- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Maria L. Murphy2022-08-30T17:48:00
Changes in the way people work have created new challenges for organizations and a realignment in the ways they attract and retain accounting and finance employees.
In a recent webcast poll conducted by Deloitte’s Center for Controllership, 82.4 percent of public companies reported accounting and finance talent retention issues over the past 12 months. Private companies have also been impacted but less so, with 68.9 percent reporting retention struggles.
The poll aggregated the views of more than 1,200 public and private company hiring manager participants.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
Remote workers enjoy the flexibility. In-person employees love they’ve got the office to themselves. But there is a risk these two types of employees will begin to resent each other, creating a corporate culture clash, labor and compliance professionals say.
The Public Company Accounting Oversight Board issued its draft five-year strategic plan for public comment. Areas of focus include enhancing audit inspections, strengthening enforcement, and more.
The Financial Accounting Standards Board’s 2021 agenda consultation report summarizes the extensive feedback FASB received when it asked stakeholders where it should focus its time and resources.
Chinese authorities banned PwC’s Chinese unit from performing audits in the country for six months, labeling the subsidiary’s flawed audit work as complicit in the failure of giant property developer Evergrande.
Erica Williams was reappointed to a second term as chair of the Public Company Accounting Oversight Board after an ambitious first three years in the role that have seen the agency work to update many of its standards deemed outdated.
Software company Autodesk said it won’t restate several years of financial statements following an audit committee investigation into potential accounting misconduct.
