Small Business May 17, 2023
New Home Construction Increased in April
U.S. housing starts increased in April, adding to evidence that residential real estate is gradually recovering after a yearlong slump.
Small Business May 16, 2023
Retail Sales Rose in April as Consumers ‘Remained Engaged’
The U.S. Census Bureau has announced that overall retail sales in April were up 0.4% from March and up 1.6% year over year. In March, sales were down 0.7% month over month but up 2.4% year over year.
Payroll May 16, 2023
Single Women More Likely to Buy a Home than Single Men
Whether young professionals, widowed boomers or divorce escapees, single women are a disproportionately large part of homebuying pool nationally.
Accounting May 16, 2023
Banks Face Increased Regulatory Oversight
U.S. regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly overhaul rules to blunt turmoil that’s already collapsed four mid-sized lenders.
Payroll May 15, 2023
Job Satisfaction in U.S. Hits All-Time High
62.3 percent of US workers were satisfied in 2022—up from 60.2 percent in 2021. That’s the highest level recorded since the survey began in 1987. Satisfaction has now surged for two consecutive years.
Accounting May 15, 2023
SEC Ramped Up Enforcement for Accounting and Auditing in FY 2022
The SEC disclosed 68 accounting and auditing enforcement actions in FY 2022, up 55% from the previous fiscal year.
Accounting May 15, 2023
Illinois CPA Society Honors 2023 Women to Watch Award Recipients
Each year, Women to Watch Awards are presented in two categories, Emerging Leader and Experienced Leader.
Small Business May 12, 2023
Financial Leaders Investing in Analytics, AI and Machine Learning Tools
Trends in the survey foreshadow an increased usage of analytic technology that improves productivity and supports more agile decision-making across the enterprise.
Accounting May 12, 2023
Survey Shows Drop in Consumer Trust in Banks
Opinions on financial institutions acting “honestly and ethically” shifted among those with different racial backgrounds in the two polls.
Firm Management May 12, 2023
How Offshoring Has Moved Far Beyond Bookkeeping
As client needs continue to evolve and expand, businesses will expect their accounting and advisory firms to have the answers and necessary skills to meet those needs.
Accounting May 12, 2023
Expensify Expands Employee Reimbursements Globally
Businesses simply link their local bank account and pay employees at any time. Expensify will handle the rest.
May 12, 2023
Massachusetts Society of CPAs Awards 51 Scholarships
MassCPAs also hosted its second Virtual 5K Walk/Run Fundraiser in April, raising an additional $1,297 to help fund scholarships for accounting students in Massachusetts.