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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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Financial Reporting

Two-Thirds of U.S. Financial Services Execs Lack the Right Data Environment to Use AI Effectively

Among heads of operations within the U.S. financial services sector, roughly 50% are unable to access real-time data, and two-thirds have legacy data environments that aren’t suited to AI.

Accounting

Prosperity Now Announces 'Prosperity Next': A Tech Partnership with Change Machine and Credytu to Revolutionize Financial Inclusion

With “Prosperity Next,” Prosperity Now is not only enhancing its role as a market leader, but also spearheading efforts to create a more inclusive financial system.

Firm Management

CohnReznick to Move Its Dallas Office Location

The 12,000+ square foot space will be within The Star District which includes many shops and restaurants as well as the Cowboys Ring of Honor Walk. The location is directly across the street from the Cowboys headquarters and practice facility.

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Small Business

Businesses Should Have a Disaster Readiness Plan in Place

Taxpayers can begin getting ready for a disaster with a preparedness plan that includes protecting and duplicating essential documents, creating lists of property and knowing where to find information if needed.

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Small Business

Consumer Confidence Rose Slightly in August

Average 12-month inflation expectations dropped to 4.9% in August—the lowest since March 2020 and consistent with slower overall inflation and declines in some goods prices.

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Payroll

Job Growth Remains Steady, But Wage Growth Slows at Small Businesses

The Midwest remained the top region for small business employment growth for the third consecutive month.

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Small Business

Realtors Say Pending Home Sales Dropped 5.5% in July

Pending home sales in July retreated 5.5%, according to the National Association of Realtors. All four U.S. regions posted monthly losses in transactions.

Firm Management

One-Fourth of Accounting Professionals Want More DEI Activity

Research shows 25% want to increase to “active” or “highly active” roles in implementing initiatives in diversity, equity, and inclusion.

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Payroll

U.S. Companies Turn to Global Talent Pool as Accountant Shortage Hits Crisis Point

While this shift towards international hiring is evident across industries, the U.S. has been the largest contributor to Multiplier’s international hires, accounting for 80% of the accounting positions filled through the platform in recent years.

Accounting

The 2024 Tax and Accounting Technology Innovation Awards Announced

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. Now in their 21st year, the awards highlight technologies that advance the profession.

Accounting

IRS Advance Notice - 2024 Innovation Award Finalist

IRS Advance Notice was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.

Accounting

Instead Pro from Corvee - 2024 Innovation Award Finalist

Instead Pro from Corvee was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.