Time is running out to start getting ready for the technology-transformed, new-world accounting profession that is evolving at an increasing pace.
Eighty percent of Americans would rather accept a job with benefits such as health insurance and a retirement plan than take a job without benefits, even if it paid 30% more, according to a new poll conducted in April for the AICPA by Harris Poll.
Teaching staff about empathy and how to communicate with clients: a panel discussion at the World Congress of Accountants (WCOA) argued that these “soft skills” are just as important to the modern accounting firm as technical skills.
A CFO’s ability to build strong teams and develop successors is more important than ever. When CFOs of large North American companies were asked by Deloitte about the legacy they wanted to leave, they said, in overwhelming numbers, that they wanted to have had a strong influence on their company’s ability to perform well in the future and to have left things better than they found them.
As the CFO role continues to evolve beyond its traditional responsibilities, the career journey to CFO also is diverging from the traditional route of back-office finance and accounting.