Staffing

According to the Federal Reserve Bank of New York, the average reservation wage is up from about $72,900 a year ago.

A global accounting industry survey of more than 6,000 accountants and auditors conducted earlier this year revealed the No. 1 challenge respondents currently face is attracting and retaining skilled talent.

The agency has increased its full-time staff to nearly 90,000, a level not seen in more than 10 years, Commissioner Danny Werfel said.

Professionals on the Move is a round-up of recent promotions and staffing announcements around the profession.

With small steps in every company size or budget, we can create a better workplace environment that promotes trust, respect, understanding, empathy, collaboration and prosperity.

Building an inclusive workplace helps to create a more cohesive and productive team, establish and maintain high morale, and sets up the firm for long-term growth and success.

Connecting with students before they reach college is just one of the many ways accounting firms will have to revitalize their recruiting approach.

The advisory group began meeting this month and will report on its progress at the AICPA’s Fall Council meeting in October.