With tax season behind them, many CPA firms are taking a step back, evaluating their state of business…and upgrading talent. The war for talent will not be quelled by the economic downturn – especially in the accounting industry. Attracting the best employees to support the company’s growth remains the top internal concern for Finance Chiefs, [...]
Forensic services have become one of the fastest-growing practice niches among CPA firms. Accountants are in constant demand as expert witnesses and in other litigation support capacities. Now as the economy plummets, forensic accounting remains one field that is expected to grow.
Exacerbated by the credit crisis and economic slowdown, accounting jobs in the fields of [...]
XBRL, or eXtensible Business Reporting Language, could assist government auditors in monitoring spending under the more than $700 billion financial bailout plan. That’s the message Mark Bolgiano, President and CEO of XBRL US, delivered to Capitol Hill this month. According to Bolgiano, XBRL is “real, ready and relevant in the current financial crisis.”
XBRL is a [...]
President Obama is making good on promises to crack down on corporate tax avoidance. In his 2010 budget, Obama is proposing a tough new enforcement campaign directed at taxes owed both domestically and abroad, according to tax-news.com. Moreover, in his recent Fiscal Responsibility Summit, Obama discussed the possibility of lowering the statutory corporate tax rate [...]
Although the backlash against IFRS appears to be picking up steam, the conversion is seen as having a positive impact on foreign investment in U.S., according to a recent KPMG survey. The senior finance executives and institutional investors polled by KPMG, however, stress the need to prepare. U.S. companies need to gear up for the [...]
Forensic accounting is one of the fastest-growing practice niches among CPA firms. The trend, which began several years ago, has evolved into an era in which CPAs are in constant demand as expert witnesses and litigation specialists. Today, amid the recession, forensic accounting has also become an integral part of “recovery teams” organized by CPA [...]
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 [...]
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 [...]
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. [...]
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 [...]
You are currently browsing the archives for the Compliance Jobs category.
