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Myriad articles have been written about accounting's pipeline problem over the past couple of years, but for firms and finance departments, the story can be summarized in one sentence: To [...]

KPMG has announced a reduction of approximately 330 positions from its US audit practice, representing nearly 4% of its 9,000-person audit workforce, as the firm grapples with historically low employee [...]

Who'd have thought too much L&D would be a bad thing? That's the question on the minds of many employees at EY after a recent wave of dismissals within the [...]

Deloitte UK has today announced a new policy of (https://www.deloitte.com/uk/en/careers/discover-deloitte/agile-working.html) 26 weeks' fully paid family leave* for all its new parents, which will come into effect on 1 January 2025. [...]

The world of work has undergone a seismic shift in the wake of the Covid-19 pandemic, with the rise of remote and hybrid working models challenging traditional office-centric approaches. As [...]

IN BRIEF For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part [...]

This understanding drives EYs strategic emphasis on developing key competencies within their workforce, particularly in areas such as technology, artificial intelligence (AI), data analytics, and sustainability. This dedication ensures that [...]

In response to a persistent slowdown in client demand, PwC has made the decision to delay promotions in its graduate program. The move comes as the consulting industry faces the [...]

IN BRIEF There are two paradigm shifts affecting businesses today. These two shifts are diversity, equity, and inclusion (DEI) issues and environmental, social, and governance (ESG) concerns. This article focuses [...]

It is widely understood that job stress can lower job satisfaction and performance while increasing feelings of stress and burnout. This is especially true in public accounting--a profession notorious for [...]

As the incoming Managing Partner at PwC Ireland, Enda McDonagh is busy preparing to take over in his new role from 1 July. Although still 'very much in the transition [...]

In the precise and structured realm of accounting, the topic of mental health is often an overlooked narrative. Behind the precision of financial statements and the clarity of audits, accountants [...]

Switching from remote to hybrid working brings with it challenges accounting firms have not had to deal with before. Here is how five firms are tackling these challenges. Two years [...]

Just as the number of young students entering the profession has been shrinking, increasing numbers of older CPAs have been leaving due to forced retirement. Programs that expand diversity, equity, [...]

Previous research has established that women suffer from the impacts of the 'gender gap' in the middle to late stages of their career. This gender gap manifests itself as reduced [...]

Many CPA firms are losing more than 25% of their staff each year, which is more than double the national average (Carolyn Kmet, 'CPAs: Why They Leave, Where They Go,' [...]

There has been a gradual sea-change in the role of the people manager over the last few decades, but it has taken a global pandemic to catapult us into a [...]

A coaching student, who is also the owner of a small accounting firm, came to the author with a problem. The firm could not retain its first few staff members, [...]

Building a team with diverse backgrounds, experience, and skills is essential to fostering rich conversations and thoughtful decision making. This is why pursuing diversity, equity, and inclusion (DEI) is a [...]

Why has human capital become such a hot topic of conversation? Some will say that this is due to the COVID-19 pandemic. Others will argue that human capital has always [...]

Accountancy practices should seek to counteract spates of resignations through non-traditional retention methods and more effective articulation of their employee offerings, according to senior industry sources. 'Now more than ever, [...]

The accounting profession is well aware of the need to attract and retain new accounting professionals. The AICPA's 2021 Trends: A Report on Accounting Education, the CPA Exam and Public [...]

People are what drive and sustain your business. Without a solid and engaged team of employees, no business can thrive-no matter how lofty its mission statement. In the accounting and [...]

The detrimental impact of the pandemic and successive lockdowns on the labour market are well documented. Just as with the 2008 financial crisis the most pronounced effects are upon young [...]

Everyone is looking ahead to how the workplace is going to look. What exactly will change? And what does this mean for accountants? It's pretty certain that a key part [...]

BDO has furloughed 470 first-year trainees and 230 support staff in a bid to mitigate the financial impact of coronavirus. The firm's partners will also have quarterly dividend payments frozen [...]

Companies across the accountancy field are currently working more efficiently, with some suggesting they may continue to working from home after the government's restrictions are lifted. 'The staff have been [...]

[embedded content] Financial insecurity looks different from person to person, but work-related stresses can exacerbate those insecurities. Research conducted by (https://www.caba.org.uk/) CABA, the charity supporting the wellbeing of ICAEW chartered [...]

The accounting profession has a long and respectable history, and has made important contributions to business, commerce, and economies for hundreds, if not thousands, of years. The accounting profession can [...]

NORTH LITTLE ROCK / EMPLOYEES: 27 | INDUSTRY: TRANSPORTATION American Truck and Rail Audits (AMTR) is the nation's premier provider of after-payment freight auditing services and has worked to foster [...]

The accounting profession must be understanding and sensitive to the changing landscape of diversity, equity, and inclusion (DEI) in the workplace. Frankly, we can--as individuals and as firms--do more. We [...]

In my time working in accountancy I have worked for listed companies, non-governmental organisations, private companies and the largest accounting firms in the world. I have been recruited by and [...]

As campaigns around mental health continuously increase, the role of firms in supporting wellbeing, particularly within the accountancy sector, has more than ever been challenged. Although there is no denial [...]

Assessment of partner performance in any professional services firm is inextricably linked with a firm's remuneration model. In firms which operate lockstep remuneration systems (where financial reward is dependent on [...]

The long-term viability of accounting firms depends on providing a path to partnership that is affordable for new partners and not too costly for current owners. Firms that fail to [...]

Not that long ago, we were all clear on our plans. Our strategies were set, with events and meetings scheduled in the diversity and inclusion calendar for the year ahead. [...]

EXECUTIVE SUMMARY * The percentage of women partners fell to 19%, according to the most recent AICPA supply and demand survey. This is down from 210/0 in 2011. Women represent [...]

In mid-2008, accounting ranked as one of the top five most recession-proof professions in a Jobfox report ('Top 20 Most Recession-Proof Professions,' http://www.reuters.com/article/2008/07/14/idUS102886+14-Jul-2008+PRN20080714). But between June 2008 and June 2009, [...]

Hiring the right people is the lifeblood of most organisations, but getting it wrong can be costly. The war for talent is fierce, and growing businesses and organisations need a [...]

A survey of UK's accounting industry found that salaries are starting to increase, and that employers are giving more importance to employee retention. It was found that accountants in London and the South East earn an average of 48,000 pounds sterling but large corporations pay as much as 55,000 pounds sterling. Other key findings of the survey are presented.

The South African accounting profession is facing challenges regarding skills shortage and the implementation of the new Companies Act, which requires audited financial statements. The industry is also seeing demographical imbalance and concerns on the accounting institutes' membership and accounting qualification. Academics and liability issues are also discussed.