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Came across this on r/big4 this morning, let’s remember half of what you see on Reddit is just someone’s creative writing exercise and people who claim to make $200k/yr are often 14-year-old larpers but hey what kind of weirdo would pretend to be a Big 4 manager on the internet. Read on. I don’t think that this is talked about enough, and as a manager, I wanted to give my two cents on what I wish I was told back when starting my career.
Across the pond, PwC has been fined $2.12 million after the firm failed to properly challenge UK telecom group BT once a half-a-billion pound fraud was discovered in BT’s Italian operations: “The sanctions imposed in this case, where certain elements of the adjustments following a fraud were not subject to the required level of professional scepticism, underscore this message and will serve as a timely reminder to the profession,” Claudia Mortimore, deputy executive counsel at
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Crypto currency has exploded in popularity the world over. Whether used as an investment, store of value or to disconnect from the worlds fiat banking system, crypto is all the rage. Whether you’re already investing in currencies like Bitcoin or Ethereum, or perhaps considering dipping a toe in the pool, you need to understand the tax implications in Australia.
It’s a fact of any business: Employees occasionally miss work and absenteeism is going to happen. Sure, absenteeism isn’t always avoidable. But, there are steps you can take to reduce absenteeism in the workplace. 5 Ways to reduce absenteeism in the workplace Absenteeism is preventable if you’re willing to take a few steps to improve […] READ MORE.
Why is integration with payment platforms so important? The world of e-commerce is growing at a fast pace. While digital payments are also on an uptrend, the fragmented nature of payment methods remains a problem. In addition to this, sometimes the complexity of integrating with different payment platforms makes it even more difficult for an e-commerce firm to accept digital payments.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Those who have been in the corporate world a while should recognize the latest trend in business solutions: business and IT stakeholders are once again building their own. For those of you already using the Office365 / Microsoft 365 platform , you probably know that Microsoft strongly believes the next generation of business apps will be developed directly by business and IT stakeholders (instead of buying off-the-shelf solutions).
Here's a look at how today's client accounting services (CAS) firms can build the right teams, streamline processes, adapt their pricing and billing models to find success, and more.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
Menzies LLP - A leading chartered accountancy firm. Despite the numerous reports saying the digital gold rush is over, NFTs are still around and developing into even more complex trading assets. Although there is currently no tax regulation regarding NFTs from HMRC, it is vital to remember that all profits generated from trading NFTs must be declared for tax purposes.
This is one of the articles in the KROST Quarterly Hospitality Issue, titled “Tax Credit for Hiring New Employees” by Kimberly Hoang, CPA. The restaurant industry took a massive hit during the pandemic. With statewide mandates enforcing closures, layoffs were necessary. As vaccines have become widely available, the industry is slowly making its way back Read the full article.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
The Wendy’s Company (NASDAQ: WEN) is a fast-food chain and is a publicly held corporation. Wendy’s fiscal reporting periods consist of 52 or 53 weeks ending on the Sunday closest to December 31. Wendy’s 2021 fiscal year ended January 2, 2022, and its 2020 fiscal year ended January 3, 2020. To follow is a condensed […].
One of the best and easiest ways to stay ahead of your competition in business is to use available data to come up with new ways of improving business processes. . This involves an in-depth analysis of raw data to generate actionable insights for business. But how do you analyze data to know what actions need to be taken to improve your business? Read on to learn the best processes of data analysis and the importance of data-driven analytics.
What kinds of things can forensic accountants be involved in relative to construction fraud? A common area of fraud involves a general contractor using funds from a project to fund other projects. Also common is the construction company claiming a project is further along than it really is in order to get paid more than it is entitled to. Hear more in this video: When a construction project is delayed, the forensic accountant may be retained to calculate the losses due to the delay.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
After a marathon weekend session, the Senate modified and passed the Inflation Reduction Act of 2022 on August 7 along partisan lines, with VP Harris casting the tie-breaking vote. The bill now moves to the House where it is likely to be approved this Friday, August 12. President Biden is expected to sign the bill shortly thereafter. The bill is significantly smaller in size than the Build Back Better Act that stalled in Congress last year.
As the Fed tries to ease inflation by increasing interest rates, there’s a rather nasty tax issue lurking in the shadows. For businesses that issued floating-rate debt, the interest rate is about to increase significantly at the next reset date because the Fed just increased its benchmark interest rate by 75 basis points for the second straight month.
Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.
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