CPA Practice

MARCH 5, 2024

Technical skills and a meticulous eye for detail have always been the bedrock of the accounting profession. As we venture through the evolving landscape of modern business, the ability to adeptly navigate our own emotions and those of others has become indispensable for accountants looking to elevate their service beyond the numbers.

Account 125

Account accountant accounted Education 125

CPA Practice

MARCH 20, 2023

Many accountants begin their career by landing a junior-level position that requires long hours staring at spreadsheets. Some accountants will be satisfied with that as the “end-all, be-all,” but not you. There’s a mixture of both soft and hard skills that are required for a person to be considered a high-quality VCFO.

CPA 115

CPA Start-ups Account accountant 115

ThomsonReuters

FEBRUARY 18, 2022

Job fit is critical when hiring new accountants for your firm. The right accountant in the right role means a happy, engaged, and thriving employee. That is why matching candidates’ skills, experience, and attitudes to the job description and requirements is crucial. Technical skills and work experience are essential.

Account 98

Account accountant accounted accounting firms 98

Going Concern

JULY 10, 2023

KPMG UK is joining Deloitte and PwC in adding soft skills and professional basics to the firm’s new hire training, having noticed the recruits are lacking in “people skills” critical to hack it in public accounting. Why is this new crop so devoid of interpersonal intelligence?

public accounting 44

public accounting Account accountant accounted 44

Accounting Insight

JANUARY 9, 2024

Libby is an award-winning Accountant with over 27 years’ experience in both industry and practice. Libby loves working closely with business owners and supporting them to resolve business challenges, holding them accountable, and occasionally asking difficult questions to help them meet their goals. How did you get into the profession?

bookkeeping 52

bookkeeping Hospitality Start-ups Account 52

CPA Practice

JANUARY 16, 2023

As Michelle Lubbe works toward the online Master’s of Accounting (iMSA) from the University of Illinois at Urbana-Champaign, she instantly puts what she learns to the test. “On Why skill development matters for your career and how to make it work online. In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025.

West Virginia 98

West Virginia Illinois forensic accounting CPA 98

CPA Practice

APRIL 10, 2023

Questions that gauge soft skills — One in five managers attribute their hiring mistakes to placing too much weight on technical skills. However, off-site opportunities are more common for technology and finance and accounting positions. The job market continues to favor skilled workers. Prepare to negotiate.

accounting and finance 76

accounting and finance Finance Account accountant 76

CPA Practice

JULY 12, 2023

Seasonal fluctuations are a part of life in accounting, but don’t let this downtime go to waste. Training also helps keep team members fulfilled because they’ll be: Challenged to grow Able to advance to new roles Assess each employee’s skillset, offer training for skills they’re lacking, and don’t forget to add in soft skill training, too.

Real Estate 75

Real Estate Technology Start-ups tax planning 75

Going Concern

AUGUST 7, 2023

We understand that students who missed out on face-to-face activities during the pandemic are keen to learn skills such as networking and presenting,” Ian Elliott, PwC’s chief people officer, said. The plan is to have interns working in-office or at the client site for at least half the week. This just happens to be a good one.

payroll 81

payroll Account accountant accounted 81

CPA Practice

JUNE 6, 2023

McClain, CPA, CITP, CISA, PMP, CGFM Chief Financial Officer Girl Scouts Nation’s Capital [link] How do you envision the accounting profession evolving in the foreseeable future for women? As a result of this flexibility, I see increased representation of women in leadership in the accounting profession.

CPA 52

CPA Account accountant accounted 52

Withum

JANUARY 12, 2024

Withum partner and Market Leader of Outsourced Accounting Systems and Services (OASyS), Nina Chmura , began the OASyS Intro to Accounting Day, which introduces local high school students to the firm and the accounting profession. Withum has also recently hired three high school interns at the Red Bank office.

