Monthly Archives: May 2011

How Some Thrive in Tough Times

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They make all the hard work pay off.

by Rick Telberg

Some tax and accounting practitioners are showing how to deal with the same problems as their peers and competitors, and yet rise above them.

The results can be dazzling.

Overall, 45% of accountants say this busy season was better than last year’s, including 12% who said “much better.”

Indeed, for those lucky few, it was better by almost any measure. Among those who reported operations were “much better” this year: READ MORE →

CPA Firms Cut Salaries for New Grads

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But corporate employers raise starting pay. While most new college graduates are just happy to get a job this Spring, they’re probably happier going to work in business and industry because that’s where the money is. Starting salaries in public accounting are sinking … Continued

Number of Accounting Grads Hits New High

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Hiring plans rebound. Heavy demand for post-grads.

Top line: Undergraduate degrees. Bottom line: Post-graduate degrees. Source: AICPA

via AICPA

Newly minted accountants have some of the brightest job prospects in the nation, with nearly 90 percent of accounting firms forecasting the same or increased hiring of graduates this year compared with 2010, and nearly three quarters, 71 percent, of the largest firms anticipating more hiring – an indicator of a rebounding economy.

READ MORE →

Looking for a Growth Industry? How’s VoIP Sound?

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Expansion through the downturn.

Industry research firm IBISWorld identifies the top 10 fastest growing industries from 2000 to 2016.

 

“After compiling the list of fastest growing industries, there were some apparent trends,” explained IBISWorld Senior Analyst Casey Thormahlen. “Each industry on the list experienced growth as a result of one or more of four drivers: Internet growth, environmental issues, cost cutting and evolving technology.”

1. Internet Growth

It is no surprise that voice over internet protocol (VoIP), e-commerce and online auctions, and Internet publishing and broadcasting top the list. Each is being supported by the increasing popularity of the Internet for communication and business transactions. READ MORE →