hiring

why firms merge: hint, it’s not for the clients

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survey shows few firms will be left untouched today’s m&a tsunami.

by 卡塔尔世界杯常规比赛时间 research

roughly 7 in 10 accountants have been through a merger.
been through a merger yet? roughly 7 in 10 accountants have, and the signs point to even more m&a activity.

the world of accounting firm mergers is churning, and whether you’re in the market for a deal or not, the frenzy will affect your practice.

a third of accountants see a very active or extremely active m&a market in the works, and more than half say the trend is accelerating, according to the new 卡塔尔世界杯常规比赛时间 mergers & acquisitions survey, conducted in conjunction with capstone marketing.

the survey, which delves into the attitudes and behaviors of the m&a phenomenon like no other study, is yielding a raft of surprising findings.
join the survey. get the results.

your competition and client market are going to shift around, with smaller firms disappearing, then popping up inside bigger firms, and clients dragged here and there, some of them looking for new cpas. and if you’re scouting for talent, it could get hard to rope them in.

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hiring trends: accounting hits 4.2% expansion rate

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payroll services, women continue to do well.

get more from the “talent, career, and growth strategies: job satisfaction and hiring trends tracking poll:” join the survey. get the results.

by beth bellor

slow but steady growth is the trend for most of the accounting profession, according to the latest research from 卡塔尔世界杯常规比赛时间.

more on jobs: hiring trends flash warning signs of slowdown in tax & accounting | charts: tax & accounting among biggest jobs creators in u.s.
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in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current 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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hiring trends flash warning signs of slowdown in tax & accounting

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cpa firm staffing and wage growth signal weakness.

by beth bellor

not only are several sectors in the tax and accounting industry charting new records in employee numbers, but wages often are up as well, according to new 卡塔尔世界杯常规比赛时间 research.

more on jobs: charts: tax & accounting among biggest jobs creators in u.s.
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but key indexes are flashing signs of a decelerating expansion, possibly augering a slowdown, or even cutbacks, in the months to come.

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

  • current 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

read more →

the job interview: a make or break proposition

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two businesswomen sitting at table and talking in office courtyard5 criteria to meet when hiring.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

over the past several years, there has been significant job growth and a large part has been attributed to the private sector, which includes professional services firms, businesses, hospitality, education, and health.

despite what appears to be robust employment with new opportunities across a broad swath, companies on the hunt for talent are still facing the challenge of finding the perfect candidate.

more: the power of ‘real influence’ | smart trust in the workplace | what aspiring accountants need to know | improve job satisfaction or it’ll cost your firm | we hear but do we really listen?
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companies are using third parties to assist them in their quest to get the “right fit” because their goal is to build solid teams. the team approach ensures that there is consistency in attitude and performance within and between departments. this is not to suggest the goal of creating automatons or cultivating groupthink.

however, a recruiter considers not only whether the individual is competent but also if he or she will be compatible with the other players.
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the #1 problem: staffing, staffing, staffing

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client

smallest firms plagued most by growing tax complexity. 

via aicpa

staff recruitment remains the top issue for most cpa firms, while growing tax complexity and risk management regarding privacy and data security are rising challenges, new research by the aicpa shows.

today’s best talent, career, and growth strategies
join the survey: get the answers.

“finding qualified staff” is the no. 1 issue for every firm-size segment except sole practitioners, according to the 2019 pcps cpa firm top issues survey, matching the topline results from the last survey two years ago.

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what happens when you don’t push work down

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pile of documents on desk stack up high waiting to be managed.“stop defaulting to asking every talented person you have to work more hours doing stuff other people can and should be doing.”

by tommye barie
the succession insitute

as we said in our previous column, why you must constantly push work down, we are talking about how firms will need to alter their thinking regarding outsourcing, administrative support and the administrative time of partners and managers. we discuss how the lack of delegation impedes competency development, why partners working more hours end up creating a weaker bench, and more.

outsourcing

in this case, we are talking about outsourcing offshore. for many years, firms turned away from this idea because of the fact that they need to inform their clients that the services they provide were not 100 percent made in america. and most of our firms would say something like, “our clients won’t tolerate us shipping their data overseas” or “our clients will leave us if we outsource some of our work to india or china.” both of those statements continue to be proven wrong every day.
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why you must constantly push work down

