Recruiting

Last month I posted three columns covering CPAs who leave public accounting. They generated widespread interest, but there is a lot more to say.

My partner, Frank Boutillette, just completed his term as president of the New Jersey Society of CPAs. I was asked for some reflections and want to share them with you. I think there are interesting things here that could add insights in how we ran our practice.

Every accounting firm leader knows you are only as good as your talent.

Accounting firms need to rethink the roles and expectations of their partners, according to industry consultant Allan Koltin – and changes to traditional partner compensation models can help.

The Accounting MOVE Project has released its annual list of the Best CPA Firms for women.

Pay increases for CFOs and controllers increased an average of 4 percent this year, but that was slightly less than a year ago, according to a new salary survey.

In my two previous columns, I wrote about CPAs who leave public accounting and go to work in private industry. Based upon the comments and emails I received, this is an involved topic and I would like to delve into it further.

Employers added a disappointing 38,000 jobs in May, the U.S. Bureau of Labor Statistics reported Friday, including 5,400 in accounting and bookkeeping services, although the unemployment rate declined three-tenths of a percentage point to 4.7 percent.

Private sector employment grew by 173,000 jobs in May, according to payroll giant ADP, in a sign of slowing job growth.

When I engage in planning workshops, the subject of succession and exit strategies is front and center in the long-term vision of the firm: forcing current partners to look at potential future partners and consider their ability to grow the firm and fund an exit.

Last week I wrote about a CPA going to work for a small client that was creating a controller’s position. Today I’ll talk about going to work for a client that already has a controller or working for a large company.

Decades of effort have yielded underwhelming results

Deloitte Touche Tohmatsu has introduced Deloitte Pixel, a new service that leverages “crowdsourcing” technology to allow outside people to help the firm develop new services and projects for Deloitte and its clients.

I know many CPAs who left public accountancy to take a “better” job. For many of them this was a mistake. For some it worked out, so if you are one of the lucky few, you can stop reading what I have to say.

Bruce Tulgan shares the best ways to keep your young stars

Tim Gearty of Becker Professional Education explores in this video what Millennials want in the accounting jobs where they work.

In a sign of improved business hiring, 73 percent of accountants said their business clients are planning to increase or maintain their number of employees over the next 12 months, while only 5 percent indicated their business clients plan to reduce their number of employees during that period.

Tim Gearty of Becker Professional Education talks in this video about the priorities for Millennials in choosing an attractive workplace for accounting employees.

The gender discrimination class-action lawsuit against KPMG has grown, with five new named plaintiffs accusing the Big Four firm of denying promotions to women and penalizing them for taking maternity leave.

Tim Gearty of Becker Professional Education discusses how to retain Millennial accounting employees in this video.