let interns fix the staffing shortage?

source: iia

critical demand for data analytics, cybersecurity, and artificial intelligence skills.

by 卡塔尔世界杯常规比赛时间 research

internships could play a pivotal role in addressing the talent needs of the profession, according to a new study.

more in talent & career development: talent crisis? what talent crisis? | why would anyone become a cpa? | five questions about facing challenges | it’s time to prepare the next generation | fifteen strategies for first-time supervisors | measure knowledge gaps (then close them)

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with 74 percent of internships designed to lead to permanent employment, these programs are not just supplemental but foundational to preparing students for professional roles.

still, only 28 percent of college programs make internships integral to the curriculum. read more →

accountants’ advice: be careful, quick, creative … and lean

businessman giving advice to female coworker

survey respondents look beyond tax season.

by 卡塔尔世界杯常规比赛时间 research

just about every small business has an accountant, and smart business owners tap their accountant not just for tax prep but for general business advice.

and smart accountants offer smart advice. because what’s good for the client is good for the accountant.

more: seven steps to a stronger future | accountants bullish locally, bearish nationally | firms culling clients as staffing woes persist | are accountants charging too little? | revenue growth is top priority for small firms | is the cpa business model the clog in the pipeline? | accountants cozy up to clients with cas
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the 卡塔尔世界杯常规比赛时间 2024 busy season barometer has harvested quite a bit of smart advice with an open-ended question about the best advice for small businesses.

responses bounced all over the business ballpark, but a lot of them warned of change and economic turbulence.
read more →

seven steps to a stronger future

six people in business clothing lined up at start of athletic track

fees and business lines of course, but what about an operations person?

by 卡塔尔世界杯常规比赛时间 research

the aicpa’s national management of an accounting practice (map) survey took a good look at a lot of data – revenues and profits, staff turnover and professional salaries, services and fees.

more: accountants bullish locally, bearish nationally | top performers lead in leverage, culling, outsourcing | revenue up at 59% of accounting firms … and more good news | chatgpt for the reluctant accountant | survey shows challenges, priorities shifting | accountants torn over 2024 economy, offer advice | survey: are you offering the right services?
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and then, toward the end, it says, “but all the data in the universe won’t do you any good if you don’t do something with it.”

it then calls on cpa firms to evolve if they want to survive and thrive through seismic shifts in technology and marketing.
read more →

accountants bullish locally, bearish nationally

one-quarter of accountants see trouble ahead for the source of their bread and butter.

by 卡塔尔世界杯常规比赛时间 research

the trendlines 2024 busy season barometer is unearthing a perplexing paradox.

it seems that most cpas think their firm and their clients will do better this year – or at least no worse than last year, which itself was a pretty good year.

more: top performers lead in leverage, culling, outsourcing | auditing standards ‘yellow book’ updated | compensation’s up, but up enough to retain staff? | cpas needed to help small biz adopt ai | survey shows that tech remains the great divide | will unclogging the accounting pro pipeline kill mobility? | accountants bullish on income | survey: which niche’s the best niche?
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at the same time, they tend to see things getting worse for the national economy and small businesses in general.

what’s going on?
read more →

top performers lead in leverage, culling, outsourcing

two hands on keyboard, two hands doing other work with calculator

the causative difference? look at the amount of work delegated downward.

by 卡塔尔世界杯常规比赛时间 research

the aicpa’s 2023 national management of an accounting practice (map) survey has detected some of what distinguishes firms that stand out as top performers.

the survey defines top performers as the top 25 percent of firms based on net remaining per partner.

more: business booming, but not as much as last year | busy season barometer offers clues for better business | end tax season meetings with clients … seriously | ftc nails turbotax for ‘free filing’ scam | can’t irs online accounts be more useful? | taxpayer assistance centers: a good idea that should be better | tax pros are expanding and earning more
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more, more, more

what makes a cpa firm a top performer? in a nutshell, more:

  • more leverage of partner expertise
  • more culling of clients
  • more cpas in the firm

read more →