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On Your Own: How to Start Your Own CPA Firm.

This publication examines the risks and rewards awaiting the practitioner who decides to open his or her own practice. A Colorado CPA who has taught a continuing professional education course on the subject for many years, Williams outlines the practical experience required and covers many other issues such as obtaining financing and an initial client base, choosing a level of practice specialization and estimating the time required for technical updating and office management.

He also provides a checklist that should be completd and reviewed before making the decision to go solo and a model business plan and loan proposal to help launch the venture. This book is well written and is worthwhile reading for any CPA who may be contemplating starting his or her own public accounting practice.
COPYRIGHT 1990 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Fogg, Stephen L.
Publication:Journal of Accountancy
Article Type:Book Review
Date:Sep 1, 1990
Previous Article:Local Governmental Audit and Accounting Manual as of March 1, 1990: a Nonauthoritative Practice Aid.
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