Rosenberg Associates Blog
Marc Rosenberg, CPAAccounting Today, expertly edited by Dan Hood, has published its Top 100 List of Most Influential People in the profession for many years. This year, they made available Top 100 responses to the question: “What is the most important issue facing the public accounting industry?” I was stunned that a major new issue has emerged…
Jon Stewart, the television satirist and comedian, recently did a sidesplitting rant on “Chicago-Style,” deep-dish pizza. Even a life-long Chicagoan and deep-dish pizza aficionado such as myself had to laugh. You gotta’ watch it – http://www.youtube.com/watch?v=n8IKxbOpt0E Said Stewart: “Chicago-style pizza is not only not betta’ than New York pizza…it’s not pizza. It’s tomato soup in…
Last week’s post regarding Illinois’ new concealed-carry law ignited an unintended firestorm of reaction. We shared the results of a poll of 20 Illinois CPA firms as to how they will respond to the new requirements. The most common action taken by respondents electing to ban concealed weapons on firm premises was to place a…
Over the years, I have been asked dozens of questions on how firms address policy issues. Things like: Hiring interns. Holiday pay for part-time employees. How to convert overtime-based staff to a salary. Partner life insurance. Intra-office dating. Paying bounties for staff referring employees to the firm. Cyber liability insurance. But the request I received…
Page-turners, though enjoyable, are rarely literary works of art. Plots advance much too quickly (that’s why they are page-turners) at the expense of writing that makes for a masterpiece like Carlos Ruiz Zafon’s exquisite novel, Shadow of the Wind. This book is art in its deepest sense. Indeed the plot captivates our interest, but it…
My wife and I recently vacationed in China and it was an exhilarating experience. Prior to this first foray to what 1.3 billion Chinese call “The Middle Kingdom,” I could have cited my knowledge of China’s history in two short paragraphs. This international trip, more than any before it, was as much an excursion in history as a sight-seeing adventure.
When facilitating partner retreats or giving a speech at a conference, I ask everyone to turn off their cell phones. This request is honored by the vast majority of those in attendance but of course, there are always a select few who feel they are above the law.
How would Wyatt Earp handle cell phones?
National CPA firms have traditionally dwarfed the regional firms in size. But this is changing. Due to the frenetic pace of CPA firm mergers, the once humongous size gap is narrowing, resulting in a CPA firm landscape that is moving towards the way law firms are grouped.
On July 22, 2012, Chicago Cubs’ Ron Santo was enshrined in the Baseball Hall of Fame. Because many of you could care less about baseball and Santo’s prolific career as the best third-baseman of his era was a long, long time ago, (1960-1974), some of you must be tempted to press the “delete” button on…
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Current Effects of COVID on CPA Firms – Rosenberg’s Analysis
The CPA industry is as steady as an ocean liner in heavy seas… in normal times, which is 90% of the years. Most established multi-partner firms experience increases in revenues and profits on an annual basis…in normal times. Sure, there are major challenges such as finding staff, retirements, technology’s relentlessly huge impact on how CPA…
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