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The capacity crunch: Better ways to hire now

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Accounting firms have a “massive opportunity to modernize how [they] attract and retain talent,” according to Ashley Nash, director of partner firm recruiting at Top 50 Firm Ascend, a sentiment echoed by other accounting firms making the best of a much-discussed, volatile talent market. 

A cross-section of accounting firms share how they are honing their recruitment techniques in the face of a talent pipeline that has shrunk in recent years — and also been diverted into targeting candidates with alternate college majors or areas of expertise.

“The accounting industry is at a turning point,” Nash said, sharing her perspective in her role with the Arlington, Virginia-based firm and the firms on its private equity-backed platform. “A growing talent shortage — especially at the manager and senior manager levels — is putting pressure on firms to rethink how they attract and retain top talent. The challenge isn’t just volume; it’s about finding professionals who are technically excellent and who can also be future leaders within their firms.”

Hiring strategies

Aprio, a private equity-funded and Atlanta-based Top 25 Firm, has made its own adjustments to meet its hiring needs.

“We are focused on consistency in how we evaluate candidates, using tools like behavioral assessments and clear feedback loops to guide better hiring decisions,” explained chief human resources officer Larry Sheftel. “We aim to create a hiring experience that reflects Aprio’s innovative, people-first, and growth-oriented values.”

Ascend seeks assistance from other industries to improve hiring techniques.

“A key part of our approach is bringing in experienced professional recruiters from outside the accounting industry — experts who focus exclusively on talent acquisition and bring fresh perspectives to sourcing, hiring and candidate engagement,” Nash said. 

It’s not only the hiring process that can benefit from outsiders — firms are increasingly hiring non-CPA candidates to both remedy the pipeline issue and stay competitive. 

“The scale of, the need for complexity, the need for quote unquote accounting firms to solve more varied issues and problems for clients, it’s evolved to accounting firms being more than accounting firms, they’re accounting firms, and IT firms, business advisory firms,” said Ty Beasley, chief talent officer at Top Five Firm RSM, identifying himself as among the non-CPAs.

“We understand it’s not just finding people to solve accounting problems, or just through the four-year degree systems,” he continued. “We’ve opened up our talent attraction pipeline to other avenues” which Beasley listed as including community colleges and trade schools. 

Yellow chair standing out from the crowd. Business concept. 3D rendering

Tucson, Arizona-based Regional Leader BeachFleischman is finding success hiring more project managers, coming from a range of nonaccounting backgrounds. 

“It was a role created to do front legwork of the collection of documents,” explained learning and organizational development manager Cheryl Hutchins. “They’re talking to clients upfront to get their information in and organized; different from last year in getting all that organized before the tax return is logged, and working with managers on due dates, what is missing — it’s been insanely successful.”

The firm started with one or two project managers and is now up to five with plans to add more, and “recruiting from different majors, probably business majors,” Hutchins said. BeachFleischman also recently created an innovation department with an innovation principal and client experience manager, and is recruiting for a data expert that will also target talent beyond CPA license-holders.

Firms are also looking for talent at various experience levels, though Ascend is concentrating on a few in particular, said Nash: “We support hiring across the full career life cycle, from early-career associates to executive leadership. However, the majority of our work is concentrated at the experienced associate through senior manager levels, where we see the greatest need and the most immediate impact.”

Meanwhile, at BeachFleischman, internships are a “huge recruiting source,” according to Hutchins.

“It’s ideal if we have interns who know from being here that they like public accounting, they like BeachFleischman, they like tax, audit or whatever they are doing. … We know they do good work and have been exposed to the processes and people,” she shared. “In recruiting, we’re really digging in, showing BeachFleischman upfront, and how do we, whether in the recruiting sphere or internships, show what makes BeachFleischman cool. We’re different than a Big Four firm, than a really small firm. They can see the clients we work with, sit down with the CEO — we’re planning fireside chats. We frontload that experience, and [show] it’s a good fit for a certain person.”

Nash would agree that differentiation is very important in today’s job market, where firms need to send a clear message of what they can offer.

“It’s an increasingly candidate-driven market, and firms can no longer rely on traditional recruiting approaches,” Nash said. “Candidates want transparency, speed and a clear path for growth — and they’re willing to move for it. The firms that are succeeding are those that lead with clarity, flexibility and culture. Our job is to help our firms become employers of choice in this new landscape — through thoughtful storytelling, streamlined processes and a commitment to candidate experience.”

Effective onboarding

Though recruiting can feel like even more than half the battle in today’s job market, all-important retention starts with a welcoming and supportive environment for new hires. At Elk Grove Village, Illinois-based Regional Leader Porte Brown, it also means a smooth transition for entry-level staff.

“It is common for us to make employment offers up to 18 months before a candidate graduates college,” reported Adam Hoffman, chief human resources officer. “It is important for us to maintain communication with these candidates to keep them informed and excited about their future career. When a new employee starts at Porte Brown, we provide them with upwards of 200 hours of training and give them the opportunity to explore opportunities within the firm, including tax, audit, accounting and various other services we provide.”

