News

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.

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.

There is a widening gap between the skills employers need and those workers have, recent AICPA & CIMA research found.

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.

With the smallest, most tech-focused generation ever entering the workforce, experts say changes must be made to draw Gen-Z candidates.

Katherine Patnaude was recently promoted to partner at the firm.

Outsourcing is a hot topic right now for the profession as CPA firms struggle with staffing constraints. Current challenges associated with firms attracting and retaining talent are expansive and include issues such as staffing qualified professionals for complex engagements, employee burnout, unrealistic and “heavy” workloads, as well as limitations on the ability to maintain and foster high-touch client relationships.

Across the board, stakeholders charged with promoting and protecting the accounting profession are searching for solutions to a talent acquisition issue that isn't unique to the profession.

Women and racial and ethnic minorities continue their rise to executive roles, although the percentages remain low. The percentage of CFOs who are women hit an all-time high last year, and the number of female CFOs has almost doubled over the past 10 years, according to the Crist Kolder Volatility Report.

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.”

In the field of cybersecurity, most things we do to increase security have an equally significant “opposite” effect on productivity. Simply put, they make your life harder.

Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. They're conducting "stay" or "retention" interviews with existing employees. The goal is to understand how they can be a more attractive workplace and reduce employee turnover — a top issue for many public accounting firms.

The Partners of Glastonbury accounting firm Nicola, Yester & Company, P.C. are pleased to announce a number of promotions.

Fiondella, Milone & LaSaracina, LLP (FML CPAs) has completed a merger with Bregman & Company, PC, bringing together two of Connecticut’s most well-established independent accounting firms. Following the merger, Bregman & Company, P.C., which has offices in Stamford and Avon, will operate as a division of FML.

Stacy Farber was unanimously voted in as a Managing Director at UHY LLP. Stacy joined UHY in June of 2020 and has been promoted twice during this time, now at the highest ranking position.

Sara DeSmith has headed PwC's Sustainability Assurance practice for eight years now, a tenure that takes her back to a time when many finance executives potentially in her purview didn't know what ESG stood for.

The IRS collected a single-year record of $4.9 trillion of total tax revenue from return filings in fiscal year 2022, the Treasury Inspector General for Tax Administration (TIGTA) said in a report on IRS compliance activities.

The Connecticut Society of CPAs (CTCPA) will honor eight outstanding women at the CTCPA Women’s Awards event on January 18 at the TPC River Highlands. The program recognizes excellence in leadership and management in the accounting profession.

Alina is an Audit & Assurance Senior Manager at Deloitte & Touche LLP (“Deloitte”), with more than 11 years of experience serving large public and private clients within Deloitte’s financial services group in Connecticut. She specializes in the banking and capital markets and investment management industries. In addition, she is active in many other activities such as facilitating technical trainings, serving as a coach to several mentees, and co-chairing Deloitte’s Talent Advisory Council in Stamford.