why staff leave cpa firms… and how to keep them
the 14 top reasons they depart, plus insights from young employees.
by marc rosenberg
cpa firm staff: managing your #1 asset
the following data is from recent rosenberg surveys.
the 14 top reasons they depart, plus insights from young employees.
by marc rosenberg
cpa firm staff: managing your #1 asset
the following data is from recent rosenberg surveys.
…fees) to $724,260 for firms with more than $20m in fees. fee growth projections: firms expected fee growth of around 8.5% to 9.7% in 2024. staffing and outsourcing staff turnover:…
…our firm.” allan: yeah. spot on. jean: okay. so, tell me your thoughts about new firms being formed from experienced staff or managers because they don’t wanna be part of…
…accuracy and reliability. “think of ai as a first-year staff member,” shimamoto explains. “it’s learning, and it needs oversight. accountants will be the ones to provide that oversight, ensuring that…
keep the right kpis and the right clients, and you’ll keep the right staff.
by alan anderson, cpa
transforming audit for the future
audit in the future will be much different than in the past. it’s going to require different skill sets. in the future, we need to teach more thinking and interpretive skills. the ticking and tying can be automated, but we’ll need people to interpret the anomalies that the bots and automation tools kick out. they’ll need to develop a deeper understanding of the industry, the client, and general business sense to discern whether an anomaly is just a mistake or a sign of something more profound.
as the owner of a business myself, i understand the need to ensure there is enough cash coming in to keep the lights on and everyone paid. but sometimes, firms take on work just to keep people busy all year round. a prime example of this is ebp audits, which seem quick and easy but have their own risk factors. doing only one or two a year can be especially risky for your firm.
can you articulate your firm’s employee value proposition?
by marc rosenberg in collaboration with jeremy wortman, ph.d., owner of hrd initiatives
cpa firm staff: managing your #1 asset
“executives spend more time on managing people and making people decisions than on anything else – and they should. no other decisions are so long-lasting in their consequences or so difficult to unmake. and yet, by and large, executives make poor promotion and staffing decisions. at most, one-third of such decisions turn out right, one-third are minimally effective and a third are outright failures. in no other area of management would we put up with such miserable performance.” – peter drucker
what is talent management?
talent management is an umbrella term for how firms acquire talent, engage people in their firms, develop their skills and retain them. among many things, it addresses
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…having staff that can state the uniform culture. as i said above, if you don’t know, ask. in fact, you should be regularly engaged with your team, whether it’s a…