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PwC US announces $2.4B employee investment

May 06, 2022

Big Four firm PricewaterhouseCoopers announced My+, a new three-year, $2.4 billion program to overhaul employees' benefits and professional experience, on Friday.

  • member news
  • practice management

Is Your Firm 'Merger-Ready'?

April 29, 2022

Accounting firm mergers require a clear definition of success on both sides in order to be successful. In this article, Bill Carlino explains the questions that both buyers and sellers should ask themselves before making this huge decision toward a firm's growth strategy.

  • practice management

Post-pandemic, KPMG CEO stresses staff communication, feedback

April 22, 2022

The sudden wholesale shift to remote work brought on by the COVID-19 pandemic required accounting firms to significantly upgrade the manner and frequency with which they communicate with staff — and for some, like KPMG US, this sudden change in staff communication didn't reflect a flash in the pan, but rather the start of a feedback overhaul.

  • member news
  • practice management

The Best Ways to Market Your Valuation Services

April 22, 2022

Valuation services can be a great way to grow your firm, as long as you market these services using proven strategies. Here, Lee Frederiksen of Hinge Marketing explains why you should consider a new approach to marketing and implement the strategies that high growth firms use to earn new clients.

  • practice management

As finance’s role grows, communication skills are more vital

April 20, 2022

Nearly 90% of nonfinance members of the C-suite believe the finance function's importance has grown in the past two years, and finance leaders themselves are spending more time collaborating with those outside of finance.

  • career resources
  • practice management

How to Have Tough Conversations with Clients

April 11, 2022

If having conversations with your clients about pricing or billing is a challenge, committing to having these discussions might be the first step. Here, Jim Boomer, CEO of Boomer Consulting, provides a few tips for sharpening your soft skills to create an intentional dialog with clients who need reassurance or help facing their financial fears.

  • practice management
  • federal tax

IRS commissioner to senators: ‘Our efforts are working’

April 08, 2022

IRS Commissioner Charles Rettig updated members of the Senate Finance Committee Thursday on the Service's performance in the soon-to-be-concluded tax filing season, as well as longer-term assessments of its efforts to modernize its operations, fill staffing gaps, and improve taxpayer service and enforcement.

  • practice management
  • federal tax

Marketing Yourself as a Sole Practitioner

April 06, 2022

Increasing one’s revenue is very subjective in nature. There is also much tailoring of your details to your goals, which can be an admixture of marketing and personal preferences, such as liking one type of work. For sole practitioners, there is often myriad considerations in this regard.

  • career resources
  • practice management

Remote or the office: Striking the right balance

April 06, 2022

A recent FM magazine podcast guest offers guidance on redesigning work, and the workplace, after the upheavals of the pandemic.

  • business and industry
  • career resources
  • practice management

The War for Talent: 6 Ways Small Companies Can Compete With Big Businesses

April 06, 2022

Smaller companies can still go head-to-head with the big guys to attract and retain top finance talent.

  • business and industry
  • career resources
  • practice management

Retaining Employees After a Difficult Tax Season

April 04, 2022

Employees are feeling more burnt out than ever because of the COVID-19 pandemic, and accountants and CPAs are no exception. In this article, Allison Irvine of LHH Recruitment Solutions explains how companies and firms can stay ahead of the great resignation by creating a workplace culture that encourages flexibility and rewards employees with benefits that matter to them.

  • career resources
  • practice management
  • federal tax

8 Ways CPAs Can Leave a Lasting Legacy

April 03, 2022

Most people want to leave a lasting legacy, and CPAs are no exception. In this article, Joseph Graziano, vice president and wealth management partner at FFP Wealth Management, offers eight strategies CPAs can use for themselves as well as clients. Whether you use a donor advised fund or a charitable remainder trust, leaving a legacy will make a lasting impact on those around you.

  • personal financial planning
  • practice management

Companies say they will pay more to recruit and retain staff

March 30, 2022

More organizations are offering pay increases, flexible working arrangements, and signing bonuses in an attempt to recruit and retain staff in the midst of the Great Resignation.

  • business and industry
  • career resources
  • practice management

Connecticut CPA Magazine Excerpt - Financial Planning and Analysis Tools: Your Organization’s Crystal Ball

March 28, 2022

By Jim Norton, CPA, GRF CPAs & Advisors Budgeting. Planning. Budgeting and planning. Financial planning and analysis. FP&A. Projections. Models. Forecasts. Pro formas. These are just a handful of terms that are often used interchangeably when talking about the process of analyzing an organization’s financial position. The buzz phrase that seems to resonate most with people lately is financial planning and analysis, or FP&A.

  • business and industry
  • practice management
  • technology and cybersecurity

Using Your Firm's Website to Attract Top Talent

March 25, 2022

If your firm doesn't have an updated website, it may be losing out on top-tier candidates searching for their next job. In this article, Lee Frederiksen of Hinge Marketing explains why having an organized and up-to-date website is critical to drawing the attention of today's job seekers.

  • career resources
  • practice management
  • technology and cybersecurity

Why Female Leadership and Innovation Matter

March 25, 2022

The changing face of the accounting industry means more professionals are seeking out jobs where the firm partners are diverse and the approach to tech is innovative. This is especially true for Rachel Fisch, chief growth officer at High Rock Accounting. Here, she discusses why she made a career change last year and what she values most about her new firm.

  • diversity
  • practice management

5 best practices for tax pros in 2022

March 24, 2022

We’re now more than halfway through the 2022 tax return filing season, and I’m often asked for filing best practices — more specifically, best practices for filing income tax returns and dealing with the IRS and state and local taxing authorities.

  • practice management
  • state tax
  • federal tax

5 ways finance can drive cybersecurity preparedness

March 23, 2022

Management accountants can be invaluable in addressing cybersecurity risk.

  • business and industry
  • practice management
  • technology and cybersecurity

Embracing Neurodiversity in the Workplace

March 21, 2022

AccountingWEB is proud to recognize Neurodiversity Celebration Week 2022 (March 21-27) by highlighting how accounting and finance professionals can embrace neurodiversity at their firms by fine-tuning the interview process and improving workplace culture. This will allow you to attract and retain the untapped talent of neurodiverse job seekers.

  • business and industry
  • diversity
  • practice management

4 ways to lean in and discover what employees really want

March 11, 2022

Checking in with staff, piloting ways of working, and using data can allow you to understand better what employees want and retain them.

  • business and industry
  • career resources
  • practice management