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82% of CFOs Say Their Role Has Grown Significantly: Report

March 11, 2024

Globally, CFOs have been given increasing responsibility most often in ESG, M&A, and corporate strategy, according to a new survey.

  • business and industry

No retreat from DEI

March 11, 2024

The American Institute of CPAs' Crystal Cooke talks about why the perception that companies are scaling back their diversity efforts is wrong, and how accounting can move forward in its pursuit of diversity, equity and inclusion.

  • business and industry
  • diversity
  • practice management

Economic optimism, hiring plans rise despite continued concern about inflation

March 07, 2024

As winter fades into the spring, optimism is on the rise — 43% of finance executives share a sunnier outlook on the U.S. economy, according to the latest quarterly survey released by AICPA & CIMA.

  • business and industry
  • practice management

DOL Enacts New Independent Contractor Test

March 06, 2024

The Department of Labor has announced a six-factor test for determining whether a worker is an independent contractor or an employee under the Fair Labor Standards Act. This new rule takes effect on March 11, 2024.

  • accounting and auditing
  • business and industry
  • practice management
  • advocacy - federal

SEC adopts climate-related disclosure rule

March 06, 2024

The SEC on Wednesday adopted a long-awaited rule for climate-related disclosures.

  • business and industry
  • advocacy - federal

Federal court rules Corporate Transparency Act unconstitutional

March 05, 2024

On March 1, 2024, Judge Liles Burke of the U.S. District Court in Huntsville, Alabama, held that the Corporate Transparency Act — and the beneficial ownership information reporting mandate it includes — is unconstitutional, because it exceeds the powers granted to Congress by the Constitution.

  • business and industry
  • practice management
  • boi

Plaintiffs: FinCEN should pause all CTA enforcement

March 05, 2024

The Financial Crimes Enforcement Network (FinCEN) should pause all enforcement of the Corporate Transparency Act (CTA), P.L. 116-283, and its required beneficial ownership information (BOI) reporting until a legal challenge works its way through the courts, plaintiffs who won the first round of the case said Tuesday.

  • business and industry
  • practice management
  • boi

With 340,000 fewer accountants, companies pay the price

March 01, 2024

Mistakes continued to pile up this earnings season in the wake of Lyft Inc.'s market-roiling typo: Planet Fitness Inc., Mister Car Wash Inc. and Rivian Automotive Inc. all had to correct their quarterly earnings statements. These types of errors shake investor confidence and in extreme cases can result in heavy fines from the Securities and Exchange Commission.

  • accounting and auditing
  • business and industry

NPAG national pipeline surveys open for responses

February 29, 2024

The National Pipeline Advisory Group (NPAG) on Thursday opened the response period for its national pipeline survey and its survey for college students, which will shape profession-wide efforts to address the accounting talent shortage.

  • accounting and auditing
  • business and industry
  • career resources
  • practice management
  • advocacy - state
  • advocacy - federal

The key to reducing errors with AI: Technology acceptance

February 29, 2024

To err is human. To seek help is superhuman. Gartner recently asked controllers about how often they or their peers make financial errors, as well as their thoughts on causes. Though survey respondents weren't asked about the significance of the errors cited, 59% acknowledged "several errors per month."

  • business and industry
  • technology and cybersecurity

C-suite goal: Keep up with new technology

February 26, 2024

Executive leaders are just like everyone else — aiming to stay current with today's ever-changing workplace.

  • business and industry
  • technology and cybersecurity

1 in 4 Employees Say Financial Stress Lowers Their Productivity: Report

February 24, 2024

A SoFi survey indicates stress over personal finances may affect employee productivity, and HR may be underestimating the consequences.

  • business and industry
  • personal financial planning
  • practice management

FinCEN guide lists rules for some financial institutions' access to BOI

February 23, 2024

Treasury' Financial Crimes Enforcement Network (FinCEN) released a guide for rules regarding access to beneficial ownership information (BOI) by some financial institutions, including rules regarding customer consent.

  • business and industry
  • practice management
  • boi

CFOs Can't Be Lax About Taxes: 3 Concerns in 2024

February 22, 2024

CFOs need to incorporate tax analysis as part of their strategic decision-making or find themselves dealing with unexpected financial and operational outcomes.

  • business and industry
  • federal tax

Email security changes: Don't miss DMARC

February 21, 2024

Changes to email security standards from several large providers could see accounting firm emails that fail authentication marked as spam or rejected outright, unless their settings are correctly configured.

  • business and industry
  • practice management
  • technology and cybersecurity

Return-to-office politics: 4 tips for reducing talent attrition

February 14, 2024

A disproportionate percentage of high-performing employees are likely to consider leaving their jobs in response to return-to-office (RTO) mandates.

  • business and industry
  • practice management

Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff

February 12, 2024

A recent survey suggests a combination of changing educational demands and a disproportionate amount of AI upskilling may lead to a knowledge gap among mid-level managers.

  • business and industry
  • practice management
  • technology and cybersecurity

Privacy and profits: How responsible data protection can drive revenue

February 07, 2024

Prioritizing privacy protections can be good for business, quite literally. But how can organizations get the greatest return on investment for their efforts?

  • business and industry
  • practice management
  • technology and cybersecurity

Be a better leader by making stress your friend

February 05, 2024

Stress can be disabling but Lucy Cohen, one of the headline speakers at the Festival of Accounting & Bookkeeping, explains that harnessing the benefits can change you as a leader.

  • accounting and auditing
  • business and industry
  • career resources

83% of Finance Leaders Dealt With Cyber Fraud in 2023

January 30, 2024

Wire transfer fraud, vendor fraud, and CEO or CFO impersonations were the most frequent, according to a Trustpair survey.

  • business and industry
  • technology and cybersecurity