by jody padar, cpa, mst
best-selling author of the radical cpa and from success to significance: the radical cpa guide
step-by-step handbook with hundreds of strategies, tools, tips, insights, guest experts, and case studies.
how savvy cpa firms are fighting back.
by 卡塔尔世界杯常规比赛时间 research
a new state cpa society report on the dwindling number of college graduates who are pursuing cpa credentials underscores an issue that’s already being confronted by some forward-thinking accounting firms.
the statistics are daunting:
todd shapiro, the illinois cpa society president and chief executive, calls the stagnating cpa pipeline “a threat that will only get worse and grow more troubling without action because there’s no slowdown in sight for accounting talent demand.”
“the five-year rule is ridiculous and limits the number of people needed in the industry.”
by 卡塔尔世界杯常规比赛时间
finding qualified staff is among the most significant problems facing the accounting industry, and the american institute of cpas is partly to blame, according to joel a. cooperman, chief executive officer of citrin cooperman & co., a new york-based accounting and consulting services firm with more than 650 employees.
more from the corner office: lee beall: finding next-gen leaders at rea & assoc. | joe kask leads ‘paradigm shift’ at blumshapiro | lou grassi focuses on recruiting, retention at namesake n.y. firm | rick dreher innovates wipfli for clients, younger workers | frank longobardi: cohnreznick’s battle for top talent | the robo-cpa: jim sikich prepares for disruptive technologies | exclusively for pro members. log in here or 2022世界杯足球排名 today.
“the aicpa does a very poor job promoting reasons why accounting can be a very exciting and very rewarding career,” says cooperman, who co-founded citrin cooperman in 1979 and has overseen the firm’s growth to its ranking of 22nd on accounting today’s top 100 firms list with $175 million in revenues during 2014.
it’s time to look at yourself in a new light.
by jody padar
the radical cpa
i love andersen consulting, now accenture. i especially love the story that when andersen consulting first started, the consultants who worked for the firm were not accountants. they hired mostly liberal arts majors – creative thinkers who were exceptional at communicating and innovating, but not so great with the numbers. the executives at andersen taught the consultants accounting and, well, how to be an actual consultant.
more on radicalism: target prospects for best fit | how spiritual value affects pricing | radical pricing fixes cash flow problems | each social channel has a language | 5 radical ways to be social and strategic | six competitive advantages for the radical cpa | 5 radical transparencies; are you ready? | why start being radical now? | the roots of ‘radical’ cpas
>>> sign up for jody padar’s radical cpa updates for the future-ready firm
i hope this motivates today’s firms. this younger generation of accountants has more than 150 hours of accounting, but they are less well rounded than previous generations. this is a problem.
we can no longer complain to the aicpa as to when they made that 150-hour rule, why they created more necessity for young accountants to learn more useless financial knowledge that’s constantly changing as opposed to having them develop better writing and analytical skills. that’s most important in today’s workforce.
despite paying top dollar for top talent, old-line firms are losing gen y staffers with bigger ambitions.
derek davis, the shared economy cpa, talks about launching the first app-first cpa firm
by rick telberg
卡塔尔世界杯常规比赛时间 research
with cpa firms locked in a battle for top-level talent, wages are advancing at record rates in desperate efforts to both retain and recruit highly-prized professionals, according to 卡塔尔世界杯常规比赛时间 research.
partners and staffers alike, feeling stifled and underused at their current firms, are finding a broad array of new opportunities at other firms. and where they can’t find the right position at another firm, they are creating their own.
los angeles cpa derek davis, for example, left a career at a big four firm to start his own practice. but his first hire wasn’t an assistant. and his first partner wasn’t another cpa. instead, davis teamed with a software designer. and they didn’t open an office, they launched an iphone app.
get certified. apply early and often. join the survey; get the results.
by rick telberg
i’m looking over the early responses to our new cpa careers survey and one stands out for its practicality and wisdom. this from a veteran senior finance manager at a fortune 1000 company is, i think, 18 pieces of the best advice i’ve ever heard.
1. for the accountant who is not a cpa yet: if you’re not a cpa already, make it a goal.
2. if you need hours, apply to every accounting firm that you could drive to or are willing to move close to.
3. apply beginning in mid-april, after busy season, when accounting firms clean house. read more →
cpa firm hiring tops 40,000 for first time ever.
by rick telberg
bolstering reports of a suddenly surging profession with a high demand for top talent, a new survey of colleges and firms by the aicpa shows that cpa firms are hiring a record number of graduates.
at the same time, the pipeline of accounting students is bulging, suggesting to some that the continuing high demand for new recruits can be met by newly minted graduates for the next few years.
this will come as good news to firms facing growing new-business opportunities, tougher competition and a growing need for entry-level staff.
it does not, however, help alleviate the catastrophic stall in growth dating back to the 1990s with the spread of the so-called 150-hour rule that has left the profession with a gaping hole in its succession and business continuity strategies. the profession, already facing a succession crisis due to the aging-out of the baby boomers, now finds itself with a dearth of 40- and 50-something senior managers and junior partners to take over management and control – a fact that a record supply of new graduates won’t correct for 10 or 20 years, if ever.
the good news for hiring: pipeline fills with huge supply of talent.
the report shows: read more →
hawaii last holdout in battle dating to the last century.
by rick telberg / exclusive to 卡塔尔世界杯常规比赛时间
it took 15 years, but cpas can now operate freely throughout the contiguous united states.
california gov. jerry brown has signed into law a bill allowing out-of-state-licensed cpas to work in the state without needing a california license. hawaii is now the last holdout. california’s law takes effect july 1, 2013. and the district of columbia’s law goes into effect today.
it is an historic milestone in a long political struggle fraught with frustrations and setbacks that began with fiery, divisive wars within the profession itself.
more for pro members only read more →
and two more cpa-related laws, too. via calcpa california gov. arnold schwarzenegger has signed into law legislation (sb 819) that requires all california cpas licensed after 2014 to have 150 hours of college education prior to licensing. by adopting the … continued
in the end, was it because of race? the california board of accountancy has reportedly voted to drop a controversial proposal to allow out-of-state accountants to practice without registering their qualifications with the state. did the proposal die because it … continued
u.s. department of labor | bureau of labor statistics | bulletin 2700
cpa agenda: critical issues and solutions for the profession. loretta doon (pictured), chief executive of the california cpa society (the nation’s biggest state society, by the way), is pushing hard for interstate mobility. but first california cpas must bring their … continued
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