News

ChatGPT is the latest in a very long line of artificial intelligence (AI) advancements to result in much scaremongering.

Framing conversations, using emotional intelligence, and bringing in a mediator if needed can help resolve business workplace conflict.

Thanks to the hoopla surrounding ChatGPT and other generative artificial intelligence (AI) tools, private and public investors are caught up in a funding frenzy recently characterised by the FT as “the latest Californian gold rush”.

With LinkedIn dominating the professional social media landscape, leaders who want to establish a brand must take heed of the pitfalls.

Here’s how small businesses can implement diversity, equity, and inclusion initiatives to strengthen their culture and continue to evolve.

Many finance leaders have a hands-on approach to leadership, but most managers believe it impedes their ability to innovate.

The American Institute of CPAs (AICPA) joined a coalition of organizations who have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement. BOI is an anti-money laundering initiative enacted through the Corporate Transparency Act (CTA) in 2021, which mandates that BOI information is reported to the Financial Crimes Enforcement Network (FinCEN).

On May 10, exactly three years and two months after Gov. Ned Lamont declared a public health emergency in response to the COVID-19 pandemic, he declared it over.

A midnight rummage through your refrigerator won't result in the discovery of something manufactured by Southwire alongside your favorite brand of cheese, but that cheese might not smell so appetizing without Southwire.

CFOs who want to retain Gen Z employees — a group that will make up more than a quarter of the workforce by 2025 — should embrace technology.

A corporate leader felt strongly about addressing mental health in the workplace, so she wrote a book about it. Creating “a sense of belonging” is one first step for organisations.

Our profession has in front of us the greatest opportunity for increased relevance and abundance that I have seen in 40 years. Demand for our services, skill sets, and leadership have never been higher. We can simply look at the growth percentages from the latest 2022 large firm reports and see that firms are growing at much faster rates due to this increased demand.

Already running high amid the profession's digital transformation, interest in artificial intelligence has exploded this year, with large numbers of firms weighing its applications. Accountants who are experimenting with these AI systems are already seeing results. Some report using it for generating marketing copy or internal staff memos. Others are exploring it as a research reference. One is even planning to use it to develop training videos to speed up employee development and onboarding.

Potential abuses of generative AI technology ChatGPT are causing concern as the phenomenon is likened to cryptocurrency scams.

Cost vs. culture. CFOs must consider how in-person work still benefits their organizations — but at a price.

A World Economic Forum report predicts an overall decline in jobs; it also shows that artificial intelligence will create more jobs than it eliminates by 2027.

A large four-day workweek trial finds that companies and employees benefited from reduced hours and some companies plan to continue with a shorter workweek.

When CTCPA member Destiny Hartmann says that the organization has changed her career trajectory, she’s not exaggerating. As a junior at Eastern Connecticut State University, Destiny volunteered to contact local CPA firms to try to get firms to come to the Eastern career fairs and talk with students.

By Timothy P. Hedley, PhD, CPA, CFF, CFE, Executive in Residence – Fordham University, CTCPA Chair-elect, and ESG Committee Chair

By Jim Norton, CPA, Principal – GRF CPAs & Advisors and CTCPA Advisory Council Chair