Q1 Hiring Plans Are Strongest In YearsRead the rest of this entry »
The stock market may be seesawing, but employers are still bullish on hiring. Two recent surveys of hiring intention both pointed to strong plans by employers to add staff in the first quarter of this new year.
Manpower's long running Employment Outlook, based on a survey of 12,500 employers, shows 23% expect to add headcount between now and the end of March. Seasonally adjusted basis that comes out to ...
Ahead for Accounting: Automation, Competition and DisruptionRead the rest of this entry »
Accountants who read our blog post this week about what 2019 holds for the healthcare industry will notice some of the same themes in today's post about the trends the accounting profession will see next year. Automation, analytics, blockchain and continued disruption to accounting's traditional business model are in the profession's future, just as they are for healthcare, different forms, of course.
Writing on CPA Practice Advisor, accounting consultant and ...
6 Reasons Accountants Make Good FriendsRead the rest of this entry »
Do you know why accountants make great friends?
Because without them it's an accrual world.
OK. OK. You can stop the groaning or we'll give you the whole list, and believe us when we say the accrual one was the best of the lot. But hey, it does show that accountants can be funny. And you can count on us (did you catch that one?) when we say, accountant or ...
Compared to the CEO, CFO Pay Is StagnantRead the rest of this entry »
As CEO pay has steadily increased over the past five years, CFOs have seen only modest increases in compensation.
Corporate research and intelligence firm Equilar posted an analysis of CFO pay changes since 2013, finding that CFO median pay at the largest public companies grew by $600,000. CEO pay, however grew by a median $2 million.
"The chief financial officer is an extremely important cog in the machine that ...
How the CPA Exam Is CreatedRead the rest of this entry »
There's nothing funny about the CPA test.
Literally and intentionally.
For months, teams of specialists, most of them accountants, but also including trained test developers and, when needed, even linguists, pore over the exam questions to ensure they're fair, understandable, free of complicated wordings and logical structures and so bland that proper names for individuals and companies are eschewed in favor of "a taxpayer," "an auditor" or "a company ...
How Accounting Firms Can Empower WomenRead the rest of this entry »
Women make up 51% of the nation's accountants, but only 24% of partners and principals are women. That's an improvement of 25% over the last five years.
When it comes to women as managers, senior managers and supervisors or in senior staff positions, the percentages have barely budged, according to the 2018 MOVE Accounting Project Report. And the numbers get smaller, the larger the firm.
Noting that "on a macro-level ...
CPA Test Results Show Highest Passing Rates In YearsRead the rest of this entry »
The CPA pass rates for the first two quarters of this year are trending substantially higher than last year, according to the latest results reported by the American Institute of CPAs. The 2nd quarter posted some of the best results in years.
The surprisingly strong Q2 results for the 4-part test are as much as 7.5 percentage points higher than for the same quarter in 2017. An analysis of ...
Before You Relocate, Check Your Job ProspectsRead the rest of this entry »
This is a good time to be an accountant. Employer hiring is strong and the government predicts accounting jobs are going to increase faster than the national average through at least 2026. But as with all jobs, some parts of the country have a higher concentration of accounting jobs than others. And some areas pay better than others.
So where do you look if you're looking to move? How about ...
More Women In Accounting Leadership PositionsRead the rest of this entry »
Women in leadership positions in accounting firms is creeping up, but the pace of change is incremental, and in lower level managerial jobs, not much changed in the last few years.
The latest report from the Accounting MOVE Project shows women on management committees and as partners and principals on the project's member firms increased by 25% over the past 5 years. Meanwhile, the percentage of women as managers ...
Worker Shortages and Business Growth Is Driving Demand For Accounting TempsRead the rest of this entry »
A shortage of workers and increases in business spending are driving up the demand for temporary accounting and finance professionals.
A report from Staffing Industry Analysts (SIA) forecasts a 4% rise this year in US revenue for accounting and finance staffing to $8.4 billion. A confluence of factors is driving the growth. The increase in business spending is creating a rising demand for back-office support and financial planning and ...