partner ages ticking back down?

for the last dozen or so years, the number of partners over age 50 has steadily climbed upward. the past two years, however, there was a slight decrease in the percentage of partners over the age of 50 because of the retirement of many partners over the age of 60 (even 70!) and firms bringing in new partners in their 40s. take a look at the findings in the new rosenberg survey and see what else is changing for partners. learn more here.

the myth of the staff shortage

new graduates hired by us cpa firms 1971-2016
new graduates hired by u.s. cpa firms, 1971-2016. (aicpa)

 

demand for new hires softens as college talent pipeline sets record.

by rick telberg
卡塔尔世界杯常规比赛时间

the next generation of accountants in the collegiate pipeline set a record last year and remains at that level this year, even as firms appear to be backing off on expanding headcounts with new graduates, according to new research.

more in staffing & recruiting: marketing is not just for partners anymore  |   a simple way to dissolve the generational gap | accounting profession shows steady growth | growing and developing future leaders is a two-way street |   how accountingfly is revolutionizing the way cpas are hired | the 7 experiences millennials want from your firm | the culture of continuous improvement |   the 12 reasons your staff hates your firm | what commitment means now | how good is your network?

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

read more →

what’s the profession going to do with 79,000 new accounting graduates?

college degrees awarded in accounting, 1971-2016
college degrees awarded in accounting, 1971-2016. (aicpa)

is the end in sight for the talent shortage?

by rick telberg
卡塔尔世界杯常规比赛时间

new signs are emerging that the profession may be approaching a long-awaited inflection point: productivity gains from new technologies are finally showing up in reductions in hiring plans. that’s good news for some; not so much for others.

more in staffing & recruiting: marketing is not just for partners anymore  |   a simple way to dissolve the generational gap | accounting profession shows steady growth | growing and developing future leaders is a two-way street |   how accountingfly is revolutionizing the way cpas are hired | the 7 experiences millennials want from your firm | the culture of continuous improvement |   the 12 reasons your staff hates your firm | what commitment means now | how good is your network?

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

are we on the verge of a cpa glut? are we going to see lines of unemployed accountants at the entrance of industrial parks holding signs that say, “will do tax prep for food”?

 

read more →

cyber sleuths muscle accountants aside in forensic investigations

chart of desirable skills
source: acfe

teams want more cyber-security experts than accountants.

by 卡塔尔世界杯常规比赛时间 research

fraud investigation teams are currently seeking or expecting to add people with skills in digital forensics and cybersecurity, according to a new benchmarking survey from the association of certified fraud examiners.

more: focus on cyber risk, not just security   |  you’re not tech-savvy if you’re not cyber-safe, too  |  survey: cybersecurity grows in importance  |  do you belong in cybersecurity?  |  why cpas need to worry about cyber crime (especially in tax season)  |  hackers using hotel wifi to spy, steal data

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

interviewing tops the list of desirable skills, followed by litigation support, data analytics and social media snooping. forensic accounting comes in fifth. read more →

卡塔尔世界杯常规比赛时间 salutes our expert authors honored by cpa practice advisor

rampe, johnson, hostetler cited.

cpa practice advisor’s 40 under 40 awards this year include several 卡塔尔世界杯常规比赛时间 expert authors, including:

  • kristen rampe, cpa – founder, kristen rampe consulting.  more here
  • kacee johnson, mba –  founder/ceo, blue ocean principles. more here
  • dustin hostetler –shareholder, chief innovation officer, lean six sigma master black belt, boomer consulting, inc.  more here

the annual program recognizes professionals who are “visibly and incrementally changing the accounting profession.”

auditors: the world needs you in the fight against terrorism

what the profession needs to know about money laundering. 

by wm. dennis huber and larry crumbley

there are difficulties in measuring funds channeled into financing terrorist organizations and activities worldwide. various sources estimate this funding to be between $590 billion and $1.5 trillion through money laundering. pwc suggests that “money laundering transactions are estimated at 2% to 5% global gdp, or roughly $1-2 trillion annually.”

however, financing terrorist organizations and activities is not necessarily the result of money laundering. financing terrorist organizations and activities may be accomplished by reverse money laundering, or “money dirtying” which may make financing terrorist organizations and activities even more difficult to estimate.

just as evidence of fraud cannot be ignored, so too evidence of financing terrorist organizations can no longer be ignored.

the goal of money-launderers is, like that of a corporate enterprise, to maximize profits and reduce risk while the goal of terrorists, on the other hand, is to further a political agenda or ideology, or to destroy or kill with no regard to profits and with little regard for risk. read more →

true diversity: the next frontier for the accounting industry

jennifer scott sum innovation hr
scott

understanding the business case in the tax & accounting workplace.

by jennifer scott
sum innovation

workplace diversity may best be described as the blend of individual and organizational characteristics, values, beliefs, experiences, and behaviors — all coming together to achieve a company’s vision.

catch sum innovation founder and ceo mathew heggem discussing “the art of hr” with jason blumer and greg kyte in a thriveal podcast here.

vision is an important concept for small businesses. there are multiple definitions of the word: the sense of sight, a thought or perception, an apparition, even an amazingly beautiful image. but in a business context, a vision is a future-focused statement about what an organization intends to become.

read more →

how savvy cpas use benchmarking to make smarter business decisions

green "opportunity" highway sign with sunrise backgroundbenchmarks for firms large and small provide roadmaps for strategic success.

by rick telberg
accounting firm operations and technology survey

every day in the united states, more than half of all accounting firm owners are thinking about a merger, an acquisition or both. m&a is now as routine to the day-to-day operations of running a tax and accounting practice as turning on the lights in the morning and taking out the garbage at night.

more from afots: keep pace first, change will come (like it or not) | you’re not tech-savvy if you’re not cyber-safe, too | lions and tigers and blockchain and bots, oh my!
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

fortunately, a new survey provides a one-of-a-kind roadmap for growth-minded professionals seeking the hard-boiled data essential to making smarter strategic decisions. with thousands of key metrics for firms of every size, you can compare your firm against similar firms. better yet: you can compare where your firm is today, to where it will be tomorrow.
read more →

survey: staffing problems dominate cpa firms

more problems: tax complexity, seasonality, and succession.

via aicpa

finding and retaining staff are the top issues facing cpa firms this year, and talent pool challenges are expected to have the biggest impact on public accounting practice operations over the next five years, too, according to new aicpa research.

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cpas put the brakes on price increases

non-cpa tax and accounting firms hit the gas pedal.

long-term view: pricing index at cpa firms (index = 100, 2003)

 

which pricing strategy works best today?
join the survey. get the answers.

 

by rick telberg
卡塔尔世界杯常规比赛时间 research

under pressure by an increasingly competitive and uncertain business environment, cpa firms are pressing the brakes on new price increases, according to new data obtained by 卡塔尔世界杯常规比赛时间

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