News
Connecticut CPA Magazine Excerpt - Moving Accounts Payable and Vendor Management Functions from Paper Trails to Information Superhighway
January 06, 2022
Another year has come to a close, and a new one starts. Trends and countless surveys are showing that forcing a return to 100% in-office work will not bode well for organizations. “The great resignation” is happening in part because talented team members know that they can find employee-first organizations who understand there’s no reason to force them into an office when their work can be performed just fine (in some cases, better) remotely.
Connecticut CPA Magazine Excerpt - The FASB and the GASB: Meet the New Chairs
January 06, 2022
Meet Joel Black, Chair of the Governmental Accounting Standards Board and Richard Jones, Chair of the Financial Accounting Standards Board.
Deborah Beebe Joins Harper & Whitfield, P.C. as Manager
January 03, 2022
She has more than 20 years of both public and private industry experience providing a variety of professional services including audit, annual compliance, internal control system reviews and attest engagements.
Putting the Process Back in Automation
December 23, 2021
It's tempting to look for automation opportunities and jump right in. And while this strategy can deliver some quick wins, your firm will see better results if you create a process for innovation and a process around automation.
Connecticut CPAs Donate More Than $7,500 Plus Hundreds of Needed Supplies for Connecticut Foodshare and Connecticut Children's Medical Center at Day of Giving Event
December 01, 2021
The Connecticut Society of CPAs (CTCPA) raised more than $7,500 in monetary donations plus hundreds of needed supplies at its first-ever Day of Giving social and collection drive to benefit Connecticut Foodshare and Connecticut Children’s Medical Center.
28 Residents Graduate in 2021 Inaugural Class of Connecticut Professionals' Leadership Academy
October 15, 2021
This fall, 28 Connecticut residents graduated from the inaugural class of the Connecticut Professionals’ Leadership Academy, a program designed to strengthen leadership skills, develop and build relationships, and create a collaborative professional services community. This landmark program brings together professionals from various industries and backgrounds, including accounting and finance, law, insurance and architecture.
Meet CTCPA's Graduates of the 2021 Connecticut Professionals' Leadership Academy
October 15, 2021
This fall, 28 Connecticut residents graduated from the inaugural class of the Connecticut Professionals’ Leadership Academy, a program designed to strengthen leadership skills, develop and build relationships, and create a collaborative professional services community. This landmark program brings together professionals from various industries and backgrounds, including accounting and finance, law, insurance and architecture.
Are You Ready for the 2022 Busy Season?
September 28, 2021
Complex workloads, staffing and work/life balance, the next pandemic surge, engaging and encouraging your team, pivoting for increased profitability … Are You Ready for the 2022 Busy Season?
Connecticut CPA Magazine Excerpt - Change Leadership: Acknowledge and Assuage the Fear
September 28, 2021
Change management is a buzzword we’ve heard a lot during the technological revolution. We all probably have our own idea about what it means – and the feelings it elicits.
Connecticut CPA Magazine Excerpt - To Thrive in the Future, Finance and Accounting Must Embrace Diversity, Equity, and Inclusion
September 28, 2021
America is changing. According to the 2020 Census, the proportion of the population identifying as white alone has fallen below 60%. The future of our workforce will be more racially and ethnically diverse. This demographic shift coincides with greater consciousness around Diversity, Equity, and Inclusion (DE&I) and extends to women and persons of other underrepresented demographic groups.
Whittlesey Names Gabriel Rosado Manager
September 10, 2021
Whittlesey, a leading assurance, advisory, tax, and technology firm, is pleased to announce the promotions of Gabriel Rosado, CPA to manager.
New Record Retention Requirements for Connecticut CPAs
August 18, 2021
The bill requires CPAs to keep work product and workpaper related to work for a client for at least seven years after creation unless the law requires a longer retention. Current law only specifies that CPAs must retain workpaper as required by law.
Connecticut CPA Magazine Excerpt - Tech-Driven Audit Approach: What You Need to Know
July 12, 2021
Deciding on the best audit approach isn’t a cookie-cutter process. While a long-standing relationship with a client or in-depth industry knowledge can give auditors a leg up, defining an effective audit approach requires careful consideration and planning for every engagement.
Connecticut CPA Magazine Excerpt - The FASB and the GASB: Meet the New Staff Leaders
July 12, 2021
Meet Alan Skelton, Director of Research and Technical Activities for the Governmental Accounting Standards Board and Hillary Salo, Director of Technical Activities and Chair of the Emerging Issues Task Force for the Financial Accounting Standards Board.
Professional services tax proposals discussed in multiple states
June 21, 2021
Taxation of CPA services was a hot topic in several state legislatures this year as states sought to fix expected revenue shortfalls.
CTCPA Elects 2021-2022 Leadership
May 10, 2021
The Connecticut Society of Certified Public Accountants (CTCPA) has elected and installed its Board of Directors for the 2021-2022 activity year as follows:
CTCPA Members Celebrate Black History Month, Black CPA Centennial
February 22, 2021
Twenty-five years after the first CPA certificate was granted in the United States, John W. Cromwell, Jr. became the first black CPA. This year marks the 100th anniversary of that achievement.
Financial Planning Lessons for Turbulent Times
December 21, 2020
Looking back over a tumultuous year, we learned the value of cool heads and steady hands. After dealing with the ups and downs of the pandemic, the economy, the election and political and civil unrest, I marked some broader lessons we can glean and implement in our financial planning for 2021.
Cynthia Calderon Speaks on National Panel About Barriers for Minority Accounting Students: Watch the Video
December 09, 2020
Cynthia Calderón, a tax senior at CohnReznick in Hartford, was one of three featured panelists in the CPA/SEA’s December 7 “Panel Discussion on Understanding Barriers for Minority Students in Accounting.” Cynthia, who serves as the co-chair of the CTCPA’s Diversity, Equity, and Inclusion Initiative, shared her story with CPA society executives to open their eyes toward the struggles and challenges facing minority accounting students in their quest toward becoming a CPA.
Senate Democrats Call For Expanding Connecticut's Paid Sick Leave Law
February 02, 0024
Senate Democrats are once again hoping to expand the state’s paid sick leave program to cover more workers during the upcoming legislative session.