Dollars and Sense … CPAs: How the Most Trusted Business Advisers Help Business Families
- Tags:
- Accountant,
- Advisor,
- Business Family,
- Certified Public Accountant,
- Delaware Valley Family Business Center,
- Finance,
- Financial,
- Financial Accounting
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Overview: Accountants have considerable influence on the owners and managers of family businesses. As demonstrated competence in often wide-ranging financial and business matters CPAs have earned the trust of their clients. Article explains the unique competitive advantages brought by the CPA to business families in transition. Families in transition need top-flight financial advisers. While succession surely involves "more than number crunching," CPAs are uniquely positioned to provide clear-headed financial advice during the sometimes perilous journey through The Succession Zone. Trusted accountants are frequently the founder’s or senior generation’s primary executive coach, helping them to pass their "final test of greatness"—namely, a good transition. Trusted consultants also often gently, yet firmly, help to mentor and test new family leaders and owners. As accountants gain a clear understanding of the issues facing business families and how to work at them.
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Format: HTML | Date: Nov 2001 | Pages: 1
