Archive for the 'Audit Jobs' Category

High Demand for Accountants to Help Clients Survive Recession

Monday, February 2nd, 2009

CPAs are seeing increased demand to assist companies survive the recession. Accounting firms are being called upon to help re-define risk management structures, achieve better cash management, sell assets, optimize costs, restructure debt, and improve the depth and transparency of financial reporting.
Accounting and finance executives must also prepare for changing tax laws and the coming [...]

Demand Grows for Transfer Pricing Specialists

Wednesday, January 21st, 2009

The IRS has cut finance execs at multinational corporations some slack. The agency issued, on January 5th, its highly anticipated revisions on cost-sharing arrangements for multinational companies that provide some extra flexibility in transfer pricing schemes, according to WebCPA. The cost-sharing arrangements addressed apply to multinational companies and their foreign partners that share in the [...]

U.S. Companies Stepping Up Convergence Efforts, IFRS Talent in Demand

Tuesday, January 20th, 2009

U.S. companies need to prepare for the convergence of global accounting standards. Although convergence is still five years away, companies are not wasting any time examining its potential staffing and tax implications, according to FinancialWeek. A recent report in USA Today calls the looming transition, “a regulatory sea change that could cost billions of dollars.” [...]

Demand for Accountants to Remain Strong in 2009

Monday, January 12th, 2009

Despite the current recession, demand for accountants remains strong. Although a number of industries are cutting back, the accounting industry projects jobs to maintain at their current rate or possibly increase. In fact, the 2008 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits from the American Institute of Certified [...]

Accountants Hot Commodities in Slowing Economy

Thursday, December 18th, 2008

Job seekers face one of the most challenging job markets in more than a decade. The Labor Department recently reported that 533,000 jobs were lost in last month, pushing the total number of layoffs up to nearly 2 million through November. But it’s not all gloom and doom. The accounting industry is bucking the trend. [...]

Family Offices Grow on Greater Wealth Accumulation

Tuesday, December 16th, 2008

The ranks of the world’s ultra rich swelled to 8 million last year as the wealthy sidestepped the brunt of the credit crunch. According to the 2008 World Wealth Report compiled by Merrill Lynch & Co. and consulting firm Capgemini Group, the rich have been affected by the credit crisis (since their ownership of financial [...]

Demand for Talent Continues as Bankruptcies Extend into 2009

Tuesday, December 9th, 2008

Bankruptcies of large U.S. companies are expected to extend into 2010, according to a new study released by Bain Corporate Renewal Group (Bain CRG). Meanwhile, the American Bankruptcy Institute (ABI) said U.S. consumer bankruptcy filings jumped nearly 40% in November compared to the year before. And there is no end in sight. “We expect the [...]

Recruiting Among Accounting Firms Remains Highly Competitive

Monday, December 8th, 2008

CPA firms are thriving, despite the economic downturn. A large majority of CPA firms reported two years of continuing strong growth, according to the 2008 National Management of Accounting Practice survey by the American Institute of Certified Public Accountants (AICPA) and the Texas Society of Certified Public Accountants. “CPA firms continue to do well,” said [...]

Internal Audit to Deliver Greater Strategic Value, Salaries on the Rise

Monday, November 24th, 2008

The time has come for companies to reexamine internal audit (IA) - an underutilized resource whose efforts for years have been focused on a small part of the overall risk picture. That’s according to a recent report from PricewaterhouseCoopers LLP (PwC). The research suggests that what is needed now is an internal audit function that [...]

Heightened Focus on Risk Increasing Demand for Audit Professionals

Tuesday, November 11th, 2008

In the wake of the financial crisis, the government is getting serious about risk control. The Public Company Accounting Oversight Board (PCAOB) latest move to propose seven new auditing standards related to the assessment of risk is no exception. According to the PCAOB, the proposed standards would supersede its interim auditing standards related to audit [...]