Industry Insights

To successfully provide these services, firms may need to upskill their staff or hire industry-experienced professionals. Temporary secondments to client sites can also help staff gain valuable insights. For more information on transitioning to controllership services, the blog suggests contacting Deb Defer at Woodard.

The introduction of proctoring in our online tests marks a significant advancement in ensuring integrity and security. Utilizing AI technology, proctoring offers enhanced monitoring capabilities, extended testing durations, and comprehensive detection of cheating behaviors. By embracing this innovation, we reaffirm our commitment to providing trustworthy solutions and fostering transparency and trust in online assessments.

According to the survey, 52% of applicants say they exaggerate responsibilities and 45% make up details like the number of direct reports - stuff you can't easily double check.

Conducting effective interviews for accountants and bookkeepers is crucial, and following a structured format with competency-based questioning, thorough note-taking, and panel reviews can ensure an efficient and fair hiring process

When you’ve advertised a role for a lower level position a few times, and no one of any interest has applied, you get the message that the talent pool is dry. Hiring raw talent is hard. Training them once you’ve hired them is harder still, and much costlier. Making sure you start with the right people will mean it’s more likely this investment pays dividends for your firm. Know your candidates

Want to see if Accountests will work for your firm? Click on the button for a FREE trial test - use it on a candidate or get one of your staff to g...

As an exhibitor at AICPA Engage, we gained valuable insights into the accounting industry's current challenges and trends. Networking with professionals and showcasing our solutions allowed us to contribute to addressing the most pressing problems for accountants right now. The experience emphasized the importance of collaboration and innovation for the profession's future success and sustainability.

Explore the importance of background screening for CPA firms in this insightful article by Chris Cooley from MyHRScreens. Learn how thorough checks can mitigate risks, verify credentials, maintain trust and credibility, create a safe working environment, and prevent corporate fraud, ultimately securing a firm's reputation and client trust.

Discover how AI is set to impact the education of accountants in this thought-provoking blog. With questions raised about the role of technical knowledge and communication skills, the author proposes changes to the educational system to adapt to the rise of AI and suggests that those who embrace these changes will be in high demand

This informative blog provides a practical model for demonstrating the cost of a bad hire in public accounting and offers tips to avoid making one. Drawing on 25 years of experience, the author emphasizes the importance of hiring with a purpose, mastering the art of interviewing, verifying beyond the resume, emphasizing team compatibility, and swift decision-making.

Unlike other ‘fads’ such as crypto and blockchain, where adoption is slow and patchy, AI is moving fast, of immediate real benefit to public accounting firms, and has possibilities well beyond writing and interpreting emails. Giles discusses where AI is going in accounting on the world's most popular accounting podcast – the Cloud Accounting Podcast

Who’s better – ChatGPT or Jasper? And would they pass a CPA level exam? We thought we’d get Chat GPT and Jasper.ai to take our CPA level Public Accounting Test. This test is used by employers to assess candidates for roles where a CPA licence is usually required. We analysed the questions into categories to try and see where each AI performed. This is not a scientific analysis but here is what we found...