News
Could AI actually expand the global job market?
May 03, 2023
A World Economic Forum report predicts an overall decline in jobs; it also shows that artificial intelligence will create more jobs than it eliminates by 2027.
Embrace a digital mindset for the future of finance
May 03, 2023
Finance professionals who can wholly embrace digitalisation will bring new insights, drive business performance, and better adapt in a future of constant change.
Less is more when it comes to the workweek, UK research finds
May 03, 2023
A large four-day workweek trial finds that companies and employees benefited from reduced hours and some companies plan to continue with a shorter workweek.
MyCTSavings Registration Deadline Extended
May 03, 2023
If you own a business with 5 or more employees and do not offer a qualified retirement savings plan, state law requires that you provide a retirement savings option. Initial registration deadlines have passed, but you can still take action by August 31, 2023. Employers can register with MyCTSavings at no cost to the business, or provide a private retirement plan to comply with the law. Learn more and register at https://myctsavings.com/employers/program-details.
6 CFO Skills Still Needed Amid Generative AI, ChatGPT
May 01, 2023
The human element in decision-making is still necessary in the most critical parts of the job.
EV tax credits prompt confusion, but opportunities remain
April 28, 2023
The narrow requirements for qualifying for the electric vehicle tax credits under the Inflation Reduction Act are causing some consternation in the auto industry, as they only seem to apply to a limited number of models, so accountants need to advise clients carefully about new vehicle purchases.
IRS highlights information and free resources in recognition of National Small Business Week
April 28, 2023
As part of National Small Business Week, April 30 to May 6, the Internal Revenue Service is highlighting tax benefits and resources to help those looking to start a business.
65% of Execs Say Generative AI Will Have High Impact in 3-5 Years: Weekly Stat
April 26, 2023
Generative AI creates great opportunities for organizations, however, its open nature and ease of use amplifies the risk, a KPMG partner said.
Accounting and the remote world
April 26, 2023
Three years into the remote work revolution sparked by the COVID-19 pandemic, the accounting profession finds itself in the midst of a great natural experiment, as some firms seek to slow or reverse this change, while others seek to accelerate it.
Grow your firm with intention
April 26, 2023
The accounting profession moves fast, and it can feel important for firms to continuously evolve. However, the fast-moving nature of the industry makes it even more critical for firms to step back and consider their priorities. That's the message of an upcoming session at AICPA ENGAGE 2023 led by Keila Hill-Trawick, CPA, and Carrie Steffen — two business leaders who believe there's room for change at many firms.
Real Estate Rethink: How CFOs Can Tackle the Company's Footprint Problem
April 25, 2023
It’s time for finance chiefs to start evaluating their real estate through a strategic lens.
Sustainable Business: 7 Practical Ideas for CFOs
April 25, 2023
CFOs play a pivotal role in determining what sustainable business management means for their organization.
NASBA Extends CPA Exam Testing Window to 30 Months
April 24, 2023
In response to feedback submitted through the exposure draft, NASBA has announced that it will adopt an increased testing window of 30 months.
All in the Family: The Comer CPAs
April 17, 2023
Thomas Comer, CPA chuckles when he talks about his family. “I just wanted an exit strategy!” And an exit strategy he got – in spades. The managing member of Comer & Company, CPA’s, LLC currently works with his son Jonathan – also a CPA – while his wife Anne – also a CPA – works as Director of Operations with CRC Insurance Services, Inc. The couple’s eldest son, Evan, is currently a Senior Manager in KPMG’s Mergers & Acquisitions Tax practice ... and, yes, he also happens to be a CPA.
State of the CTCPA: Success Built on Member Engagement
April 17, 2023
Our organization’s strength and accomplishments are thanks to the engagement and leadership of our members. In our annual report issue, we bring you our top membership benefits, latest resources, and what’s to come.
Destiny Hartmann of FML Honored for Her Work with Domestic Violence Survivors
March 28, 2023
Destiny Hartmann, a tax supervisor at Fiondella, Milone & LaSaracina, LLP, was named to the Connecticut Coalition Against Domestic Violence's First 100 Plus Class of 2023.
Seizing the opportunity to close the skills gap
March 01, 2023
There is a widening gap between the skills employers need and those workers have, recent AICPA & CIMA research found.
Opportunity knocks for firms as ESG reporting, assurance levels rise
February 27, 2023
The percentage of large companies around the world disclosing and obtaining assurance on data related to environmental, social, and governance (ESG) is on the rise, but the percentage of assurance provided by accounting firms is heading in the opposite direction.
No Gimmicks, Just Authenticity: How To Attract Gen-Z Talent
February 24, 2023
With the smallest, most tech-focused generation ever entering the workforce, experts say changes must be made to draw Gen-Z candidates.
Katherine Patnaude Promoted to Partner at PKF O'Connor Davies
February 14, 2023
Katherine Patnaude was recently promoted to partner at the firm.