When we say we wrote the book on succession planning - we mean it!

Steve McIntyre-Smith's new book - The Practitioners' Succession Planning Toolkit, on sale now through the CICA.

This is only sold through the CICA, to reserve your copy now, before the first print run sells out, visit the Knotia web site by clicking here.

Price $99.95 for the book and an accompanying CD containing all the checklists in the book for you to use in your own practice.

For many, one of the most effective ways to grow an accounting firm is to seek out like-minded practitioners and 'bring them into the fold'.

The success of this process depends very much on the 'fit' of the practice or block of fees acquired, the individual who served them up to this point, the compatibility of the culture of the two firms involved, the rate of fees charged in the past and the clients' expectations in the future.

Few transactions, these days, are pure mergers - where two (or more) firms combine forces to form an entirely new entity with it's own culture. It's usually a case of one firm acquiring the other.

Most transactions today are where one firm acquires another and the acquiring firm's culture, structure, and practices dominates those of the 'acquired' firm.

The general outcome, however it may be seen externally, is that one firm is taken over by the other.

Post Merger

Part of our service is to be available after the deal to assist with the post merger issues that arise, because the one thing that we can predict with absolute certainty is that issues WILL arise, even in the most successful of transactions.