At 20-20, we often hear that accounting training is better when it is in-person. Networking opportunities and working through problems/issues with your group are common reasons many learners prefer in-person classes. However, don’t be fooled - you can do this virtually as well!
In this blog post, we will explore some reasons you should be measuring ROI for learning programs, delve into various models for evaluation, discuss challenges that make this analysis difficult, and identify cutting-edge software tools that can assist accounting firms in quantifying the impact of their training programs.
Many participants have simply never experienced an engaging, high-quality online training program. Leaders are weighing the benefits of in-person training (like networking and personal interactions) against the cost savings and convenience of virtual training, while often operating under the assumption that the training aspect of the event will automatically be better if it’s delivered in person.
“We’ve just tripled our workforce overseas” is a statement we have heard quite a few times over the past few years. The immediate challenge is providing an offshore accounting staff training program that gets this rapid influx of internationally based employees on the same page with the accounting firm’s personnel in the United States.
With so much riding on the training that a firm provides to its professionals, how can learning and development (L&D) teams make the best use of their finite time and resources?
To solve recruiting and retention challenges, firms should invest in training and knowledge growth for employees that will get them into the positions that will be most successful and fulfilling for them—and for the firm.
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