Gets Unexpected Boost from Recession as CRM Takes the Lead. via AMI-Partners Small and medium business investments in software-as-a-service applications (excluding CRM and ERP as SaaS) will jump 18% CAGR over the next five years, projects Access Markets International Partners … Continued
Can the profession seize its rightful role in risk management, governance and compliance? Maybe, but it’ll take vision and guts. Do you have what it takes in the post-meltdown world of the new normal?
by Rick Telberg
In the aftermath of the global financial meltdown and the surge of new corporate interest in enterprise-wide risk management, do internal auditors face risks of their own in getting left behind?
Maybe so, according to some prominent thought leaders in the profession.
After surveying more than 2,000 executives across 50 regions of the globe, researchers at PricewaterhouseCoopers report that internal auditors are being challenged “to remain relevant and meet stakeholder demands” in ways like never before.
What’s required today, according to Brian Brown, PwC principal and Internal Audit Advisory Services leader, is a whole new, and somewhat unnerving, concept of the internal auditor, a new vision Brown and his colleagues call “Internal Audit 2.0.” More than simply checking accounts, internal auditors need to adopt a new way of thinking about their job that goes beyond audit as we’ve known it and embraces the fast-developing body of knowledge in governance, risk and compliance. Or else, Brown says, they run the risk of becoming marginalized and obsolete as new risk-management professionals take over.
AICPA survey shows 46% of Americans have cut spending and increased saving. Via AICPA Although 54 percent of adult Americans say they’ve not been able to save money over the last 12 months, a surprisingly large number have been able … Continued
Still, many firms are reporting one of their most profitable seasons in years, with more extensions and higher revenue per client. . Click here to join the survey and get the results as they develop. . And accountants are decidedly … Continued
Yesterday, in “The Three Ms of Success for CPA Firms,” I wrote about business icon Herb Kelleher’s reputation for chain-smoking, Wild Turkey whiskey and his “dressing up as Elvis.” And I added, “As for the Keller I know, she does … Continued
What Rita Keller teaches us from Southwest Airlines’ legendary founder.
by Rick Telberg
It’s been a rollercoaster ride in the past few years, with firms at first drowning in work, followed by a crippling staff shortage, then a market crash and belt-tightening, then re-expansion with a broadly profitable busy season. So a few weeks of peace and quiet this summer could seem appealing to staff and management alike.
But management guru Rita Keller is here to tell you that you can’t afford much rest. “There’s work to do,” she says about cleaning up rusty and outmoded CPA firm management practices. Keller has a message for firms to focus on marketing, mentoring and managing — the three Ms.
While starting salaries for many others decline Starting salary offers to the college Class of 2010 are down compared to last year at this time, according to a new report from the National Association of Colleges and Employers. But both … Continued
…then your CPA firm may be below average. Sageworks, a Raleigh, N.C.-based business analytics software provider, reports in Forbes that CPA firms may just be the most profitable business an entrepreneur can choose. The offices of CPAs tops a list … Continued