Survey

A&A

New Hiring Forecast Predicts High Demand for Accountants

According to a new Q4 jobs outlook by staffing firm Brilliant, 28 percent of businesses are planning to increase hiring of accountants and other finance professionals in the next 12 months; temp hiring is expected to go up by 16 percent.
A&A

US Audit Firms Still Vexed by Fair Value Measurement

A new survey from CPA firm Acuitas Inc. found that the percentage of fair value measurement audit deficiencies attributed to business combinations were on the rise in 2012, while those related to financial instruments declined.
A&A

CPA Firm Revenues Continue Steady Climb Upward: Report

Annual revenues last year increased 6.7 percent, marking the third straight year of continued growth at CPA firms in the United States, according to the "2014 Rosenberg Survey."
A&A

Survey: Public and Private Company Audit Fees Went Up in 2013

Public companies' audit fees increased 4.5 percent last year, while audit fees for private companies were 3.7 percent higher in 2013, according to the results of a new survey released on Thursday by the Financial Executives Research Foundation.
A&A

9 in 10 US Internal Auditors Received Pay Raises in 2014: Report

2014 has marked the fifth consecutive year in which the percentage of US-based internal auditors who earned bigger paychecks increased, according to a new study from the Institute of Internal Auditors.
A&A

Small Business Owners Have a Good Feeling About 2015: Survey

A new survey from online accounting software provider Xero found that nearly 90 percent of small businesses are forecasting an increase in revenues next year, while 21 percent are expecting growth of more than 100 percent.
Tax

Poll: US Voters Back Congressional Action on Inversions

A new Wall Street Journal/NBC poll found that 59 percent of registered voters think Congress should enact legislation that would “penalize and discourage” US companies from shifting their headquarters overseas to cut their US tax bill.
A&A

CMA Holders’ Average Salary Increased Slightly in 2013

Accounting and finance professionals with a CMA credential reported an average annual salary of $115,952 in 2013, up from $115,290 reported in 2012, according to a survey released on Thursday by the Institute of Management Accountants.
Practice

Survey: Cybersecurity Is Keeping More Corporate Directors Up At Night

While reputational risk is the No. 1 nonfinancial concern among corporate directors, cybersecurity/IT risk is gaining steam. According to the results of a new survey from EisnerAmper, cybersecurity/IT risk ranked second at 62 percent, up almost 10 percent from last year’s poll.
Practice

Tax Pros Have High Hopes for IRS Transfer Pricing Audit Tool

Many senior US tax professionals believe that a streamlined audit process will be the top benefit resulting from the IRS Transfer Pricing Audit Roadmap, a toolkit organized around a notional 24-month audit timeline, according to the results of a new KPMG survey.
A&A

Big Data Cited as Top Issue for Some CPAs

Accountants who specialize in forensic and valuation services point to electronic data analysis, or big data, as the most pressing issue they’ll face in the coming months, according to results of a new survey released on Tuesday by the AICPA.
Tax

Poll: Smokers Fired Up Over Increases in Cigarette Taxes

A new Gallup survey found that 58 percent of smokers in the United States see increased state and federal taxes on cigarettes as an act of unjust discrimination, while 39 percent believe the tax hikes are justified.
A&A

Hiring Forecast Has Good News for Accountants

Despite the economy's steady, albeit somewhat unhurried, recovery, businesses in accounting, finance, and IT are reporting a significant increase in unfilled staff positions, says forecast.
A&A

IIA Highlights Five Key Strategies for Internal Audit Success

A report released by the Institute of Internal Auditors on Monday examined changing expectations from key internal audit stakeholders and zeroed in on five tactics chief audit executives can use to meet those expectations.
A&A

Many Finance Execs Like Way Economy Is Heading: Survey

For the first time since 2006, more than 50 percent of CFOs believe the economy will show signs of improvement over a six-month span rather than remain the same or worsen, according to a new study from Grant Thornton LLP.
A&A

Finance Teams’ Roles Continue to Expand: AICPA Survey

The responsibilities of the CFO and other finance professionals have moved beyond corporate accounting and financial reporting, and now include strategic business planning, IT development, and cybersecurity, among other areas.
A&A

Companies Shelling Out More Money to Finance Executives

Salaries for finance leaders in private and public companies in 2014 have increased 3.3 percent and 3.4 percent, respectively, according to a new survey released by Grant Thornton and the Financial Executives Research Foundation.
A&A

Many Companies Slow to Implement 2013 COSO Framework

According to a new Protiviti survey, 48 percent of the more than 600 audit executives and professionals surveyed reported that their organization had not yet applied the new internal control framework as of the first quarter of 2014.
A&A

Reconciliation of Accounts Still Mostly Done by Hand: Report

Fifty-nine percent of US companies and 66 percent of Canadian businesses are still reconciling their general ledger accounts manually, according to a new report from Robert Half and the Financial Executives Research Foundation.
A&A

Starting Salary for 2014 Accounting Grads Is $52,900: Report

The average starting salary for students graduating this year with a business major – including accounting – has declined slightly over the last year, according to the latest salary survey from the National Association of Colleges and Employers.

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