Employee retention

With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent.

While it might intuitively seem AI and offshoring are in direct competition, offshore talent providers report that the two have instead created powerful synergies.

Companies are desperate for ways to keep their quality of service high, even though they have smaller teams. Artificial intelligence (AI) is one possible answer.

Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society.

The average annual salary for the six highest paid positions in corporate accounting is $193,722, according to data from Surgent.

Highly engaged business units achieve higher profitability and higher well-being.

What will be the role of the junior associate once AI takes over all the simple tasks that generate the experience needed for more complex ones?

The taboo around discussing and comparing accounting salaries is slowly fading.

Firms risk being left behind if they don't carefully navigate the current transformative era, experts warn.

Forward-leaning firms are increasingly turning to gamification to make accounting more attractive to young professionals.