Author Posts

A Review of Current Accounting Software

Every business needs to keep accurate financial records. For some freelancers, a notebook or spreadsheet might suffice. But accounting software can provide wider benefits. It improves accuracy, allows you to save time and money during tax season and speeds up business processes. There are a number of accounting software platforms, so how do you select the right one for your business?

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Accounting Interview Questions and Answers

Most people make two devastating mistakes when being interviewed: failing to listen to the question and attempting to answer questions with virtually no preparation. Practicing for your interview is a key component in the application process and can make or break your chances for getting the job  you want. Below you will find fourteen of the most frequently asked interview questions, regardless of  job classification.

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Are you qualified for a career in finance?

If you’re considering a career in finance, you’re probably wondering what it takes to qualify for an entry-level job in the sector. Careers in finance are plentiful and varied, so you’ll find finance jobs in just about every industry and organization. Below is a sample of entry-level jobs as well as a look at the education and skills needed to get your foot in the door. Financial data analyst Financial data analysts study information, identify relevant insights, and compile them into financial reports.

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Financially Planning for Longer Lifespans

In 1970, the life expectancy for a U.S. resident was 70.81 years. By 2016, that number increased by nearly eight years, to 78.69 years. Meanwhile, “full retirement age,” as defined by the Social Security Administration, has crept up from age 65 (for those born in 1937 or earlier) to 67 (for those born in 1960 and later). As people continue to live longer, yet retire around the same age, it becomes increasingly important to shore up and stretch retirement savings longer.

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The Gender Gap in the Finance Industry

In the U.S., the average woman working full-time makes just 80.5% of what her male counterpart makes. Individual choices and personal preferences on the part of workers partially cause this disparity. One Harvard study from 2018 found that the female workers within their study favored flexibility, work/life balance and family leave more than the men in the study. The men in the study favored the marginal wage increases in exchange for working more and/or less favorable hours and shifts.

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Benefits: The Other Kind of Compensation

Your employees may not regularly think about compensation aside from salary, but good benefits can truly impact their lives. Paid-time-off may give someone a chance to travel and see the world. Flex hours might allow another person to spend an afternoon volunteering in their child’s classroom. Health insurance can save a life. It’s no surprise, then, that our survey of 1,000+ full-time workers in the U.S. found that benefits really do make up a large part of the employee value proposition.

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How to Ask for Help at Work

Few people like to ask for help. Even fewer people like to ask for help at work. They worry they’ll be perceived as incompetent, annoying or lazy by their coworkers or believe asking for help means they aren’t up to snuff. But whether you’ve just received a promotion, landed your first job out of college or are making a career change, the modern workforce requires collaboration and cooperation – traits you won’t find working on your own.

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