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📖 Description
The allocation of partner income is both an art and a science: an art because there's no system that applies to all firms and if done properly, the exercise of good judgment is required; a science because there are methods, systems and tactics that every firm should follow if they want both a fair process and satisfied partners. This book guides CPA firms in devising a partner compensation system that is right for their firm. Chapters include: Partner Comp 101, Designing a Partner Comp System, The 12 Systems Used by All Firms, How Large and Small Firms Allocate Income and Trends and Controversies.