News
Leadership on LinkedIn: Pathways and Pratfalls
June 02, 2023
With LinkedIn dominating the professional social media landscape, leaders who want to establish a brand must take heed of the pitfalls.
Can ChatGPT answer your clients' questions?
June 01, 2023
AI such as ChatGPT is changing the world as we know it. As a practitioner, can it help you better serve your clients, support your staff, and prepare you and your practice for the future? Let's first take a look at what ChatGPT is as we attempt to answer these questions. We will then provide an example of a conversation between this powerful AI chatbot and a hypothetical client and let you be the judge.
Whittlesey Named "Best Accountant or CPA" in Best of Hartford Readers' Poll
May 30, 2023
Founded in Hartford in 1961, Whittlesey is the largest Connecticut-based CPA and consulting firm. Recognized as a “Best of the Best Accounting Firm” by Inside Public Accounting, Whittlesey offers a comprehensive array of advisory, audit, client accounting services, tax, cybersecurity, and technology services to a broad range of businesses and individuals.
5 DE&I Strategies for Small Businesses
May 26, 2023
Here’s how small businesses can implement diversity, equity, and inclusion initiatives to strengthen their culture and continue to evolve.
Anthony Cirone Elected to Union Savings Bank Board
May 25, 2023
Anthony W. Cirone, Jr., CPA and managing partner of CironeFriedberg, LLP, has been elected to the Board of Trustees at Union Savings Bank, headquartered in Danbury, Conn.
4 ways CFOs can maximise the benefits of predictive analytics
May 24, 2023
Achieving maximum value from predictive analytics requires a robust strategy and a model with a human-centric design that is also appropriate to the business.
61% of Managers Say Exec Leaders Hold Them Back From Innovation: Weekly Stat
May 24, 2023
Many finance leaders have a hands-on approach to leadership, but most managers believe it impedes their ability to innovate.
Coalition Including CPAs Calls Attention to New Beneficial Ownership Information Reporting Requirements
May 22, 2023
The American Institute of CPAs (AICPA) joined a coalition of organizations who have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement. BOI is an anti-money laundering initiative enacted through the Corporate Transparency Act (CTA) in 2021, which mandates that BOI information is reported to the Financial Crimes Enforcement Network (FinCEN).
How Connecticut changed during COVID, in 10 charts
May 21, 2023
On May 10, exactly three years and two months after Gov. Ned Lamont declared a public health emergency in response to the COVID-19 pandemic, he declared it over.
AICPA releases expanded plan for addressing CPA pipeline challenges
May 17, 2023
The AICPA released an expanded plan Thursday focused on boosting the profession's talent pipeline. The detailed plan features input from a significant set of stakeholders and calls for those stakeholders to work together to increase the number of accounting graduates and the number of graduates who obtain CPA licensure.
Why private companies need a plan for ESG reporting, assurance
May 17, 2023
A midnight rummage through your refrigerator won't result in the discovery of something manufactured by Southwire alongside your favorite brand of cheese, but that cheese might not smell so appetizing without Southwire.
CTCPA's Accounting Scholarship Foundation Awards 20 Scholarships
May 15, 2023
CTCPA Announced its Accounting Scholarship Foundation's (ASF) scholarship winners and will hold a Recognition Reception for those individuals on Thursday, June 1.
Bradley Kronstat of Guilford Honored with CPA Society Leadership Award
May 12, 2023
The Connecticut Society of Certified Public Accountants (CTCPA) honored Bradley D. Kronstat, CPA of Guilford with the 2023 Jack Brooks Leadership Award recently at the CTCPA Annual Meeting.
Connecticut Society of CPAs Elects 2023-2024 Leadership
May 12, 2023
The Connecticut Society of Certified Public Accountants (CTCPA) has elected and installed its Board of Directors for the 2023-2024 activity year.
70% of Gen Z Employees Would Switch Jobs for Better Tech: Weekly Stat
May 10, 2023
CFOs who want to retain Gen Z employees — a group that will make up more than a quarter of the workforce by 2025 — should embrace technology.
A business imperative for promoting employees' mental health
May 10, 2023
A corporate leader felt strongly about addressing mental health in the workplace, so she wrote a book about it. Creating “a sense of belonging” is one first step for organisations.
Brian Desmond Faynor of Burzenski & Co., P.C. Named Certified Valuation Analyst
May 10, 2023
Brian Desmond Faynor, CPA, a Supervisor at Burzenski & Company, earned the status of Certified Valuation Analyst on April 21, 2023 from the National Association of Certified Valuators and Analysts (NACVA) ®
Create a magnetic culture at your firm
May 10, 2023
Our profession has in front of us the greatest opportunity for increased relevance and abundance that I have seen in 40 years. Demand for our services, skill sets, and leadership have never been higher. We can simply look at the growth percentages from the latest 2022 large firm reports and see that firms are growing at much faster rates due to this increased demand.
The Best Firms for Technology for 2023
May 09, 2023
Already running high amid the profession's digital transformation, interest in artificial intelligence has exploded this year, with large numbers of firms weighing its applications. Accountants who are experimenting with these AI systems are already seeing results. Some report using it for generating marketing copy or internal staff memos. Others are exploring it as a research reference. One is even planning to use it to develop training videos to speed up employee development and onboarding.
Meta says ChatGPT-related malware is on the rise
May 05, 2023
Potential abuses of generative AI technology ChatGPT are causing concern as the phenomenon is likened to cryptocurrency scams.