October 6, 2009

Accounting Loses 6,000 Jobs in August

This story on Trendline.com was all over the Internet late last week and over the weekend. According to the story by Rick Telberg, “the Bureau of Labor Statistics reported a seasonally-adjusted decline in staffing by 6,000 positions to 928,300 in August. Coupled with downwardly revised figures since May, it represents the fourth straight month of... Read more »

Darren Root, CPA, CITP, CGMA

This story on Trendline.com was all over the Internet late last week and over the weekend. According to the story by Rick Telberg, “the Bureau of Labor Statistics reported a seasonally-adjusted decline in staffing by 6,000 positions to 928,300 in August. Coupled with downwardly revised figures since May, it represents the fourth straight month of decline. Earlier BLS reports had shown some gains.”

I’ve always been the kind of guy who sees the glass as half-full – optimistic about the accounting profession and its infinite possibilities to be a true business partner to clients and customers. Although these kinds of reports certainly do their best to drain the glass, I remain completely convinced that accounting firms can pull themselves up by their bootstraps and succeed for the long term.

This takes hard work and can’t happen overnight, but if firms can focus on how to take a struggling economy and make it work, then we all benefit.

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Darren Root, CPA, CITP, CGMA

Darren Root, CPA, CITP, CGMA

Growth Strategist

Darren Root, CPA, CITP, CGMA, is Growth Strategist for Rightworks, where he delivers value to accounting firms every day via current, relevant thought leadership. Having managed his own CPA firm for more than 30 years, Darren’s vast accounting experience is rivaled only by his passion for helping firm owners modernize and transform their practices into thriving, sustainable enterprises. Darren’s real-world experience and innovative ideas incite both clarity and excitement among our customers as they work to build their own modern, highly profitable and technologically savvy firms. Over the years, Darren has earned numerous awards as an influencer and continues to add to the profession’s broad knowledge base via books and podcasts: Top 100 Most Influential People award Top 25 Thought Leader award Author of The Intentional Accountant Co-author of The E-Myth Accountant