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Good pay, global job opportunities, and job security topped the list of reasons, according to a ShareFile survey of accountants.

My first thought for a 10th anniversary column was to describe the changes in the last 10 years. A second reaction was to recall my greatest columns. I then realized that looking back or even at the present were exercises in vanity and would not provide any takeaways. To be successful you need to look to the future and be anxious to adopt the changes that are quickly occurring.

More than 10,000 jobs seeking wherewithal in generative AI have been posted so far this year.

Pivotal culture changes are ahead, as Gen Z workers become a more dominant presence in the workplace.

Internal auditors are less worried about economic uncertainty and talent availability going into 2024, despite ongoing risks in both areas, with most focus going instead into technology-related areas.

Whether or not you're on the artificial intelligence (AI) bandwagon, you'll want to pay attention to the rapid advances in the generative pretrained transformer, better known as GPT, the large learning model used by ChatGPT.

mployees frustrated with their CEOs’ return-to-office mandates have tried arguing that remote work is linked with greater productivity. That it helps the environment with fewer commutes and improves diversity by broadening the talent pool. Now, they may have another argument to get their CEOs’ attention: Higher revenue growth.

As the busy season lumbers into view, Lucy Cohen offers some practical and effective tips to help you banish burnout.

Within HR and employment law AI will change the way we work, but it will not eliminate the need for expert, professional advice on specialist or complex issues.

Lots of businesses have claimed the Employee Retention Credit who don't actually qualify for it — and in many cases it's going to be up to their accountants to set them right. Randy Crabtree of Tri-Merit Tax Specialty Tax Professionals and the Unique CPA podcast dives into how you can know if a client qualifies, as well as the intricacies of some other major tax credits.

The results are in! The public accounting profession’s premier benchmarking tool helps firms understand how they perform compared to others and better manage their business. Firms are able to benchmark their operations with those similar in size and region and also against top-performers, through a dynamic survey platform.

In honour of Black History Month, Will Cole chats with Deloitte director Ololade Adesanya on how her experiences in accountancy have helped her to be successful in the profession and how firms can better support those from underrepresented backgrounds.

Connecticut has passed four directives regarding CPA Exam credit retention.

John Raspante, risk management director at McGowan Pro, was featured in the Accounting Today podcast "Emerging risks for accountants." John and McGowan Pro Senior Vice President Stephen Vono spoke with Dan Hood on the new areas that are sparking claims against firms — and the tools they can use to protect themselves.

Mfon Akpan, CGMA, DBA, an assistant professor of accounting at Methodist University, and Scott Dell, CPA, DBA, an assistant professor of accounting at Francis Marion University, explain why CPAs and other professionals can be left behind professionally if they don't spend time learning about tools such as ChatGPT. They talk about productivity gains, the competitive divide that could develop, and how, in the short term, more training is needed to fully harness generative AI.

The number of students earning U.S. postsecondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. Some 47,067 students earned a bachelor’s degree in accounting in the 2021-22 school year, down 7.8% from the previous year, according to 2023 Trends: A Report on Accounting Education, the CPA Exam and Public Accounting Firms’ Hiring of Recent Graduates. The number of students who earned a master’s degree in accounting, meanwhile, fell 6.4% to 18,238. In the previous Trends report, the comparative rates of decline were 2.8% and 8.4%, respectively.

Treasury's Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) on Wednesday that would extend the deadline for companies created or registered in 2024 to file their first beneficial ownership information (BOI) reports. The NPRM (RIN 1506-AB62) would provide 90 days for those companies to file initial reports rather than the original deadline of 30 days from the earlier of the date on which the company receives actual notice that its creation or registration has become effective or the date on which the secretary of state first provides public notice that the company has been created or registered.

In response to significant health, economic, education, and travel disruptions resulting in CPA Examination candidate hardships, the Connecticut Board of Accountancy will extend credit periods through June 30, 2025, for CPA Examination credits that expired from January 30, 2020(1) through May 11, 2023(2), which have not been subsequently replaced by new credits for the same sections. (1) The United States Department of Health and Human Services declared a national Public Health Emergency. (2) The United States Department of Health and Human Services announced the expiration of the national Public Health Emergency.

If AI tools used for hiring are not thoughtfully implemented, it can create new challenges in the form of biased decision-making and possible litigation.

Accounting firms continue to grapple with significant labor shortages, as veteran employees retire in droves and fewer young graduates enter the field. CTCPA Executive Director Bonnie Stewart, Whittlesey Managing Partner and CEO Drew Andrews, and FML Partner Brian Kelleher were all quoted in the Hartford Business Journal article 'Numbers Crunch: Accounting firms turn to recruiters, high schools, apprenticeships in urgent search for new talent.' More than 300,000 U.S. accountants and auditors left their jobs in the past few years, according to Bureau of Labor Statistics data, leading to a 17% decline in employed accountants compared to 2019.