A Better Way to M&A: Firm Managers in Starring Roles

Date: Tuesday, August 9, 2022
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter: Ira Rosenbloom, CPA (LR), Chief Operating Executive, Optimum Strategies, LLC
Moderator:
Objective(s):
- Discuss the three stages of the firm managers’ responsibilities/role
- Learn top 10 action steps that firm managers must control in M&A
- Examine common red flags to look for (buyer versus seller)
- Discover communications best practices
Field of Study: Business Management & Organization
Program Level: Advanced
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based

No advanced preparation or prerequisites are required for this course.
  Order Podcast

Course Description

Firm managers can play a critical role on the path to M&A. In this 60-minute session we will discuss a preferred method of including firm managers early in M&A negotiations to help the firm stay on a more strategic, organized trajectory toward a successful practice combination. Participants will discuss the three stages of the firm manager’ responsibilities/role while learning the top 10 action steps that firm managers must control in M&A. The session will include common red flags to look for and discover communications best practices.

Presenter and Moderator Bios

Presenter: Ira Rosenbloom, CPA (LR), Chief Operating Executive, Optimum Strategies, LLC

Ira Rosenbloom, CPA (LR) is known as "The Merger Master?" for his skill in helping CPA firms engineer succession strategies and complete M&A transactions. As Chief Operating Executive of Optimum Strategies, a boutique advisor to small-to-mid-sized firms, Ira creates competitive advantage for his clients by optimizing the firm’s position for a transition. Ira is a recognized thought leader who frequently contributes expertise to state CPA societies and accounting and business publications. He has served as a member of the AICPA Management of Accounting Practice Committee and the Board of Trustees of the New Jersey Society of CPAs (NJSCPA). Before founding Optimum Strategies in 2010, Ira served as managing partner of a mid-sized regional accounting firm, practice director for a national firm, and as regional partner in a national CPA M&A advisory firm, among other positions. He graduated cum laude from New York University with a Bachelor of Science degree in Economics, and received his Master of Science degree in Accounting with honors from Northeastern University. Learn more at OptimumStrategies.com.

Cost
$25.00 for CPAFMA Members / $40.00 for Non-Members / Free for PAFMs

This MAPCast is part of the following series:

Making M&A Easier - Broadening and Accelerating the Role of the Firm Manager in M&A
Title: The Traditional Approach to M&A and Why Owners Are Resistant to Change Firm managers often get excluded from much of the M&A negotiations until late in the process. In this session, we’ll explore this common approach and examine how and why firm managers can and should overcome barriers to add value to the deal process. Title: A Better Way to M&A: Firm Managers in Starring Roles Firm managers can play a critical role on the path to M&A. In this 60-minute session we will discuss a preferred method of including firm managers early in M&A negotiations to help the firm stay on a more strategic, organized trajectory toward a successful practice combination. Title: Parallel Lives: How Firm Managers Can Juggle M&A with Daily Practice Explore ways firm managers can balance M&A with their daily responsibilities. Discussion will include ways to effectively delegate responsibilities, monitor accountability of all of the firm management, and ways to clarify role.

The entire series can be purchased at a discount for:
$50.00 for Members / $80.00 for Non-Members / Free for PAFMS

Delivery System

• All programs are delivered using the Zoom platform.
• Confirmations will include log-in instructions.
• Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
• All registrants will receive a link to the MAPCast’s recording by email within 48 business hours of event’s conclusion.
• There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line with the names and email addresses of each individual guest. Log-in details will be emailed to all registrants approximately 1-2 days prior to each session.

Refund Policy

CPAFMA will not issue refunds for MAPCasts. If a registrant is unable to participate in the MAPCast and sends written notice to info@cpafma.org 48 hours prior to the session, a credit will be provided for a future MAPCast. Alert the CPAFMA staff member monitoring the MAPCast if technical difficulties are encountered and technical support will be provided to eliminate problems with future MAPCasts.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to show active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the MAPCast recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits.

For more information regarding CPAFMA MAPCasts or administrative policies such as complaint and refund, contact the CPAFMA Headquarters at 937-222-0030, or info@cpafma.org.