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charts & graphs

accounting sector adds 2,000 new jobs

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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leadership

6 steps to improving accountability in your firm

steve erickson

start with planning and coaching.

by steve erickson
steve erickson llc

improving partner and staff accountability is essential in these economic times.

review notes and backward looking evaluations might well have some influence on future performance but do not have any impact on what has already taken place. there is a better way to get to get your partners and staff to take ownership and agree to be accountable.

here’s how you can immediately improve accountability and performance in your firm: read more →

outlook & analysis

6 ways youtube can jumpstart your marketing

 it doesn’t need to be complicated or expensive.

becky livingston
becky livingston

by becky livingston

social media is everywhere, much like the web site craze back in the mid 90s. so, what is a cpa to do about it? you don’t have time to monitor all the various social media sites available today. you aren’t tech savvy to know which ones are the easiest or best to work with. and, you may not have the marketing expertise to know which platform will keep your services current in the eyes of your clients.

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outlook & analysis

bookkeeping billing rates region-by-region

how does your state rate?

for the nationwide year-to-year trends, see the earlier 卡塔尔世界杯常规比赛时间 report, “bookkeeping rates show broad advances.”

new data from intuit’s biennial bookkeeping rates survey is showing huge disparities from region to region and city to suburb.

the highest rates, for instance, can be found for “general business consulting” in the east coast and atlantic states, at $138 per hour. read more →

mergers & acquisitions

super-sized: meet the new “cliftonlarsonallen”

the new map

deal creates new top 10 cpa firm; top 3 in wealth management.

clifton gunderson and larsonallen, each already among the top 20 largest firms in the u.s.,  are breaking into the top 10 with a merger. the new firm will be named cliftonlarsonallen as of jan. 2, 2012.

at that size, the new firm will vie with  bdo, cbiz and crowe horwath in billings.

at least five years of “crazier” to come.

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the need for leadership, succession pressures, and bench strength are driving today’s merger mania, says carl george, the legendary chief executive of clifton gunderson. but smart, agile firms can still compete effectively, he says. and this may be the type of economy to do it in.

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outlook & analysis

politics trumps common sense at fasb

john sharbaugh, ceo, texas society of cpas

faf rejects independent private-company rule-making panel: just “politics and turf?”

by john sharbaugh
texas society of cpas

a couple weeks ago, the financial accounting foundation issued a proposal to create a new private company standards improvement council responsible for determining whether exceptions to gaap should be allowed for private companies in appropriate situations. any recommendations from this new pcsic would have to be ratified by fasb before they would become effective.

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outlook & analysis

top tech habits of high-performing firms

click for free download

study by bay street group finds common attitudes and behaviors at high performing firms that serve as benchmarks for success.

accounting firms that successfully achieve their stated goals share common attitudes and behaviors toward technology adoption, according to a new study by bay street group llc, publisher of 卡塔尔世界杯常规比赛时间.

the study supports a strong relationship between high performance and a firm’s view of technology as a strategic asset, and uncovers significant gaps between high- and low- performing firms in key areas that can serve as a guide for success.

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busy season management

seven tech lessons for busy season

it’s the best time to learn the tough lessons to apply next year.

roman kepczyk

with busy season a frenzy, most professionals keep their heads down and their noses to the grindstone.

but if you’re in management, you can’t afford to waste the once-a-year opportunity to take notes on what’s working, what’s not and what to do about it before the next busy season.

with that in mind, roman h. kepczyk, cpa.citp, lists seven tech tends to watch:     read more →

outlook & analysis

the top ten things the aicpa wants you to know about ‘the future of the profession’

click to download

the forecast: challenging, but cheerful.

after a year-long project gathering comments from 75,000 of some 350,000 members, the aicpa has released a long-awaited study on the future of the profession.

the report, cpa horizons 2025, identifies “global and local trends and the steps cpas can take to plan for the challenges and leverage the opportunities the future will hold,” according to the aicpa.

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