July 18, 2018

Lessons learned

If You Want to Start Your Own Practice, You’ll Want to Get on This Boat

Last week Thriveal’s Deeper Weekend was held in South Carolina. The event is hosted by Jason Blumer and his Thriveal crew. The conference is for CPAs to get together and talk about their feelings, act like creatives, and watch Greg Kyte say funny stuff. Culture eats strategy for breakfast. And it shits profits. I think. […]

The Recession Taught Some CFOs That They Need to Pay Closer Attention to Miserable Employees

Plenty of lessons came out of the financial crisis. For some it was that Big 4 auditors are irrelevant. For others it was that we need one set of high quality accounting standards ASAP. Aaaannnd for others, it was that the SEC needs to get better at pretty much everything.


For CFOs, it appears that at least some of them learned that miserable employees are a drag. Robert Half Management Resources surveyed 1,400 CFOs and 27% of them said “they learned to place greater focus on maintaining employee morale.”

It’s likely that this isn’t a lesson learned by just CFOs. Plenty of CPA firms have probably realized that a bunch of morose auditors and tax pros hanging around doesn’t make for a happy shop and are looking to improve their cheerleading skills going forward. KPMG has already brought back the Standing O, PwC, Ernst & Young, and Grant Thornton have all guaranteed merit increases for this year so there are signs that your happiness is no longer an afterthought.

CFOs Advise Keeping Employees Happy [Web CPA]