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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

Digital Asset Risk and Regulatory Compliance Outlook for 2024

Looking at the next 12 months, nearly one-quarter (24.7%) of respondents believe that the number and size of digital asset risks their organizations must manage will increase.

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Taxes

AICPA Provides Recommendations on Proposed Regulations Under Section 987

The proposed regs provide a new transition rule replacing the 2016 final regulations fresh start methodology, which accounts for the unrecognized section 987 gain or loss accrued before the transition date.

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Technology

Sage Makes Commitment to Sustainability

Transform 2024 will also support Sage Foundation efforts by rallying attendees for volunteering activities.

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Payroll

80% of Employers Plan to Increase Investment in Workforce Development

The survey explored the key market factors that are shaping workforce investment decisions for U.S. businesses in the year ahead.

Accounting

Grant Thornton Uses Microsoft AI for Compliance and Risk Management

Clients can enjoy operational insights more quickly and cost-effectively, which could add up to a new level of efficiency and a path toward transformative growth.

Accounting

AICPA Submits Comments to Treasury on Tax Issues of OECD Pillar Two

The notice addresses the foreign tax credit rules and the dual consolidated loss rules, to certain types of taxes described in the Organisation for Economic Co-operation and Development GloBE Model Rules.

Accounting

Cetrom Rated as a Top Managed Service Provider in North America

This annual list honors a select group of IT Providers in North America that are driving growth and innovation in the industry.

Accounting

NetSuite Named a Leader in Midmarket Finance and Accounting Applications

The IDC MarketScape report analyzed the functional capabilities and go-to-market strategies of finance and accounting application vendors.

Small Business

CFO Confidence Rises

The majority of CFOs are confident in their ability to meet business goals related to growth, cost control, supply chain and labor needs.

Payroll

Fewer Workers are Changing Jobs

According to new research from talent solutions and business consulting firm Robert Half, only 36% of workers plan to look for a new job in the next six months, down from 49% in July 2023.

Firm Management

Hiline Acquires New York Accounting Firm Calculate

This acquisition comes on the heels of a strong year for Hiline, including an investment by Red Iron Group in September.

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Firm Management

Accounting Firms that Embrace Cloud Tech See Higher Growth, Says Survey

Advancing technologies are continuing to revolutionize processes, enhance data accuracy, and reshape the traditional roles of accountants, necessitating a greater focus on advisory services and strategic financial guidance.