News
Effectively Build Your Firm’s Hybrid Work Culture
March 09, 2022
Clearly, hybrid work offers many benefits, but it also comes with some complications. Here Boomer Consulting CEO Jim Boomer offers three considerations for making hybrid work effective.
Is a Practice Automation Boom Coming?
March 03, 2022
After two years of sprinting to stand still during the pandemic, the latent demand for growth from ambitious practice owners and accountants is evident, but an equally important driver for automation tools is the struggle to recruit and retain staff in one of the most challenging labor markets ever experienced by the accounting profession.
How Data, Innovation Will Power CPAs' Resiliency
March 01, 2022
What accountants want is the right data at the right time, to, for example, complete an efficient, timely and accurate audit, or help their clients manage compliance and regulatory changes. Having the tools to quickly mine and interpret this data are essential.
How to Build a Successful Niche Firm
February 25, 2022
For many CPAs and accounting professionals, carving out a niche in the industry allows them to do work they enjoy. That's the case for Sherrell T. Martin, founder of Nitram Financial Solutions. Here, she discusses the power of niche accounting and how to attract and retain clients by doing what you love.
Transition Policy Announced for the 2024 CPA Exam Under the CPA Evolution Initiative
February 25, 2022
If you will still be working your way through the CPA Exam in January 2024 and beyond, then the information about the CPA Evolution-aligned CPA Exam (the 2024 CPA Exam) and transition policy are most important to understand.
Remote Teams Thrive on Trust and Connections
February 23, 2022
Leverage the lessons from global teams to make an at-home workforce a competitive advantage.
PPP, ERC can lead to sustained business for CPA firms
February 17, 2022
Compliance and consulting work related to COVID-19 relief created new business opportunities for CPA firms, which now can continue to grow by building on those opportunities, Inovautus Consulting LLC President and Founder Sarah Dobek said Thursday.
4 In 10 Employers Report A Rise In Candidate Ghosting, Robert Half Research Shows
February 16, 2022
Candidate ghosting is taking an increasing toll on employers, new research from talent solutions and business consulting firm Robert Half suggests. In a survey of more than 2,300 senior managers in the U.S., nearly 4 in 10 respondents (39%) said it's more common for job candidates to cut off communication now than two years ago.
Help Employees Find Purpose Again
February 16, 2022
For a more productive and connected workforce, leaders need to build a collective sense of purpose in the remote work environment.
5 Ways to Address Talent Constraints
February 15, 2022
Many of the talent issues our profession has been dealing with for years will continue, and new ones will come up as people decide to work differently. So, it’s more important than ever to focus on increasing our ability to get work done with limited resources. Right now, your firm is likely feeling those limits acutely.
Where Accountants Can Go From Here This Year
February 15, 2022
In the first of a two-part article series, we look at workplace trends that are impacting your clients in 2022. Your understanding of these shifts can help you be a better advisor – and manage your staff better as well.
5 Reasons Clients Fire Their Accountant
February 10, 2022
Clients will sometimes end a relationship with their accountant for practical reasons, but you should consider what steps you can take to improve client satisfaction and make things easier for your clients so they stick with you.
CPA Evolution will impact today’s interns. How can companies prepare?
February 10, 2022
Many of the students slated for Spring and Summer 2022 internships will sit for the new, CPA Evolution-aligned CPA Exam, which is expected to launch in early 2024. This has implications for firms in a variety of areas, from recruiting considerations to engagement with academia. The time to start plotting out your firm’s strategy is now.
How to Support Prospective CPAs at Your Firm
February 04, 2022
The accounting industry needs more licensed professionals, and firms can play their part by supporting a new generation of accountants who are studying for the CPA licensure exam. In this article, Will Baker of BaCo Tech discusses how his firm is helping one prospective CPA by offering financial support, flexible working hours and a lot of encouragement.
The Changing Face of the CPA Profession
February 01, 2022
Despite a decline in recent years in the number of CPA candidates, many college students still want to be accountants but are taking varied paths to prepare for the CPA exam.
Women Need to Rise as CPA Firm Partners
February 01, 2022
As the number of women in executive and leadership roles continues to increase overall, it is more important than ever to close the gender gap in CPA firm partners. These ideas and strategies can be scaled for firms, big and small as Jina Etienne points out in her article.
4 ways CFOs can help businesses retain employees
January 31, 2022
The pandemic begat the Great Resignation across industries, markets and companies. Finance leaders can help their organisations retain professionals and keep them inspired.
7 IT Strategies to Ensure Success
January 26, 2022
As technology continues to evolve, firms must reevaluate their accounting software and IT strategy. In this article, Gary Boomer of Boomer Consulting shares his top strategies for implementing technology while driving value and ensuring a return on investment.
5 tips for becoming a more effective leader for a virtual workforce
January 07, 2022
Effectively leading through a computer screen requires an extra dose of empathy and communication.
Connecticut CPA Magazine Excerpt - The FASB and the GASB: Meet the New Chairs
January 06, 2022
Meet Joel Black, Chair of the Governmental Accounting Standards Board and Richard Jones, Chair of the Financial Accounting Standards Board.