Firms step up recruiting amid talent shortage

Accounting firms are trying to entice more young people to join the accounting profession as the number of open positions grows during the Great Resignation and a wave of retirements. During the COVID-19 pandemic, many accounting students delayed scheduling and sitting for the CPA exam because of testing limitations and challenges, according to a report … Read more

In the blogs: The best policy

Partners’ pay as a retention tool; volunteering to file; the global tax debate; and other highlights from our favorite tax bloggers. The best policy Rosenberg Associates (https://rosenbergassoc.com/blog/): Here’s a thorny one: Should partners cut their comp to pay staff better? Solutions for CPA Firm Leaders (http://ritakeller.com/blog/): Recruiting is one thing, retention another — and perhaps … Read more

Business leaders think they’re more trusted than they really are

Business executives who assume their companies are highly trusted by consumers are overestimating their level of trust, according to a new survey from PricewaterhouseCoopers. The survey, released Wednesday, found that 87% of business leaders think customers highly trust their companies, but only about 30% of consumers do. In addition, while 84% of business leaders say … Read more