Industry Insights

The article discusses key insights and best practices for managing remote teams, drawn from recent conferences like AICPA Engage, Scaling New Heights, and the CPA Firm Management Association. With the shift towards hybrid and fully remote work models, maintaining effective team dynamics is crucial.

The recruitment landscape for accountants is evolving, with candidates now prioritizing environments where they can truly thrive. For employers, this means offering competitive salaries, flexible work arrangements, and a supportive culture are essential, not just additional perks. The focus must shift from simply filling roles to finding the right fit, moving beyond traditional recruitment methods to include strategies like networking and tapping into passive candidate pools.

The AICPA is working to change outdated perceptions of accounting, improve early accounting education, reduce required practice hours for CPA qualification, and encourage under-represented groups to join the profession. Employers can support these efforts by engaging with educational institutions, revising onboarding processes, promoting competency over time-based measures, and ensuring inclusive recruitment practices. These actions aim to address the supply issues of future accountants and make the profession more appealing and accessible. Which initiative will you prioritize?

The balance of power in hiring has shifted towards candidates who are likely to receive multiple offers. To attract top talent, firms must not only implement these strategies but also communicate them effectively. Engaging existing employees to understand their needs can help both in recruiting new talent and retaining current staff.

To successfully provide these services, firms may need to upskill their staff or hire industry-experienced professionals. Temporary secondments to client sites can also help staff gain valuable insights. For more information on transitioning to controllership services, the blog suggests contacting Deb Defer at Woodard.

I always struggled with coaching conversations. Not my strong point at all. I guess I was one of those accounting partners where working with clien...

From TikTok to non-profit organizations, Gen Zers opt for a wide range of career paths, marked by flexibility and creativity. However, it seems tha...

The introduction of proctoring in our online tests marks a significant advancement in ensuring integrity and security. Utilizing AI technology, proctoring offers enhanced monitoring capabilities, extended testing durations, and comprehensive detection of cheating behaviors. By embracing this innovation, we reaffirm our commitment to providing trustworthy solutions and fostering transparency and trust in online assessments.

When selecting the best candidate for a role, comparing candidates directly to the job description rather than to each other enhances accuracy and fairness. By aligning skills assessment results with job requirements, employers establish objective benchmarks, streamline the hiring process, and ensure a positive candidate experience, ultimately facilitating informed hiring decisions and maintaining employer brand integrity.

In the ever-evolving realm of examinations and assessments, proctoring remains a timeless safeguard against cheating, particularly vital in fields like accounting where integrity is paramount. As technology reshapes the landscape of online testing, ensuring fairness, accuracy, and confidentiality becomes crucial, underscoring the importance of integrated proctoring solutions tailored to the needs of accountants and accounting firms.

Transitioning accounting firms to a successful remote work culture demands meticulous planning, transparent communication, and adept utilization of technology. This article delves into strategies such as establishing clear policies, fostering communication, promoting continuous learning, maintaining work-life balance, and embracing the right tools, showcasing how this evolution can lead to heightened efficiency and job satisfaction

Looking to hire top-notch accounting or bookkeeping talent? Say goodbye to outdated practices and hello to effective hiring strategies. Discover the dos and don'ts of the hiring process to attract the best candidates and make offers faster than ever before.