Subscribe to our weekly newsletter and get all the week’s stories. Click here to sign up. TORONTO, Feb. 19, 2023 – On your mark, get set, GO! Tax season launches…
Tag: Accounting
IESBA proposes changes in accounting ethics to deter corporate tax dodging
The International Ethics Standards Board for Accountants released a proposal for revising its code of ethics to address concerns about accountants helping companies avoid paying taxes. The exposure draft, released…
The Impact of AI on the Accounting Profession
In late 2022, a new AI tool, called ChatGPT, exploded into the marketplace. Since then, it’s been mentioned in hundreds of online articles, in chatrooms, and in the media. According…
Inflation fuels wage, retention and burnout problems in accounting
The inflation crisis is adding to wage pressures, creating retention challenges and affecting employee mental health in the accounting profession around the world, according to a new survey. The survey,…
The Accounting Today 2023 Top New Products
EDITORS’ PICKComplimentary access to top ideas and insights — curated by our editors. Time stands still for no one, not even accountants, and this year’s selections for the Top New…
Does ChatGPT have any of the answers for accounting?
Accountants intrigued by ChatGPT should look further than the online autonomous system and examine how artificial intelligence systems can improve their practice, say experts. The CEO of the Institue of…
Monday Morning Accounting News Brief: Auditor Demand; EYer Not Coming in on Monday; Reentering the Workforce | 2.6.23
Good morning and Happy Monday! Here’s some news to start the week and give you something to talk about around the virtual watercooler. Auditing is the most “in demand” finance…
10 Reasons to Pursue a Master’s in Accounting Today
While technically you only need a bachelor’s degree to start working as an accountant, the credit requirements to sit for the CPA exam require more than just the basic 120…
Employers added 517K jobs in January, including 7.4K in accounting
The latest jobs report shattered expectations Friday, after the U.S. Bureau of Labor Statistics found employers added 517,000 jobs last month and the unemployment rate dipped one-tenth of a percentage…
Court rules accountant owes accounting firm $2756 for slacking off on remote work
Remote workers may want to think twice about spending company time to do things like stream TV shows or play video games, as a Canadian accountant was recently ordered to…