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Gen Z Set to Outnumber Baby Boomers in the Workforce

November 16, 2023

Pivotal culture changes are ahead, as Gen Z workers become a more dominant presence in the workplace.

  • business and industry
  • career resources
  • practice management

Companies With Flexible Remote Work Policies Outperform On Revenue Growth: Report

November 14, 2023

mployees frustrated with their CEOs’ return-to-office mandates have tried arguing that remote work is linked with greater productivity. That it helps the environment with fewer commutes and improves diversity by broadening the talent pool. Now, they may have another argument to get their CEOs’ attention: Higher revenue growth.

  • business and industry
  • practice management

Connecticut Small Business Boost Fund – Low-Interest Loans Tailored to Small Businesses and Nonprofits

November 09, 2023

The average small business loan interest rates range from 5% to more than 11%. High-interest rates and limitations on traditional loans can impede small business owners’ ability to borrow money to reinvest in or expand their businesses. Supported by the Connecticut Department of Economic & Community Development (DECD), the Connecticut Small Business Boost Fund is focused on helping small businesses and nonprofits thrive. This low interest, fixed 4.5%, loan program provides access to flexible funding for capital expenditures and working capital and connects business owners with free support services. Supported by the Connecticut Department of Economic & Community Development (DECD), the Connecticut Small Business Boost Fund is focused on helping small businesses and nonprofits thrive. This low interest, fixed 4.5%, loan program provides access to flexible funding for capital expenditures and working capital and connects business owners with free support services.

  • accounting and auditing
  • business and industry
  • not-for-profit
  • advocacy - state

61% of Finance Execs Not Using AI Yet: Weekly Stat

November 08, 2023

Finance leaders are more likely to be watching and learning about AI tools versus implementing them, according to Gartner.

  • business and industry
  • technology and cybersecurity

Big companies have big hopes for 2024

November 06, 2023

The financial outlook of large-company leaders in business and industry continues to brighten.

  • business and industry

Can AI work in harmony with HR and employment law?

November 06, 2023

Within HR and employment law AI will change the way we work, but it will not eliminate the need for expert, professional advice on specialist or complex issues.

  • business and industry
  • practice management
  • technology and cybersecurity

78% of C-Suite Says Their Organization Uses AI Today: Weekly Stat

October 25, 2023

But a large majority of employees say their companies need to be more transparent about how it can improve workflows.

  • business and industry
  • technology and cybersecurity

Connecticut Releases Guidelines for CPA Exam Credits of Candidates

October 25, 2023

Connecticut has passed four directives regarding CPA Exam credit retention.

  • business and industry
  • career resources
  • practice management
  • advocacy - state

3 Keys to Better Budgeting: Process, Technology, and Data

October 24, 2023

Working to implement an effective budgeting process sets CFOs up for a successful budgeting season.

  • business and industry
  • technology and cybersecurity

Can you survive a cyberattack?

October 23, 2023

You're probably not as worried about cybersecurity as you should be. The threat to firms from cybercriminals is literally constant. There are three basic cybersecurity outcomes for firms in case of an attack. One is a disaster. Would your firm survive?

  • business and industry
  • practice management
  • technology and cybersecurity

Tech with a touch of humanity

October 23, 2023

Technology has much to offer the practice owner, but the human aspect is still essential, says Sacheen Yadav.

  • business and industry
  • practice management
  • technology and cybersecurity

Budgets for salary increases rise at historic rates

October 20, 2023

Budgets for employee salary increases have grown by an average of 4.4% in 2023, the highest increase in more than two decades, according to a long-running survey.

  • business and industry
  • career resources
  • practice management

IRS announces withdrawal process for Employee Retention Credit claims; special initiative aimed at helping businesses concerned about an ineligible claim amid aggressive marketing, scams

October 19, 2023

As part of a larger effort to protect small businesses and organizations from scams, the Internal Revenue Service today announced the details of a special withdrawal process to help those who filed an Employee Retention Credit (ERC) claim and are concerned about its accuracy.

  • business and industry
  • practice management
  • federal tax

70% of Companies Use AI, Other Tech to Optimize Business Travel: Weekly Stat

October 18, 2023

Many companies are or plan on using new technologies to control and account for employee spending, new data shows.

  • business and industry
  • practice management
  • technology and cybersecurity

John Raspante of McGowan Pro Features in 'Emerging Risks for Accountants' Podcast

October 16, 2023

John Raspante, risk management director at McGowan Pro, was featured in the Accounting Today podcast "Emerging risks for accountants." John and McGowan Pro Senior Vice President Stephen Vono spoke with Dan Hood on the new areas that are sparking claims against firms — and the tools they can use to protect themselves.

  • business and industry
  • member news
  • practice management
  • technology and cybersecurity

Workplace Trend: 58% of Hybrid Employees Are ‘Coffee Badging’

October 16, 2023

The new term highlights the friction between the return-to-office push and flexible work schedules.

  • business and industry
  • career resources
  • practice management

Why should CPAs understand ChatGPT?

October 14, 2023

Mfon Akpan, CGMA, DBA, an assistant professor of accounting at Methodist University, and Scott Dell, CPA, DBA, an assistant professor of accounting at Francis Marion University, explain why CPAs and other professionals can be left behind professionally if they don't spend time learning about tools such as ChatGPT. They talk about productivity gains, the competitive divide that could develop, and how, in the short term, more training is needed to fully harness generative AI.

  • accounting and auditing
  • business and industry
  • practice management
  • technology and cybersecurity

FinCEN proposes BOI reports deadline extension for certain companies

October 06, 2023

Treasury's Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) on Wednesday that would extend the deadline for companies created or registered in 2024 to file their first beneficial ownership information (BOI) reports. The NPRM (RIN 1506-AB62) would provide 90 days for those companies to file initial reports rather than the original deadline of 30 days from the earlier of the date on which the company receives actual notice that its creation or registration has become effective or the date on which the secretary of state first provides public notice that the company has been created or registered.

  • accounting and auditing
  • business and industry
  • forensic accounting and fraud
  • practice management
  • advocacy - federal
  • boi

LinkedIn taps AI to make it easier for companies to find job candidates

October 03, 2023

The platform plans to add AI to help recruiters, sales professionals’ searching for prospects, and those conducting B2B marketing campaigns.

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

90% of Employees Say Well-Being Benefits Are Critical Factor In Choice of Company

October 02, 2023

Allocations toward employee well-being are crucial as it is directly connected to productivity, engagement, and retention.

  • business and industry
  • practice management