News
Accounting has a Gen Z problem. It’s time for new talent strategies
March 25, 2025
Companies can adopt practical strategies to attract younger talent to the accounting field while also introducing ways to retain current employees.
How AI is changing cybersecurity for better or worse
March 25, 2025
CFOs looking to bolster cybersecurity at their firms need to have a thorough understanding of both the benefits and disadvantages of artificial intelligence.
IRS Adds New Answers to Employee Retention Credit FAQs in Response to Practitioner Questions
March 25, 2025
The Employee Retention Credit FAQs have been update and answer a number of questions that practitioners have been asking.
The ROI of generative AI: It’s growing rapidly, CFOs say
March 21, 2025
Positivity around generative artificial intelligence (AI) has exponentially risen among CFOs at large companies over the last year, but reliance on human involvement remains crucial to success, according to a recent survey.
More than half of millennials are ‘polyworking’
March 19, 2025
Many employees approaching the height of their careers still need multiple jobs to make ends meet, a new report indicates.
Accountants must adapt or be left behind
March 12, 2025
At his session on day one of the Festival of Accounting & Bookkeeping, Richard Murphy reflected on how the profession has changed and how accountants need to move with the times.
Lawmakers reintroduce R&D expensing bill
March 12, 2025
A bipartisan group of lawmakers has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.
Less than a third of companies follow AI adoption best practices
March 12, 2025
However, larger companies with over $500 million in annual revenue are significantly more likely, according to McKinsey’s latest report.
Work from home v the office: Finding the balance
March 12, 2025
Gen Y employees typically see greater advantages in working in the office rather than at home, compared with their Gen Z colleagues.
Legislators Look To Ban Workplace Non-Disclosure Agreements
March 10, 2025
Sen. Mae Flexer and Rep. Matt Blumenthal have reintroduced legislation this year to ban the use of non-disclosure agreements in Connecticut workplaces.
With Trump tax cuts set to expire, tax pros tell businesses not to wait to develop a succession plan
March 10, 2025
There are many reasons for a business owner to develop a succession plan. It can ensure continuity and minimize disruptions, especially in the face of an unexpected death. It also can help prepare employees for future leadership roles.
Business challenges leading to burnout for many leaders
March 07, 2025
56% of leaders report burnout because of a number of internal and external factors, a new survey reveals.
With accounting profession facing staffing ‘crisis,’ lawmakers debate creating new pathways to earn CPA certification
February 26, 2025
The state legislature’s General Law Committee will conduct a public hearing Wednesday to consider a bill that would offer more flexibility for state residents to become a certified public accountant.
77% of CFOs plan to ratchet up tech spending this year
February 24, 2025
Budget hikes for technology are far higher than those for other key expense categories.
AI success starts with people, not tech
February 24, 2025
Artificial intelligence is shaking up the accounting world, but the firms thriving in this new era aren’t just embracing technology, they’re making sure their people are on board first.
Employees to leaders: More training needed in AI
February 24, 2025
86% of C-suite leaders plan to increase investment in generative AI technology this year, but the majority of employees feel unprepared for technological changes, a new survey report said.
AI in accounting and its growing role
February 21, 2025
Artificial intelligence took the business world by storm in 2024. Countless AI-driven tools that emerged during the past year are boosting efficiency in virtually every industry by automating the tasks that most often bog down business processes. Essentially, AI takes on the business world's day-to-day dirty work, delivering with more accuracy and speed than human workers are capable of providing.
The cost of doing business: Pay increases may be muted in 2025
February 21, 2025
Boosting spending on technology remained ahead of pay increases for the second consecutive year in Gartner's annual survey of CFOs and finance leaders. And while pay increases did maintain second place in terms of planned budget boosts for 2025, the volume of those increases is forecast to tumble.
March 21 BOI reporting deadline set; further delay possible
February 19, 2025
A federal district court lifted the last remaining nationwide injunction stopping beneficial ownership information (BOI) filing requirements, but the federal enforcement agency has promised at least a 30-day delay before new filings will be required.
CFOs look to future-proof with AI
February 13, 2025
Finance leaders have spoken to AccountingWEB about adopting AI, the importance of involving their teams early and the risk of quickly getting left behind.