How To Save The Accounting Profession

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Pilot blames accountants for Southwest Airlines meltdown; AICPA defends the 150-hour rule; Blake's solution to save accounting; SEC "wary" of crypto exploiting accounting firms.

Get your weekly roundup of accounting and bookkeeping news with episode 312 of The Cloud Accounting Podcast!

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  1. The Accounting Podcast
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Комментарии
Автор

Absolutely. It should actually be illegal not to pay overtime. Firms purposely pay just above the states minimum salary where they don’t have to pay overtime

CPATuttle
Автор

Most corporations have a busy season all year long because they operate short-staffed. The busy season is a fallacy. What we need is to not exempt managers and salaried workers from overtime because corporations abuse it.

joeatch
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Unfortunately the top 100 accounting firms are only concerned with seeing next quarter growth which this does not accommodate for. It’s therefore a non starter argument. Businesses like these are incapable of caring about long term sustainability past the current fiscal year.

timadkins