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Inflation and recession, disgruntled workers, higher borrowing costs, and more — risks lurk everywhere in 2023.

Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. They're conducting "stay" or "retention" interviews with existing employees. The goal is to understand how they can be a more attractive workplace and reduce employee turnover — a top issue for many public accounting firms.

Mergers and acquisitions are not only a viable strategy for growth but also a way to boost technology, per a Deloitte report.

Are the legacy workflows in purchasing processes halting growth?

Governor Ned Lamont today held a news conference in Hartford to announce his first legislative proposal of 2023, which includes restoring Connecticut’s pass-through entity tax credit to its original, revenue-neutral level of 93.01% and enabling small business owners in the state to save money by claiming a larger credit on their personal returns.

Those charged with helping execute mergers and acquisitions (M&A) must deal with a lot of moving parts — and not just the parts with dollar signs directly attached to them.

The accounting profession is facing a resource issue — a human resource issue. With baby boomers reaching retirement age and fewer accounting graduates choosing to enter public accounting, the pool of talent available to CPA firms is shrinking at both ends.

American Institute of CPAs president and CEO Barry Melancon spoke Wednesday about changes at the Internal Revenue Service and Congress, the prospects for the upcoming tax season, the evolving CPA licensing model, recruiting young people to the profession and more during a wide-ranging presentation to the Accountants Club of America.

As states are now requiring employers to post salaries in job ads, corporate finance's hiring practices must adjust.

The American Institute of CPAs (AICPA) released the updated Uniform CPA Examination® Blueprints, the official document of content eligible for assessment on the Exam. The Blueprints are based on the knowledge and skills required of a newly licensed CPA to meet the demands of firms, employers and clients.

The chief economist of RSM US, Joe Brusuelas examines the prospects for recession, and what accountants should be paying attention to on behalf of their clients.

Even without a crystal ball, I can predict nine certainties for this year and beyond:

We at Accounting Today have talked and written and reported pretty much endlessly about the vast amount of change going on in the accounting profession, and the pressure that puts on firm and practice leaders — and really, everyone in the profession — to continually adapt to the constant flood of new developments.

Fix the problem by communicating, agreeing work expectations, and presenting an evidence-based business case to your boss, while considering backup options.

Leaders have to show employees why they should stay, especially if year-end bonuses and raises are being reduced or eliminated.

The U.S. Bureau of Labor Statistics reports that Connecticut’s employment numbers indicate that the state is close to a full economic recovery from the pandemic shutdown in March 2020.

Many workers will be eyeing greener pastures in the new year despite economic uncertainty, research from talent solutions and business consulting firm Robert Half shows. According to the company's biannual Job Optimism Survey of more than 2,500 professionals in the U.S., 46% of respondents are currently looking or plan to look for a new role in the first half of 2023, up from 41% six months ago.

Office accommodation is moving toward shorter leases and flexible working set-ups — and demand is growing for prime real estate.

Employers need to find creative ways to set themselves apart if they want to attract job seekers in tomorrow’s labour market, Indeed and Glassdoor research finds.

Tweet Post Share Save Print Can remote work truly be a replacement for in-office work? Many organizations are betting their future on their answer to this question. Some are gambling on remote work, while others are insisting on a return to office. Although there has been significant research on the pros and cons of remote work, many questions still remain unanswered.