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.
The 2014 proxy season saw significant growth in audit committee transparency, continuing a recent trend of Fortune 100 companies going beyond the minimum disclosures required, according to a new Ernst & Young report released on Monday.
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.
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.
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.
Spending time on social networks appears to be normal behavior at most workplaces. Employers need to deal with its risks and minimize its costs. Employees should consider the potential ramifications of every post they make.
According to a press release by the Global Business Travel Association, a business and travel meetings organization with more than 5,000 members, "taxes levied specifically on travel-related services increased the total tax bill for a traveler by 58 percent in 2013."
Sixty-three percent of the more than 1,000 M&A professionals, investors, and advisors surveyed recently by Big Four firm KPMG LLP believe their US companies or clients will initiate at least one acquisition next year.
CPAs in New Jersey, New York, and Pennsylvania believe economic conditions will likely be the same one year from now. While they predict higher business revenues for their states next year, they do not have the same optimism for workforces.
Despite having one of the highest worker confidence levels among all industry sectors, overall confidence of accounting and finance professionals declined slightly by 0.8 points in the third quarter of 2013.
Accounting firms have until the end of the month to participate in the First Annual Accounting Firm Operations and Technology Survey, which gauges what types of technology accounting professionals are using in their practices.
A recent study of lateral hiring trends in the accounting industry by Koltin Consulting Group found that firms are spending money for recruiting "heavyweight" partners away from their competitors as a way of accelerating growth.
A recent survey of CIOs and IT professionals by Robert Half Technology revealed that although a majority of CIOs believe their IT employees are quite happy with their jobs, more than one-third of IT workers reported job dissatisfaction.