As companies continue the RTO and hybrid work trend, is the sun setting on “hot desking”? 🌅 The trend of hot desking, where employees do not have assigned desks and instead use any available workspace, has been a popular strategy to promote collaboration, flexibility and efficient use of office space 🏢. However, recent shifts in return-to-office strategies have prompted some companies to reconsider [...]
🎆Fourth of July week and it’s been a hot summer here in Central Florida. What’s hot in CPAland? Recruiting and retaining talent – shocker. ⚡ The AICPA's recent PCPS CPA Firm Top Issues Survey, unveiled at ENGAGE 2024, highlighted that finding qualified staff remains the most pressing concern for accounting firms, excluding sole practitioners. Firms with 2 or more employees overwhelmingly cited staffing [...]
In spite of the CPA shortage, we seem to be in one heckuva growth era for public accounting firms. Accounting Today released its annual “Top 100” ranking issue for International, National and Regional CPA firms. The overarching theme is definitely – Growth. Revenue Growth, Service Offering Growth and yes – Employee Growth. 📈 All this on top of a banner year in 2022. [...]
Get ready CPA candidates, the test has changed! Starting in 2024, the CPA exam has undergone a major transformation, shifting from a one-size-fits-all approach to a core-plus-discipline model. What does this mean for you? If you’ve been too busy to look into it, here are some details with potential fallout: What's Different? 👋🏻 Goodbye, Four-Test Marathon: Say farewell to the grueling four-exam gauntlet. The new [...]
“How many firms allow fully remote anymore and what is the trend in the market?” That’s a discussion I have with both candidates and clients every day. In a nutshell, I’m not seeing too many fully remote roles anymore (there are some) and the pendulum seems to be swinging back towards the office. Many firms have adopted a 4/1 or 3/2 approach. It’s [...]
🚀 What’s the best piece of career advice you’ve ever received? Was it a drastic statement causing you to rethink your entire approach? Or was it something pithy or subtle that served as a base for your future work ethic? Here are a few nuggets provided by some high profile business & cultural leaders: 💡Steve Jobs' "Stay Hungry, Stay Foolish": Embrace curiosity and [...]
🕵🏻Tell me about yourself. It’s one of everyone’s favorite interview questions and one I role play frequently with candidates. 🌟 Mastering the "Tell me about yourself" question is essential for making an engaging first impression. In a recent article in The Muse, Stav Ziv provides interesting ideas and examples to help you shine during this critical moment. Here are four key takeaways to [...]
Everyone in the CPA industry is aware of the shortage of accountants. It’s a pretty straightforward problem – but let’s look at some numbers and trends. 📈 There are a few factors contributing to this shortage. One is the aging workforce. According to the AICPA, almost 75% of the CPA workforce met the retirement age in 2020. So how about retention? 🏫 A [...]
Your confidential search for the next step in your career is moving right along. 🤫 Interviews are going well, and you’re headed into the final steps. Then the recruiter asks for references. Gulp. How am I going to do that – this is supposed to be confidential? Statistics vary but different studies show up to 80% of employers check references before making a [...]
Here we go. Ready for a new workplace term? I’ve got you covered. The new term making the rounds is “coffee badging”. ☕This is a new trend where employees go into the office (badge in) for a brief period of time, usually to grab a coffee, show their faces around, socialize with coworkers and then leave. This trend is becoming increasingly popular as [...]