A&E Firms: Inflation and the Great Resignation
Posted by Kevin Johns on February 4, 2022
The dual pressures of emerging inflation and the “Great Resignation” have prompted A&E industry leaders to rethink their approach to attracting and retaining the top employees they need to stay competitive.
A&E Outlook: Gain a Competitive Edge in 2022
Posted by Kevin Johns on January 24, 2022
A&E firms have faced a flurry of changes in the past few years. From tax laws to workforce trends to coronavirus impacts, leaders must manage increasing amounts of uncertainty. To gain some clarity, we spoke to Jamie Claire Kiser – a managing principal at Zweig Group – about trends affecting the A&E industry.
A&E Recruiting & Retention Secrets
Posted by Kevin Johns on November 3, 2021
Employee attraction and retention is a vital competitive factor for architecture and engineering (A&E) firms. Beyond the obvious price and technical considerations, success on any project really comes down to the skill and judgment of the people who are going to execute it.
Is it Time to Buy or Sell Your A&E Firm?
Posted by Kevin Johns on October 28, 2021
Even if you don’t have current plans to buy or sell, now is a great time for you to refresh your awareness of M&A essentials. As an architecture or engineering firm owner, M&A considerations should be part of your long-term strategic planning whether or not you have a specific deal in mind.
A&E Talent Retention: Money isn’t the Only Motivator
Posted by Kevin Johns on October 6, 2021
Attracting and retaining a winning roster of top talent demands a creative focus on both compensation planning and cultural factors that matter to the professionals who create today’s engineering and architectural marvels. Here are some compensation planning and cultural considerations to help promote A&E talent retention.
7 ESOP Considerations for A&E Firms
Posted by Kevin Johns on September 2, 2021
Employee Stock Ownership Plans can help facilitate succession planning while offering special advantages for owners and employees of architecture and engineering firms, including significant tax benefits. Learn more about the benefits of an ESOP and discover why you should consider one for your A&E firm.
How to Overcome Zoom Fatigue
Posted by Kevin Johns on May 27, 2021
According to a peer-reviewed study from Stanford University, “Zoom Fatigue” is a real thing. Here are some tips to help you overcome this problem and clear the mental fog that occurs when being in front of the camera all day.
Energizing Firm Culture in a Virtual World
Posted by Kevin Johns on May 11, 2021
Maintaining a magnetic culture is tough enough in normal times, but in today’s virtual environment it’s even harder to keep team members fully engaged. Here are some tips owners can use to deal with this challenge, along with some context to help tailor your approach.
5 Financial Considerations for Architecture and Engineering Firms
Posted by Kevin Johns on April 13, 2021
In running your architecture or engineering business, you may find yourself spending as much time working on the business as you spend working in it. Here are five financial considerations that will help you build an enterprise that lasts for you and for your employees.
7 Cash Considerations in Challenging Times
Posted by Kevin Johns on April 24, 2020
We are living in unprecedented times; learning and adapting every day without clarity as to what the future may look like. In the midst of the uncertainty, it is as critically important that business owners lead and make wise decisions.
Common GAAP Violations for Manufacturers
Posted by Kevin Johns on May 16, 2019
Across the manufacturing sector, there is a great amount of diverse strategies, footprints, and segment approaches as they deal with artificial intelligence augmented reality and the ever-increasing spread of robotics. From an accounting standpoint, the one thing that often unites these companies together is GAAP (Generally Accepted Accounting Principles) which provides...
5 Common GAAP Violations
Posted by Kevin Johns on June 6, 2017
In the United States, the most common accounting framework for the preparation of financial statements is Generally Accepted Accounting Principles (GAAP). This framework provides …
Canadian Income Tax Implications for U.S. Employees Working in Canada
Posted by Kevin Johns on June 7, 2016
Regulation 102 Regulation 102 of the Canadian Income Tax Act requires employers to withhold 15 percent tax (additional 9 percent if services are performed in …
Eight Questions Answered About SSARS 21: Statement on Standards for Accounting and Review Services: Clarification and Recodification
Posted by Kevin Johns on July 8, 2015
New SSARS 21 pronouncement brings new options to financial reporting Effective for years ending after December 15, 2015, accountants in pubic practice will have new …