outlook & analysis

2019: buckle up for a bumpy road

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global trade wars, political winds buffet business.

by kayleigh padar
卡塔尔世界杯常规比赛时间

cpas should be prepared to help their clients navigate an increasingly unstable global economy and burgeoning challenges with technology, particularly cyber threats, according to a new global study of c-level executives.

more surveys & research: jobs report: 43,000 new hires  |  cpa wealth advisor survey  |  survey: clients rush for tcja answers  |  join the accounting firm and operations technology survey  |  mergers vs. clients: winners and losers  |

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the annual study from atkearney shows a bumpy road ahead for global executives, from the effects of brexit to the increase in targeted fake news campaigns. read more →

2019: three new trends to watch

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after profitable years, here’s where to invest.

by carl george
the rosenberg survey: national study of cpa firm statistics

for the most part, it was a very successful year. profitability improved enough that allowed partners and employees to share in the increases, and ample allocations were made for investments, primarily in personnel benefits and technology. growth in net fees ranged generally from 5-9 percent, so many firms are experiencing top- and bottom-line growth.

more from the map survey: 2019: why small firms shun mergers | 2019: using m&a to launch consulting | 2019 trends: client service changes | staff policies improve, but not mentoring
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there are three trends developing that will benefit firms for many years to come:

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2019: why small firms shun mergers

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leadership and “business-getting skills” emphasized for managers.

by rita keller
the rosenberg survey: national study of cpa firm statistics

when considering a succession plan that involves merging up, some very well-managed and profitable smaller firms actually feel like they are taking a step backward.

more from the map survey: 2019: using m&a to launch consulting | 2019: client service moves to fore | 2019: shifts in hiring & office space
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they view the larger, acquiring firm as having multiple partners who seem complacent and unwilling to invest in digital tools that will take the firm into the future. decision-making is way too slow.

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economy shakes cpa confidence

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cpa outlook index (aicpa)

but they expect better for their own firms.

by kayleigh padar
卡塔尔世界杯常规比赛时间

trade wars and interest rate trends are undermining accountants’ confidence in the u.s. economy, even as their outlook for their own firms strengthens, according to a new survey of 400 c-level cpas.

more surveys & research: jobs report: 43,000 new hires  |  cpa wealth advisor survey  |  survey: clients rush for tcja answers  |  join the accounting firm and operations technology survey  |  mergers vs. clients: winners and losers  |

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only 57 percent said they were optimistic about the u.s. economy over the next 12 months, down from 69 percent in the previous quarter. cpas cite trade issues and rising interest rates as the main reasons for their pessimism. read more →

2019: using m&a to launch consulting

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putney
putney

technology drives hours down 40%; how will your firm cope?

by terry putney
the rosenberg survey: national study of cpa firm statistics

the market for mergers is clearly moving toward narrow selection criteria for the acquiring side of transactions. part of this is because of the increasing numbers of firms seeking to be acquired that are available. however, acquiring firms are also much more strategic with their objectives for an acquisition.

more from the map survey: 2019: more focused training | 2019: expect more alliances | 2019 trends: client service changes | 2019: shifts in hiring & office space | 2019: firms grapple with change | staff policies improve, but not mentoring
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strong organic growth means pure revenue acquisition is not enough anymore. firms with a need for a near-term succession of a substantial portion of the partner group are finding fewer takers among the larger firms. firms that can be acquired to help grow and launch non-traditional, non-compliance-oriented service lines are in high demand.
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