Rosenberg Associates Blog
Marc Rosenberg, CPAAsk CPA firms about the effect of the staff shortage, and 99% of them will say it is negatively impacting their firm’s bottom line. This is the finding of a poll of 250 CPA firms in May 2023 conducted by PR Newswire and Censuswide. This doesn’t mean that profits are disappointing – far from it…
Amanda Lilley, CPA, SHRM-CP, PHRToday, the debate on working in the office vs. remotely is raging. Is it more effective for people to work in the office or working remotely? Positions on this issue vary significantly depending on who you ask: Partners vs. staff? Older vs. younger people? Those at firms in large cities vs. small? The last few…
Kristen Rampe, CPAResponding 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….
Our Chicago area roundtable group, comprised of 70% of Chicago’s local CPA firms, invited the accounting department heads of two leading universities to talk to us about today’s accounting students. We were privileged to host Brad Cripe, PhD, from Northern Illinois University in DeKalb, Ill., and Kevin Rich, PhD, from Marquette University in Milwaukee, Wisc….
Jeffrey Weiner joined Marcum in 1981 and has led the firm since 1990 when he was named managing partner. Marcum LLP is a national accounting and advisory firm. Accounting Today puts their annual revenue at $1.2B, making them the thirteenth largest CPA firm in the U.S. They have 39 offices from coast to coast. If…
We polled our audience of CPA firms to find out the average turnover percentage in 2022 and what retention strategies firms plan to implement after this latest winter busy season to try to keep staff from joining the mass exodus that is common for public accounting professionals at this time of year. Based on 63…
Originally featured on Accounting Today… I’m amazed—maybe, by this point, I shouldn’t be—at how often the topic of recruiting and retention comes up when talking with clients. I could be working with a client on how to redesign their compensation system or admit a new partner, and without fail, somehow we get onto the topic…
Remote work has had undeniable effects on the CPA industry in recent years, which have been more incredibly challenging for accounting firms. From grappling with how to handle the onboarding, training, and mentoring of staff, to trying to maintain pre-pandemic client relationships and business development levels, firms have been faced with challenges not seen in…
We polled our audience of partners to find out what CPA firms are doing when it comes to 2022 pay adjustments for employees. Based on 137 responses, the most common average percentage increase planned for year-end staff salary adjustments was 10%–13%, followed closely by 6%–9%. Not surprisingly, larger accounting firms are making larger adjustments. That…
One of the great things about my job as consultant in the past 20 years is the opportunity I’ve had to work with over a thousand CPA firms to learn their best practices…and also what not to do. I have created hundreds of handouts and templates based on these experiences. (These handouts have been incorporated…
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