Technology news May 2010

Practice Development

Tips for improving a company blog

Blogs have been around for years now, but many accounting firms still have not jumped on board. If you have the time and interest, a blog can be an indispensable tool to engage current clients and reach new ones.
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Technology

Employment tool designed for accountants: Intuit’s Accountant Work Exchange

Accountants with specialized skills, who may be looking for additional work or a new job, and firms looking for highly qualified help, now can connect through Intuit’s employment tool, the Accountant Work Exchange.
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A&A

Thomson Reuters launches Accounting CS platform

The Tax & Accounting business of Thomson Reuters this week announced the launch of its Accounting CS platform, which is designed to take a new approach to professional accounting software.
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A&A

The "flash-crash" of May 6: What happened?

If you tuned in to stock market news at about 2:47 p.m. EST on May 6, you might have been holding your breath, especially if you have a significant investment in the stock market. That was five minutes into what is now being called a flash-crash.
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Education & Careers

One-third of U.S. workforce feels need to always stay connected

The recent economic downturn has American workers stressed, overworked, and anxious, but many are turning to technology to help them cope. Workers are using technology to stay connected, work harder, and maintain job security to survive the economic recovery.
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AccountingWEB Life

New Jersey CPA Society gives members new way to connect online

The New Jersey Society of CPAs has added a social networking site so its members can meet online, seek out colleagues, and form discussion groups.
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Technology

Intuit to acquire health care communications company

Intuit Inc. has signed a definitive agreement to acquire privately held Medfusion, a Cary, N.C.-based patient-to-provider communications company. The transaction is expected to close during the fourth quarter of Intuit's fiscal year 2010, which ends July 31.
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Technology

ACT! is teamed with QuickBooks, courtesy of dbLinkUp

ACT! users are now able to see a complete real-time view of customers' accounting information to which they are granted access from QuickBooks, including customer and vendor transactions.
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Technology

Handling prepaid expenses in QuickBooks

Many businesses make use of one Prepaid Expenses asset account in which several prepaid expenses commingle. How does one keep track of the balance of each prepaid expense and when to make each journal entry?
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Technology

Services added to QuickBooks ProAdvisor Program

New services have been added to the Intuit QuickBooks ProAdvisor Program designed to make it faster and easier for certified and non-certified ProAdvisors to benefit from the program by gaining more access to prospective clients online.
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Technology

Thomson Reuters releases video-on-demand platform

A “one-stop shop” for financial news. That’s how Thomson Reuters describes its newest innovation, the video-on-demand platform, or VOD.
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Tax

Report: IRS must improve verification techniques to prevent ID theft

The Internal Revenue Service must do more to protect the identity of taxpayers calling its toll-free assistance lines, a recent report concluded.
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AccountingWEB Life

The buzz on Google Buzz business applications

Once the excitement over the launch of Google Buzz – and the privacy debate that followed – died down, users needed time to assess what it could do, particularly because the only available instructions came in the form of a two minute video.
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AccountingWEB Life

AICPA launches Web site

The American Institute of Certified Public Accountants this week launched its Web site AICPA.org. Designed to be comprehensive and user friendly, the site was developed to provide members with an easier-to-navigate online resource to meet their intensive information needs.
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Practice Management

CPA2Biz, XCM Solutions form partnership

CPA2Biz, a national provider of Web-based solutions for CPAs, and XCM Solutions, LLC, a provider of work-management technology for the accounting profession, announced they have formed a strategic alliance.
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A&A

Should I buy a Mac or a PC for my accounting firm?

As you read this article, odds are you are looking at it on a PC. That is because traditionally most accounting and tax software has been built specifically for PCs.
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Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

Brian Fox, CPA, founder and CMO of Confirmation.com, explains how the company's electronic audit confirmation service helped the FBI uncover a $6 million fraud scheme.
Russ Wilson of Moss Adams talks with us about the firm's collaboration with WWU in educating and developing talented accounting and business professionals.
Plante Moran CPAs Gordon Krater, Alicia Sturtevant, and Susan Perline spoke with AccountingWEB about the firm's Women in Leadership initiative.
Jeff Thomson, CMA, president and CEO of the IMA, talks with us about the 2013 jobs market for accounting professionals.
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