How to Pass the Torch Without Getting Burned - Succession Planning with Bill Reeb

Date: Wednesday, June 11, 2008
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter(s): Bill Reeb, CPA with Succession Institute, LLC
Objective(s):
Discussion will cover organizational models that best support succession, critical processes and procedures that will help in the transition of leadership, how the marketplace's interest in your clients and people are changing, having agreements in place doesn't necessarily mean you can count on them and how the unique talents of your retiring CPA partners are often the firm's albatross.
Field of Study: Business Management and Organization
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based

No advanced preparation or prerequisites are required for this course.
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Course Description

(Note: This MAPCast will now begin at 3:00PM EST)

Given the number of baby-boomer CPAs that will retire in the next 10 years, the shortage of management staff, the likely buyers' market that will evolve, it is critical that each firm have a succession plan that they start following immediately.

Developing and executing an effective succession action plan within your firm or business requires careful planning. It often involves identifying and preparing suitable employees through means of job rotation and training or through mentoring. It schedules and conducts periodic reviews by and of senior executives that are charged with addressing the firm's key positions and selecting those potential future leaders.

A solid plan of action will help ensure the least possible disruption to the individual's responsibilities and therefore strengthens the organization's effectiveness. It clearly carves out the factors to be taken into consideration and the process to be followed in retaining or replacing that person.

Presenter and Moderator Bios
Bill Reeb, CPA is a keynote speaker, author, trainer, coach, facilitator and management consultant. He has been consulting for around three decades to all sizes of businesses, from Mom and Pop operations to Fortune 100 companies, primarily in the areas of organization, automation and revenue generation. He decided to add the credentials of CPA behind his advisory work and became a CPA in 1986.

Besides being an award-winning public speaker and published author, Bill is an active volunteer within his profession, having served in many leadership roles in the AICPA such as being a current commissioner on the National Accreditation Commission.

In addition to serving on a number of Boards and Committees, he has been honored by being named as a CPA Ambassador, was presented the Pathfinder Award and served as the Texas Vision Delegate.

Nationally, Accounting Today has recognized his efforts by listing him as one of the Top 100 Most Influential CPAs, CPA Magazine has named him as one of the Top 100 Most Influential Practitioners, and Inside Public Accounting has listed him as one of the accounting profession's most recommended consultants by CPA Firms.

Cost
$25.00 for CPAFMA Members / $40.00 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.