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Accounting

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

July 17, 2026  

AI Is the Ultimate Accounting Assistant – Accounting Technology Lab Podcast – July 2026

July 17, 2026  

Federal Cybersecurity Mandate Suspended: What the CMMC Pause Teaches Firms About Protecting Client Data

July 17, 2026  

831(b) Institute to Host Free CE Event in Chicago

July 16, 2026  

How Small Businesses Can Build Local Partnerships to Grow and Thrive

July 16, 2026  

Luxury Liabilities: Serving High-Net-Worth Clients
retail-apparel-Pixabay-Pexels-g1c60c2068_1280

Small Business May 16, 2023 

Retail Sales Rose in April as Consumers ‘Remained Engaged’

The U.S. Census Bureau has announced that overall retail sales in April were up 0.4% from March and up 1.6% year over year. In March, sales were down 0.7% month over month but up 2.4% year over year.

Isaac M. O'Bannon

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Accounting May 16, 2023 

Banks Face Increased Regulatory Oversight

U.S. regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly overhaul rules to blunt turmoil that’s already collapsed four mid-sized lenders.

Top 20 Firm Leads IPO Auditor Market Share in Q1 2023

Auditing May 15, 2023 

Top 20 Firm Leads IPO Auditor Market Share in Q1 2023

Twenty-five different firms audited the 46 IPOs completed in the first quarter of this year, with one firm's seven leading the way.

Jason Bramwell

U.S. Companies Embrace Automation and Digitization

Accounting May 15, 2023 

U.S. Companies Embrace Automation and Digitization

The number of companies in the U.S. that automate some of their work is expected to climb to 74% in three years, up from 65% this year and 51% three years ago.

Isaac M. O'Bannon

SEC Ramped Up Enforcement for Accounting and Auditing in FY 2022

Accounting May 15, 2023 

SEC Ramped Up Enforcement for Accounting and Auditing in FY 2022

The SEC disclosed 68 accounting and auditing enforcement actions in FY 2022, up 55% from the previous fiscal year.

Jason Bramwell

Illinois CPA Society Honors 2023 Women to Watch Award Recipients

Accounting May 15, 2023 

Illinois CPA Society Honors 2023 Women to Watch Award Recipients

Each year, Women to Watch Awards are presented in two categories, Emerging Leader and Experienced Leader.

Isaac M. O'Bannon

AICPA and Other Groups Call Attention to New Beneficial Ownership Information Reporting Requirements

Accounting May 15, 2023 

AICPA and Other Groups Call Attention to New Beneficial Ownership Information Reporting Requirements

BOI is an anti-money laundering initiative enacted through the Corporate Transparency Act (CTA) in 2021.

Isaac M. O'Bannon

 Alabama Business Tax Licenses Must be Renewed Annually

Sales Tax May 13, 2023 

Alabama Business Tax Licenses Must be Renewed Annually

Other states that require sales tax licenses to be renewed annually include Arizona, Arkansas, and Rhode Island.

Financial Leaders Investing in Analytics, AI and Machine Learning Tools

Small Business May 12, 2023 

Financial Leaders Investing in Analytics, AI and Machine Learning Tools

Trends in the survey foreshadow an increased usage of analytic technology that improves productivity and supports more agile decision-making across the enterprise.

Survey Shows Drop in Consumer Trust in Banks

Accounting May 12, 2023 

Survey Shows Drop in Consumer Trust in Banks

Opinions on financial institutions acting “honestly and ethically” shifted among those with different racial backgrounds in the two polls.

Isaac M. O'Bannon

How Offshoring Has Moved Far Beyond Bookkeeping

Firm Management May 12, 2023 

How Offshoring Has Moved Far Beyond Bookkeeping

As client needs continue to evolve and expand, businesses will expect their accounting and advisory firms to have the answers and necessary skills to meet those needs.

1053-travel-expenses1

Accounting May 12, 2023 

Expensify Expands Employee Reimbursements Globally

Businesses simply link their local bank account and pay employees at any time. Expensify will handle the rest.

Isaac M. O'Bannon

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