no. 1: get out of my way and let me work. as important as a paycheck is to accounting firm staffers, compensation is not the top motivator at work, according to the 2010 career development survey sponsored by inside public … continued
money lures one in five staffers to new job. newly released survey data show that almost 20 percent of cpa firms’ junior staff, those with three years of experience or less, plan to leave their current firm by the end … continued
making partner in an accounting firm is not what it used to be.
by rick telberg
traditionally, becoming a partner in a cpa firm meant the end of a long, hard slog of grunt work and extended hours. but in today’s competitive environment, making partner is only the beginning of a new chapter of risks and challenges. and the work isn’t getting any easier.
today’s top cpa firm leaders are looking for new ways of building successful, enduring organizations. according to accounting firm management consultant august aquila, the culture of collegiality that gave way to a culture of entitlement is giving way to a new culture of performance and accountability.
“the lack of accountability can have a real impact on a firm’s profits,” aquila says. and with today’s shortage of high-level talent, new pressures to produce value for clients, and a white-knuckled squeeze on profits, holding leaders accountable has rarely been more critical to survival and success.
“but accountability is hard to implement,” aquila says, leading firms to make some common mistakes, like turning it into a checklist, or simply logging more information about evermore-minute activities.
industry shows steady expansion since june. by rick telberg as the nation’s jobless rate ticked up to 9.6%, the accounting and bookkeeping industry showed a new upward trend by adding 3,700 new jobs in the latest month, according to the … continued
strong showing from midsized accounting firms through recession. the soon-to-be-released rosenberg map survey of over 400 mid-market cpa firms is expected to show average net income per partner of $354,000, down 3% from the year before. marc rosenberg, the creator … continued
sales, profits, payrolls under pressure. dreary new economic trend reports from sageworks and adp are mirroring last week’s dismal findings from intuit, surepayroll and the u.s. bureau of labor statistics. adp’s monthly payroll survey shows american business added a paltry … continued
the bureau of labor statistics reported today in its monthly employment situation report that the accounting and bookkeeping sector gained a preliminary 1,100 jobs in april, reaching a seasonally adjusted workforce of 912,200.
and 5 things you can do about it. by rick telberg the next 15 years could see as many mergers or acquisitions among accounting firms as we’ve seen in the last 100, according to conventional wisdom. the reasons, of course, … continued
(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
no fee growth across all sizes of firm by marc rosenberg, cpa the mantra in 2009 was “flat is up,” which meant that cpa firms would gladly settle for 2009 revenues that simply held firm at the 2008 level, given … continued
seasonally-adjusted workforce declined to 916,800 in february. that’s 3,600 off from january’s 920,400 headcount, and the february 2008 level of 947,000, according to today’s employment situation report from the labor department bureau of labor statistics for the accounting and bookkeeping … continued
bls reports workforce at seasonally adjusted 930,500. january’s 930,500 roster represents a seasonally adjusted gain of about 10%, one of the largest month–to-month changes in recent memory. january’s gain followed a 2,700-jobs gain in december, to 918,4000, a figure which … continued
especially cpas. the new “occupational handbook” from the bureau of labor statistics at the department of labor reports that job growth for accountants and auditors should surpass 20% through 2018. the prospects are especially bright for cpas, according to the … continued