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Is your firm overpaying for external hires?

Accounting Today

With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent. My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions.

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IASB revises practice statement on management commentary

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email The International Accounting Standards Board released a revised practice statement on management commentary to achieve better global alignment, while its parent, the IFRS Foundation, released guidance on an entitys climate-related transition disclosures.

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IMA expands competency framework for accountants

Accounting Today

By Daniel Hood 1h ago Accounting IASB revises practice statement on management commentary The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures. 3h ago Like what you see?

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Inside GASB's far-reaching agenda

Accounting Today

Anytime they maybe even can increase the budget, theyre more likely to add a police officer or a firefighter than they are an accountant, so the accounting just tends to be not as valued as the other services the governments are providing. Audit firms tend to want to focus on other sectors." 7h ago Like what you see?

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GASB gives guidance on pronouncements

Accounting Today

By Daniel Hood 1h ago Accounting IASB revises practice statement on management commentary The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures. 3h ago Like what you see?

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Caseware announces acquisition of LeaseJava

Accounting Insight

SaaS solution enables automation of complex lease accounting calculations, ensuring precision and simplification Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of LeaseJava, a software-as-a-service (SaaS) solution designed and developed by leasing standards experts.

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Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24

Going Concern

. — Going Concern (@going_concern) October 23, 2024 Local Potsdam village officials to begin search for new auditing firm [ North Country Now (New York)] The country-wide municipal mess continues… The village [of Potsdam, NY] is looking for a new firm to complete its annual fiscal audit.