News

Work/life balance is imperative to attract and retain younger workers. New research shows business leaders aren’t as enthusiastic about flexible working as employees are.

No policy issue has dominated the accounting profession over the past several decades as much as accountant education – specifically, the 150-hour education requirement.

Companies that mandate full-time office commitments are likely to experience turnover among leadership, data suggests.

While the large majority of future C-suite executives at financial services institutions don't view a fully remote work model as ideal for their roles, most are opposed to a return to fully in-office work – something that C-suite leaders of today would be wise to keep in mind.

A recent global survey from McKinsey found that leaders are looking to increase AI-related investments, but less than half have planned for the organisational risks involved.

Employees use data more than brainstorming or gut instinct when making decisions, according to a Slingshot survey.

The American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) will launch an innovative post-graduate program this fall in collaboration with the Tulane School of Professional Advancement (SoPA). The program blends rigorous online learning with on-the-job professional experience for college accounting graduates, offering a less costly and more flexible way to complete the 150-hour course credit requirement to become a licensed CPA.

So, what can accountants do to attract the best talent and convince more job hunters to apply for roles with them? In this article, we give you our take.

Business decision makers believe generative AI models, such as the infamous talking bot ChatGPT, will either reduce the overall headcount at their organizations or increase it, depending on who is asked.

If you look after your team they will look after your clients. It will also stop them looking for jobs elsewhere.

Increasing automation and having fewer time-consuming meetings are pathways to improved efficiency, a new report finds.

Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo is warning Connecticut employers and residents of an uptick in unemployment benefits fraud due to identity theft. Connecticut is among states being targeted by criminals who are flooding the unemployment system using stolen identities to file for benefits. During the pandemic, stolen identities were available on the dark web for about one dollar. Criminals are still mining this resource to purchase names, Social Security Numbers, birth dates, and other personal information that they use to apply for credit cards, bank loans, and unemployment benefits. Connecticut’s unemployment system is currently receiving several thousand claims per day; CTDOL suspects around 75% are fraudulent and is withholding payment.

Finance professional and data expert Michelle Govindsamy fills in the gaps on AI’s role and how the profession will change in the future.

Generative AI will have a profoundly disruptive impact on accounting and finance, but that doesn't necessarily mean job loss. It does mean embracing new tools, and deeper automations. Sage CTO Aaron Harris breaks down the top use cases - and what we need to do next.

The rising interest in finance automation presents a compelling growth opportunity for controllers to establish themselves as de facto finance chief information officers.

any bosses seem convinced that remote work is hampering productivity. But companies with remote or hybrid policies appear to be hiring people at about twice the rate of employers that are fully in office, according to a new analysis.

But progress is being made in laying the strategic groundwork for embedding sustainability into organizations’ DNA.

Neil Cutting catches up with Joanne Caruso, executive vice president at the $16bn professional services company Jacobs, to talk about the work they did together in shaping the organisation’s “future of work” initiative.

In a milestone moment for the creation of a global common language for sustainability reporting, the International Sustainability Standards Board (ISSB) on Monday issued its first two standards. IFRS S1, General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2, Climate-related Disclosures have an effective date of Jan. 1 for some portions, pending adoption in more than 140 jurisdictions worldwide. IFRS S1 features a global baseline for reporting requirements on the disclosure of sustainability-related risks and opportunities. IFRS S2 features reporting requirements specific to climate-related disclosures, in concert with the reporting framework established by IFRS S1.

AI’s use in cybersecurity efforts is already taking place to protect areas of businesses that are now data-reliant.