This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
However, in 2025, many CPAfirms will be dealing with a challenge that is far from new: attracting skilled talent. Meanwhile, the talent shortage in public accounting is worsening as more baby boomers retire, and fewer young professionals enter the field and pursue the CPA designation.
Succession planning is a crucial element in the strategic management of any organization, and CPAfirms are no exception. Prioritizing succession planning can help you improve your talent management while building a sustainable future for your CPAfirm. Saah earned a finance degree from Virginia Tech.
Succession planning is a crucial element in the strategic management of any organization, and CPAfirms are no exception. Prioritizing succession planning can help you improve your talent management while building a sustainable future for your CPAfirm. Saah earned a finance degree from Virginia Tech.
If employee retention isn’t already a priority focus for your CPAfirm, you may want to make it one — and soon. The latest Salary Guide From Robert Half reports that the CPA is a credential in high demand. So, there’s no time to waste in stepping up your retention efforts to hold on to valued staff at your CPAfirm.
However, it doesn’t mean CPAfirms are finding it any easier to staff available positions — or hold on to the valued employees they already have in place. Our research provides some answers that can help CPAfirms with hiring and retention. This is good news for employers overall. Robert Half’s research on U.S.
Here’s some news from the labor market that’s both good and bad for CPAfirm leaders and other employers of accounting and finance talent. The upside for CPAfirms is that retaining talent should be a little easier, at least for the near term. Does your firm offer jobs, or careers?
Hiring contract talent is an effective solution to overcome staffing gaps, and one that many CPAfirms are conditioned to using, especially during peak workload periods like tax season. A scalable talent model allows your CPAfirm to access specialized skills when and for as long as you need them.
CPAfirm leaders outlining staffing plans for the coming year can’t help but worry if they will hit their hiring goals. CPAfirms are bearing the brunt of other trends, too, like the dwindling population of college students graduating with accounting degrees. Saah earned a finance degree from Virginia Tech.
CPAfirm leaders that view their multigenerational workforce as a source of competitive advantage have the right outlook. But harnessing the strengths of each group, from the Silent Generation to Generation Z, can create significant upside for your business — and help position your firm for future success. By Steve Saah.
Suttle & Stalnaker, PLLC, a full-service certified public accounting and consulting firm with offices in West Virginia, will celebrate 50 years of serving clients in and around the Mountain State in 2023. Through strategic growth and mergers, the firm currently operates offices in Charleston, Morgantown, and Parkersburg.
Suttle & Stalnaker, West Virginia’s largest locally owned CPAfirm, has merged with Huntington-based Somerville & Company, PLLC, effective August 1, 2023. The combination of the strength of both firms will enhance the support of and service offerings to local businesses and organizations.
If employee retention isn’t already a priority focus for your CPAfirm, you may want to make it one — and soon. The latest Salary Guide From Robert Half reports that the CPA is a credential in high demand. So, there’s no time to waste in stepping up your retention efforts to hold on to valued staff at your CPAfirm.
Top 25 accounting firm Cherry Bekaert has acquired DeBlanc, Murphy & Murphy, a Waldorf, MD-based CPAfirm specializing in accounting, tax, and advisory services. Financial terms of the deal weren’t disclosed. The combined team will operate under the Cherry Bekaert brand.
Hiring contract talent is an effective solution to overcome staffing gaps, and one that many CPAfirms are conditioned to using, especially during peak workload periods like tax season. A scalable talent model allows your CPAfirm to access specialized skills when and for as long as you need them.
Brian Tankersley, CPA, and Randy Johnston review HubSync , an all-in-one, modern client platform which automates the tax return and other key processes and provides a single gateway to drive “Best-in-Class” collaboration between professionals and their clients. Now, hub sync is out of Alexandria, Virginia. By our latest count.
There is no need to alert this audience to the acute shortage of CPA talent. But it’s still worth underscoring how important it is for CPAfirm leaders to closely monitor the job satisfaction of these precious resources — especially at a time when many of these professionals might be thinking about making a job change soon.
Sadly, I had to argue with them over their own language in black and white on how… — Eric Pierre, CPA (@yourfavecpa) February 22, 2024 Deloitte’s Adam Powick wrestles with the complaints of former staff and directors about the pressure to perform in a gruelling corporate culture. in last 12 months.
CPAfirm leaders that view their multigenerational workforce as a source of competitive advantage have the right outlook. But harnessing the strengths of each group, from the Silent Generation to Generation Z, can create significant upside for your business — and help position your firm for future success.
Contact Us The post The Auditor of Public Accounts Oversight of Virginia Local Governments: Key Takeaways Impacting Your 2023 Audit and Financial Reporting appeared first on Cherry Bekaert. Discover our State & Local Government Services.
When you incorporate predictive analytics, generative AI and other advanced technologies into everyday workflows at your CPAfirm, you are taking on much more than a technology upgrade. By Steve Saah. However, you don’t have to wait for tomorrow to realize the benefits of AI adoption.
