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Views of Generation X and Y in Public Accounting Firms

Views of Generation X and Y in Public Accounting Firms PDF Author: Judy Marie Mason
Publisher:
ISBN:
Category : Accountants
Languages : en
Pages : 222

Book Description
It is essential for professional accounting firms to understand and adapt to changes over time and shifts in employment contract thinking. Sociological and demographical changes are having the most obvious and critical impacts on the accounting industry. It is essential for business success and sustainability to develop an astute understanding of human traits, attitudes shifts, social trends and the perceptions of our youngest employees. Research can provide better understanding of the younger generations of employees in the work place. The purpose of the paper is to provide more resources for employers to use in developing the next generation of accounting professionals and leaders. Most accounting firms employ Generation X (born between 1965 and 1980 approx.) and Generation Y (born between 1981 and 2000 approx.). Employers are living in the reality of recruiting and retaining these two distinct cohorts. This requires an understanding of each distinctive generation and their overall values, attitudes and expectations. Currently there are limited reports or studies directed towards public practice in relation to these generations' cohorts. The intention of the research is to understand the current environment of public practice by exploring satisfaction, commitment, and intention to remain factors relevant to recruiting, retaining and developing generation X and Y students and designated accounts (CA's, CPA's), primarily in British Columbia. The relevancy of this research is due to several factors: aging partners and managers, shifting numbers of entrants to the profession and a booming economy in British Columbia that is predicted to remain strong up to 2010. Subsequently a survey was developed to explore factors important to Generation X and Y pertaining to satisfaction, commitment, and intention to remain, and the effects of these factors on recruiting, retaining and developing generation X and Y professionals in public practice. In a survey of 162 Generation X and Y respondents of which 149 completed the questionnaire, respondents participated from Canada, Europe (England, Scotland, Ireland and France), Australia and the United States through two organizations (Ran One and ROCG Americas). The inclusion of respondents from several countries was intended to predicted similar trends in various countries. However, due to the scope of the project and minimal responses they were amalgamated into one group. This study found that most factors important to the universal groups known as Generation X and Y are also important to accountants. There were some interesting variances, such as perceptions on pay ranked less important than the literature generally suggests. The study also concluded that prestige is not important to either cohort and is a consideration for accounting firms when recruiting Generation X and Y or in identifying future leaders. It is hopeful that the study provided young professionals with a voice and employers with a tool box of resources to enhance the employment contract and to promote higher levels of intention to remain by Generation X and Y.

Views of Generation X and Y in Public Accounting Firms

Views of Generation X and Y in Public Accounting Firms PDF Author: Judy Marie Mason
Publisher:
ISBN:
Category : Accountants
Languages : en
Pages : 222

Book Description
It is essential for professional accounting firms to understand and adapt to changes over time and shifts in employment contract thinking. Sociological and demographical changes are having the most obvious and critical impacts on the accounting industry. It is essential for business success and sustainability to develop an astute understanding of human traits, attitudes shifts, social trends and the perceptions of our youngest employees. Research can provide better understanding of the younger generations of employees in the work place. The purpose of the paper is to provide more resources for employers to use in developing the next generation of accounting professionals and leaders. Most accounting firms employ Generation X (born between 1965 and 1980 approx.) and Generation Y (born between 1981 and 2000 approx.). Employers are living in the reality of recruiting and retaining these two distinct cohorts. This requires an understanding of each distinctive generation and their overall values, attitudes and expectations. Currently there are limited reports or studies directed towards public practice in relation to these generations' cohorts. The intention of the research is to understand the current environment of public practice by exploring satisfaction, commitment, and intention to remain factors relevant to recruiting, retaining and developing generation X and Y students and designated accounts (CA's, CPA's), primarily in British Columbia. The relevancy of this research is due to several factors: aging partners and managers, shifting numbers of entrants to the profession and a booming economy in British Columbia that is predicted to remain strong up to 2010. Subsequently a survey was developed to explore factors important to Generation X and Y pertaining to satisfaction, commitment, and intention to remain, and the effects of these factors on recruiting, retaining and developing generation X and Y professionals in public practice. In a survey of 162 Generation X and Y respondents of which 149 completed the questionnaire, respondents participated from Canada, Europe (England, Scotland, Ireland and France), Australia and the United States through two organizations (Ran One and ROCG Americas). The inclusion of respondents from several countries was intended to predicted similar trends in various countries. However, due to the scope of the project and minimal responses they were amalgamated into one group. This study found that most factors important to the universal groups known as Generation X and Y are also important to accountants. There were some interesting variances, such as perceptions on pay ranked less important than the literature generally suggests. The study also concluded that prestige is not important to either cohort and is a consideration for accounting firms when recruiting Generation X and Y or in identifying future leaders. It is hopeful that the study provided young professionals with a voice and employers with a tool box of resources to enhance the employment contract and to promote higher levels of intention to remain by Generation X and Y.

