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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

  • accounting and auditing
  • business and industry
  • member news
  • not-for-profit
  • practice management

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).

  • accounting and auditing
  • practice management
  • advocacy - federal
  • federal tax

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.

  • accounting and auditing
  • not-for-profit
  • advocacy - federal
  • business and industry
  • practice management

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.

  • accounting and auditing
  • practice management
  • advocacy - state