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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

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.

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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.

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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.

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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.

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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.

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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.

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.