today's features

2013 trends in starting salaries in finance and accounting

business demand drives hiring, new competition for talent.

special to 卡塔尔世界杯常规比赛时间

fueled by new demand from business clients, cpa firms of all sizes are looking to expand audit and tax practices and pursue new new market segments, according to a fresh report on the accountant jobs market. (pro members: get the full report, courtesy 卡塔尔世界杯常规比赛时间.)

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second tier accounting firms wrestle with big four for market control in china

shanghai, financial center

after years of favored treatment, tables are turned on big four.

by rick telberg
exclusive to 卡塔尔世界杯常规比赛时间

on a 卡塔尔世界杯常规比赛时间 research tour of hong kong and china earlier this year, it became clear that the big four was losing its grip on the china market after years of favored treatment. now we have further evidence.

more for pro members

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nine bridges to cross in business development for accounting firms

eyes wide open, forging ahead.

by nick keseric
exclusive to 卡塔尔世界杯常规比赛时间

nick keseric
nick keseric

on our summer family vacation last month, we traveled through the east coast and i can’t recall a time when we crossed over more bridges. some bridges were old, some were brand new, some low and some very high. and with each crossing, my wife would sink deeper into the passenger seat with eyes closed while our kids pointed out some of the sights only seen at higher elevations thanks to the bridge. too bad pam didn’t get a chance to see those sights.i’m not sure, but my wife might have gephyrophobia, the fear of crossing bridges.

more on business development from nick keseric: if business development is a circus at your firm…   |  my attitude??? what’s wrong with my @#$%! attitude?  |  curious minds want to know: are you helping or selling?  |  the six-step roadmap for cpa change agents  |  20 biz dev ideas for your career and your firm  |

in business development, if we have gephyrophobia, we shouldn’t be in business development. in business development we need to cross various bridges in the sales and marketing process each and every day.

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merger mania grips new york

tom marino of manhattan’s new cohnreznick, product of merger between jh cohn and reznick

crain’s new york cites 卡塔尔世界杯常规比赛时间 in market study.

an increasingly steady stream of deals that can only be described as “merger mania” is making new york the center of a match-making frenzy, according to crain’s new york. read more →

accounting firm leaders agree: the cloud is here

90% already using saas for some work.

by rick telberg

the debate, if there ever was one, is over.

the leadership at virtually every mainstream accounting firm in the us. now recognizes that they are already using software-as-a-service or “cloud-based” software applications and they regard the move to the cloud as inevitable for the profession.

according to new survey results, they differ only on when, and how fast.

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audit reports without doing the work?

should you worry when your audit will be audited?

question: i have a friend that runs a small cpa firm. he has a client that owns some motels across the u.s. who sold them to a large company. their auditor, a big 4 firm, would like to review his prior year audit papers and he has asked me to review his workpapers beforehand and make sure that they are in good shape for the big 4 firm. as he is a small practice his workpapers are likely to be not as sophisticated as the big 4 is used to seeing. do you know to what extent he would be required to show his work? would it be sufficient to show the trial balamnce with a narrative indicating the work performed on each line item that is deemed to be in scope? would it be sufficient to show a checklist indicating the procedures performed? would he be required to show all the detailed work papers? read more →

nine fundamentals for a healthy marketing culture in an accounting firm

and four key ingredients.

by bruce w. marcus
professional services marketing 3.0

how does an accounting firm become part of professional services marketing 3.0?

part of the answer resides in building a marketing culture within a firm, which means that everyone in the firm understands that he or she has an active role in marketing and practice development and understand what that role entails.

more professional services marketing 3.0:    what accounting firms need to understand to grapple with radical change   |   six reasonable goals for cpa firm marketing     |    the tools of marketing are not a program – they are simply tools     |    is your marketing program really a program?     |    six metrics for marketing roi     |    how to formulate the right marketing goals for your firm     |     get real: 15 questions for achievable growth     |     if you don’t know where you’re going, how do you know how to get there?     |     eight tips for staying one step ahead of the competition (and maybe the client, too)     |     nine things we know for sure about how to grow an accounting firm   |     the cpa’s castle is crumbling

a firm may be said to have a marketing culture when it’s professional staff: read more →

the top 12 business card blunders accountants make

how many of these common errors or omissions can you find on your business card?

by sandi smith, cpa

the lowly business card: we don’t give it a second thought before we get the thing printed up, and we just do what everyone else does.

many people, new in business, get the business cards printed before they’re really ready to, which causes many of the mistakes i list below. experienced or new, you’re missing huge opportunities to let your business card take some of the work off your shoulders. we may take it for granted, but i feel that your business card is one of your most important pieces of marketing collateral, and the most under-utilized.

sandi smith
sandi smith

more from sandi smith at 卡塔尔世界杯常规比赛时间: seven tips to keep the clients you have how to attract clients like a magnet eleven easy ways to deliver more value to clients five things accountants take for granted that costs them revenue• what’s in your new client funnel? • what’s in your welcome kit for new prospects? • five fun and easy ways to wow your clients • six ways to give yourself a raise • strategies to stop losing business to competitors

here are my suggestions for how to get your business card working as hard as you do. if you want to play along, pull out your business card, and see if your card is guilty of any of these first four no-no’s. read more →

the seven signs of great leadership in a cpa firm

how strong management spells the most reliable path to profits.

by marc rosenberg, cpa

if partners of firms across the country were asked what the key was to the success of legendary fortune 500 companies such as general electric, coca-cola, ibm and countless others, i’m sure that the words “strong management” and “strong leadership” would dominate their responses. yet, ask those same partners to evaluate their own firms’ management, and if they are honest, their responses would not be very flattering.

marc rosenberg
marc rosenberg

related: compensation issues for the new managing partner | 20 decisions for your firm’s new partner compensation committee | three ways to break partner gridlock in an accounting firm | what partners are entitled to, and what they’re not entitled to | how to make partner? | why accounting firm partners are “popping prozac like m&m’s” | more…

of all of the techniques for improving cpa firm profitability, none is more effective than strong management and leadership. yet, nothing is more elusive. why is this?

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