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Detail
ArtikelCPA Firms : Future Alliances  
Oleh: Reeb, William L.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 187 no. 5 (1999), page 27-30.
Topik: cpa; CPA firms; future alliances
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ85.8
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelCPA firms are changing - there is little doubt about that. The firms will become more dependent on each other - fueling growth and service opportunities in the coming decade. In my view, the changes will evoke a unique spirit of cooperation. On a practical level, I can see CPA firms sharing clients with other firms, creating informal cooperative networks. Further, I can see industry CPA s outsourcing more to these networks, which will adapt themselves to changing market needs. Let me explain how I came to these conclusions and how the future can benefit the profession. Consider the following statistics from AICPA annual reports : The two growth segments are industry practitioners and retirees. At first glance, it appears there should be more opportunity for the public CPA because there are fewer of them. However, there were almost 50 % (around 45,000) more public CPAs in 1995 than in 1980, and applying even the most conservative estimates would put demand for their services as only keeping pace with the growing supply. The most significant statistical group, though, is the approximately 150,000 CPAs working in industry who are performing most, if not all, of the work that was traditionally left to accounting firms. As the table shows, more than half of the profession now works outside public accounting. And where you once found a CPA controller primarily in a $50 - million - plus organization, today you are likely to find CPA controllers in most organizations worth $5 million. If the trend continues, in a few years any company with more than $500,000 in sales will probably be a candidate for an in - house CPA.
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