| Your personal background. |
|---|
 If you are an unhappy accountant
at one of the Big 4 or another big accounting firm, Angry Accountants is the place for you.
Non-partner accountants at the big accounting
firms have been exploited for decades: long hours, high stress, infliction of emotional and physical
distress, low low compensation, and no overtime pay. Angry Accountants is a place to post information about salaries, benefits, working
conditions, policies, required hours, and any other
information you have about your firm and your position that makes you unhappy.
What's the purpose of Angry Accountants? It is not just a forum to vent your frustrations.
Information is power. Information like that shared on Angry Accountants is why your friends who went to law school
are making four times as much as you at big law firms while working the same hours.
Let's back up a decade or two. In the mid-1990s, angry associates at big law firms,
who like accountants had been oppressed and exploited
by firm partners, started venting their frustrations on the internet.
Those sites quickly gained popularity, and large amounts
of information regarding salaries, hiring practices, etc., normally kept confidential by big
law firms, became public knowledge. Read about it HERE.
Law firm associate salaries and benefits began to sky rocket until
they leveled out at a the much higher fair market value.
Then, sit back and wait as the economics of an increase in information in the marketplace work in your favor to force
the big accounting firms to pay fair market
value.
In today’s era, taking the help of an outsourcing firm can give a
business house an edge over others. Outsourcing combines various supreme
benefits and offers the clients with an expert and cost effective way to manage the finances.
Outsourcing helps in organizing the tasks in a proper manner.
Financial and accounting tasks must not be taken lightly.
Thus it is always a sensible decision to manage the task by handing it to Finance
accounting outsourcing firm. With the help of Finance accounting outsourcing services,
the business house can focus better on its core competencies.
The reputation of the business house can be affected very
badly if there remains any flaw or ignorance in the accounting task.
Finance accounting outsourcing manages the task in such
a way that there remains no mistake or error.
Finance accounting outsourcing takes into account that there is
no occurrence of any mistake, which can hamper the corporate relationships, crucial financial decisions and
final statement of the concerned business. Maintaining accounts is a crucial task for any business whether big or small.
Not only a sapling business needs help but also a well established business also needs
help of finance accounting outsourcing services.
Extra financial and human resources are needed to manage the books
of accounts. This is because in-house employees need to
be given high salaries and other allowances. This can prove
to be costly affair. Thus, it is better to get the task done from an outside firm.
Finance accounting outsourcing firm provides the solution. With the help of financial accounting services, the business owner can get a well maintained
accounting system just by spending a few bucks every
month.
This helps in maintaining cost effectiveness of the task concerned.
Finance accounting outsourcing helps in reducing the financial burden of the
business organization. The business owner can invest same amount of efforts and money in some other area
which can help in reaping benefits. Thus there is no need to maintain a separate
accounting department. With finance accounting outsourcing services, the business house can save
a lot of money. Accounting is the most crucial aspect of any business.
It is a bit monotonous task and requires the help of professionals
and experts who can manage the books of accounts. Accounting is one
such pillar that decides the future and success
of any business.
Thus, entrusting the task in the hands of a good
finance accounting outsourcing firm is a suitable option. One must
take into consideration the reliability of the firm before
handing over the task to it. This is because the business house has to provide various types of information which can include some
confidential one, so it must be sure that the information is not
misused by anybody. Finance accounting outsourcing makes use of high tech procedures and up to date technology.
Finance accounting outsourcing professional is fully
updated about the changing accounting laws and maintains books of accounts according to
that environment. A business house
never has to worry about these updates as the finance accounting outsourcing professionals have the experience of handling this situation. Author's Bio: Michelle Barkley
is a CPA who advises people on tax preparation and tax calculation. She specializes in bookkeeping outsourcing and outsourced accounting.
Please Register or Login to post new comment. Exactly When Should you Change your
Accountant? How is NITTE Meenakshi College for Engineering?
Why should you seek treatment from the best Burnaby dentist?
After developing five accounting firms from 1984 to 1994, I
spent the next fifteen years assisting over 2,000 accountants develop and
improve their accounting firms as a Practice Development Consultant.
This experience showed that many accountants had implemented many marketing programs that fail.
The primary reason most accounting marketing programs fail is because the accountant attempts to treat his or her services as a commodity.
Unfortunately, this often leads to very low response
and low quality of clientele. There are volumes of accountants who have tried very expensive marketing
programs offered by many companies lured by difficult-to-enforce guarantees experiencing disastrous financial consequences.
The majority of these marketing failures centralize on the programs using commodity-marketing techniques.
The accounting industry is not commodity driven; it is driven by trust and loyalty.
Trust has to be established. It cannot be sold. Accordingly, if an accountant attempts to sell his or her accounting
services as a commodity or product, he or she will
fail. The first step for an accounting services marketing program should be to identify a business that is seeking the services of a CPA or Accountant.
If a business is pleased with its current CPA or accountant and is not seeking the services of a new CPA or Accountant, that business is not going to change accountants.
Any attempt of an accountant using a marketing program to sever that relationship by aggressive selling
techniques will only diminish the business's perception of the accountant
and his or her firm.
The wise accountant will never pull a businessperson away from his or her existing accountant if that person is satisfied with the accountant or CPA.
Acknowledge the situation as a good one for both the business and the CPA Accountant.
Never attempt severing that which is good for the business, neither the
CPA Accountant nor the Accounting Industry. Once you have a business in need of accounting services interested in you, the third step your accounting services marketing program should perform is showing you how to demonstrate your
ability to help your prospective client in your presentation. Too many accounting marketing programs fail because they are predicated on the CPA Accountant performing sales presentations to new prospective
clients. Businesses are not interested in being sold
accounting services.
