KatzAbosch Receives Innovation Award from Practical Accountant Magazine June 22, 2008 Practical Accountant’s Practice Innovation Award is given annually to certified public accounting firms that take the lead in developing a new service area, improving services to their clients, or promoting efficiency in the practice of public accounting. KatzAbosch was among the award winning firms for 2007 for the firm’s involvement with “Second Life,” a virtual business world considered to be one of the top five innovations that will change the way we live over the next five years. After recognizing the unique opportunities that these types of phenomena presented, KatzAbosch opened the world’s first virtual accounting office in Second Life. Since it opened its doors in July 2006, the KatzAbosch virtual office continues to welcome a steady stream of visitors each day. Having this virtual office provides KatzAbosch with a unique way of connecting with both existing and potential clients, firm contacts, and job seekers, while continuing to explore this emerging technology, environment and culture!