the managing partner’s secret weapon

businessman holding up magnifying glassthe right people in the right positions will help you stay out of the weeds.

by marc rosenberg
the role of the managing partner

 

to be a great managing partner, you need a great team – a team that keeps you focused and out of the weeds.

the managing partner position is a big job. the high-level ceo of a complex, growing, highly profitable organization such as a cpa firm must be able to focus on the most important parts of the job, none of which is easy.

more: how to enforce the partner agreement | how long should it take to make partner? | the managing partner’s role in mergers | five ways to evaluate partners | manage partners with goal setting | overarching authority that managing partners must have | herding cats: advice for managing partners
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let’s drill down for a moment on the word “focus.” it means:

  • having the time to do the job properly. for this to happen, managing partners must avoid (a) having too many client responsibilities, which would preclude them from making the firm their #1 client most of the time and (b) spending time on matters that can be delegated to others, such as the coo/firm administrator and department/team leaders.

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coaching the right way

dom cingoranelli joins steven sacks and judy trepeck.

click to play video

with steven sacks
the new fundamentals: thriving in disruption

with an increasing number of accounting firms embracing employee coaching, it’s becoming clear that many just aren’t doing it right, practice management advisor dom cingoranelli tells steven sacks and judy trepeck in an exclusive new 卡塔尔世界杯常规比赛时间 discussion.

more: nancy fox: winning the mind game of success | gary cokins: the truth about activity-based costing | when cyber-crime hits close to home | james lopiccolo: sell service, not hoursthe cpa’s best role: leveraging knowledge, not just process | five common negotiating mistakes | courtesy still matters | bigger firm, bigger thinking | 5 steps to better time management | swot’s the purpose? | is your firm’s culture a magnet or a repellent?

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“there are more and more firms who are really taking seriously their investment in their people,” says cingoranelli, emeritus founder, senior consultant at succession institute llc. “they understand that for the long term they need to develop their intellectual capital. and they realize that it’s not going to happen by itself.”

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women lag men in accounting jobs recovery

new records set in hourly earnings.

by beth bellor

across the tax and accounting industry, almost all the jobs relinquished by men in the coronavirus layoffs have been regained by men. the jobs given up by women, on the other hand, are still largely vacant.

more on jobs: comeback stalls as layoffs hit 1,500 in accounting | tax & accounting regains 3,800 jobs | accounting jobs recovery slows | tax & accounting firms rehire two-thirds of pre-covid workforce | tax & accounting firms rehire two-thirds of pre-covid workforce
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overall, the tax, accounting, tax prep, payroll, and bookkeeping sectors employed 1.02 million full-time equivalents in march 2020, before 70,000 layoffs hit in april. so far, the industry has re-filled all but 17,600 positions.

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don’t fire that staffer on may 18!

midsection of businessman moving out with cardboard box from officefour reasons not to let people go after tax season.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i am planning on letting go of some staff after tax season and will hire replacements at a higher level. any suggestions?

more: what to do with a lousy client? | stop drowning in client documents | make more money starting now | the wrong way to look for staff | strategic planning for the small firm | before you sell your practice | work the client needs … but won’t pay for
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answer: 1) your implication is that you will hire replacements at a higher level.
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why your firm’s core values matter

two partners celebrating business success outsideyou have to know your culture to know whether potential hires will fit.

by jody grunden
building the virtual cfo firm in the cloud

a company’s core values are the cornerstone of its culture, and people are the biggest asset a company can have.

more: when value billing eliminates guesswork | make tech your ally in protecting clients | not all employees want the same perks | what running a virtual cpa firm really costs | give your leadership team time to lead | hate billing? use a different method
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defining your core values and hiring the right people is essential for the success of your business.
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steven braunstein: new covid strategies for staff recruiting and retention

snyder cohn revamps staffing tactics for work-from-home conditions.