The Future of Audit

The Future of Audit PDF Author: Keith A. Houghton
Publisher: ANU E Press
ISBN: 192166651X
Category : Business & Economics
Languages : en
Pages : 773

Book Description
At a time when increased independence requirements for auditors, legal backing for auditing standards, and increased audit documentation requirements have occurred, this book examines key issues in the market for audit services in Australia. It investigates issues including: the understandability of audit and the state of the audit expectations gap; auditors' business acumen and industry expertise; the auditors' use of materiality; whether or not the increasingly prescriptive nature of auditing is creating a distraction from the 'real' audit task and stifling auditors' judgement; whether or not CLERP 9 reforms involving audit partner rotation and restrictions on non-audit service provision are efficient and effective and reactions to the increasing scrutiny of auditors and audit firms by regulators. With its thorough coverage of contemporary issues, this book intersperses the authors' summaries, interpretations and recommendations with the perceptions, expressed in their own words in order to faithfully convey their candid assessments, of users of audit reports, purchasers and suppliers of the audit product, auditing standard setters and regulators of the audit market.

Inside Public Accounting

Inside Public Accounting PDF Author:
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 236

Book Description


Managing Generation Y

Managing Generation Y PDF Author: Bruce Tulgan
Publisher: Human Resource Development
ISBN: 0874256224
Category : Business & Economics
Languages : en
Pages : 122

Book Description
They thrive on challenging work and creative expression, love freedom and flexibility, and hate micromanagement. They are fiercely loyal to managers that are knowledgeable, caring coaches that can mentor them to achieve their goals. What does Gen Y expect from you? Ongoing research indicates that the fourteenth generation has expectations of their bosses such as: Provide challenging work that matters Balance clearly delegated assignments with the freedom and flexibility to produce results in their own way Reward accomplishments with increased responsibility Provide ongoing training and learning opportunities Establish mentoring relationships Managing Genertion Y is for those who want to become the employer of choice for the next cohort of young adults. Discover the Gen Y traits that pose the greatest challenges to managers as well as the best practices you can implement now to keep these upbeat, techno-savvy workers focused and motivated.

Being in Generation X and Becoming Generation Y, The "Millennials"

Being in Generation X and Becoming Generation Y, The Author: Raymond W. Empereur
Publisher: Infinity Publishing (PA)
ISBN: 9781495810305
Category : Self-Help
Languages : en
Pages : 180

Book Description
Being in Generation X and Becoming Generation Y is a new self-help book for and about Generations X and Y, the "Millennials." Gen Xers are adults that followed the Baby Boomers and were born from 1965 to 1884, and their kids, the Millennials, were born from 1985 to 2004. In 15 chapters, and just under 180 pages, the author covers a wide variety of topics of importance to the future well-being and success of people in both generations. We define the generations and offer important information on financial planning and many of the very issues that these generations struggle with and face every day.

