survey: embracing new technology a must

a man tries to fix a broken hourglass in the forestwhat value are you adding?

by rob nixon

2015 was much the same as other years. too many hours for not enough profit.

more from the survey: technology will solve labor shortages | accounting profession demands swift change | next-gen leaders getting restless | do you have a firm or a co-op? | cpa firm revenues rise a hefty 8%
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a cpa firm will never make serious profits (more than $1 million profit per partner) if they focus on billable hours and realization margins.
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survey: 97% of leading firms now offer flexible work arrangements

senior businessman mentoring two younger workersbut only 83% provide the tech to do it well.

by jennifer wilson
on staffing

what is work flexibility?

more on staffing: the 12 reasons your staff hates your firm | 8 keys to keeping staff engaged | how to create a talent management strategy | what happened to the relevancy of the cpa profession? | staffing: what cpa firms are learning the hard way
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at convergence coaching we use the terms “anytime, anywhere work” and “work flexibility” very similarly. both refer to increased flexibility around one’s work schedule and the place where work is done, while simultaneously meeting the needs of clients and staff and the goals of the firm.

convergencecoaching’s anytime, anywhere survey

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survey: offshoring on the rise

illustration of two businesspeople against world mapreal-time accounting is in client demand.

by chris frederiksen
the rosenberg map survey

it’s been was another good year for accountants, with demand for services continuing to outrun supply, thus allowing for price increases.

more from the survey: technology will solve labor shortages | firms must build their benches | mergers spur growth | talent wars, m&a frenzy continue | do you have a firm or a co-op? | accountability, equity, compensation are concerns
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firms continue to struggle with the issue of finding enough “good” people to get the work done, so we observed two simultaneous trends.
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research: when to replace your firm’s computer equiment

arrow hitting ground on laptop shows drop on sale or failures

how to plan with “risk of failure” and “ease of replacement” calculations.

by donny shimamoto
intraprisetechknowlogies llc

what are the standard refresh cycles for cpa firm technology equipment? well, it depends on the type of equipment.

as a physical asset, hardware replacement must usually be planned for in advance so that you’re not scrambling to replace it after it fails. this proactive replacement is often referred to as performing a “hardware refresh.”  hardware refreshes are often driven by the risk of failure of a particular hardware asset.  different types of hardware have varying risks of failure as they age. for example, laptops have a relatively high risk of failure once they’re four years old, but they are also moderately easy to replace. on the other hand, servers are generally unlikely to fail in their first three years of use, but they can be expensive and difficult to replace.

the table below shows some of the common types of hardware and general risk of failure based on the number of years the hardware has been in service.

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survey: recruiting and retention are challenges

clock facestrue flex programs become more important.

by tamera loerzel
the rosenberg map survey

in 2015, firms continued to struggle with a shortage of people.

more from the survey: new leaders promoting positive changes | cybersecurity grows in importance | mergers spur growth | accounting profession demands swift change | don’t just win work, figure out why | talent wars, m&a frenzy continue | next-gen leaders getting restless | mergers keep racing forward  | do you have a firm or a co-op? | accountability, equity, compensation are concerns | map survey top 10 findings | cpa firm revenues rise a hefty 8%
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the challenge of firms to attract, retain and engage their top talent has been a top focus and will continue to be an area all firms need to address to remain competitive and achieve their growth and succession goals.
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