EDG2409. Help Save the Profession: How to Start a CPA Firm (With Real Numbers!)

Have you ever wondered if the current state of the accounting profession is as good as it gets? Do you question if the common approaches to running firms, serving clients, and engaging with employees are the best we can do? The accounting profession is desperately in need of the next generation of people who ask those questions and decide to take the plunge to start a firm. Unfortunately, the process can feel overwhelming, the details are shrouded in mystery, and the endeavor can feel risky. Join Michael as he covers his journey of starting a firm, provides frameworks for beginning your own, and shares his firm's earnings and expenses along with financial case studies from other firms across the nation. You will gain valuable insights into the realities, challenges, and incredible opportunities of starting an accounting firm.

Learning Objectives:

• Recognize the key considerations when starting a CPA firm.
• Identify the process of starting a CPA firm.
• Recognize the various ways to establish or acquire a book of business.