The Composite Sole Practitioner


NUMEROLOGY

The typical, independent practitioner is a 56-year-old male, in practice for 22 years, in a sole proprietorship with three full-time, one or two part-time, and two or three seasonal employees.

Source: The “12th Income and Fees Survey of Accountants in Public Practice,” National Society of Accountants, www.nsacct.org , 2005.

SPONSORED REPORT

2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.