cpa billing rates rise at 6.5% pace

the mark tops six months of steady growth.

line chart
overall pricing at cpa firms, year over year

by beth bellor
卡塔尔世界杯常规比赛时间 research

pricing at cpa firms has been growing for the past six months, according to a new 卡塔尔世界杯常规比赛时间 study, and the numbers are worth noting. august was the first year-over-year hike of over 5 percent, at 5.1 percent. from there, it hopped to 5.5 percent in september, 6.3 percent in october and 6.5 percent in november.

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financial auditing at cpa firms was slightly behind, with annual differences of 4.9 percent in september, 5.5 percent in october and 5.9 percent in november.
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hitendra patil: no new tech. no new growth.

technology is disrupting the profession, but for the better.

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the disruptors
with liz farr 
for 卡塔尔世界杯常规比赛时间

the silver lining of the pandemic is that it forced accountants to move to the cloud and to develop distributed labor models, changes that are here to stay, hitendra patil, author of client accounting services: the definitive success guide, tells cpa trendines in the latest episode of the disruptors.

more:  mike whitmire: re-think your hiring and training practiceshector garcia: success strategies of a quickbooks youtube superstar | blake oliver: why tax work yearns to be freeprivate equity explodes in u.k. | brannon poe: the status quo must go  | accounting nerds, unlock your super powers  | disruptor: jason statts shakes up the status quo | think small to think big with matt wilkinsonwhen financial statements go extinct with corey schmidtcan geraldine carter save accountants from themselves?re-inventing accounting with tyler anderson

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we can’t fight the rapid technological changes – we can only leverage them to provide better service and insights to our clients, patil says.

pro members always get all nine top takeaways, patil’s bona fides, and the full transcript.
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cpa firm wages surge 9%

in payroll, employment is up, but earnings are down.

by beth bellor
卡塔尔世界杯常规比赛时间 research

want an easy way to make employees happy? give them more money – and that’s just what’s happening in the latest jobs report.

more: accounting staffs grow 4%; pay rates surge 8% | headcounts grow 5%; pay rates surge at 7% pace | cpa staff wages hit new high and keep climbing | firms battle staff shortages with pay hikes | tax & accounting firms beef up wages and headcounts | employee counts, earnings rise
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except for payroll services, all tax and accounting sectors are seeing higher earnings year over year. overall pay was up 6.7 percent, with cpa firm staff pay close behind at 6.6 percent. cpa firms beat the national 7.7 percent inflation rate, increasing hourly earnings by a heady 9.2 percent.
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the 12 big questions for 2023

accounting leaders say these are the issues firms must face.

by 卡塔尔世界杯常规比赛时间 research

as gale crosley of crosley+consulting notes in the 2022 rosenberg survey, we are in the midst of “an unusual year of high uncertainty, unpredictability and sapped energy among our profession’s leaders.”

more trends & outlook for 2023: the biggest change in accounting? personnel | look who’s making money now | merger minded? go out on top! |  capacity strategies drive change | who wants to be partner? not enough | private equity heats up m&a | top five trends |  compensation gets creative | cpa partners rejoice on surging fee growth | the office is over | accounting firms face up to private equity | irs hires will add pressures | consolidation brings challenges, opportunities |

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yes, indeed. the profession, once characterized as staid and stable, has been hit by a confluence of what crosley calls “four major thunderbolts,” to wit:

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