ge outsources tax department to pwc

big four firm finds new growth in acquiring clients’ tax and accounting departments.

by 卡塔尔世界杯常规比赛时间 research

ge is hiving off its tax group to pwc to become pwc’s new global enterprise tax solutions team. their first client: ge.

pwc calls the move “an innovative agreement with ge to provide integrated, enterprise managed tax services to ge on a global basis.” as part of the deal, pwc is hiring more than 600 of ge’s tax team members from around the world and acquiring ge’s tax technologies to bolster both pwc’s focus on the “tax function of the future” and to provide global enterprise tax solutions to clients. it may be a sign of things to come. read more →

thought leader symposium invites 卡塔尔世界杯常规比赛时间 ceo

卡塔尔世界杯常规比赛时间’ founder and ceo rick telberg is joining some of the most respected and influential leaders in the accounting profession in indianapolis for this year’s thought leader symposium hosted by cpa practice advisor.

the annual event gathers 30 thought leaders together to discuss emerging trends, technologies and workflow practices that will influence the profession, professionals, and clients in the years to come.

“this exclusive event provides a unique opportunity for key members of the accounting profession who are taking the reins and moving the profession forward to share ideas and insights, consider changes and trends in the profession, and discover new and innovative ways in which they can work together to education and improve the profession as a whole,” said gail perry, editor-in-chief of cpa practice advisor and facilitator of the event. read more →

immigrants: surging market for tax & accounting services

percentage of u.s. self-employed born abroad reaches 19.5 percent. source: us sba

newcomers drive the nation’s solopreneur sector.

by rick telberg
卡塔尔世界杯常规比赛时间

nothing says american like entrepreneurship. no nation offers such fertile soil for the seeds of business. and small businesses are the underlying energy of the american economy. fed by inspiration, elbow grease, and gumption, they account for a disproportionate amount of the nation’s jobs, mobility, and innovation. when small businesses thrive, everybody thrives.

three new reports on entrepreneurship from the u.s. small business administration offer insights that may be of interest to cpa practices. each report looks at one of three groups that are in the news every day: millennials, seniors, and immigrants.

it may surprise many that the educated, tech-savvy millennials are increasingly less likely to start their own businesses.

read more →

survey: accountants’ best advice for president trump

budaj

‘don’t screw this up.’

by rick telberg
卡塔尔世界杯常规比赛时间

suppose you could have president donald trump’s ear for just five minutes—just the two of you in the oval office, and him eager to hear and heed your advice…

what would you tell him?

floridian deborah budaj says, “i would discuss the timeline and plans for removing the burden of obamacare from businesses, and also from individual healthcare plans.”

martin j. rooney would like to see some assistance for the hoi poloi: “we need to find meaningful work for the non-college educated people.  it may require some form of government subsidy and hence taxes may need to rise, but without work, the forgotten people have no hope. they are not participating in the u.s. dream.”

rooney

related:  why accountants voted the way they did  |  accountants see better business outlook following presidential election

on the off-chance that he might call in a cpa for some pragmatic and unbiased counsel, 卡塔尔世界杯常规比赛时间 asked just such a question in our survey on the presidential election of 2016. as it turns out, cpas are prepared for their summons to the oval office. they have opinions. they know what needs to be done. they aren’t necessarily in agreement, but if duty calls, over 1,000 卡塔尔世界杯常规比赛时间 members are prepared to proffer presidential pointers.

there is, of course, no shortage of snide advice.

read more →

accountantsworld hires hitendra patil as director of practice development

accountantsworld-logo卡塔尔世界杯常规比赛时间 contributor and author.

by 卡塔尔世界杯常规比赛时间

accountantsworld, a leader in cloud-based solutions for accountants, announces today the appointment of hitendra r. patil as director of practice development, responsible for helping accountants more fully leverage accountantsworld’s solutions and for advancing the company’s cloud technologies.

hitendra has served the accounting profession for over 12 years and the technology-enabled financial services industry for 25 years in numerous capacities across multiple countries. prior to accountantsworld, he worked as the chief operating officer of pransform, inc., a processing solutions provider for small- to medium-sized accounting, cpa and tax firms in the u.s. before joining pransform, hitendra was the assistant vice president of global financial services at viteos technologies. he’s also the author of the critically acclaimed book, “accountaneur: the entrepreneurial accountant,” devoted to helping accountants become more entrepreneurial in their quest for robust and profitable growth.

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accounting firms expand at 5% rate

cpatrendlines jobs report tiltbut why is hiring up and wages down?

by 卡塔尔世界杯常规比赛时间

accounting employment in most sectors once again hit new highs, according to new 卡塔尔世界杯常规比赛时间 research.

gains over 5 percent were seen year over year in overall staff employment; cpa staff employment; women overall, at cpa firms and in payroll; payroll overall and staff numbers; and payroll staff hours. unfortunately, that last group saw their earnings swing down even more.

the 卡塔尔世界杯常规比赛时间 monthly jobs report has been following a decline in wages and a simultaneous increase in headcounts, which may signal a new dynamic at play in the industry. robert fligel, president and ceo of rf resources, the leading new york cpa firm m&a broker and executive recruiter, suggests several factors may be the cause. “i think firm are hiring more lower level people, like more new college grads; more home-grown talent; and the effect of outsourcing.”

