As highlighted in the Succession Planning Survey, small firms know they need a Practice Continuation Agreement (PCA) yet less than 10% have one in place. Listen as Mike Shost, CPA discusses key takeaways and best practices from his experience constructing and executing PCAs in his small firm.

PCPS resources mentioned in this episode:

• Practice Continuation Agreements: A Practice Survival Kit
• PCPA Succession Planning Resource Center
• Work on your firm now, retire will later

To learn more about Mike, please visit his website at shostcpa.com. This episode is brought to you by the AICPA’s Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out our membership information or sign up for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.