News
Training, recruitment, and retention — the benefits of hybrid working
July 05, 2023
Hybrid working continues to bring benefits for employers and employees, according to finance leaders and professionals in Sri Lanka and Central and Eastern Europe.
Inclusion advice: Start with allyship
June 28, 2023
A new report shows "disproportionate challenges” for LGBT+ employees, shares inclusion advice for organisations.
In one minute, this simple tool could save practitioners hours
June 26, 2023
A few clicks of the mouse could save practitioners a ton of time by assisting them in determining whether they need to apply the requirements of AR-C Section 70, Preparation of Financial Statements, when their bookkeeping or accounting services result in financial statements.
5 Trends to Know About Today's Multigenerational Workforce
June 22, 2023
Today's workforce is made up of four distinct generations. Understanding what motivates each of them can help companies more effectively recruit, manage and retain strong teams.
Pilot program set to help all stakeholders along the talent pipeline
June 21, 2023
The 150-hour education requirement for CPA licensure has become a target for some who see it as an easy way to ease the talent pipeline issues facing the profession.
Why accounting firms need a strong strategic plan
June 20, 2023
Failure to plan is planning for failure. That adage rings especially true for accounting firms in these modern times. Buffeted by hurricane force winds of change, firms must ponder how to proceed through uncharted, unsettled waters.
Why a good website is essential for your practice
June 19, 2023
A good website that meets client expectations is fundamental for accountants and bookkeepers in 2023. It’s a way to generate and convert leads, a place for existing clients to access knowledge and support, and a modern-day equivalent to ‘word of mouth’.
Succession: Why it should be on accountants' minds
June 15, 2023
Passing your practice on to the next generation sounds easy, but far too often, accountants bury their heads in the sand rather than planning for the future of their firm and their colleagues.
ChatGPT and the hype around generative AI
June 14, 2023
If you paid any attention to the hype surrounding the initial release of OpenAI’s ChatGPT last November – and then the ChatGPT-4 model release more recently, you already know why this emerging tech is creating quite a stir. The ability of generative AI (or GenAI) platforms to answer questions, perform tasks, generate content and “converse” with human users gives a lot of people the uncanny feeling that the stuff of futuristic science fiction is suddenly at hand.
How To Recruit Employees: Creative Employee Recruitment Strategies
June 13, 2023
A new or growing business may need to devise creative recruitment strategies to reach the most qualified individuals. In today's labor market, many small and medium-sized businesses face additional hiring challenges thanks to recent inflation and economic fluctuations, which have created uncertainty for both employers and job seekers.
The skills crunch: How did it get so bad?
June 13, 2023
From the great resignation to quiet quitting and the lost generation of talent, a perfect storm has capsized the profession’s attempts to solve the skills shortage. While there is hope, it’s not going to be easy.
AICPA, NASBA looking for firms to pilot 'Experience, Learn and Earn' program
June 12, 2023
The AICPA and the National Association of State Boards of Accountancy (NASBA) are working together to develop an integrated education and experience program for students who need a path to the 150 credit hours required for CPA licensure. The Experience, Learn and Earn program (ELE) will combine meaningful online study integrated with early work experience.
3 Ways CFOs Can Drive a Cohesive Company Culture
June 08, 2023
Here’s how CFOs can use their unique skill set to play an active role in strengthening company culture.
AI won't take your job, But someone using AI might
June 07, 2023
ChatGPT is the latest in a very long line of artificial intelligence (AI) advancements to result in much scaremongering.
Tactics to manage and resolve workplace conflict
June 07, 2023
Framing conversations, using emotional intelligence, and bringing in a mediator if needed can help resolve business workplace conflict.
Accounting giants join AI investment rush
June 06, 2023
Thanks to the hoopla surrounding ChatGPT and other generative artificial intelligence (AI) tools, private and public investors are caught up in a funding frenzy recently characterised by the FT as “the latest Californian gold rush”.
Future of Finance: Upskilling is crucial, but mindset is the crux
June 05, 2023
From the formation of the Future of Finance Leadership Advisory Group (FFLAG) two years ago all the way through Monday's session at AICPA & CIMA ENGAGE 2023, finance leaders have consistently "FFLAGed" the talent pipeline and digital transformation as the top issues on their to-do list.
Leadership on LinkedIn: Pathways and Pratfalls
June 02, 2023
With LinkedIn dominating the professional social media landscape, leaders who want to establish a brand must take heed of the pitfalls.
Pessimism, contraction plans rise for CPA decision-makers, survey shows
June 01, 2023
Three years ago, at the onset of the COVID-19 pandemic, CPA decision-makers in business and industry were historically pessimistic about their own organizations.
5 DE&I Strategies for Small Businesses
May 26, 2023
Here’s how small businesses can implement diversity, equity, and inclusion initiatives to strengthen their culture and continue to evolve.