the 卡塔尔世界杯常规比赛时间 overview of what accountants can expect regarding annual salary and bonuses at small cpa firms – and what small cpa firms can expect to budget.
by 卡塔尔世界杯常规比赛时间 research
a combination of a talent shortage and the general economic environment could push payroll budgets up by as much as 16.9% in 2025 at small cpa firms, according to 卡塔尔世界杯常规比赛时间 research. but partners and owners could make even more.
agents of transformation, the time is now.
by donny c. shimamoto, cpa, citp, cgma
center for accounting transformation
every day, i see or hear criticisms of the accounting profession: everyone is burning out, the partners are only in it to get rich, everyone is leaving the profession, and students don’t want to be accountants anymore. it wrenches my heart to hear this because i love my work. i’ve had a wonderful career that lets me help others succeed, and the broader accounting profession has opened up opportunities that i would never have dreamed possible. is accounting really on the decline? ask the pundits, and you get a resounding “yes!”
more: harper & co. cpas: the perspective of a non-accountant is imperative | menlo innovations: improve office culture by overhauling internal reviews | dustin wheeler: for serious cas success, hire tech teams | chase birky: overcoming paralysis by analysis |
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yet, reading simon sinek’s book, the infinite game, shed some light on what the profession is doing wrong—the current leaders of the profession are playing a finite game. one of the key concepts that sinek explains in his book is that of an existential flex. he described an existential flex as something that “recreates that passion for something new at a time when the company is already enjoying success.” this is where the accounting profession is now. we’ve enjoyed decades of success, and accounting firm partners and cfos have been enjoying the riches of that success, but our profession has lost the connection to our just cause.
eleven questions to help clients explain what they need.
by august j. aquila
price it right: how to value accounting services
there are two keys to developing new business. first, find out what your clients and prospects want and need. second, be able to get in front of them.
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most accountants and consultants are quite good when they can get in front of them. the problem is creating opportunities to get face to face with clients and prospects. let’s talk about two methods of solving that problem: training and workshops.
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five strategies for keeping your firm out of it.
by 卡塔尔世界杯常规比赛时间 research
is your firm in a doom spiral?
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here’s what it looks like:
by martin bissett
choose your client personas wisely.
by jody padar
radical pricing – by the radical cpa
one drawback of the hourly pricing model is its one-size-fits-all nature. every client is charged the same rates per hour, with the only difference being the number of hours each uses.
but the world isn’t made up of identical people working in identical businesses and driving identical cars to and from their identical homes. thank goodness!
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clients are as different as you or me, but we can group them into buckets called personas based on shared values or traits. in a client-centric firm, it helps to understand these basic personas so you can more efficiently meet each client’s needs. you probably have a handful of personas in your firm right now. you just haven’t seen them as a grouping because, in your bill-by-the-hour model, it doesn’t matter who they are.
quick tech talk
with steve yoss
cpe today
the cloud is probably one of the most meaningful technologies to have been invented and deployed. the easy, free exchange of information has never been better than it is today. cloud computing gives financial professionals the ability to make the world their workplace. you can do a bank reconciliation while standing in line waiting to check out at the grocery store. you could send a client invoice while on a road trip with your family; although you should probably be enjoying their company. the point is that you’re no longer limited to having to be in one physical geographic space.
if the system is online or on the internet, if the data is available, you can work anywhere. and that gives you the ability to have clients in any part of the world. it allows you to hire and have staff anywhere in the world. it allows you to grow your business in ways our forefathers could never have seen possible. it’s crazy to think just a couple of years ago, the only employment opportunities you might have had were within an hour’s drive of your home. now you can work anywhere, and anywhere can work for you.
hint: undercharging might be to blame.
by martin bissett
business development on a budget
there’s an overall sameness to the majority of accounting firm websites, and typically they make a lot of promises – promises like
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you’ve seen all those, haven’t you? are these or similar promises on your website?
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and it’s about time the profession took action.
by 卡塔尔世界杯常规比赛时间 research
it’s been with us from the beginning. we can measure it but we can’t see it. it’s our friend and our enemy. it’s infinite, yet we never have enough of it.
and it may be the big leak in the cpa pipeline.
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yes, it’s time.
so concludes the illinois cpa society’s 2024 “re-decoding the decline” survey and report on why the pipeline of incoming accounting talent has been going from dribble to drip.
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extracting lithium from oil and gas activities could ease the shift from greenhouse gas-producing fossil fuels.
by rick richardson
technology this week
lithium is a component of electric automobiles, laptops, cell phones and even nuclear fusion reactors. as such, it is rapidly emerging as the most significant element of the future.
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however, there are significant financial and environmental expenses associated with lithium extraction, so it’s exciting that a recent study shows that pyrite, sometimes known as fool’s gold, may be a viable supply of the metal.
four areas ripe for change.
by 卡塔尔世界杯常规比赛时间 research
five ugly facts your firm may need to deal with:
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five notions you can help correct.
by 卡塔尔世界杯常规比赛时间 research
the national pipeline advisory group is worried about the pre-professional pipeline that takes in students at one end and, years later, pumps cpas to a business world that desperately needs them.
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and there’s plenty of reason to worry. the number of students majoring in accountancy is in steady decline, dropping from 75,153 diplomas in 2018 to 62,318 in 2022.
the number of candidates for the cpa exam is also dropping. it dipped 6 percent in 2023 after a 7 percent dip the year before.
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