Corporate CPAs turn sour on economic outlook…
Best August ever. by Rick Telberg The U.S. accounting and bookkeeping sector of the economy added 3,500 new jobs in August bringing the full-time workforce in the industry to 955,000, a new all-time record high for the month, according to … Continued
Even as firms continue 15-month expansion trend.
Bold growth tactics, big partner cuts. The nation’s 100 largest tax and accounting firms have reversed revenue losses and are accelerating growth in a highly competitive market by relying on a mix of merger, acquisition and selling strategies, according to … Continued
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 … Continued
The economy turns a corner. According to a survey of U.S. accounting firms by Sageworks, 92% of financial professionals believe that businesses will either maintain or increase their employee count in 2012.
Strategy 2012: Battling for Market Share What are your critical challenges for 2012, and what can do you about them? A number of the profession’s leading lights have been sharing their thoughts with Accounting Today. Here’s one: Charles Postal Santos Postal … Continued
A matter for debate. Some say the business has reached maturity (here and here) and may even be in decline (here). Others argue the best and biggest days lie ahead (here). Readers have been weighing in.
One reason why firms can’t ignore wealthcare. No, not if it can outgrow rudimentary compliance services and seize new opportunities in personal financial planning, says Tony Batman, chairman and CEO of 1st Global, which provides investment management capabilities to CPA … Continued
Signs of resignation among sellers. In what may come as mixed news for tax and accounting professionals, the pace of small businesses sold accelerated 8 percent in the second quarter of 2011, but it may be because owners are accepting … Continued
Accounting and bookkeeping sector adds 17,800 jobs in May. In the biggest single-month gain since the recession, the accounting industry added almost 18,000 new jobs in May, bringing the total headcount to 926,300, a 29-month high. In fact, accounting was … Continued
Potential challenge for the profession: demand for new talent eventually could outpace supply…
Expansion through the downturn. Industry research firm IBISWorld identifies the top 10 fastest growing industries from 2000 to 2016. “After compiling the list of fastest growing industries, there were some apparent trends,” explained IBISWorld Senior Analyst Casey Thormahlen. “Each … Continued