News
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.
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.
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.
79% of Companies Face Challenges When Purchasing New Tech: Weekly Stat
January 18, 2023
Are the legacy workflows in purchasing processes halting growth?
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.
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.
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.
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.
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.
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.
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.
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:
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.
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.
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.
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.
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.
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.
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.
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.