When it comes to risks associated with cyber incidents, a majority of tax professionals do not have a firm grasp of what it takes to prevent attacks on their data, according to a new survey from the Travelers Companies Inc.
According to more than 220 finance leaders who participated in a new survey by FEI, audit fees paid by public companies in 2012 increased by 4 percent over their prior fiscal year audit; private company fees increased by 3 percent.
Nearly nine out of ten New Jersey CPAs expect their businesses to grow in 2014, while more than half say their firms are performing better now than at this time last year, according to a recent Capital One Bank survey.
Nearly half of CPAs say they are familiar with the new Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs) released by the AICPA on June 10, according to a recent special report by Thomson Reuters.
The "State of the Outsourcing Industry 2013" survey, which was released on July 8, found that client expectations of outsourcing are evolving to be more value-focused, with IT and F&A BPO dominating future outsourcing plans.
For the first time in twenty-four years, the average annual total compensation for members of the IMA has topped $130,000, while average annual salaries for IMA members increased 3.3 percent, from $109,001 in 2011 to $112,625 in 2012.
In boardrooms across the country, finance executives share a common question: Will he stay or will he go? All eyes are on Ben Bernanke amid speculation that he will cede the top spot at the Federal Reserve.
Staffing is among the top management issues facing CPA firms, according to a recent survey by Sageworks. That's not surprising, considering many firms are experiencing a staffing crisis as they lose significant percentages of top staff.
In a recent study, Bersin by Deloitte found that overall spending on training rose 12 percent on average in 2012 – a sign that amidst greater financial stability, organizations are focused on reskilling their workforces.
With economic conditions improving, CPAs are taking a longer-term, more strategic view of goals to ensure their firms thrive, according to the American Institute of CPAs' 2013 CPA Firm Top Issues Survey.
For the third year in a row, accounting and finance is among the top ten jobs that are the hardest for employers to fill, according to a recent survey from Milwaukee-based workforce solutions firm ManpowerGroup.
The IFRS Foundation has completed the first phase of an important initiative to assess the progress toward global adoption of IFRSs. The G20 has called for global adoption of a single set of high-quality financial reporting standards.
Thirty-four percent of US small businesses and fifty-five percent of midsized businesses say they expect their staffing levels to remain the same in 2013, according to a hiring forecast by Sage North America.
According to Sageworks latest "Private Company Report" released May 28, private companies in the United States continued to grow at a healthy pace and experienced strong profit margins in the most recent period.
While overall employer expectations for hiring college graduates this fall are likely to remain relatively flat, more than half of companies report they'll be pursuing graduates who majored in accounting, according to a recent study.