by sandi smith leyva
the accountant’s accelerator
here’s a quick exercise: choose any person in your work life or personal life. now think back to last few interactions you had with that person. recall what was said and classify your list into two groups.
what interactions, comments and questions did you have with your chosen person that were negative? here are some examples of things that are in the “negative” group: read more →
partners persuade their people to join them on the journey and to play a part in building a better firm.
by robert j. lees and
august j. aquila
creating the effective partnership
just as the partners need to engage with the firm’s vision so do the firm’s people. but, like everyone, they actually engage with people not words. so, effective partners continually engage with their people, regardless of their level and role. they go out of their way to create a personal bond, sharing personal information and operating with honesty and integrity in all of their interactions.
creating the effective partnership: every partner’s first question: ‘what’s in it for me?’ | the 9 building blocks of a winning vision that the big four have discovered | the politics of an accounting firm partnership | nine rules to creating highly effective partnership teams | audacious vision and grand purpose prove essential to cpa success | are you creating a sustainable firm? | the debilitating effects of denial at accounting firms | the five psychological hurdles that cpa firms must confront today read more →
how to run your training like a business. by michael ramos and cate miller with cpa firms spending 1.5 percent to 2.0 percent of revenue on learning, budgets can be hundreds of thousands of dollars even for a modest-sized firm. but firms invest … continued
why you can’t believe your own press clippings.
by gale crosley, cpa
crosley+co
ever run a race and immediately sense that you got off to an exceptionally fast start? it’s a good feeling, but if your goal is to beat out the competition there’s really only one way to know for sure how you’re doing. and that’s by marking your progress toward the finish line relative to the other racers.
the same can be said of efforts to grow your firm. to gauge your progress you have to get outside your own four walls and see how you measure up to the competition. read more →
looking inside firms with income per partner over $500,000.
by 卡塔尔世界杯常规比赛时间
rosenberg map survey
if you’re a firm with two or more partners wondering just how well your business compares to the cpa profession’s “elite” firms, you should be looking for a 5.2% revenue gain this year, according to the new rosenberg survey. and your revenue growth last year should have been at least 7.4%, excluding any changes that resulted from mergers.
the survey, based on activity at firms across the country with annual fees ranging from less than $2 million to more than $20 million, defines “elite” as the firms with income per partner of more than $500,000. by comparison, the average income per partner for the profession’s “mainstream” firms is $345,177.
the report provides comparisons for benchmarks including billing rates, partner-to-staff ratios, hours billed annually, staff turnover rates, men-to-women ratios, partner ages, client services and partner compensation.
how clients value the intangibles.
by hitendra patil
pransform inc.
“what leader has the most positive influence in your daily life?”
the answers to that gallup poll question may be astoundingly important for cpas who strive to make a positive difference in the lives of their clients. read more →
“women get advice, while men get promotions.” here’s how to change that.
by ida o. abbott
what men need to know
the benefits of sponsorship are indisputable. having a highly placed sponsor is a distinct career advantage, and, when competing for top positions, it can be a critical differentiator. read more →
1 in 6 firms have no formal, written exit plans in place.
by marc rosenberg
retirements & buyouts
despite the clear, substantial value of a cpa firm, roughly 15% of multi-owner cpa firms – mostly firms with up to four partners – do not have a formal, written partner retirement plan. why? read more →
by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor
question: most of my clients are either tax returns or small business clients. the number of individual tax returns grows each year, but i seem to be standing still with business clients. for every new one i get, i lose one. otherwise, i have about a 6 or 7 percent turnover. is there anything i can do to keep them?
response: i think small business clients need extra hand-holding from us because they are really alone.
what’s on accountants’ cpe agendas this year? join the survey; get the answers.
by sandi smith leyva
the accountant’s accelerator
attending and learning from conferences can be amazing opportunities for your career or your business. they can also be huge money drains. it’s easy to take a look at the conference registration and make a quick decision about whether we can afford it – or even worse – whether it will clear our credit card limit or not. read more →
profession adds 1,400 new jobs in latest month.
next question: who’s hiring; who’s not. join the survey; get the answers.
by 卡塔尔世界杯常规比赛时间
with practitioners across the country reporting strong demand for new hires, the nation’s tax, accounting and bookkeeping industries added 1,400 new jobs last month, with some sectors marking new highs for 2014 and approaching the pre-crash peak six years ago.
jennifer dizon, an audit and advisory partner at hood & strong’s san jose, calif., office, tells 卡塔尔世界杯常规比赛时间 her firm is looking to hire.
“we need more staff to service business growth,” says dizon, who is also the newly elected state chapter president of the national association of women business owners.
in elkhart, kan., enrolled agent terri ryman at southwest tax & accounting says the office is “getting busier.” she “can’t keep up.”
in northridge, calif., gene wechsler at wechsler accountancy reports a similar trend. “the firm continues to grow at the rate of 1 to 2 new clients per week.”
needs vary though. “we need an additional tax preparer and accountant for small business monthly work,” says one of the owners of a seven-person firm in prescott, ariz., which is “currently advertising for an accountant/tax preparer.”
in bellevue, wash., managing partner marc hutchinson at the six-cpa bashey, hutchinson, & walter reports, “we need experienced accountants, and ones that can take over the firm’s clients over the next 10 years.”
in this study, 卡塔尔世界杯常规比赛时间 reports on:
the 卡塔尔世界杯常规比赛时间 careers and hiring outlook
join the survey; get the results.
by marc rosenberg
cpa firm mergers
with 80 percent of first-generation firms never turning over to a second generation of owners, it’s no wonder that merger mania continues unabated. each year sees increased merger activity over the one previous.
“merger mania” is particularly prevalent among the top 10 to 25 firms in the largest 75 markets in the u.s. and canada, partly due to the “new normal” – an economy that remains too sluggish to satisfy the ambitious growth targets of these top performers. but acquiring talent and niches is equally as important a reason for mergers to these larger firms, as is increased revenue.
sellers, however, remain hesitant.
two strategies to minimize business risk from internet failure.
by roman h. kepczyk
quantum of paperless
the internet has had a profound impact on accounting firm operations and communications. what if you lost your internet connection? on april 13? read more →