In a pair of new studies, the Gallup polling organization finds that accountants and the accounting industry remain highly ranked among U.S. consumers for honesty and ethics. In an earlier survey, Gallup found, as well, that the accounting industry scored … Continued
And emerge as one of the market leaders.
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One of the busiest U.S.-owned auditors in China is not one of the Big Four. In fact, it’s Houston-based MaloneBailey, an otherwise local firm of seven partners.
Majority of practitioners reporting improved results.
Complete findings are published in The CPA Trendlines Practitioner’s Tax Season Performance Review and Outlook Report. (Learn more here)
by Rick Telberg
The CPA Trendlines busy-season mood-barometer is showing significantly higher satisfaction and confidence ratings as the profession grinds through one of its best performances in years.
READ MORE →
Tools for balancing work and life in the most special time of year.
By Ira Rosenbloom
Three nights a week and Saturdays. For many accountants, this describes the extra effort that is made to properly service clients during tax season. The quality of life for accountants and their families typically takes a turn for the worse during this special time of year. Most will tolerate the change because it brings cash flow and profits.
But are accountants truly making the most of this extra effort? What if it were possible not only to improve tax season but also to enhance profitability and improve quality of life, as well? Here are ten steps that will give you a better shot at achieving those goals. READ MORE →
Peter Drucker’s wisdom for firms. by Bruce W. Marcus Professional Services Marketing 3.0 At a VeraSage conference not too long ago Ron Baker addressed the question of why no top 100 firms have switched to value billing. But the answer … Continued
Sage Group plc, a leader worldwide but long struggling in the U.S., has embarked on a huge re-branding effort that will eliminate well-known names like Peachtree.
The strategy has met with decidedly mixed reviews. “Rebranding as proposed adds no value,” according to Stephen Blythe, CEO of Blytheco LLC, a Sage Partner of the Year, “and adds significant rebranding costs and significant risk in future sales.”
At CPA Practice Advisor’s Thought Leader Symposium, Sage execs had the chance to explain the strategy.
Dennis Frahmann, Executive Vice President, Corporate Marketing:
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Connie Certusi, Executive Vice President/General Manager, Small Business Accounting Solutions: READ MORE →
And 11 more things for taxpayers to worry about, from the IRS.
The IRS is warning tax payers this year to watch out for a wide range of schemes ranging from identity theft to return preparer fraud.
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The following is the Dirty Dozen tax scams for 2012:
The secret strategies of high-performing 11-50-person firms. by Rick Telberg While increasing revenue and profitability are important to CPA firms sized at 11-50 persons, the paramount concern for the best, highest-achieving “ensemble” firms is gaining new and replacing lost clients. … Continued
Randy Nail named CEO.
In a restructuring designing for agile maneuvering and rapid growth, Tulsa, Okla. accounting firm HoganTaylor has reportedly named a new CEO, promoted a new tax practice leader and created a new board. The new structure, very different from that used in many accounting firms, mirrors the corporate structure found in most businesses. HoganTaylor is the largest public accounting firm in the Oklahoma and northwest Arkansas region with more than 160 employees and two offices in Tulsa, and offices in Oklahoma City and Fayetteville.
Google Exec Backs Cloud Accounting Start-Up, while Xero Raises $16 Million.
Xero online accounting software for small businesses has secured $16.6 million in new funding from existing investors to accelerate growth in the United States. The company recently appointed former Sage vice president and general manager Jamie Sutherland, as president of U.S. operations and doubled its U.S. team.
Meanwhile, Reach Process Outsourcing Ltd. of Chennai, India, has raised a fresh round of angel funding for its portal Reachaccountant.com from investors including Google-India managing director Rajan Anandan, who takes a seat on the board.
Here are just seven types of difficult co-workers. You may know more.
by Sandra Wiley
Anyone who has managed a team has most likely stumbled across a challenging employee. Identifying the challenging behavior is easy; finding ways to change the behavior and motivate the team member so they exhibit superstar qualities is the true challenge.
Why are they so difficult? Why do they continue the unpleasant behavior, even when they are told that it needs to change? Because it is working for them! This is behavior that has worked for them before, and allows them to get what they want.
CPA comedian Greg Kyte’s monthly fun and funny look at new developments in accounting.
The strategic method of growing your firm.
by Gale Cosley
Crosley+Company
When it comes to business building in CPA firms, most partners are too comfortable with random acts of networking.
Traditional banker breakfasts, lawyer lunches and chamber cocktails might have been good enough when the economy was soaring, but not anymore.