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outlook & analysis

beyond money alone: how college accounting students choose their first job

par differentiators students consider in accepting job offersey and ut austin top professors poll.

in considering job offers from competing accounting firms, the most highly sought-after students weigh three criteria equally, and it doesn’t much matter whether the offer is for big money or whether it’s from a big four firm anymore, according to a leading survey of several hundred college accounting professors.

students today consider compensation and benefits, “work/life balance and a family-friendly environment” and a desirable geographic location each about equally, according to the 33rd annual professors survey for 2014 by public accounting report.

the difference is barely discernible, par reports. on a scale of 0 through 10, with 10 being the most important, professors marginally differentiated between the three in order of importance. they rated compensation and benefits an average of 8.10, quality of life/family-friendly environment 8.09 and desirable geographic location 7.99. read more →

pay & compensation

accounting salaries to rise 3.5%

rhpublicaccountingsalarychart2top trends: flexible staffing, retention challenges.

accounting and finance professionals can expect starting salaries to rise an average of 3.5 percent in the coming year, according to a study from a leading staffing services company.

creative and marketing professionals are on the same pace, while information technology workers lead the work force gains at an anticipated 5.7 percent overall increase. overall, u.s. starting salaries for professional occupations are projected to increase an average of 3.8 percent next year. read more →

outlook & analysis

benchmarking ‘elite’ cpa firms against the ‘mainstream’

the rosenberg map survey: national study of cpa firm statistics original the leading national compendium of cpa firm practice management benchmarks.
national map survey of cpa firm statistics

looking inside firms with income per partner over $500,000.

by 卡塔尔世界杯常规比赛时间
rosenberg map survey

if you’re a firm with two or more partners wondering just how well your business compares to the cpa profession’s “elite” firms, you should be looking for a 5.2% revenue gain this year, according to the new rosenberg survey. and your revenue growth last year should have been at least 7.4%, excluding any changes that resulted from mergers.

the survey, based on activity at firms across the country with annual fees ranging from less than $2 million to more than $20 million, defines “elite” as the firms with income per partner of more than $500,000. by comparison, the average income per partner for the profession’s “mainstream” firms is $345,177.

the report provides comparisons for benchmarks including billing rates, partner-to-staff ratios, hours billed annually, staff turnover rates, men-to-women ratios, partner ages, client services and partner compensation.

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outlook & analysis

tax and accounting industry on hiring binge

profession adds 1,400 new jobs in latest month.
next question: who’s hiring; who’s not. join the survey; get the answers.

by 卡塔尔世界杯常规比赛时间

jennifer dizon
dizon

with practitioners across the country reporting strong demand for new hires, the nation’s tax, accounting and bookkeeping industries added 1,400 new jobs last month, with some sectors marking new highs for 2014 and approaching the pre-crash peak six years ago.

jennifer dizon, an audit and advisory partner at hood & strong’s san jose, calif., office, tells 卡塔尔世界杯常规比赛时间 her firm is looking to hire.

“we need more staff to service business growth,” says dizon, who is also the newly elected state chapter president of the national association of women business owners.

terri ryman
ryman

in elkhart, kan., enrolled agent terri ryman at southwest tax & accounting says the office is “getting busier.” she “can’t keep up.”

in northridge, calif., gene wechsler at wechsler accountancy reports a similar trend. “the firm continues to grow at the rate of 1 to 2 new clients per week.”

needs vary though. “we need an additional tax preparer and accountant for small business monthly work,” says one of the owners of a seven-person firm in prescott, ariz., which is “currently advertising for an accountant/tax preparer.”

marc hutchinson
hutchinson

in bellevue, wash., managing partner marc hutchinson at the six-cpa bashey, hutchinson, & walter reports, “we need experienced accountants, and ones that can take over the firm’s clients over the next 10 years.”

in this study, 卡塔尔世界杯常规比赛时间 reports on:

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

the 卡塔尔世界杯常规比赛时间 careers and hiring outlook
join the survey; get the results.

