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The majority of corporate tax departments are playing a major role in advising executives on mergers and acquisitions, according to a new survey. The survey, by Bloomberg Tax, found that 80 percent of tax departments are either extremely or highly involved in MA transactions. While 54 percent said they were highly involved and had input […]
It’s been more than a year since Congress created the Qualified Small Employer Health Reimbursement Arrangement, a new health benefits option available to businesses with fewer than 50 employees. The QSEHRA benefit, passed as part of the 21st Century Cures Act in December, allows businesses to reimburse employees tax-free for individual medical expenses. Unsurprisingly for […]
For accountants who manage credit for their clients, organizing and sharing data, tracking orders, scheduling tasks and managing workloads are key to long-term success and growth. The type of software used to manage these processes, and store the data they generate, can help define the efficiency of a business’s credit management function. Often, businesses fall […]
Technology consulting firm JDR Consulting has partnered with Sage Intacct to sell, implement and support the cloud financial management software. Dallas-based JDR Consulting, which provides managed services, system implementation and workflow optimization services, partnered with Sage Intacct due to customer demand for software as a service business solutions. While initially focusing its Sage Intacct practice […]
Grassi Co., a firm based in New York, now offers consulting services in cyber and information security (CIS). The new practice will be headed by Karl Kispert, who serve as principal. Grassi Co. is, according to statement, responding to the demand for cybersecurity practices which has grown in tandem with security breaches, whether malicious or […]
The Insight Research Group, which annually conducts the Accounting Firm Operations and Technology (AFOT) survey, has announced this year’s survey awards. Survey respondents identify the software used in their accounting firm that has the greatest impact on profitability, risk mitigation and productivity.The winners were selected from 87 different accounting software products, with an award given […]
Amy Vetter, the head of the accounting partner channel at Xero, has left the cloud-based accounting software provider to go into business for herself full time, providing public speaking, advisory, consulting and education services to accountants and bookkeepers through her business, QuickStart Training. A regular member of Accounting Today‘s Top 100 Most Influential People list, […]
The Securities and Exchange Commission announced a whistleblower award of more than $2.2 million, the first paid under the “safe harbor” rule. The former company insider’s actions follow the Exchange Act Rule 21F-4(b)(7), which provides that if a whistleblower submits information to another federal agency and submits the same information to the SEC within 120 […]
The New Jersey Society of CPAs announced this week that it will be awarding over $375,000 in scholarships to local college and college-bound students for the upcoming fall 2018 semester. Fifteen four-year awards, worth $7,000 each, along with 40-plus one-year awards, worth $6,000 each, will be distributed. Additionally, the Society’s Atlantic/Cape May, Bergen, and Mercer […]
Many accountants express a desire to teach in order to give back to the profession. It may come as a surprise to learn that qualified full-time accounting faculty are in high demand. The shortage was discussed in a report published a number of years ago by the Pathways Commission on Accounting Higher Education, a joint […]
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