Accounting August 22, 2023
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...
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
Accounting August 22, 2023
Most respondents shared optimism around the power of AI, with 45% pinning their biggest AI aspirations on improved productivity...
Taxes August 21, 2023
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 August 21, 2023
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 August 19, 2023
This IRS relief is available to all residents and businesses in any area designated by the Federal Emergency Management Agency (FEMA).
Small Business August 18, 2023
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 August 17, 2023
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 August 17, 2023
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 August 17, 2023
Ongoing rate hikes, uncertain market performance, geopolitical tensions, and increased competition all contribute to overall cautious economic predictions.
Accounting August 17, 2023
Operational resilience is becoming increasingly important because the risk environment is evolving, with 90% of resilience professionals.
Accounting August 16, 2023
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+.
Payroll August 16, 2023
The vast majority of large U.S. employers currently offer nonqualified retirement plans to executives and high-income earners.
Accounting August 16, 2023
Accounting firms spent almost four-times as much implementing Artificial Intelligence (AI) systems in the past year as law firms and other professional services organizations.