20 years of ups and downs, now up again. the number of people employed by cpa firms in the u.s. has topped 400,000 for the first time since last february, according to the latest data available to 卡塔尔世界杯常规比赛时间. total … continued
what recession? more accountants with jobs … ever.
by rick telberg
in the same jobs report that drove the nasdaq to an 11-year peak, the accounting and bookkeeping sector recorded more people employed in the industry than ever before.
accounting firms hire the most, pay less.
the average salary for accounting majors is averaging up 3.7 percent to $50,500, according to a new survey of college graduates and the employers who hired them.
cpa firms account for 2 in 3 new jobs.
the nation’s tax, accounting, payroll and bookkeeping businesses added 3,100 employees in december, bringing the industry’s total headcount to 943,100, according to the latest government data obtained by 卡塔尔世界杯常规比赛时间. read more →
entry-level auditors at kpmg win class-action certification.
a new york federal court conditionally certified a national collective action lawsuit that alleges that kpmg llp violated the federal labor laws by denying thousands of entry-level audit employees overtime pay.
“denying associates overtime pay is a problem among all of the big four accounting firms, not just at kpmg,” says attorney justin m. swartz. “we hope that this case, as well as audit, advisory, and tax cases against deloitte, pricewaterhousecoopers, and ernst & young will reform the accounting industry.”
even as cpa firms shrink by 1,100.
the nation’s accounting and bookkeeping sector accounted for 2,000 of the 80,000 new jobs created in october, according to new preliminary and seasonally-adjusted data from the u.s. labor department.
for the nation, the jobs gain pushed the unemployment rate down to 9.0% from 9.1%.
for the accounting and bookkeeping sector, october’s performance represents a third straight month of gains and a year-to-year gain of 60,800 jobs, bringing the industry’s payroll to 932,200 employees.
index hits recessionary levels.
a leading gauge of confidence among finance and accounting professionals has hit its lowest level since early 2009.
but 61 percent are confident in the future of their current employer, up from 56 percent in the previous quarter.
after years of layoffs, large and regional accounting firms are hiring.
millions of “help wanted” ads surveyed and indexed.
indexed to february 2010, the number of open “accountant” jobs has increased 64% and the number of open “cpa” jobs has declined 11%, according to data from simply hired, a job search engine affiliated with 卡塔尔世界杯常规比赛时间. the graph displays the percentage of jobs with the search terms anywhere in the job listing.
defying national trends, accounting industry expands by 2,200 jobs.
total employment in the accounting and bookkeeping sector grew by 2,200 positions in june (preliminary, seasonally-adjusted), to 933,200, the fourth straight month of gains and the highest headcount since 944,600 in december 2008, according to new government data.
the surge is being fueled by big gains in tax prep shops and in payroll services. cpa firms slimmed down after tax season, as usual, but headcounts are still running higher than a year ago.
stuck at about $128,000 in total comp.
pay for finance and accounting executives is remaining essentially flat for the third year in a row, according to a survey by the institute of management accountants of its members.
the average salary increased 3.1% to $109,265 and total compensation increased 4.2% $128,486. but the ima said “neither increase is statistically significant.”
unlike earlier years, total compensation in the latest year rose faster than base salaries. the ima said more finance executives received raises this year, but the average amount of the raise has remained flat.
companies increasingly tie pay to non-financial targets.
pay for cfos is set to rebound this year after two years of declines, according to a new aicpa member survey.
predicting “a substantial improvement in 2011 at both private and public companies,” the aicpa survey says bonus-driven compensation should be buoyed this year by rapidly improving corporate performance.
cash bonuses lead the way, up 24% average compensation for chief financial officers at s&p 500 companies jumped 19% to $2.9 million last year, driven by rebounding profits and stock prices, according to a wall street journal survey. while the … continued