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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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Accounting Standards

Representatives from U.S. and Japan Accounting Boards Meet

They provided updates on their respective activities and discussed agenda items in which both boards have interest, such as the accounting for environmental credit programs and improving the Post-implementation Reviews process.

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Small Business

Half of Small Businesses are Challenged by Lack of Sufficient Financial Literacy

Despite 55% of small business owners rating their financial literacy as ‘high’, half (50%) actively face fiscal challenges in their business due to a lack of it; 15% of those respondents have not yet recovered.

Accounting

Accounting Pipeline Diversity Symposium Provides Learning, Mentorship Opportunities

Professionals will be learning and working collaboratively on strategies and best practices for maintaining a strong and diverse talent pool for the profession.

Accounting

Xero Showcases New Tech and Integrations at Xerocon 2024 Conference in Nashville

Small business accounting technology maker Xero opened its annual Xerocon event in Nashville, Tennessee, on Wednesday, hosting more than 1,000 accounting professionals, financial advisors, and business consultants.

Small Business

Xerocon is On: 2024 Event Being Held in Nashville

XeroCon 2024 is underway in Music City USA. One of the world’s largest makers of small business accounting and management technology, Xero is hosting it’s annual user and networking conference this year in Nashville, Tennessee.

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Payroll

New Report Shows Benefits Are a Key to Staff Retention

Most workers at small (71%) and large companies (63%) have struggled to save long-term for emergencies or retirement because of medical costs.

Small Business

Survey of Main Street Accountants Signals Turbulence for Small Businesses

Main Street accountants are providing cautionary advice to small businesses amidst uncertain or deteriorating business and economic conditions.

Auditing

Internal Audit as a Critical Component of ESG Strategy

Internal auditors are able to assess processes to ensure that they are efficient and contain appropriate internal controls to mitigate relevant risks while ensuring regulatory compliance.

Advisory

Financial Cents Launches $9 per Month Practice Management Option

The plan is designed specifically for solo practitioners who need streamlined, accounting-focused workflow tools without the complexity or cost associated with larger platforms.

Small Business

U.S. Farmer Economic Optimism Increases

Reflecting the signals from the Federal Reserve that interest rates have peaked, only 17% of respondents cited rising interest rates as a top concern, down from 23% last month.

Accounting

What Can be Done About the Accounting Talent Shortage?

The National Pipeline Advisory Group (NPAG), an independent advisory group convened in response to an American Institute of CPAs (AICPA) governing Council resolution, has released its final report of recommendations to address the accounting talent shortage.

Payroll

Report Shows Hybrid Work is Good for Business

A new report from The Conference Board identifies ways that businesses can not only reduce employee resistance to a hybrid model but maximize its value to the business.