October 2016 Article Archives
2016 National Benchmarking Report Released
Strong Revenue, Steady Profits, Changing Service Mix Underscore the State of the Nation's Public Accounting FirmsThe nation’s accounting firms are experiencing the strongest growth in revenues since the recession, averaging 6.3% last fiscal year, according to the just-released INSIDE Public Accounting’s (IPA) National Benchmarking Report. In fact, 85% of the 540 firms that participated in IPA’s Annual Survey and ...Read More
IPA's 2016 Best of the Best Accounting Firms
INSIDE Public Accounting’s (IPA’s) annual Best of the Best recognition honors 50 CPA firms across the country for their overall superior financial and operational performance on more than 70 IPA criteria. The right combination of planning, strategy and execution distinguish Best of the Best firms from among more than 540 firms that participated in IPA’s 26th Annual Survey and Analysis of Firms.IPA considers a wide variety of ...Read More
Final DOL Overtime Rule Update: Are You Prepared?
I have written about the DOL Overtime Rule in a previous issue of Insights. This topic continues to be an important one for those managing CPA firms. If you are not working towards compliance and preparing for the December 1, 2016 deadline, you need to be. You should also make sure your staff is familiar with the Rule in order for them to provide support to your firm's clients. To recap . . . What is important for you to know? Are ...Read More
Ergonomics: Should You Try a Standing Desk?
Studies over the past few years have identified the negative long term health effects of “prolonged sedentary time,” which is a nice way of pointing out most of us in CPA firms spend too much time sitting. While after work exercise and stretch breaks help energize us, researchers are finding that they do not fully counter the effect on our bodies of sitting all day, which is especially compounded during the extended hours of ...Read More
Chair's Message - Leadership
Leadership Next month, we (my apologies to our neighbors to the north, who while not eligible to vote in US elections, are still very valuable members of the CPAFMA) will elect our 45th President of the United States. Years ago I had the pleasure of meeting Doris Kearns Goodwin, the best-selling author and noted presidential historian and she offered several lessons for today’s leaders, including you and I, that are common ...Read More