News

An uptick in confidence in the second quarter can’t disguise the overall dark mood.

A new exclusive Intuit survey provided to CFO.com found most finance leaders lack a single source of truth, even as the concept remains debated among experts.

Top 10 accounting firm Grant Thornton is acquiring fellow top 10 firm CBIZ to form a firm that’s outsized only by the Big Four in terms of U.S. revenue.

The Financial Crimes Enforcement Network (FinCEN) should soon finalize its interim rule restricting beneficial ownership information (BOI) reporting requirements to foreign companies, the head of the agency told Congress.

The gap between deployment of artificial intelligence (AI) tools in cybersecurity and confidence in those tools is widening as organizations struggle to establish governance for effective implementation, a global survey shows.

Finance leaders focused only on cost savings risk missing AI’s most promising opportunities: revenue growth, strategic advantage and long-term enterprise value.

With technological change influencing where employees work, companies are signing fewer long-term leases.

On the gubernatorial debate stage in New Haven on Wednesday night, Hamden State Rep. Josh Elliott accused two-term incumbent Gov. Ned Lamont of being “too afraid of the federal government” and of not doing enough to keep immigration enforcement agents out of Connecticut.

The New Haven branch of Beers, Hamerman, Cohen & Burger, P.C. recently moved to North Haven. The new address is 127 Washington Avenue, East Building, 4th Floor, North Haven, Connecticut 06473.

Citing the increase in the cost of fuel, the IRS has set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for the remainder of 2026.

Nominate her for a CTCPA Women’s Award or feature her in the Hartford Business Journal’s Notable Women in Accounting Special Issue.

Connecticut has enacted significant amendments to the Connecticut Data Privacy Act (CTDPA), expanding its scope and introducing new compliance obligations for businesses that collect, use, share, or sell personal information. Now, many businesses, including employers that may not think of themselves as “data companies,” could have new compliance obligations.

For a month each summer, sole practitioner Erica Goode, CPA, goes on a “social media detox” for her mental health.

From AI-washing to friendshoring, these are the terms CFOs are likely to hear in upcoming conversations with team members, sales representatives, fellow executives and human resources.

With Connecticut’s automatic renewal law in effect as of July 1, consumers have new rights regarding automatically renewing subscriptions or memberships. These amendments to Connecticut’s existing “click to cancel” statute require covered businesses to provide annual renewal reminders, expand consumers’ cancelation options, and promptly honor cancelation requests, Attorney General William Tong said Thursday at a media briefing in Hartford.

‘We’re always going to have that human oversight,’ Gov. Ned Lamont pledged.

From not having an AI policy or not sharing it with employees to incomplete or ambiguous accountability structures, there are basic mistakes business leaders should avoid.

Companies that formally track AI-related ROI and are assurance-ready report the greatest improvement, according to a recent KPMG survey.

Study panel aims to wrap work by late September.

The Board of Trustees of the Financial Accounting Foundation (FAF) announced today that it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council (FASAC) for an initial one-year term beginning January 1, 2027. The FASAC is the primary advisory body to the Financial Accounting Standards Board (FASB).