Accounting
CFOs Focused on Workforce Growth and Technology
Because finance leaders are pushing hard for revenue growth in an environment where discretionary spending is tight, they are increasingly focused on cost optimization.
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 Launch Climate Accounting Resource
Their aim is to help organizations consider sustainability issues, guide how to integrate them into their long-term decision-making, and how to incorporate these issues into internal and external reporting.
Firm Management
FORVIS Acquires Thales Consulting
Thales Consulting is based in Marquette, Michigan. A total of eight team members will transition to FORVIS, including Thales President Joe Stimac, who will be joining the firm as a director.
Payroll
74 Percent of Americans Have Financial Regrets: Most Commonly Is Not Saving Enough for Retirement
Overall, just 20% of U.S. adults say they do not have any financial regrets, while 6% say they don’t know what their biggest financial regret is.
Accounting
Tech Tune-Up: Artificial Intelligence and its Role in the Tax and Accounting Profession
Kepczyk discusses how Intuit’s own role and use of AI is already helping tax and accounting professionals reconcile accounts, input data, create financial reports, and so much more.
Taxes
IRS Ends Unannounced Visits by Agents
Effective immediately, unannounced visits will end except in a few unique circumstances and will be replaced with mailed letters to schedule meetings.
Accounting
AICPA Introduces Strategy Planning Toolkit for Accounting Firms
Developed by the AICPA's Private Companies Practice Section (PCPS), this comprehensive toolkit empowers firms of all sizes to create a shared vision for the future of their organizations.
Accounting
Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion
The man was sentenced to five years in prison for paying bribes to two city of Atlanta officials in exchange for steering city business worth millions of dollars to his company.
Small Business
Retail Sales Grew in June
The U.S. Census Bureau announced that overall retail sales in June were up 0.2% from May and up 1.5% year over year. In May, sales were up 0.5% month over month and up 2% year over year.
Taxes
Vertex Indirect Tax Determination Solution is Now an SAP Endorsed App on SAP Store
Endorsed Apps are selected by SAP for the value they provide to their customers and the proven ability to deliver desired outcomes.
Accounting
Mastercard Introduces Receivables Manager for Virtual Card Payments
Mastercard Receivables Manager enables acquirers to quickly get-to-market and empowers suppliers to receive virtual card payments with simplicity and ease.
Accounting
Apex Group Expands Financial Services Presence in Japanese Market
The acquisition follows Apex Group’s longstanding partnership with AXESS to service real estate and private equity clients in Japan.