As you begin to think about leaving the accountancy profession, consider how the firm you have built up will have value in someone else’s eyes. A succession plan allows for an orderly exit and asks questions such as: 'will your firm be worth anything to anyone else? And if so, how much and to whom?'. Learning how to value an accountancy practice ensures your exit is not left to chance and gives a degree of comfort to others involved, particularly staff.
On completion of this online course, you will gain an understanding of:
- how to develop a succession plan
- how to value your accountancy firm
- the procedures of an internal succession
- the options of shared ownership