Businesses are interested in how the CPA Accountant can help them and their business.
The CPA Accountant should provide the examples of
how they can help and apply those examples to his or her business.
It is important he or she understands and sees the value you are
providing. Most businesses do not understand the value a CPA accountant provides.
If your accountant-marketing program centralizes your presentations about you and your firm, it is the wrong marketing program; the program must centralize your presentation around the prospective client and your ability to
help him or her. Finally, the fourth step your accountant's marketing program should provide
you is techniques to price your services in relationship to the value you demonstrated in your presentation.
Your objective is not to discount your firm's
services to entice a new client to come on board, but to price your service as
a good value in relationship to the value you are providing.
1,000 to have a CPA or Accountant prepare his or her business tax return, he or
she or may not choose to do so. 1,000. He or she will perceive using that CPA or Accountant of great value.
Observe in the example, the primary factor of why the prospective client decided to come on board was not the absolute cost of the service but the value received in relationship to that cost.
In summary, there are four steps an accountant's marketing program
should employ. If your accountant's marketing program fails to employ
any of the four basic steps or attempts to market accounting services as a commodity, it
is recommended that you abandon the implementation of that program.
You will avoid frustration and possible financial
disasters. Remember, the key to a successful CPA Accountant's marketing program is never sales oriented.
It is placing you and your firm in contact with a business that has
a need and is interested in you or your firm fulfilling that
need.
Accountability is something which is crucial
to your business. If you do not have proper
accountability nothing will get done. The ball will be dropped all over the place, and there will be no way of seeing how or why the ball was dropped.
In the accounting world, having a high level of accountability is absolutely necessary.
Just consider what accounting’s objective is. It is system designed to measure and keep
track of finances, business transactions, expenses and costs.
It can then be used to see how your business is
doing, how certain segments, products, regions and even people are doing.
Accounting is what holds every one accountable.
Having a good New Jersey accounting firm
is one of the ways to make certain that your books are up to
date and accurate. The reason for this is simple.
They have the expertise and the technical knowhow when it comes to dealing with booking revenues, and handling
taxes. Unfortunately for us, taxes are generally very complex.
That means in order to meet the many requirements, you would either have to be an expert
or have the time to learn all of the nuances yourself.
But seeing as how you are trying to run a business you probably do not.
The same problem also winds up being true
for accounting. While the under lying logic behind the GAAP rules, they can become rather complex.
So once again, you could spend your time learning the rules and try
doing it yourself or training people, or you could save that time and frankly money and hire a New Jersey accounting firm.
So, what exactly does a New Jersey accounting firm offer you?
Well for starters they will give you access to well develop software system which integrates various data sources into one comprehensive format.
Instant document transferring, real time inventory and electronic
banking have all greatly improved the flow of information.
They will also give you that expertise which was mentioned earlier.
Rather than worry about learning and training your own accounting staff, you
will already instantly have people who know what to do.
From day one, the New Jersey accounting firm that you hire
will be working with you to get your books up speed.
They will be reliable and can be held accountable. Bottom
line here is if you are looking to make your business more accountable and cut costs, turning to
a New Jersey accounting firm is a no brainer. Author's Bio: Gavin Harrison is a free lance writer.
Get more information about Bookkeeping NJ, Bookkeeper, Bookkeepers NYC, accountant new
York, Bookkeeping, New Jersey Accounting, accounting New York, bookkeeper nyc, new jersey
accounting and NYC bookkeeper. Please Register or Login to post new comment.
Want to start your own accounting firm? Your career as an accountant can also pave your way for financial freedom when you own your own accounting firm.
Find out what it takes to make this dream come true - the good and
the bad points - and assess for yourself if this the right path for you.
If you have the ambition and the drive to start your own accounting firm,
you should know that there are several options
that are available for you to do so. Typically, most businesses require the services of
accounting firms because they fall in the 'small business' category.
As such these organizations do not have the wherewithal to employ a full-time accountant.
Such firms are going to be your most desired clients
- because they provide you with a steady and long term client-customer relationship.
Entrepreneurial accounting can benefit both sides of the table - for the entrepreneur and for the
accountant. Owning your own accounting firm may sound like a
dream come true for many accountants. However, the path to becoming your own boss is not as easy as that.
Certainly, there are benefits to running your own firm.
But there are also some concerns which you should take into consideration before jumping right in. Typically,
any new business takes some time to get established and start churning out profits.
Depending on the kind of business and clients you get, this may take anywhere between 2 to 3 years.
So, you should be financially prepared to stick it out during this time.
You need to have the necessary financial backing
in order to do so. You can also consider buying an established practice
of a retiring CPA. This means you already have an established business
and clientele, which ensures a certain amount of income right from the start.
Another alternative is to find a partner who can share costs with you.
However, if none of these options sit well with you, starting from scratch is always an available option.
 The next thing to consider is
developing a proper business plan - just as you would for any other business that comes to you for consulting.
You need to know your business goals, decide your fee structure, identify
your market and strategize about how you are going to market yourself to your
future clients. After you have worked out and charted out the future path for your firm, you need to consider office space.
You can consider working from home, or renting office space in a commercial building or even sharing an office
with someone. You will need to consider the local laws and permits
for starting your own home office.
Also visit my webpage ... Internal
auditing Dubai |
| Your feedback on this profile |
|---|
| Recommend this profile for User of the Day: |
I like this profile |
| Alert administrators to an offensive profile: |
I do not like this profile |
|
| Account data |
View |
| Team |
None |
|
