News

How has the continuing rise of economic pressures affected the landscape for finding and gaining new clients? Molly Macfarlane gains the perspective of the community alongside small, medium and large firms to understand the current state of landing new clients.

Ninety-two per cent of professionals across finance, accounting, sustainability, and audit roles think technological transformation will enable an integrated and improved approach to ESG reporting.

CFOs and finance leaders share their takes on whether CPA requirement changes are necessary to address talent issues within corporate finance.

The maximum contribution amounts for a health savings account (HSA) and certain related benchmarks will be slightly higher next year, but the increases are not as steep as those last year.

As talent recruitment poses challenges for companies, they are switching their focus to the development of existing staff, a new report shows.

CPA financial planners need to talk with high-net-worth clients now about the idea of shifting ownership of millions of dollars in assets before the estate and gift tax basic exclusion is essentially cut in half on Jan. 1, 2026, Bob Keebler, CPA/PFS, said in an AICPA Personal Financial Planning (PFP) Section webcast.

While many accountants are determined to stay as far away from artificial intelligence as possible, others have found ways to use the technology to yield tangible benefits for their firms (see "Accounting's reluctant AI revolution").

What it takes is more nuanced than simply offering more money or fewer hours.

Human resource (HR) professionals in the UK expect talent retention to be a considerable challenge for their organisations this year, as well as the top priority for employers, according to a survey of 300 HR decision-makers.

Although the IRS says it has made great strides in customer service to taxpayers over the past year, "We have a lot more work to do," Commissioner Danny Werfel said Thursday.

Is the typical office day still alive and kicking? Or is the working world leaving it behind? Jon Dudgeon of Blu Sky explains why the 9 to 5 just isn’t for him.

A digital transformation expert says there’s no bad time for digital transformation and no set of KPIs. Why? Hear more in this podcast episode, or read the Q&A.

But a surprising number of employers don’t do a good job of tracking how much they’re actually spending on these retention efforts.

The salary threshold required to exempt a salaried executive, administrative, or professional employee from federal overtime was increased from $35,568 to $43,888 effective July 1, 2024. The salary threshold will further increase to $58,656 on Jan. 1, 2025.

The Internal Revenue Service today urged small businesses to take advantage of the many tax resources available through the Small Business and Self-Employed Tax Center on IRS.gov.

Congratulations! You’ve decided it’s time to retire. While you may be ready to walk out the door and hang up that 10-key for good, your professional liability risk will not be able to retire when you do. Due to the nature of services provided by CPA firms, claims often arise several years after the service was delivered.

New research from Oxford University found that employees do not engage with individual-level wellness interventions. The researcher behind the study says companies should focus on how they plan to improve jobs first.

As of July 1, 2024, an estimated one million employees who are currently salaried, exempt employees in the United States could be impacted by the salary threshold change. These employees, unless there is intervention by their employer, might become eligible for overtime pay under the Fair Labor Standards Act (FLSA) after working 40 hours in a workweek. According to the U.S. Department of Labor (DOL), another estimated three million could be impacted on Jan. 1, 2025.

The hype around AI and new automation tools may be starting to cool off, according to The Daily Balance subscribers.

Workplace toxicity can have negative impacts around employee engagement, productivity, and well-being.