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Finding Qualified Staff Is the Top Issue Facing Most CPA Firms In 2024

CPA Practice

This week at the ENGAGE conference in Las Vegas, topline results of the Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey were revealed during the AICPA Town Hall. What was discussed were the biggest issues facing accounting firms of differing sizes in 2024—and which of those challenges were the most common.

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3 Strategies to Help CPA Firms Retain In-Demand Talent

CPA Practice

If employee retention isn’t already a priority focus for your CPA firm, 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 CPA firm.

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It’s Time to Rethink Current Practices for CPA Firm Talent Management

CPA Practice

Here’s some news from the labor market that’s both good and bad for CPA firm leaders and other employers of accounting and finance talent. The upside for CPA firms is that retaining talent should be a little easier, at least for the near term. Does your firm offer jobs, or careers?

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H&CO Acquires Orlando CPA Firm Grennan Fender

CPA Practice

Top 200 accounting firm H&CO has acquired fellow Florida CPA firm Grennan Fender, which has offices in Orlando and Melbourne. The leadership teams of H&CO and Grennan Fender will work closely to ensure a smooth transition for clients, the firms noted in a news release. Terms of the deal were not disclosed.

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. Read this article to find out how two firms provided payroll profitably, compliantly, and without additional workload. "Offer payroll and do it yourself,” they said. It’ll be fun!”

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Cincinnati CPA Firm Changes Name After Partner Retires

CPA Practice

As the firm celebrates its 40th anniversary, Cincinnati-based accounting firm Burke & Schindler changed its name on July 1 to Burke CPAs & Advisors a year after the retirement of one of its partners. The firm, located at Adams Landing, changed its name to Burke CPAs & Advisors as of July 1.

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Mastering Labor Challenges Can Drive Growth for CPA Firms

CPA Practice

The results are profound: more than 99% of the top CPA firm leaders in the US said they can’t adequately fill their staffing needs domestically. Bureau of Labor Statistics estimates employment of accountants and auditors to grow by about 4% each year through 2032, with an annual number of job openings expected to be about 126,500.

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

For others, it will be a significant challenge. No matter where you are in the process, you need to be aware of the challenges and opportunities.

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Managing Security Issues with a Remote Workforce while Continuing to Grow Your Practice

Speaker: Jim Bourke, Managing Director Advisory Services at WithumSmith+Brown

Protecting data does not and should not result in a massive disruption to our business model, but instead, should be viewed as an opportunity to get to better know our clients and help them by delivering new services that in the past were never associated with a CPA firm.