Generation Gap

BY JON B. HERBERG

I am responding to the sidebar by Bob Dias (“ Keeping Current Can Help Firms Overcome Recruitment and Retention Challenges ,” Aug. 07, page 39), and the chart included at the bottom of the sidebar.

As a CPA in my mid-50s and owning my own public firm with only two professional staff members besides myself, I read the chart a little differently than the CCH people do.

The three top items that are most important to young CPAs and the bottom items that are important to the firms seem to indicate a difference in work ethic.

The young CPAs seem to want all the bells and whistles to do the work but do not find the abilities to do the work as important. They want the resources to get the job done and access to the latest technology, but they don’t think the ability to do tax research (use the technology) is very important.

The younger CPAs (CPA candidates during tax season) I have hired believe the tax software should be invincible. They do not question what the software does, even if they have doubts about the tax return.

They certainly do not take the initiative to look up anything in the research software or research books provided.

Jon B. Herberg, CPA
Billings, Mont.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.