Connect with us:
Connect Facebook Twitter LinkedIn NJSCPA Text Alerts
YouTube Pinterest Google+ Instagram

In This Section:
End of Triennial
NJSCPA Scholarship Fund



Succession Planning Resource Center


With a large number of baby boomers facing retirement, succession planning has become a top concern at many CPA firms. The New Jersey Society of CPAs has created this Succession Planning Resource Center to help members deal with this important issue.

Succession Planning


  • Five Steps Young Professionals Can Take to Help Ensure They Are Part of the Firm’s Succession Plan

    August 29, 2014
    If you dream of occupying a corner office at your firm, making important strategic and financial decisions, and leading a team of accounting professionals toward growth and success, then it’s important to make sure you are a part of your firm’s succession plan. Here are five ways to help make certain your name is brought up as a viable firm partner candidate in the future.
  • Practice Continuation for Small Firms: An Action Plan

    July 23, 2014
    Several risk exposures, including possible damage to a client’s business and the potentially negative effects of missed opportunities, come into play when a CPA is unable to work, but has not made arrangements for a suitable replacement.
  • Key Factors in Practice Value

    July 21, 2014
    Professionals often ask what their accounting or tax practice is worth but asking that question is like asking what houses are worth. It is unwise to rely solely on some simplistic rule of thumb because each practice, like each house, has a number of factors that may cause the price to vary. Following are the seven factors that have the greatest effect on value.
  • Five Core Tenets of Exit Planning

    May 27, 2014
    The succession or exit by a business owner is usually the single largest financial transaction in their lifetime with a lot at risk. A true and properly prepared exit plan offers the following five core tenets for an owner.

Mergers and Acquisitions


  • The Solvency Problem and Tax-Free Mergers

    June 23, 2014
    There are proposed regulations that have been in the works for a decade that, if finalized, will potentially cause complications among certain mergers.
  • Tech Integration Comes First During an M&A

    March 1, 2014
    A well-conceived integration plan, penned long before the ink dries on the contract, is critical. And savvy companies know that the first step in that plan is to address technology.
  • How to Value a CPA Practice for Sale

    November 1, 2013
    One of the key components of a CPA succession plan is the sale or transfer of the retiring CPA’s ownership interest. How is the value of that interest determined?
  • Key Considerations When Buying a Firm

    August 30, 2013
    How to successfully value, acquire and integrate another CPA firm.
Available exclusively to CPA society members:
 CPASuccessionMatch.com 
Looking to sell your firm?
Looking to grow or buy a firm?
Look no further.
  • Search for others looking to sell, merge or buy.
  • Subscribe to view full user profiles and connect.
  • Send anonymous, confidential messages to users.
>> Learn more
 

Available to NJSCPA members:
 Transition Advisors LLC
Project MATS - Merger, Acquisition, Transition, Succession

Transition Advisors LLC specialize in advising managing partners who are actively pursuing growth and succession strategies including advice on mergers and acquisitions.

>> Learn more
 

NJSCPA Classified Ads

Whether you're looking to merge, be acquired or acquire another firm, post a cost-effective ad on the NJSCPA website, in New Jersey CPA magazine, or both.

>> Learn more

Events



Managing your leadership legacy requires strategic foresight. Bring training in-house to gain perspective on the future of your organization and the steps you can take today to make it a successful transition.

Suggested on-site training: Contact Sharon Drucker for details at 973-226-4494 x229 or sdrucker@njscpa.org.