Rosenberg Associates Blog
Kristen Rampe, CPAWhen The Rosenberg Survey is being compiled, CPA consulting leaders are asked to provide insights and perspectives annually. Rosenberg Associates’ Kristen Rampe, Marc Rosenberg, and Matt Rampe were among the 16 CPA firm consultants who contributed this year. Here’s what they had to say about the past 12 months and predictions for this year. …
Chrystin McHughRosenberg Associates has built a community of readers who rely on us for insightful information, and we’re pleased to showcase our 10 most popular blogs from 2024. Featuring thought leadership from our talented team – Marc Rosenberg, CPA; Kristen Rampe, CPA; Matt Rampe, ASA, PCC; and Amanda Lilley, CPA, SHRM-CP, PHR – these articles have…
Marc Rosenberg, CPANot all our “younger” readers may be familiar with the term “MAP.” They may have heard the term but not really know what it means or its historical significance. “MAP” stands for “Management of an Accounting Practice.” Prior to the mid-late 1970s, the term wasn’t in accounting firms’ vocabulary. That’s because the era of professionally…
Amanda Lilley, CPA, SHRM-CP, PHRAs the intensity of another busy tax season eases, CPA firms can now shift their focus to critical processes that sometimes get overlooked during the hectic months. The post-busy-season months present an ideal opportunity for firm leaders to step back from working “in” the business and start working “on” it. Below is a checklist designed…
Aspiring accountants who are invited to become a partner in their CPA firm usually face the hurdle of a buy-in requirement. This requirement is a payment that new partners must make to gain an ownership stake in the firm. Depending on the practice’s size, the buy-in requirement can be substantial at some firms, ranging from…
We’ve written over 500 blogs in the past 15 years. Our material is pitched mostly to partners and managers. We would love it if this blog was read by entry-level hires, staff at CPA firms senior or below, and interns. Partners, you should forward a copy of this blog to your firm’s young people. We…
We polled our audience of partners to find out what CPA firms are doing when it comes to 2023 pricing increases for services. Based on 232 responses, the most common average percentage increase planned for pricing increases was 10%–13%, followed by 6%–9%. Not surprisingly, larger accounting firms are making larger adjustments. Between labor costs and…
I had lunch with the MP of a $12M firm recently and, naturally, the conversation turned to what’s on the minds of all CPA firms: the challenges of retaining staff, making their jobs more desirable and getting them to covet being a partner. This firm’s income per equity partner is about $600K, with the MP…
The plight of any professional is a continuous status of “busy”. Even when it’s not busy, or not “busy season”, we’re “busy”. In many professional realms busy is a badge of honor; it means you’re good, people want to work with you, and the revenue stream is strong. Acknowledging that being continuously busy has its…
CPA firms find plenty of reasons to delaying billing and collections. Sometimes, it’s difficulty feeling comfortable charging a client those big fees, sometimes it’s just a hassle; often, accountability is low. While you may have been able to get by with these practices before now, and still have relatively good collections rates on your receivables…
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