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Setting workable AI policies for your team

September 17, 2024

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.

  • business and industry
  • practice management
  • technology and cybersecurity

More organizations are turning to AI in the finance function

September 16, 2024

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

  • business and industry
  • technology and cybersecurity

Use of Standard Terms and Conditions Can Help Build Engagement Letter Consistency

September 16, 2024

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.

  • accounting and auditing
  • business and industry
  • practice management
  • emergency assistance and practice continuation

65% of CFOs are under pressure to accelerate ROI from tech investments

September 12, 2024

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

  • business and industry
  • technology and cybersecurity

AICPA and NASBA Seek Input on Proposed Additional Pathway to CPA Licensure

September 11, 2024

In a joint effort to support the next generation of accountants while maintaining accounting’s rigorous public protection mandate, the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have proposed an initiative aimed at helping Certified Public Accountant (CPA) candidates meet initial licensure requirements. The CPA Competency-Based Experience Pathway would provide an additional option for candidates to demonstrate their professional and technical skills after earning a bachelor’s degree and meeting their state’s requirements for accounting and business courses.

  • business and industry
  • career resources
  • practice management
  • pipeline

Decline in economic and organizational optimism among CPA leaders

September 04, 2024

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.

  • business and industry
  • practice management

3 trends reshaping CFO recruitment

September 03, 2024

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

  • business and industry
  • career resources

Sustainable services: CPAs positioned for burst in opportunities

September 03, 2024

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

  • accounting and auditing
  • business and industry
  • practice management

FinCEN final rule lessens impact on small registered investment advisers

August 30, 2024

Treasury's Financial Crimes Enforcement Network (FinCEN) issued a final rule that brings certain investment advisers within the standards of FinCEN's anti-money-laundering and countering-the-financing-of-terrorism (AML/CFT) programs.

  • accounting and auditing
  • business and industry
  • practice management

78% of business leaders expect ROI on generative AI investments in 1 to 3 years

August 28, 2024

As the cost-benefits of generative AI for businesses come into question, new data from KPMG suggest the largest companies have a timeline to ROI.

  • business and industry
  • practice management
  • technology and cybersecurity

IRS reminder: Employer educational assistance programs can still be used to help pay off workers’ student loans through Dec. 31, 2025

August 28, 2024

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.

  • business and industry
  • career resources
  • personal financial planning
  • practice management

The role of managing age diversity in the workplace

August 28, 2024

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

  • business and industry
  • career resources
  • practice management

5 things I wish I knew as a CFO before starting a digital transformation

August 23, 2024

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.

  • business and industry
  • practice management
  • technology and cybersecurity

CFO opportunities on the rise: Key trends for aspiring leaders

August 22, 2024

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.

  • business and industry
  • diversity

CFO opportunities on the rise: Key trends for aspiring leaders

August 22, 2024

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.

  • business and industry

Connecticut Expands Paid Sick Leave Law in 2025 but Limits Employers’ Control over How it is Used

August 22, 2024

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.

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

Federal Judge Blocks FTC Noncompete Ban

August 22, 2024

A federal judge in Texas issued a permanent injunction against the Federal Trade Commission’s ban on noncompete agreements Aug. 20, two weeks before the controversial regulation’s effective date.

  • business and industry
  • practice management
  • advocacy - federal

A short history of AI in accounting

August 20, 2024

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.

  • business and industry
  • practice management
  • technology and cybersecurity

Gen AI could save companies money, improve customer relations

August 14, 2024

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

  • business and industry
  • technology and cybersecurity

Many companies clueless about payment fraud, report claims

August 12, 2024

Half of surveyed organizations don’t know how often they’re hit by fraudulent payment schemes or what the cost is.

  • business and industry
  • practice management
  • technology and cybersecurity