Why joining an international network is a good move for SMPs

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. Why might small to medium-sized practices band with their peers?

  2. Why do networks of accountants arise in the first place?

  3. How might a company be proactive when it joins a network?

  4. What can firms deliver more cost-efficiently when in a network?

  5. What is one key benefit of 'buying a badge'?

  6. How can being part of a network help with audit deadlines?

  7. What is one of the key challenges of building a network?

  8. By how much has the fee income of the non-Big Four networks increased on average?

  9. How can networks handle firms that want to join but don't quite meet the standard?

  10. How can a firm be proactive about getting involved in their network?