US President Joe Biden signed the huge USD 1.9 trillion American Rescue Package on Thursday, which is expected to give the country's economy a big boost.
While choosing the right offshoring partner is one of the most challenging tasks that organizations face today.
One of the most daunting challenges that companies face today is selecting the best offshoring partner. When choosing an Offshore Staffing Partner for accounting services, start by defining the result and your expectations from the offshoring partner. Determining what you want will go a long way toward assisting you in selecting the best offshoring partner.
This will be BDO's eighth M&A transaction in the last year. The Top 10 Firm's revenue for the fiscal year 2020 was $1.8 billion, up 11% year over year. By widening its current business in places like South Florida and investing in new services, the company expects to hit $2 billion in FY21.
Mergers and acquisition activity accelerated from 2000 to 2010 in the tax & accounting industry as accounting firms sought growth by expanding their geographical territories, acquiring and developing service line specialties, or increasing their dominance in specific industry segments.
Congrats to Jody Grunden to get awarded with 1st Position for Innovative Practitioner by CPA.com. His entire career has been devoted to innovating the accounting industry, starting with the company’s mission statement: “changing the way people think about accounting.”
Most owners and partners of Accounting firms are ‘career’ accountants and by ‘default’ business owners. The most common plan for everyone entering into the profession is to be a good Accountant, serve the clients well, earn enough money and then maybe some 40 years later sell the ‘practice’ and retire. Deep down probably you too thought the same in the beginning.