Accounting Office Management & Administration Report
AOMAR is a monthly newsletter designed for use by anyone responsible for the day-to-day management of a CPA firm. AOMAR has been in print since 1984 and continues to provide actionable information that readers can use to manage their firms efficiently and profitably. The report's quick-reading articles cover management issues critical to continued firm survival and growth in today's competitive marketplace.
April 2007 - Table of Contents
Give staff feedback and they will stay with your firm—at least, they are more likely to do so. That is one part of a retention strategy that many CPA firms are working to put into place. However, partners, supervisors, and managers may not know how to deliver feedback in a way that is positive and encouraging rather than negative.
Once, a headline like the one on this story would have been unthinkable—and even more unimaginable would have been CPA firms raising their rates every year for several years running. But respondents to our recent CPA Firm Strategic Outlook Survey told us they have raised rates from 1% to more than 5% for the 2006-2007 fiscal year. More than half (53.9%) of firms have raised rates from 1% to 5% and 38.3% have raised rates more than 5%.
How are CPA firms competing today? What are the top issues they are grappling with? To learn more about the strategic approaches that are helping firms succeed, we asked about competitive issues and strategies as part of our recent CPA Firm Strategic Outlook Survey.
Consultants can do a lot to help your CPA firm with many management concerns, especially when your firm is prepared and ready to take advantage of the assistance. There are some common indicators of the need for outside management expertise include.
Talent Management Strategies Conference, San Diego, April 18-19. Contact: The Conference Board, 212-759-0900; fax: 212-980-7014; www.conference-board.org
Information security management will remain the top issue with the greatest effect on business this year, according to the AICPA’s 18th Annual Top Technologies Survey. That topic has led the list for five straight years. Now in the number two slot: identity and access management (up from 6th place in 2006).
Billing and collections are never the favored activities of CPA firm leaders, but there can be success using good practices. We asked respondents to our CPA Firm Strategic Outlook Survey to share their most innovative technique or idea on improving billing at their firms, and to indicate the "pros" and "cons" of the method.
Each month AOMAR updates its Accounting Office Cost Index for major cities nationwide. This exclusive AOMAR monthly feature is aimed at helping accounting firm managing partners and administrators monitor relevant office cost changes within their area and compare them with other regions.
Get Ready for the Summer Retreat: Five Topics You Must Discuss
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