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higher wages, fewer jobs: a new era for cpa staffing

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ai and india replace u.s. staff in cpa industry shakeup.

the great restructuring: after the pandemic rebound, hiring gradually slows, finally going negative this year.

by 卡塔尔世界杯常规比赛时间 research

the nation’s tax and accounting firms are cutting job rosters even as they’re aggressively raising wages, signifying a structural retrenchment redefining how firms produce and deliver services, according to a new study by 卡塔尔世界杯常规比赛时间 research.

more tax and accounting wages hit record highs | show us the money! accountants are making more | chris vanover: audit, now with 100% less misery | the disruptors | gen ai in accounting: epic transformation, or overheated hype? | ai will steal your job. and that’s a good thing | accounting arc | steve evans: why traditional hiring methods fail | the disruptors

u.s. firms are scaling back staff-level roles, favoring automation and offshore operations. generative ai and cloud platforms now perform tasks once handled by entry-level staff, including reconciliations, bookkeeping, and basic tax prep. simultaneously, more firms are offloading transactional services to overseas teams, particularly in india, in response to domestic labor shortages and cost containment efforts.

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crosby, johnston: a human-first, tech-forward future | holistic guide to wealth management

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research shows that money activates more areas of the brain than sex, death, politics, or religion.

sponsored by 卡塔尔世界杯常规比赛时间 pro membership. get more! go pro!  – see today’s special offer

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by rory henry cfp®, bfa™
for 卡塔尔世界杯常规比赛时间

a recent mckinsey study found that the demand for holistic financial advice increased 60% from 2018 to 2023. meanwhile, another mckinsey study projected a shortage of 100,000 financial advisors by 2034. that gap is leaving a massive opportunity for cpas to step up as holistic advisors. 

more rory henry and the holistic guide to wealth management

buy the holistic guide to wealth management

a recent holistic guide to wealth management book panel discussion with two industry luminaries showed that cpas who are in the best position to thrive as holistic advisors are those who use technology to deliver deeper planning and relationship-driven advice. 

“traditional econometric models were all predicated on this idea that people were rational,” notes psychologist, author, and behavioral finance expert, dr. daniel crosby. “what we actually know is that it is perhaps least true of us when it comes to money.”  

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what empowerment does for your firm

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two men talking across a table, one holding a sheet of paper, window and brick wall in background

ten ways to get started.

by alan anderson, cpa
transforming audit for the future

empowerment seems like it would be the easiest attribute to build up in a firm, but it’s actually one of the hardest. firms go to these kumbaya events on leadership and trusting your team, but then when they go back to the office the next day, nothing has changed.

more by alan anderson
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empowerment is last in my book because it’s the furthest from what clients value most. clients look at what’s in it for me – they value what’s relevant to them. but empowerment is the most important attribute in our framework. it’s the key to unlocking the power of your team.
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hooda: model a 7-figure firm in 10 hrs/week | the concierge cpa

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build a business that runs itself.

this is a preview. the complete episode is first available exclusively to pro members | go pro here
sponsored by 卡塔尔世界杯常规比赛时间 pro membership, where accounting pros go pro. get more! go pro!  – see today’s special offer

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the concierge cpa
with jackie meyer
for 卡塔尔世界杯常规比赛时间

when concierge cpa host jackie meyer met uk-based accountant reza hooda at growcon, they quickly realized they were professional doppelgängers.

both transitioned from traditional tax firms to leading-edge advisory businesses. both created proprietary pricing models. both teach accountants how to reclaim their time, value, and purpose.

more jackie meyer

but hooda’s journey is one every accountant needs to hear: the story of how he walked away from pwc, bought a traditional firm from his father-in-law at the worst possible economic moment (2008’s global financial crisis), and slowly rebuilt it—from paper files and printed emails to seven-figure advisory success, working less than 10 hours a week.

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