Recruiting

Annual pay climbed 5.9%, payroll processor ADP reported.

While companies are working in overdrive to fill accounting positions, they are finding themselves up against a confluence of factors.

Accounting firms have been facing problems in filling their open positions as the number of new accountants declines, and one solution may involve rehiring past employees.

At the Illinois CPA Society's annual summit, a deep dive into how the profession needs to revamp and revitalize its appeal to potential accountants.

Most accountants and financial professionals think AI will make their individual skills even more highly valued, but many feel it will be the doom of their profession.

Only 17% of executives now anticipate a recession, according to a survey released by PwC, and 74% believe they can attract and retain the talent they need.

The Illinois CPA Society is hosting its annual conference this week featuring 44 educational sessions and four keynote presentations, including a session on the state of the CPA profession.

Practitioners' biggest worries for the rest of the year are tried and true: Talent and technology.

Deloitte Tax chair and CEO Carin Giuliante is watching closely as new rules are taking effect in both the U.S. and internationally while recruiting new talent.

Firms need to engage in a systemic overhaul of how they pull individuals toward the profession, keep them in it, and use them as advocates to bring others into the space.