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Federal Judge Blocks FTC Noncompete Ban

August 22, 2024

A federal judge in Texas issued a permanent injunction against the Federal Trade Commission’s ban on noncompete agreements Aug. 20, two weeks before the controversial regulation’s effective date.

  • business and industry
  • practice management
  • advocacy - federal

A short history of AI in accounting

August 20, 2024

As artificial intelligence quietly transforms the accounting industry, we look at how it has evolved and the changes it has brought to everyday tasks, with this feature forming part of our special editorial report on the subject, in association with Sage.

  • business and industry
  • practice management
  • technology and cybersecurity

Gen AI could save companies money, improve customer relations

August 14, 2024

C-suite leaders in a global survey say generative AI has influenced their business models, improved customer relationships, and cut business costs.

  • business and industry
  • technology and cybersecurity

Many companies clueless about payment fraud, report claims

August 12, 2024

Half of surveyed organizations don’t know how often they’re hit by fraudulent payment schemes or what the cost is.

  • business and industry
  • practice management
  • technology and cybersecurity

Upcoming CT DRS Connecticut Real Estate Conveyance Tax Return - myCTREC (Form OP-236) Webinar

August 01, 2024

The Connecticut Department of Revenue Services will be hosting a virtual webinar on Wednesday, Sept 4, 2024, at 10:00 a.m. to provide a Connecticut Real Estate Conveyance Tax Return (myCTREC – Form OP-236) Tax Overview. Representatives from the Department will give a presentation about Connecticut’s myCTREC and answer frequently asked questions. Please submit any myCTREC questions with the registration form by Wednesday August 28, 2024.

  • business and industry
  • state tax
  • advocacy - state

Pipeline plan of action: Read the Accounting Talent Strategy Report

July 31, 2024

The National Pipeline Advisory Group (NPAG) published a report Wednesday a year in the making, calling for a professionwide effort aimed at bolstering the supply of accounting talent.

  • business and industry
  • practice management
  • pipeline

IRS shares more warning signs of incorrect claims for the Employee Retention Credit; urges businesses to proactively resolve erroneous claims to avoid penalties, interest, audit

July 26, 2024

As the Internal Revenue Service intensifies work on the Employee Retention Credit, the agency today shared five new warning signs being seen on incorrect claims by businesses.

  • business and industry
  • practice management
  • advocacy - federal
  • federal tax

Curbing burnout: Advice for making sure you switch off from work

July 24, 2024

A clinical psychologist and leadership coach introduces tactics and mindsets to help leaders and professionals avoid burning out at work.

  • business and industry
  • career resources

Only 1% of CFOs have automated over three quarters of their financial processes: report

July 24, 2024

Although lots of resources and hype have gone towards digital transformations, few have used the technology to overhaul finance yet, according to McKinsey.

  • business and industry
  • technology and cybersecurity

FinCEN estimates millions of hours will be spent seeking BOI access

July 22, 2024

Entities seeking access to beneficial ownership information (BOI) will spend over 8.7 million hours filling out paperwork in the first year and over 3.6 million in the second year, the Financial Crimes Enforcement Network (FinCEN) said in an estimate Monday.

  • business and industry
  • practice management
  • boi

Forget the great resignation, we're now in our big stay era

July 20, 2024

As the adage goes, the grass isn't always greener. This rings true for American workers who have started shunning the idea of the Great Resignation, AKA leaving their jobs in droves, in favor of remaining in their current roles.

  • business and industry
  • career resources
  • practice management

Can ‘less is more’ apply to the working week?

July 18, 2024

Is it possible to get as much work done in four days as five? The answer may not be what you expect and the benefits for staff are undeniable.

  • business and industry
  • career resources
  • practice management

NASBA CEO Elect Daniel Dustin Appoints Four to Leadership Team

July 18, 2024

The National Association of State Boards of Accountancy (NASBA) President and CEO elect Daniel J. Dustin, CPA, has selected Kent A. Absec, Brenner Allen, Esq., William A. Emmer, CPA, and Sedrik Newbern to join the leadership team at NASBA, effective August 1, 2024. These changes to leadership follow the retirement of current NASBA President and CEO Ken L. Bishop.

  • accounting and auditing
  • business and industry
  • practice management
  • advocacy - federal

72% of CFOs got a raise in 2023: report

July 17, 2024

That’s much more than the 50% of CEOs who said the same, according to new data from Compensation Advisory Partners.

  • business and industry

90% of CFOs say ESG issues will be a major focus over the next 5 years

July 17, 2024

A large majority of finance chiefs say they feel the heat on sustainability issues from multiple stakeholder groups.

  • accounting and auditing
  • business and industry

How the Accountant Shortage Is Rippling Through the Startup World

July 17, 2024

The are fewer CPAs, which is a problem for entrepreneurs, but while some lament the loss, others are looking to fill it.

  • business and industry
  • practice management
  • pipeline

Bridging the finance talent gap with AI technology

July 10, 2024

What can be done to make the finance profession more attractive to the next generation of students? AccountingWEB’s Jake Smith speaks to Cassie Petrie, MD for SMB in EMEA at SAP Concur about tackling the talent shortage and the role technology can play.

  • business and industry
  • career resources
  • practice management

5 ways to support LGBTQ+ employees

June 26, 2024

Establishing a safe and inclusive workplace for LGBTQ+ employees is an essential part of promoting a culture of respect, innovation, and productivity within an organization. Finance leaders and executives are pivotal in championing key inclusion initiatives and setting precedents within their firms.

  • business and industry
  • diversity
  • practice management

Connecticut Dramatically Expands Paid Sick Leave Law

June 25, 2024

With no grand announcement, Connecticut quietly expanded employee’s paid sick time benefits. The bill greatly expands the law’s reach.

  • business and industry
  • career resources
  • practice management
  • advocacy - state

Engaging with Pride all year round

June 24, 2024

Molly Macfarlane talks to Kevin Drew, managing director of Ascentant Accountancy, about his firm’s ongoing support for the LGBTQ+ community and the importance of sustained support beyond Pride Month.

  • business and industry
  • practice management