Small Business
Small Business Credit Card Spending Up 20 Percent Post-Pandemic
Amid inflation and high interest rates, small businesses are increasingly turning to credit cards for operational and growth expenses.
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
AICPA and CIMA to Host Women's Global Leadership Summit Nov. 13-15 in Phoenix
The summit provides the opportunity for both women and men allies to engage in sessions on leadership, diversity and best practices to enhance the skills and potential of women leaders within the accounting and finance community.
Financial Planning
Life Insurance Planning Tips for Parents and Caregivers
October is National Financial Planning Month, making it the perfect time to consider your family’s future financial well-being, including your decision of whether you need life insurance.
Automation
Finance Leaders Drive Efficiency by Automating AP and Payment Processes
With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. According to a new survey, many are turning to automation to achieve this goal.
Taxes
Corvee Releases Instead AI Tax Assistant
This latest feature gives users access to an intelligent assistant to provide insightful answers to tax-related questions.
AICPA
Accounting Firms Saw 9.1% Median Growth in Revenue in 2022
The 1,117 firms participating in the survey reported a fiscal year 2022 median growth rate of 9.1% in net revenue over the previous year, according to the 2023 National Management of an Accounting Practice (MAP) Survey.
Artificial Intelligence
Xero Adds GenAI-Driven Search Function
The use of GenAI-driven search in Xero Central leverages Coveo’s platform and works by integrating generative answers.
Firm Management
IT Auditors See Cyber Risks, Data Privacy and Talent Shortages as Top Challenges
A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up at night.
Advisory
Grant Thornton Sees Record $2.4 Billion in Revenue in FY 2023
The firm realized revenues of $2.4 billion for the fiscal year ending July 31, 2023, up from approximately $2.3 billion in revenue in 2022.
Small Business
Retail Group Sees Slowdown in Import Cargo
Consumer spending grew 1.8% year over year in the second quarter rather than the 2.3% originally estimated, and NRF said last month that retail sales for the year could come in at the low end of its forecast.
Accounting
SYSPRO ERP and SugarCRM Partner to Optimize Operations and Revenue Growth
The joint SYSPRO ERP and SugarCRM offering delivers two-way sharing of information from both platforms.
Accounting
Paystand Adds Integration with Microsoft Dynamics 365 Business Central
This integration gives Microsoft Dynamics 365 Business Central customers a modern Payments-as-a-Service mode that is fully digital and intuitive.