have audit fees hit bottom?
not quite yet, according to a new analysis by cfo magazine. but cfo says “the trend has begun to slow.” “only three of the top eight audit firms showed a drop in fees charged as a percentage of client revenue … continued
billing rate
fox news’ john stossel blames the tax accountants?!
“john stossel is an idiot,” says cpa on tax day blog comment. john stossel takes out his tax day frustrations on his accountant, bob: tax day is looming over america, and john stossel celebrates by dedicating a major part of … continued
cpa net income per partner surges 16%
(what recession?) the surprising thing about aomar’s cpa firm practice management survey 2010 is that there were so few surprises. the study turned up very few significant changes between 2009 and 2010. of course, it’s possible that the major metrics … continued
what do clients want? 34 ways to quantify value
nail this to the wall. tattoo to your wrist. consultant mike mclaughlin knows that the key to selling professional services is all about value. but intangibles can be hard to measure. nevertheless, he says, “every service offer has at least … continued
fee for itemized 1040 to average $229 in 2010, up 10% in past two years
national society of accountants calls prices “affordable.” the national society of accountants biennial survey of nearly 8,000 tax preparers shows the average tax preparation fee for an itemized form 1040 with schedule a and a state tax return is $229. … continued
survey results: tax season workflow trends show improvement
most tax professionals are having at least as good or better season this year. but the economy threatens fees and collections. join the survey; get the updates. the latest data show for the week ended march 15, 34% of practitioners … continued
turbotax responds to price hike outrage
will this calm the first storm of the tax season? intuit inc. has announced that customers using its turbotax desktop software products can now prepare and print multiple returns at no additional cost. “we’re responding to changing market conditions and … continued
guest post: econ 101 for the so-called “staffing shortage”
why do so many cpas seem to not grasp that the most basic economic concept of supply and demand applies to our practices? joseph t. eckelkamp president eckelkamp & associates, cpas instead of continually lamenting shortages of qualified staff, we … continued
billing rates are still robust despite economic turmoil
billing rates at cpa firms remain high, evidence that the marketplace continues to be strong for cpa firm services. despite the economic change and uncertainty that has affected u.s. businesses this year, the value of cpa cpa firms’ services is … continued
billable hour in the extreme
sign found in north texas by ed kless, advertising “a consulting group of corporate escapees.” click all the way through and scroll down a little to see the comments.
get what you’re worth
savvy cpas know the secret. what’s your best tip? sound off here. by rick telberg/at large are you getting paid what you are worth? according to our soundings, those finance and accounting professionals who understand and can express to their … continued