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5 Time-saving strategies for CFOs to unlock greater potential

April 23, 2024

CFOs need to free up the time needed to ably execute on both strategic and tactical levels, according to McKinsey.

  • business and industry

Updated FAQs provide details on phase-in timing of BOI access

April 19, 2024

Updated FAQs on beneficial ownership information (BOI) from Treasury's Financial Crimes Enforcement Network (FinCEN) include details on the timing of the phase in of access to BOI under Section 6403 of the Corporate Transparency Act (CTA), P.L. 116-283.

  • business and industry
  • practice management
  • advocacy - federal
  • boi

More than 4 in 5 large companies still offer flexible work model

April 17, 2024

Headlines can leave the impression that large companies are behind the times when it comes to offering corporate employees work location flexibility, but recent research paints a different picture.

  • business and industry
  • career resources
  • practice management

68% of Gen Z workers would take an unwanted job for good pay: Report

April 15, 2024

Gen Z employees are looking for higher salaries and more work-life balance, according to new research from dcdx.

  • business and industry
  • practice management

IRS grants limited waiver for underpayment of estimated corporate AMT

April 15, 2024

The IRS has provided a limited waiver of the addition to tax under Sec. 6655 for a corporate taxpayer's failure to pay estimated income tax with respect to its Sec. 55 corporate alternative minimum tax (AMT) liability.

  • business and industry
  • practice management
  • federal tax

Stop stress in its tracks to avoid burnout

April 15, 2024

With finance named as one of the most stressful professions in the UK, Molly Macfarlane speaks to an accountant about their experience with stress and a wellbeing coach on stress management.

  • business and industry
  • career resources
  • practice management

The win-win of effective well-being initiatives: 5 steps for leaders

April 12, 2024

For business leaders, prioritizing employee well-being isn't just a good thing to do; it's a good thing for the bottom line.

  • business and industry
  • practice management

Are you and your finance team fully embracing technology?

April 11, 2024

Finance leaders can ask themselves series of questions — on strategy, collaboration, processes, and extracting insights — to be empowered with technology.

  • business and industry
  • technology and cybersecurity

CTCPA Joins AICPA, State Societies in Letter to Address 'Grave Concerns' with BOI Reporting, Request One-Year Delay

April 08, 2024

In a recent letter to the Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), the American Institute of CPAs (AICPA) and CTCPA, together with 54 state CPA societies, expressed serious concerns with the rollout and push to implement FinCEN’s Beneficial Ownership Information reporting requirement without regard for the impact to the small business community.

  • accounting and auditing
  • business and industry
  • advocacy - federal
  • boi

80% of women feel pressure to overperform at work

March 28, 2024

Caba’s recent research reveals the ongoing challenges that women face in the workplace, such as difficulty setting boundaries, reluctance to take time off and feeling pressure to overperform. Caba suggests steps that organisations should take to make the accounting profession more inclusive.

  • business and industry
  • diversity
  • practice management

Organizations moving forward with generative AI despite concerns, survey shows

March 28, 2024

Finance leaders are still concerned about the expanded use of generative AI programs, such as ChatGPT and Microsoft Copilot, but more than a quarter of them say that hasn't stopped their organizations from experimenting with the technology, according to a new AICPA & CIMA survey.

  • business and industry
  • practice management
  • technology and cybersecurity

Recruit, Engage and Retain: Create a Workplace Where Your Employees Will Thrive

March 27, 2024

The WIIFM, the age-old acronym for “What’s In it For Me,” is the mantra of today’s workforce, whether for prospective candidates or long-term employees. Firms are being pressed into looking for creative ways to attract talent and to retain that talent. And with the cost of onboarding a professional rising to the tens of thousands, firms are eager to maximize their return on investment.

  • business and industry
  • career resources
  • practice management

71% of CFOs Plan to Raise Average Pay More Than 4%: Report

March 25, 2024

With core inflation in the U.S. hovering around 3%, the smaller pay increases employers offer workers this year may still outpace inflation.

  • business and industry

Enforcement, voluntary programs yield over $1 billion from ERC claims

March 22, 2024

The IRS has identified about $1 billion in potential savings from erroneous employee retention credit (ERC) claims, with over half of that money coming from enforcement efforts and the rest from the ERC voluntary disclosure program (VDP) and claim withdrawal process, officials said Friday.

  • business and industry
  • practice management
  • advocacy - federal
  • federal tax

How finance leaders can motivate their teams (and themselves)

March 21, 2024

Experts suggest five tactics that can keep finance team members motivated, engaged, and performing well in their role.

  • business and industry
  • career resources
  • practice management

How financial services companies are responding to employee demands

March 21, 2024

If you're looking to hire in the financial services space, you can bank on one thing: The large majority of your competitors are offering candidates some form of a flexible work schedule.

  • business and industry

Crypto Fraud Losses Rose to $3.9B in 2023, a 53% YoY Increase: FBI

March 20, 2024

Americans made over 43,000 complaints to the FBI’s Internet Crime Center about potential cryptocurrency scams last year.

  • business and industry
  • practice management
  • technology and cybersecurity

Seven warning signs of incorrect Employee Retention Credit claims for businesses to review as key March 22 deadline approaches

March 20, 2024

To counter promoters that marketed misleading information about the Employee Retention Credit (ERC), the Internal Revenue Service urged businesses to review seven suspicious signs of a bad claim and see if the agency’s special programs can help them avoid future compliance issues.

  • business and industry
  • practice management
  • advocacy - federal
  • federal tax

66% of Boards Indifferent or Uninterested in Finance GenAI Adoption: Report

March 18, 2024

Boards of directors are more likely to push for GenAI implementation in areas outside finance, according to Deloitte.

  • business and industry

Finance and DEI: How CFOs Can Depoliticize and Reduce Legal Risk

March 15, 2024

Diversity, equity, and inclusion involves legal boundaries, culture, and ROI.

  • business and industry
  • diversity