U.S. Accounting Pay Beats London, but Not Asia

New global study shows 43 percent of accountants are ready to jump ship. Here’s why. By CPA Trendlines Research The war for top talent in the U.S. accountancy profession is spreading worldwide, fueled by growth and increased confidence, according to … Continued

6 Reasons Why CPA Firms Fail in Innovation

The compensation trap that turns winners into losers. By August Aquila Creating the Effective Partnership The focus on most CPA firms is on billable hours. While there is nothing inherently wrong with this focus, it has become the overriding focus … Continued

CPA Trendlines Forum: Tax Season Prep Tips?

Readers’ Forum: Hours worked. Firing clients. Setting prices. Chris Basom, managing partner of Your Money Matters in Mission Viejo, Calif., wants to know the “one thing you wanted to implement before tax season but just couldn’t get to.” “Is cash … Continued

How to Use Compensation to Keep Partners Engaged

The 9 essential elements for a successful partner comp plan. By Robert J. Lees and August J. Aquila Creating the Effective Partnership Every compensation plan should be constructed to help the firm achieve its strategic goals, including servicing its clients … Continued