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BDO USA, citing a desire to strengthen its business model in part to retain and attract talent, is preparing to become the first large public accounting firm to establish an employee stock ownership plan (ESOP).

There is going to be a big gap between accountants who use artificial intelligence and those who don't, says Randy Johnston, executive vice president at K2 Enterprises, who shares ideas for leveraging this transformative technology.

As ESG efforts gain traction, they may be distracting companies from other social impact issues, like the use of slave labor in supply chains.

Work/life balance is imperative to attract and retain younger workers. New research shows business leaders aren’t as enthusiastic about flexible working as employees are.

The IRS is uncertain about what happened to millions of tax records with sensitive information that could be used "to commit tax refund fraud identity theft," the Treasury Inspector General for Tax Administration (TIGTA) said in a report posted Tuesday.

No policy issue has dominated the accounting profession over the past several decades as much as accountant education – specifically, the 150-hour education requirement.

By 2023-2024 CTCPA Chair Timothy Hedley, CPA, Ph.D. of Fordham University

On September 30, 2023, the CTCPA Peer Review Committee will lose a valued member as Nancy Hayes concludes her service on the committee after some 35 years. A partner at Carter, Hayes + Associates, P.C. in Hamden, Nancy has served as committee chair multiple times and on peer review subcommittees exhibiting the highest levels of professionalism. Without its volunteers, the peer review program in Connecticut could not exist. Nancy’s efforts along with the rest of the committee help firms stay compliant with complex accounting and auditing standards. Nancy’s deep knowledge, calm demeanor, and clear council will be missed!

Companies that mandate full-time office commitments are likely to experience turnover among leadership, data suggests.

While the large majority of future C-suite executives at financial services institutions don't view a fully remote work model as ideal for their roles, most are opposed to a return to fully in-office work – something that C-suite leaders of today would be wise to keep in mind.

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.

Plainville town officials announced the municipality is implementing a new four-day workweek for its employees later this month, a practice growing in popularity within both local government and the private sector.

Employees use data more than brainstorming or gut instinct when making decisions, according to a Slingshot survey.

The American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) will launch an innovative post-graduate program this fall in collaboration with the Tulane School of Professional Advancement (SoPA). The program blends rigorous online learning with on-the-job professional experience for college accounting graduates, offering a less costly and more flexible way to complete the 150-hour course credit requirement to become a licensed CPA.

Beth Gosciminski was named manager at Harper & Whitfield, P.C (H&W). She works in both the Farmington and Simsbury locations and was promoted twice since joining the H&W team in January 2002.

So, what can accountants do to attract the best talent and convince more job hunters to apply for roles with them? In this article, we give you our take.

The Treasury Inspector General for Tax Administration said the IRS cybersecurity program should not be considered fully effective, as three out of five of the criteria outlined in the agency's framework were considered to be "not at an acceptable maturity level."

New research predicts that AI integration will pose further risks over the coming months as accelerated digitisation continues to outpace regulatory guardrails.

Business decision makers believe generative AI models, such as the infamous talking bot ChatGPT, will either reduce the overall headcount at their organizations or increase it, depending on who is asked.

On August 1, the AICPA and all 54 State CPA Societies, including CTCPA, sent a letter to the Department of Homeland Security (DHS) requesting DHS recognize accounting under the “T” for Technology in Science Technology Engineering Math (STEM) education.