2019: how partner greed kills firms

partners must take a hit to personal incomes to re-invest in their firms. or face obsolescence and slow death.

by rick telberg
the rosenberg national map study 

so far, profitability is way up. at the large firms (those with at least $20-million in annual billings), income per partner averages $635,000. the highest earners are pocketing about $1.2 million. even the lowest-paid partners average of $282,000. but how long can that go on?

more from the map survey: 2019: more focused training | 2019: expect more alliances | 2019 trends: client service changes | 2019: shifts in hiring & office space | 2019: firms grapple with change | staff policies improve, but not mentoring
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the always insightful and provocative allan koltin, of koltin consulting, warns: partners must invest in something besides themselves – if they want their firms to survive.
read more →

outsourcing the c-suite

businesswoman using laptop and tablet at deskis “flexible leadership” right for your firm?

by steven e. sacks

one of the revelations arising from the great recession was that companies could find they could do more with less human resources or at least maintain the same level of productivity.

more: we hear but do we really listen? | the holy grail: finding the right talent | getting the accounting firm agreement right | today’s workplace challenge: communicating across generations, cultures, and diversity
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.so, while the bureau of labor and statistics cites the current unemployment rate at 3.9 percent, the actual number is higher when the underemployed or those whose unemployment ran out are taken into consideration.

we now have what is referred to as the gig economy, in which important functions can be outsourced while companies can still focus on core competencies that impact growth and profitability.
read more →

2019: tech isn’t the problem. it’s the solution

dobek
dobek

sarah dobek foresees new leaders, new services, new clients.

by rick telberg
the rosenberg survey: national study of cpa firm statistics

it may seem too obvious to bother mentioning, but the accounting industry, from audit firms to tax prep to corporate finance, is in the process of transition. but too many managers think that just means technological transition.

more from the map survey: 2019: more focused training | 2019: expect more alliances | 2019 trends: client service changes | 2019: shifts in hiring & office space | 2019: firms grapple with change | staff policies improve, but not mentoring
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

technology may be behind a lot of the transition, but technology itself is not the transition. it’s the enabler of transition.

sarah dobek, president and founder of inovautus consulting, has identified numerous interwoven transitions in process, some already peaked and passing, others coming down the pike.

read more →

we hear but do we really listen?

smiling businessmen listening to young female during interview6 people not to be.

by steven e. sacks

do you ever find yourself speaking to someone and notice that they are battling you and their iphone? a quick glance here, a one- or two-word text response there.

more: the holy grail: finding the right talent | battling staff turnover | confronting leadership: not such a bad thing | the damocles sword of staff retention | does your board know its role? | can we please refer to accounting as a profession?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

unfortunately, it is the new normal – whether in business or in our personal lives. those of us who encountered different forms of technology tools and platforms during the second half of our careers still believe that effective interpersonal communication still counts for something. of course, in this era of uncivil discourse, speaking over one another has, too, become the new normal.
read more →

jobs report: 43,000 new hires

hourly pay averages $33.53, up 4%.

by beth bellor
卡塔尔世界杯常规比赛时间

as 2019 dawns, the most stunning trends in hiring in the tax and accounting industry is in payroll services, which shows year-over-year increases of 7 percent or more in overall employment, according to an exclusive 卡塔尔世界杯常规比赛时间 analysis. meanwhile, tax prep continues its slow slide.

more on jobs: 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 | growth slowdown: tax & accounting hiring rates hit headwinds | steady gains in hiring at accounting firms | accounting wages set new record
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 reports:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

tax shops cut 6,200 jobs

signs of a hiring slowdown? payroll agencies trim hours.

by beth bellor
卡塔尔世界杯常规比赛时间

are the heady days of hiring spikes over? maybe, but the accounting profession still scores far more positives than negatives, according to a new 卡塔尔世界杯常规比赛时间 analysis.

more on jobs: tax shops cut staff by 10% | benefits, perks, and incentives: the happy-packs of employee satisfaction | steady gains in hiring at accounting firms | tax prep services slash 10,000 jobs as busy season begins | tax & accounting wages up 4% | accounting profession shows steady growth | accounting profession growing, but slowly
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

new records are being set in overall staff, in payroll staff, and in bookkeeping. tax preparation services, meanwhile, continue to shed employees. and payroll agencies are cutting back on hours worked.

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.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

battling staff turnover

back view of a businessman holding a briefcase and walking forward on white backgroundhow to see it coming and what to do about it.

while the consideration of succession planning has taken up a lot of airtime in recent years, there is something even more important to consider and that is how to attract and retain talent.

more: today’s workplace challenge: communicating across generations, cultures, and diversity | the damocles sword of staff retention | how enthusiastic is your staff? | can you recite your mission statement? | your firm’s biggest assets walk out the door every day
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

questions most often asked by a cpa firm managing partner or a ceo when someone leaves: read more →

tax shops cut staff by 10%

is this any way to prepare for tax season 2019?

by beth bellor
卡塔尔世界杯常规比赛时间

accounting remains part of the general upturn in professional and business services employment, according to the latest data from 卡塔尔世界杯常规比赛时间 research. payroll remains a bright spot, especially for women, while tax prep grows ever gloomier.

more on jobs: benefits, perks, and incentives: the happy-packs of employee satisfaction | salary survey: top skills getting top pay | accounting wages set new record | all staffed up? new tax prep hiring stalls on eve of busy season
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

 

chart of overall profession employment
^ overall profession employment

 

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.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

growth slowdown: tax & accounting hiring rates hit headwinds

women leaving payroll agencies in huge numbers.

by beth bellor
卡塔尔世界杯常规比赛时间

growth in the tax & accounting sector continues, but at a snail’s pace, with figures like 0.3 percent dotting the plus side.

more on jobs: steady gains in hiring at accounting firms | accounting wages set new recordall staffed up? new tax prep hiring stalls on eve of busy season | the myth of the staff shortage | wages up, headcounts down at tax & accounting firms
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.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

snapstat: cpa exam rankings from utah to baruch

silhouette of graduates throwing caps into airnew stats on the cpa exam.

there must be something special in the water accounting students drink in utah and in new york. or so, some new statistics might suggest.

performance metrics indicate 95,654 candidates took the exam in 2017, of which 71,199 were new candidates, with 25,834 candidates passing their fourth section of the test.

in a new report,  the national association of state boards of accountancy reveals the jurisdictions with the highest pass rates and the universities with the most candidates sitting for a first-time section.

read more →

misconceptions and truths about remote work

“our team communicates face to face with one another as well as with our clients all day.”

by jody grunden
building the virtual cfo firm in the cloud

my partner and i run a fully distributed cpa firm. yes, you read it correctly.

summit cpa group is a cpa firm with over 40 full-time professionals, mostly cpas, with the mission statement, “changing the way people think about accounting.”

more grunden: how summit cpa group is pioneering virtual cfo services

as i mentioned, the firm is 100 percent distributed, meaning that our team works entirely from home. moreover, our team works 100 percent virtually with our clients. the two primary services that we offer are 401k audits and virtual cfo services.

i recently asked a few members of our team, “what do people say when you tell them that you work for a remote or distributed accounting firm?” their responses were very interesting. read more →