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CFOs should keep these priority areas in mind as they undergo internal audits and look to set themselves up for long-term ESG reporting success.

The most important issue is staff recruitment, training, retention and work conditions. While each of these is a separate issue, the whole staff issue is a neglected area when it should be the top area of concern. This has been so since I started practicing, and I am perplexed that meaningful actions are not taken to remedy the situation. I did, and many firms do, and they are much more successful than the others, but too many do not deal realistically with this.

Employees are struggling to develop at work, and some fear being left behind by innovation.

The AICPA on Thursday sent a letter to the IRS with recommendations to two areas of new instructions to Form 8971, Information Regarding Beneficiaries Acquiring Property From a Decedent. The AICPA understands that Treasury and the IRS are considering updating the form instructions for the final regulations.

The maximum contribution amounts for a health savings account (HSA) and certain related benchmarks will be slightly higher next year.

Republicans in the Connecticut House of Representatives presented an alternate two-year state budget Thursday that caucus members called a “Reality Check” and said would reduce the size of state government by about $600 million.

Will GOP offer real solutions to big problems? Will Democrats listen if they do?

It’s not common to have legislation proposed that no one speaks against. That’s the case, however, for House Bill 7020, which would offer more flexibility for state residents to become certified public accountants.

But it’s unclear whether officials will tap $2.3 billion windfall to mitigate cuts in federal aid.

Gian-Carl Casa, president and CEO of the CT Community Nonprofit Alliance, and Rep. Jillian Gilchrest, D-West Hartford, were joined at the Legislative Office Building by representatives from some of Connecticut’s largest nonprofit organizations. They said the state must protect essential services that support residents struggling with mental illness, addiction, disability, homelessness, and reentry from incarceration.

The House Financial Services Committee passed a budget bill Wednesday that eliminates the Public Company Accounting Oversight Board and caps the Consumer Financial Protection Bureau's budget at roughly $249 million, a drastic reduction from its recent budgets.

The perceptions held by high school and early college students about accounting are trending in a positive direction, positioning the profession for an opportunity to continue strengthening the talent pipeline.

AICPA leadership is monitoring a legislative proposal that would defund the PCAOB, saying in a statement Monday that it “is committed to supporting the drivers of audit quality.”

The Trump administration’s tariffs have directly impacted several Connecticut businesses relying on motors, batteries, magnets, and rubber goods imported from China, according to data submitted through the state’s Federal Impact Reporting portal launched earlier this month.

As the class of 2025 prepares to enter the workforce, new research from talent solutions and business consulting firm Robert Half highlights the challenges faced by early-career professionals and the strategies to overcome them.

Many private schools across Connecticut object to a bill to eliminate tax exemptions for faculty and staff housing for private secondary schools, saying they already contribute to the towns where they're located and this could affect their operations.

The new datasets, which contain public inspection information from inspection reports going back to 2018, are machine-readable and can be used to analyze PCAOB inspection findings.

CT’s William Tong joined coalition of state AGs to challenge Education Department’s interpretation of civil rights laws.

Nearly two-thirds of Americans are worried more about saving enough money for retirement than they are about dying.

Middle-class families would get a tax break under a revenue plan that cleared the Finance, Revenue and Bonding Committee Wednesday, while the wealthiest earners in the state could pay more.