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Investing in generative AI is a balance between risk and reward

August 09, 2023

A recent global survey from McKinsey found that leaders are looking to increase AI-related investments, but less than half have planned for the organisational risks involved.

  • business and industry
  • practice management
  • technology and cybersecurity

CT DOL Warns of Uptick In Unemployment Fraud Due to Identity Theft

July 24, 2023

Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo is warning Connecticut employers and residents of an uptick in unemployment benefits fraud due to identity theft. Connecticut is among states being targeted by criminals who are flooding the unemployment system using stolen identities to file for benefits. During the pandemic, stolen identities were available on the dark web for about one dollar. Criminals are still mining this resource to purchase names, Social Security Numbers, birth dates, and other personal information that they use to apply for credit cards, bank loans, and unemployment benefits. Connecticut’s unemployment system is currently receiving several thousand claims per day; CTDOL suspects around 75% are fraudulent and is withholding payment.

  • business and industry
  • career resources
  • advocacy - state

Finance of tomorrow: Future roles in an AI era

July 20, 2023

Finance professional and data expert Michelle Govindsamy fills in the gaps on AI’s role and how the profession will change in the future.

  • business and industry
  • technology and cybersecurity

How CFOs and Controllers Can Partner on Finance Automation

July 18, 2023

The rising interest in finance automation presents a compelling growth opportunity for controllers to establish themselves as de facto finance chief information officers.

  • business and industry
  • technology and cybersecurity

Historic global standards for sustainability reporting released

July 10, 2023

In a milestone moment for the creation of a global common language for sustainability reporting, the International Sustainability Standards Board (ISSB) on Monday issued its first two standards. IFRS S1, General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2, Climate-related Disclosures have an effective date of Jan. 1 for some portions, pending adoption in more than 140 jurisdictions worldwide. IFRS S1 features a global baseline for reporting requirements on the disclosure of sustainability-related risks and opportunities. IFRS S2 features reporting requirements specific to climate-related disclosures, in concert with the reporting framework established by IFRS S1.

  • accounting and auditing
  • business and industry

Inclusion advice: Start with allyship

June 28, 2023

A new report shows "disproportionate challenges” for LGBT+ employees, shares inclusion advice for organisations.

  • business and industry
  • diversity
  • practice management

5 Trends to Know About Today's Multigenerational Workforce

June 22, 2023

Today's workforce is made up of four distinct generations. Understanding what motivates each of them can help companies more effectively recruit, manage and retain strong teams.

  • business and industry
  • career resources
  • practice management

Only 25% of CFOs Are Prepping for AI Management and Ethics Regulations: Weekly Stat

June 21, 2023

Despite interest in AI by business leaders, CFOs have bigger concerns, according to new data from Deloitte.

  • business and industry
  • technology and cybersecurity

How To Recruit Employees: Creative Employee Recruitment Strategies

June 13, 2023

A new or growing business may need to devise creative recruitment strategies to reach the most qualified individuals. In today's labor market, many small and medium-sized businesses face additional hiring challenges thanks to recent inflation and economic fluctuations, which have created uncertainty for both employers and job seekers.

  • business and industry
  • career resources
  • practice management

The skills crunch: How did it get so bad?

June 13, 2023

From the great resignation to quiet quitting and the lost generation of talent, a perfect storm has capsized the profession’s attempts to solve the skills shortage. While there is hope, it’s not going to be easy.

  • business and industry
  • career resources
  • practice management

3 Ways CFOs Can Drive a Cohesive Company Culture

June 08, 2023

Here’s how CFOs can use their unique skill set to play an active role in strengthening company culture.

  • business and industry
  • career resources
  • practice management

AI won't take your job, But someone using AI might

June 07, 2023

ChatGPT is the latest in a very long line of artificial intelligence (AI) advancements to result in much scaremongering.

  • business and industry
  • practice management
  • technology and cybersecurity

Tactics to manage and resolve workplace conflict

June 07, 2023

Framing conversations, using emotional intelligence, and bringing in a mediator if needed can help resolve business workplace conflict.

  • business and industry
  • practice management

Accounting giants join AI investment rush

June 06, 2023

Thanks to the hoopla surrounding ChatGPT and other generative artificial intelligence (AI) tools, private and public investors are caught up in a funding frenzy recently characterised by the FT as “the latest Californian gold rush”.

  • business and industry
  • practice management
  • technology and cybersecurity

Leadership on LinkedIn: Pathways and Pratfalls

June 02, 2023

With LinkedIn dominating the professional social media landscape, leaders who want to establish a brand must take heed of the pitfalls.

  • business and industry
  • career resources
  • practice management
  • technology and cybersecurity

5 DE&I Strategies for Small Businesses

May 26, 2023

Here’s how small businesses can implement diversity, equity, and inclusion initiatives to strengthen their culture and continue to evolve.

  • business and industry
  • diversity
  • practice management

4 ways CFOs can maximise the benefits of predictive analytics

May 24, 2023

Achieving maximum value from predictive analytics requires a robust strategy and a model with a human-centric design that is also appropriate to the business.

  • business and industry
  • technology and cybersecurity

61% of Managers Say Exec Leaders Hold Them Back From Innovation: Weekly Stat

May 24, 2023

Many finance leaders have a hands-on approach to leadership, but most managers believe it impedes their ability to innovate.

  • business and industry
  • practice management
  • technology and cybersecurity

Coalition Including CPAs Calls Attention to New Beneficial Ownership Information Reporting Requirements

May 22, 2023

The American Institute of CPAs (AICPA) joined a coalition of organizations who have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement. BOI is an anti-money laundering initiative enacted through the Corporate Transparency Act (CTA) in 2021, which mandates that BOI information is reported to the Financial Crimes Enforcement Network (FinCEN).

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

How Connecticut changed during COVID, in 10 charts

May 21, 2023

On May 10, exactly three years and two months after Gov. Ned Lamont declared a public health emergency in response to the COVID-19 pandemic, he declared it over.

  • business and industry
  • coronavirus
  • practice management
  • advocacy - state