The patchwork of state and local laws regarding pay equity can create compliance challenges for CPA firms that employ remote workforces, recruit nationally, or expand their geographical footprint.
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Firm practice management
More than 4 in 5 large companies still offer flexible work model
Research reveals that four years removed from the beginning of the pandemic, the majority of the largest companies in America feature a structured hybrid model. The most popular model? Three days per week in the office.
The win-win of effective well-being initiatives: 5 steps for leaders
Happy employees are productive employees, but simply offering well-being programs won’t get the job done. The key to success? A companywide commitment that delivers real results in the eyes of current and potential employees.
Help reduce risk with formal client onboarding
Systematically onboarding clients can help lower professional liability risk by minimizing misunderstandings, miscommunications, and misrepresentations.
Organizations moving forward with generative AI despite concerns, survey shows
More than 70% of finance executives have worries related to privacy, ethics, and accuracy, but some respondents in an AICPA & CIMA survey say they’re moving ahead with implementation of generative AI tools.
A firm grasp on reality: M&A activity expected to rise
Four in five M&A professionals see deal volume increasing over the next six months, which should come as no surprise to accounting firms considering a recent flurry of activity.
How financial services companies are responding to employee demands
If you’re a CFO struggling to retain talent, it may be time assess whether you’re keeping up with the competition in terms of offering a flexible work schedule and adequate compensation.
Grant Thornton deal continues the private-equity investment trend
The top 10 firm is the largest to strike a deal with private equity but isn’t the first. Four other noteworthy deals have been struck in the past two years.
Risk concerns remain for CFOs, but they see improvement ahead
Three in five finance leaders say “now is not a good time” to take greater risks, according to Deloitte’s first-quarter North American CFO Signals survey, partly because of expected upcoming interest rate cuts.
Firms find it’s cool to be kind
How three firms have employed kindness initiatives to create a culture that attracts and retains talent.
Diversification or dabbling? You make the call
Undertaking a new service or providing service to a client in an industry with which the CPA is unfamiliar, referred to as “dabbling,” can elevate the risk of errors and professional liability claims. Learn why.
Psychological safety: Creating a workplace where all thrive
Can your team voice disagreement or admit mistakes without fear of termination? Learn how leaders can create a psychologically safe environment.
JofA roundtable: Why 2024 is shaping up as a big year for ‘people tech’
There’s more to technology than artificial intelligence. Discover other tech topics CPAs need to know in the latest episode of the JofA podcast, featuring three of the top technology experts in the accounting profession. This is the second of two parts.
Tech roundtable: AI and automation go way beyond ChatGPT
There’s a lot more to artificial intelligence than ChatGPT. What is it and how will CPAs be affected? Find out from three top accounting technology experts in the latest episode of the JofA podcast, which includes a full transcript.
Return-to-office politics: 4 tips for reducing talent attrition
A survey finds that high-performing workers often balk at being forced back into the office, giving companies plenty to consider before mandating a return.
Do names matter? Risk and the use of ‘merger’ or ‘acquisition’
Referring to an acquisition as a merger can have a serious impact on successor liability and inadvertently cause your firm to take on liability for services rendered by the acquired firm pre-transaction.
Preparing clients for lifestyle changes in retirement
Retirement planning isn’t just about the money. CPA financial planners can help clients prepare in nonfinancial ways as well.
Finance leaders have trust issues with their data
Almost 40% of CFOs in a global survey do not completely trust the accuracy of their organization’s financial data, and trust is even lower for finance leaders who are closer to the numbers.
Flexibility at work: More companies move away from in-office model
The percentage of U.S. companies requiring employees to work fully in offices has dropped by nearly 25% since the beginning of 2023, with a hybrid model continuing to take hold.
ERC, BOI, e-signature relief: 3 focus areas for tax advocacy
An AICPA tax leader discusses advocacy “wins” from 2023, focus areas for 2024, and explains why comment letters sent to legislators are just “the tip of the iceberg”.
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FROM THIS MONTH'S ISSUE
Drafting an AI policy that actually works
As AI use accelerates, many firms are discovering their policies haven’t kept pace. This article breaks down what CPAs and finance leaders should consider when drafting an AI policy that’s practical, flexible, and fit for real world use.
