News
Key Workplace Trends You Need To Know For 2024
December 18, 2023
As we near the end of 2023, many leaders and employees are asking the same question: What will the workplace look like in 2024?
What can AI do, anyway?
December 18, 2023
So, let's assume we've somehow, someway, all come to agreement on what AI is (see previous story) and is not (see previous story). Not sure how we managed to actually accomplish that, but we did, at least in this thought experiment. So we've operationalized all our variables and we can finally say we understand the fundamentals of AI.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Big companies have big hopes for 2024
November 06, 2023
The financial outlook of large-company leaders in business and industry continues to brighten.
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.