Retention expert Chason Hecht says employee retention requires tapping into employees’ need for connectedness, challenge, and fulfillment.
May 2017 - Journal of Accountancy
- Magazine
- May 2017

Meet the guest editors
This special issue is the result of our continuing efforts to deliver content that is useful and enjoyable. For this issue, we enlisted the help of four guest editors who are young CPAs.

Innovation showcase: CPA employers on the cutting edge
Completely virtual workplaces. Flat hierarchies. Employees who set their own hours. Vacation stipends. Silicon Valley? Not quite. Meet seven employers that have radically rethought the ways they relate to their CPAs and are reinventing the accounting workplace.

BNA: A completely flat hierarchy
At first glance, you might take Rock Hill, S.C.-based CPA firm BNA for a tech startup.

IntrapriseTechKnowlogies: Employees set their hours
Forty hours may be a standard work-week—but there’s no such thing as a “standard” CPA.

High Rock Accounting: Vacation stipends
Would you like $1,000 to go on vacation this year? It’s yours at High Rock Accounting, but there’s a catch.

Frank, Rimerman and Co.: A coaching culture
At California firm Frank, Rimerman and Co., coaching permeates the entire culture.

ClearPath Accountants: Transparent financials
Transparency and ownership are the bywords at Denver-area firm ClearPath Accountants.

GMLCPA: Cross-training
CEO and founder Gabrielle Luoma, CPA, CGMA, cross-trains her staff so they understand both their own and their co-workers’ roles.

SoulCycle: An intentional focus on culture
Weekly staff meetings and town hall-style meetings allow employees in the corporate office in New York City to ask honest questions and get a response.

Q&A: Don’t believe these Millennial myths
Generational expert Jason Dorsey recommends ways employers can recruit (and keep) members of the often-misunderstood Millennial generation.

How to reduce the pressures at work
Accountants, auditors, and finance professionals can use strategies to tackle productivity challenges and reduce stress.

What they’re reading
Business and leadership books recommended by this issue’s guest editors can inform and inspire their fellow CPAs.

Do you really know where the money’s going?
Here are seven steps small and medium-size companies can take to prevent fraud in the procurement-to-pay process.

ESOPs help some CPA firms with retention, succession
Some profitable firms have found that employee stock ownership plans have helped them preserve their culture and provide stability.

Tax principles for the digital age
The AICPA revises its Guiding Principles of Good Tax Policy to respond to challenges in tax reform, economic efficiency, global reach, and securing taxpayers’ information.
Expanding your app-titude
EZ Texting lives up to its name in a big way … DialMyCalls does that and a whole lot more
COLUMNS
CHECKLIST
PROFESSIONAL LIABILITY SPOTLIGHT
From the Tax Adviser
TAX PRACTICE CORNER
TAX MATTERS
TECHNOLOGY Q&A
THE LAST WORD
NEWS
News Digest
Features
FROM THIS MONTH'S ISSUE
Building a better CPA firm: Stepping up service offerings
A key step in business model modernization is determining how to implement services that satisfy clients and employees.