News
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.
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?
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.
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.
Flexibility at work: More companies move away from in-office model
January 30, 2024
A shift away from fully-in-office jobs continued over the last year, and the trend may well continue, based on research revealing that the large majority of recently formed companies are adopting flexible workweeks.
Notable gaps between what Gen Z expects and what employers offer
January 29, 2024
Employers in a global survey see a significant gap between employee pay expectations and planned pay, fuelling flight risks for companies.
With AI, no more 'wait and see'
January 29, 2024
There's a notable shift in the perception and acceptance of artificial intelligence unfolding within the accounting profession, as a growing number of firms explore the various applications of AI and generative AI, and the improved efficiencies and competitive edge to be gained from them.
Sustainability incentives: A bonus for company leaders
January 26, 2024
More than four in five companies in a global study offered ESG-related executive incentives in 2023, up from two in three companies just two years ago.
BOI reporting and unauthorized disclosure penalties increased
January 25, 2024
Inflation adjustments have significantly increased the civil monetary penalties for violating the beneficial ownership information (BOI) reporting rules and for the unauthorized disclosure or use of BOI. The rules requiring the reporting of BOI just went into effect this month.
5 Risks for CFOs to Manage in 2024
January 24, 2024
Prevalent threats range from a contentious presidential election and expectations for a benign end to inflation to the hazards of adopting generative AI.
ESG needs business – not just environmental – focus
January 24, 2024
Richard Spencer, ICAEW’s director of sustainability, talks to Neil Cutting about the need for finance leaders to view sustainability through a business lens.
As excitement about Gen AI grows, can companies keep up?
January 23, 2024
Generative artificial intelligence (Gen AI) is a fast-moving train. Perhaps that's why many companies seem unsure about when to hop onboard.
Cybersecurity poses present and future challenges, report finds
January 16, 2024
Present and long-term concerns about cybersecurity are top of mind for C-suite executives around the world, a new report from global consulting firm Protiviti found. Cyber threats have climbed the ranks of the annual report's global risks, going from 15th place last year to third in 2024, and up from 13th to the top risk facing organisations 10 years out.
2024 Workplace Outlook: Office Space, Remote Work, and AI
January 12, 2024
CFOs from Trusted Media Brands and Komprise share their takes on what work will look like in 2024.
IRS provides initial guidance to employers setting up emergency savings accounts for their employees
January 12, 2024
The Internal Revenue Service today issued initial guidancePDF to help employers with implementation of pension-linked emergency savings accounts (PLESAs). Authorized under the SECURE 2.0 Act of 2022, PLESAs are individual accounts in defined contribution plans and are designed to permit and encourage employees to save for financial emergencies.
Employee or independent contractor? DOL issues new guidance
January 10, 2024
A new U.S. Department of Labor (DOL) rule offers guidance for employers related to determining whether to classify a worker as an employee or independent contractor under the Fair Labor Standards Act (FLSA). The DOL said the new regulation (RIN 1235-AA43), published in the Federal Register on Wednesday, returns to an "economic reality test" for determining workers' status under the FLSA.
Are You Exempt from Reporting Under the Corporate Transparency Act?
January 09, 2024
The beneficial ownership information reporting rule implementing Section 6403 of the Corporate Transparency Act (CTA) became effective on January 1, 2024. Under the CTA, every “reporting company” must file a beneficial ownership information (BOI) report with the U.S. Financial Crimes Enforcement Network (FinCEN). With the CTA now in effect, many will face the threshold question: “Does my entity need to file a BOI report?”
Employees ‘unsure' of company ethics guidelines for AI
January 02, 2024
Emerging technologies continue to divide opinion, says a global report, with employees simultaneously seeing potential for social good and ethics missteps.
6 Tips to Successfully Transition to a Small Business CFO Role
January 01, 2024
Building relationships, assessing the financial situation, and getting to know the business are key when transitioning into a new CFO role at a small business.
FREE Access to Universal CPA Review for CTCPA Members Until Aug. 1, 2024
January 01, 2024
Tired of dry, text-heavy CPA review materials? We've got you covered! The Connecticut Society of CPAs is thrilled to announce a new exclusive partnership with Universal CPA Review! As a valued member of CTCPA, you can now study for FREE with Universal CPA Review's comprehensive CPA review course until August 1, 2024!