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women lag men in accounting jobs recovery

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new records set in hourly earnings.

by beth bellor

across the tax and accounting industry, almost all the jobs relinquished by men in the coronavirus layoffs have been regained by men. the jobs given up by women, on the other hand, are still largely vacant.

more on jobs: comeback stalls as layoffs hit 1,500 in accounting | tax & accounting regains 3,800 jobs | accounting jobs recovery slows | tax & accounting firms rehire two-thirds of pre-covid workforce | tax & accounting firms rehire two-thirds of pre-covid workforce
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overall, the tax, accounting, tax prep, payroll, and bookkeeping sectors employed 1.02 million full-time equivalents in march 2020, before 70,000 layoffs hit in april. so far, the industry has re-filled all but 17,600 positions.

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how a good managing partner impacts profitability

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10 best practices.

by marc rosenberg
the role of the managing partner

i have compared a “true” managing partner to an administrative partner. both are important positions. both share many common duties and expectations. but true managing partners are more valuable because they function like corporate ceos and thus make a bigger impact on the firm’s overall performance than admin partners.

more: the 9 biggest merger pitfalls | the managing partner’s role in mergers | five ways to evaluate partners | manage partners with goal setting | overarching authority that managing partners must have
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these three duties differentiate true managing partners from admin partners. true managing partners

  1. manage partner performance and behavior
  2. hold partners accountable
  3. drive the firm’s growth and profitability

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what do clients really want?

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think about how well you know their aspirations.

by gary bolinger

most cpas believe that they have the answers to clients’ most pressing questions, but often miss the mark on what clients really want.

more: how accountants are profiting in disruption | ask the right question(s) | seven elements of engagement for cpas | true advisory work isn’t just consulting
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we think they want advice on how to:

  • make more money
  • establish a successful business
  • gain more customers or clients

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wealth is a state of mind

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businessman holding two papers with happy and angry face each on themtwo clients, one rich and one poor.

by ed mendlowitz
call me before you do anything: the art of accounting

some time ago i had breakfast with a client who was not able to make ends meet but was fortunate to have his brother-in-law send him monthly checks so he and his wife could get by without any pressure.

more: one hour a year since 1972 | finding new business in sustainability | 14 simple, easy tips for a better tax season | how to recoup staff training costs | 10 ways to stay in control | advice to new accountants | clients don’t lose sleep for overpaying taxes | when time-based pricing works
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i had a very pleasant time talking with him and he was a truly happy and content man. it was a pleasure to be with him.
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