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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 Seeks Public Comment on Proposal to Improve Disclosures around Income Statement Expenses

The proposed ASU would require public companies to provide detailed disclosure of specified categories underlying certain expense captions in interim and annual periods.

Payroll

Patriot Software Launches Its Summer Product Release Roundup

The Summer Product Release Roundup incorporates a broad range of updates, each specifically designed to streamline processes...

Firm Management

Accounting Firm UHY LLP Expands into New Hampshire Market

The combination of firms was effective July 31, 2023, and brings Bigelow’s deep history in New Hampshire to UHY’s existing Northeast presence spanning nine locations in New York and Connecticut.

Accounting

New Canopy Insights Advances Practice Management Analytics with AI Features

This new feature of the Canopy platform will provide accounting professionals with powerful insights to develop deeper advisory relationships with their clients and simplify complex firm data in a few clicks.

Payroll

ADP Adds Generative AI to its Roll App to Enhance HR and Payroll

ADP is combining the power of generative AI technology, its unparalleled global workforce data, and unmatched industry expertise to help empower businesses to confidently grow.

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Firm Management

Siegel Solutions Partners with NE Paradigm, Full-Service Marketing Team

Siegel Solutions aims to leverage their expertise in strategic marketing, digital advertising, content creation, and brand development.

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Payroll

Nearly Half of Workers Surveyed Say They Are Looking for a New Job, or Will Within a Year

Compensation, benefits and remote work options are also the top elements professionals look for when evaluating job postings.

Accounting

LeaseCrunch Announces Upcoming Webinar “Preparing for the Next Phase: Ensuring Long-Term Lease Accounting Success”

This webinar, taking place on August 23 at 1:00 p.m. CDT, will explore the crucial steps to prepare for the next chapter of ASC 842 lease accounting implementation.

Accounting

AICPA Forms Advisory Group to Create Strategy to Address CPA Talent Shortage

The advisory group began meeting this month and will report on its progress at the AICPA’s Fall Council meeting in October.

Taxes

AICPA Makes Recommendations on Improving IRS Appeals

The AICPA believes that it is important that all taxpayers have convenient accessibility to an Appeals conference if they choose to do so.

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Accounting

Majority of U.S. Consumers Use Apps for Finances Before Turning to Accountants

While fintech won’t make advisors obsolete anytime soon, financial professionals need to adapt to changing consumer behavior and play up their strengths by augmenting their services.

Sales Tax

Missouri Streamlines Processes Utilizing Avalara’s Online Sales and Use Tax Rate Map

With Avalara, Missouri provides access to current sales and use tax rates as well as special item taxes like food, domestic utilities, and more in the state.