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Earlier this year, Intuit debuted QuickBooks Live, an on-demand bookkeeping service furnished through its website. The software company made it clear that it would, at first, hire only certified QuickBooks ProAdvisors to serve as on-demand bookkeepers on the new platform. Intuit has now laid out clear requirements for those interested in the opportunity. ProAdvisors who […]
Top accounting talent, like talent for many professional services, is in short supply these days. Accounting firms are competing ferociously to attract, land and retain the most talented and experienced employees to achieve and maintain a critical competitive edge in a highly competitive industry. But most are going about it the wrong way. A recent […]
Institute of Internal Auditors headquarters in Florida Courtesy of the IIA The Institute of Internal Auditors has installed a new global board of directors with veteran internal auditor J. Michael Joyce as the new global chairman. The election occurred this week at the IIA’s annual business meeting, on the heels of the 2019 International Conference, […]
Mazars, an international audit and advisory firm headquartered in Paris, France, has expanded beyond its Mazars USA base in New York and established a Mazars North America Alliance in partnership with BKD, Dixon Hughes Goodman, Moss Adams, Plante Moran in the U.S. and MNP in Canada. The alliance positions Mazars more strongly against the Big […]
A San Diego investment fund owner was arrested and charged with running an insider-trading ring that made more than $6 million from illegal tips about Illumina Inc. Image: Bloomberg Prosecutors in New York charged Donald Blakstad, 60, with trading on information about the San Diego-based biotechnology company’s earnings and other financial data. In an indictment […]
LeaseAccelerator, a provider of web-based lease accounting software based in Reston, Virginia, has Guardian Global Systems, an Australian company that has developed online real estate administration software, for an undisclosed sum. The acquisition comes as more companies are adjusting to new lease accounting standards under both U.S. GAAP and International Financial Reporting Standards. Guardian Global […]
The American Institute of CPAs announced Wednesday that it has released new professional standards for forensic accountants. The Statement on Standards for Forensic Services No. 1 provides more tailored authoritative guidance to CPAs who perform forensic accounting services. The SSFS 1 standards clarify the definitions of “litigation” and “investigation” for accounting purposes, detail key considerations […]
Nina E. Olson, the outgoing National Taxpayer Advocate, released a special report Wednesday on the Earned Income Tax Credit, suggesting different ways to increase the participation rate of eligible taxpayers in claiming the EITC and reduce overclaims by ineligible taxpayers. The Taxpayer Advocate Service she leads also published a chart Wednesday that it’s referring to […]
BQE Software Inc. has released Core Intelligence, a Google Assistant-enabled smart dashboard that plugs into accounting software. Accountants and their clients can have conversations with the tool to gain insights into their business. The voice-enabled platform is a demonstration of how artificial intelligence has matured to a point at which it can be deployed meaningfully […]
The Governmental Accounting Standards Board proposed guidance in an omnibus exposure draft to address a variety of state and local government accounting and financial reporting issues it has identified during the implementation and application of different GASB pronouncements. The issues covered by the Exposure Draft, Omnibus 20xx, include: The effective date of Statement No. 87, […]
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