Survey

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

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.
A&A

Survey: Accounting Jobs Can Take as Long as a Month to Fill

CFOs reported that vacant staff-level accounting or finance jobs take an average of four weeks to fill, while open management-level positions take five weeks on average to fill, according to a new Robert Half poll.
Education & Careers

PwC Takes Top Spot in Vault Accounting 50 for 2015

For the second-straight year, the Big Four firm was named the No. 1 accounting employer in North America, according to Vault.com's latest rankings that were released on Tuesday.
Practice

Survey: Work Hours and Resources Not Spared From Tax Preparation

According to a new Accountemps survey, 30 percent of respondents believe it is not unusual for employees to spend time on personal income tax preparation during the workday – and use company resources to do it.
A&A

Survey: More CAEs Being Recruited From Outside Profession

Forty-two percent of the nearly 370 North American chief audit executives (CAEs) recently surveyed by the Institute of Internal Auditors' Audit Executive Center said they held a position outside of internal audit immediately prior to becoming a CAE.
A&A

Social Media Risk Is a Concern for Internal Auditors

A top priority for chief audit executives and internal auditors this year is preventing risks – such as hits to the bottom line and a loss of productivity – that could result from social media use within their organizations, according to a survey released last week by global consulting firm Protiviti.
Tax

Survey: Tax Reform Strikes Out in 2014

All 129 business tax executives surveyed recently by law firm Miller & Chevalier and the National Foreign Trade Council believe tax reform is unlikely this year. However, 77 percent think the package of tax breaks that expired at the end of 2013 will be extended by Congress.
Practice

PwC Survey: No Let Up In Fraud at US Companies

Forty-five percent of organizations in the United States experienced some type of fraud in the past two years, more than the global average of 37 percent, according to a recent global survey from Big Four firm PwC. In addition, two types of economic crimes are particularly on the rise: accounting fraud and bribery and corruption.
Practice

CFO Survey: Workers Taking on More Health Care Costs

A recent survey of nearly 100 US financial executives by Deloitte LLP found that 42 percent of respondents pointed to the Affordable Care Act as the reason they had to pass further health care costs on to their employees during the fourth quarter of 2013 – and 63 percent are planning to do so this year.
Education & Careers

What Day Is the Most Productive? Tuesday!

According to a recent survey of human resources (HR) managers by Accountemps, the most productive day of the week to tackle work-related projects is Tuesday.

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