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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 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, 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) ®

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.

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.

Potential abuses of generative AI technology ChatGPT are causing concern as the phenomenon is likened to cryptocurrency scams.

Cost vs. culture. CFOs must consider how in-person work still benefits their organizations — but at a price.

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.

Finance professionals who can wholly embrace digitalisation will bring new insights, drive business performance, and better adapt in a future of constant change.

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.

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.

The human element in decision-making is still necessary in the most critical parts of the job.

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.

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.

Generative AI creates great opportunities for organizations, however, its open nature and ease of use amplifies the risk, a KPMG partner said.

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.

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.

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.

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.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, elected Andrew Sciarra to its partnership in the Hartford Office, effective February 1, 2023. “As CohnReznick continues to expand its capabilities and market presence, recognizing the talents and achievements of outstanding professionals is critical to our growth strategy,” said David Kessler, CEO of CohnReznick. “Our newly promoted partners will serve as key leaders across our industries and service lines – each having demonstrated a strong commitment to our clients, our people, and our communities. Our 19 new partners represent the future of CohnReznick and will play a critical role in helping to advance our clients’ goals, and our own, for many years to come.”