Human resource and talent management

Businesses lagging in preparation for new health care laws

Many U.S. employers are lacking in preparation for—and awareness of—new health care laws, according to a survey. More than one-third (36%) of more than 800 corporate decision-makers said they are not very familiar with the requirements of the Patient Protection and Affordable Care Act, P.L. 111-148, according to a survey

How to calculate employer health care responsibilities

In compliance with new health care employer responsibility regulations, two halves indeed equal a whole for employers when they determine their number of full-time employees. To determine whether a business is subject to the employer mandate penalty under the Patient Protection and Affordable Care Act (PPACA), P.L. 111-148, the business

Seven ways for small businesses to rein in health care costs

Editor's note: On Feb. 10, the IRS delayed the penalty for employers with 50 to 99 full-time equivalent employees. Click here for details. New health care regulations in the United States have small business leaders bracing for increased costs and eager to save where they can. Although it was delayed

Honing your hiring

It takes some detective work to hire the right new employee. Management needs to piece together clues about the applicant’s personality and work history. It takes time to determine whether a candidate has the character and credentials to fit the company’s needs. Here are a few steps to help you

Internal auditors get modest raises in U.S., Canada

U.S. organizations gave internal auditors slightly more generous base-salary increases in the past 12 months, but the magnitude of raises fell slightly in Canada, according to a new survey report. The percentage of U.S. organizations that gave internal auditors base salary increases of 4% or more grew to 16% from

Six techniques for building a strategic finance department

Finance teams want to perform strategic duties in their organizations, but new research shows many of them are not building the right competencies to fulfill these duties. Typical finance teams are weak in the nontechnical competencies that matter the most, according to a white paper reporting results of a survey

SEC proposes rules to compare pay of CEO, median employee

A rule proposed Wednesday by the SEC would require U.S. public companies to disclose the ratio between what companies pay their CEOs and their median employee. SEC commissioners voted 3–2 to propose the rule, which was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203. If

Hiring optimism up among U.S. finance professionals

U.S. companies expect to make more money, and spend more of it, in the year ahead—and that could translate into more jobs. At the same time, finance executives’ outlook of the overall economy has cooled. Those are the key takeaways from the third-quarter Business & Industry Economic Outlook Survey, released

The opaque CFO bonus

Get a B on a math test, and you understand how that grade was determined: You got 88% of the answers correct. Get a B on an art project, and you’re wondering exactly what could have been better or what the instructor was looking for. CFOs would rather be graded

Can you succeed in finance without international experience?

As commerce increasingly transcends borders, international experience is becoming a valuable asset for accounting and finance professionals. Almost seven in 10 (69%) of more than 2,100 CFOs in large U.S. metropolitan areas said international experience will be at least somewhat necessary for accounting and finance staff five years from now,

North American CFOs feeling good, but not about hiring

CFO optimism is on the rise overall, but finance chiefs remain skeptical about hiring, according to a quarterly Deloitte survey. Meanwhile, expectations for earnings and sales growth are moderating. Nearly 60% of North American CFOs expressed rising economic optimism in the second-quarter CFO Signals survey, compared with 13% expressing a

CFO pay rises, but subjective bonuses rankle finance chiefs

CFO pay is rising steadily, but some finance chiefs are not happy with how their bonuses are determined. Median CFO compensation in 2012 increased 6% relative to 2010, according to the 2013 CFO Compensation Survey, which was released by the AICPA and Arizona State University on Monday. The largest compensation

Cultivating leadership

Most CPAs promoted to leadership positions get there because of their technical skills and professional prowess. In many cases, however, the same CPAs have not been prepared to act as leaders. The following steps show what employers can do to cultivate leadership skills. Emphasize business acumen, curiosity, and strategic sensibility

How can diversity be improved in the CPA profession?

Even as members of the recently created National Commission on Diversity & Inclusion work to improve opportunities for under-represented minorities in the CPA profession, they are reminded of just how much work needs to be done. During a panel discussion of commission members held Monday at the AICPA Council meeting,

CFOs most crave these 2 nonaccounting skills

General business knowledge and IT expertise are the nonaccounting skills CFOs in the United States are seeking most from finance and accounting job candidates, according to a new survey. One-third of 2,100 CFOs surveyed by specialized staffing service Accountemps said general business knowledge is the attribute or area of expertise

Time to recruit talent

Millions of Baby Boomers will leave their jobs in the next 10 to 12 years. This exodus of talent will place extraordinary pressure on every U.S. organization’s talent recruitment and retention efforts. Consider these strategies to help your organization compete in an unprecedented people cycle: Ensure your HR leadership is

Economic optimism still neutral, but rising

Business executives are upbeat about their revenue and expansion plans in the next 12 months. But optimism about the U.S. economy remains lukewarm, according to the first-quarter AICPA Business & Industry Economic Outlook Survey. The CPA Outlook Index (CPAOI) rose seven points to 66—the second-highest CPAOI reading in the five

From CGMA Magazine: Boards are hungry for CFO talent

The appetite for CFOs to participate on corporate boards is increasing—a demand that, if met, could help not only companies, but also the financial professionals who end up in board roles. They stand to gain a new perspective on running an organization, plus general management experience and exposure to other

The talent drain: Good news for skilled workers, bad news for CFOs

CFOs are still concerned about talent, and that’s potentially good news for workers with specialized skills. Nearly 60% of U.S. CFOs consider it a challenge to find skilled financial professionals, according to a Robert Half International survey. Fifty-four percent said it was “somewhat challenging” to find skilled workers in finance,


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.