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11 Hiring, Recruiting, and Talent Acquisition Trends on the Rise in 2024

December 14, 2023

With 2024 here, finding and keeping talent remains a top priority for many business leaders. That's largely due to lasting impacts on the professional landscape over the past few years: many employees are continuing to reevaluate their priorities and values, emerging Gen Z workers are making business owners evaluate benefits and recruitment strategies, and mass resignations and a highly competitive talent marketplace have created both challenges and opportunities for employers.

  • business and industry
  • career resources
  • practice management

IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents from 2023

December 14, 2023

The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

  • business and industry
  • personal financial planning
  • practice management
  • federal tax

Cybersecurity for CPAs: Don't leave the door open

December 13, 2023

As accounting firms are increasingly targeted with cyberattacks, cybersecurity has become essential for every professional. Between data breaches, phishing attacks and malware, criminals are going after the sensitive financial data held by accountants. Modern accountants, then, must take their cyber defenses seriously for the sake of themselves and their clients.

  • business and industry
  • practice management
  • technology and cybersecurity

The Big Change Coming to Connecticut Unemployment Compensation Law

December 12, 2023

Effective Jan. 1, 2024, an employee’s receipt of severance pay will now result in disqualification from receiving unemployment compensation benefits for the period of time covered by the payment.

  • business and industry
  • practice management
  • state tax
  • advocacy - state

More CPA decision-makers hesitate to hire amid economic concerns

December 07, 2023

Following a partly sunny summer forecast for the U.S. economy, the outlook among CPA decision-makers again clouded in the latest quarterly survey released Thursday by AICPA & CIMA, together as the Association of International Certified Professional Accountants.

  • business and industry
  • practice management

9 in 10 Finance Leaders Knowingly Making Decisions Off Bad Data

December 06, 2023

Most finance teams are aware of poor data quality, but still use it to make decisions, according to a new survey.

  • business and industry
  • technology and cybersecurity

Navigating an uncertain 2024 — and beyond

December 01, 2023

Finance can stay prepared for a potentially bumpy 2024 by focusing on controllable factors, being agile, and carefully managing cash, capital, and expenses.

  • business and industry

2023's major trends in accounting tech: Cloud, automation, AI and more

November 29, 2023

Since March, when the weekly Vendor Spotlight feature first launched, we have showcased 34 accounting solutions providers of all shapes and sizes — a wide variety of companies that, despite their differences, all focus on providing the tools that have become a necessity for any professional looking to guide their clients through the slings and arrows of this outrageous modern economy.

  • business and industry
  • practice management
  • technology and cybersecurity

FinCEN extends BOI reports deadline for certain companies

November 29, 2023

Treasury's Financial Crimes Enforcement Network (FinCEN) issued a final rule (RIN 1506-AB62) Wednesday extending the deadline for companies created or registered in 2024 to file initial beneficial ownership information (BOI) reports to 90 calendar days from the original 30 calendar days.

  • business and industry
  • practice management
  • boi

What Is HR Analytics and How Can It Help Your Business?

November 21, 2023

Human resources (HR) analytics offers the opportunity to evaluate HR strategies using quantifiable metrics. Also referred to as people analytics or workforce analytics, HR analytics collects and examines data to help assess the performance of the human resources functions within a company.

  • business and industry
  • career resources
  • practice management

95% of Accountants Satisfied With Current Role

November 20, 2023

Good pay, global job opportunities, and job security topped the list of reasons, according to a ShareFile survey of accountants.

  • business and industry
  • career resources
  • practice management

Demand for GenAI Skills Explodes in 2023

November 20, 2023

More than 10,000 jobs seeking wherewithal in generative AI have been posted so far this year.

  • business and industry
  • practice management

Gen Z Set to Outnumber Baby Boomers in the Workforce

November 16, 2023

Pivotal culture changes are ahead, as Gen Z workers become a more dominant presence in the workplace.

  • business and industry
  • career resources
  • practice management

Companies With Flexible Remote Work Policies Outperform On Revenue Growth: Report

November 14, 2023

mployees frustrated with their CEOs’ return-to-office mandates have tried arguing that remote work is linked with greater productivity. That it helps the environment with fewer commutes and improves diversity by broadening the talent pool. Now, they may have another argument to get their CEOs’ attention: Higher revenue growth.

  • business and industry
  • practice management

Connecticut Small Business Boost Fund – Low-Interest Loans Tailored to Small Businesses and Nonprofits

November 09, 2023

The average small business loan interest rates range from 5% to more than 11%. High-interest rates and limitations on traditional loans can impede small business owners’ ability to borrow money to reinvest in or expand their businesses. Supported by the Connecticut Department of Economic & Community Development (DECD), the Connecticut Small Business Boost Fund is focused on helping small businesses and nonprofits thrive. This low interest, fixed 4.5%, loan program provides access to flexible funding for capital expenditures and working capital and connects business owners with free support services. Supported by the Connecticut Department of Economic & Community Development (DECD), the Connecticut Small Business Boost Fund is focused on helping small businesses and nonprofits thrive. This low interest, fixed 4.5%, loan program provides access to flexible funding for capital expenditures and working capital and connects business owners with free support services.

  • accounting and auditing
  • business and industry
  • not-for-profit
  • advocacy - state

61% of Finance Execs Not Using AI Yet: Weekly Stat

November 08, 2023

Finance leaders are more likely to be watching and learning about AI tools versus implementing them, according to Gartner.

  • business and industry
  • technology and cybersecurity

Big companies have big hopes for 2024

November 06, 2023

The financial outlook of large-company leaders in business and industry continues to brighten.

  • business and industry

Can AI work in harmony with HR and employment law?

November 06, 2023

Within HR and employment law AI will change the way we work, but it will not eliminate the need for expert, professional advice on specialist or complex issues.

  • business and industry
  • practice management
  • technology and cybersecurity

78% of C-Suite Says Their Organization Uses AI Today: Weekly Stat

October 25, 2023

But a large majority of employees say their companies need to be more transparent about how it can improve workflows.

  • business and industry
  • technology and cybersecurity

Connecticut Releases Guidelines for CPA Exam Credits of Candidates

October 25, 2023

Connecticut has passed four directives regarding CPA Exam credit retention.

  • business and industry
  • career resources
  • practice management
  • advocacy - state