pay

accounting hiring outpaces economy, hits new record

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the tax, accounting and bookkeeping services industry is cracking a new record high in persons employed full-time.

the nation’s economy as a whole added 115,000 new jobs in april pushing the unemployment down by one-tenth of one percentage point to 8.1%.

but employers in the tax, accounting, payroll, and bookkeeping industries added 2,000 new jobs last month, marking the ninth month in a row of growth for public practice, according to 卡塔尔世界杯常规比赛时间 analysis. read more →

the partner compensation checklist

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it’s a process.

by gary l. adamson
adamson advisory

there is a constant topic of conversation both inside firms and at almost every conference. it is the age-old question of partner compensation and “how do you do it”. as our firm grew, we evolved from everyone is equal, to the “slip of paper” approach, to a more goal driven, performance based system. every firm is a little bit different but the issues surrounding how you split the pie are pretty consistent.

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cpa firms lead accounting and bookkeeping sector in adding 3,100 jobs in december

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cpa firms account for 2 in 3 new jobs.

accounting and bookkeeping services, thru december 2011

the nation’s tax, accounting, payroll and bookkeeping businesses added 3,100 employees in december, bringing the industry’s total headcount to 943,100, according to the latest government data obtained by 卡塔尔世界杯常规比赛时间. read more →

will overtime lawsuits “reform” the big four?

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entry-level auditors at kpmg win class-action certification.

a new york federal court conditionally certified a national collective action lawsuit that alleges that kpmg llp violated the federal labor laws by denying thousands of entry-level audit employees overtime pay.

“denying associates overtime pay is a problem among all of the big four accounting firms, not just at kpmg,” says attorney justin m. swartz. “we hope that this case, as well as audit, advisory, and tax cases against deloitte, pricewaterhousecoopers, and ernst & young will reform the accounting industry.”

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accounting sector adds 2,000 new jobs

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even as cpa firms shrink by 1,100.

the nation’s accounting and bookkeeping sector accounted for 2,000 of the 80,000 new jobs created in october, according to new preliminary and seasonally-adjusted data from the u.s. labor department.

for the nation, the jobs gain pushed the unemployment rate down to 9.0% from 9.1%.

for the accounting and bookkeeping sector, october’s performance represents a third straight month of gains and a year-to-year gain of 60,800 jobs, bringing the industry’s payroll to 932,200 employees.

all employees, october 2011
all employees, october 2011

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