and what it means for accountants and the client of the future.
by david bergstein
wolters kluwer
the digital future is coming faster than you think.
blockbuster, a store featuring rental videos and dvds, once had over 4,000 locations in the united states. they filed for bankruptcy in 2010 and were eventually sold to the dish network, which kept about 500 stores open.
four in five expect the same or better than last year’s busy season.
by rick telberg
as busy season 2012 gets into full gear, tax and accounting professionals are holding steadfast to their confidence that this year’s results could show a marked improvement over last year’s, according to current readings of the profession by 卡塔尔世界杯常规比赛时间.
with january 2012 just beginning, 55% of accountants expect 2012 to be overall “somewhat” or “much” better than 2011, which is relatively unchanged from readings in november and december. to be sure, 26% expect no change from last year, and 19% are bracing for “worse.”
in other findings from the 卡塔尔世界杯常规比赛时间 busy season barometer and related reports:
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)
toshiba rolls out 14-inch mobile pc monitor. you’re accustomed to dual monitors in the office, why not on the road? with the toshiba usb mobile lcd monitor attached to your laptop, you’ll have all the room you need to multi-task … continued
and 29% chance you’re on a tablet.
the oklahoma cpa society has released findings from its latest member survey on technology.
highlights:
plus: top 10 reasons why.
an alarming number of audit professionals are failing to leverage modern data analytics techniques to uncover financial fraud, according to preliminary results from a new survey by auditnet, a clearinghouse of resources for auditors.
which tools are auditors using to uncover fraud today?
join the survey; get the results.
learn a lesson from how the payroll market evolved.
by patrick bonnaure
www.proledge.com
twenty years ago, the vast majority of accounting firms provided payroll to their small business clients. then came payroll specialists like paychex and adp, and the rules of the game changed. nowadays, if your firm provides payroll, you’re the exception. bookkeeping is following the same trend, with a lag of a couple of decades. if your accounting firm is providing bookkeeping, it is time to look at it strategically and understand how it fits in the bigger picture.
new workflows require new labor models.
by steve erickson
steve erickson llc
i have been giving quite a bit of thought to the cost/price squeeze facing many cpa firms. salary and benefit costs are at an all time high as a percentage of net revenue and profit margins have been decreasing for a number of years.
practitioners and experts seem to agree this coming tax season should be markedly better than last year’s.
and last year, for most, was better than the year before. we caught up with a few of the best-informed people in the business at the 2011 cch user conference.
click on this video to start the playlist:
david primes, cpa.citp and a longtime technology trailblazer in the profession, talks about what’s next in mobile capabilities for cpas. we caught up with him at the 2011 cch users conference. as a speaker and consultant on computer topics, primes … continued
cch president and ceo mike sabbatis calls on the profession to brace for the challenges ahead by adopting “future-ready” processes today.
most tax and accounting firms are falling behind in their operating practices and processes, according to a new survey.
and, astoundingly, they know it and admit that it may take them years to catch up.
iphone and ipad users can click here; androids here.
via cch
cch is launching a free tax news highlights app for iphones, ipads and android devices
the app was spearheaded by cch’s newly formed agile publishing solutions team, a rapid development prototype team.
for now, the cch tax news highlights app focuses solely on the most up-to-date federal and state tax news headlines – available at the touch of a screen icon. the app has the ability to grow into a much larger information content source designed for professionals, educators and students for all relevant tax and accounting news.
high performing firms continue, year after year, to experience measurable increases in productivity, by a margin of 6-to-1 over low-performing firms