outlook & analysis

ge outsources tax department to pwc

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big four firm finds new growth in acquiring clients’ tax and accounting departments.

by 卡塔尔世界杯常规比赛时间 research

ge is hiving off its tax group to pwc to become pwc’s new global enterprise tax solutions team. their first client: ge.

pwc calls the move “an innovative agreement with ge to provide integrated, enterprise managed tax services to ge on a global basis.” as part of the deal, pwc is hiring more than 600 of ge’s tax team members from around the world and acquiring ge’s tax technologies to bolster both pwc’s focus on the “tax function of the future” and to provide global enterprise tax solutions to clients. it may be a sign of things to come. read more →

survey: next generation balking at buyouts

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"partnership" written on two connected puzzle piecesm&a doesn’t solve succession problems.

by terry putney, transition advisors
the rosenberg map survey

succession for retiring partners continues to be a pressing issue for many mid-size and small firms.

more from the survey: many firms have already lost the battle with succession | embracing new technology a must | technology will solve labor shortages | cybersecurity grows in importance | don’t just win work, figure out why | mergers keep racing forward  | map survey top 10 findings
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this is not a new trend. it is amazing how many firms are delusional about their prospects of remaining independent, while doing virtually nothing to address the core issue of acquiring and developing the talent necessary to build the new generation of owners.
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many firms have already lost the battle with succession

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older businessman sitting at desk smiling as wall clock indicates 5 minutes to retirementdoomed by outdated retirement formulas.

by carl george
the rosenberg map survey

firms are continuing to struggle with succession of the partner group exiting the profession.

more from the survey: recruiting and retention are challenges | technology will solve labor shortages | cybersecurity grows in importance | don’t just win work, figure out why | mergers keep racing forward  | map survey top 10 findings
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while i would hope these issues are being resolved, i really wonder if it’s not too late for many.
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survey: embracing new technology a must

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a man tries to fix a broken hourglass in the forestwhat value are you adding?

by rob nixon

2015 was much the same as other years. too many hours for not enough profit.

more from the survey: technology will solve labor shortages | accounting profession demands swift change | next-gen leaders getting restless | do you have a firm or a co-op? | cpa firm revenues rise a hefty 8%
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a cpa firm will never make serious profits (more than $1 million profit per partner) if they focus on billable hours and realization margins.
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survey: offshoring on the rise

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illustration of two businesspeople against world mapreal-time accounting is in client demand.

by chris frederiksen
the rosenberg map survey

it’s been was another good year for accountants, with demand for services continuing to outrun supply, thus allowing for price increases.

more from the survey: technology will solve labor shortages | firms must build their benches | mergers spur growth | talent wars, m&a frenzy continue | do you have a firm or a co-op? | accountability, equity, compensation are concerns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

firms continue to struggle with the issue of finding enough “good” people to get the work done, so we observed two simultaneous trends.
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accounting firms expand at 5% rate

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cpatrendlines jobs report tiltbut why is hiring up and wages down?

by 卡塔尔世界杯常规比赛时间

accounting employment in most sectors once again hit new highs, according to new 卡塔尔世界杯常规比赛时间 research.

gains over 5 percent were seen year over year in overall staff employment; cpa staff employment; women overall, at cpa firms and in payroll; payroll overall and staff numbers; and payroll staff hours. unfortunately, that last group saw their earnings swing down even more.

the 卡塔尔世界杯常规比赛时间 monthly jobs report has been following a decline in wages and a simultaneous increase in headcounts, which may signal a new dynamic at play in the industry. robert fligel, president and ceo of rf resources, the leading new york cpa firm m&a broker and executive recruiter, suggests several factors may be the cause. “i think firm are hiring more lower level people, like more new college grads; more home-grown talent; and the effect of outsourcing.”

