CPA Firm Partner Retirement / Buyout Plans, 2nd Edition
TESTIMONIALS
“I am using the CPA Firm Partner Retirement/Buyout Plans book to update our partner agreements. I really enjoyed the structure of the book. The content was relevant and useful, and very easy to read and get through.”
Jim Gardner, MP
Fred A. Lockwood & Co., PC
Chadron, NE
BULK DISCOUNTS
| Subtotal | Discount |
|---|---|
| $625 | 20% off |
| $1,150 | 30% off |
| $1,600 | 40% off |
| $2,850 | 50% off |
Second Edition
We’ve recently updated this book to provide the latest on partner retirement/buyout plans for you.
Partners in CPA firms are the greatest examples in the business world of the concept of deferred compensation – their buyout payments when they retire. The amounts paid to each retired partner range from several hundred thousand to $1-3M. Sizable sums indeed! New generations of partners are taking control of their firms. They’re confronted with two factors, among others, that are affecting their buyout: an outdated retirement/buyout plan and the invasion of private equity causing some firms to rethink how they value their firm.
The following have been ADDED to our newest edition:
- How to protect the firm from unaffordable buyouts
- Behaviors and actions by retiring partners that could cause their buyout to be reduced
- Why valuations used in a firm sale are different than those used for internal purposes
- Dealing with a senior partner who wants to work forever
- How to compensate a part-time retired partner
- New trends including non-equity partners in buyout plans
Other topics include:
- What partners must do to get their buyout money
- How to value a firm’s goodwill
- 6 methods of determining an individual partner’s buyout
- How buyout payments are impacted by client loss
- Vesting
- Notice and client transition requirement
- Why a mandatory retirement policy makes sense
- Tax implications of partner retirement payments
- 6 ways that partners leave the firm: how each impacts buyout payments
- Non-compete and non-solicitation covenants
- The perils of staying silent on payment of goodwill-based benefits
NEW Toolkit
We are offering a proprietary toolkit that includes several key documents from the book your firm can edit and use. The toolkit is a $95 add-on to your book purchase and comes as printable documents to make it easy for you to use immediately.
It includes high-impact, one-page summaries and sample tools for sharing with your partner group such as:
- 6 Methods Used by CPA Firms to Calculate the Goodwill Payable to a Retiring Partner
- Client/Partner Transition Policy
- Sample Non-Solicitation Agreement for Partners
©2024
Please note our PDF e-books are not printable. Why?
LINK TO DOWNLOAD THE PDF WILL APPEAR IN YOUR CONFIRMATION EMAIL