“As we grow, we know our hiring process needs to effectively link between hiring and long-term talent development,” shared Aprio’s Sheftel. “Just as important as making the right hire is ensuring that new team members are positioned for success. We place greater emphasis on onboarding, early engagement and role-specific training to help new hires feel connected and supported from day one.”

“Once the technical infrastructure is in place, our learning and development team leads a thorough introduction to the firm — highlighting our rich history, distinctive culture and forward-looking strategic vision,” Sheftel continued. “To further support a seamless transition, each new team member is thoughtfully paired with a peer buddy, fostering early connections and providing meaningful guidance throughout the acclimation process during the new hire’s first eight weeks.”

The development goes both ways, Sheftel explained, with Aprio fine-tuning its own approach to shaping the next generation. 

“Our L&D team is intentional about continuous improvement. They issue a survey to each new hire after their first eight weeks to learn what worked well and where opportunities exist to enhance our programming. We also benchmark the results with Gartner’s global onboarding data. We are proud to say that new hires rate our onboarding program favorably, 11 points higher than Gartner’s U.S. benchmark.”

Mentorship and training are key to long-term success, as Ascend has found in guiding the firms on its platform.

“Over the last year, we’ve worked closely with our firms to bring more structure and intentionality to their development efforts — starting with transparency,” said Stefany Sandoval, Ascend’s head of professional development. “We’ve helped create clear outcomes, activities and KPIs for each role, more consistent onboarding, and more thoughtful performance reviews. We’ve supported firms in implementing a new management structure — one that ensures every employee has a leader accountable not only for their output, but for their career development. And we’ve doubled down on upskilling those people managers, so they have the tools to lead with clarity, empathy and accountability.”

Porte Brown also stressed the importance of mentorship.

“New hires at Porte Brown are assigned a manager that coaches them on best practices and technical skills within their role,” Hoffman said. “They are assigned a mentor that helps them get acclimated to the work environment and act as another point of contact for any questions. The training department plays a vital role in teaching them everything they need to know for their career and reviews their work.”

Firms are finding that their youngest members have unique challenges.

“We also continue to see the lingering effects of the pandemic on early career talent, particularly among students who began college during COVID,” explained Sheftel. “Limited in-person learning and remote experiences have impacted the development of foundational professional and communication skills, which presents a challenge as they transition into the workplace.”

The generation also has specific needs. “We’re navigating a generational shift where the next wave of talent is seeking more than just stability — they want flexibility, purpose, growth and strong leadership,” Nash said. “Firms are competing for a shrinking pool of experienced professionals, and at the same time, battling outdated perceptions of the industry. Repositioning accounting as a dynamic, fulfilling career path isn’t just an opportunity — it’s a necessity.”

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Accounting

AI-Driven Automation and Continuous Accounting Frameworks

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The accounting profession is undergoing a fundamental structural transition as enterprise finance departments shift from periodic month-end closes toward automated continuous accounting models. By integrating specialized machine learning algorithms directly into enterprise resource planning (ERP) platforms, chief accounting officers are transforming financial reporting from a retrospective exercise into a real-time operational asset.

The Shift from Periodic Close to Continuous Financial Reporting
Traditional accounting workflows heavily relied on manual data reconciliation, spreadsheet calculations, and multi-week closing cycles at the end of each fiscal period. In contrast, continuous accounting frameworks utilize automated software agents to process, validate, and post transactional data in real time as business activities occur.

Automated bank reconciliation tools cross-reference incoming bank feeds, invoice records, and purchase orders automatically. By resolving transactional variances instantly throughout the month, corporate accounting teams eliminate the traditional workload spikes associated with quarterly and annual closes.

Machine Learning in Audit Trails and Anomaly Detection
Advanced natural language processing (NLP) and machine learning tools are redefining internal audit and financial control environments. Automated systems analyze 100% of general ledger entries, identifying anomalous transactions, duplicate payments, and unauthorized journal entries in real time.

Rather than relying on random statistical sampling, corporate internal auditors can focus their attention on high-risk flags automatically surfaced by algorithmic monitoring platforms. This continuous risk assessment strengthens internal controls over financial reporting (ICFR) and significantly reduces fraud risk.

Evolving Roles for Accounting Professionals
As routine data entry and manual reconciliation tasks become fully automated, the skill set required for accounting professionals is shifting toward data analysis, system design, and strategic business advisory.
– Systems Governance: Accountants are increasingly responsible for monitoring algorithmic accuracy and managing data integration pipelines.
– Business Partnership: Finance professionals leverage real-time financial dashboards to advise operational leaders on margin management and working capital allocation.
– Regulatory Compliance Management: Accounting teams utilize automated platforms to ensure compliance with dynamic tax codes and international accounting standards.

