And 5 practical ideas to implement measures to create real work-life balance at your firm. By Hitendra Patil Pransform Inc. Do you want employees who have: greater engagement in their jobs higher levels of job satisfaction stronger intentions to remain with their employers less negative and stressful spillover from job to home less negative spillover from home to job better mental health Aren’t these the things most accounting firms would want their employees to experience?
Create competitive value by combining practitioners and educators on the same team. By Michael Ramos and Cate Miller CPAs bring a diverse range of skills to any business problem. At small firms, partners wear many hats, including management of the learning function. But as firms grow, it soon becomes apparent that one of the firm’s partners – no matter how talented he or she may be – is not functioning at their highest and best use if they have to manage the entire learning function on their own. Part 3 in a 3-Part Series: Run Training Like a Business Part 1: 4 Steps to Get More from Your Training Budget Part 2: How to Manage CPE by the Numbers […]
Your protégée may have concerns. You should anticipate them. By Ida O. Abbott Sponsoring Women: What Men Need to Know If you are concerned about the possibility of sex-related problems, consider the degree of risk involved and whether you are willing to assume it. Before you decide, consider first that you might be exaggerating the risk, and second that this is a risk that can be prevented and managed. MORE ON SPONSORING WOMEN FOR LEADERSHIP: Your Protégée Needs Your Feedback | 9 Ways to Promote Your Protégée to Others | 8 Ways to Help Your Protégée Focus on Career Opportunities | How to Start an Effective Sponsorship … and Follow Through | 3 Roadblocks to Women and Men Working Together […]
Your protégée needs you to have her back. By Ida O. Abbott Sponsoring Women: What Men Need to Know A talented, ambitious woman who works less than full time or takes extended family leave is extremely vulnerable to being derailed professionally. Whether because she is “out of sight/out of mind,” or because people doubt her commitment, she may be disregarded for promotions or high-profile projects. MORE ON SPONSORING WOMEN FOR LEADERSHIP: Your Protégée Needs Your Feedback | 9 Ways to Promote Your Protégée to Others | 8 Ways to Help Your Protégée Focus on Career Opportunities | How to Establish a Sponsor-Protégée Relationship | Women Must See Politics as Leadership to Get Ahead | Mommy Bias Persists | Different Standards, […]
It’s a 1.8 percent hike from boom times. We’ll take it. The U.S. tax, accounting and bookkeeping industries have fully rebounded, surpassing the previous January 2008 peak, 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. While cheering the recovery, the new employment trends represent intensifying competition for talent, as well as clients.
But sometimes it’s going to be tricky. By Ida O. Abbott Sponsoring Women: What Men Need to Know Feedback is important at any level of professional development. But for a woman trying to become a leader, honest, clear and practical feedback is essential. She needs to know both how well she is performing and how to project the image she wants others to have of her.
Developing and monitoring learning metrics. By Michael Ramos and Cate Miller Accounting is the language of business. CPAs help business owners understand and manage their business by analyzing financial and non-financial metrics. To improve the results of the firm’s professional development efforts, those same financial management skills can be used to manage the learning function. Part 2 in a 3-Part Series: Run Training Like a Business Part 1: 4 Steps to Get More from Your Training Budget Part 2: How to Manage CPE by the Numbers Part 3: How to Build a Powerhouse Learning Team Measurable goals provide: Credibility to the learning strategy. CPAs value measurable results, and communicating measurable learning goals across the firm […]
Project management for accountants, by Ed Mendlowitz, the CPA Trendlines Practice Doctor…
By Ed Mendlowitz The CPA Trendlines Practice Doctor QUESTION: I need to hire an experienced person and am looking for someone with two to three years’ experience. I know you don’t think this is advisable. Why not? RESPONSE: If you hire people who already had their first job, the chances are they were not trained your way, and something happened that made them want to leave that is still in them and will be duplicated in some form in your firm.
EY and UT Austin top professors poll. In considering job offers from competing accounting firms, the most highly sought-after students weigh three criteria equally, and it doesn’t much matter whether the offer is for big money or whether it’s from a Big Four firm anymore, according to a leading survey of several hundred college accounting professors. Students today consider compensation and benefits, “work/life balance and a family-friendly environment” and a desirable geographic location each about equally, according to the 33rd Annual professors Survey for 2014 by Public Accounting Report. The difference is barely discernible, PAR reports. On a scale of 0 through 10, with 10 being the most important, professors marginally differentiated between the three in order of importance. They rated compensation and […]
How to run your training like a business. By Michael Ramos and Cate Miller With CPA firms spending 1.5 percent to 2.0 percent of revenue on learning, budgets can be hundreds of thousands of dollars even for a modest-sized firm. But firms invest in learning because it is a critical component in addressing many of the top issues facing CPA firms today. Part 1 in a 3-Part Series: Run Training Like a Business Part 1: 4 Steps to Get More from Your Training Budget Part 2: How to Manage CPE by the Numbers Part 3: How to Build a Powerhouse Learning Team . The best organizations view learning as an investment, and they manage their investment the same way […]
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 […]