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AI’s use in cybersecurity efforts is already taking place to protect areas of businesses that are now data-reliant.

Hybrid working continues to bring benefits for employers and employees, according to finance leaders and professionals in Sri Lanka and Central and Eastern Europe.

The state’s preparations for the next recession far exceed those for 2007-09 downturn, which depleted Connecticut’s rainy day fund

The Internal Revenue Service warned taxpayers today to be on the lookout for a new scam mailing that tries to mislead people into believing they are owed a refund.

Gov. Ned Lamont issued his first vetoes of the year on Thursday when he rejected five bills passed by the state legislature and denounced as “environmentally and fiscally irresponsible” another bill affecting the disposal of solid waste in Connecticut.

Randee Roucoulet, a partner at Simione, Macca & Larrow LLP in Hamden, completed her sixth IRONMAN on June 25.

While leaders believe AI’s impact on productivity may be substantial, implementation concerns remain prevalent.

The Connecticut Data Privacy Act, approved last year, takes effect Saturday July 1. With this new law, Connecticut is the fifth U.S. state with comprehensive consumer privacy legislation and there is a lot all of us need to know. We asked an expert at Day Pitney LLP Data Privacy, Protection and Litigation practice and these are his answers.

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

Among the last of New England’s moderate Republican senators, he was elected governor as an independent

This spring, 27 Connecticut residents graduated from the 2023 class of the Connecticut Professionals’ Leadership Academy, a program designed to strengthen leadership skills, develop and build relationships, and create a collaborative professional services community. This landmark program brings together professionals from various industries and backgrounds, including accounting and finance, law, insurance and architecture.

This spring, two dozen Connecticut residents graduated from the 2023 Connecticut Professionals’ Leadership Academy, a program designed to strengthen leadership skills, develop and build relationships, and create a collaborative professional services community. This landmark program brings together professionals from various industries and backgrounds, including accounting and finance, law, insurance and architecture. The program, focused on the next generation of business leaders, was presented in partnership with six professional organizations: • American Institute of Architects, Connecticut, • CFA Society Hartford, • Connecticut Bar Association, • Connecticut Society of Certified Public Accountants, • Connecticut Young Insurance Professionals, and • Hartford County Bar Association. The program encourages participants to help evolve and grow their careers and industries, professional association groups and companies through dynamic sessions including Legislative Day at the Capitol, Personal Branding, How to Lead a Team Effectively and Efficiently, Business Finance 101, and a Lean Principles and Practices Team-Building Workshop. “The continued success of this collaborative leadership academy is a testament to the strengths and talents of these up-and-coming professionals and the organizations they represent. The leadership skills and relationships they have formed will serve them, their employers, and our community well as they lead through an ever-evolving environment today and into the future,” said Bonnie Stewart, Executive Director and CEO of the Connecticut Society of CPAs. ”The Connecticut Professionals’ Leadership Academy blends classroom education with personal and professional development while networking among peers. Designed to be different than other leadership training programs, participants are exposed to various skill developments, like personal branding, Clifton Strengthsfinder, introduction to being a board member, and meeting like-minded professionals all in a six-month time frame,” said Ryan Keating, CIC of Keating Agency Insurance, a member of the Board of Directors of the Connecticut Young Insurance Professionals. Applications Are Open Now for the 2024 Connecticut Professionals’ Leadership Academy Program application is open to early to mid-career professionals who are members of the partnering organizations seeking leadership training to propel them to the next level of their career. Learn more at www.ctcpas.org/LeadershipAcademy. Congratulations to These 2023 Connecticut Professionals’ Leadership Academy Graduates: American Institute of Architects, Connecticut Jason Levy of Farmington – QA+M Architects David Reilly of Darien – Trillium Architects Misha Semënov-Leiva of Essex – Centerbrook Architects Brian Stancavage of Cheshire – Svigals + Partners Justin Towart of Stratford – Further Architecture Office PLLC CFA Society Hartford Evan Paretti of Bridgeport – Fiducient Advisors Connecticut Bar Association and/or Hartford County Bar Association Jacqueline Betz of Hartford – Kurien Ouellette LLC Brittany Bisson of Cheshire – Saxe Doernberger & Vita, P.C. Sarah Dlugoszewski of Southington – Shipman & Goodwin LLP Dinora Lopez of Glastonbury – Liberty Bank Anne Nye of Andover – Gfeller Laurie LLP Michael Curley of West Hartford – Murtha Cullina LLP Connecticut Society of Certified Public Accountants Erica Ambrosio – Deloitte & Touche LLP Ava DelMastro of Middletown – RSM US LLP Amanda Eckert of Terryville – Deloitte Micah Flashman of New Haven – Razayya Financial, LLC Keegan French of Newington – Marcum LLP Michelle LaVoie of Cromwell – Marcum LLP Viktoriia Mills of Guilford – Fiondella, Milone & LaSaracina LLP (FML) Natalie Olmstead of Avon – The Siegfried Group Ian O'Toole of Branford – Deloitte & Touche LLP Kimberly Purisky of Milford – Beers, Hamerman, Cohen & Burger, PC Joseph Sullivan of Waterbury – CLA (CliftonLarsonAllen) Denisse Zavala of Weatogue – PwC

Despite a disagreement on the well-being of employees, executives also want to work for employers more conscious of supporting workers' mental health.

https://www.journalofaccountancy.com/news/2023/jun/historic-global-standards-sustainability-reporting-released.html

A few clicks of the mouse could save practitioners a ton of time by assisting them in determining whether they need to apply the requirements of AR-C Section 70, Preparation of Financial Statements, when their bookkeeping or accounting services result in financial statements.

High-deductible health plans (HDHPs) will generally no longer be permitted to cover testing for and the treatment of COVID-19 without a deductible or with a deductible below the minimum deductible (for self-only or family coverage) for an HDHP as of the end of 2024, the IRS said Friday in Notice 2023-37.

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.

The IRS reduced its backlog of unprocessed original tax returns by 80% from the 2022 to the 2023 tax filing season and improved its phone service, but real and permanent change requires significant IT upgrades, the national taxpayer advocate said Wednesday in her midyear report to Congress.

Whittlesey continues its long‐standing tradition of community service through a range of projects across Connecticut and Western Massachusetts. For over a decade, Whittlesey volunteers have stepped away from their desks to participate in various projects that directly affect the communities where they live and work. This year, more than 100 Whittlesey team members collaborated with the Bushnell Park Foundation, the Diaper Bank of Connecticut, and the Boys and Girls Club of Greater Holyoke in a day dedicated to creating positive and tangible impacts within our local communities. At Bushnell Park and the Boys and Girls Club of Greater Holyoke, teams engaged in general park clean‐ up efforts, including spreading mulch, planting new flower beds, and repairing and painting fences. Meanwhile, volunteers at the Diaper Bank of Connecticut assisted in sorting and repackaging diapers before distributing them to families in need. "Our commitment to service extends far beyond our professional obligations," says Drew Andrews, CEO and Managing Partner at Whittlesey. "We believe in giving back to the communities we are part of, and our annual Community Day is a testament to this belief. We are honored to partner with these remarkable organizations this year and look forward to the impact we can make together." Whittlesey's Community Day is part of a series of initiatives the firm undertakes throughout the year, emphasizing its core belief in the power of community engagement. The firm takes pride in its enduring partnerships with diverse nonprofit organizations and the real‐world impacts they create together.

Whittlesey announced the promotion of Greg LaCasse, CPA, to Partner. Greg is the newest member to join the growing leadership team.