10 global mega-trends for this year’s partner retreat

as busy season ebbs into memory and accounting firms start looking toward the future, top managers will be confronting a host of difficult issues.

by rick telberg

many of the most pressing issues are close to home — winning a few more big clients, nurturing succession, finding adequate capital to reinvest in the business. some other issues, however, may seem more abstract. they are, to be sure, no less real.

a host of global trends are conspiring to make this year’s retreat season just that much more complicated for accounting firm leaders.

here are 10 top global trends that are rushing headlong toward the american accounting firm industry: read more →

cpa firm leverage ratios collapse as headcounts hit five-year low

recession sees big drop in accounting and bookkeeping employment.

the first decade, 2000-1010: accounting and bookkeeping services, all employees, in thousands, seasonally-adjusted

by rick telberg

as headcounts in the accounting and bookkeeping industries continue to decline, a new 卡塔尔世界杯常规比赛时间 analysis suggests that partners and senior managers are taking on more of the duties once handled by staffers. read more →

1 in 5 junior staffers planning to quit

expect a new hiring crisis.

one in five junior staffers plan to leave their accounting firm by the end of the year, according to a startling new survey.

and, of those, about 75% plan to quit public accounting completely, significantly worse than last year’s 65% loss rate.

the data comes from the latest issue of ioma’s partner’s report (subscribe here) which reports the results of a survey of more than 2,000 employees of cpa firms, conducted as part of consulting magazine’s 2010 best firms to work for survey.

in addition, the average anticipated tenure for a junior employee is slipping — to just 3.9 years, a decline from the year-ago 4.1.

ioma jr staff turnover

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