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woman in business attire with papers flying around behind her backnew staff won’t work the hours you did. forget that notion right now.

by bill reeb and dominic cingoranelli

as we work with firms throughout north america, one of the most constant, critical issues we find is that of staffing gaps. those gaps are manifested in shortfalls of billable hours, as well as shortages of people, and a lack of critical competencies of people – all at various levels throughout the firm.

more on performance management: when the inmates are running the asylum | the two most common management styles | different roles for different partners | how big ‘books’ hurt firms | developing a three-year vision [video] | more merger questions than you imagined | mps: how to elect them … and fire them | partners as role models: the good, bad & ugly
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in these situations, we tend to find that often the partners, and sometimes the managers, are billing too many hours. meanwhile many staff, especially at the lowest levels within the firm, consistently are missing their billable hour targets.
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some uncommon advice on hiring full-time staff

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your best bet is to be on the lookout all the time.

by frank stitely
the relentless cpa

finding full-time staff is a different beast altogether. avoid recruiters. most of their candidates are looking for jobs for good reasons. nearly all of a recruiter’s candidates’ resumes will have the following job histories:

more: managing people: the heart of effective project management | tammy’s tale of tax season tardiness | beware the leeches and consultants | the value-pricing con job | the 21st-century cpa firm | ruthlessly efficient workflow management | the annual tax meeting is dead. clients killed it.
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job 1: 1.5 years (this company sucked.)

job 2: 6 months (this company sucked worse.)

job 3: 2 years (fine company but they wouldn’t pay me $150,000 per year for billing $80,000 per year.)
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charts: tax & accounting among biggest jobs creators in u.s.

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also: who’s hiring, who’s not among client business sectors.

by 卡塔尔世界杯常规比赛时间 research

the tax and accounting industry is adding jobs at the rate of 37,000 per year, according to the latest data available, making the profession one of the fastest growing sectors of the u.s. economy.

at the top of the jobs ranking are individual and family services, computer systems design and related services, amusements, gambling, and recreation, home health care services, and warehousing and storage.

meanwhile, if you have clients in apparel, printing and related support activities, commercial banking, department stores, electronics and appliance stores, telecommunications, sporting goods, hobby, book, and music stores, the outlook is not so rosy — they’re all trimming payrolls.

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the staffer who was too smart

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businessman writing on paperwhy i fired him.

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

one time i got a client who was on the verge of going out of business and he asked if there was anything we could do to stop it from happening.

more: why a break-even analysis matters | becoming an expert in irs collections | high cpa fees should be a client’s goal | how hidden bias taints results | when to keep some plans to yourself
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after my usual tour of looking around, i sent in a staff person to get some numbers for me. i didn’t want the numbers in the financial statements, but the numbers that would show me how the business was really doing, what the trends were, how much business he did with his top five or 10 clients and vendors, the largest-selling items, his pricing methods, who his higher-paid employees were and maybe whether there was hidden value in the business. my staff guy was told what to do, that he had three days, and this was a very high priority.
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hiring surge powered by growth in payroll agencies

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join the survey; get the results

tax & accounting industry adds 40,500 new jobs to hit new record.

卡塔尔世界杯常规比赛时间 jobs report
who’s hiring, who’s not, and why?
who quitting for a new job & when?
join the survey; get the results

by beth bellor

payroll is proving to a bright spot and women are making some impressive gains in our look at employment in the accounting profession. the latest 卡塔尔世界杯常规比赛时间 jobs report also finds that tax preparation services employment spiked in march, even when seasonally adjusted.

more on jobs: tax shops bulk up for big busy season | jobs report: 43,000 new hires | tax shops cut 6,200 jobs | tax shops cut staff by 10% | benefits, perks, and incentives: the happy-packs of employee satisfaction | salary survey: top skills getting top pay

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 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

typically, one respondent tells the 卡塔尔世界杯常规比赛时间 jobs report said she’s “not actively looking” for a new job, “but maybe i could be persuaded.” the reason: “not comfortable with direction firm is taking.”

read more →