now available: the 3rd annual accounting firm operations & technology survey results

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full-size softcover plus free ebook edition.

randy johnston, chairman and ceo, network management group inc., and leslie garrett, phd, ceo of insight research group, are the principal authors of the annual accounting firm operations and technology survey report. available as softcover and ebook, published by 卡塔尔世界杯常规比赛时间, available at www.g005e.com/shop/afot.  

the report provides easy to understand bar charts and tables featuring three consecutive years of data which highlights trends in the profession. the survey results book also provides tables where survey respondents are segmented by size of firm, making it easy for accounting and tax professionals to benchmark their firm against others of the same size.

“this year we focused our efforts on increasing participation from mid- and large-size firms, we achieved success in this initiative,” says garrett. this information-rich resource provides partners, owners, shareholders and it professionals with insight into how the profession is moving in terms of operations, technology, and practice management.  “it is our goal to provide an unbiased valid resource that aids firms in decision-making for the next 12 months,” says johnston. read more →

soloists, small firms must take software seriously

johnston, garrett, tankersley
johnston, garrett, tankersley

subscriptions and the cloud may not work for everyone. but proper licensing does.

by randolph p. johnston, leslie garrett, and brian f. tankersley
the accounting firm operations and technology survey

software is the reason that firms make investments in computer hardware, yet many firms seem to avoid upgrades until they are forced to make a change. for example, when asked to identify their preferred word processing application,

  • more than 50 percent of respondents in both groups are using a version of the software that is over five years old (e.g. office 2010 or earlier), and
  • a significant number of solo practitioners are using word 2007, which is eight years old as of june 2015.

related: soloists, small firms need tech update plans | soloists, small firms cite tech challenges | an it department of 1? soloists, small firms relate

while we do not think that practitioners should jump the newest version of a product immediately, we also do not think they should be more than two releases behind the current version of their applications for an extended period of time.

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how the smallest firms can make better technology decisions

johnston, garrett, tankersley
johnston, garrett, tankersley

that means hardware, os and licensing (hello, audit!). bonus checklist: business vs. home computer models.

by randolph p. johnston, leslie garrett, and brian f. tankersley
the accounting firm operations and technology survey

computer hardware and operating systems provide the foundation from which firms and their staff members manage their work tasks every day. while some practitioners focus more on the brand of the system rather than the quality of the components it contains, we believe that all of the major hardware manufacturers make some excellent, business-grade hardware, and they all also make some low-cost, low-quality items targeted at home users that are not appropriate for use in a business environment.

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soloists, small firms cite tech challenges

johnston, garrett, tankersley
johnston, garrett, tankersley

cost, keeping up with new software among reasons some balk at investing in better tools.

by randolph p. johnston, leslie garrett, and brian f. tankersley
the accounting firm operations and technology survey

the planning and execution of the firm’s technology strategy is one of the areas where solo practitioners and small firms struggle the most. thirty-two percent of solos and 24 percent of small firms were very concerned about “understanding the technology options and selecting the right ones for the practice.” additionally, 26 percent of solo practitioners and 16 percent of small firms reported “staying informed about current technology” was a major concern of theirs.

more: an it department of 1? soloists, small firms relate

unfortunately, most firms are not using basic management tools like preparing a budget so that resources can be conserved to replace the hardware and applications when necessary. while practitioners like to complain about the cost of their technology tools, compared to not having the tools, the return on investment in technology is significantly better than that of hiring additional employees.

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an it department of 1? soloists, small firms relate

johnston, garrett, tankersley
johnston, garrett, tankersley

tending the details: considerations for email, backup, viruses, websites, retention and remote access.

by randolph p. johnston, leslie garrett and brian f. tankersley
the accounting firm operations and technology survey

small firms require owners to do more back office and supporting work themselves due to the limited number of staff at their disposal.

seventy-one percent of solo practitioners and 30 percent of small firm respondents reported that they personally handle the it support in their firm. smaller firms were much less likely to have others who can assist in the firm, with only 1 percent of solo practitioners and 9 percent of small firms delegating this work to staff or in-house it professionals.

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soloists, small firms cite top challenges

johnston, garrett, tankersley
johnston, garrett, tankersley

bonus lists: pros and cons of opening an office. top sources of new clients. and how time is spent.

by randolph p. johnston, leslie garrett and brian f. tankersley
the accounting firm operations and technology survey

one of the more significant challenges for a small firm is the determining the proper level of overhead spending to support the firm’s client base as they try to work with clients. despite significant savings in some areas associated with working from home, this lack of infrastructure limits the firm’s ability to

  • hire staff,
  • meet with clients and
  • be accepted as a credible business entity by the larger business community.

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new survey results: the 2nd annual accounting firm operations and technology report

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randy johnston, ceo and founder, network management group, inc.; leslie garrett, ph.d., ceo of insight research group; and brian tankersley, editor of the publication announce the release of their 2nd annual accounting firm operations and technology survey ebook. the survey is published in cooperation with 卡塔尔世界杯常规比赛时间. 

“we are very pleased with this year’s survey participation, we have respondents from all 50 states and our number of respondents doubled over last year’s results, further validating the data,” said garrett.

available for sale exclusively at store.cpatrendlines

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how to join the annual accounting firm operations and technology survey

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join the survey; get the results.

cpa firms are invited to join the 2nd annual accounting firm operations and technology survey and receive a free copy of the results, a $495 value. join the survey; get the results.

the current survey results are available now exclusively at www.g005e.com.

the survey questionnaire, which should take 20-30 minutes to complete, is scheduled to close dec. 19 and the report is scheduled to be delivered to participants as a free e-book in february. read more →

new benchmarking research: accounting firm operations and technology survey

garrett johnston

executive summary of key findings available.

卡塔尔世界杯常规比赛时间 is joining in the release of a broad new benchmarking project, the accounting firm operations and technology survey, produced by randy johnston, chairman and ceo of network management group, inc., and leslie garrett, phd, ceo of insight research group.

“our primary goal in developing and publishing this ebook is to deliver an easily accessible reference tool accounting professionals can leverage when making operational and technology decisions,” said johnston.

the 2014 ebook provides the most complete and up-to-date information about practice management and technology u.s. accountants are using in their practices. the ebook shares factual, actionable items and insights that are not available from any other source, further broken down for the practitioner by size of firm.

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