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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 to Host Public Roundtable on Proposal to Improve Disclosures around Income Statement Expenses

The Financial Accounting Standards Board (FASB) will host a public roundtable on its July 2023 proposed Accounting Standards Update (ASU).

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Accounting

Finance Pros Turn Focus from Growth to Cost Control, Says CFO Survey

Finance leaders ranked talent shortage (43%), pace of technology change/digital disruption (40%) and high inflation (38%) as the top risks facing their businesses.

Firm Management

Schneider Downs Wealth Management Names New CEO

Eichelberger has more than 25 years of experience in the financial services industry, and he has a lengthy history of advising high net worth individuals, foundations, endowments and retirement plans.

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Accounting

CFOs Say Talent Shortage is Pushing Adoption of AI

Eight in 10 (81%) CFOs report a talent shortage in accounting roles, which sparks concerns over the future of financial departments.

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Accounting

AP Automation Company Stampli Nets $61M in VC Funding

This latest funding round takes the total amount raised by the company to over $148 million.

Taxes

Three Complex Tax Issues Businesses are Facing Now

There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.

Accounting

Hundreds of Illinois CPAs Participate in Annual Day of Service

Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. 23, 2023, with others still planning activities later this fall.

Accounting

Association for Accounting Marketing to Hold Virtual Conference Oct. 4

Emerge allows accounting growth professionals to network and collaborate with AAM’s chain of marketing, business development, and growth strategists.

Firm Management

Massachusetts CPA Firm Venning Set to Become Largest Minority Owned Firm in U.S.

The firm merged with Agawam, Massachusetts-based accounting firm, Corbin & Tapases on September 27. The staff and clients of Corbin will join under the new Venning brand.

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Payroll

Student Loan Payments Resume for Millions of Americans

Individuals with federal student loans must begin planning to start repaying these debts for the first time in more than three years.

Accounting

Sikich Acquires Technology Firm Four Leaf LLC

Four Leaf leverages modern Software as a Service and Platform as a Service solutions to help government entities maximize scalability and extensibility for their mission critical systems.

IRS Website

Taxes

IRS Adds Features to Tax Pro Account for Managing Client Authorizations

New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.