Generation X, Y and the Baby Boomers

Generation X, Y and the Baby Boomers PDF Author: Olivia R. James
Publisher: Nova Science Publishers
ISBN: 9781536120479
Category : Business & Economics
Languages : en
Pages : 91

Book Description
To aid with a serious shortage of empirical studies on generational human resource management (HRM) preferences, Chapter One aims to add to the discussion in two ways. Firstly, by providing an extensive theoretical systematization of HRM practices which are likely to be the most effective for achieving high performance from the two prevailing generations in the contemporary workforce (Xers and Yers), and secondly by exposing empirical evidence from a comprehensive study on the topic. Chapter Two explores the engagement levels of Generation X and Y HR practitioners in South Africa. However, reference was also be made to the Baby Boomers in order to indicate the cross-impact among the three cohorts. Shifting to a focus on health between generations, Chapter Three covers the use of online health resources and levels of eHealth literacy among random samples of 996 Baby Boomers from the US, UK, and New Zealand (NZ). In conclusion, Chapter Four argues that in order to have sound mental health, a baby boomer will need to develop ways of challenging the brain and protecting short term and long term memory by regular brain activity and social interactions. Every individual is different but the general guiding principles can be personalized for each individual and practiced as a routine in daily life.

Generation X

Generation X PDF Author: Susan Mitchell
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 288

Book Description
The federal government's detailed demographic data, once widely available to all in printed reports, are now accessible only on web sites, where the data you want are buried in enormous spreadsheets, or by calling the appropriate government agency witha specific request. New Strategist's books make the job easy for researchers. While most of the data in "Generation X: The Young Adult Market" were produced by the government, the tables published in the book are not line-by-line reprints of the government's tabulations. Each table was individually compiled and created by the author, with calculations performed by her to reveal the trends. Each table tells a story about young Americans, a story explained by the accompanying text, which analyzes the data and highlights future trends. This book is part of the American Generations Series, which includes Wise Up to Teens, The Mid-Youth Market: Baby Boomers in Their Peak Earning and Spending Years, and Americans 55 and Older: A Changing Market.

Business Chemistry

Business Chemistry PDF Author: Kim Christfort
Publisher: John Wiley & Sons
ISBN: 1119501563
Category : Business & Economics
Languages : en
Pages : 311

Book Description
A guide to putting cognitive diversity to work Ever wonder what it is that makes two people click or clash? Or why some groups excel while others fumble? Or how you, as a leader, can make or break team potential? Business Chemistry holds the answers. Based on extensive research and analytics, plus years of proven success in the field, the Business Chemistry framework provides a simple yet powerful way to identify meaningful differences between people’s working styles. Who seeks possibilities and who seeks stability? Who values challenge and who values connection? Business Chemistry will help you grasp where others are coming from, appreciate the value they bring, and determine what they need in order to excel. It offers practical ways to be more effective as an individual and as a leader. Imagine you had a more in-depth understanding of yourself and why you thrive in some work environments and flounder in others. Suppose you had a clearer view on what to do about it so that you could always perform at your best. Imagine you had more insight into what makes people tick and what ticks them off, how some interactions unlock potential while others shut people down. Suppose you could gain people’s trust, influence them, motivate them, and get the very most out of your work relationships. Imagine you knew how to create a work environment where all types of people excel, even if they have conflicting perspectives, preferences and needs. Suppose you could activate the potential benefits of diversity on your teams and in your organizations, improving collaboration to achieve the group’s collective potential. Business Chemistry offers all of this--you don’t have to leave it up to chance, and you shouldn’t. Let this book guide you in creating great chemistry!

Generations

Generations PDF Author: Neil Howe
Publisher: Harper Collins
ISBN: 0688119123
Category : History
Languages : en
Pages : 548

Book Description
Hailed by national leaders as politically diverse as former Vice President Al Gore and former House Speaker Newt Gingrich, Generations has been heralded by reviewers as a brilliant, if somewhat unsettling, reassessment of where America is heading. William Strauss and Neil Howe posit the history of America as a succession of generational biographies, beginning in 1584 and encompassing every-one through the children of today. Their bold theory is that each generation belongs to one of four types, and that these types repeat sequentially in a fixed pattern. The vision of Generations allows us to plot a recurring cycle in American history -- a cycle of spiritual awakenings and secular crises -- from the founding colonists through the present day and well into this millenium. Generations is at once a refreshing historical narrative and a thrilling intuitive leap that reorders not only our history books but also our expectations for the twenty-first century.

BRW.

BRW. PDF Author:
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 990

Book Description