![]() We broke features down into two separate categories: general features and additional features. Pricing accounted for 10% of our weighted scoring. Those that had pricing that we considered to be in the affordable or moderate range fared better in our rankings while companies that offer upfront pricing received higher ratings than those that did not disclose it immediately. Pricingįor pricing, we considered whether a service offers a free trial or a free version of its software as well as the affordability of its lowest and highest price tiers. After assigning a weighted score to each category, we formulated rankings for each company. We also looked at real customer experiences to determine if their expectations were met based on what each company promised. We want to continue to attract and retain the brightest and best staff.Forbes Advisor analyzed 13 online bookkeeping services and considered 15 metrics such as price, features, customer service, ease of use, integrations and service level. Flexibility will continue to be important to employees and, by extension, employers. ![]() ![]() As this example demonstrates, change will continue to happen and is inevitable. 7, 2021, the Congressional Progressive Caucus also endorsed this bill. Recently, Congressman Mark Takano from California introduced legislation in support of a four-day workweek. Even in the U.S., some headway is being made. Governments and businesses globally have run pilot programs that show promising results. Some countries have modeled studies on reducing workload. The group continues to discuss the considerations that lawyers and CPAs need to contemplate when adopting hybrid work arrangements.įlexibility is multi-faceted and also can encompass reducing workload overall. The NCLCPA pointed out that a breadth and depth of expertise is needed to address risks and organizational changes involved with adoption of hybrid work. Hybrid work creates a unique and more flexible environment by combining time spent on-site or in office settings with remote work. During its last few meetings, National Conference of Lawyers and CPAs (NCLCPA) - a group comprised of AICPA and the American Bar Association (ABA) members who consider issues affecting the accounting and legal professions - discussed the implications of hybrid work arrangements. Other organizations are working toward addressing the implications of a changing work environment. This is a huge step in workplace flexibility. 1 that it is allowing all eligible United States employees to telework the ability to work virtually from anywhere in the U.S. The ability to relocate while continuing a professional career and balancing personal needs and priorities concurrently is becoming extremely desirable. Relocation falls within the flexibility spectrum and has been a hot topic lately. Businesses that successfully transition to this newer model must address these issues and others as they arise. Workplace flexibility will also necessitate adaption in areas that traditionally happened in an office setting, such as training staff, cultivating workplace culture and encouraging collaboration. There are many examples of how to accomplish flexibility, including telecommuting agreements, compressed workweeks, reduced summer hours, extended holiday closures, mental health days, volunteer hours and the ability to flex daily working hours, depending on changing priorities. Adopting a core flexibility model will help us achieve the desired balance that will support the needs and wants of staffs. The profession faces many challenges that could throw us “out of balance.” However, we need to overcome these challenges and meet them head-on. To stay competitive with other career fields, the accounting profession needs to continuously progress and adapt to an ever-changing “new normal.” Adjusting to a more forward-thinking approach will lead to more satisfied employees, lower turnover, and attraction and retention of new talent. As the world continues to evolve, so do the needs and wants of staffs in the tax and accounting industry. We live in exceptionally taxing times with a significant amount of overwhelming change. ![]() We must also apply the same principles to our professional careers and home life in this rapid period of transition and, in particular, as we focus on new core principles surrounding the concept of flexibility and what it means on a daily basis.įlexibility has been a big source of discussion lately and is of the utmost importance to today’s CPAs and rising CPAs. As we learned in Accounting 101 class, our assets must equal our liabilities, plus shareholder’s equity. In the accounting world, we must strive for balance.
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