A Look at the Tech Trends Affecting AccountingRead the rest of this entry »
The accounting industry is not a reluctant technology adopter, but it is a cautious one.
“CPA firms have become too comfortable with just staying with what they have and not dealing with change,” Brian Tankersley, CPA/CITP, CGMA, told the Journal of Accountancy. While that may be so, change is coming, driven by advances in technology and the simple need to become more efficient.
A technology consultant to the industry ...
Finance Execs Concerned About Filling JobsAn increasing number of finance executives across the U.S. say their companies are planning to hire, but are concerned about finding the skilled workers they need.Read the rest of this entry »
The 2nd quarter Economic Outlook Survey from the Association of International Certified Public Accountants found the majority of the 726 respondents generally optimistic about the economy and confident that both profits and revenues will rise. Though the indices for these three items are ...
Starting Pay for Class of 2017 Hits New HighThe class of 2017 is graduating into the best job market in a decade.Read the rest of this entry »
With unemployment at pre-Recession levels, and employers scrambling to fill jobs that are now staying vacant for a near-record average of almost 6 weeks, this first class of Gen Z college grads can expect an average starting salary of $49,785. That's 3% higher than last year, and, even adjusting for inflation, is almost a ...
With New Accounting Rules Phasing In, Companies Scramble to Fill JobsEven as colleges graduate an estimated 54,700 accounting majors, employers are lamenting the difficulty in filling jobs at all levels.Read the rest of this entry »
“It’s very difficult to find qualified people,” said Stephen Rivera, a senior director with Johnson & Johnson. “The big accounting firms are taking them all.”
Quoted in The Wall Street Journal, Rivera was talking about a junior-level position. With the unemployment rate for accounting and finance professionals at ...
6 Tips For a Successful Start to an Accounting CareerWith college graduation right around the corner, the Journal of Accountancy has some advice for accounting majors about to enter the profession.Read the rest of this entry »
We'll sum it up in four words: You're not done learning.
"You are going to be learning so much in your first few years, and the more questions you ask, the more you will develop not only your technical knowledge base, but also your people skills ...
JP Morgan Is Top Pick For Financial ProsFinancial professionals would prefer to work for JP Morgan more than any other company on earth.Read the rest of this entry »
That's what an online survey completed by almost 6,000 respondents said. The investment bank garnered more votes than other firms to capture the #1 ranking in the annual eFinancialCareers Ideal Employer survey. JP Morgan displaced last year's winner, Goldman Sachs, which came in second.
That two of the world's financial ...
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 ...