News
Video Replay for CTCPA Town Hall Meeting: An ESG/Sustainability Update - September 18, 2024
September 19, 2024
Sustainability is rapidly becoming a business requirement – yet so many companies are still dragging their feet. Immediate Past CTCPA Chair Timothy Hedley, PhD, CPA, CFF, CFE, a Fordham University adjunct professor responsible for the college’s ESG literacy programs and initiatives, joins us to share why companies need to care about ESG.
Regulating AI: The digital can of worms is open
September 18, 2024
The new EU Artificial Intelligence Act raises many questions and should put AI on every business’s agenda sooner rather than later.
Setting workable AI policies for your team
September 17, 2024
With IT security and data protection being such important factors, accountants and bookkeepers need to ensure they have considered how they set rules and guidelines for themselves and their teams.
More organizations are turning to AI in the finance function
September 16, 2024
Adoption of finance AI — artificial intelligence that aids in the finance function — is on the rise.
Use of Standard Terms and Conditions Can Help Build Engagement Letter Consistency
September 16, 2024
Imagine that a claim has been brought against your firm and you are sitting on the witness stand defending the firm's services. Your confidence is bolstered by detailed engagement letters used for each service that was delivered to the client by the firm. Yet doubt creeps into your mind as you remember your client's comments.
65% of CFOs are under pressure to accelerate ROI from tech investments
September 12, 2024
Leadership’s patience around getting returns on technology investments is thinning, according to new data from IBM.
Decline in economic and organizational optimism among CPA leaders
September 04, 2024
CPA leaders' optimism about the U.S. economy and their own organizations has trended downward in a quarterly survey since hitting peaks in the second quarter of 2021. While there have been rebounds, recent survey results reveal another decline in optimism for both.
3 trends reshaping CFO recruitment
September 03, 2024
Finance leaders looking to position themselves for success in today’s job market should understand and adapt to these hiring trends.
Sustainable services: CPAs positioned for burst in opportunities
September 03, 2024
At first glance, it might appear that the growing number of regulations related to sustainability will affect only the largest CPA firms.
FinCEN final rule lessens impact on small registered investment advisers
August 30, 2024
Treasury's Financial Crimes Enforcement Network (FinCEN) issued a final rule that brings certain investment advisers within the standards of FinCEN's anti-money-laundering and countering-the-financing-of-terrorism (AML/CFT) programs.
78% of business leaders expect ROI on generative AI investments in 1 to 3 years
August 28, 2024
As the cost-benefits of generative AI for businesses come into question, new data from KPMG suggest the largest companies have a timeline to ROI.
IRS reminder: Employer educational assistance programs can still be used to help pay off workers’ student loans through Dec. 31, 2025
August 28, 2024
The Internal Revenue Service today issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loan obligations through Dec. 31, 2025.
The role of managing age diversity in the workplace
August 28, 2024
Organisations should consider addressing management practices and age-inclusion policies to retain talent across generations.
5 things I wish I knew as a CFO before starting a digital transformation
August 23, 2024
Brian May, CFO of food service company Nicholas and Company, offers a unique CFO perspective on the lessons he learned during a major digital overhaul.
CFO opportunities on the rise: Key trends for aspiring leaders
August 22, 2024
Increased turnover, driven by a trend toward shorter tenures, is creating more opportunities for aspiring leaders to step into CFO roles at public companies, and women are filling those roles at an elevated level.
CFO opportunities on the rise: Key trends for aspiring leaders
August 22, 2024
Increased turnover, driven by a trend toward shorter tenures, is creating more opportunities for aspiring leaders to step into CFO roles at public companies, and women are filling those roles at an elevated level.
Connecticut Expands Paid Sick Leave Law in 2025 but Limits Employers’ Control over How it is Used
August 22, 2024
On May 28, 2024, Governor Ned Lamont signed legislation expanding Connecticut’s 2011 Sick Leave Law. The new legislation is effective on January 1st, 2025. The law covers more employees, expands the reasons under which employees may use paid sick leave, and reduces the required hours to accrue paid sick leave.
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.
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.
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.