News

The SEC approved a PCAOB standard that establishes a risk-based quality control system for public accounting firms.

Will we ever see accounting being taught in schools? Early-stage CFO Bradley Channer – a driving force behind the movement – is optimistic it’ll happen.

At the firm's annual state-of-the-firm and company picnic on August 29, Burzenski & Co. recognized the 40th employee anniversary of Partner Melody Mann Fox, CPA.

The Innovative CPA Group (ICG) is honored to share the ongoing community involvement of our partner, Scott Mitchell, CPA and Sal Chieffalo, CPA. As dedicated members of the Immaculate High School Alumni Association, Scott and Sal are currently serving as golf co-chairs for the organization’s 35th annual golf tournament. This year marks their fourth year leading this esteemed event, which serves as a major fundraiser for the school, providing crucial tuition assistance for future students at Immaculate High School.

CTCPA members Jenna Allegretto and Zachary Hunter were recently named partners at Marcum LLP. Jenna is a Partner in the Assurance Services Group of Marcum’s New Haven office, while Zach is Zachary Hunter is a Tax and Business Services Partner in the firm’s Hartford office.

Whittlesey, a leading accounting, advisory, and technology firm, is pleased to announce that we have been named a 2024 Best of the Best Firm by INSIDE Public Accounting (IPA) for the third consecutive year, a respected publication within the public accounting industry. This year, Whittlesey proudly remains the only New England firm to earn this prestigious recognition.

Several CTCPA members were named to the 2024 Hartford Business Journal's "40 Under Forty" list.

Pete Gioia, the former longtime economist of the Connecticut Business & Industry Association, has died, according to CBIA President and CEO Chris DiPentima.

The Internal Revenue Service today issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loan obligations through Dec. 31, 2025.

Organisations should consider addressing management practices and age-inclusion policies to retain talent across generations.

Brian May, CFO of food service company Nicholas and Company, offers a unique CFO perspective on the lessons he learned during a major digital overhaul.

Increased turnover, driven by a trend toward shorter tenures, is creating more opportunities for aspiring leaders to step into CFO roles at public companies, and women are filling those roles at an elevated level.

On May 28, 2024, Governor Ned Lamont signed legislation expanding Connecticut’s 2011 Sick Leave Law. The new legislation is effective on January 1st, 2025. The law covers more employees, expands the reasons under which employees may use paid sick leave, and reduces the required hours to accrue paid sick leave.

Next Gen Personal Finance, CT Financial Scholars provide professional development to help schools meet new requirements.

FEMA announced today that federal disaster assistance is available to the state of Connecticut to supplement response efforts due to emergency conditions resulting from severe storms, flooding, landslides and mudslides beginning on Aug. 18, 2024, and continuing.

As artificial intelligence quietly transforms the accounting industry, we look at how it has evolved and the changes it has brought to everyday tasks, with this feature forming part of our special editorial report on the subject, in association with Sage.

Marcum's National Matrimonial and Business Valuation Industry Leader Kenneth J. Pia, Jr. coauthored three chapters in "The Third Edition of Shannon Pratt’s The Lawyer’s Business Valuation Handbook: Understanding Financial Statements, Appraisal Reports, and Expert Testimony," which is being released in August 2024. Ken was also a technical reviewer of the handbook and an active member of the publishing committee.

C-suite leaders in a global survey say generative AI has influenced their business models, improved customer relationships, and cut business costs.

An AICPA letter supported by every state CPA society and numerous other accounting stakeholders asks the Department of Homeland Security (DHS) to add accounting to the department's STEM Designated Degree Program List.

Sacred Heart University accounting professors Paul N. Iannone, Benoit Boyer, and Danny A. Pannese released “Tri-State Accounting Student Insights: A 2023 Regional Survey of Accounting Students on the CPA Exam and the Public Accounting Profession.”