The Gravy Train Is Slowing Down
In 1998 U.S. companies announced the layoff of 677,795 workers. The workforce reductions set a record thus far for the decade. The figure for December alone, which was double the November layoff number (51,642) and 77% larger than for December 1997 (58, 293), may give a bitter taste of things to come.
Note: all figures are based on announced layoffs
PODCAST
What’s next for potential CPA licensure changesA new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.
VIDEO
What RPA is and how it worksRobotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.