News
CPAs at a crossroads: Real approaches to artificial intelligence
January 08, 2024
If a former firm partner turned artificial intelligence (AI) expert feels overwhelmed with the current rate of change related to generative AI (Gen AI) tools like ChatGPT, where does that leave CPAs charged with advising clients, work teams, or both?
Tips on How to Clean Up Your Digital Life
January 08, 2024
We all need a good sorting through and cleaning out once in while–that goes for both our real-world life and our digital one. While going through your house or clothes is probably a no brainer, why is it important to clean up your digital life as well? The simple answer is it can leave you vulnerable to cyberattacks that can have a serious impact on your life (or even your company’s).
Employees ‘unsure' of company ethics guidelines for AI
January 02, 2024
Emerging technologies continue to divide opinion, says a global report, with employees simultaneously seeing potential for social good and ethics missteps.
Generative AI revolution: How auditors are leading the way
November 09, 2023
Reliance on generative artificial intelligence (GenAI) in the financial reporting space is rapidly expanding, as is reliance on auditors to play a leading role in all aspects of the revolution.
Why should CPAs understand ChatGPT?
October 14, 2023
Mfon Akpan, CGMA, DBA, an assistant professor of accounting at Methodist University, and Scott Dell, CPA, DBA, an assistant professor of accounting at Francis Marion University, explain why CPAs and other professionals can be left behind professionally if they don't spend time learning about tools such as ChatGPT. They talk about productivity gains, the competitive divide that could develop, and how, in the short term, more training is needed to fully harness generative AI.
Can a Password App Make Your Life Easier and Increase Security?
January 19, 2023
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.
Connecticut CPA Magazine Excerpt: It's a Journey - Not-for-Profit Finance and Accounting Software Selection
September 21, 2022
By Jim Norton, CPA, Principal – GRF CPAs & Advisors and CTCPA Advisory Council Chair
Connecticut CPA Magazine Excerpt: Enterprise-Quality Financial Planning and Analysis with Excel: Tools to transform your Excel-based interface
July 01, 2022
By CTCPA Advisory Council Chair Jim Norton, CPA, GRF CPAs & Advisors
Connecticut CPA Magazine Excerpt - Financial Planning and Analysis Tools: Your Organization's Crystal Ball
March 28, 2022
By Jim Norton, CPA, GRF CPAs & Advisors Budgeting. Planning. Budgeting and planning. Financial planning and analysis. FP&A. Projections. Models. Forecasts. Pro formas. These are just a handful of terms that are often used interchangeably when talking about the process of analyzing an organization’s financial position. The buzz phrase that seems to resonate most with people lately is financial planning and analysis, or FP&A.