Recent Posts

How to Win the Hiring Race in a Tight Labor Market

Companies looking to expand their accounting and finance teams are running into a problem. In the current economy, there just aren’t enough accounting and finance professionals to go around. While total U.S. employment is at just 3.8 percent as of June 2018, the unemployment rate for accounting and finance professionals is even lower than that. This means more employers are having trouble filling job openings. There is also more competition to hold on to the talent they already have.

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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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Career Advancement for Accountants

The accounting profession is constantly evolving and incorporating new practices, technologies, and trends. You’re always learning new things at work, but it’s also important to keep your skills relevant with a combination of education and professional development. This is crucial to establishing and advancing within your accounting career. According to Accenture, 80% of accounting and finance tasks will be delivered with automation by 2020.

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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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4 Kinds of Toxic Managers and How to Cope

Being a manager isn’t easy. The technical skills a person relies on early in their career don’t always translate into the core skills needed to lead others. If they did, anyone could be promoted and adored by their employees. Of course, we know that’s not the case; toxic managers walk among us. Usually, a terrible working environment is the direct result of having an ineffective leader. Take a look at these four types of toxic managers you may encounter in your career.

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Succession Planning: How to Identify Leaders

For an organization to grow and continue to meet its goals, it needs a plan in place to identify and develop leaders. Many companies have programs in place for leadership development, but to properly identify leaders is perhaps even more important. It can also be more challenging. When companies identify leaders early in their careers, they have more opportunities to develop their skills. Good leaders are cultivated over a career, not in a period of one to two years, so it’s crucial to start early.

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How Government Shutdowns Amplify Tax Woes

After the longest government shutdown in U.S. history, furloughed federal workers returned to their jobs on January 25, 2019. This just three days before the official start to tax season. Many of those were Internal Revenue Service employees who had been ordered by the Trump administration to return to work, without pay, a week earlier. Not everyone complied.

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The Importance of Emotional Intelligence in Finance

Employers in every industry – even tech – say they’re now hiring for emotional intelligence. But what exactly is emotional intelligence? Why exactly is it so crucial? And perhaps most importantly, how do you hire for it? Today we’ll take a look at the issue and provide tips for finding finance candidates that have the right mix of hard and soft skills. What is emotional intelligence?

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