The labout market for accountants is stretched very tight at the moment. More accountants, especially those with 3-7 yrs experience are highly sought after. Despite all this, the top 100 accounting firms grew profits by an average of 12.9% last year! Accoutants named the priorities for the year ahead:
  • Finding and retaining staff (52%)
  • Increasing profitability (14%)
  • Solving succession problems (10%)
  • Managing work/life balance (8%)
  • Merging acquiring other practices (7%)
  • Increasing revenue (5%)
  • Keeping up with legislative change (3%)
  • Increasing profile (1%)

From an article in BRW July-28-August 3 2005, pg 20