News
Senate Bill Would Force Large Private Companies to Register with SEC
September 27, 2022
Sen. Jack Reed of Rhode Island and two other Senate Democrats have filed legislation that would establish new SEC registration triggers for certain large private companies.
Connecticut CPA Magazine Excerpt: Integrating ESG Into Your Business Strategy
September 21, 2022
By Timothy P. Hedley, PhD, CPA, CFF, CFE, Executive in Residence – Fordham University, CTCPA Chair-elect, and ESG Committee Chair
Certain tax services do not violate US ban on provision of accounting services in relation to Russia sanctions
June 10, 2022
A U.S. accounting firm is not prohibited by a White House executive order regarding U.S. sanctions against Russia from providing tax advisory and preparation services to the U.S. subsidiary of a Russian company in certain scenarios, according to guidance issued Thursday by Treasury's Office of Foreign Assets Control (OFAC).
Connecticut CPA Magazine Excerpt - The FASB and the GASB: Meet the New Chairs
January 06, 2022
Meet Joel Black, Chair of the Governmental Accounting Standards Board and Richard Jones, Chair of the Financial Accounting Standards Board.
New Record Retention Requirements for Connecticut CPAs
August 18, 2021
The bill requires CPAs to keep work product and workpaper related to work for a client for at least seven years after creation unless the law requires a longer retention. Current law only specifies that CPAs must retain workpaper as required by law.