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Friday Footnotes: No Foolin’ Here; 18,000 New Accounting Jobs; Skills Auditors Need NOW to Be Future-Ready | 4.1.22

Going Concern

public companies more than doubled in 2020, according to the 2021 U.S. Goodwill Impairment Study (“2021 Study”) released today by the Valuation Advisory Services practice of Kroll, the leading provider of data, technology and insights related to risk, governance and growth. Photo by Cristyan Bohn. appeared first on Going Concern.

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Are accounting firms keeping remote work positions?

ThomsonReuters

Are there still remote accounting jobs? The short answer is yes, remote accounting jobs are still being offered. Let’s take a closer look. It has been a few years since the onset of the pandemic, so where does the profession currently stand? And the benefits were not going unnoticed.

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Friday Footnotes: AI Trash Talks Big 4 Firms, Academics Apologize; EY Partner Took $700k in Naughty Money | 11.3.23

Going Concern

How will AI affect accounting jobs? Thomson Reuters ] While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools.

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The Virtual Workplace Is Here To Stay

AccountingDepartment

Before the pandemic, only 6% of jobs were primarily remote. As of July 2021, 46% of management, business, and financial operations employees were working remotely. Glassdoor has also reported a surge in searches for remote positions continuing into 2021. Are You Looking for a Remote Accounting Job?

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GAAPWEB 2023 Salary Survey

Accounting Insight

Salary Changes by Job Title Increases to average salaries were reported across a broad range of finance and accountancy job titles, including many entry level jobs and junior finance roles. Bonuses In 2023, 51% of our respondents received a bonus, with 41% of those being a 3-5% supplement to their salary.

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You’re wrong, Elon! Home working isn’t morally wrong – especially for accountants 

Accounting Insight

As we’re focusing on accountancy, lets crunch the numbers. There are over 1,099,751 accountants in USA alone, and with certain publications advocating a change in role every 1-3 years , there will frequently be accountancy jobs up for grabs across the pond.

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How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025. CPA firms said they expected to hire more new accounting graduates — 36 percent in 2022 compared to 28 percent in 2021. Accounting positions remain in demand, even in the current job market. However, the job is evolving.