News
68% of Gen Z workers would take an unwanted job for good pay: Report
April 15, 2024
Gen Z employees are looking for higher salaries and more work-life balance, according to new research from dcdx.
Stop stress in its tracks to avoid burnout
April 15, 2024
With finance named as one of the most stressful professions in the UK, Molly Macfarlane speaks to an accountant about their experience with stress and a wellbeing coach on stress management.
The win-win of effective well-being initiatives: 5 steps for leaders
April 12, 2024
For business leaders, prioritizing employee well-being isn't just a good thing to do; it's a good thing for the bottom line.
Are you and your finance team fully embracing technology?
April 11, 2024
Finance leaders can ask themselves series of questions — on strategy, collaboration, processes, and extracting insights — to be empowered with technology.
CTCPA Joins AICPA, State Societies in Letter to Address 'Grave Concerns' with BOI Reporting, Request One-Year Delay
April 08, 2024
In a recent letter to the Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), the American Institute of CPAs (AICPA) and CTCPA, together with 54 state CPA societies, expressed serious concerns with the rollout and push to implement FinCEN’s Beneficial Ownership Information reporting requirement without regard for the impact to the small business community.
Organizations moving forward with generative AI despite concerns, survey shows
March 28, 2024
Finance leaders are still concerned about the expanded use of generative AI programs, such as ChatGPT and Microsoft Copilot, but more than a quarter of them say that hasn't stopped their organizations from experimenting with the technology, according to a new AICPA & CIMA survey.
Recruit, Engage and Retain: Create a Workplace Where Your Employees Will Thrive
March 27, 2024
The WIIFM, the age-old acronym for “What’s In it For Me,” is the mantra of today’s workforce, whether for prospective candidates or long-term employees. Firms are being pressed into looking for creative ways to attract talent and to retain that talent. And with the cost of onboarding a professional rising to the tens of thousands, firms are eager to maximize their return on investment.
How finance leaders can motivate their teams (and themselves)
March 21, 2024
Experts suggest five tactics that can keep finance team members motivated, engaged, and performing well in their role.
Trust issues: How earning employee trust can pay dividends
March 12, 2024
Employees who feel trusted by their employers feel empowered to do their best work. Improved employee output can, in turn, fuel consumer trust.
82% of CFOs Say Their Role Has Grown Significantly: Report
March 11, 2024
Globally, CFOs have been given increasing responsibility most often in ESG, M&A, and corporate strategy, according to a new survey.
DOL Enacts New Independent Contractor Test
March 06, 2024
The Department of Labor has announced a six-factor test for determining whether a worker is an independent contractor or an employee under the Fair Labor Standards Act. This new rule takes effect on March 11, 2024.
The key to reducing errors with AI: Technology acceptance
February 29, 2024
To err is human. To seek help is superhuman. Gartner recently asked controllers about how often they or their peers make financial errors, as well as their thoughts on causes. Though survey respondents weren't asked about the significance of the errors cited, 59% acknowledged "several errors per month."
Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff
February 12, 2024
A recent survey suggests a combination of changing educational demands and a disproportionate amount of AI upskilling may lead to a knowledge gap among mid-level managers.
Flexibility at work: More companies move away from in-office model
January 30, 2024
A shift away from fully-in-office jobs continued over the last year, and the trend may well continue, based on research revealing that the large majority of recently formed companies are adopting flexible workweeks.
Notable gaps between what Gen Z expects and what employers offer
January 29, 2024
Employers in a global survey see a significant gap between employee pay expectations and planned pay, fuelling flight risks for companies.
With AI, no more 'wait and see'
January 29, 2024
There's a notable shift in the perception and acceptance of artificial intelligence unfolding within the accounting profession, as a growing number of firms explore the various applications of AI and generative AI, and the improved efficiencies and competitive edge to be gained from them.
ESG needs business – not just environmental – focus
January 24, 2024
Richard Spencer, ICAEW’s director of sustainability, talks to Neil Cutting about the need for finance leaders to view sustainability through a business lens.
As excitement about Gen AI grows, can companies keep up?
January 23, 2024
Generative artificial intelligence (Gen AI) is a fast-moving train. Perhaps that's why many companies seem unsure about when to hop onboard.
Are You Exempt from Reporting Under the Corporate Transparency Act?
January 09, 2024
The beneficial ownership information reporting rule implementing Section 6403 of the Corporate Transparency Act (CTA) became effective on January 1, 2024. Under the CTA, every “reporting company” must file a beneficial ownership information (BOI) report with the U.S. Financial Crimes Enforcement Network (FinCEN). With the CTA now in effect, many will face the threshold question: “Does my entity need to file a BOI report?”
Employees ‘unsure' of company ethics guidelines for AI
January 02, 2024
Emerging technologies continue to divide opinion, says a global report, with employees simultaneously seeing potential for social good and ethics missteps.