WHITE PAPER: Recruiting the Best Talent

“CPA wanted…” just won’t cut it anymore.

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Analysis by Bruce W. Marcus
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EXECUTIVE SUMMARY

“CPA wanted. At least 5 years experience with audits. Tax experience a plus. Benefits.”

It’s amazing how much recruiting advertising is as sparse as that, seeking accounting professionals with the same limited imagination that a storekeeper might use to hire someone to sweep the floor.

No wonder recruiting is such a problem for accounting firms and finance departments.

In these days of acute shortages of trained and experienced professional personnel, in an era of intensive competition between firms for superior personnel, it’s startling to see recruiting techniques that may have worked in the depression years, but are certainly not up to the needs of today’s accounting firms.

Of all the competitive points faced today by accounting firms, perhaps the most urgent is recruiting. With the explosion of work caused by new regulation, such as Sarbanes-Oxley, with the shortage of much needed skilled professionals, especially those versed in new regulations and technologies, with the competition for this kind of talent most urgently needed in smaller communities and particularly in smaller firms, with greater demands from an increasingly sophisticated clientele, new views of recruiting become a major concern.

MORE…
— 9 Essential Ingredients to Fixing the Problem
— 4 Management Techniques You Must know

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‘Tis the Season for Gearing Up

What’s on your holiday wish list? Sound off here.

by Rick Telberg
At Large

That shiver you feel could be the first chilly breezes before winter. Or it could be the imminent start of busy season.

With tax prep being a core revenue-producing application in many practices, the time to consider what your office will need is well before the end of the year. But let’s not forget auditors and finance managers. They’re facing busy seasons of their own. And many will have the same questions, issues and wish lists.

Judging from the buzz in the profession, the top issues this year seem to be paperless office, dual monitors, Microsoft Vista and possible post-holiday hardware price cuts.

It doesn’t matter whether the upcoming tax season is your first as an independent preparer or you’ve been grinding out returns for years — it pays to completely assess your needs each and every year. In performing this assessment, consider five critical areas: software, hardware, infrastructure, procedures and — the new one this year — connectivity. READ MORE →

Financial Consulting Group Funds Research Initiative

Private Entities Research Effort Marks First Time a College or University Focuses on Valuation Research

TAMPA, FLA. (News Release) – The Financial Consulting Group L.C. has entered into an agreement with the University of South Florida School of Accountancy to fund and support the Private Equities Endowed Research Initiative at USF. The School will conduct research to create and manage value in closely-held profit and non-profit entities. READ MORE →