Posts by Kristen Rampe, CPA
Multi-partner CPA firms need to ensure the right person or people make comp allocation decisions. In addition to the mechanism used to allocate income, such as a formula or the criteria used in partner evaluations, firm owners need to specify who will determine the allocation. Sometimes that means “who’s on the comp committee,” but it…
A satirical blog post in celebration of April Fool’s Day, as featured in Accounting Today. New technology from progressive generative AI firm C.P.A.AI has been put to the test this year. In January, their AI Busy Season Bot was launched to an audience of CPAs eager to get their hands on the advanced technology….
In celebration of the 30th anniversary of Rosenberg Associates, I’ve collected 30 highlights, captivating reads, and inspirational ideas for you, our readers and clients. Some touch on the past, some on the future, and plenty on the present day, but all are here for your enjoyment. Bits of History In 2011, I left my last…
Accounting Today recently released its ranking of the Top 100 Most Influential People in Accounting. This award lists the thought leaders and change-makers who are shaping the profession. Marc Rosenberg, CPA, and I were named among the Top 100 list this year. Accounting Today editors cited these reasons: Kristen: “Under Rampe’s leadership, Rosenberg Associates has expanded its reach…
Well-intentioned and passionate partners have a lot to say about matters at your CPA firm. Often, these contributions are critical to leadership and strategic direction. Your firm wouldn’t be where it is today without hearing the perspectives from those who lead and run your practice. And, sometimes, your partners get stuck on a less important…
Well-designed staff compensation programs can be a huge asset for any CPA firm looking to retain top talent. That’s you, obviously. But what should you do? What should you change? Below, we share results and analysis of our recent poll on staff bonus programs and ideas for how you might update yours. We asked respondents…
In our fast-paced world, team unity and strong interpersonal connections are essential for success. At this point, the majority of our clients have fully remote team members; some, a significant number. Even though remote work isn’t new, figuring out how to develop a high-functioning remote team is still a work in process. One key aspect…
Many CPA firms accept electronic payments. It is 2023, after all. If your firm has been accepting credit cards, you may wonder whether to charge the merchant or processing fees back to the client. There are two ways to tackle this: Build the processing fees into your pricing by adding your processing rate, usually around…
Responding to clients versus protecting yourself from distractions: is it possible to have your cake and eat it too? Increasing productivity can contribute strongly to profitability, and we know that responsiveness is a cornerstone of the accounting profession, something our clients (internal and external) expect. Most professionals are bogged down with requests for their time….
We previously shared Part 1 of this series. Read it here. We occasionally receive lengthy replies to our blogs and like to share our readers’ perspectives. A senior manager of a three-partner firm in the Midwest wrote to us, following my April Fool’s blog on raising the minimum retirement age to 85, articulating frustration with…
Kristen Rampe, CPA
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