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The Future Of The Accounting Industry In 2015
As we begin 2015, the accounting profession industry is changing
rapidly. One of the leading authorities in the accounting
industry, Joseph Tarasco, president of Accountants Advisory
Group, shares his predictions and identifies critical trends:
Fee pressures, rising staff labor costs, and lack of quality staff
will force firms to carefully examine their mix of services,
industry concentrations, and their positioning in their
marketplace relative to their technical/consulting resources and
competition. Industry, niche, and service segment profit centers
will come under more pressure for better results as the
competition stiffens.
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While all of Tarasco’s predications might not all play out in 2015, what
is very clear is that the accounting firms are going to need to make
significant strategic decisions and implement effectively if they are
going to succeed in a more competitive environment.
This article tells me about the future career industry of accountant in this
year 2015. As a student of the course accountancy, it helps me about my own
opportunity to have a job someday. Then it also give me an idea about the
accountancy work.
It can also guide me to have a future career. Then it give knowledge about
accounting environment. And when I read it, I have an idea about the job
interview given by the accounting firm.