Accounting Firm Leaders Cite ‘Rising Salaries’ As The Second Biggest Problem Facing Their Firms
Accounting Today has published “The 20 biggest problems for firms in 2023” and no one will be surprised to find out that the war for talent ranks #1 among the firms AT surveyed. Talent actually has its tentacles in a number of problems on AT’s list and spills over into several items–capacity issues, burnout, retention. […]
The Accountant Shortage Has Finally Been Figured Out. You’re Not Underpaid, You’re Bored!
Ed. note: if you’re visiting from r/accounting, thanks for actually reading the article. Love ya. Another day, another article purporting to offer the solution to the precipitous drop in accounting talent over the past several years that doesn’t involve paying people more. “Young people” have been blamed for talent shortages long before an actual shortage […]
Good News! You Don’t Have to Go to Work Tomorrow (In 20 Years)
You’ve probably seen this making the rounds on Reddit, Twitter, and whichever other dark corner of the internet you hang out in to commiserate with your fellow capital markets servants. It’s from FinanceBuzz’s 13 Jobs That Will Be Gone Within 20 Years: Like most article that claim accountants will be replaced by machines in 5-25 […]
Automation Will Replace Accountants Who Don’t Even Want Their Jobs, Says Guy
Although the show ended seven years ago (yeesh, where has the time gone?), I regularly find myself binge-watching Mad Men, sometimes for nostalgia, sometimes for soothing background noise, sometimes least of all in hopes I’ll catch some small detail missed in my previous 20 rewatches left there like a pretty striped Easter egg rotting behind […]
4 Ways to Automate Your Day and Free Up Precious Time
It’s hard to remember that dark time in the not-so-distant past when we had to do things like print out directions instead of trusting our phones to lead the way. Alexa hasn’t even been around for a decade, and yet here we are today, with smart home setups that open up the house for us, […]
Advance Your Accounting Career with Intuit’s AI-driven, Intuitive Technology Platform
In previous posts, we’ve talked about how Intuit can help you thrive in the remote work era and shape your accounting career your way. By empowering you with an AI-driven, intuitive platform, Intuit can also help you be more productive and provide a higher level of service to customers as you advance your career. Intuit […]
This Is Not a Drill: The Robots Are Coming For Your Job (Probably)
For years now, we here at Going Concern — much like most of the accounting profession at large — have been engaged in dramatic hand-wringing over the possibility of robots edging accountants out of their jobs. And — again, much like the greater profession — we have mostly come to the conclusion that even when […]
Get Sensitive or Else: How to Keep Talent When the World’s Gone Crazy
As hardcore accountants, you and your talent probably aren’t suffering quite as much from the death of office culture as the rest of the world. How many of you really cared about the PR puff stuff that was a distraction and time suck? However … Even the most laser-focused, bottom-line-oriented accountant is missing something in […]
Get Your Mind Out of the Data with Modern Analytics (So Your Accounting or Finance Career Can Take Off)
It’s hard to make your accounting or finance career dreams come true when you spend half your day gathering, blending, interpreting, and learning to understand your data. And that’s especially true when your data exists in many formats—from spreadsheets to databases to emails. (By “dreams,” we’re speaking figuratively—we’re not talking about your recurring nightmare where […]
4 Reasons the Accounting Firm Timesheet Must Evolve in 2019
It’s 4:45 on a Friday afternoon at Accounting Firm, USA. Fee earners are itching to start their weekends, but one final task remains. Before the happy hour beer taps can flow, before elated dogs (and disinterested cats) can greet their returning owners home, before the family can pile into the minivan and head out to […]
Controllers Say AI and Blockchain on the Cusp of Transforming SOX Compliance
When asked whether artificial intelligence and blockchain will play a role in accounting and finance teams’ Sarbanes-Oxley compliance efforts in the near future, Brian Christensen said, without hesitation, “Absolutely.” “The question is, how far down the road is that?” said Christensen, executive vice president of global internal audit and financial advisory at consulting firm Protiviti. […]
“Rise of the Robots” – Cognitive Technology Threatens Us All
A reader’s skeptical comment on the second of this series — Part I and Part II — on the ominous messages for the accounting profession in Martin Ford’s prize-winning book of last year, Rise of the Robots was that, "The elephant in the room (is) that automation is nowhere close to being able to make […]
Reminder: Robots Are Coming For Your Accounting Jobs
As you may have heard, THE MACHINES are taking over CPA jobs. But for accounting wizards like yourselves, you probably want some numbers to tell the story. Fair enough. Last week, Planet Money covered a 2013 study entitled The Future of Employment: How Susceptible Are Jobs to Computerisation? It’s gotten attention in the accounting profession before, […]