High Quality Work…Great Customer Service.
Intuit QuickBooks debuted its first chatbot, during QuickBooks Connect 2017, to an audience primed for chat integrations. QuickBooks Assistant joins the growing ranks of accounting chatbots, which include Pegg from Sage and AskMyUncleSam, which answers tax-related questions. QuickBooks Assistant is available now through QuickBooks Self-Employed for iOS and Android, and will be released in 2018 […]
Intuit has introduced QuickBooks Capital, a lending product targeted at small businesses, and particularly new small businesses. The product joins a growing pool of small business lending options accountants can offer their clients. The loan solution is currently being funded by a small amount of capital from Intuit, but the company is exploring other models […]
The upcoming revenue recognition standard is likely to accelerate the earnings of many software companies, with many developers likely to transition from upfront license sales to subscriptions, according to a new report. The report, from Moody’s Investors Service, predicts the new standard will accelerate the recognition of revenue and particularly affect the software industry. To […]
The American Institute of CPAs announced on Wednesday that seven college and university educators from across the country have been honored with the 2017 Effective Learning Strategies Awards. The annual award looks to highlight professors who have demonstrated original teaching methods or curricula in accounting studies. Winners were selected by the AICPA’s Pre-certification Education Executive […]
Mark your calendars! The effective date for the FASB and IASB’s new revenue recognition accounting standards (ASC 606 and IFRS 15) is approaching. For companies that cannot effectively implement an automated revenue system by their required deadline (January 1 for most public filers) a “brute force” manual approach should be considered to reach compliance in […]
(Bloomberg) — Senate Majority Leader Mitch McConnell said GOP members are optimistic that including the repeal of the individual mandate imposed by the Obamacare law in a tax overhaul would be “helpful.” Senate tax writers are considering including the provision in a revised tax proposal that’s set to be released later Tuesday, according to Senator […]
The Securities and Exchange Commission is taking a close look at the trend toward blockchain technology, including the burgeoning investments in bitcoin and initial coin offerings. “In the near term, our interest in blockchain technology applications stems from the fact that the sponsors of this work may be utilizing capital from investors, in particular our […]
The major firms are leveraging the latest tools to make the auditing process more efficient. “I would say we all have smart audit platforms or we’re designing smart audit platforms,” said Roger O’Donnell, an audit partner at KPMG, during a press conference at Financial Executives International’s Current Financial Reporting Conference in New York following a […]
Last week I conducted a breakfast meeting of the Withum Partners’ Network and I was asked a question that was not answered, so I’ll answer it in this column. Before I start, this meeting used a format I had never employed before. It was a “show and tell” roundtable in which each participant would raise […]
The American Institute of CPAs is reacting to Senate Republicans’ tax reform plan with its own set of priorities. Republicans on the Senate Finance Committee is set to mark up their version of the Tax Cuts and Jobs Act, which differs in several important respects from the version that Republicans on the House Ways and […]
Powered by WordPress. AwesomeOne theme by Flythemes