News

The accounting industry has been embroiled in a war for talent for many years. Our industry is facing new seismic shifts from labor shortages, declining accounting program enrollments, the lowest CPA exam rates in history, the Great Resignation, new employee requirements, and the fact that people are still moving around the country.

The BORGIDA CARES! Team participated in the American Cancer Society’s (ACS) Daffodil Days and sold luminarias, homemade paper lanterns – decorated with the names of loved ones. Each Luminaria is in honor or remembrance of a life touched by cancer, accompanied by a moment of silence for those lost. The team also held a “Toast for a Cure” fundraising event at a local brewery, Labyrinth Brewing Company in Manchester, CT. Pictures from the events can be found on the Borgida & Company website.

When it comes time to transition into leadership, there is often no instruction manual. Instead, you learn as you go. Here are some tips for new managers to keep in mind.

This spring, 27 Connecticut residents graduated from the 2022 Connecticut Professionals’ Leadership Academy, a program designed to strengthen leadership skills, develop and build relationships, and create a collaborative professional services community. This landmark program brings together professionals from various industries and backgrounds, including accounting and finance, law, insurance and architecture.

ESG is not new. Business and government leaders have been discussing corporate social responsibility for decades. But the heightened turbulence of the last two years has ignited a sharper focus on environmental, social and governance matters that’s shaking up every organization and industry around the world — and presenting significant opportunities for the accounting and finance profession.

In our hustle culture today, setting the boundary between work and life has been increasingly challenging. However, our guest in this episode says, you don’t need to be superhuman! Don’t be so hard on yourself. Amy Vetter interviews the CEO of the Connecticut Society of CPAs, Bonnie Stewart. Together, they discuss the impact Bonnie’s father, family, and Executive Coach had on her development as a leader and advocate. She then shares insights on how acknowledging your limitations, setting boundaries, and prioritizing can make a much more balanced and fulfilling life. You can still be good at everything and still have balance if you stop being so hard on yourself. Don’t miss out!

By CTCPA Advisory Council Chair Jim Norton, CPA, GRF CPAs & Advisors

By CTCPA Chair Michael Maksymiw Jr., CPA, Aprio Firm Foundation

William (“Bill”) Alvarez, Jr., was recently appointed as an Executive Member of the Latino Corporate Directors Association.

Despite the differences between state and federal cannabis laws, "cannabusinesses" are at the expanding forefront of a $25 billion industry with enormous potential.

Financial planning is often mentioned as an advisory service accounting professionals should offer clients. However, additional licensing is usually an issue for CPAs. You may be wondering what services you can offer and how it fits in as a billable business service. Here, expert Bryce Sanders discusses the types of planning you'll be able to help your clients with.

It is not news to CPAs and their firms that the profession began undergoing an enormous consolidation a few years ago, which is expected to accelerate over the next several years.

Ryan C. Sheppard, CPA, CFF was named a Fairfield Man of Influence in the June issue of Fairfield Lifestyle.

A Deloitte survey finds that C-suite leaders are beginning to take wellbeing more seriously, and that could serve everyone well – including leaders themselves.

Over 90 Whittlesey team members across Connecticut and Western Massachusetts celebrated Community Day, an annual day of service representing the firm’s year-round commitment to giving back to local communities. For the past twelve years, hundreds of Whittlesey volunteers have put aside their daily work to partake in various projects ranging from painting classrooms to building homes.

The Accounting Scholarship Foundation of the Connecticut Society of Certified Public Accountants (CTCPA) presented more than $45,000 in scholarships at the CTCPA Recognition Reception held recently at the Wallingford Country Club.

We know what you’re thinking: Can a simple client conversation really save my firm? It can and Jetpack Workflow CEO David Cristello tells you why it matters, what you can learn, and how to maximize the experience for your benefit and your theirs.

A U.S. accounting firm is not prohibited by a White House executive order regarding U.S. sanctions against Russia from providing tax advisory and preparation services to the U.S. subsidiary of a Russian company in certain scenarios, according to guidance issued Thursday by Treasury's Office of Foreign Assets Control (OFAC).

Finance will have to learn to trust technology more and obsess over data accuracy less, say Gartner analysts.

The latest annual Deloitte Gen Z and Millennial survey rates cost of living, climate change, and work/life balance among younger workers’ top concerns.