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Pramata, which makes finance and sales management software, has released a new suite of artificially intelligent analytics apps. Also new are visualization capabilities in the apps that display data in dashboards, graphs and charts. Among the apps is the Revenue Opportunity Manager, designed to help customers maximize revenue and profit, and align pricing strategy based […]
Two Top 100 Firms, Moss Adams LLP and Hein Associates LLP, have signed a letter of intent to combine forces, effective Nov. 1, 2017, in one of the biggest accounting firm MA deals so far this year. Moss Adams, based in Seattle, would expand its geographic footprint by adding Hein’s offices in Denver and Houston, […]
In our profession, the word “practice” typically conveys a fairly narrow meaning, as in “the practice of accounting.” But successful niche development, which I consider an essential tool for growth, requires a different type of practice — practicing to perfect a new niche or service line. The most successful practice vehicle I know is an […]
Oracle reports that it has found a new customer niche in institutions of higher education. According to the company, colleges including Lorain County Community College, San Francisco State University, Shawnee State University, University of Maryland, Baltimore, University of Wyoming, and the University System of New Hampshire have selected the company’s enterprise performance management cloud solution […]
Hilderbrand Clark, a CPA firm based in San Ramon, Calif., has disclosed it detected unauthorized access to its computer systems from abroad while filing tax returns. The firm said in a news release Thursday that it experienced “unusual activity” while filing two tax returns on extension. It said it immediately notified the Internal Revenue Service, […]
A recent academic study lends support to the Public Company Accounting Oversight Board’s regulatory oversight of auditing firms, suggesting it gives investors greater confidence in companies, in turn leading to more capital available to businesses. The study, by Professor Nemit Shroff of the Massachusetts Institute of Technology’s Sloan School of Management, found that companies issue […]
One of the most common concerns raised regarding cost segregation studies is whether it increases the likelihood of an IRS audit down the road. While it’s well documented that these studies are accepted by the IRS if performed properly, there isn’t much evidence suggesting the implementation of a cost segregation study on a tax return, […]
Recent research by the Pew Charitable Trusts shows that just over half of the small and midsized businesses surveyed offer a retirement plan. While there are a number of reasons small businesses don’t offer retirement benefits, making them available is a smart idea that’s good for both owners and employees. As an accountant and trusted […]
Accounting Today is now accepting submissions for its annual Managing Partner Elite list of top firm leaders. The MP Elite report, which will be published in the October issue, identifies and profiles approximately a dozen of the best leaders of public accounting firms of all sizes across the country. In a series of portraits of the […]
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