Overview

This Practice Management webinar session on “Practice models and network” forms part of a series of presentations on practice management for small and medium practices based on IFAC’s Practice Manual for SMP’s.  

Starting your own [accountancy] firm is one of the greatest professional challenges you will ever undertake but can potentially be one of the most rewarding.  If an accounting firm is built on a solid foundation of good decision-making, ethical and efficient processes, and a balanced team of committed leaders, it can be confident about its long-term future.  

This presentation looks at a number of structural considerations inherent in owning or running an accounting firm.

Learning objectives 

• Exploring the various models available: sole practitioner, partnership, and corporate structures;
• Examination of the major approaches to profit-sharing and to decision making within a firm; and
• The use of networks to multiply the power of your own advice.

Content

• The structural considerations inherent in owning or running an accounting firm, and the various models available,
• Profit sharing and decision making within a firm, and 
• The use of networks to add value and grow profitability.

Who should attend

These webinars are aimed at all accounting practitioners and practice owners/managers who want to know how to improve the running of their practice and increase their profitability and productivity.

CPD

Attending the webinar will accrue 1 CPD hour for members of a relevant professional body such as ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA.

Investment

This is a free event sponsored by SAIBA