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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

FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative

The amendments in the ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics.

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Advisory

Financial Service Leaders Confident in Digital Fitness of Sector, But Worry Over AI

The study defines “tech anxiety” as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their business operates.

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Accounting

Thomson Reuters Launches ONESOURCE E-Invoicing for Multinationals

The platform is designed to streamline electronic invoicing management for multinational businesses who are being mandated to comply with e-invoicing regulations around the world.

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Small Business

U.S. Home Prices Surge in 2023

The four most valuable metro areas have remained largely unchanged over the past five years: New York, Los Angeles, San Francisco and Boston.

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Small Business

U.S. Economy is Resilient, Says Retail Economist

The U.S. economy is continuing to grow even as labor disputes across the country and uncertainty created by Congress add to the ongoing challenges of inflation and high interest rates

Small Business

Corporate Board Members Have Less Experience in Business Strategy

In the S&P 500, business strategy experience declined from 66 percent in 2018 to 47 percent in 2023, which matched the decline in the Russell 3000 from 65 percent to 47 percent.

Taxes

Report Claims Giuliani Owes Nearly $550,000 in Back Taxes to IRS

According to a report, former New York City mayor Rudolph Giuliani owes $549,435.26 in unpaid taxes and, as a result, the agency has placed a tax lien on a condo he owns in south Florida.

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Payroll

2024 Hiring Trends: Workers Prefer Flex Schedules, Want Pay Transparency

Evolving economic conditions have workers and employers reassessing compensation, career priorities and recruiting strategies.

Accounting

New National Research on CPA Pipeline Challenges Underway

A key focus of this survey is to understand why a growing number of accounting students and young professionals in accounting and finance careers don’t finish the CPA exam or elect to never take it at all.

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Accounting

AICPA Foundation Awards $400,000 in Accounting Doctoral Scholarships

The fellowship program provides each student with $12,000, which is renewable for up to an additional four years, contingent upon students maintaining eligibility.

Accounting

Acumatica Upgrades Business Functionality with Launch of Latest Product Update

Acumatica Payments, an integrated payment processing solution, is just one of the many new features in R2 available to all customers.

Accounting

Deluxe and Aliaswire Partner for Digital Bill Pay for Banks and Businesses

The integration of DirectBiller into the Deluxe platform amplifies its capabilities, broadens Deluxe’s outreach, and fortifies its ability to serve a more diverse range of clients.