Daily Archives: June 19, 2013

Congratulations! Your Firm Needs a Human Resources Director

By

Now what?

That’s what a lot of successful firms are asking these days.

As more firms grow, merge and consolidate – and as HR and payroll rules and regs proliferate – it’s no small decision.

After studying hundreds of CPA firms and distilling their best practices, Marc Rosenberg, author of “CPA Firm Management and Governance,” compiled this handy 15-item checklist of responsibilities and duties for CPA Trendlines.

More strategies for growing firms: 12 Best Practices for a CPA Firm Compensation Committee   |   The 19-Point Marketing Director Job Description   |   Billable Hours for Partners: How Much Is Too Much?   |   Charting the Evolution of the Firm Administrator   |   Checklist: How the Best Managing Partners and Firm Admins Work in Concert   |   25 Managing Partners List Best Profitability Ideas in 7 Key Areas   |   Two CPA Firm Committees that Need Explaining: Management and Executive   |   Ten-Point Job Description for the Firm Administrator or COO   |

READ MORE →

‘Unprecedented Demand’ for Accounting Grads

By

Screen Shot 2013-06-19 at 1.37.07 PM

CPA firm hiring tops 40,000 for first time ever.

By Rick Telberg

Bolstering reports of a suddenly surging profession with a high demand for top talent, a new survey of colleges and firms by the AICPA shows that CPA firms are hiring a record number of graduates.

At the same time, the pipeline of accounting students is bulging, suggesting to some that the continuing high demand for new recruits can be met by newly minted graduates for the next few years.

This will come as good news to firms facing growing new-business opportunities, tougher competition and a growing need for entry-level staff.

It does not, however, help alleviate the catastrophic stall in growth dating back to the 1990s with the spread of the so-called 150-hour rule that has left the profession with a gaping hole in its succession and business continuity strategies. The profession, already facing a succession crisis due to the aging-out of the Baby Boomers, now finds itself with a dearth of 40- and 50-something senior managers and junior partners to take over management and control – a fact that a record supply of new graduates won’t correct for 10 or 20 years, if ever.

 

Screen Shot 2013-06-19 at 1.36.23 PM

The good news for hiring: Pipeline fills with huge supply of talent.

The report shows: READ MORE →