Accounting Top 100 Social Media Leaderboard – Feb. 15, 2023
The Accounting Top 100 social media leaderboard scores and ranks users based on five separate metrics, each of which is weighted according to its perceived value.
SMB Accounting Advisor
U.S. Companies Anticipate Increased Hiring in the First Half of 2023
58% of respondents anticipate adding new permanent roles during the first half of the year, up from 46% six months ago. Another 39% expect to hire for vacated positions.
Retail Imports Forecast to be Lowest in 3 Years
"Retailers are being cautious as they wait to see how the economy responds to efforts to bring inflation under control.”
Retail Sales Increased in January
The U.S. Census Bureau reported that overall retail sales in January were up 3% from December and up 6.4% year over year. In December, sales were down 1.1% month over month but up 5.9% year over year.
The Impact of AI on the Accounting Profession
In late 2022, a new AI tool, called ChatGPT, exploded into the marketplace. Since then, it’s been mentioned in hundreds of online articles, in chatrooms, and in the media.
Business Leaders See Next Cyber Breach Coming from the Inside
71% worry about accidental internal staff error as one of the top threats facing their companies, almost on par with concern about outside hackers (75%).
Amazon Now Taking Half of Sales Revenue from Merchants, Says Report
Amazon’s average cut of each sale surpassed 50% in 2022, according to a study by Marketplace Pulse, which sampled seller transactions going back to 2016.
Programmable Money: How Virtual Cards Are Improving T&E Management
Companies don't want every employee to have a corporate credit card. When you have plastic walking around, it can be lost, stolen, or used fraudulently.