Seven Ways to Win the Talent Wars

How small firms can beat the staffing shortage.https://cpatrendlines.com/2020/09/18/better-talent-drives-better-results/

By Frank Stitely
The Relentless CPA

The following story brought tears to my eyes while I sat in a Barbados resort drinking some alcohol concoction. Was it the alcohol talking or the happy ending where I got a profit distribution check? Maybe a little of both.

MORE: Who’s Your Most Valuable Employee? | How to Implement the Laziness Equation | The Happier, Saner, Richer Tax Firm | ‘Quick Questions’ and Other Client Sins | How to Train Clients | Avoiding Projects Hung Up in Process | When Clients Create Errors
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The afternoon before I left for beautiful Barbados, the partner group of our outsourced accounting practice met for a state of the practice meeting conducted by our director of outsourced accounting.
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Why Small Firms Can Win the Talent Wars

Seven keys to beating the staffing shortage.https://cpatrendlines.com/2020/09/18/better-talent-drives-better-results/

By Frank Stitely
The Relentless CPA

The following story brought tears to my eyes while I sat in a Barbados resort drinking some alcohol concoction. Was it the alcohol talking or the happy ending where I got a profit distribution check? Maybe a little of both.

MORE: The Fool in the Room | Calculating and Cutting Turnaround Time | Debunking the Demise of the CPA Firm | How Many Tax Preparers Do You Need? | How to Teach Reviewing and Time Management | 3 Tips for Handling Rookie Tax Preparers | Some Uncommon Advice on Hiring Full-Time Staff | What Goes Into a Client Project?
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The afternoon before I left for beautiful Barbados, the partner group of our outsourced accounting practice met for a state of the practice meeting conducted by our director of outsourced accounting.
READ MORE →

The Seven Factors Keeping Accounting Firms Afloat Amid COVID-19

And the top five survival strategies, according to CPA Trendlines Research.

Confirmed cases. Source: jhu.edu

CPA Trendlines Business Barometer:
How accountants are managing:
Join the survey. Get the results.

By CPA Trendlines Research

Under the historically unprecedented pressures of the Covid-19 pandemic, U.S. accounting firms large and small are adapting as fast as they can—or rather, as fast as they must.

MORE:  Feeling the Pain? The Biggest Job Losses by Client Sector  |  Tax Season Pivots to Covid Rescue Season  |  How Accountants Are Coping with COVID-19 |  SURVEY: Confronting Coronavirus Chaos | Planning for the Coronavirus Recession | Tax Season Turns Ugly under Coronavirus | Tax Season Turns Ugly under Coronavirus | Coronavirus Culture-Shift Hits Accounting Firms | 41 Items to Check on Business Tax Returns | Tax Season Funnies: The Poetic Versions | How to Stop Drowning in COVID Tax Deadlines [Webinar]

CPA Trendlines is providing FREE access to some of our latest coronavirus crisis updates: Start here for a guide to all our free coverage.

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Practitioners are striving, struggling, scrambling to do what they have always done, and on top of that, to learn what they never knew in order to serve clients as in ways they needed to before.

Less than three months from when the first cases were reported, the pandemic has taken the lives of over 70,000 Americans and is approaching 3,000 deaths a day. While the pandemic has been a shock to the economy, tax and accounting practices appear to be maneuvering through it better than many other businesses.

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Smart Trust in the Workplace

…This concept is found in the Stephen M.R. Covey and Greg Link book, “Smart Trust: Creating Prosperity, Energy, and Joy in a Low-Trust World.” Covey In his earlier book, “The…

3 Predictions About the Computers of Tomorrow

Illustration of processorMoore’s Law may be over soon.

By Rick Richardson

“Moore’s Law is over,” said Mike Muller, chief technology officer at chip designer Arm, the Japanese-owned company whose processor cores are found inside most mobile phones.

MORE TECH THIS WEEK: Robot Teachers Might Be the Largest Internet Business in 2030 | Add This Phrase for Mobile Check Deposits | In Cybersecurity, Why Tokenization Beats Encryption | Smart Cities Rely on Public Cloud and Edge Computing | Amazon Offers New Delivery Service for Buildings | EY’s ‘Day One Ready’ Creates Needed Competencies of the Future | Your Next Bank Card Might Have a Fingerprint Scanner Built In | How Blockchain Is Changing Our World
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Given Moore’s Law has been the engine driving the breakneck pace at which computers have advanced over the past 50 years, this statement might seem worrying.
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True Diversity: The Next Frontier for the Accounting Industry

Jennifer Scott SUM Innovation HR
Scott

Understanding the Business Case in the Tax & Accounting Workplace.

By Jennifer Scott
SUM Innovation

Workplace diversity may best be described as the blend of individual and organizational characteristics, values, beliefs, experiences, and behaviors — all coming together to achieve a company’s vision.

Catch SUM Innovation founder and CEO Mathew Heggem discussing “The Art of HR” with Jason Blumer and Greg Kyte in a Thriveal podcast here.

Vision is an important concept for small businesses. There are multiple definitions of the word: the sense of sight, a thought or perception, an apparition, even an amazingly beautiful image. But in a business context, a vision is a future-focused statement about what an organization intends to become.

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Password Managers: Yes or NO?

But you don’t need to ask why. By Greg Lafollette Password managers have been in the news as of late. Unfortunately, the news has not been good. Multiple security breaches…

The 10,000 Steps a Day Myth

Woman using activity tracker at gymHow fitness apps can do more harm than good.

By Rick Richardson
Technology This Week

Around 21 million fitness trackers were sold in 2016 and the 2017 forecast by Gartner is 25 million, with the promise of monitoring and improving activity levels.

MORE TECH THIS WEEK: Tiny Recorder Also Transcribes | Starbucks Launches Voice-Activated Ordering | New Satellites Will Soon Allow Flights to Be Tracked in Real Time  | New Device Prevents Insulin Overdoses | Charge Your Phone With the Fabric in Your Sweater | The 10-Digit Passcode to Your Private Life
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Devices and health apps that advise people to walk 10,000 steps a day could be doing more harm than good, scientists have warned.
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