Core Implementation Recommendations
1. Deploy Automated Reconciliation Tools: Integrate continuous transaction processing modules into existing enterprise ERP architectures.
2. Establish Algorithmic Governance Controls: Implement strict internal testing protocols to ensure automated accounting rules comply with GAAP/IFRS standards.
3. Reskill Accounting Teams: Invest in training finance staff on data analytics, workflow automation, and predictive financial modeling.

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Accounting

Global ESG Reporting Standards and Double Materiality Compliance

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Corporate accounting departments face expanding reporting expectations as international sustainability disclosure standards achieve regulatory enforcement across major global jurisdictions. Chief Accounting Officers (CAOs) and corporate controllers are establishing rigorous internal accounting controls to treat Environmental, Social, and Governance (ESG) metrics with the same data precision, auditability, and governance as traditional financial statements.

Regulatory Harmonization Under Global Sustainability Frameworks
The implementation of standardized sustainability reporting frameworks—notably rules established by international sustainability accounting boards—has created unified expectations for public and large private enterprises. Corporations must report standardized metrics covering greenhouse gas emissions (Scope 1, 2, and material Scope 3), energy utilization, workforce demographics, and supply chain governance.

In Europe and other participating international jurisdictions, double materiality principles are mandatory. Under double materiality, organizations must report both how external sustainability risks impact corporate financial performance, and how internal corporate operations affect surrounding environmental and social structures.

Integrating Sustainability Metrics into Core ERP Systems
To provide auditable non-financial data, enterprise organizations are integrating specialized carbon accounting and ESG management platforms directly into core ERP systems. Automated data collectors capture energy utility invoices, logistics fuel consumption metrics, and vendor compliance records in real time.

Establishing automated, traceable data pipelines ensures that non-financial reporting is supported by clear audit trails. This structured approach allows external financial auditors to provide reasonable assurance on sustainability disclosures during annual corporate reporting cycles.

Financial Impacts and Capital Market Disclosure
Accurate ESG reporting directly influences corporate cost of capital and institutional credit ratings. Commercial lenders and institutional asset managers systematically incorporate sustainability metrics into risk pricing models. Companies that demonstrate transparent, verifiable progress in operational energy efficiency and climate risk mitigation benefit from expanded access to green bond markets and lower debt pricing.

Action Steps for Accounting Leadership
1. Implement Double Materiality Frameworks: Conduct comprehensive assessments to identify material financial and operational sustainability metrics.
2. Build Auditable Non-Financial Data Pipelines: Automate ESG data collection within core accounting software to ensure data integrity.
3. Align Sustainability with Annual Financial Filings: Prepare non-financial disclosures concurrently with financial statements to satisfy regulatory audit expectations.

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Accounting

Modernizing Internal Controls: Machine Learning and Continuous Monitoring in Auditing

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Internal audit departments and corporate risk managers are modernizing internal control frameworks by shifting from periodic sampling techniques to continuous monitoring and machine learning analytics. As operational data volumes increase across enterprise organizations, automated control testing ensures financial integrity, prevents corporate fraud, and streamlines annual audit engagements.

The Limitation of Periodic Audit Sampling
Historically, internal and external auditors evaluated internal controls by reviewing random samples of financial transactions—often analyzing less than five percent of total ledger entries. In complex enterprise environments, periodic sampling methods carry inherent risks of overlooking localized financial misstatements, unauthorized disbursements, or operational control breakdowns.

In 2026, progressive internal audit functions are utilizing automated continuous monitoring platforms that evaluate one hundred percent of financial transactions in real time. Continuous control auditing systems continuously monitor general ledger entries, procurement approvals, and expense reimbursements across all operating subsidiaries.

AI-Powered Fraud Detection and Anomaly Identification
Machine learning models trained on historical corporate financial data excel at identifying subtle transactional anomalies that indicate potential fraud or operational error. Automated systems instantly flag duplicate invoice payments, unapproved vendor creation, unusual journal entry timing, and unauthorized override of authority thresholds.

When an anomaly is detected, the automated auditing platform generates an instant risk alert, allowing internal audit teams to investigate root causes immediately. Early detection prevents minor operational errors from escalating into material weaknesses in financial reporting.

Streamlining External Audit Preparation
Continuous internal control monitoring delivers significant benefits during annual external financial audits. External audit firms can review continuous audit logs and automated control testing documentation, reducing the time required for manual field testing.

This integrated approach lowers overall audit compliance fees, reduces administrative burdens on corporate accounting staff, and provides senior management and audit committees with real-time visibility into the organization’s overall risk profile.

Core Implementation Guidelines
1. Transition to 100% Data Testing: Replace legacy sampling methods with automated continuous audit monitoring systems.
2. Deploy Anomaly Detection Algorithms: Implement machine learning models to identify unauthorized transactions and operational control overrides.
3. Align Internal and External Audit Workflows: Coordinate continuous control testing protocols with external auditors to optimize annual compliance cycles.

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