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Latest Articles

  • Gen Z, Millennials Turn to Social Media for Financial Know-How

    By:
    Karen Sibayan
    |
    Oct 14, 2024
    Social media algorithms have increased their influence in the financial advice field. They now serve as pseudo-advisers for Gen Zers and millennials searching for financial know-how, sometimes leading to their economic detriment.

  • In a Flat Organization, Each Employee Has More of a Say

    By:
    Karen Sibayan
    |
    Oct 11, 2024
    Mireia Las Heras, a professor, and José Pérez del Valle, a research assistant, at IESE Business School, explained that the traditional corporate hierarchy is facing a reckoning.  They said that in 2024, so many companies eliminated middle managers, leading to the coining of the phrase “the great unbossing.” 

  • Debt Drives the Career Moves of Younger Workers

    By:
    Karen Sibayan
    |
    Oct 10, 2024
    Despite the strong job market, as employers added 254,000 jobs in September, some are still recovering from layoffs throughout the corporate world. According to a recent Harris Poll survey, 28% of Americans are concerned about losing their jobs before the year ends.  

  • KPMG US Head Says Easier Path to Accounting Career Needed to Avert Crisis

    By:
    Karen Sibayan
    |
    Oct 9, 2024
    Head of KPMG US Paul Knopp stated that the industry needs to make it simpler and less expensive to become an accountant to avert a “brewing crisis” in the profession, which he says is ”systemically important to the functioning of the capital markets.” 

  • Partner Says Joining Associations Is About Giving Back and Moving Forward

    By:
    Karen Sibayan
    |
    Oct 8, 2024
    When asked by a sole practitioner who is starting out what the benefits of joining an accounting association are, NYCPA member Ed Mendlowitz had a very simple and straightforward answer: "The societies offer many benefits just by existing, and many more for those who participate, Their presence informs the public that there is oversight over the performance, training, and validity of the professional designations." 

  • Expert Lists 5 Warning Signs That Firms Don't Get What Make Gen Zers Tick

    By:
    Karen Sibayan
    |
    Oct 7, 2024
    Tracking how workplaces are transforming takes effort, particularly when understanding Gen Z. While helping companies through various changes, Cheryl Fields Tyler, CEO of the management consulting firm Blue Beyond Consulting, said she has seen how this generation is "shaking things up."

  • Gen Zers Vent About Their Employers Online More Than Other Employees

    By:
    Karen Sibayan
    |
    Oct 4, 2024
    Forty-eight percent of GenZers have posted negatively about their jobs on social media, according to video conferencing company Owl Labs’ 8th Annual State of Hybrid Work report.

  • Experts Say Accountants Have More Career Paths to Choose From Than Ever Before

    By:
    Karen Sibayan
    |
    Oct 3, 2024

    Young accountants have more choices in terms of their professional paths than they did in the past, experts say.

  • Experts List CPAs' Must-Have Skills to Cope With Evolving Profession

    By:
    Karen Sibayan
    |
    Oct 2, 2024
    CPAs face two foundational and interconnected challenges, experts have found. While overseeing automation and other tech upgrades to core finance, accounting and other business functions, they also face increased demands for key insights into the business's future path.

  • AICPA, NASBA Ask for Input on Proposed Changes to UAA to Facilitate New Experience Pathway

    By:
    Karen Sibayan
    |
    Oct 1, 2024

    The AICPA and the National Association of State Boards of Accountancy (NASBA) have proposed changes to the profession’s model law to address the talent needs of accounting and expand access to accounting careers to a bigger pool of candidates. The proposed UAA changes would allow states to adopt the CPA Competency-Based Experience Pathway, an added route to CPA licensure proposed by the AICPA and NASBA.
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