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The CPA's Cybersecurity Imperative

May 10, 2022

Cyber incidents continued their upward trajectory in 2021 – once again breaking records and setting the stage for an even more active 2022, with geopolitical events contributing to an already heightened threat level. And in this environment, CPA firms – which accelerated their digital transformation during the pandemic – are particularly vulnerable to an attack.

  • practice management
  • technology and cybersecurity

The M&A Outlook in 2022

May 07, 2022

Accounting firm mergers will likely remain high in 2022, as firms look for solutions to high employee turnover and other challenges posed by the COVID-19 pandemic. In this article, CPA Dan McMahon explains why M&A in 2022 will provide firms with a great opportunity for succession planning.

  • practice management

PwC US announces $2.4B employee investment

May 06, 2022

Big Four firm PricewaterhouseCoopers announced My+, a new three-year, $2.4 billion program to overhaul employees' benefits and professional experience, on Friday.

  • member news
  • practice management

Bonnie Stewart Honored with Hartford Business Journal Women in Business Award

May 05, 2022

CTCPA Executive Director and CEO Bonnie Stewart was named to the Hartford Business Journal's 2022 "Top 25 Women in Business" list.

  • member news
  • press room

Best Practices in Supply Chain Planning

May 04, 2022

Supply chain planners can prepare for uncertainty by implementing best practices and using the right automation tools to make the job easier. Here, Alessio Lolli of Wolters Kluwer offers his tips for understanding the type of uncertainty your organization faces and finding the appropriate forecasting method.

  • business and industry

Is Your Firm 'Merger-Ready'?

April 29, 2022

Accounting firm mergers require a clear definition of success on both sides in order to be successful. In this article, Bill Carlino explains the questions that both buyers and sellers should ask themselves before making this huge decision toward a firm's growth strategy.

  • practice management

Post-pandemic, KPMG CEO stresses staff communication, feedback

April 22, 2022

The sudden wholesale shift to remote work brought on by the COVID-19 pandemic required accounting firms to significantly upgrade the manner and frequency with which they communicate with staff — and for some, like KPMG US, this sudden change in staff communication didn't reflect a flash in the pan, but rather the start of a feedback overhaul.

  • member news
  • practice management

The Best Ways to Market Your Valuation Services

April 22, 2022

Valuation services can be a great way to grow your firm, as long as you market these services using proven strategies. Here, Lee Frederiksen of Hinge Marketing explains why you should consider a new approach to marketing and implement the strategies that high growth firms use to earn new clients.

  • practice management

As finance's role grows, communication skills are more vital

April 20, 2022

Nearly 90% of nonfinance members of the C-suite believe the finance function's importance has grown in the past two years, and finance leaders themselves are spending more time collaborating with those outside of finance.

  • career resources
  • practice management

Why Does Excel Survive in Finance Departments?

April 12, 2022

Microsoft's spreadsheet still dominates corporate finance, for plenty of good reasons.

  • business and industry
  • technology and cybersecurity

How to Have Tough Conversations with Clients

April 11, 2022

If having conversations with your clients about pricing or billing is a challenge, committing to having these discussions might be the first step. Here, Jim Boomer, CEO of Boomer Consulting, provides a few tips for sharpening your soft skills to create an intentional dialog with clients who need reassurance or help facing their financial fears.

  • practice management
  • federal tax

IRS commissioner to senators: ‘Our efforts are working'

April 08, 2022

IRS Commissioner Charles Rettig updated members of the Senate Finance Committee Thursday on the Service's performance in the soon-to-be-concluded tax filing season, as well as longer-term assessments of its efforts to modernize its operations, fill staffing gaps, and improve taxpayer service and enforcement.

  • practice management
  • federal tax

The Hartford sets goal of net zero greenhouse gas emissions by 2050

April 08, 2022

Property and casualty insurer The Hartford says it will work toward cutting greenhouse gas emissions connected to its businesses and operations to net zero by 2050.

  • member news

Marketing Yourself as a Sole Practitioner

April 06, 2022

Increasing one’s revenue is very subjective in nature. There is also much tailoring of your details to your goals, which can be an admixture of marketing and personal preferences, such as liking one type of work. For sole practitioners, there is often myriad considerations in this regard.

  • career resources
  • practice management

Remote or the office: Striking the right balance

April 06, 2022

A recent FM magazine podcast guest offers guidance on redesigning work, and the workplace, after the upheavals of the pandemic.

  • business and industry
  • career resources
  • practice management

The War for Talent: 6 Ways Small Companies Can Compete With Big Businesses

April 06, 2022

Smaller companies can still go head-to-head with the big guys to attract and retain top finance talent.

  • business and industry
  • career resources
  • practice management

Retaining Employees After a Difficult Tax Season

April 04, 2022

Employees are feeling more burnt out than ever because of the COVID-19 pandemic, and accountants and CPAs are no exception. In this article, Allison Irvine of LHH Recruitment Solutions explains how companies and firms can stay ahead of the great resignation by creating a workplace culture that encourages flexibility and rewards employees with benefits that matter to them.

  • career resources
  • practice management
  • federal tax

8 Ways CPAs Can Leave a Lasting Legacy

April 03, 2022

Most people want to leave a lasting legacy, and CPAs are no exception. In this article, Joseph Graziano, vice president and wealth management partner at FFP Wealth Management, offers eight strategies CPAs can use for themselves as well as clients. Whether you use a donor advised fund or a charitable remainder trust, leaving a legacy will make a lasting impact on those around you.

  • personal financial planning
  • practice management

CFOs: Unfilled Jobs Negatively Affecting Revenue, Operations

March 31, 2022

Hiring difficulties are forcing some companies to explore labor-saving technologies and extend existing employees' hours.

  • business and industry
  • career resources

Companies say they will pay more to recruit and retain staff

March 30, 2022

More organizations are offering pay increases, flexible working arrangements, and signing bonuses in an attempt to recruit and retain staff in the midst of the Great Resignation.

  • business and industry
  • career resources
  • practice management