Future-Ready Firm and Accounting Department

Employees who feel trusted by their employers feel empowered to do their best work. Improved employee output can, in turn, fuel consumer trust.

The burden of choice is very real for accounting firms these days. From the constant stream of new technologies and the proliferation of new firm models, to the emerging demand for services in CAS, ESG, cannabis and beyond, one of the most critical choices firm leaders can make is which to pursue, and which to ignore.

The American Institute of CPAs' Crystal Cooke talks about why the perception that companies are scaling back their diversity efforts is wrong, and how accounting can move forward in its pursuit of diversity, equity and inclusion.

As winter fades into the spring, optimism is on the rise — 43% of finance executives share a sunnier outlook on the U.S. economy, according to the latest quarterly survey released by AICPA & CIMA.

The Department of Labor has announced a six-factor test for determining whether a worker is an independent contractor or an employee under the Fair Labor Standards Act. This new rule takes effect on March 11, 2024.

On March 1, 2024, Judge Liles Burke of the U.S. District Court in Huntsville, Alabama, held that the Corporate Transparency Act — and the beneficial ownership information reporting mandate it includes — is unconstitutional, because it exceeds the powers granted to Congress by the Constitution.

The Financial Crimes Enforcement Network (FinCEN) should pause all enforcement of the Corporate Transparency Act (CTA), P.L. 116-283, and its required beneficial ownership information (BOI) reporting until a legal challenge works its way through the courts, plaintiffs who won the first round of the case said Tuesday.

The National Pipeline Advisory Group (NPAG) on Thursday opened the response period for its national pipeline survey and its survey for college students, which will shape profession-wide efforts to address the accounting talent shortage.

A SoFi survey indicates stress over personal finances may affect employee productivity, and HR may be underestimating the consequences.