Over 60% of companies are looking to hire full-time accountants to their staff and an evenhigher 80% are looking to hire contract accountants. According to State of U.S. Hiring Survey from firm Robert Half, accounting and finance areamong the...
Establishinganemployee-firstcultureisparamounttocreatingasuccessfulteam!Weneedemployees to feel heard, respected, and appreciated. We want our teams to feel empowered and motivated, and to know that they are valued. But how? Let’s take a deeper dive into an employee-first culture. Employee First Culture. What does it do? Anemployee-firstculturehelpstoincreaseemployeeloyalty,asemployeesaremorelikelyto staywithacompanythatvaluesthem.Notonlythat,creatinganemployee-firstcultureisan excellentwaytoensurethatyourteamissupported,valued,andmotivated,whichinturncan leadtohigherlevelsofengagement,jobsatisfaction,andproductivity,asemployeesknowtheir opinions are being heard. Whenemployeesfeelsupported,itcanleadtoincreasedcustomersatisfaction,creatingawin- win situation for everyone. Deep Dive: A Lack of Top Talent Haveyounoticedaccountingfirmsinrecentyearshavehadtroubleattractingall-star employees?Onemightbelievethisisanoverallindustrydeclineduetorecessionaryconcerns, however, this might not be a main factor. Rightnow,manycollegestudentsarenotpursuingaCPAlicense.Whileaccountingasamajor ingeneralwillalwaysbeatopdegree,lessandlessstudentsareoptingnottomakethisa profession.Manystudentsareoptingoutofa5thyearofcollegetohelppursueanecessaryCPA license.Notonlythat,manyjustdon’twanttoworkthelonghoursthatcomeswithbeingan accountant. Engagement & Innovation So how do we use an employee first culture to find and keep top talent? Let’s take a look. Creatinganenvironmentwhereemployeesfeelheardandrespectedisessentialforfosteringa positiveworkenvironment.Bylisteningtotheirideas,opinions,andfeedback,youcancreatean...
“If you can’t explain it to a six year old, you don’t understand it yourself.” -Albert Einstein Welcome to the world of accounting! Today we’re getting back to basics with one of the most foundational components of financial management:...
What small business owners need to know to prepare for their first financial statement audit. When you hear the word ‘audit’ what comes to mind? For most, it is a word that can quickly invoke feelings of anxiety or...
Starting and running a small business is no easy task. From tight budgets to ever-changing market conditions, the challenges can seem overwhelming. However, there are several strategies that small business owners can implement to reduce costs, increase their bottom...
Josh Alexander, CPA, was one of only 30 CPAs honored by the American Institute of CPAs (AICPA) as a member of the Leadership Academy’s 13th graduating class. Josh was selected based on his exceptional leadership skills and professional experience...
If you receive federal funding for affordable housing units that you own or manage, you likely will need to undergo an audit. The US Department of Housing and Urban Development (HUD) requires audits of property owners participating in its...
We previously made our case on the need for accuracy and transparency among nonprofits. While it’s tempting to make every expense on your balance sheet appear to be programmatic, it’s not realistic for a thriving nonprofit to exist without...
As a not-for-profit organization, transparency in your financial reporting not only gives donors an assurance of how their dollars are dispersed, but it also can help you make better strategic decisions. To promote transparency, the Financial Accounting Standards Board...