Raises Likely


ccounting and financial professionals expected to realize above-average compensation gains in 2006. In a joint survey by Ajilon Finance and Business Finance magazine, 39% expected an increase of between 5% and 10%, and another 10% anticipated an increase of more than 10%. About half (49%) expected their compensation to stay about the same.

Business and financial reporting/analysis/forecasting (33%), creating shareholder value (22%), accounting/auditing (15%), corporate governance and regulatory compliance (10%) and strategic planning (10%) were among the top drivers of compensation.

A strong job market, high voluntary turnover and booming demand for financial professionals should continue to drive compensation packages upward in the coming year and beyond.

Source: “2006 Career and Compensation Survey.”


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.