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News Archive

Marketing to attract young recruits
As many firms embark on the fall recruiting drive and work to “beef up” resources before another busy season, consider your firm’s recruiting “prospect market” and whether you have laid the foundation to attract younger professionals to join your...
Specialization providing opportunity for firm growth
CPA firms will pursue continued growth through client specialization and client service excellence, recruiting and retaining top talent and effectively and efficiently leveraging employee and client knowledge in the coming year, according to a...
The partner gap: Who are the partners of tomorrow?
By Natalie Rooney While the supply and demand for new accounting graduates is relatively balanced these days, a vacuum still exists at the six to eight year experience level and firms are facing a leadership crisis.  In a few years, the newest...
12 future technology musings
by Roman H. Kepczyk, CPA.CITP Each year brings new technology opportunities.  For most firms the summer provides a minor lull in activity that provides us with an opportunity to contemplate new technologies for the year ahead as well as dream...
Ohio employee confidence drops
The Ohio Employee Confidence Index decreased 6.5 points to 38.8 in September, according to the latest Spherion Employment Report. More results from the report include: Nearly 79% believe there are fewer jobs available A 12 percentage-point...
You are what they remember
Marketers call it “brand equity.”  Although entire books have been written about it, the idea is simple enough.  People establish an image of a product or service in their mind, and that image, once set, will cause them to remember the product or...
Management steps to get through a belt-tightening period
Managing staff during an economic change can present your firm with many opportunities. Here some insights on what you can consider doing now from the authors of The Performance Power Grid: The Proven Method to Create and Sustain Superior...
Exercising leadership: Practice-building tips to help owners see opportunity in the new economic reality
The economy – where it is today, where it is headed for the future – is certainly a favorite topic around CPA firm conference tables, and in most other business settings these days. You can’t change what is happening, but how you react personally...
Transitioning the firm to new leaders
How operational modes are impacting the evolution By Bill Reeb, CPA, CITP and Dom Cingoranelli, Jr., CPA, CMC Over the years, many CPAs have assumed that they would work in a practice, become an owner, work some more as an owner and then retire...
Electronic audit confirmations
by Val D. Steed, CPA, MA, CITP As tax season closes and we look forward to the rest of the year, it is appropriate to alert CPA firms of technology that might make a significant difference in their audit practice. The April edition of the Journal...
CFOs react to recession concerns
Recession worries are prompting CFOs to cut back on hiring and spending, according to a newly released survey of 200 corporate CFOs by Financial Executives International and Baruch College's Zicklin School of Business. Forty-six percent of the...
D&O premiums fall 19% in first quarter
The average directors’ and officers’ liability premium fell 19% in the first quarter, according to a benchmarking survey of members of the Risk and Insurance Management Society. While the D&O price decrease was the biggest recorded by the survey...
Facing top talent shortage, senior execs going freelance
The shifting demographics of the workplace are opening the door to a new kind of freelancer: the temporary senior manager. As the shortage of senior managers grows, executives are choosing to go on their own and embrace the flexibility of the...
Employer health costs per worker see sharp increase
The cost of employer-paid health insurance averaged of $2.59 per hour per worker in 2005, an increase of more than 61%, or about $1 per hour, since 1999, according to a Kaiser Family Foundation study. Health care costs also comprise a growing...
“Building a village” Part 3 of partner compensation plan
By Bill Reeb, CPA Our last column addressed ways to make the necessary equity adjustments to compensate successful “Eat What You Kill (EWYK)” superstars for their accomplishments. This is an important step in the road we need to travel to move...
Self-study for Corporate CPAs
Finally, there’s quality CPE that addresses the challenges CPAs face in today’s business environment. The Ohio Society offers several Purtill & Company’s seminars specifically designed for financial managers and taught by people who work in...
CPE Policies
Course registration policies Quality guaranteed The Ohio Society of CPAs Education Services Advisory Council has developed a number of policies designed to help Education & Training participants get the most from courses they attend. The Ohio...
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