Strong Q2 Accounting and Finance Hiring ForecastHiring for accounting and finance jobs continues to grow, with the next quarter of the year expected to see even more competition to fill positions.Read the rest of this entry »
The quarterly hiring forecast from Brilliant, based on a survey of some 650 HR professionals and hiring managers, found nearly half of them had at least one opening they wanted to fill.
“For accounting / finance positions, 46% of human resources professionals and hiring managers reported ...
Flex Work Popular With CPA FirmsFlex-work has become a popular perk among CPA firms, according to the 2016 Management of an Accounting Practice (MAP) survey.Read the rest of this entry »
As reported recently in The Journal of Accountancy, two-thirds or more of most firms offer some form of flexible work arrangements. Among the largest accounting firms, those with $10 million or more in revenue, 96% offer flex-time.
Telecommuting is another popular benefit, though not as widely offered as flex-time. The ...
The IRS's "Dirty Dozen" Tax ScamsEvery year at the beginning of tax season, the IRS issues an annual list of the most common tax scams.Read the rest of this entry »
Dubbed "The Dirty Dozen," this year's list includes several that have appeared on the IRS list before.
Phishing, the sending of sending of emails pretending to be from the IRS, is again at the top of the Dirty Dozen list. Not only do scammers send them to taxpayers, but ...
AI Will Speed AuditsThe way some pundits talk about artificial intelligence, it's a wonder anyone will have a job in a few years. The reality is that AI will permeate most parts of industry, but robots, apps and bots are far from taking over.Read the rest of this entry »
For the accounting profession, that is especially true of the auditing function, argues an analytical article on CFO.com.
AI for auditors -- and for the accounting profession generally ...
More Accountants In Demand Than IT ProsHere's a surprise: accounting and finance professionals are more in demand that tech pros.Read the rest of this entry »
That's what hiring managers and HR leaders in South Florida and the greater Chicago area, told researchers from the University of Michigan. The survey of 500 employers is limited to those areas, but it's the first time in a year those companies have more open positions in accounting than in IT.
A Look at the 'Disruptors' CPAs Will Grapple With In 2017Five "disruptors" will be shaping the business environment next year, influencing the types of issues accountants will be confronting.Read the rest of this entry »
Kimberly N. Ellison-Taylor, chair of the board of directors of the American Institute of CPAs, listed them as 5 "T"s: Technology, Trust, Transformation, Transition and Talent. In her article in the AICPA Insights, she said these changes are "coming at us faster than ever."
Here's what she had to ...
Intercompany Transactions Are Creating Accounting ChallengesMultinationals are running into difficult -- and often costly -- accounting problems as a result of their complex value chains and the increasingly close scrutiny their under from regulators.Read the rest of this entry »
In an article in the Journal of Accountancy, Kyle Cheney, CPA, a partner in Deloitte's advisory practice, cautions that, "Multinationals need to treat their internal business with as much rigor and control as they treat their external business."
It isn't just ...
No Retreat Seen From Global Accounting StandardsA retreat from global accounting standards is unlikely, despite Britain's Brexit vote and the potential renegotiation or withdrawal of the U.S. from trade agreements, as promised by the incoming Trump administrationRead the rest of this entry »
Speaking at the AICPA Conference on Current SEC and PCAOB Developments, Hans Hoogervorst, chairman of the International Accounting Standards Board (IASB), said, “Of course, it is too early to tell, but for now we see no immediate ...
Retirement Services Are A Growth Area For AccountantsWith the Baby Boom generation in full retirement mode, retirement planning has become one of the fastest growing niches for accounting firms.Read the rest of this entry »
Though fewer than 3% of accountants are accredited retirement advisor/elder-care specialist or a certified senior advisor, according to the
National Society of Accountants, practitioners are increasingly being asked by their clients for help with retirement planning.
John Dundon, an Enrolled Agent with a Colorado firm told AccountingToday ...
CPA Firms Grew Revenue In 2016From the solo practitioner to the largest CPA firms, revenue in 2015 grew at a faster pace than in 2014, with some reporting double-digit increases.Read the rest of this entry »
The 2016 National Management of an Accounting Practice (MAP) Survey released last month by the American Institute of CPAs found that the 1,500 participating firms grew revenue from a low of 5% for firms with annual revenues in the $500,000 to $700,000 ...