new tech tools for the 24/7 accounting firm

hthe virtual workplace has arrived. and it’s paying off.

by roman h. kepczyk
quantum of paperless

one of the key components in optimizing firm production is providing the capability for firm personnel to work from anyplace, at any time, at their own convenience.

so give your people access to the resources needed whenever and wherever they are. they will get more work done in less time. here’s how.

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when a staffer stops listening

four issues and solutions in leadership and management.ed mendlowitz cpa the practice doctor q and a

question: one of my managers is complaining that the staff don’t listen to him. the specifics are that he assigns work and it isn’t completed on time and is usually incomplete and full of errors. he says he doesn’t want to supervise people anymore. any suggestions?

answer: i have many suggestions, sorted into four general areas.

here goes: read more →

new data: strong, steady hiring at tax, accounting firms

tax, accounting and bookkeeping employment, through august 2014
tax, accounting and bookkeeping employment, through august 2014

the u.s. tax, accounting and bookkeeping industry remains a bright spot in the nation’s economy, according to 卡塔尔世界杯常规比赛时间 sources.

here 卡塔尔世界杯常规比赛时间 reports on:

  • current hiring trends in each of the bookkeeping, tax, payroll and cpa segments of the industry.
  • average hourly wages for key segments.
  • typical hours worked per week.
  • and trends concerning women in the accounting workforce.

overall, the u.s. economy added 142,000 jobs last month, 47,000 of them in professional and business services. meanwhile, the unemployment rate was little changed at 6.1 percent.

卡塔尔世界杯常规比赛时间 careers and hiring outlook
job satisfaction and retention benchmarks

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the 8-point financial tune-up for your accounting firm

hstrengthen your partnership and protect minority interests.

by auqust aquila
creating the effective partnership

with busy season just around the corner, it’s a good time now to tweak your firm’s financials and partner performance.

start by reviewing your billing rates, billing and collection policies, type of work partners are doing, how you reward performers and your leadership.

more august aquila on creating the effective partnership: three ways to run a firm: but only one is sustainable  •  eight key goal areas for partners  •  5 must-do’s for every managing partner today  •  are bad clients driving you crazy?  •  6 steps to handle staffing problems in a merger  •  new times call for new cpa firm metrics  •  6 reasons why cpa firms fail in innovation  •  when the deal is done: a 24-point checklist for the morning after  • 

take the time to focus on what drives the bottom line. it’s time well spent. here are eight issues you shouldn’t miss: read more →

how to plant seeds for mergers

veteran buyers say that for every firm they merge with, they had discussions with 10 others.

by marc rosenberg
cpa firm mergers

firms that are serious about merging in smaller firms on a regular basis understand that conducting mergers is all about planting seeds.

a buyer has to have this attitude:

every day of every year, at least one firm decides to test the merger waters. if our efforts to identify sellers are made continuously throughout the year, every year, sooner or later, we will find at least one interested merger candidate and probably more than one. read more →

six secret keys to the mind of the entrepreneur

and how accountants can leverage them to be trusted advisors.

by hitendra patil
pransform inc. 

it’s said that accountants are the trusted advisors of their clients. but in reality it’s a myth – as far as business owner clients are concerned.

peer groups, associations, similar business owners, people from the same industry … entrepreneurs don’t listen to anyone else who has not “been there, done that.” they may hear. but they rarely listen.

more on the entrepreneurial accountant: 8 seconds into the future: meet generation z   •   5 reasons gen y will make or break your firm   •   3 ways amazon’s new fire phone hints at the future of accounting   •   the 8 traits creating the firm of the future today   •   get more done, make more money: stop doing these 17 things   •   what shopping habits reveal about accounting clients   •   create your “not-to-do’s” list   •   irs bitcoin rule: 5 things accountants need to know   •   tax season tips: train your brain to focus   •   what the bitcoin phenomenon means for accountants   •   overcoming your clients’ worst fears   •   5 tech tips for reigniting growth   •   a case study in using linkedin   •   accountants and six fundamental human needs   •   client satisfaction starts with ‘likeability’   •   why accounting? your clients want to know   •   what’s next: predictive accounting

after talking to several business owners about what they expect from their accountants, we figured out six key insights into how entrepreneurs think. read more →

who’s better at marketing? lawyers or cpas?

is the question ludicrous? by bruce w. marcus looking at the question from a different point of view, the international consultant patrick mckenna said, “if you’re trying to determine which of the two professions (lawyers or accountants) are the more … continued

the 7 fundamentals of getting clients with social media

h…but only if you’ve done everything else first.

by sandi smith leyva the accountant’s accelerator 

it’s likely your friends and peers are urging you to get on the social media bandwagon. hearing about social media is unavoidable these days. we have many clients who feel stressed about the whole topic. the stress or guilt comes in when they don’t really want to do it but their friends keep urging them to.

screen shot 2014-08-30 at 10.32.03 am
free introductory white paper: 10 keys to doubling your revenue

more on small-firm growth strategies: 5 ways to attract higher-quality clients   |   6 biz dev metrics accountants should measure  |  5 areas to improve client acquisition success  |  are accountants newsworthy? you bet!  |  when accountants don’t know they don’t know  |  seven hot lead generation methods for accountants   |  what stage of business are you in?  |  8 essential ingredients for your new client welcome kit  |  4 ways small firms can surpass larger firms  |   rebuttal: the 3 most unused marketing methods for accountants

i like to take a contrarian view with social media: i believe it’s not a cost-effective marketing tool for a majority of accountants. nevertheless, there are some very important exceptions where it can pay off big. here are some ideas just in case you can’t resist getting started in social media.

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the 21 steps in every merger deal

checklist: for every step in the merger negotiations, there’s a possible misstep.

by marc rosenberg
cpa firm mergers

it’s important to understand the flow of the entire merger process.

every merger has its unique aspects. it’s impossible to choreograph, from a to z, exactly how the process for all mergers will work. most steps occur in the same order from one deal to the next. but then, all mergers are different. your mileage may vary.

still, there are at least 21 steps that need to happen. and one can’t happen without the other. take a look…

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