CPA Practice Management 

When it comes to employee recruitment, evaluation for promotion, or identifying employee strengths and weaknesses, the use of assessments in the workplace is a growing trend. If they are not already in place at your business, the idea of using these measures has at least crossed the minds of human resource managers, recruiters, and upper management. But with the increasing pressures of recruiting and retaining quality employees, are standardized assessment programs the correct choice when employees are not one-size-fits-all?

One of the top issues facing the accounting profession is talent – the acquisition and retention of those who will grow our future. The good news is enrollments in accounting programs nationwide are at or near all-time highs. Nevertheless, in percentage terms, fewer graduates of accounting programs are proceeding to become CPAs. Our CPA “pipeline” has slowed and needs to be addressed.

Should a catastrophic loss occur to a client or your employer where records or assets have been destroyed, CPAs are uniquely qualified to provide assistance and add value above and beyond the other critical services they provide. This value, however, doesn’t have to wait for a fire, flood, collapse, or some other horrible event to occur.