shape-shifting at jim cunningham’s warren averett

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
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.


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“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.

read more →

survey results: tax software satisfaction ratings

four software companies control more than 90 percent of the tax prep business. but which one has the biggest fans?

by 卡塔尔世界杯常规比赛时间 research

for a more in-depth report, we recommend the tax software report: comparative intelligence for data-driven decision-making.

with only four companies already controlling 90 percent of the professional tax preparation software market, the competition is intense. to be sure, some 9 in 10 accountants can be counted on to renew year after year, giving vendors barely single-digit year-over-year percentage increases in organic revenue growth.

but with the advent of the cloud, evolving client needs, workflow innovations, and an uncertain outlook for a major tax code overhaul, this year could present a singular set of choices for tax professionals – and fresh opportunities for vendors.

four companies dominate the cpa tax software market:

  1. thomson, with ultratax and gosystem;
  2. cch, with prosystem, axcess tax, and atx;
  3. intuit, with lacerte, proseries and turbotax; and
  4. drake

in the rest of this report, based on a survey by the aicpa of its members, we provide additional detail on:

  • tax prep software market share
    • — overall
    • — small firms
    • — mid-size firms
  • likes and dislikes
  • product switching
  • best for a new practice
  • training, technology, and support

read more →

world envies low u.s. tax rates on luxury real estate transfers

another reason global capital is finding a haven in u.s. assets.

by 卡塔尔世界杯常规比赛时间 research

the u.s. is the envy of the world in the low tax rate applied to real estate transactions, according to a new study by uhy, the global network of accounting firms.
“the united states has one of the lowest tax rates in our study,” says dennis petri of uhy advisors. “the low level of tax enables homeowners to move more freely from city to city and now, the u.s. is seen as having enviable labor market mobility.”

the study shows taxes on “prime” real estate transfers average 0.6 percent in the u.s., or $6,000, far lower than the global average of 3.3 percent ($33,038) for properties worth $1 million, according to the study.

read more →

cpe survey: why some cpas are focusing on accounting & financial reporting this year

https://www.research.net/r/cpe16
how to stay competitive: join the survey; get the results

increased monthly billings to augment once-a-year tax work.

how to stay competitive:
join the survey; get the results

by rick telberg
卡塔尔世界杯常规比赛时间

this year’s tax business is done; mostly, anyway. now it’s time to buckle down and do what cpas – and only cpas – are built for: accounting, financial reporting, compliance, auditing, attestations, and, of course, the host of consulting services that range from business valuation to internal controls.

more on trends in professional development: top cpe trends: how accountants are re-tooling  |  ohio cpa society teams with 卡塔尔世界杯常规比赛时间 to improve cpe roi

lepper
lepper

preliminary results from a survey being conducted by 卡塔尔世界杯常规比赛时间 in conjunction with the ohio society of cpas and consultant michael ramos show that about 42 percent of accountants are making accounting and financial reporting a top priority, second only to taxes, and almost twice the rate for two dozen other pursuits.

julie lepper at lepper & company llc, which works with a lot of agricultural professionals in greater pinckney, mich., says upcoming efforts will be in accounting, reporting, practice management, internal control, and tax matters. “these are areas of particular interest to the direction of our firm,” lepper says. “we want more monthly accounting clients, so we want to take classes related to that area that might give us some tricks and updates.  we are also want to help clients with process and internal controls.” read more →

in ‘accountaneur,’ 卡塔尔世界杯常规比赛时间 author explores what makes an entrepreneurial accountant

click for more
click for more

卡塔尔世界杯常规比赛时间 is pleased to announce the publication of accountaneur: the entrepreneurial accountantthe new handbook for accountants on seizing the future, by hitendra r. patil.

now available at: //www.g005e.com/shop/accountaneur/

gleaning lessons from neuroscience, technology, and behavioral economics, hitendra r. patil shows tax and accounting professionals what it takes to succeed in today’s dynamic competitive environment.

every accountant may possess comparable technical skills. but patil shows that success in today’s profession is driven by disruptive ideas in innovation, client service, and talent management. in more than 50 bite-size chapters drawn from the pages of www.g005e.com, the author takes practitioners step-by-step through the process of understanding today’s powerful trends, harnessing those forces, and forging new strategies to grow and profit today and into the future.

he goes to the soul of an entrepreneurial accountant, explaining, “the difference between an accountaneur® and an accountant lies in his or her traits, strengths, talents, skills, values and beliefs.”

“are you an accountaneur®? if you work for yourself or if you have created jobs for others in the tax and accounting profession, you are an entrepreneur, rather an accountaneur®. you are an accountaneur® if you chose not take up a job, but chose instead to create a business.” in short, accountaneur is a mind-expanding exploration of the boundless opportunities that lie ahead for the tax and accounting professional who is ready, willing, and able to imagine them. patil proves to be an excellent guide to the new world.

 about the author

hitendra r. patil explores how insights from behavioral economics apply to the tax and accounting profession. his findings have enriched lives and businesses of many professionals. patil, who holds advanced degrees in business and science, has lived nearly 25 years of his working life entirely in technology-driven businesses, mostly in the financial services industry. he has donned many hats – from clerical beginnings to c-level executive positions, climbing the corporate ladder; from doing to getting things done; from process task decisions to financial risk analysis; from operations to business development to marketing to sales to technology to human resources management. everything has contributed to a mind deeply trained on how to help people achieve their potential and transform their lives.

he has been working professionally with accountants and cpas for over a decade as the leader of a company producing work for accountants and tax professionals, day in, day out, giving him rare insight and perspective on the industry’s challenges and opportunities.