and four simple solutions.
by rick telberg
if this is february, then it’s the season for already forgetting our new year’s resolutions. i don’t know about you, but i’ve already broken a few of them.
but there are some new year’s resolutions that we cannot afford to ignore. for accountants, here are just four. that’s right: only four. that’s all we have space for here. but each is hitched to a pervasive dilemma within the profession.
what makes an accounting firm great? by august aquila aquila global advisors too many firms don’t give a lot of thought to the question.their main concern is surviving. but the sooner a firm can start focusing on what makes a great partnership, the better off it will be. think about this, if you don’t address this question, how will you know if you are admitting the right types of partners? what technical and personal skills would you want? what personal values (character) would you look for? here are seven characteristics that form the foundation of a great partnership. if you are missing any of them or if you merely need to improve in some areas, now is the time to start strengthening your firm’s foundation. read more →
and so, too, the mood of the accounting profession.
by rick telberg
the outlook for a better busy season is improving among tax and accounting practitioners, with 16% reporting “much better” operations in january, up from 11% in the year-ago month and continuing a string of monthly year-over-year advances in the 卡塔尔世界杯常规比赛时间 polling.
complete findings are published in the 卡塔尔世界杯常规比赛时间 practitioner’s tax season performance review and outlook report. (learn more here)
overall, practitioners are headed into the jaws of the february busy season with 57% of them reporting generally positive results. only 19% are calling for worse and 25% forecast no change.
accounting firms hire the most, pay less.
the average salary for accounting majors is averaging up 3.7 percent to $50,500, according to a new survey of college graduates and the employers who hired them.
survey unveiled at launch of new credential.
about 75% of the world’s ceos say more emphasis should be placed on measuring the value of non-financial assets such as intellectual capital and customer relationships to drive long-term performance.
but just 51 percent of nearly 300 ceos surveyed in 21 countries say their organizations currently measure the value of non-financial assets well or very well. and only 12 percent now turn to their finance teams for help with the task.
free instant download for 卡塔尔世界杯常规比赛时间 pro member
for the full report, click: read more →
get paid and avoid misunderstandings with your clients. by steve erickson in some firms, engagement letters are treated as an afterthought even though they are required as a part of any quality control system. this lack of attention to the detailed management of an engagement often leads to misunderstandings, scope creep, upset clients and increased write-downs. here are a few thoughts on how you might improve this process: read more →
卡塔尔世界杯常规比赛时间 founder named “top thought leader.”
for the second year in a row, rick telberg, president and ceo of bay street group llc, which publishes 卡塔尔世界杯常规比赛时间, has been named one of the top 25 thought leaders in the tax and accounting profession by cpa practice advisor magazine.
telberg joins honorees greg anton, cpa; l. gary boomer, cpa.citp; jim boomer, cpa.citp; jim bourke, cpa.citp,cff; david cieslak, cpa.citp; gale crosley, cpa; chris frederiksen, cpa; michelle golden, cpf; john higgins, cpa.citp; tom hood, cpa.citp; randy johnston; roman kepczyk, cpa.citp; allan koltin, cpa; mark koziel, cpa; barry melancon, cpa; james metzler, cpa; edi osborne; rick richardson; m. darren root, cpa.citp; gary shamis, cpa; donny shimamoto, cpa.citp; doug sleeter; brian tankersley, cpa.citp; and jennifer wilson.
high-performing firms look to leap ahead of low-performers with a few key strategies.
by rick telberg
a new study by 卡塔尔世界杯常规比赛时间 shows that high-performing firms and low-performing firms are following markedly divergent marketing and practice development strategies as they battle through a sluggish economy.
the complete 179-page study, “marketing and business development strategies at accounting firms – 2012 survey report, with commentary and analysis,” is available for purchase by 卡塔尔世界杯常规比赛时间 parent bay street group llc. the study shows trends within the profession, but also distinguishes between high-performing firms and low-performing firms, based on time-tested proprietary 卡塔尔世界杯常规比赛时间 criteria. in this study, high performing firms are far more likely than low performing firms to enjoy marketing successes. the data for this report was gathered over the course of more than two years and includes the responses of about 588 practitioners. the margin of error is plus or minus about 3 percentage points at a 90% confidence level. click here to learn more.
get the instant download: ed mendlowitz’ tax season opportunity checklist kit. free to pro members.
ed mendlowitz, cpa and partner at withum cpas in new brunswick, n.j., has survived more than 40 tax seasons and built a thriving book of business.
he knows a thing or two about how to run an office in busy season. over the years, he has compiled this handy list of the most frequently found errors in tax return preparation:
1. number transposition and spelling errors. this includes income and deduction amounts and client social security numbers, addresses and zip codes. spelling errors should also be avoided – they indicate a lack of attention to what you are doing. read more →
new business model breaks the mold.
by bruce w. marcus
professional services marketing 3.0
of all the emerging changes in the world of professional services marketing 3.0, few are as innovative as the accounting firm seiler llp in silicon valley’s redwood city.
start by optimizing your company page.
by becky livingston
royal apple marketing
so you listed your company on linkedin, but maybe you have forgotten all about it—until now. here are a few tidbits on ways to leverage your linkedin company page to your benefit, including generating leads. read more →
and a washington lobbyist.
but is he exactly what e&y needs as regulators bear down on the big four?