Office Sharing for CPAs: Advantages and Disadvantages for Small Firms and Sole Practitioners

John R. Ledgerwood; Bert J. Zarb

Office Sharing for CPAs: Advantages and Disadvantages for Small Firms and Sole Practitioners

John R. Ledgerwood, Bert J. Zarb

Business Administration

Embry-Riddle Aeronautical University

Research output: Contribution to journal › Article › peer-review

Abstract

The article discusses the advantages and disadvantages of office sharing arrangements for small certified public accountant (CPA) firms. The advantages include cost savings on operating expenses such as accounting software, and reduced capital expenditures on office equipment. The disadvantages include sharing of salary costs and breach of client confidentiality. Subcontracting is discussed as a way for a CPA firm to outsource services to a larger firm who can provide office space or equipment.

Original language	American English
Journal	The CPA Journal
Volume	84
State	Published - Oct 2014

Keywords

accounting firms
office sharing
accounting software
office costs
operating expenses
office equipment

Disciplines

Business
Accounting
Business Analytics

Cite this

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Office Sharing for CPAs: Advantages and Disadvantages for Small Firms and Sole Practitioners

Abstract

Keywords

Disciplines

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