seven tech lessons for busy season

it’s the best time to learn the tough lessons to apply next year.

roman kepczyk

with busy season a frenzy, most professionals keep their heads down and their noses to the grindstone.

but if you’re in management, you can’t afford to waste the once-a-year opportunity to take notes on what’s working, what’s not and what to do about it before the next busy season.

with that in mind, roman h. kepczyk, cpa.citp, lists seven tech tends to watch:     read more →

the top ten things the aicpa wants you to know about ‘the future of the profession’

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the forecast: challenging, but cheerful.

after a year-long project gathering comments from 75,000 of some 350,000 members, the aicpa has released a long-awaited study on the future of the profession.

the report, cpa horizons 2025, identifies “global and local trends and the steps cpas can take to plan for the challenges and leverage the opportunities the future will hold,” according to the aicpa.

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accountants outpace cpas in job listings

simplyhired 2011 010 08
help wanted trends for "accountant" and "cpa" (by simplyhired via 卡塔尔世界杯常规比赛时间)

millions of “help wanted” ads surveyed and indexed.

indexed to february 2010, the number of open “accountant” jobs has increased 64% and the number of open “cpa” jobs has declined 11%, according to data from simply hired, a job search engine affiliated with 卡塔尔世界杯常规比赛时间. the graph displays the percentage of jobs with the search terms anywhere in the job listing.

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rosenberg survey 2011: cpa firms on rebound

at the typical cpa firm: “the bleeding has stopped.”

revenues at the typical cpa firm are up 1.7%, a slight improvement from the 1.4% increase in the year before, according to the 2011 rosenberg map survey.

still, when the impact of mergers is taken out, the growth rate was only 0.8%. the rosenberg map survey, founded 13 years ago by nationally known practice consultant marc rosenberg, reports on the results of 408 firms, most of which range from $2 million to $20 million in annual fees. nearly 100 metrics are collected and compared.

though the revenue increase is small, the authors say it’s noteworthy because — for the first time in two years — the growth rate increased from the prior year instead of decreasing. “the bleeding has stopped,” they say.

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break up the big four?

european regulators mull drastic action to reform audits.

while the big four have escaped public outrage in the u.s. for the global financial debacle, in europe they’re sharpening the guillotines.

beset by political pressures from failing banks and governments, eurozone regulators are airing a scheme to break up the big four into audit-only firms.

meanwhile, each of the big four has now reported its global revenues, showing a lag in audits and the developed world and a surge in consulting with rapid growth in emerging markets.

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