News

Is it possible to get as much work done in four days as five? The answer may not be what you expect and the benefits for staff are undeniable.

The National Association of State Boards of Accountancy (NASBA) President and CEO elect Daniel J. Dustin, CPA, has selected Kent A. Absec, Brenner Allen, Esq., William A. Emmer, CPA, and Sedrik Newbern to join the leadership team at NASBA, effective August 1, 2024. These changes to leadership follow the retirement of current NASBA President and CEO Ken L. Bishop.

The are fewer CPAs, which is a problem for entrepreneurs, but while some lament the loss, others are looking to fill it.

Gen Z accountants are using the popular social media platform TikTok to gain clients and increase their brand awareness. Should you be setting up an account?

What can be done to make the finance profession more attractive to the next generation of students? AccountingWEB’s Jake Smith speaks to Cassie Petrie, MD for SMB in EMEA at SAP Concur about tackling the talent shortage and the role technology can play.

Establishing a safe and inclusive workplace for LGBTQ+ employees is an essential part of promoting a culture of respect, innovation, and productivity within an organization. Finance leaders and executives are pivotal in championing key inclusion initiatives and setting precedents within their firms.

In the midst of the generative Artificial Intelligence (AI) hype, automation often takes a backseat, with the assumption that AI will solve our problems. However, effective automation and AI implementation are impossible without proper processes, technology, and organization. Keeping this in focus, we’ll explore tools to help your firm achieve its goals and foster a healthy work-life balance for your team.

With no grand announcement, Connecticut quietly expanded employee’s paid sick time benefits. The bill greatly expands the law’s reach.

“Write a 1,200-word article regarding how CPA firms can manage risk related to the use of ChatGPT and other forms of generative AI.” This easy ChatGPT request would have resulted in the production of this month’s column in a far more expeditious manner than writing one from scratch, but would it have been as informative or accurate? ChatGPT is an example of generative artificial intelligence (AI), and its popularity has soared since its introduction to the public in November 2022. Given ChatGPT’s versatility, speed, and ability to engage in human-like conversations, it’s easy to see why.

According to the Society for Human Resource Management, 4 percent of organizations now offer unlimited paid time off. That number may continue to rise as startups and large organizations alike continue experimenting with this policy.

For Sue Coffey, questions about the talent pipeline for the accounting and finance profession have become as common as 100-degree days in Las Vegas.

See how both the Big 4 and smaller firms are utilizing AI in their workflows.

Several CTCPA members and Executive Director and CEO Bonnie Stewart were featured in this article on the change in demographics at Connecticut accounting firms.

A new quiet term, reverse mentoring, and shadow policies add to the list.

Could the new wave of artificial intelligence remove layers of associates and juniors as firms automate more ‘menial’ tasks in search of efficiencies? And what effect could this have on the accounting landscape as we know it today?

A new national survey reveals “time” is why more accounting majors and young professionals are skipping over becoming certified public accountants.

CFOs and finance leaders share their takes on whether CPA requirement changes are necessary to address talent issues within corporate finance.

CPA financial planners need to talk with high-net-worth clients now about the idea of shifting ownership of millions of dollars in assets before the estate and gift tax basic exclusion is essentially cut in half on Jan. 1, 2026, Bob Keebler, CPA/PFS, said in an AICPA Personal Financial Planning (PFP) Section webcast.

While many accountants are determined to stay as far away from artificial intelligence as possible, others have found ways to use the technology to yield tangible benefits for their firms (see "Accounting's reluctant AI revolution").

What it takes is more nuanced than simply offering more money or fewer hours.