surveys & research

what staffing shortage?

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demand for new hires shows signs of weakening.

by beth bellor

high-quality tax, accounting, and finance talent remain in high demand, with about 33% of companies reporting open positions, according to a new study that also forecasts strong hiring demand over the next 12 months.

more on jobs: payroll agencies lead jobs growth in the tax & accounting industry | hiring trends: accounting hits 4.2% expansion rate | hiring surge powered by growth in payroll agencies | tax shops cut 6,200 jobs | salary survey: top skills getting top pay
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“more than one-third of the human resources professionals and hiring managers who participated in the q4 2019 hiring forecast survey reported unfilled jobs in accounting and finance,” according to sagar pandya, cpa, vp of operations at brilliant. “this number is lower than last quarter and lower than any other quarter in the past year.”
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map survey: when bigger isn’t better

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how small firms profits stack up against larger firms in profitability.

by charles hylan
rosenberg map survey

while being a large firm doesn’t guarantee higher profits, data published in the new rosenberg survey shows larger firms tend to be more profitable than smaller firms.

in the infographic below, you’ll find the correlation between the size of a firm, in terms of net fees, and the corresponding profit as measured by income per equity partner.

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cpa firm incomes gain 8% in new map survey

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annual growth rates (via the rosenberg survey)

firms gear up for advisory, grapple with retirements, and take aim at bigger competitors.

by 卡塔尔世界杯常规比赛时间 research
the rosenberg map survey

in the new 2019-2020 edition of the annual rosenberg map survey, the leading national benchmarking study for firms of all sizes, the average firm is growing at 7.7 percent, up from 7 percent in last year’s study and reversing a two-year decline.

meanwhile, organic growth, excluding mergers and acquisitions advanced to 5.9 percent from 4.3 percent, “proving that the accounting profession is really cultivating a focus on business development efforts,” according to the authors, led by charles hylan of the growth partnership and marc rosenberg of rosenberg associates, who founded the study 21 years ago, making it the longest-running such benchmarking project in the profession. (and available from 卡塔尔世界杯常规比赛时间 here.)

additional highlights of the new report include: read more →

payroll agencies lead jobs growth in the tax & accounting industry

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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.
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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

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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 →