Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Secretary Blinken’s Meeting with Israeli Minister for Strategic Affairs Dermer and National Security Advisor Hanegbi
    Secretary Blinken’s Meeting with Israeli Minister for Strategic Affairs Dermer and National Security Advisor Hanegbi World News
  • Global Text Analytics Market Is Projected To Grow At A 19% Rate Through The Forecast Period
    Global Text Analytics Market Is Projected To Grow At A 19% Rate Through The Forecast Period Business
  • LTV Day 717 pt1: Zaluzhny Is Gone. Will the Strategy Get Better?  – Latynina.tv – Alexey Arestovych
    LTV Day 717 pt1: Zaluzhny Is Gone. Will the Strategy Get Better? – Latynina.tv – Alexey Arestovych World News
  • Day 378: war diaries w/Former Advisor to Ukraine President, Intel Officer  @arestovych  & #Feygin
    Day 378: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Read Out from FAA Administrator Mike Whitaker’s Trip to the Seattle, Washington, area
    Read Out from FAA Administrator Mike Whitaker’s Trip to the Seattle, Washington, area Aviation
  • Patrick Kilpatrick Joins Hypno Challenge to Showcase the Transformative Power of Hypnotherapy
    Patrick Kilpatrick Joins Hypno Challenge to Showcase the Transformative Power of Hypnotherapy World News
  • Secretary Blinken’s Meeting with Israeli Minister for Strategic Affairs Dermer and National Security Advisor Hanegbi
    Deputy Secretary Sherman’s Meeting with Swedish State Secretary for Foreign Affairs Knutsson World News
  • Top 25 Nationally Ranked Carr, Riggs & Ingram (CRI) Expands into Fort Worth, Texas
    Top 25 Nationally Ranked Carr, Riggs & Ingram (CRI) Expands into Fort Worth, Texas World News
Teaming Up to Find Staffing Solutions in Accounting & Finance HR Crisis

Teaming Up to Find Staffing Solutions in Accounting & Finance HR Crisis

Posted on July 17, 2023 By NewsEditor

Teaming Up to Find Staffing Solutions in Accounting & Finance HR Crisis

Kiera Speed, Project Manager for the Center for Accounting Transformation, encourages accountants to “give answers and get results.”

Donny Shimamoto, CPA, CITP, CGMA

Donny Shimamoto, CPA, founder of IntrapriseTechKnowlogies and the Center for Accounting Transformation, says “Together, we can own the unknown.”

See things differently. Digital transformation with the Center for Accounting Transformation. Visit improvetheworld.net.

The Center for Accounting Transformation. Visit improvetheworld.net.

CPA Practice Advisor says 90% of firms struggle to find talent and a third cite staffing among the three biggest issues in practice management.

An unprecedented amount are leaving the profession without a pipeline to replace them. Together, we can uncover strategies to address this crisis successfully.”

— Kiera Speed, Center for Accounting Transformation

HONOLULU, HI, UNITED STATES, July 13, 2023/EINPresswire.com/ — Staffing shortages in the accounting industry have almost always been concerning, but it’s reaching epidemic heights.

According to an April 21 article in Fortune, S&P Global Ratings withdrew 64 credit ratings for governments and utility systems for failing to file financial information on time. Just the month before, 149 entities were placed on negative credit watch. “Other municipalities have recently seen their bond ratings deteriorate or disappear, threatening their ability to finance projects and borrow at affordable interest rates,” the article states.

Further, CPA Practice Advisor reported in February that 9 in 10 accounting and audit firms struggle to find talent. According to a survey of more than 6,000 accountants, the situation is dire. “Nearly 35% of accountants cite finding the right talent among their three biggest practice management issues over the past year, compared to just 14% of accountants who cited it last year ‐ making finding talent the fastest-rising industry challenge,” the article stated. “More than 90% of accountants and 95% of auditors surveyed find it either challenging or extremely challenging to hire skilled talent. When retaining talent, more than 85% of accountants and 90% of auditors said it is either somewhat or extremely difficult.”

For these reasons, the Center for Accounting Transformation, in collaboration with CPA Trendlines, is undergoing Staffing Solutions Research to try and find workable solutions for firms and organizations of all sizes. Kiera Speed, a project manager with the Center, said, “If firms and finance departments don’t learn effective strategies for managing talent shortages, the struggle will continue for finding and developing the right people, burnout will become even more prevalent in the profession, and people and businesses will not get the peace of mind they need from these critical business professionals.”

Speed added, “Accountants deliver peace of mind to people and businesses. An unprecedented amount are leaving the profession without a pipeline to replace them. Together, we can uncover strategies to address this crisis successfully. And share them with the world.”

