tax pros offer advice for small businesses
specific tips from your colleagues.
by 卡塔尔世界杯常规比赛时间 research
outlook
the big eight: harsh realities for firms today
sorry. this page is no longer available. more from domenick j. esposito: the coming battle below the big four | seizing the $10 trillion opportunity | learning to ‘run with the big dogs’ | the cpa success formula: ties that bind | 8 steps to … continued
accountants see economy improving… but mainly for themselves
not so much for their clients. and they’re negative on the u.s.
by rick telberg
卡塔尔世界杯常规比赛时间
if anyone has their finger on the pulse of the american economy, it’s america’s cpas. they’re out there in the trenches of economic activity. they know what’s happening in their nook of the nation. they feel the optimism or pessimism of their clients, the people who make the economy work.
more on tax season for pro members: tax season 2016: turning i.d. theft from a problem into an opportunity | accountants speak out on politics and the economy | lessons learned from a bad busy season | 3 ways to save time during busy season | most tax professionals call 2016 busy season much improved over last year | stress less this tax season | is tax season the new fraud season? | 5 tax season motivation tips | recognize your tax season resources | tax season 2016: irs in crisis | eliminate tax season excuses | record pre-season hiring surge: ready for biggest tax season ever? | 16 qualities of a good tax season client
and tax season is when cpas and tax preparers receive an influx of information on how their clients are doing. some of that information pops up in the 卡塔尔世界杯常规比赛时间 2016 busy season survey. and the news is good… well, pretty good. well, mostly. read more →
the five treacherous factors hobbling today’s cpa firm
crumbling firm infrastructures, succession, the economy, staffing shortages, and shake-outs.
by 卡塔尔世界杯常规比赛时间
annual map survey
the new rosenberg map survey reveals a few significant things about the state of the accounting business—that growth and profit-per-partner are growing at a negligible rate and that intangible people issues are becoming painfully tangible, for example. but some more subtle truths emerge in the gimlet-eyed observations of those who advise cpa firms.
more on the 2016 outlook & forecast: cpa firm growth rates hit a wall | the five treacherous factors hobbling today’s cpa firm | sam allred: change agents needed | tamera loerzl on growth, succession plans critical for firms | allan koltin on talent wars go from white gloves to boxing gloves | get the full report: the rosenberg map survey
these truths are not self-evident. but with a little analysis, five trends emerge vividly – trends impacting cpa firms large, small, and middling. so it’s worth having a look:
soloists lag multi-owner firms in economic confidence
multi-partner firms show bullish signs. soloists turn bearish on the u.s. economy.
卡塔尔世界杯常规比赛时间 research
cpas aren’t economists, but they do know numbers, and they have their fingers on the pulse of the flow of money in their local areas. they know how their own businesses and their clients’ businesses are doing, and they have at least an inkling of the causes. remembering 2014 and living through the 2015 busy season, they are well placed to prognosticate on financial flows over the next 12 months.
卡塔尔世界杯常规比赛时间 survey research detects a certain optimism, but it seems to be a bit more cautious among solo practitioners. read more →
2014 roundtable: re-recruiting top talent without regard to ‘parity’
what to do when your best rainmakers are at the front of the retirement line.
see the complete 2014 roundtable
by sam allred
upstream academy
analysis
leaders of firms are optimistic as they begin to see the firm dials move in positive directions.
in most markets, there are positive signs that the recession is beginning to lift: clients making more money, clients asking for more projects/services and a pipeline fuller than this time last year.
on the people side, the exodus has once again started. most firms have reported they have lost key partner-track people to industry jobs in the past six months. bd is a top-drawer issue with all firms.
the stark realization that the firm’s best rainmakers are at the front of the retirement line has caused firms to get very serious about developing future rainmakers. more and more firms are taking a team approach to landing significant new clients and engagements. many firms are getting better with the partner goal process and they are excited about the results that come from doing it right. read more →
2014 roundtable: no shortcuts to sustainable growth
firms come to understand success must be organized and leader-driven.
see the complete 2014 roundtable
by gale crosley
crosley co.
analysis
firms are realizing that growth is a more sophisticated game, and we are never going back to the “hang out your shingle” days. succession issues are playing a major part in motivating firms to take a hard look at how they are going to grapple with sustainable growth.
when the business world was somewhat predictable, growth could be counted on. but there are too many complexities today to count on the past as a predictor of the future. globalization, social media, innovation, regulation, competition — these are just some of the dynamics at play. the way business was generated by our seasoned partners will be quite different from our future leaders. this awareness is becoming more acute as sluggish economic conditions continue. read more →
2014 roundtable: talent shortage makes overhiring worth the risks
as one generation ages out, a new one reshapes the future of the profession.
see the complete 2014 roundtable
by stephen weinstein
analysis
we’re experiencing a hiring shortfall — the supply of people to hire has dried up quickly. the reprieve in the recruiting market from 2008 to 2013 is over! read more →
2014 roundtable: firms that ‘get’ women stand to win the talent wars
on new leaders, staffing, ex-partners, and four new predictions.
by rita keller
ritakeller.com
analysis
women — the area of retaining and promoting females in public accounting continues to be a big challenge for many firms.
i like to compare it to life, in general. men always have been and continue to be puzzled by women. in the business world, there have been many great books written to help women better fit into the game of business. the much talked about book “lean in” by sheryl sandberg (coo of facebook) is an example. the biggest challenge in public accounting is getting women and men to read such books. read more →
2014 roundtable: re-thinking the staffing model
as one generation ages out, a new one reshapes the future of the profession.
see the complete 2014 roundtable
by tim michel
michel consulting group
analysis
firm growth has improved overall from the last several years and firms are increasing profitability again. but firms are dealing with several major issues, some brought about from the recession, and some brought about from their internal circumstances.
the recession caused many firms to cut back on staffing and hiring. their partners and managers recorded more charge hours as they felt they needed to be more productive and often did not have the staff to delegate to.
in the last year, many firms are flnding they do not have the staffing model they need to continue to grow. it seems every firm is looking for that three- to five-year person, especially in the tax area. read more →
2014 roundtable: the shape of things to come
leading analysts on what to expect and how to plan for the new year…
2014 roundtable: tax season tech boom
buying opportunity: firms trailing the tech curve will need to merge out – cheap.
see the complete 2014 roundtable
by roman kepczyk
xcentric
analysis
firms are getting optimistic again and gearing up for slow steady growth. we are seeing investments in many specific technologies (workflow, cloud, remote access, security, byod) and projects targeted for handling this growth.
outlook
i think cautionary investments will be the rule and we can expect to see major activity coming out of busy season for both investments in firm technology and processes, particularly cloud applications that are more secure, available from any internet-enabled device and less expensive. read more →
2014 roundtable: partners already checked out
passion. succession. growth.
see the complete 2014 roundtable
by august aquila
creating the effective partnership
analysis
the biggest issues that i am seeing revolve around partner engagement (commitment), succession issues and growth. the economy has been pretty much in a no-growth environment the last 12 months.
markets are becoming saturated by the national and super-regional firms. many secondary markets now have five or more of these players going after the same clients. the result is that this competition drives down fees and we are training clients to constantly go out for bids.
outlook
i personally don’t see a lot of change in the economy in the near future. succession, growth, commitment will continue to be major issues for a lot of small to mid-size firms.