^ click to play video | > get the podcast version and follow 卡塔尔世界杯常规比赛时间 here

with richard rothstein

steven braunstein, managing partner of snyder cohn in north bethesda, md., talks about the impact of covid on staff recruiting and retention — including virtual “lunch with steve” sessions.

more: how covid rewrites the rules for recruiting | irs has recruiting problems, too | 12 signs it’s time to outsource |

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^ download and follow the podcast on itunes here.

but how do you nurture a firm culture without face-to-face live, in-person in-office meetups? that’s what braunstein is figuring out.

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comeback stalls as layoffs hit 1,500 in accounting

cpa firms cut average staff pay.

“the tax season from hell?”
join the survey. get the results

by beth bellor
卡塔尔世界杯常规比赛时间 research

the accounting profession sector by sector generally looks slightly brighter, with most reporting headcount growth for the month – but losses for the year.

exceptions include the profession overall, which is taking a 0.2 percent dip, tax preparation services up for the year 3.3 percent, and bookkeeping, up 1 percent.

more on jobs: tax & accounting regains 3,800 jobs | accounting jobs recovery slows | tax & accounting firms rehire two-thirds of pre-covid workforce | tax & accounting firms rehire two-thirds of pre-covid workforce | new job cuts at cpa firms | covid job toll: tax & accounting cuts 17,500 employees | firms recall half of furloughed staffers
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current and long-term hiring trends in each of the bookkeeping, payroll, tax, and cpa segments of the industry (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

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josh fisher: battling for staffers

you’re competing with the world these days.

click to play

with richard rothstein

in this interview, richard rothstein, founder of rothstein consulting, speaks with josh fisher of district partners, about what recruiting looks like for accounting firms in 2021, and how covid has affected things. read more →

how and when to leverage ziprecruiter, indeed, and social media

the digital toolset for hiring at a small accounting firm.

^ click to play

with richard rothstein

accounting firms need to use every tool available to maintain a fresh supply of top-notch talent, according to manny cosme, president of cfo services group, in this 卡塔尔世界杯常规比赛时间 interview with richard rothstein.

more: learning how to hire amid covid  | how covid rewrites the rules for recruiting | steven braunstein: new covid strategies for staff recruiting and retention | irs has recruiting problems, too | 12 signs it’s time to outsource | how aging boomers impact the accounting profession | why remote workers need retreats | 44 key attributes for assessing staffers | coaching the right way | 20 best practices for staff training and retention | the art and science of hiring: three essentials for the covid age | uncover potential in 10 interview questions | why your firm needs to attract more millenials | why small firms can win the talent wars | the one big reason your hiring sucks | five ways to improve operating margin during covid | getting and keeping the best people | be a talent magnet | who’ll quit next? | why you must constantly push work down |

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cosme makes some great points about working for a small nimble firm like cfo services group and the challenges of retaining great talent in the face of competition from bigger firms for high-quality talent. read more →

team expectations: a checklist for busy season

what do you think your staff knows about tax season? check again.

by kristen rampe

busy season is here. are you ready? is your team ready?

you might feel your team “should know” your expectations, but that’s not always the case.

more rampe: pandemic lesson: innovate faster | tax season savvy: five ways to stay sane | why host a partner retreat? | survey results: effective stay interviews for cpa firms | the 16 biggest #fails in delegation | survey: work-life balance: according to whom? | new survey results: two ways your strategic plan can reduce turnover |

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

a client of ours once assumed a five-year staff they hired from a top 10 regional firm would know tax professionals work on saturdays from february – april. she chose not to show up for any of them in february.

while the managing partner stewed over this behavior, we realized three key factors were in play:

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20 good ways to boost tax season production

people in office releasing balloonspeople like fun … but that’s not all they value.

by ed mendlowitz
call me before you do anything: the art of accounting

i have always loved accounting and tax season, but i have worked with many people who did not.

more: how to recoup staff training costs | granting unconventional request pays off | 20 best practices for staff training and retention | what does the client want to see? | 6 ways to increase your fees … if you dare | the clients who got away
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they resented many of the working conditions and had a closed-in feeling that heightened their dislike of my great profession. i resolved that when i had my own practice i would not create that type of atmosphere.
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