News

The Internal Revenue Service’s Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts to expand online tools and improve user experiences.

To celebrate International Week of Happiness at Work, AccountingWEB spoke to firms to find out what they do to keep their employees cheerful.

Data privacy and FP&A top CFOs’ priorities for the coming year, according to a new survey report from Protiviti.

Sustainability is rapidly becoming a business requirement – yet so many companies are still dragging their feet. Immediate Past CTCPA Chair Timothy Hedley, PhD, CPA, CFF, CFE, a Fordham University adjunct professor responsible for the college’s ESG literacy programs and initiatives, joins us to share why companies need to care about ESG.

The new EU Artificial Intelligence Act raises many questions and should put AI on every business’s agenda sooner rather than later.

With IT security and data protection being such important factors, accountants and bookkeepers need to ensure they have considered how they set rules and guidelines for themselves and their teams.

Adoption of finance AI — artificial intelligence that aids in the finance function — is on the rise.

Imagine that a claim has been brought against your firm and you are sitting on the witness stand defending the firm's services. Your confidence is bolstered by detailed engagement letters used for each service that was delivered to the client by the firm. Yet doubt creeps into your mind as you remember your client's comments.

Leadership’s patience around getting returns on technology investments is thinning, according to new data from IBM.

CPA leaders' optimism about the U.S. economy and their own organizations has trended downward in a quarterly survey since hitting peaks in the second quarter of 2021. While there have been rebounds, recent survey results reveal another decline in optimism for both.

Finance leaders looking to position themselves for success in today’s job market should understand and adapt to these hiring trends.

At first glance, it might appear that the growing number of regulations related to sustainability will affect only the largest CPA firms.

The Internal Revenue Service today issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loan obligations through Dec. 31, 2025.

Organisations should consider addressing management practices and age-inclusion policies to retain talent across generations.

Brian May, CFO of food service company Nicholas and Company, offers a unique CFO perspective on the lessons he learned during a major digital overhaul.

Increased turnover, driven by a trend toward shorter tenures, is creating more opportunities for aspiring leaders to step into CFO roles at public companies, and women are filling those roles at an elevated level.

On May 28, 2024, Governor Ned Lamont signed legislation expanding Connecticut’s 2011 Sick Leave Law. The new legislation is effective on January 1st, 2025. The law covers more employees, expands the reasons under which employees may use paid sick leave, and reduces the required hours to accrue paid sick leave.

As artificial intelligence quietly transforms the accounting industry, we look at how it has evolved and the changes it has brought to everyday tasks, with this feature forming part of our special editorial report on the subject, in association with Sage.

C-suite leaders in a global survey say generative AI has influenced their business models, improved customer relationships, and cut business costs.

The Connecticut Department of Revenue Services will be hosting a virtual webinar on Wednesday, Sept 4, 2024, at 10:00 a.m. to provide a Connecticut Real Estate Conveyance Tax Return (myCTREC – Form OP-236) Tax Overview. Representatives from the Department will give a presentation about Connecticut’s myCTREC and answer frequently asked questions. Please submit any myCTREC questions with the registration form by Wednesday August 28, 2024.