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.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.
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survey: recruiting and retention are challenges

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clock facestrue flex programs become more important.

by tamera loerzel
the rosenberg map survey

in 2015, firms continued to struggle with a shortage of people.

more from the survey: new leaders promoting positive changes | cybersecurity grows in importance | mergers spur growth | accounting profession demands swift change | don’t just win work, figure out why | talent wars, m&a frenzy continue | next-gen leaders getting restless | mergers keep racing forward  | do you have a firm or a co-op? | accountability, equity, compensation are concerns | map survey top 10 findings | cpa firm revenues rise a hefty 8%
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the challenge of firms to attract, retain and engage their top talent has been a top focus and will continue to be an area all firms need to address to remain competitive and achieve their growth and succession goals.
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the trump effect: accountants see better business conditions

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changes to the affordable care act are envisioned.

picture2

by rick telberg
卡塔尔世界杯常规比赛时间 research

in the first days following donald trump’s presidential election victory, tax and accounting practitioners surveyed say the results have lifted their confidence in the business outlook.

curiously, accountants appear distinctly more confident in their own futures than in the nation’s outlook as a whole.

more post-election analysis:   why accountants voted the way they did

some 56 percent say they are “somewhat” or “much” more confident in the 18-month outlook for their own firms. even more, about 60 percent, say the election results could be good for their clients and customers. about 59 percent see brighter prospects for themselves and their own families. and 56 percent are feeling better about the nation’s economy as a whole.

to be sure, however, your outlook may depend on who you voted for. trump voters are decidedly more upbeat about the future than hillary clinton voters.

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survey: technology will solve labor shortages

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business backgroundinternational networks continue their boom.

by gale crosley, crosley company
the rosenberg map survey

in the past year and a half, major trends have taken form.

more from the survey: new leaders promoting positive changes | accounting profession demands swift change | next-gen leaders getting restless | accountability, equity, compensation are concerns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in audit, data analytics and continuous auditing concepts are starting to be widely discussed. the big four are investing in cutting-edge audit approaches, and these technologies will significantly change what auditors do in the future.
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survey: firms must build their benches

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ice hockey player in bench area watching actionit’s that or watch your bright new stars bolt.

by art kuesel
the rosenberg map survey

in 2015, i saw a moderate shift in mindset from that of “let’s help everyone develop themselves” to “let’s target our resources at our high potentials.” firms worked through their fears of offending lifetime managers as they saw high potentials depart at the fastest pace in recent memory.

more from the survey: new leaders promoting positive changes | cybersecurity grows in importance | don’t just win work, figure out why | mergers keep racing forward  | map survey top 10 findings | cpa firm revenues rise a hefty 8%
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

only a handful of firms started the year with formal “path to partner” programs while many more had them by the close of the year. and mps reported that the biggest gap in skill set for partner potentials continued to be business development.
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survey: new leaders promoting positive changes

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three happy businesspeople looking at laptoppeople issues still among top challenges.

by sam allred, upstream academy
the rosenberg map survey

2015 was another good year for the profession.

more from the survey: cybersecurity grows in importance | mergers spur growth | accounting profession demands swift change | don’t just win work, figure out why | talent wars, m&a frenzy continue | next-gen leaders getting restless | mergers keep racing forward  | do you have a firm or a co-op? | accountability, equity, compensation are concerns | map survey top 10 findings | cpa firm revenues rise a hefty 8%
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

most firms across north america performed well and were pleased with their results. most firms saw good organic growth – largely coming in non-traditional areas. more and more firms are investing significantly in growing their consulting practices – look for this to be a continuing trend.
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presidential post-election survey: why accountants voted the way they did

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z_-election-chart-trump-v-clinton-concerns-v2how accountants voted and why.

by rick telberg
卡塔尔世界杯常规比赛时间 research

the 卡塔尔世界杯常规比赛时间 post-election survey shows accountants split by different issues. trump accountants tend to be most concerned about terrorism while clinton accountants are more focused on global warming.

more survey results:  accountants assess business outlook following presidential election

part of the spread might be explained by gender. just as the accounting profession tends to be owned and operated by more men than women, 67.7 percent of 卡塔尔世界杯常规比赛时间 respondents were men – and roughly the same ratio of votes for trump over clinton. the demographics of the tax and accounting profession’s practice owners and leaders — the core of the 卡塔尔世界杯常规比赛时间 community — tend to match voting patterns beyond the profession. in that, accountants vote more like, well, voters, than accountants.

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