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Leaders who will not sacrifice efficiency today for greater innovation tomorrow may lose their competitive edge, according to a new report.

Programs will responsibly enable non-profits to do more good with the latest AI technologies and help equip the future workforces with critical AI skills.

At the June 6 Recognition Reception, Educators of Excellence ("Eddys") awards were handed out to Michele Ganon of Western Connecticut State University and, posthumously, to the family of longtime University of Connecticut professor and CTCPA past president Larry Gramling.

In May, CTCPA Executive Director Bonnie Stewart headed to Orlando, FL with AICPA Council members Katherine Patnaude of PKF O’Connor Davies and Amber Moore of Goldblatt Bokoff for the spring AICPA Council. Katherine and Amber had a front row seat to the profession, gleaning insight on where we stand today

The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some victims waiting nearly two years.

Conversations about the General Assembly’s imminent special session loomed after the State Bond Commission meeting Friday, with Gov. Ned Lamont laying out his priorities for the opportunity to address some leftover issues.

According to the Society for Human Resource Management, 4 percent of organizations now offer unlimited paid time off. That number may continue to rise as startups and large organizations alike continue experimenting with this policy.

The IRS now has enough money that it can hire more experienced workers to audit both companies and individuals, and it does not have to pick and choose among whom to audit, a managing director at Grant Thornton told attendees at AICPA & CIMA ENGAGE 2024 in Las Vegas.

Finding qualified staff is the most pressing concern of accounting firms except sole practitioners, according to survey results released by the AICPA's firm practice management section. Sole practitioners who participated in the biennial Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey chose "keeping up with the changes and complexity of tax laws" as their top challenge.

Nearly $700 million in temporary funds prop up finances in 2024-25 fiscal year.

In recent years, the global workforce has witnessed a significant shift toward remote work and the rise of digital nomads — individuals who work entirely over the internet while traveling and have no fixed place of business. As many countries are recognizing this growing trend, the solution — the digital nomad visa — is increasing in popularity. The visa, offered under varying names, is currently available in more than 70 countries.

On second thought, call it the Great Regret. Workers who quit their job during the Great Resignation are significantly less satisfied than their colleagues who stayed, according to a new survey by The Conference Board. Their overall job satisfaction is down 5.6 percentage points.

Solving accounting's pipeline problem will require effort from everyone in the profession, according to members of the National Pipeline Advisory Group — particularly employers.

For Sue Coffey, questions about the talent pipeline for the accounting and finance profession have become as common as 100-degree days in Las Vegas.

The Internal Revenue Service's plans to expand the Direct File free tax program nationwide next year could meet an early demise if Republicans gain control of Congress and the White House.

See how both the Big 4 and smaller firms are utilizing AI in their workflows.

MahoneySabol announced the appointment of Corey Veneziano as a Partner in the firm’s tax department. With almost 20 years of comprehensive experience in providing accounting and tax services across various industries to closely held businesses along with their owners, Corey brings a wealth of expertise and a strong commitment to client care in his new role.

Barely half of companies even have a clear AI strategy, a new report claims.

Poor work ethic, few practical skills, and pro-Palestine protest participation are all factors, according to new data.

GASB issued guidance aimed at improving the blueprint for government financial reports that it established a quarter-century ago.