Earlier this week we learned about the audit automation firm AuditBoard and it’s $3B exit. Made me think about automation, AI and it’s effect on CPA firms. Turns out, I’m not the only one wondering. Embracing connected, cloud-based accounting technology can be a game-changer for accounting and CPA firms, with a potential 39% increase in revenue per employee! 📈 According to the Rightworks [...]
New boss same as the old boss? Familiar with the feeling of having to adapt to a new boss every few months? A revolving door of leadership can bring uncertainty and stress, impacting not only your work but also your career progression. Let’s consider how to handle a situation like this. 👨🏻💼 First, let's address the elephant 🐘 in the room: the emotional [...]
💼 Well that interview seemed to go really well! But what happens after the big day? How do you ensure you stay top-of-mind without being too pushy? 🤔 Following up after a job interview is important to the hiring process, and it's important to do it right. Here are four non-annoying ways to follow up after an interview, so you can stand out [...]
Given the current and future CPA shortage, it seems like a good idea to consider all factors that may attract, deter and retain industry professionals. Here’s one. The 150-hour requirement for CPA certification has long been a topic of debate within the accounting profession. Recent data suggests the need for a re-evaluation of this mandate, particularly in terms of its impact on diversity [...]
In the current economic climate, job security is a significant concern for many employees. According to a number of studies conducted headed into the new year, a staggering 85% of workers fear losing their jobs in 2024. This anxiety is fueled by various factors, including economic instability, technological advancements (AI), remote work dynamics, and ongoing health issues.😟 However, the actual data on job [...]
🔍 As we all know, the CPA profession faces a shortage of new CPAs and accounting graduates. A current shortage as well as a pipeline shortage. Last year the AICPA commissioned the National Pipeline Advisory Group (NPAG) to study this shortage and provide recommendations for enhancing the CPA pipeline. The NPAG is comprised of 22 professionals who are CPAs and accountants in the [...]
We came steaming into the new year being assured by the “experts” that 2024 was going to be the year of the Great Stay. Employees were finally settling into their roles after the Great Resignation and the Great Reshuffling. Right? Not so fast. 🤚🏻 Recent studies and data seem to indicate that we may be in store for a Great Resignation 2.0! According [...]
📣 As a CFO, CPA or upper level financial professional, finding yourself laid off or in between roles can sometimes be intimidating. Finance professionals on balance tend to keep their noses in their work, not networking. So when they find themselves in transition, the quiet can be deafening. 👂🏻 After taking the appropriate amount of time to clear your head, what next? There [...]
We’ve discussed assembling a resume a few times in the last couple months. Now it’s time to (metaphorically) put pen to paper and get that thing polished up. 📄 Hmm. How do we describe our skills, titles, experiences & degrees, especially if we see a job we are particularly interested in? Yes – the temptation could be there to fudge or inflate. There’s [...]
How important is punctuality when it comes to arriving for interviews and following up with potential employers? Super important if you ask me. After digging around I found that being on time seems to be more complex than I could ever have imagined. When I was growing up, Mom had all our clocks 5 minutes fast to help motivate us to be on [...]