Are clients being forthright with their financial advisors about factors that could affect their personal finances? While most are, 28.6 percent said they've withheld critical financial information from their advisors.
Confidence among US finance and accounting employees hit a high in the second quarter of 2013, spiking nearly ten points from the previous quarter and reaching levels not seen since before the recession, according to a new survey from The Mergis Group.
A study released by the National Federation of Independent Business (NFIB) and the S-Corporation Association on August 7 shows that S-corporations pay the highest effective tax rates of any type of business.
When CPA Barry MacQuarrie started the "Social Media Survey" in 2010, he said social networking was still relatively new to the accounting profession. He was curious about how accounting professionals were using such sites as LinkedIn, Facebook, and Twitter.
Having expertise in such topics as international tax laws and global regulatory requirements will be somewhat or very necessary for accounting and finance professionals five years from now, according to 69 percent of CFOs who were recently surveyed.
Seventy-three percent of SMPs worldwide are either providing or have plans to provide sustainability services to their clients, suggesting there is a sizeable market for these services among the small businesses that SMPs typically serve.
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.