Industry Insights

In the ever-evolving realm of examinations and assessments, proctoring remains a timeless safeguard against cheating, particularly vital in fields like accounting where integrity is paramount. As technology reshapes the landscape of online testing, ensuring fairness, accuracy, and confidentiality becomes crucial, underscoring the importance of integrated proctoring solutions tailored to the needs of accountants and accounting firms.

Transitioning accounting firms to a successful remote work culture demands meticulous planning, transparent communication, and adept utilization of technology. This article delves into strategies such as establishing clear policies, fostering communication, promoting continuous learning, maintaining work-life balance, and embracing the right tools, showcasing how this evolution can lead to heightened efficiency and job satisfaction

Looking to hire top-notch accounting or bookkeeping talent? Say goodbye to outdated practices and hello to effective hiring strategies. Discover the dos and don'ts of the hiring process to attract the best candidates and make offers faster than ever before.

In the race to attract top accounting talent, recruiters top the list as the preferred choice, closely followed by networking and social media. Discover key strategies to streamline your hiring process, from highlighting your firm's unique perks to maintaining a positive online presence.

An accounting graduate, transparent about their lack of experience, faces overwhelming tasks and no support in a residential remodeling company. This illustrates the repercussions of inadequate hiring practices and the necessity for comprehensive onboarding and training programs to prevent stress on employees and risks to business integrity.

Explore the advantages of incorporating pre-employment assessments in accounting and bookkeeping firms' hiring practices. Research indicates that candidates who perform well in assessments are more inclined to complete them, enabling firms to pinpoint high-quality applicants efficiently, thus enhancing the hiring process.

Navigating salary negotiations with accounting candidates demands careful strategy. It's crucial to strike a balance between offering competitive compensation and adhering to budget constraints. By emphasizing factors like market rates, transparency, growth opportunities, and company culture, employers can manage negotiations effectively and secure top talent.

A Disputes Tribunal ruling mandated a company to pay a former accountant $14,000 in wages despite significant financial losses attributed to his performance. The ruling highlights the importance of robust recruitment procedures and pre-employment testing to avoid "bad hire" scenarios.

So much talk about how we can improve the profession by offering better a better working environment – for example a 4 day working week.  When I say talk, that’s where a lot of it starts and ends, but then I read about a couple of firms who have introduced a 4 day working week, without losing any productive hours time.  That got my attention – read here to see how they did it.

Recent studies have actually put the financial cost of a bad hire in third place for its negative impact on an accounting businesses, behind lower morale and reduced productivity. “Stanley” was recently hired by an accounting firm in Los Angeles. His resume showed the experience he’d had with a reputable medium sized firm in a staff accountant role. He was personable and confident at interview, and was hired. The cracks showed within days...

According to the survey, 52% of applicants say they exaggerate responsibilities and 45% make up details like the number of direct reports - stuff you can't easily double check.

Explore the internal struggles and external factors contributing to Syndrome Delve in the accounting and bookkeeping industry. Gain valuable insights into identifying signs of heightened apprehension and learn practical strategies to overcome self-doubt. Discover empowering ways to navigate challenges and embrace personal growth.