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client service opportunities

survey finds small business bullish on 2015

51% plan new hiring now and into next year.

for 2015, 81 percent percent of small businesses forecast a revenue increase, with 21 percent expecting to grow more than 100 percent, according to a new xero survey.

the study also shows that employing an accountant pays off. smbs (small and medium-size businesses) that use an accountant with online accounting software enjoyed a 16 percent increase in revenue over businesses that use online accounting software without an accountant. and using more accountants equals more revenue, says the study released by a cloud accounting software maker. read more →

management

survey results: cpa firms accelerate growth

the national map survey of cpa firm statistics -- the rosenberg survey
click for full report

the 2014 national map survey shows widening divide between large and small firms.

exclusive to 卡塔尔世界杯常规比赛时间
the national map survey of cpa firm statistics

marking the third consecutive year of quickening expansion since the recession, cpa firms are posting 6.7% revenue growth, according to the latest results from the national map survey of cpa firm statistics reported here exclusively by 卡塔尔世界杯常规比赛时间.

screen shot 2014-09-26 at 2.04.17 pm

“the national map survey of cpa firm statistics: the rosenberg survey” is well known and well respected within the national cpa industry, due to its solid reputation for accuracy, thoroughness and high participation rate. exactly 75% of the firms in this year’s survey participated in 2013. this allows for more accurate year-to-year data comparisons. all of these characteristics, plus the highly sought-after executive summary, make “the rosenberg survey” a must-read for any entrepreneurial-minded cpa firm. the survey captures data from participating firms of all revenue ranges, from solo practitioners to those with over $20 million in net fees. read more →

outlook & analysis

new survey results: accountants face stiff client resistance to cloud accounting apps

cloud adoption likelihood
likelihood of adopting cloud accounting

smbs say cloud accounting is the last thing they want.

accountants are encountering extraordinary difficulties in getting their small- and mid-size business clients to adopt cloud computing, according to new research findings made available first to 卡塔尔世界杯常规比赛时间.

accounting is the last operation small business wants to update. everything else comes first, according to software advice, austin, texas-based accounting technology reviews company.

key findings:

  1. over half of respondents express moderate to high levels of confidence in cloud-based accounting solutions, with 32 percent indicating “moderate” confidence.
  2. with 5 percent already using cloud accounting, only 16 percent more are likely to move ahead anytime soon.
  3. the top concern with cloud-based accounting, cited by 46 percent of small business owners, is security. cost and training were other key concerns. read more →
management

100 cpa firms named “best firms to work for”

congratulations to the winners of the accounting today program.

the annual survey and awards program, which accounting today conducts in partnership with best companies group, is designed to identify, recognize and honor the best employers in the accounting profession, benefiting its economy, workforce and businesses.

they are: read more →

outlook & analysis

the pros and cons of hiring entry-level staff

ed mendlowitz
ed mendlowitz

in “why i don’t hire on experience,” ed mendlowitz explained why he advocates for hiring entry-level staff – and the rare exceptions when he believes hiring experienced staff makes sense.

some readers agreed. some didn’t.

frank stitely said the total cost of employment must be considered. “a lot of ‘experienced’ people need to be retrained almost from scratch. you are paying for experience that may not be valuable,” he said. read more →

outlook & analysis

new tech tools for the 24/7 accounting firm

hthe virtual workplace has arrived. and it’s paying off.

by roman h. kepczyk
quantum of paperless

one of the key components in optimizing firm production is providing the capability for firm personnel to work from anyplace, at any time, at their own convenience.

so give your people access to the resources needed whenever and wherever they are. they will get more work done in less time. here’s how.

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outlook & analysis

卡塔尔世界杯常规比赛时间: top 100 most influential

accountingtoday top 100 most influential people“data-driven insights” and “the leading advisors.”

rick telberg, president and ceo of bay street group llc, has been named one of the profession’s “top 100 most influential people” by accounting today, which cited bsg’s 卡塔尔世界杯常规比赛时间 as a leading forum for industry insight and innovation.

“telberg’s data-driven insights, particularly into the world of the small practitioner, have long made him a valuable interlocutor for the profession,” according to accounting today, “and lately he’s added a new role as a publisher, helping some of the leading advisors to accountants share their insights more broadly.” read more →

charts & graphs

new data: strong, steady hiring at tax, accounting firms

tax, accounting and bookkeeping employment, through august 2014
tax, accounting and bookkeeping employment, through august 2014

the u.s. tax, accounting and bookkeeping industry remains a bright spot in the nation’s economy, according to 卡塔尔世界杯常规比赛时间 sources.

here 卡塔尔世界杯常规比赛时间 reports on:

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

overall, the u.s. economy added 142,000 jobs last month, 47,000 of them in professional and business services. meanwhile, the unemployment rate was little changed at 6.1 percent.

卡塔尔世界杯常规比赛时间 careers and hiring outlook
job satisfaction and retention benchmarks

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