The next decade will see industries transition to a Cloud-enabled world where work can be accomplished anywhere, anytime. This will especially be true of the accounting profession, according to a new study by Intuit.
Starting salaries in the accounting and finance profession are projected to increase by an average of 3.4 percent across the board in 2014, with financial and business analysts, internal auditors, and entry-level accountants among the positions that are most in demand.
Despite knowing that most employees leave their companies because of a lack of opportunity for career growth, only 14 percent of hiring managers in accounting and finance said they are willing to negotiate employee development opportunities during the hiring process.
A new survey released by Big Four professional services organization EY explores generational dynamics in the workplace and reveals a significant movement in Generations Y and X surging into management roles over the last five years.
Major gains in innovation within companies have been realized in 2013, as 94 percent of business leaders cited how innovation ties to sustainability and growth as a top organizational priority, up from 79 percent last year.
Small and medium-sized businesses accounted for 102,000 of the 166,000 jobs created from August to September; however, jobs for financial activities declined during that time frame, according to the latest national employment report from ADP.
Many employers are pulling out all the stops to attract employees with in-demand skills, including offering better benefits, higher pay, and improved training and development opportunities, according to a new survey of CFOs.
While many of today's CFOs have taken the usual finance stepping-stones toward their executive roles, they believe tomorrow's CFOs will need new experiences and key skills to meet the evolving needs of business, according to a new report.
CPA firms in 2012 posted their first respectable increases in revenues since before the start of the recession; however, professional staff turnover last year rose approximately 50 percent across the board compared to 2011.
One of the most complex business decisions an accounting practice will face is putting together a succession plan, but a recent survey conducted by the National Society of Accountants revealed that many firms do not have a plan in place.