Expert Panel: Are You Risking Obsolescence? | Accounting Influencers
Constantly changing landscapes require successful adaptation.
Accounting Influencers
with Rob Brown
OUTLOOK & ANALYSIS
What CPA Firms Could Do Better
Survey respondents have specific suggestions.
By CPA Trendlines Research
People at CPA firms generally think their practice is pretty effective at meeting its objectives with consistency over time.
But only 5 percent think their firm’s doing a great job. And about that many think their firm’s doing a somewhat lousy job.
MORE Barometer: SURVEY: Which Client Industries Will Grow This Year | Tax Preparers Share Advice for Your Clients | Staffing, Tech, Prices Top Tax Pros’ Concerns | Tax Pros Gear Up for a Better Busy Season | Tax Season 2025 Begins. Ready or Not.
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The 2025 Busy Season Barometer is finding that on a scale of 1 to 10, 45 percent of respondents would rate their firm at an 8 or better, and another 25 percent give their firm a so-so 7.
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SURVEY: Which Client Industries Will Grow This Year
Respondents tell us what they’re watching. Does it match what you’re seeing?
By CPA Trendlines Research
Maybe the Pipeline Problem Is Technology
Advances may have had an unintended effect.
By CPA Trendlines Research
Alarms have long been sounding over the dearth of new accounting professionals entering the field. The pipeline of talent running from colleges to entry-level jobs has been trickling just as it needs to gush.
MORE: What If the Staffing Shortage Is Just a Myth? | Staffing, Tech, Prices Top Tax Pros’ Concerns | Five Ways to Fill the Staffing Gap | Top 10 Red Flags to Watch for in Accounting Offices | ARC | Deals 2024: Over 100 CPA Firm Mergers and Acquisitions | Barry Melancon: Private Equity and the Partnership | Gear Up For Growth | Does Your Firm Suffer Cultural Deficiencies? | Audit Fees Continue to Climb | CFOs See AI as Top Risk and Opportunity | Does Accounting Belong in STEM? | Accounting ARC | Opportunity Awaits Incoming AICPA CEO
Exclusively for PRO Members. Log in here or upgrade to PRO today.
Since 2015, the number of graduates with accounting majors has been in steep decline. The number of incoming professionals is by no means keeping up with those who are retiring or switching professions. The vectors point toward an imminent crisis in available talent.
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Tax Preparers Share Advice for Your Clients
Help them prepare for what’s to come.
Join the Busy Season Barometer. Get the results.
By CPA Trendlines Research
Accountants sound worried. When the 2025 Busy Season Barometer survey asked if anyone had advice on how small businesses should prepare for the next 12-18 months, almost half took the time to respond.
MORE Barometer: Staffing, Tech, Prices Top Tax Pros’ Concerns | Tax Pros Gear Up for a Better Busy Season
Exclusively for PRO Members. Log in here or upgrade to PRO today.
Here’s a list of some of the more meaningful responses. Which would apply to your clients? Which should you share with them?
___ Figure out which labor-intensive functions they can automate ASAP. (Andrew Schwartz)
___ Take advantage of near-term opportunities with post-Tax Cuts and Jobs Act legislation (as they become clearer) and provide services/planning for more probable changes in taxes/economy for 3-5 year, 5-10 year and 10 year+ timeframes. (Anthony Aleta) READ MORE →