dustin hostetler, a lean six sigma consultant in heavy demand these days by cpa firms overhauling their workflows, foresees a “coming storm” in staff turnover. in short, he says, cpa firm employees are simply fed up with old, inefficient and ineffective ways of working.
nor should they.
by edward mendlowitz, cpa
partner, withumsmith+brown
time sheets are an essential part of any professional services organization. some people contend that they should not be maintained since they should not be the basis of any pricing – that fees should be solely based on the value to the client. i disagree.
the tax, accounting and bookkeeping services industry is cracking a new record high in persons employed full-time.
the nation’s economy as a whole added 115,000 new jobs in april pushing the unemployment down by one-tenth of one percentage point to 8.1%.
but employers in the tax, accounting, payroll, and bookkeeping industries added 2,000 new jobs last month, marking the ninth month in a row of growth for public practice, according to 卡塔尔世界杯常规比赛时间 analysis. read more →
packaging, pricing and naming high-value services has never been easier.
by l. gary boomer
boomer consulting
the cpa is the most trusted business advisor, yet many cpas continue to focus on transactional rather than advisory services. why?
old habits are often hard to break and change is difficult. transactional services have become commoditized and the hours required to produce them have been reduced or eliminated by technology. this is bad for the accountant that is focused on transaction work and good for the trusted advisor who is able to provide value at a higher level while leveraging the technology to complete the transaction at a low cost to the client.
good planning is key.
by august aquila
aquila global advisors
the following steps are proven aids in helping your merger or acquisition go smoothly:
1. define your reasons. before you start down the m&a path, you need to define how it will help the firm fulfill its strategic vision. it is never a good idea to acquire or merge a firm just for the sake of doing so. if a merger or acquisition does not further your strategic vision, it probably is best to walk away from the opportunity, because it really isn’t an opportunity.
…for the first time since last february, according to the latest data available to 卡塔尔世界杯常规比赛时间. total payroll hit 401,500 people in december, up from 397,500 the month before and…
cpa firms account for 2 in 3 new jobs.
the nation’s tax, accounting, payroll and bookkeeping businesses added 3,100 employees in december, bringing the industry’s total headcount to 943,100, according to the latest government data obtained by 卡塔尔世界杯常规比赛时间. read more →
strategy 2012: growth, profitability, succession
what are your critical challenges for 2012, and what can do you about them? a number of the profession’s leading lights have been sharing their thoughts with accounting today. here’s one:
tom bonadio
the bonadio group
the top issues facing our firm at this time are, maintaining growth, improving profitability and firm-wide succession planning. to meet those issues we’ve taken a number of strategic actions.
strong showings in payroll agencies, tax prep offices and cpa firms.
the accounting and bookkeeping sector added 2,000 net new jobs in november, extending to four months a string of gains, according to new government data.
learn a lesson from how the payroll market evolved.
by patrick bonnaure
www.proledge.com
twenty years ago, the vast majority of accounting firms provided payroll to their small business clients. then came payroll specialists like paychex and adp, and the rules of the game changed. nowadays, if your firm provides payroll, you’re the exception. bookkeeping is following the same trend, with a lag of a couple of decades. if your accounting firm is providing bookkeeping, it is time to look at it strategically and understand how it fits in the bigger picture.
after a conservative 3.2% price increase last year.
complete findings are published in the 卡塔尔世界杯常规比赛时间 practitioner’s tax season performance review and outlook report. (learn more here)
tax and accounting practitioners are again cautiously raising prices this year, prompted by years of little or no rate hikes and continuing step-ups in labor and technology costs, according to new 卡塔尔世界杯常规比赛时间 survey data.
becky klotz, the head of small local firm of tax consultants in oregon, says that, with an economy where “i don’t see much improvement in the near future,” her firm will be raising pricing, but “just a bit.”
on the other hand, wray rives at rives cpa in coppell, texas, is holding the line. “we believe we are priced at the right level for our market,” he says.
even as cpa firms shrink by 1,100.
the nation’s accounting and bookkeeping sector accounted for 2,000 of the 80,000 new jobs created in october, according to new preliminary and seasonally-adjusted data from the u.s. labor department.
for the nation, the jobs gain pushed the unemployment rate down to 9.0% from 9.1%.
for the accounting and bookkeeping sector, october’s performance represents a third straight month of gains and a year-to-year gain of 60,800 jobs, bringing the industry’s payroll to 932,200 employees.
index hits recessionary levels.
a leading gauge of confidence among finance and accounting professionals has hit its lowest level since early 2009.
but 61 percent are confident in the future of their current employer, up from 56 percent in the previous quarter.
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