CPA firms and accounting leaders face a big recruiting and retention challenge thanks to the radical shift to remote and hybrid work and to what has been termed the Great Resignation. How can they attract and retain top accounting talent when the compact between employer and employee has fundamentally shifted?
Client advisory services (CAS) is one of the fastest-growing practice areas in the accountancy profession, with consistent double-digit revenue growth in recent years. However, a CAS practice functions differently than the traditional compliance-based practice and can't be built or managed the same way. That means CAS practice leaders may encounter challenges when trying to grow a successful practice within a traditional full-service firm.
Legislature adopts revised payment schedule Monday.
Generational differences, stress, and company culture are impacting the C-Suite, data shows.
New research highlights the growing costs and broad ramifications of poor cybersecurity.
The Internal Revenue Service today encouraged taxpayers to take simple steps before the end of the year to make filing their 2022 federal tax return easier. With a little advance preparation, a preview of tax changes and convenient online tools, taxpayers can approach the upcoming tax season with confidence.
Once slow to let go of office space, management teams are being pushed along by macroeconomic conditions.
Treasury issued proposed regulations (REG-112096-22) relating to the foreign tax credit (FTC) on Friday, including revisions to the reattribution asset rule for purposes of allocating and apportioning foreign taxes, the cost recovery requirement, and the application of the source-based attribution requirement to withholding tax on royalty payments.
Report shows debt from retirement benefit, bonding programs down more than 7%, with more to come off books soon
Increased funding will bring long-denied and long-needed "modernized, resilient and secure" operations to the Internal Revenue Service, according to the 2022 annual report from the IRS Advisory Council.
After a long day of meetings in a tree house conference room or phone calls from a privacy pod, workers might want to head to the gym, hit a few golf balls, join colleagues for happy hour or find respite by a cozy, quiet fireplace.
Here’s a closer look at how technology can help finance teams reimagine their workflows.
The PCAOB has issued proposed new standards for quality control (QC) systems and opened the 394-page document for public comment.
Connecticut lawmakers plan to meet for a special session after Thanksgiving to commit more funding to an energy assistance program, increase bonuses for some essential workers and extend breaks on bus fares and the gas tax, House Speaker Matt Ritter said Friday.
The IRS needs to build trust with members of Congress and speak more plainly with taxpayers in order to capitalize on the modernization that's expected of the agency, an advisory panel said in a report issued Wednesday.
As Eversource asked for a big rate increase, Lamont underscored the need for more assistance to consumers
Given recurring revenue's predictability, it can help businesses weather the storm during economic uncertainty.
S&P Global Ratings upgraded Connecticut’s general obligation bonds from A+ to AA-. At the same time it upgraded Connecticut’s special tax obligation bonds for transportation from AA- to AA and the University of Connecticut bonds from A+ to AA-.
While demand for workforce talent remains strong, employers are being more selective in a challenging economic environment. So, how do those seeking the right talent and those seeking the perfect job improve their chances of making wise selections?
As the person in charge of the financial and accounting functions of their organization, the corporate controller must constantly keep up with professional standards, changes in federal regulations, and developing policies such as ESG reporting and DEI initiatives.