Merging with or acquiring another CPA firm has the potential to give you access to an expanded client base and new markets. However, for mergers and acquisitions of another CPA firm to be successful for all parties involved, owners/partners will need to perform thoughtful analysis and evaluation of the other firm.
What are the crucial considerations to be aware of? In this video edition episode of the Tax Section Odyssey, Raleigh Cutrer, CPA/PFS/ABV, Shareholder at Matthews, Cutrer and Lindsay, P.A., talks about five key areas to consider when exploring whether to acquire another CPA practice. Raleigh’s firm has recently gone through several acquisitions and shares some lessons learned in this short video.
Resources:
Tax Section firm practice management resources (open to Tax Section members)
Succession Planning Guide & Tools (open to PCPS members)
Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices.
This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you’re not already a member, consider joining this prestigious community of your tax peers. You’ll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.