After five years in a row of gains, revenue and billing-rate increases have slowed. Instead, headcounts and salaries are advancing faster, eating into profit growth. According to the annual American Lawyer magazine ranking of the top 100 firms in the … Continued
Some 57 percent of key AICPA members are pessimistic or very pessimistic about the economic outlook for the U.S. over the next 12 months. That’s relatively unchanged from 59 percent who held negative expectations in the first quarter. The survey … Continued
While Ames Research compiles its list of auditors and fees, a few nuggets have slipped out. PwC is flat and BDO and McGladrey are down. Is the SarbOx Boom over? Average Fees Change, FY06 to FY07 (Companies over $500 million) … Continued
Top tips from finance and accounting professionals. Is your firm a “leader” or “laggard?” Join the discussion. by Rick Telberg With consumers cutting back and CPAs getting gloomier, accountants and finance managers are rolling up their sleeves to find recession-busting … Continued
Revamped SaaS Developer Raises $29 Million in Past Nine Months. Intacct, a revived up-and-comer in on-demand financial management and accounting applications, said it has raised an additional $15 million of financing in a round led by Bessemer Venture Partners. Existing … Continued