Finish Audits On Time: 8 Steps for Success
How can you finish audits on time? If firms cannot complete audits, they cannot bill (at least not entirely)–and…
CPAs perform projects in the form of audits, reviews, compilations, and preparation of financial statements. Thatโs why they need a project management (PM) process.
There is a beginning and ending to each project with various persons performing various duties. Smaller projects are less complex but larger projects can involve dozens of persons and require a plethora of resources.
As projects become more complex, PM becomes more important. The CPA wants to know (for instance):
This why CPAs need to develop a PM methodology, hopefully one that is repeatable. But definitely one that is understandable.
Project management is additionally helpful for one-off partner projects such as constructing a new office. So donโt think of project management as applicable to attest services only.
Selection of a PM software package is critical to a firmโs development of a process that is useful to all personnel. There are several on the market such as Basecamp, Karbon, and XCM.
How can you finish audits on time? If firms cannot complete audits, they cannot bill (at least not entirely)–and…
Seven deadly audit sins can destroy you. These audit mistakes kill your profits and effectiveness. You just completed an…
This is a guest post by Harry Hall. He is a Project Management Professional (PMP) and a Risk Management…
On the first day of your audit, you’re confident you’ll deliver your report on time. You have visions of…
Do you ever find yourself digging through hundreds of emails to find one message? You know it’s there somewhere,…