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Isaac M. O'Bannon

Managing Editor

isaac.obannon@cpapracticeadvisor.com

Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies. Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran. Email: isaac.obannon - @ - cpapracticeadvisor.com

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Payroll

Oklahoma Man Pleads Guilty to Employment Tax Scheme

Pleaded guilty to filing a Form 941 for the first quarter of 2016, but not paying over approximately $31,010 in taxes withheld from employees’ paychecks.

Firm Management

Andersen Expands Presence in SoCal, Adds New Offices in Des Moines and Pittsburgh

The new Orange County professionals will join Andersen’s office in Costa Mesa, while the teams in Des Moines and Pittsburg will be a part of the Chicago Metro and New York Metro practices

Accounting

IIA Opposes New PCAOB Standard Proposal’s Anti-Internal Auditor Language in Comment Letter

The comment letter notes that the proposed change in the standard is presented without any apparent explanation or evidence for the need for such a change.

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Accounting

Illinois CPA Society Accepting Scholarship Applications

the Illinois CPA Society and CPA Endowment Fund of Illinois are now accepting applications for more than 40 scholarships ranging from $1,000 to $4,000 each that will be awarded for the 2023-2024 academic year.

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Accounting

AvidXchange Launches AvidAnalytics, A Business Intelligence Tool for the Middle Market

These tools within the BI solution provide increased visibility into the AP process, versus traditional manual methods, by featuring the organization’s purchase orders, invoices and pay data...

Accounting

EisnerAmper Names LPGA Star as Brand Ambassador

Paula holds 12 LPGA titles, including the 2010 US Women’s Open. She was also a member of seven Solheim Cup teams, with her U.S. team winning five Cup titles.

Firm Management

BKR Adds Members in Cyprus and Belgium

BKR International has announced an increase in its European presence with new member firms in Cyprus and Belgium.

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Small Business

Retailer Association Sees Growth in 2023, Says Recession Unlikely

The labor market is cooling as some major companies, particularly in technology, announce layoffs, but small businesses are continuing to hire and the December unemployment rate was at a 50-year low of 3.5%.

GASB

Accounting

GASB Proposes New Guidance for Subscription-Based IT Services

If cleared as final implementation guidance, the question and answer in this supplemental Exposure Draft will be added to previously exposed questions and ...

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Payroll

ADP Says 107,000 Jobs Added in January; Salaries Up 7.3%

Private sector employment increased by 106,000 jobs in January and annual pay was up 7.3 percent year-over-year, according to the January ADP National Employment Report.

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Firm Management

CBIZ Acquires Top 100 Accounting Firm Somerset

Somerset has been providing accounting, tax, and financial advisory services to clients in a wide array of industries for more than 60 years.

Firm Management

SobelCo Team Members Join CLA, Establishing New Jersey Offices

The New Jersey accounting firm SobelCo has joined CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the United States, effective February 1, 2023.