New Jersey 52

New Jersey CPA accounting system Account 52

CPA Practice

FEBRUARY 12, 2024

It requires identifying and developing future firm partners to be technically skilled, adept at communication, and capable of solving problems, developing business and leading teams. Acquiring new expertise or skills Each new partner can bring unique skills or expertise, diversifying the firm’s capabilities and services.

Construction 52

Construction Start-ups Account accountant 52

CPA Practice

JULY 11, 2023

Overworked and under pressure, today’s accounting professionals face the harsh reality of time starvation. This trickles down to the pipeline issues, as the students choosing degrees read online about the lifestyle of an accountant and choose other degrees. The question arises: how do we navigate this indispensable transformation?

Account 105

Account accountant accounted Technology 105

TaxConnex

MARCH 23, 2023

Having an ownership mindset (accountability) and asking for help when you need it (vulnerability). Some would call those “soft” skills, but the word “soft” bothers me, they aren’t “soft”, they are hard core qualities that really matter and will make you stand out.

Sales 130

Sales Tax Florida Start-ups 130

Going Concern

JUNE 14, 2023

When asked about accountancy specifically, nearly half (48%) of those surveyed thought the profession favours those with parents or guardians from a professional background – such as doctors, lawyers and accountants. That last bit is of particular importance. Some work has already been done on this front.

Start-ups 111

Start-ups New York Education Account 111

PANALITIX

SEPTEMBER 20, 2020

We hear a lot about accountants evolving their businesses to offer high margin (advisory) services. The fact is, however, that most accounting businesses will continue to offer compliance services because they are in demand and are the bedrock of an accounting business. Improving Workflow. to Drive Profit and Growth.

New Jersey 100

New Jersey accounting firms Account accountant 100

ThomsonReuters

JANUARY 20, 2023

More than ever before, today’s audit talent needs more than technical skills. Technical skills may be the foundation, but strategic skills are what truly rounds out a great auditor. What does this mean for audit talent? In the early days of auditing, firms sought candidates who had strong accounting and math backgrounds.

audit 59

audit auditor Technology CPA 59

CPA Practice

OCTOBER 2, 2023

Base pay for 11 positions in public accounting is projected to rise 4.9% The global talent solutions provider recently released its 2024 Salary Guide , which includes pay expectations for numerous positions in accounting and finance. However, despite these concerns, the labor market simply maintained a slow, but steady pace of growth.

public accounting 73

public accounting accountant salary Account accountant 73

CPA Practice

AUGUST 31, 2023

The survey polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles. economy’s prospects, according to the third-quarter AICPA & CIMA Economic Outlook Survey.

accounting and finance 59

accounting and finance public accounting Finance management accounting 59

Xero

APRIL 6, 2023

Our recent research found that accountants are facing a number of serious challenges, so we want to put a spotlight on their brilliant work, and their lives beyond the industry. They tell us more about the misconceptions they face, how their side projects complement their day-to-day roles, and why they love the accounting industry.

Account 81

Account accountant accounted accounting and finance 81

CPA Practice

JUNE 6, 2023

Guylaine Saint Juste, SHRM-SCP, CAE 2023 Most Powerful Women in Accounting President & CEO NABA, Inc. How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession is evolving to become more inclusive and supportive of women in general. Believe you can and you will.

Account 52

Account accountant accounted accounting firms 52

Going Concern

JANUARY 26, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Indeed, trust is not built on mitigating risks alone. million from the federal government.

Account 114

Account accountant accounted audit 114

Going Concern

MAY 28, 2024

The local news in Cincinnati covered this strategic move : One of Greater Cincinnati’s largest accounting firms is being acquired by an Indianapolis company. The Institute of Chartered Accountants in England and Wales (ICAEW) has published a report called Evolution of Mid-Tier Accountancy Firms. Let’s find out.

audit 67

audit Hospitality Account accountant 67

RitaKeller

NOVEMBER 16, 2020

“Some people call these, “soft skills.” But for me, they’re real skills. The skills that actually determine how far we’ll go and how it will feel to work with us as we move forward.” Also, for many years we complained that we employed some very skilled managers but nearly all of them lacked “soft skills.”

public accounting 40

public accounting CPA Account accountant 40

Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. So if you’re looking to improve your firm in 2022 and keep yourself on the cutting edge of accounting, you’ll love this new guide. Future of Accounting Table of Contents.

