Accounting Firm Leaders Cite ‘Rising Salaries’ As The Second Biggest Problem Facing Their Firms
Accounting Today has published “The 20 biggest problems for firms in 2023” and no one will be surprised to find out that the war for talent ranks #1 among the firms AT surveyed. Talent actually has its tentacles in a number of problems on AT’s list and spills over into several items–capacity issues, burnout, retention. […]
Five Ways to Incorporate Profitability Into Your Practice
It’s official, we have reached the exciting future 1950s sci-fi magazines promised us. We have all the world’s knowledge in a tiny device that fits in our pockets, can get just about anything delivered in two hours or less, and nowadays you don’t even need your hand to open a glove box anymore, just your […]
Quote of the Day: “The War For Talent Is Over. Talent Won.”
Fresh off the presses from CNBC, PwC US Chair Tim Ryan just dropped the mic on the talent shortage: In the headlines, the war for talent is still taking place on two fronts, with a hot labor market still tilted to job seekers even in a cooler economy, and companies testing the power they have […]
Hybrid Work Only Makes It More Obvious How Much Going to the Office Sucks
While there are small pockets of American white collar workers who would welcome a respite from screaming kids and incontinent dogs at home (shout-out to a certain Going Concern team member always regaling us with shitty stories on Zoom calls), a good majority of people have realized that skipping the commute and making your own […]
Terrible Manager Thinks Constant Employee Surveillance Equals Work-Life Balance
In this still-new world of virtual work for office drones everywhere, it’s inevitable that some people find the adjustment to work-from-home harder than others. For some people, their issues revolved around muddy work schedules and a crumbling routine. For others, however, work-from-home exposed one basic fact that has probably been known for quite some time […]
Busting 4 Myths About Remote Accounting Work
You already know by now the remote revolution is upon us. Workers are embracing work from home options and flooding to the gig economy in droves. According to a 2017 report, 3.9 million employees currently work from home at least half the time. That’s a 115% increase in remote workers since 2005. But misconceptions about […]
Why I Have a Strictly Remote Workforce
In 2012, I started an accounting firm, although I didn’t realize that I was starting an accounting firm at the time. I was merely working under contract for a few businesses in the New Orleans area; as I got busier, I started to add help, and voila, Aguillard Accounting was born.
A Working List of Things Accounting Firms Will Be Fretting About in 2018
Disruption Change Disruptive change The pace of disruptive change Whether or not they’ve figured out the cloud Finding qualified talent Millennials Figuring out how to find qualified talent that aren’t millennials The inevitable cyberattack that will result in every client the firm has ever had filing a lawsuit Artificial intelligence making accountants obsolete through automation […]
‘Tis the Season to Hire Seasonal CPAs
I’ve always been jealous of workers in professions who get automatic breaks built into their schedules. Teachers are more excited when school is out for summer than the students. But, did you know that public accounting has a pseudo-equivalent? Seasonal work. Whether it is audit or tax, there are lots of jobs floating around this […]
The Number of Women Partners in Accounting Firms Is Still Abysmal
Earlier this month, the AICPA Women’s Initiatives Executive Committee (WIEC) issued its second CPA Firm Gender Study and its findings are not encouraging. The survey found that partnership on average remains overwhelmingly male. The current survey shows little change from studies done in years past, which have typically found less than one-quarter of the partnership […]
Hysterical Client Comments on Yelp, Facebook, Et al. Should Not Go Unanswered
Yelp, like most social platforms, has its pros and cons. It’s great for all kinds of businesses to get their name out there, and not just restaurants. I found my co-working space on Yelp. I found a garage door service company on Yelp. I found a gas fireplace technician on Yelp. Do you need a […]
Exposure Drafts: The Billable Hour Has Some Kinks
Exposure Drafts appears every other Wednesday. Send your accounting cartoon suggestions to [email protected] and follow Greg Kyte on Twitter.
Embracing Remote Accountants Can Benefit Your Business
Remote working is on the rise. In 2016, 22% of American employees did at least some of their work from home. And for those with advanced degrees over the age of 25, the number is even higher—a full 43% reported working remotely at least some of the time. It may feel natural to some accounting […]
To Most Accounting Students, Small Accounting Firms Don’t Exist
Here’s a fun article by Marc Rosenberg about “how totally uninformed young accountants are about CPA firms.” Now, you might think that this is one of those condescending KIDS TODAY posts, but it’s actually pretty self-aware. Rosenberg offers a picture of a profession that has an enormous perception problem, citing some pretty surprising examples. He […]
There’s a Lack of Talent to Succeed Accounting Firms Because the Talent Doesn’t Exist
A recent survey of accounting firm partners from the CPA Consultants' Alliance found that over half of respondents (51.7%) said procrastination or denial was a primary cause for firms' succession troubles. Another 48.3% of respondents also said that "Lack of future leadership talent" was a primary cause of succession issues. So, some firms have better […]