Live from the Thomson Reuters User Conference Greg Lafollette reports new survey data from Thomson that shows four in 10 firms suffered revenue declnes last year. The average accounting firm’s revenues grew 1.2%. But the growth was uneven: 40% saw … Continued
78% see no recovery for two years. via TD Bank Sixty-nine percent of chief financial officers and other corporate finance managers at mid-sized businesses say that it’s the intense challenge of managing cash flow that worries them the most, according … Continued
How to take control of your job, help your firm and thrive in adversity.
In “The Five Big Trends Pinching CPA Profits,” Steve Erickson explains how “The Great Recession” is hurting clients, while both reducing revenues for firms and raising costs. Here, he lists six strategies for professional success.
Steve Erickson
www.SteveEricksonLLC.com
The good news from “The Great Recession” is that there will be an ever increasing need for certified public accountants in the future.
As the economy picks up there should be many opportunities for growth. There are many ways you can assist your firm during this time of change and uncertainty.
Popular CCH titles now available on desktop, laptop, iPads, phones. via CCH The most popular CCH books that tax and accounting professionals rely on for answers, guidance and insight are now easier than ever to access and read with CCH’s … Continued
Re-learning the basics of biz dev. In today’s uncertain economy, it seems that CPA firms must be especially agile and adaptable to survive. They must be real “learning organizations.” But what are the characteristics of an agile, adaptable, quick-learning CPA … Continued
Okay, maybe just a chuckle and the occasional groan? We’ve done our best to compile all the (mostly) decent jokes we can find about accountants. (Some are even funny!) Now available in the Bay Street Group Store Click here to … Continued
Remember when it used to be about a staff shortage?
But when we asked John R. Ezell, the veteran accounting firm mergers and acquisitions broker, about key trends for local firms, this is what he said:
John R. Ezell, CPA
ProHorizons Network, Inc
There is still a lot of uncertainty in the economy right now.
Access to clients is the number one driver behind most of the merger and acquisition activity we are seeing. A broader client base means greater client diversity which translates to more stability for an accounting firm.
Federal and state, professors, and practitioners.
There’s something for everybody in this list — one of the best we’ve seen — of blogs for tax geeks and wonks. This list includes four kinds of tax blogs: Tax Policy Blogs by American Professors, “Think Tank” Tax Policy Blogs, State and Local Tax Policy Blogs, Helping American Taxpayers Make Sense Of Policy. Did we miss one? Tell us in Comments. READ MORE →