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Talent retention in Southeast Asia: Accountants as valuable assets

Future CFO

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

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Report: Accounting Firms Turn Down Greensill Auditing Role

PYMNTS

A number of large accounting groups have turned down requests to audit Greensill Capital as the SoftBank -backed firm mulls a stock market listing, the Financial Times (FT) reported. The United Kingdom-based organization has become one of the most highly valued private finance firms in the nation as of its 2011 establishment.

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The value of emotional intelligence in the accounting profession

Future CFO

Accounting professionals are often tangled within intricate financial landscapes, working against tight deadlines and managing complex regulations. The distinct stressors accountants face stem from cyclic nature of peak periods, such as tax seasons, which intensify the workload, leading to increased stress. Self-regulation. Motivation.

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Ernst & Young Under Scrutiny Over Wirecard Accounting Practices

PYMNTS

Ernst & Young ( EY ), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German payment processor claimed it had up to 1 billion euros ($1.1 The big question for me is what on earth did EY do when they signed off the accounts?”

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Fund Accounting for Nonprofits & Charities

The Charity CFO

And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? .

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SoftBank Faces Scrutiny For $1B Investment In Wirecard

PYMNTS

is facing questions about its investment in the embattled German payment services provider, CNBC reported. But even then, there were concerns about Wirecard’s accounting practices, the network reported. billion) were missing from the German payment processor’s accounts in two Philippines banks. billion euros ($2.1

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Auditing and accounting talent shortage remain a top issue

Future CFO

Auditing and accounting talent shortage continue to make employers toss and turn, according to a global survey of more than 4,100 accountants and 2,300 auditors. When it comes to talent retention, more than 85% of accountants and 90% of auditors said it is either somewhat or extremely difficult.