surveys & research

tax shops cut staff by 10%

by

is this any way to prepare for tax season 2019?

by beth bellor
卡塔尔世界杯常规比赛时间

accounting remains part of the general upturn in professional and business services employment, according to the latest data from 卡塔尔世界杯常规比赛时间 research. payroll remains a bright spot, especially for women, while tax prep grows ever gloomier.

more on jobs: benefits, perks, and incentives: the happy-packs of employee satisfaction | salary survey: top skills getting top pay | accounting wages set new record | all staffed up? new tax prep hiring stalls on eve of busy season
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chart of overall profession employment
^ overall profession employment

 

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

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mergers vs. clients: winners and losers

by

as firms pursue m&a at any cost, who’s taking care of the clients?

2008-2017: two years of slowdowns in organic growth rates signal a bevy of underlying problems. (rosenberg survey)

by rick telberg
rosenberg survey

golden and loerzel: problems in merger strategies

the many challenges tax and accounting firms face today can be daunting:

  • accelerating changes in technology (now reaching beyond blockchain to the frontiers of artificial intelligence)
  • staffing shortages (not just a rarity of professionals but too few up to speed on regs and tech)
  • a new generation (young professionals who expect flex time, time off, telecommuting, fewer hours, and similar perks and benefits)
  • an old generation (baby boomer partners working more years but getting older nonetheless)
  • increased competition crossed with ever-evolving marketing media (a battlefield unknown to people trained only in accountancy)
  • the evolution of auditing (or is it an ongoing revolution?)
  • new client opportunities (maximizing potential of niches, it service, consultation, etc.)

practitioners in firms large and small are doing their best to meet the challenges, but meeting challenges can divert energy and effort from actually growing a business.

and merger mania may be to blame.

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