2020 outlook: upstream mergers

look forward 10 years and be realistic about succession.

by terry putney

there appears to be an emerging mindset among buyers that because of the possible demise of compliance services like tax return preparation, smaller firms with significant 1040 practices should be avoided. right now, there is no evidence the demise of the 1040 business is imminent for other than the simplest returns.

more: 2020 outlook: staffing gets creative

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2020 outlook: staffing gets creative

another trend: ranking and culling clients.

by angie grissom
the rosenberg map survey

in terms of firm growth, we are seeing growth in firms with an abundance of opportunity. the way firms plan and manage the growth, the mix of clients they take on and maintain and the way they build a team to do the work and sell additional services does and will continue to impact the success they are having.

an advisory approach to serving and selling is required. professionals need to learn how to do this and this differs from years past. the earlier in one’s career this is introduced, the better. firms are paying attention to the importance of technology investments in dollars, time and learning and are seeing it as a non-negotiable. firms are looking at ways to improve technology integration into multiple service lines and offerings.
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payroll agencies lead jobs growth in the tax & accounting industry

join the survey. get the results

“the opportunities for cpa firms only increase.”

get more from the “talent, career, and growth strategies: job satisfaction and hiring trends tracking poll” 
join the survey. get the results.

by beth bellor

“it’s a good time to be a cpa,” says brian esko, and – with some notable exceptions – it’s hard to disagree.

the managing director and executive recruiter at parker & lynch and ajilon search points to an unemployment rate of roughly 1.5 percent for accounting, almost 300,000 new jobs created over the last 12 months and wages rising at roughly 3 percent annually.

more on jobs: hiring trends: accounting hits 4.2% expansion rate | hiring trends flash warning signs of slowdown in tax & accounting | charts: tax & accounting among biggest jobs creators in u.s.
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

esko

“for a cpa, there are more opportunities than ever in the market and companies are doing a better job of rewarding and retaining their people through compensation increases and internal growth opportunities,” esko says.

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 (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

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trump, tariffs, brexit: cpas turn negative on the economic forecast

cpas blame u.s. trade war for impairing the economy. (via aicpa)

expectations fall to their lowest level since 2016.

by 卡塔尔世界杯常规比赛时间 research

citing u.s. political leadership, trade concerns and fears of a sustained global slowdown, cpas in private practice have crossed from a generally positive view of the economy to decisively negative, their dimmest view of the business situation in three years. and they expect things to get worse.

only 42 percent of survey takers express optimism about the u.s. economy’s outlook over the next 12 months, down from 57 percent, the level it held for the past three quarters.

positive sentiment on the u.s. economy had been as high as 79 percent in early 2018 and had not fallen below 50 percent since the third quarter of 2016, when it stood at 38 percent, according to the aicpa survey read more →

mergers: what could go wrong?

deal-breakers: culture, personalities, and values. (卡塔尔世界杯常规比赛时间 research)

m&a veterans cite culture, personalities, and values as top deal-breakers.

by 卡塔尔世界杯常规比赛时间 research

why do firms merge? why do sellers want to sell, buyers to buy? what attracts them? what worries them? what can go wrong?

and how does that affect you?

the new 卡塔尔世界杯常规比赛时间 mergers & acquisitions survey, conducted in conjunction with capstone marketing, has some of the answers.

and who better to answer than practitioners who have been through the merger or acquisition process?

the survey, which delves into the attitudes and behaviors of the m&a phenomenon like no other study, is yielding a raft of surprising findings.
join the survey. get the results.

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most new college grads plan to start their own businesses

but first, they need to pay off their student loans. bonus: what millennials want in a first job.

by 卡塔尔世界杯常规比赛时间 research

as they prepare to enter the workforce, 70 percent of young adult job seekers say the freedom of being their own boss is worth more than the benefit of job security working for someone else.

additionally, 53 percent say they are likely to start their own business in the future, according to new research from the aicpa, which took the opportunity to promote cpa services to the wanna-be entrepreneurs.

although the new study has no data on cpa-bound graduates, it provides some insight into millenials’ plans both as potential clients and as staffers.

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why firms merge: hint, it’s not for the clients

survey shows few firms will be left untouched today’s m&a tsunami.

by 卡塔尔世界杯常规比赛时间 research

roughly 7 in 10 accountants have been through a merger.
been through a merger yet? roughly 7 in 10 accountants have, and the signs point to even more m&a activity.

the world of accounting firm mergers is churning, and whether you’re in the market for a deal or not, the frenzy will affect your practice.

a third of accountants see a very active or extremely active m&a market in the works, and more than half say the trend is accelerating, according to the new 卡塔尔世界杯常规比赛时间 mergers & acquisitions survey, conducted in conjunction with capstone marketing.

the survey, which delves into the attitudes and behaviors of the m&a phenomenon like no other study, is yielding a raft of surprising findings.
join the survey. get the results.

your competition and client market are going to shift around, with smaller firms disappearing, then popping up inside bigger firms, and clients dragged here and there, some of them looking for new cpas. and if you’re scouting for talent, it could get hard to rope them in.

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hiring trends: accounting hits 4.2% expansion rate

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payroll services, women continue to do well.

get more from the “talent, career, and growth strategies: job satisfaction and hiring trends tracking poll:” join the survey. get the results.

by beth bellor

slow but steady growth is the trend for most of the accounting profession, according to the latest research from 卡塔尔世界杯常规比赛时间.

more on jobs: hiring trends flash warning signs of slowdown in tax & accounting | charts: tax & accounting among biggest jobs creators in u.s.
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

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 (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

merger mania: hot and getting hotter

half of all firms may be in play. is yours?

new 卡塔尔世界杯常规比赛时间 survey says: one-third of accountants term the m&a market more than just moderately "active."
77% of accountants term today’s m&a market at least “moderately active,” including 33% who say it’s “very” or “extremely” hot. (卡塔尔世界杯常规比赛时间 research)

by 卡塔尔世界杯常规比赛时间 research

hold on to your hat! a new tidal wave of mergers and acquisitions is about to swamp the tax and accounting business from sea to shining sea.

three-quarters of tax and accounting professionals are calling the current m&a market for accounting firms as “active,” with 33 percent of them terming it “very” or “extremely” active, according to the new 卡塔尔世界杯常规比赛时间 mergers & acquisitions survey, conducted in conjunction with capstone marketing.

the survey, which delves into the attitudes and behaviors of the m&a phenomenon like no other study, is yielding a raft of surprising findings.
join the survey. get the results.

read more →