Why companies should prioritize cash flow over cost reduction

May 13th, 2016  // News

For struggling companies, it may be better to boost cash flow rather than push for discounts from suppliers to reduce costs. Creating strategic supplier relationships and addressing issues across the supply chain in real time can help to improve cash flow. Read more

Long job tenures common among baby boomers, survey finds

May 12th, 2016  // News

Forty-one percent of employed workers have spent 20 years with the same company, according to a survey of Americans who are at least 50 years old. Eighteen percent had been with the same employer for 30 years. Younger generations might not experience the same lengthy job tenures. Read more

How automation will enhance the accounting profession

May 11th, 2016  // News

Automation and artificial intelligence will reshape the accounting profession but will not eliminate the need for human accountants, writes Brian Peccarelli, president of Thomson Reuters Tax & Accounting. Accounting professionals will still be needed to uncover the most useful insights from the mountains of data available to organizations. Read more

Form 1040 is a virtual gold mine of planning opportunities

May 10th, 2016  // News

The individual income tax return can yield opportunities to lower your clients' tax liability and help them plan for their retirement. It is also a great place to look if you are interested in expanding your scope of services. Read more

Moms face serious retirement challenges

May 9th, 2016  // News

Raising children has a serious impact on women's retirement prospects. Living longer than men while earning less puts many women into poverty later in life. Read more

Employers added 160,000 jobs in April

May 6th, 2016  // News

The US economy added 160,000 nonfarm jobs last month, the smallest increase since September and less than the 202,000 jobs economists polled by Reuters had forecast. The unemployment rate remained unchanged at 5%. Read more

How to foster employee engagement

May 5th, 2016  // News

High levels of employee engagement tend to create more profitable and productive businesses with lower turnover. However, research from Gallup has shown that most employees are not actively engaged. Here are several factors leaders should consider as they address the issue. Read more

Some companies offer “me time” to their employees

May 4th, 2016  // News

A new trend among companies is to give employees "me time" along with personal and sick days and vacation time. These days are called by various names at different companies, but some observers view them critically, seeing them as a marketing ploy rather than a new type of benefit. Read more

Finance and accounting salaries remain on the rise

May 4th, 2016  // News

Finance and accounting employees in the US can expect base pay raises of an average of 3%, according to a new salary guide. Learn more about what employers can do to find and retain skilled professionals in an environment that is favorable to job seekers. Read more

Firms get proactive in search for accounting talent

May 3rd, 2016  // News

Demand for accounting talent is on the rise, with one AICPA report finding that CPA firms added 43,252 accounting graduates in 2014, a 7% increase over the previous year. Firms use a number of strategies to attract recruits, including training programs, internships and flexible work schedules. Read more





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