News
NFL finance leaders’ average tenure is over 12 years
February 05, 2025
The National Football League’s finance leaders tend to stay in their positions far longer than CFOs in other industries, according to data compiled by CFO.com.
CFO Peer Audit: What does it take to be a great parent and CFO?
January 17, 2025
Finance leaders with kids share how they have been able to meet the demands of a CFO role while also being attentive to and active in their children’s lives.
5 labor trends CFOs should be aware of in 2025
January 16, 2025
CPA certification changes, return-to-office initiatives, data leveraging, workforce collaboration and a roadmap to a CEO position will likely be on CFO radars this year.
KPMG AI Quarterly Pulse Survey
January 16, 2025
The majority of respondents feel that AI will fundamentally change the nature of their business over the one-to-two-year horizon (56% in the next year and 67% in the next two years).
A CFO action plan for 2025
January 13, 2025
From growing sales to cyber risk management, these are the actions finance chiefs should consider prioritizing this year.
DOL’s ‘retirement security rule’ runs into obstacles
January 13, 2025
The U.S. Department of Labor's (DOL's) "retirement security rule" (RIN 1210-AC02), which was scheduled to take effect this past September but has been temporarily blocked by the courts, faces doubtful prospects because of court challenges and the change in presidential administration.
Proposed regulations address 401(k), 403(b) automatic enrollment requirement
January 13, 2025
Treasury and the IRS issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision that would require most newly established 401(k) and 403(b) plans to automatically enroll eligible employees beginning with the 2025 plan year.
Treasury, IRS request comments on proposed regulations and a draft form for certain corporate separations and reorganizations
January 13, 2025
The Department of the Treasury and the Internal Revenue Service today issued proposed regulations for corporate separations and reorganizations, including reporting requirements for multi-year corporate separations.
Who cares? Companies that care are better positioned with talent
January 13, 2025
Gallup research recently found that half of U.S. employees report that they're thriving in their lives at work and at home, but the findings shouldn't be construed as a case of the glass being half full.
Ransomware threat: Finance’s 4-part defense role
January 10, 2025
Finance leaders have a multifaceted role in building and funding cyber defences, including creating and testing an incident response plan.
5 essential skills redefining finance in the digital age
January 06, 2025
Forward-thinking CFOs should focus on these essential skills to build a future-proof, high-performing finance team.
DOJ asks Supreme Court to block injunction on BOI reporting
January 03, 2025
The Justice Department (DOJ) filed an emergency application with the Supreme Court asking it to stay the district court injunction that is preventing the government from enforcing the Corporate Transparency Act and its requirements to report beneficial ownership information (BOI).
5 cybersecurity threats CFOs should look out for
January 02, 2025
Here are the most prominent and potentially damaging threats businesses face and how CFOs can prepare to mitigate them.
Major Changes to Connecticut Paid Sick Leave Begin January 1, 2025
January 01, 2025
The new Connecticut Paid Sick Leave Act is shaking things up significantly. If you’re an employer in Connecticut, here’s what you need to know – including a few potential pitfalls to avoid.
Connecticut CPA Magazine Excerpt: Finance Transformation - Fostering greater efficiency, higher quality, and stronger controls
December 23, 2024
Finance transformation has taken accounting departments by storm in the past decade as more and more organizations are asked to do more with less – but it isn’t always easy to know where to start on the finance transformation journey. There are specific actions you can take to move forward in terms of people, process, and technology to create efficiencies, reduce cost, and improve employee morale all while maintaining proper controls.
Burnout: What athletes can teach companies about performance, sustainability
December 20, 2024
A wellbeing expert explains the lessons business leaders can learn from athletes and highlights the importance of open conversations around mental health.
How CFOs can navigate DEI, its pullback and any legal repercussions in 2025
December 20, 2024
As companies pull back their DEI policies, thought leaders on all sides of the political and legal spectrum are advising CFOs to review their DEI policies for potential legal risks.
Only 9% of finance leaders are using generative AI tools
December 16, 2024
Organizations are adopting AI tools at a lower rate than many may have expected.
FinCEN: Companies can voluntarily file BOI reports during injunction
December 11, 2024
Reporting companies may continue to voluntarily file beneficial ownership information (BOI) reports while the Corporate Transparency Act (CTA), P.L. 116-283, is on hold, the Financial Crimes Enforcement Network (FinCEN) said in an alert this week.
Gravitating to gen AI: CPA leaders show increased interest
December 11, 2024
Interest in the implementation of generative artificial intelligence tools has risen among CPA decision-makers in business and industry over the last year, a steady progression that could signal rapid change on the horizon.