News

Women and racial and ethnic minorities continue their rise to executive roles, although the percentages remain low. The percentage of CFOs who are women hit an all-time high last year, and the number of female CFOs has almost doubled over the past 10 years, according to the Crist Kolder Volatility Report.

Diversity. Equity. Inclusion. These three words—and the efforts required to realize them—have become increasingly important as demographic and social shifts transform our country. In turn, the actions organizations take across these fronts are coming under more scrutiny than ever before as employees, consumers, and investors increasingly aim to align their individual values with those of the organizations they choose to work for, do business with, and support.

Ask almost any company leader, and they will tell you they place a high priority on diversity, equity and inclusion (DEI). There’s probably a finely sculpted DEI statement on the corporate website spelling out the company’s position, and maybe there’s even a DEI course for employees.

This year, the CTCPA added a number of new staff to the team, including Professional Development Coordinator Kendalynn Morales and Accounting Associate Aileen Taveres.

We asked two of our team members to share their families and histories with us.

Earlier the summer, William Alvarez was appointed as an executive member to the Latino Corporate Directors Association. Who better to chat with during Hispanic Heritage Month?

Women are steadily chipping away at the glass ceiling with a little help from male allies.

Governor Ned Lamont today is applauding the release of a study from U.S. News & World Report ranking Connecticut as one of the best states in the country for gender equality. The governor said that this issue has been a key priority for his administration, particularly when it comes to ensuring equal access to economic opportunities.

As the accounting profession struggles to recruit, retain and advance Black accountants, recognizing and eliminating barriers to entry is a crucial initial step, said Guylaine Saint Juste, CEO of the National Association of Black Accountants, during NABA’s national convention last week in Hollywood, Florida.

June may be over, but, as AccountingWEB UK Community and Editorial Assistant Will Cole points out, Pride doesn't end on June 30. Here, he talks with Jay Wilson, the managing director of Newcastle-based firm Jaccounatancy, about how firms can show support throughout the year.

A survey of 600 members of the LGBT+ community found that most employers appear to be on the right track when it comes to inclusion, but room for improvement remains.

For 2022 Pride, with all the chaos of the legal and political environment in the U.S., it is important to get perspective on the past, present, and future of the LGBTQIA+ community’s progress for equality in the tax law. Some actions that are now the norm were fought over not very long ago, and there is continued work to be done with each passing year.

Pride Month is a time of celebration, but it's also a good reminder that the financial issues people in the LGBTQIA+ community face are quite different from those of their cisgender counterparts. The accounting profession has a responsibility to ensure they can meet the needs of all their clients, and that starts with understanding diverse communities. Whether you're an accountant or a regular taxpayer, below, we've compiled a list of financial resources specifically for LGBTQ individuals.

Celebrants in the US, Canada, Brazil, Hungary, Australia, and Greenland observe Pride month in June. Examples of Pride Month ideas for the office include LGBTQ+ historic sites and landmark visits, charity donations, and office decorations. These activities aim to help teams reflect on sexual orientation inequities. Pride Month office activities will also help your workforce make meaningful actions in eliminating workplace discrimination.

Sino Varghese, CPA, had plenty of diverse role models as she sought to become a partner at Moss Adams in a profession that's seeing more women and ethnic minorities promoted to leadership roles.

After leaving the labor force 11 years ago to care for her two children, Marin Ranta wanted to return to work last fall.

Beginning in 1866, people have held annual celebrations commemorating the emancipation of slaves in the United States. Some states and cities have officially recognized Juneteenth, the name by which the date is most referred, for many years. However, it was not until 2021 that Juneteenth became a federal holiday and either officially recognized or made a state holiday in almost all states.

Women in bookkeeping often face bias due to misconceptions about the work that they do and clients undervaluing bookkeeping in general. Here, Tanya Hilts of Cloud Business Services and Kelly Gonsalves of Totally Booked explain why bookkeeping as a brand needs to change in order to overcome bias.

Women are still far behind where they should be in terms of business and accounting leadership, sitting in less than a quarter of C-suite executive offices. Women of color are in only 4% of those positions.

Caitlyn O'Neil, CPA, wasn't always open about being on the autism spectrum. It took a couple of years before the senior tax accountant at CBIZ MHM in Denver told most of her colleagues she's autistic. "Before that I really struggled trying to explain some of my behaviors. I just called it 'busy season brain,'" she said. "Then I just decided it was too much stress, and just acknowledging this is why I'm different, that lifted a huge weight off my shoulders."