There are several ways accounting professionals and organizations can benefit from upskilling and reskilling online — whether to prepare for the CPA exam, build cutting-edge analytic capabilities, or create a new talent strategy. CPAs are becoming strategic advisors who must understand how to leverage technology to solve business problems.
Start with the fundamentals You didn’t become an accountant or CPA overnight. Consider recent research conducted by Thomson Reuters Institute that found one in 10 professionals in accounting firms and corporate tax departments are already using some form of generative AI on a widescale basis. Here are four ways to do it: 1.
Colleen Endres and Anita Goetz (and I) are all former National Presidents of the CPAFirm Management Association and our friendship goes back at least three decades. Hancock, owner of Ellerslie Stud in Albemarle County, Virginia, and has been operated by members of his family ever since. It was established in 1910 by Arthur B.
CPAfirms constantly seek ways to boost efficiency, enhance client satisfaction, and drive growth. While technology and strategies play crucial roles, one often overlooked element can be the key to unlocking your firm’s full potential: document management.
Ryan received both his Bachelor’s and Master’s degrees from West Virginia University. He is a licensed CPA and a member of ACG San Francisco. She is a licensed CPA. Valene Faulkner Joins Firm as Manager of Tax Advisory Services Schneider Downs & Co.
Boston, Massachusetts Zachary Smargon, CPA, MSA, of South Boston, MA, has been promoted to Manager in the assurance practice. Woburn, Massachusetts Amanda Auriemma, CPA, of Wakefield, MA, has been promoted to Manager in the assurance practice.
But for CPAfirm leaders, it’s difficult to focus on the future when you’re dealing with a host of immediate business priorities. If your CPAfirm is feeling the impacts of the talent shortage acutely, you’re in good company. This is also against the backdrop of tax season, one of the busiest times of the year.
The right solution also eases the workload on your staff, helping your CPAFirm or Payroll Service Bureau achieve more. Effective payroll software ensures accuracy, compliance, and operational efficiency, providing a competitive edge. It supports client retention, improves ROI, and facilitates business growth.
It exists to take the pain out of processes and let professionals working in CPA fi rms and businesses comply with regulations, drive productivity, and better engage with key stakeholders. million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system?
Schneider Downs is a Top 60 independent Certified Public Accounting (CPA) firm providing accounting, tax, audit, and consulting services to public and private companies, not-for-profit organizations and global companies. The firm also offers risk advisory, wealth management, personal financial services and retirement plan solutions.
He did not have a CPA license. Investors Wooed By Big Accounting Firm And Law Firm – It Was All False [ Lexology ] Investors were assured not just by Mr. Ridall but the documents he furnished. . But Brown did not have the degrees he said he held. He never worked at PriceWaterhouseCoopers.
Virginia Society of CPAs is tackling the question “ is 150 too many? ” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a barrier to becoming a CPA?
EisnerAmper Merges in Maryland Firm. Herbein + Company Acquires Organizational Psychology Firm. UHY Acquires Michigan Firm. And one more to add to the bunch from CPA Practice Advisor: CLA to Combine with Top 200 CPAFirm Concannon Miller. Accountant jailed for two years, stripped of CPA designation, for $1.3M
A tax manager at a small firm decided to start responding to all the desperate recruiters in her inbox and wrote an op-ed in AT about why nO oNE wAnTS tO WoRk ANyMoRE: It’s not that there’s a lack of credible, successful and even intelligent candidates out there looking for work.
Along came the devastation of Hurricane Helene and the appropriate extensions granted in seven jurisdictions, including the entire states of Alabama, Georgia, North Carolina, and South Carolina, plus parts of Florida, Tennessee, and Virginia. Batch Extensions from HubSync : Helps CPAfirms prepare extensions in bulk.
David McKee and David Morris are joined by a core team of senior M&A professionals who share many years of working together at previous firms including Dave Asher , Director; Paul Johnson , Director; Geoff Orland , Director; and Nathan Pearson , Director who bring deep M&A operations and technology diligence and execution experience.
Randy Johnston and Brian Tankersley, CPA, discuss technologies presented at the the 2023 Thomson Reuters Synergy user conference. Intro: Welcome to the technology lab presented by CPA Practice Advisor with your hosts, Randy Johnston and Brian Tankersley. Use the podcast player below to listen. SPEAKERS Randy Johnston, Brian F.
Top 20 accounting firm EisnerAmper announced its largest new partner class in the firm’s history on Aug. 1, with nine joining the partnership at EisnerAmper LLP and 14 added to the partnership at Eisner Advisory Group.
Imagine the dirty looks PwC partners get from the other Big 4 partners at the country club now [link] — Going Concern (@going_concern) January 4, 2024 Office Space Armada Hoffler Finalizes Lease with KPMG LLP at Town Center of Virginia Beach [ Yahoo! CPA Tom Janney Announces Retirement [ WJLE ] Local stories like these are so cute.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content