September 17, 2021

Friday Footnotes: You Deserve a Raise; Data Literacy; IRS Wants Your Body | 5.21.21

How to ask for a raise when the pandemic nears its end [Journal of Accountancy] With a growing portion of the population in the United States and some other countries vaccinated and at least some aspects of life set to return to normal, you may feel it’s time to raise the question of compensation with your boss.

Diverse faculty attracts diverse students [Black CPA Centennial via ICPAS] Having diversity in the front of the classroom benefits all students, especially the students of color who may not be used to seeing people like themselves in that position, said Mark Dawkins, CPA, Ph.D., professor of accounting at the University of North Florida and the first Black CPA, Ph.D., president-elect of the American Accounting Association.

I’m an accountant for ultrawealthy people in Florida. Here’s what surprises my clients most about their taxes — and what I love about my job. [Business Insider] A Palm Beach man with 50 years of experience tells his story.

KPMG Launches Data & Analytics Literacy Program For 10,000 Advisory Professionals [PR Newswire] Designed to deepen employees’ understanding of data, analytics and Artificial Intelligence (AI), KPMG’s D&A Literacy Program will help Advisory professionals deliver meaningful data-driven insights to clients. Advisory professionals will take classes on AI strategy and solution design and advanced D&A techniques. AI courses will be offered in collaboration with UCI Paul Merage School of Business, as well as courses from MIT Sloan School of Management delivered in collaboration with Get Smarter.

German MPs take battle with EY over classified Wirecard documents to court [Financial Times] Germany’s highest court will be asked to decide whether a cache of classified EY documents linked to Wirecard can be published, after MPs investigating the scandal and the Big Four audit firm clashed over their release.

Cybersecurity Evolves to Handle Remote Workers [CFO] The security risks during the pandemic are largely the same as those pre-pandemic, except on a larger scale.

The IRS calls for more employees to bolster audit capabilities [Federal Times] The Biden administration’s American Families Plan — released in late April and designed to fund educational opportunities and support families’ childcare needs — will rely on the IRS being able to significantly expand its workforce, according to the tax compliance agenda released by the Department of Treasury on Thursday.

Deloitte Global report: Pandemic takes heavy toll on working women; majority are significantly less optimistic about their career prospects today [PR Newswire] Heightened workloads and household responsibilities during the COVID-19 pandemic are driving deep dissatisfaction among many women in the workforce, according to a new Deloitte Global report, “Women @ Work: A global outlook,” released today. The report finds that these increased responsibilities are having devastating effects on working women as 51% of those surveyed are less optimistic about their career prospects today. Additionally, women surveyed reported a 35-point drop in mental health and a 29-point drop in motivation at work compared to before the pandemic.

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