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Any thoughts on iCapital?
UHY is looking to hire across all positions both audit and tax for our office in Melville, Long Island. We the largest book of business in UHY and have grown significantly over the past few years. There is tremendous opportunity for growth and the office is more than just a job. We regularly have golf outings, wine tastings, bbqs at the partners houses and many other events with our team. Anyone who is interested send me a message and I will set up a time to connect and discuss our opportunities UHY Advisors
Additional Posts in Accounting
What are partner retirement packages like??
So excited to be putting in my notice next week!
How do I get Spotify to work in the EY office?
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To let you know when to start eating hours.
Because firms still calculate their margin on the project. They still have to pay you to do the work regardless if it’s fixed fee or time and materials.
It helps them calculates revenue and expenses monthly to say the least. It helps them understand if we are selling work at loss, if team is efficient year over year, and how good management is managing their engagements.
Its internal accounting
Rising Star
The fixed fee is priced based on an estimate of hours and hourly rates. If the project is over budget, someone needs to understand if the estimate was wrong, if there was out of scope work that can be billed for or if it was something like training time or inefficiency that pushed it over.
It helps give an idea of out of scope items as well. While a client should be billed based upon the value, they ask us for time that is spent on it to support the invoice.
can't squeeze every ounce out of the your staff if you don't have the tool to do so
The rates and budgets matter to know if the work is even worth doing. $10K fixed fee. If a global staff can do it at $100/hr in 100 hours, a stateside staff at $250/hr better be able to do it in 40. Now you know why so much is being sent offshore or AI!