the ongoing survey on professional development strategies, conducted in conjunction with the ohio society of cpas and consultant michael ramos, is asking in what areas accountants plan to beef up their capabilities this year. the survey touches on two dozen aspects of practice management and skill development. among them, the not-for-profit niche is emerging as the hottest specialty niche, followed by personal financial planning and business valuation.
as might be expected, preliminary results are showing most efforts to be in the standard professional missions: accounting, financial statements, audits, and tax preparation. the survey is also asking about specific specialty skills. the results may be indicating the true scope of today’s—and tomorrow’s—accounting industry. every skill mentioned was being pursued by at least quite a few respondents. read more →
when your biggest competitors aren’t always cpa firms, you need to re-define who you are.
jim cunningham, chief executive officer of warren averett cpas
by 卡塔尔世界杯常规比赛时间 staff
success for accounting firms may depend on their recruitment of non-cpas to handle some specialized business advisory services, according to jim cunningham, chief executive officer of warren averett cpas and advisors, the nation’s 27th largest accounting firm.
“we should want our clients to truly value us, which means choosing us for discretionary services as things arise, rather than just turning to us for something that needs to get done,” says cunningham.
also: expanding on the notion of ‘most trusted advisor.’
by 卡塔尔世界杯常规比赛时间 staff
while hiring top talent is a key concern for chris allegretti, chief executive officer of hbk cpas & consultants in canfield, ohio, he’s even more concerned with his firm’s ability to retain its best people.
“of course our job is to recruit the best, but we ‘re also finding that we have to constantly ‘re-recruit’ them by investing in their futures and making our firm the place where they’ll want to stay,” he says. read more →
there’s a whole lot of shake-up going on in the biggest new niche in the accounting business. it’s the cannabiz—the legal planting, harvesting, processing and selling of that federally illegal substance, cannabis, whether for medicinal or recreation purposes.
this month, oregon becomes the fourth state to legalize possession of marijuana for recreational purposes. recreational use is also legal in alaska, colorado and washington, and several other states allow its use for various medicinal purposes.
but that doesn’t mean it’s legal. according to the u.s. department of justice, it’s still a schedule i controlled substance. and while the irs doesn’t bust people for possession or use, it does require special accounting and tax treatment.
providing a client with tax services can be hard work. things get especially difficult when an accountant becomes the bearer of bad news. it’s never easy informing a client that they owe unexpected or, what the client believes to be, unreasonable taxes. imagine a situation where you had to tell a client that their effective tax rate is 70%, 90%, or even exceeds 100%.
i expect some may be reading this and asking themselves, “what tax hell would require a taxpayer to pay an effective rate exceeding 100%?” i am here to inform you that this does exist, and in the marijuana industry it is known as section 280e.
accountants at a crossroads in serving clients in an emerging industry.
by justin p. breidenbach ohio wesleyan university
being a cpa and academic, it’s not unusual to answer unique questions related to accounting. whether they’re questions about taxes, financial statements, internal controls, or just understanding operational efficiencies, people are usually trying to understand the various paths to success through the numbers — or they’re looking for a secret nugget of information that will keep more cash in their pocket.
inquiries like that are all in a day’s work for an accountant. i’ve discovered that there are few surprises, and eventually the promise of a new and exciting question fades away. although i constantly tell people how accounting is more than just debits and credits, i feel like we all have times where monotony sneaks its way into our professional life.
that all changed for me two years ago, when i got a question that not only surprised me, but wasn’t easily answered without some extensive research.
after 50 years of practice in international trade and finance, cuba accountants welcome u.s. ties.
by 卡塔尔世界杯常规比赛时间
havana, cuba – the united states is ending its 55-year trade embargo on cuba. an embassy has been opened in havana, and cuba is opening its doors to american business.
the blockade isn’t down yet, but it is being dismantled as fast as washington politics allows. it isn’t too soon to start looking for opportunities for international growth just 90 miles off the coast of the united states.
lidya gonzález
among the opportunities for both american and cuban accountants are:
american and cuban cpa firms serving cuban-american enterprises and ventures.
americans wishing to learn more about business in cuba.
cubans wishing to learn more about american accountancy and business
american companies wishing to open branches, subsidiaries, and other entities in cuba
other non-accounting services that accountants often offer, from it to payroll to valuation
do not underestimate the professional capacity of cuban accountants.
marijuana: sort of legal, very challenging. by 卡塔尔世界杯常规比赛时间 cannabizcpa.pro denver cpa jim marty had been practicing for decades as an independent, but that all changed thanks to the legalization of marijuana in colorado. today he runs a nationwide network … continued
for a couple of years now, guske & co. pllc, has been venturing into a vast new niche in the great northwest where the people are nice, easy-going entrepreneurs with a pioneering spirit and a willingness to learn, follow rules, and take risks. his niche — the booming cannabis biz. booming to the tune of 250 new clients in two years, an annual growth rate of 80 percent.
exclusively for pro members. log in here or 2022世界杯足球排名 today.
exclusively for pro members. log in here or 2022世界杯足球排名 today.
more from the corner office: lou grassi focuses on recruiting, retention at namesake n.y. firm | richard berkowitz drives berkowitz pollack brant to ‘warp speed’ | randy myeroff at cohen & co.: winning the youth movement | rick dreher innovates wipfli for clients, younger workers | how blain heckaman drives value at kaufman rossin | weisermazars mp blake charts u.s. expansion | frank longobardi: cohnreznick’s battle for top talent | the robo-cpa: jim sikich prepares for disruptive technologies | exclusively for pro members. log in here or 2022世界杯足球排名 today.
7 main areas, with specific tips for each.
after 50 years of practice in international trade and finance, cuba accountants welcome u.s. ties.