News
The Connecticut Data Privacy Act Expansion: Are You Covered?
July 22, 2026
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.
IRS raises standard mileage rates for remainder of 2026
July 15, 2026
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.
AI and cybersecurity: Same threats, faster consequences
July 14, 2026
Artificial intelligence has made phishing, fraud and deepfakes cheaper, quicker and harder to spot. With more accountants using AI tools than ever before, firms must look past the hype to tighten internal controls.
A CPA playbook to help prevent disaster fraud
July 13, 2026
Learn how to help clients unmask fraudsters who try to take advantage of the havoc that natural disasters wreak.
IRS, Security Summit launch summer series to help tax pros protect clients from identity theft
July 08, 2026
The Internal Revenue Service and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their businesses, and themselves from evolving tax-related identity theft threats.
Scam stoppers: 5 ways CPAs can help older clients fight financial fraud
July 07, 2026
Four out of five CPAs attending a recent AICPA ENGAGE session said they’ve had clients victimized by a financial scam — and one attendee admitted she also was defrauded.
Employer-employee transparency gap widens retention risks
July 06, 2026
While most employers say they don’t plan to reduce headcount this year, almost half of employees plan to find a new job in the next six months, a global report shows.
A guide to fighting AI-fueled AP/AR fraud
July 01, 2026
Widely available AI is making payment fraud easier to perpetrate and harder to detect, raising the stakes for controls, verification, and professional skepticism.
Layoffs disrupt companies’ culture for 7.2 months or longer
July 01, 2026
Remaining workers often lose confidence in leadership or become less productive.
AICPA Top Issues Survey: Firms’ focus on technology rises
June 23, 2026
Change management related to technology, including the rise of artificial intelligence (AI), ranked as CPA firms’ leading issue by expected impact in the next five years, according to the latest CPA Firm Top Issues Survey.
Younger workers chase growth, not leadership titles
June 23, 2026
Slow and steady wins the race, according to younger workers. They want to develop on their terms rather than rapidly climb the corporate ladder, a stance that challenges employers to reconsider how talent is rewarded in the workplace.
Companies save cash with AI, but less than expected
June 17, 2026
The gap between projected and actual return could widen further with increasing investments in complex new tools.
AI is eroding trust. Accounting and finance professionals can rebuild it
June 15, 2026
Finance teams are uniquely positioned to restore confidence by pairing AI tools with human judgment, stronger oversight and practical upskilling.
DOL Rescinds Biden-Era Overtime Rule Following Court Challenges: What Employers Need to Know
June 15, 2026
The U.S. Department of Labor’s (DOL’s) Wage and Hour Division announced it will rescind the Biden-era overtime rule, more than a year after federal courts vacated the rule (the “2024 Rule”). The recission formally ends the DOL’s effort to increase the salary threshold for overtime exemption eligibility under the Fair Labor Standards Act (FLSA).
Robert Half survey: Nearly half of U.S. professionals plan to look for a new job in the second half of 2026
June 15, 2026
New research from talent solutions and business consulting firm Robert Half shows that professionals are reassessing their careers, and many are preparing to make a move in the second half of 2026. A survey of more than 2,000 U.S. professionals found that 46% plan to look for a new job in the next 6 months, up from 38% in the first half of 2026 and 27% one year ago.
Can AI help accountants spot the work they should not be doing?
June 09, 2026
AI will not turn difficult clients into organised ones overnight. It will not make missing receipts appear, stop clients ignoring deadlines or remove every awkward conversation from practice life. But according to Prashant Ganti, vice president of product strategy at Zoho, that is not where AI's most immediate value lies.
U.S. Accounting Undergraduate Enrollment Continues to Outpace Growth Rate for Business Majors Overall
June 09, 2026
Accounting undergraduate enrollment in U.S. colleges and universities showed strong growth in spring 2026 and continued to eclipse the performance of business-related fields of study in aggregate, according to recent data from the National Student Clearinghouse Research Center.
AICPA and CIMA Launch Rise2040: Shaping the Future of Finance and Accounting
June 08, 2026
The Association of International Certified Professional Accountants (AICPA and CIMA) today launched Rise2040: Shaping the Future of Finance and Accounting, a global, profession-led initiative designed not simply to anticipate the future of the profession but to actively shape it.
AICPA launches national campaign championing the CPA profession
June 08, 2026
A national advertising and social media campaign will highlight CPA Trust, an AICPA initiative announced Tuesday that is focused on deepening recognition of the accounting profession’s full range and value.
The most dangerous AI is when it agrees with you
June 02, 2026
AI can speed things up for finance teams, but Kevin Phillips says teams need to keep questioning the answers rather than accepting them too quickly.