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AI in accounting and its growing role

February 21, 2025

Artificial intelligence took the business world by storm in 2024. Countless AI-driven tools that emerged during the past year are boosting efficiency in virtually every industry by automating the tasks that most often bog down business processes. Essentially, AI takes on the business world's day-to-day dirty work, delivering with more accuracy and speed than human workers are capable of providing.

  • business and industry
  • practice management
  • technology and cybersecurity

The cost of doing business: Pay increases may be muted in 2025

February 21, 2025

Boosting spending on technology remained ahead of pay increases for the second consecutive year in Gartner's annual survey of CFOs and finance leaders. And while pay increases did maintain second place in terms of planned budget boosts for 2025, the volume of those increases is forecast to tumble.

  • business and industry

March 21 BOI reporting deadline set; further delay possible

February 19, 2025

A federal district court lifted the last remaining nationwide injunction stopping beneficial ownership information (BOI) filing requirements, but the federal enforcement agency has promised at least a 30-day delay before new filings will be required.

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

CFOs look to future-proof with AI

February 13, 2025

Finance leaders have spoken to AccountingWEB about adopting AI, the importance of involving their teams early and the risk of quickly getting left behind.

  • business and industry
  • technology and cybersecurity

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.

  • business and industry

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.

  • business and industry
  • career resources

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.

  • business and industry

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).

  • business and industry
  • technology and cybersecurity

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.

  • business and industry

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.

  • business and industry
  • personal financial planning
  • practice management
  • advocacy - federal

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.

  • business and industry
  • personal financial planning
  • practice management
  • federal tax

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.

  • business and industry
  • federal tax

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.

  • business and industry
  • practice management

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.

  • business and industry
  • technology and cybersecurity

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.

  • business and industry
  • career resources

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).

  • accounting and auditing
  • business and industry
  • practice management
  • advocacy - federal
  • 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.

  • business and industry
  • technology and cybersecurity

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.

  • business and industry
  • practice management
  • advocacy - state

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.

  • accounting and auditing
  • business and industry
  • technology and cybersecurity

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.

  • business and industry
  • career resources
  • practice management