talent & career development

how to transfer a boomer-owned cpa practice to a millennial

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riding the big gray wave.

by brannon poe

the demographic tsunami actually might surprise you. according to pew research, millennials are projected to soon overtake baby boomers as the largest generation. that’s right, they will be the biggest generation in the u.s. and they are almost there.

  • boomers – born from 1946 to 1964 – 74 million
  • millennials – born from 1982 to 2002 – 71 million

another very important consideration is the declining number of cpas in the profession. the total number of first-time licensed cpas has declined about 20 percent since the 1990s.

it appears that the “greying of the profession” may be more of a function of the number of people who have chosen the profession and those that have decided to get out of public practice altogether.

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hiring trends flash warning signs of slowdown in tax & accounting

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cpa firm staffing and wage growth signal weakness.

by beth bellor

not only are several sectors in the tax and accounting industry charting new records in employee numbers, but wages often are up as well, according to new 卡塔尔世界杯常规比赛时间 research.

more on jobs: charts: tax & accounting among biggest jobs creators in u.s.
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but key indexes are flashing signs of a decelerating expansion, possibly augering a slowdown, or even cutbacks, in the months to come.

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

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4 reasons to welcome rejection

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… and 5 ways to deal with it.

by ty hendrickson
the sales seed

  • i think i’ll check my email and then make that call to a potential client.
  • after i finish all of my billable work, i’ll work on some emails to potential clients.
  • instead of calling to follow up on last week’s meeting, i think i’ll just send over my proposal via email.

does this sound familiar? why do we procrastinate certain job functions and not others?

more: the real problems created in a remote workforce |  can you really grow without adding clients? | 4 reasons to welcome rejection |

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there is only one reason and unfortunately, it is the same reason we all have probably struggled with since childhood… the fear of being rejected. it seems so much easier to send out a proposal or any type of communication via email than it is to just pick up the phone or stop by the person’s office.

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3 tips for handling rookie tax preparers

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… and 4 challenges.

by frank stitely
the relentless cpa

how do you train up newly-hired tax preparers?

more: how to hire and manage great admin staff | the right way to assign staff projects | workflow for dummies | how effective project management makes your life easier | 2 lessons clients taught me | no consultant can solve your biggest problem | the great marketing hoax
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

hint: don’t start with taxes. read more →