Industry Insights

Hiring globally brings valuable diversity but adds complexity, especially when assessing cognitive ability in candidates who speak English as a second language (ESL). Accountests has developed a Bookkeeper and Admin Ability (Cognitive Test) Suite that is accessible and insightful across language backgrounds.

When reviewing resumes (CVs), hiring managers may overlook the growing influence of AI. Job seekers are increasingly using AI tools to tailor their resumes to specific job ads—often by uploading both the job description and their own CV to platforms like ChatGPT for optimization suggestions. This raises concerns about authenticity, especially when 70% of candidates already admit to lying on resumes.

The blog concludes that employers should focus less on credentials and more on testing actual skills and job readiness, using assessments to make fairer, data-driven hiring decisions. In today’s job market, capability outweighs academic qualifications.

The blog critiques the widespread admiration of grit—commonly portrayed on LinkedIn and in self-help circles as the ultimate key to personal and professional success. While grit is often desired by employers and managers, especially during hiring and development discussions, the post urges a more balanced view by uncovering its hidden downsides.

In public accounting, hiring the wrong person doesn't just lead to financial loss—it causes partner stress and harms team morale. Drawing on 25 years of experience, the blog introduces a Bad Hire Calculator, which helps firms quantify the true cost of hiring mistakes based on specific internal practices (e.g., use of recruiters, firing timeline).

This blog emphasizes the importance of creating a standout first impression to attract and secure top accounting talent, even when the job itself is similar to others on the market. It outlines three simple, zero-cost steps to set your firm apart.

The Staffing Strategies report from the Center for Accounting Transformation highlights key challenges and solutions in closing talent gaps within accounting firms. While many firms acknowledge burnout due to high workloads, they also believe they maintain strong team collegiality. To address staffing shortages, firms commonly rely on hiring, offshoring, demand management, and technology.

This blog discusses best practices for hiring university and college graduates, particularly in accounting and bookkeeping. Since graduates often lack extensive work experience, employers must assess their potential through testing.

The blog emphasizes the importance of testing and assessment in hiring decisions, particularly for support-level roles that are often overlooked despite their significant impact on business operations. While businesses commonly invest in assessments for middle-level roles (e.g., managers, accountants), and sometimes neglect higher-level roles due to overreliance on track records, they rarely assess support staff, citing cost concerns.

The blog discusses the benefits of using testing as part of the hiring process for accounting firms, addressing concerns that candidates might be deterred by the idea of testing. Firms often worry that tests may drive away good candidates, but those that do use testing report improved candidate engagement and more focused discussions.

The blog discusses the importance of succession planning and developing future leaders in accounting firms, particularly guiding aspiring staff into senior management or partnership roles. It emphasizes that career development is a long-term process that requires careful planning and measurement.

A typical hiring process that incorporates AI tools like ChatGPT for drafting job descriptions and refining resumes and cover letters. The process begins with the creation of a job description, followed by advertising the job and receiving applications, some of which are enhanced by AI. This leads to variable quality in applications.