to see this week’s research update, click here.
in this week’s edition of research update, the top trends are all about staffing, with two items: (1) the re-emergence of staffing shortages as a challenge to accounting firm growth; and (2) the new eagerness detected among accounting staffers to jump to a new job.
either way, it spells new challenges for cpa firms.
but the top news item of the week is the release of the aicpa’s financial reporting framework for small- and medium-sized entities. some may still recall the 40-year-old campaign for differential accounting standards as “big gaap, little gaap.” it’s news. but is it a trend? we hope it doesn’t take another 40 years to find out.
– rick telberg
president / ceo
one response to “in this week’s research update: discerning between trends and news”
hitendra patil
great insight rick, once again! it is indeed difficult to make sense of information in bits and pieces and it needs someone like you to connect the dots to derive intelligence.
the very force by which technology is perceived to automate things in accounting is perhaps driving the fresh accounting grads to other jobs – as they may be perceiving their entry level careers to be mundane. unless they get enough experience, they may not get challenging assignments either. and there are many new choices for today’s grads!