Rethink HR: Embracing AI for Better Onboarding

What’s the impact of artificial intelligence (AI) on new hire onboarding and human resources (HR) professionals? In a recent survey conducted by Paychex, 309 HR professionals and 1,003 recent hires were asked about how technology, and the use of AI impacts the hiring and onboarding process.

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Common Misconceptions in Selling a Practice

Selling an accounting practice is a once-in-a-lifetime experience for most practice owners. Because it is such a rare event, sellers need to be aware of the key misconceptions about the process.

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AICPA CEO Barry Melancon Announces Retirement

AICPA President and CEO Barry Melancon, CPA, CGMA, announced his plans to retire from his role on Dec. 31, 2024. A strong supporter of the MICPA, Barry has shared profession insights and updates with Michigan CPAs and students for roughly 30 years. Join us as we share our gratitude for Barry’s dedication to the profession and celebrate his many contributions to the success of CPAs across the country.

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Building Knowledge to Save for Retirement

The American College of Financial Services recently released its latest study on the preparedness of America’s retirees. It was not a pretty sight.

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Building a Financially Inclusive Workplace Culture

The conversation surrounding financial literacy is expanding as the overwhelming majority of workers (77%) are interested in employer provided financial wellness programs, Harvard Business Review reports.

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Protection from Financial Fraud

According to the FTC, “consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark. This marks a 14% increase over reported losses in 2022.”

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How Interest Rates Affect You as a Saver or Borrower

Changes in interest rates impact a majority of people because individuals are generally borrowers or savers. For borrowers, rising interest rates mean more discretionary income is paid to financial institutions in the form of interest expense, on short-term loans such as credit card debt.

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It’s No Joke: Loud Budgeting Takes Aim at Money Shame

Money talks, so the saying goes, but rarely is it considered appropriate to talk about money. Whether it is among friends, family or between colleagues, discussion of personal finances has long been taboo, leaving many to experience what is referred to as money shame

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Investing: What Am I Doing?

Investing is important for retirement, building wealth, and beating the corrosive effects of inflation. TikTok, YouTube, Google, and family gatherings are packed with advice on how to invest.

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Tips for Writing a Scholarship Application Letter

Not unlike a cover letter for a resume, the scholarship application letter can help set candidates apart by demonstrating both worthiness and need for the financial assistance.

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