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2023 Outlook: 5 Finance Risks to Monitor This Year

January 23, 2023

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

  • business and industry
  • practice management
  • technology and cybersecurity

How firms use stay interviews to boost retention

January 19, 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.

  • practice management

63% of Organizations Preparing for an M&A Deal This Year

January 18, 2023

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

  • business and industry
  • practice management

79% of Companies Face Challenges When Purchasing New Tech: Weekly Stat

January 18, 2023

Are the legacy workflows in purchasing processes halting growth?

  • business and industry
  • practice management
  • technology and cybersecurity

Governor Lamont Announces 2023 Legislative Proposal: Save Money for Small Businesses by Restoring Pass-Through Entity Tax Credit

January 18, 2023

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.

  • business and industry
  • practice management
  • state tax
  • advocacy - state

Advice for M&A professionals tasked with a finance transformation

January 11, 2023

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.

  • business and industry
  • practice management

Are midcareer CPAs happy in your firm?

January 11, 2023

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.

  • career resources
  • practice management

Melancon looks ahead to tax season challenges

January 11, 2023

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.

  • accounting and auditing
  • practice management
  • state tax
  • technology and cybersecurity
  • advocacy - federal
  • federal tax

Salary Transparency is Here: What CFOs Need to Know

January 06, 2023

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

  • business and industry
  • career resources
  • practice management

AICPA Unveils Blueprints for Redesigned CPA Exam

January 04, 2023

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.

  • business and industry
  • career resources
  • practice management
  • advocacy - federal

The economic forecast for accountants

January 02, 2023

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.

  • accounting and auditing
  • business and industry
  • practice management

Art of Accounting: Nine predictions for the future

January 01, 2023

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

  • business and industry
  • practice management

Your 2023 to-do list

December 27, 2022

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.

  • practice management

Steps to take when a remote job turns out to be more office-based

December 16, 2022

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

  • business and industry
  • practice management

Sustaining Employee Morale and Productivity When Finances Are Tight

December 16, 2022

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

  • business and industry
  • practice management

Employment in Connecticut Continues Its Post-Pandemic Recovery

December 15, 2022

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.

  • business and industry
  • practice management
  • advocacy - state

Nearly Half of U.S. Workers Plan to Look for a New Position in the New Year

December 14, 2022

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.

  • business and industry
  • career resources
  • practice management

The future of work: Back to the office

December 08, 2022

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

  • business and industry
  • coronavirus
  • practice management

Benefits and flexibility remain important to attract talent, report finds

December 06, 2022

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.

  • business and industry
  • career resources
  • practice management

No, Remote Employees Aren’t Becoming Less Engaged

December 06, 2022

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.

  • business and industry
  • career resources
  • practice management