News

The accounting profession moves fast, and it can feel important for firms to continuously evolve. However, the fast-moving nature of the industry makes it even more critical for firms to step back and consider their priorities. That's the message of an upcoming session at AICPA ENGAGE 2023 led by Keila Hill-Trawick, CPA, and Carrie Steffen — two business leaders who believe there's room for change at many firms.

It’s time for finance chiefs to start evaluating their real estate through a strategic lens.

CFOs play a pivotal role in determining what sustainable business management means for their organization.

In response to feedback submitted through the exposure draft, NASBA has announced that it will adopt an increased testing window of 30 months.

Thomas Comer, CPA chuckles when he talks about his family. “I just wanted an exit strategy!” And an exit strategy he got – in spades. The managing member of Comer & Company, CPA’s, LLC currently works with his son Jonathan – also a CPA – while his wife Anne – also a CPA – works as Director of Operations with CRC Insurance Services, Inc. The couple’s eldest son, Evan, is currently a Senior Manager in KPMG’s Mergers & Acquisitions Tax practice ... and, yes, he also happens to be a CPA.

Our organization’s strength and accomplishments are thanks to the engagement and leadership of our members. In our annual report issue, we bring you our top membership benefits, latest resources, and what’s to come.

Destiny Hartmann, a tax supervisor at Fiondella, Milone & LaSaracina, LLP, was named to the Connecticut Coalition Against Domestic Violence's First 100 Plus Class of 2023.

There is a widening gap between the skills employers need and those workers have, recent AICPA & CIMA research found.

The percentage of large companies around the world disclosing and obtaining assurance on data related to environmental, social, and governance (ESG) is on the rise, but the percentage of assurance provided by accounting firms is heading in the opposite direction.

With the smallest, most tech-focused generation ever entering the workforce, experts say changes must be made to draw Gen-Z candidates.

Katherine Patnaude was recently promoted to partner at the firm.

Outsourcing is a hot topic right now for the profession as CPA firms struggle with staffing constraints. Current challenges associated with firms attracting and retaining talent are expansive and include issues such as staffing qualified professionals for complex engagements, employee burnout, unrealistic and “heavy” workloads, as well as limitations on the ability to maintain and foster high-touch client relationships.

Across the board, stakeholders charged with promoting and protecting the accounting profession are searching for solutions to a talent acquisition issue that isn't unique to the profession.

Women and racial and ethnic minorities continue their rise to executive roles, although the percentages remain low. The percentage of CFOs who are women hit an all-time high last year, and the number of female CFOs has almost doubled over the past 10 years, according to the Crist Kolder Volatility Report.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, elected Andrew Sciarra to its partnership in the Hartford Office, effective February 1, 2023. “As CohnReznick continues to expand its capabilities and market presence, recognizing the talents and achievements of outstanding professionals is critical to our growth strategy,” said David Kessler, CEO of CohnReznick. “Our newly promoted partners will serve as key leaders across our industries and service lines – each having demonstrated a strong commitment to our clients, our people, and our communities. Our 19 new partners represent the future of CohnReznick and will play a critical role in helping to advance our clients’ goals, and our own, for many years to come.”

In the field of cybersecurity, most things we do to increase security have an equally significant “opposite” effect on productivity. Simply put, they make your life harder.

Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. They're conducting "stay" or "retention" interviews with existing employees. The goal is to understand how they can be a more attractive workplace and reduce employee turnover — a top issue for many public accounting firms.

The Partners of Glastonbury accounting firm Nicola, Yester & Company, P.C. are pleased to announce a number of promotions.

Fiondella, Milone & LaSaracina, LLP (FML CPAs) has completed a merger with Bregman & Company, PC, bringing together two of Connecticut’s most well-established independent accounting firms. Following the merger, Bregman & Company, P.C., which has offices in Stamford and Avon, will operate as a division of FML.

Stacy Farber was unanimously voted in as a Managing Director at UHY LLP. Stacy joined UHY in June of 2020 and has been promoted twice during this time, now at the highest ranking position.