Accounting
IASB Seeks Input for Review of Accounting Standard on Revenue
The accounting standard was developed jointly with the U.S. Financial Accounting Standards Board and came into effect in 2018.
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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Firm Management
Cherry Bekaert Launches Employee-Led Non-Profit Foundation
The firm's partners have pledged more than $1M to stand up the foundation and support charitable causes and the advancement of the organization.
Accounting
CLA Kicks Off High School Summer Intern Program
The number of young people choosing careers in accounting is declining and CLA is leading the charge to reach students even earlier as they contemplate future careers.
Payroll
U.S. Employers Expect 4% Payroll Increases in 2024
Though down from the actual increase of 4.4% in 2023, the numbers remain higher than the 3.1% salary increase budget in 2021 and years prior.
Accounting
Ledgible Launches NFT Suite - NFT Management, Portfolio Tracking, & Accounting Software for NFTs
This new offering seeks to bolster the growing and thriving NFT space, providing industry-leading tax and accounting software for NFTs and a full-service portfolio and tracking tool.
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Accounting
Key O'Keefe, CPA Elected Chair of FICPA
O’Keefe has also spent the last 20 years working with Junior Achievement, a nonprofit focused on providing financial literacy, career education and entrepreneurship.
Accounting
Top West Virginia CPA Firm Announces Merger
Suttle & Stalnaker, West Virginia’s largest locally owned CPA firm, has merged with Huntington-based Somerville & Company, PLLC, effective August 1, 2023.
Accounting
Salesforce Expands Net Zero Cloud with ESG Report-Building Feature
The latest addition to Net Zero Cloud, this new feature empowers organizations to automate the disclosure of environmental, social, and governance (ESG) data.
Accounting
New Jersey Society of CPAs Opens 2023 Ovation Award Nominations
The Ovation Awards were created to recognize outstanding accomplishments, selfless volunteerism, impactful commitment and a lifetime of dedication to the accounting profession.
Taxes
AICPA Recommends Changes to IRS Form 706-GS (D-1)
Form 706-GS(D-1) is used by trustees to report certain distributions from a trust that are subject to the generation-skipping transfer tax (GSTT).
Taxes
AICPA Voices Support for Tax Deadline Simplification Act
The AICPA supports altering the due dates for estimated tax payments, stressing that it would be better to more closely tie payment due dates to the normal quarter date, which is traditionally 15 days after the quarter end.
Accounting
Geni Whitehouse, CPA, Appointed President of Information Technology Alliance
Whitehouse has a full docket of ITA initiatives to oversee as she takes the helm, including planning and upscaling the Spring and Fall Collaborative meetings.