Accounting Uncovered: Top Articles & Industry Insights

Hello!

The accounting and finance sectors are at a transformative crossroads. From addressing pressing talent shortages to embracing a digitally-driven remote work environment.?

The industry is grappling with challenges that demand innovative solutions like diversifying recruitment strategies and learning to manage a distributed team.

So, let's get right into this week's top blog posts!

Only 1% Of Firms Can Find Enough Staff

According to a recent survey by the AICPA, less than 1% of accounting and finance firms can find enough staff, and 90% of them report difficulties in hiring talent. How can we overcame the talent gap? Read more.

Digital Tools To Keep Track of Employees' Local Times

The digital revolution has unarguably made managing remote teams easier. But the surge in remote working, especially in sectors with strict deliverables like accounting and finance, has emphasized the need for more sophisticated tools. Read more.

How Flexible Scheduling and Remote Work Influence Traditional Time Management

67% of remote workers feel that the greatest benefit of working from home is the flexibility in how they spend their time. Given the intricacies of coordinating remote teams, especially those located in different countries, mastering the art of time management becomes essential. Read more.

Why CPA Firms Are Recruiting Non-Accounting Graduates

CPA firms are increasingly looking beyond the traditional pool of accounting graduates when filling their vacancies. There was a notable uptick in the recruitment of non-accounting graduates for accounting and finance roles by 10 percentage points. Read more.

Employee and Independent Contractor Misclassification: What You Need to Know

Misclassification of independent contractors is a widespread issue in the US and is becoming a raising concerns as new businesses, like startups and fintechs,? intentionally or unintentionally label workers as independent contractors rather than employees to save on benefits, wages, and taxes. Read more.

We hope you enjoyed this week's edition!

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