CPA Trendlines Strategy Shift Report: Accounting firms around the world reap benefits of easing oil prices, government stimulus and innovation. By Rick Telberg CPA Trendlines Tax and accounting practitioners are heading into a new year and a new busy season markedly more confident and optimistic than they’ve been in years, according to the 10th annual CPA Trendlines Strategy Shift Report. Professionals from Milwaukee to Tucson and Karachi to Kampala are telling CPA Trendlines of brightening business forecasts for their firms in 2015. Top Trends in Emerging Business Strategies Join the survey. Get the results. Fully 71 percent of professionals say they are more than somewhat confident in the business and economic outlook for their firms, with a record 30 percent telling CPA Trendlines they are “highly confident” for the […]
Topic: economic trends
Profession adds 1,400 new jobs in latest month. Next question: Who’s hiring; who’s not. Join the survey; get the answers. By CPA Trendlines With practitioners across the country reporting strong demand for new hires, the nation’s tax, accounting and bookkeeping industries added 1,400 new jobs last month, with some sectors marking new highs for 2014 and approaching the pre-crash peak six years ago. Jennifer Dizon, an audit and advisory partner at Hood & Strong’s San Jose, Calif., office, tells CPA Trendlines her firm is looking to hire. “We need more staff to service business growth,” says Dizon, who is also the newly elected state chapter president of the National Association of Women Business Owners. In Elkhart, Kan., enrolled agent Terri Ryman at Southwest Tax & Accounting says the office […]
Firms now recovered about 9 in 10 jobs lost in financial collapse. By CPA Trendlines The U.S. tax, accounting and bookkeeping industries have recovered nearly 89 percent of the jobs lost in the economic crisis, according to CPA Trendlines sources. CPA Trendlines Careers and Hiring Outlook Job Satisfaction and Retention Benchmarks Here CPA Trendlines reports on: Current hiring trends in each of the bookkeeping, tax, payroll and CPA segments of the industry. Average hourly wages for key segments. Typical hours worked per week. And trends concerning women in the accounting workforce. The U.S. economy as a whole added 209,000 jobs in July. In addition to the growth of 47,000 jobs in professional and business services, increases were seen in […]
The U.S. tax, accounting and bookkeeping industries are turning out to be one of the brightest spots in the nation’s economy, adding jobs faster than all but a handful of sectors, according to CPA Trendlines sources. Here CPA Trendlines reports on: Current hiring trends in each of the bookkeeping, tax, payroll and CPA segments of the industry. Average hourly wages for key segments. Typical hours worked per week. And trends concerning women in the accounting workforce.
What the election means for busy season: Join the survey, get the answers. by Rick Telberg The re-election of President Obama may sweep away a few uncertainties in tax and economic policies that have been stymieing business decision-making. But it also sets the stage for a very busy busy-season, complete with last-minute changes in code and forms. And I’d be surprised if the partisan gridlock in Congress suddenly loosens.
A sign of a full economic recovery for the profession? by Rick Telberg Exclusive to CPA Trendlines CPA firms are shaking off the effects of years of a fee-cutting death-spiral that halted growth, pinched profits and forced painful staff reductions. Instead, firms are now pushing through some of the most aggressive price increases in years, led by audit services, followed by tax prep, bookkeeping and compilations.
NEW SURVEY FINDINGS: Tech Investments, Better Economy, More Complex Returns Buoy Busy Season Outlook
Four in five expect the same or better than last year’s busy season. by Rick Telberg As Busy Season 2012 gets into full gear, tax and accounting professionals are holding steadfast to their confidence that this year’s results could show a marked improvement over last year’s, according to current readings of the profession by CPA Trendlines. With January 2012 just beginning, 55% of accountants expect 2012 to be overall “somewhat” or “much” better than 2011, which is relatively unchanged from readings in November and December. To be sure, 26% expect no change from last year, and 19% are bracing for “worse.” In other findings from the CPA Trendlines busy season barometer and related reports: Accountants Expecting a Better Busy Season […]