The Managing Partner Committee presents a webinar on Strategies for Large Firms. Joe Tarasco, Regional Director of MGI North America, will lead the discussion. Come share and learn from other Managing Partners from CPA firms across North America.

Who is the course designed for

Managing Partners of CPA firms

Topics Covered

1. Managing a Remote Work Force

Three years into the remote work revolution sparked by the COVID-19 pandemic, the accounting profession finds itself in the midst of a great natural experiment, as some firms seek to slow or reverse this change, while others seek to accelerate it. What is your firm’s strategy and is it working?

2. Art of Partner Compensation

Partner Compensation can be one of the most troublesome issues in a Public Accounting (PA) firm, especially in a down year. In the distribution of profits, what is an appropriate balance between recognizing current performance vs. long term contributions, the rainmaker vs. the most technical partners, the partner who trains and coaches staff or the partner with very high billable hours, etc.?

3. How Practice Leaders Add Value

David Maister, a leading professional services consultant once said “, what is noticeably different at the best firms is leadership characteristics of energy, drive, enthusiasm, motivation, morale, determination, dedication, and commitment”. However, PA partners like athletes when left to make decisions on their own don’t accomplish as much as when they are coached by a good leader.

What types of leadership styles have you seen work best?
Do you agree with David Meister’s leadership characteristic quote?
What leadership style has worked best for your firm?

4. Coaching

An accounting firm is like a sports team, with talented athletes, who will only win if they truly fulfill their potential. Professionals, like athletes, when left to their own devices, don’t accomplish as much as they do when they are supported by a good coach. Let’s discuss how managing partners, and practice  leaders add value  to their firms to be successful teams, and avoid a bunch of partners acting in a silo.

Learning Objective

The objective of this course is to share practical and insightful experiences on how a CPA firm can improve management and operations

Level

Intermediate

Program Prerequisites

Experience managing a CPA firm

Advance Preparation

None

CPE Credit

2-hours