Account 111

Account accountant accounted Technology 111

Reckon

AUGUST 10, 2022

Possessing creativity in a business setting is a highly prized soft skill. Tatianya gave up her job as a Finance Accountant 5 years ago to open a sewing school called ‘Stitchery & Co.’ It started out as a small business, just me teaching sewing, and now it’s grown into something that is a creative hub for lots of people.”.

accounting and finance 98

accounting and finance bookkeeping Manufacturing Education 98

Accounting Insight

MARCH 8, 2023

Trouble finding qualified staff continues to be a top concern for accounting firms of all sizes, according to the AICPA’s 2023 Top Issues Survey. Workers who may lack an accounting degree but have a business background, or bookkeeping and tax experience, may be a good fit for client accounting services and certain tax engagements.

accounting firms 59

accounting firms Account accountant accounted 59

Accounting Insight

AUGUST 16, 2023

All too often, CPA firms focus the bulk of their efforts on lead gen, which tends to create compromises in other critical areas of the business – namely recruiting exceptional accounting talent. CPA firms have several unique challenges in recruiting top accounting professionals. But what exactly is an “A-player” for a CPA firm?

cpa firm 52

cpa firm CPA Technology quickbooks 52

Going Concern

FEBRUARY 2, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. But the challenges she is facing defy simplicity.

audit 107

audit Tax Texas Massachusetts 107

CPA Practice

MAY 2, 2023

It would provide accounting professionals with greater financial flexibility as they enter the workforce and seek to further their education. AICPA & CIMA, together as the Association of International Certified Professional Accountants, recently released Finance and the Great Reshuffle in cooperation with PwC.

accounting and finance 52

accounting and finance cpas Finance Maine 52

Going Concern

JUNE 20, 2023

It’s closer to $50 nowadays, thank you accountant shortage). an hour for afterschool shifts but in the real world it gets murkier, especially accounting for busy season. In public accounting, early progression is rarely based on merit, but rather on the passage of time. And there’s overtime! Then comes your full-time offer.

Account 95

Account accountant accounted public accounting 95

Ryan Lazanis

MAY 11, 2022

When it comes to finding the perfect accounting professionals for your accounting firm, make sure that you have the right questions to ask in an accounting interview in order to get a sense of their qualifications and experience. 22 of the top accounting questions to ask potential accountants. Let’s go!

Account 98

Account accountant accounted accounting software 98

FraudFiles

FEBRUARY 4, 2021

Traditional accounting and finance skills are not enough when it comes to litigation matters. A financial expert witness must qualify as an expert in court, and must be able to convey her or his findings to non-accountants in both the written and oral formats. Deposition and Court Testimony.

forensic accounting 52

forensic accounting Account accountant accounted 52

Going Concern

MARCH 8, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. District Court for the Southern District of New York said. Well, maybe not all.

audit 75

audit auditor New York Legal 75

Mark Lee

JULY 18, 2023

‘How to deliver advisory services for maximum success’ is the sub-title of a superb new book for accountants that I read recently. Let’s just say that I wish I had written this book, as I am already recommending it to accountants, without reservation. I’ll share the author and title later in this post.

tax return 52

tax return Account accountant accounted 52

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88

Account accountant accounted tax return 88

CPA Practice

JANUARY 19, 2024

Accounting Thought Leaders Say CAS Will Become a Must for Firms in 2024 As technology continues to dramatically shape the accounting profession, the latest big conversations have been around AI and automation. The Role of Accounting in CAS 7. Or is it CAAS (Client Accounting and Advisory Services)? Pricing CAS Services 4.

accounting firms 78

accounting firms Account accountant accounted 78