PCPS Succession Planning Resource Center 


Get help quick by contacting us directly at pcps@aicpa.org or 1-800-CPA-FIRM. Lean on PCPS to sort through the complexities of the profession and support you on the issues that significantly impact your practice and your clients. With turn-key tools specifically designed for the small firm, we are ready to help you.

Succession assessment

Succession Planning Guide & Tools Succession Readiness Assessment Succession Timing Calculator
As you begin to develop a strategy for succession transition, read the entire book or only the sections, templates and tools that pertain to your firm. Is your firm ready? Assess how specific partners in your firm nearing retirement affect your firm’s ability to thrive following their exit. Use this tool as a means to determine when you should start to plan succession for you and your partners in your firm.
     
2016 PCPS Succession Survey

Succession Planning and Valuing Your Accounting Firm in 2012

 The 2016 CPA Firm Succession Survey was fielded this spring. Full results are available below.

Enjoy our largest, most comprehensive look at succession planning to date. Find out what fellow practitioners are doing, and learn from the profession’s best practices.

Sole Proprietors

Multi-owner Firms

Getting Your Succession Planning on Track
Not sure where to start your succession planning journey? Start with these tips for sole proprietors and multi-owner firms.

Succession Podcast Series with Transition Advisors LLC.
Sole Practitioner Series
Title Presenter
The first three steps in creating your succession plan (24:38)  Joel Sinkin 

Multi-Partner Series
Title Presenter
Four keys to managing internal succession and determining if you have the necessary bench strength (23:29)  Terry Putney, CPA 

PCPS Member firms can access the entire series of podcasts here.

Additional Resources

Deeper Dive into Succession Planning

Deeper Dive into Succession Planning
Consider these options that are offered with discounts only available to PCPS members

Practice Continuation Agreements

Practice Continuation Agreement
What would happen to your clients and practice if you were to become incapacitated or were to unexpectedly pass away? Protect your practice, your clients, and your family by developing a Practice Continuation Agreement today.

 

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