Accounting
Illinois CPA Society Diversity Report Wins Awards
The competition’s judges described the publication as “an illuminating grouping of stories that dives deep into the topic of diversity, equity, and inclusion.
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
Institute of Internal Auditors Adds Malta and Somalia to its Global Federation
The addition of these two new affiliates expands awareness of the internal audit profession in the regions and provides forums for discussing emerging topics and challenges faced by practitioners at the local level.
Accounting
Report Predicts AI will Have a Transformational Impact on Professional Work by 2028
Most respondents shared optimism around the power of AI, with 45% pinning their biggest AI aspirations on improved productivity...
Taxes
Improving Workpaper Tools and Processes Could Unlock Opportunities for Corporate Tax Professionals
A new survey shows the most urgent workflow challenges faced by tax professionals at large U.S. corporations may be alleviated by the optimization of workpapers processes and tools.
Taxes
National Land Realty Launches "Land 1031" Exchange Service
1031 exchanges continue to be popular with landowners because of their ability to maximize value for landowners while ensuring a more favorable post-tax financial outcome.
Taxes
IRS Offers Tax Filing Extensions to Hawaii Wildfire Victims
This IRS relief is available to all residents and businesses in any area designated by the Federal Emergency Management Agency (FEMA).
Small Business
Half of Businesses Aren't Prepared for Impact of ESG Risks
64% of firms say climate related threats such as climate risks to physical assets or energy transition risks represented very material risks to their firm over the last 12 months.
Accounting
Accounting Thought Leaders Discuss the Real Impact of AI on Accounting Firms
More than 20 of the profession’s thought leaders met virtually to discuss how AI will impact accounting firms and clients, and to start developing best practices firms can embrace to best optimize its potential benefits.
Payroll
Payroll Vault Partners with Oakscale to Grow Franchise Network
Payroll Vault has nearly 60 locations nationwide, providing a suite of services to support small business owners in handling payroll, HR, time and attendance tracking ...
Accounting
Wealth and Asset Management Firms Are Still Hesitant On U.S. Economy
Ongoing rate hikes, uncertain market performance, geopolitical tensions, and increased competition all contribute to overall cautious economic predictions.
Accounting
CEOs Can View Operational Resilience as an Advantage
Operational resilience is becoming increasingly important because the risk environment is evolving, with 90% of resilience professionals.
Accounting
60% of Accountants Rate Their Job Fulfillment at C or Lower
Research indicates that 60% of accountants would give their fulfillment from the profession a C or lower. Only 5% of accountants would rate their fulfillment in their job as A+.