Accounting and finance professionals are feeling the pressure of heavy workloads, according to a new
Accountemps survey. Thirty-five percent of chief financial officers (CFOs) interviewed said heavy workloads are the number-one workplace concern for their financial teams. Coming in second was job security, with 19%.
The survey was developed by Accountemps, the world's first and largest specialized staffing service for temporary accounting, finance, and bookkeeping professionals, and conducted by an independent research firm. It was based on telephone interviews with more than 1400 CFOs across the United States.
Executives were asked: Which one of the following do you think is the greatest source of work-related concerns for finance and accounting professionals?
Their responses:
- Heavy workloads - 35%
- Job security - 19%
- Corporate governance mandates/compliance issues - 17%
- Personnel issues (coworker conflicts, office politics) - 14%
- Work/life balance issues - 11%
- None of these - 2%
- Other/Don't Know - 2%
"The combination of compliance mandates, traditional projects and shifting priorities has challenged accounting and finance professionals to keep up with their growing workloads," said Max Messmer, chairman and CEO of Robert Half International and author of "Human Resources Kit for Dummies: Second Edition." "The problem is further compounded by a shortage of highly skilled candidates in many specialties."
Heavy workloads are a growing challenge for financial professionals, especially those in CPA finance, where accuracy and compliance are critical. Long hours, tight deadlines, and complex regulations create stress, impacting productivity and decision-making. Accountants and financial analysts juggle tax filings, audits, and financial planning, often facing burnout during peak seasons. To manage workload effectively, firms implement automation, delegation, and time management strategies. Prioritizing mental well-being and work-life balance is essential for maintaining efficiency. Despite the challenges, professionals in CPA finance play a crucial role in ensuring businesses remain financially stable while navigating ever-changing economic and tax landscapes.
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