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

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

the trump effect: accountants see better business conditions

changes to the affordable care act are envisioned.

picture2

by rick telberg
卡塔尔世界杯常规比赛时间 research

in the first days following donald trump’s presidential election victory, tax and accounting practitioners surveyed say the results have lifted their confidence in the business outlook.

curiously, accountants appear distinctly more confident in their own futures than in the nation’s outlook as a whole.

more post-election analysis:   why accountants voted the way they did

some 56 percent say they are “somewhat” or “much” more confident in the 18-month outlook for their own firms. even more, about 60 percent, say the election results could be good for their clients and customers. about 59 percent see brighter prospects for themselves and their own families. and 56 percent are feeling better about the nation’s economy as a whole.

to be sure, however, your outlook may depend on who you voted for. trump voters are decidedly more upbeat about the future than hillary clinton voters.

read more →

survey: new leaders promoting positive changes

three happy businesspeople looking at laptoppeople issues still among top challenges.

by sam allred, upstream academy
the rosenberg map survey

2015 was another good year for the profession.

more from the survey: cybersecurity grows in importance | mergers spur growth | accounting profession demands swift change | don’t just win work, figure out why | talent wars, m&a frenzy continue | next-gen leaders getting restless | mergers keep racing forward  | do you have a firm or a co-op? | accountability, equity, compensation are concerns | map survey top 10 findings | cpa firm revenues rise a hefty 8%
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

most firms across north america performed well and were pleased with their results. most firms saw good organic growth – largely coming in non-traditional areas. more and more firms are investing significantly in growing their consulting practices – look for this to be a continuing trend.
read more →

presidential post-election survey: why accountants voted the way they did

z_-election-chart-trump-v-clinton-concerns-v2how accountants voted and why.

by rick telberg
卡塔尔世界杯常规比赛时间 research

the 卡塔尔世界杯常规比赛时间 post-election survey shows accountants split by different issues. trump accountants tend to be most concerned about terrorism while clinton accountants are more focused on global warming.

more survey results:  accountants assess business outlook following presidential election

part of the spread might be explained by gender. just as the accounting profession tends to be owned and operated by more men than women, 67.7 percent of 卡塔尔世界杯常规比赛时间 respondents were men – and roughly the same ratio of votes for trump over clinton. the demographics of the tax and accounting profession’s practice owners and leaders — the core of the 卡塔尔世界杯常规比赛时间 community — tend to match voting patterns beyond the profession. in that, accountants vote more like, well, voters, than accountants.

read more →

survey results: most accountants see better business outlook following presidential election

election_ballot_box_map_circtrump voters more positive. clinton voters, not so much.

the accountants’ business outlook
join the survey. get the answers

by rick telberg
卡塔尔世界杯常规比赛时间 research

tax and accounting professionals appear to be breathing a sigh of relief following the u.s. presidential election, with most saying their confidence in the business outlook for their firms and their clients has been strengthened, according to a new 卡塔尔世界杯常规比赛时间 survey of more than 700 accountants.

but their economic mood also seems to depend on their political mood.

more than 80 percent of the accountants who voted for republican donald trump feel “more confident” about the business outlook for their firms and their clients. less than 5 percent of democrat hillary clinton voters agree. instead, more than 60% of clinton voters feel “less confident.”

nearly a third of hillary backers—31 percent—are optimistic enough to foresee no change in the business outlook. only 14 percent of trump people were pessimistic enough to expect no change.

read more →

new research: cpa firms hiring more, paying less

cpatrendlines jobs report tiltoverall headcounts expand as average wages decline.

by 卡塔尔世界杯常规比赛时间 research

the accounting profession is on a roll, at least where employment is concerned. record highs are being set for all sectors except bookkeeping, which tied may’s mark, and tax preparation, which has fallen for two months.

meanwhile, women continue to make strong gains, with year-over-year increases ranging from 6.8 to a staggering 23.8 percent. and payroll continues the same path it’s been on for months: more employees, who work longer and make less.

the rise in demand for labor while prices decline would seem to defy the laws of supply and demand.

one or more of several factors may be at play. labor supply may be suddenly expanding as new workers enter the market from the sidelines. or, cpa firms may be throttling wages in order to increase partner incomes, a key factor in potentially lubricating the m&a frenzy as partners age out. or, it could mean firms are replacing high-wage workers with new technologies and pushing more work down the pyramid, raising partner-to-staff leverage — a trend detected in other research studies. in any case, it’s a phenomonon 卡塔尔世界杯常规比赛时间 is investigating.

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

professional and business services remain one of the bright spots in u.s. employment, which rose by 161,000 in october. the sector rose 43,000 during the month and has added 542,000 jobs over the course of the year. unemployment overall was little changed at 4.9 percent.

read more →