staffing shortage cripples growth at 40% of firms

on the frontlines: about 64% of firms surveyed globally by 卡塔尔世界杯常规比赛时间 are scrambling for new hires.

in the u.s., tax and accounting firms are adding jobs at a robust 7% rate, but that’s still short of what’s needed.

by beth bellor

from arizona to zimbabwe, and dublin to cinncinatti, tax and accounting firms are telling 卡塔尔世界杯常规比赛时间 that they are so short of staff they’re turning away new business.

how to face down the covid talent crunch:
join the survey. get the answers.

the scramble for talent is global and it’s forcing fundamental changes in how accountants do business.

reports are coming into 卡塔尔世界杯常规比赛时间 from around the world and they are dismally similar:

  • tucson, ariz.: at r&a cpas, chief recruiter nancy allison says they’re turning to “hiring fully remote employees, making fully remote and hybrid work permanent for existing team members, and utilizing outsourced services for tax preparation assistance.”
  • marondera, zimbabwe: accountancy consultant billy ndlovu tells 卡塔尔世界杯常规比赛时间 they are turning away new clients even as they battle the covid upheavals that are “changing how we do things.”
  • dublin, ireland: anthony casey at noone casey is staying ahead of the curve by finding productivity gains in remote working and picking up new staffers with specialty skills.
  • cincinnatti: back in the u.s., rick kruse at kruse & crawford is turning to new technology even as they trim their headcount.

卡塔尔世界杯常规比赛时间 polling shows about 64 percent of firms are seeking to add additional staffers, even as 60 percent of firms are turning away new work due to the crippling shortage of new hands.

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are you under-pricing your client accounting services?

cas revenues are surging 20 percent, but profits are lagging. discuss.

by 卡塔尔世界杯常规比赛时间

growth in client accounting services appears to be accelerating, but the expansion may underlie simultaneous growth in personnel turnover and trouble in the pipeline of professionals, according to new research.

more: show clients why they can’t say no | your firm needs a cas championhow cas drives virtual cfo billings | lower your costs by 75% with cas | your top six cas questionsthe roi on identifying clients for cas |

the new benchmarking study found a burgeoning median growth rate of 20 percent, nearly double the rate of 2018. net client fees per professional shot up by 17 percent to average $112,293 as cas practices continued to move toward fixed fee and value billing methods.

and apparently, profits could have been even higher.

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your best advice: get smart, get tech, get moving

the new normal: accountants race to adapt, adjust, and adopt new tools and tactics. (卡塔尔世界杯常规比赛时间-avalara accountants confidence index) 

what accountants are telling other accountants about how to weather the pandemic economy.

how well is your firm adapting to current business conditions?
join the survey. get the results.
we’re ahead of the curve   |   we’re keeping up   |   we’re falling behind

by 卡塔尔世界杯常规比赛时间 research
卡塔尔世界杯常规比赛时间-avalara business confidence index

new readings from the 卡塔尔世界杯常规比赛时间-avalara business confidence index are unearthing a lot of good advice for firms venturing into the post- (let’s-hope-) covid-19 world.

related: survey: worries for small business clients |  busy season forecast: more chaos   |  survey: drake takes the cake in tax apps  |  there are 4 types of professionals  |   |  pop quiz: can you find $330,000 for your clients?   |  remote work is here to stay   |  salt: the small business disaster waiting to happen   |   |  survey: cpa firms reject staff vaccine mandates

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in five nutshells:

  1. adapt technology to virtual service.
  2. innovate to deal with government tax and economic measures.
  3. look for cloud-based apps accessible anywhere.
  4. automate to stay competitive.
  5. look for new revenue streams to replace older services.

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tech: accountants are losing the race

infographic
all images: zapier data

what do other businesses know that we’re ignoring?

by 卡塔尔世界杯常规比赛时间

among the many wonderful things covid-19 bestowed on american business, new business models probably rank first. those who figured out how to adapt found themselves competitive. those who didn’t now drive for uber.

more: automation without accountants
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the accounting industry was among the quick adapters.

though quick to adapt to a modified office structure, cpa shops have been slow to adopt automation. other small and medium-sized businesses (smbs) have proven far quicker.

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automation without accountants

top use case: 43% of accountants use automation to import hours into payroll.

more than half the work world is embracing automation. why not accountants?

why accountants won’t automate:
join the survey. get the results.

by 卡塔尔世界杯常规比赛时间 research

for all the talk of automation among tax and accounting practitioners, they are still falling behind, even as other professions race ahead.

more in tech: microsoft puts the full windows experience in the cloud | survey: how old is your desktop pc? | microsoft acquires cybersecurity firm riskiq | survey: your favorite desktop pc | global fintech funding gains momentum | salt: the small business disaster waiting to happen

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

more than half the work world is embracing automation.

among accountants: it’s less than half, according to a broad new study.
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