Donny Shimamoto, CPA, CITP, CGMA, an inspiration architect with the Center and its founder, told Rory Henry, BFA, with AFO Wealth Management during a May episode of Wealth Management Forward podcast, that much of what we think about staffing is rooted in hearsay and other people’s opinions.

“So we said, ‘You know what?’ Let us do research and let’s get some really good numbers that help to quantify what strategies people are using, what’s working, what’s not working,’” Shimamoto said. “Then, also, indirectly what we’re doing is helping people be aware that there are actually other options out there.”

As this research is critical to the profession, the Center encourages all accountants and finance professionals to take a few minutes to provide their valuable insight on the short survey. It is also important for accounting professionals to share this with peers to maximize participation and glean greater insights.

With data that reveals staffing strategies of successful organizations, accountants will be empowered with new information to innovate for their own firms and organizations.

Take the short survey now: https://intraprise.qualtrics.com/jfe/form/SV_aeKctXzhjA4hvq6?Source=C4TEIN.

Amy L Welch
IntrapriseTechKnowlogies
+1 405-641-1834
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube

You just read:

News Provided By

July 13, 2023, 22:56 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Teaming Up to Find Staffing Solutions in Accounting & Finance HR Crisis

World News

Post navigation

Previous Post: Sylvie Changes Domain Name to sylviejewelry.com
Next Post: CC Wellness Wins 2023 Bronze Stevie Award for the ‘Most Innovative Company of the Year

Related Posts

  • Wencor Announces Global Distribution Partnership With TA Aerospace
    Wencor Announces Global Distribution Partnership With TA Aerospace World News
  • Refractories Market Size, Share, Revenue, Trends And Drivers For 2024-2033
    Refractories Market Size, Share, Revenue, Trends And Drivers For 2024-2033 World News
  • Secretary Blinken’s Meeting with Israeli Minister for Strategic Affairs Dermer and National Security Advisor Hanegbi
    Secretary Blinken’s Call with Azerbaijani President Aliyev World News
  • War in Ukraine, Analytics. Day 733 (part1): 3rd Year of War. Scenarios for the West and Ukraine.
    War in Ukraine, Analytics. Day 733 (part1): 3rd Year of War. Scenarios for the West and Ukraine. World News
  • War Day 290: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 290: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • War Day 575: War of Attrition Demands a Change of Style
    War Day 575: War of Attrition Demands a Change of Style World News
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Dunbrook Associates Offers Complimentary Consultations to New ClientsJune 25, 2025
  • Luxury & Beauty With Purpose: A Noble Foundation Elevates Healing Through DesignJune 25, 2025
  • International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in BrusselsJune 24, 2025
  • FinlyWealth Revolutionizes Credit Card Comparison in Canada with Data-Driven, Personalized ToolJune 24, 2025
  • International Coalition Delivers Capacity, Integration, and Hardware for Payloads on Transporter-14 Mission with SpaceXJune 24, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • Impact Investing Market Size, Share, Revenue, Trends And Drivers For 2023-2032
    Impact Investing Market Size, Share, Revenue, Trends And Drivers For 2023-2032 World News
  • War Day 289: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 289: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Secretary Blinken’s Meeting with Israeli Minister for Strategic Affairs Dermer and National Security Advisor Hanegbi
    Authentication of Washington at Princeton Portrait by Charles Willson Peale World News
  • Size, Trends, And Growth Insights For Global Expansion
    Size, Trends, And Growth Insights For Global Expansion World News
  • Saturn 4 Ultra by Zhang Shengzhe, Liu Biao and Wang Jiuliang Wins Gold in A’ Equipment Awards
    Saturn 4 Ultra by Zhang Shengzhe, Liu Biao and Wang Jiuliang Wins Gold in A’ Equipment Awards World News
  • War in Ukraine, Analytics. Day 845 (pt1): Peace Summit Results. Putin’s Mistake. Arestovych, Feldman
    War in Ukraine, Analytics. Day 845 (pt1): Peace Summit Results. Putin’s Mistake. Arestovych, Feldman World News
  • Secretary Blinken’s Meeting with Israeli Minister for Strategic Affairs Dermer and National Security Advisor Hanegbi
    Secretary Blinken’s Meeting with Acting Uzbekistani Foreign Minister Saidov World News
  • From Sea to Shining Sea -Events That Offer Hope are Set to Culminate with ‘The Best You’ Expo in Los Angeles-March 3-5
    From Sea to Shining Sea -Events That Offer Hope are Set to Culminate with ‘The Best You’ Expo in Los Angeles-March 3-5 World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .