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    Private Companies Practice Section History

    Overview Private Companies Practice Section (PCPS) was founded by a vote of the AICPA Governing Council in 1977 to establish a voluntary quality assurance program within the AICPA for CPA firms, in response to Washington 's scrutiny of several major business failures
    Published on February 20, 2013

    Using the Small Firm Advantage in Staffing

    Article The Small Firm article, written by Anthony G. King, CPA, CGMA, in the August issue of The Practicing CPA e-newsletter provides ways to use the small firm advantage to recruit and retain quality staff.  This article describes staff benefits for small firms including exposure to varied work, professional growth and
    Published on August 30, 2013

    CPA Comfort Letter to Lenders and Third Party Verifications

    Overview Many CPAs today are faced with a unique challenge of providing a loan broker or lender with a “comfort” letter on behalf of a client. There have been many questions raised over the last few months and PCPS would like to point you to guidance that will help in these situations.
    Published on April 15, 2014

    Let Your Voice Be Heard!

    Article The feature focus article in the December issue of The Practicing CPA e-newsletter provides details regarding ARSC’s exposure draft and provides steps practitioners can take to provide comments.  This article discusses details about the revised compilation standard, the new preparation standard and the new association standard.
    Published on December 23, 2013

    Firm Strategy and Planning

    Overview This section contains tools and articles specially designed to help your firm better analyze your current client base, gain assistance with firm issues and plan for the future objectives of the firm.
    Published on June 06, 2013

    Aligning HR with Strategic Goals

    Article The large firm article, written by Ken Bansemer, SPHR, in the October issue of The Practicing CPA e-newsletter explains how their firm aligns strategic and human resource goals.  This article discusses their firm recruitment processes, how they adjust to generational differences and how they promote and encourage inclusion and diversity.
    Published on October 29, 2013

    Peer Review & Quality Control Document Guidance

    Guidance Here you will find an Overview of Peer Review Process and Requirements for PCPS Member Firms and the Quality Control Standards. The Program is a systemic evaluation whose value in serving the public interest and firms lies in its educational and remedial nature.
    Published on February 07, 2014

    Focus on Getting to the End Zone

    Article Learn about a large firm’s client centered approach to client service and the importance of assisting clients through every stage of their life and business cycle. In addition, this article details how this firm uses revenue groups to drive firm growth.
    Published on November 26, 2013

    Substance Abuse

    Article Chemical dependency (either on legal or illegal substances) can cause behavioral changes. The effect of such behavior on client relationships is predictably negative for both the individual and the firm.
    Published on February 14, 2012

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