Technology

AccountingWEB Life

THRIVEal+CPA Network – Like-Minded Professionals Looking for a New Way To Do Business

It didn't take long for Patti Scharf, CPA, to see a trend developing among her small business clients: She was handing out monthly financial statements, but her clients didn't seem all that interested in the information she was providing.
Technology

Thomson Reuters NetClient CS Users Share Client Portal Experiences

There used to be a time when financial professionals at tax and accounting firms spent hours of their time in back offices copying returns in triplicate or communicating with their clients through daylong games of phone tag or trips to the post office.
Technology

Is Your Future Cloudy? Cloud Computing and Accountants

By definition, cloud computing is Web-based computing, whereby shared resources, both software and information are provided to computers and other devices on-demand through an Internet connection.
Technology

Avalara Announces Release of AvaTax 1099

Avalara, a provider of fully automated, up-to-date sales and use tax compliance solutions, has announced the availability of AvaTax 1099, a cloud-based solution for end-to-end 1099 reporting.
A&A

THRIVEal +CPA Network to Present Firm of the Future Symposium

In conjunction with its first anniversary celebration, the innovative THRIVEal +CPA Network group will host the Firm of the Future Symposium, presented by experts Ron Baker and Ed Kless.
A&A

Rapid Corporate Adoption Curve Proclaims "Cloud Is Now"

The vast majority of senior executives said their organizations have already moved at least some business activities to the cloud and expect their 2012 investment to skyrocket.
A&A

Moving To the Cloud: What, When, and How?

Recently the conversation in the enterprise IT department has shifted for many from "should we be moving to the Cloud?" to "what, when and how are we moving to the Cloud" as many of the key benefits of the Cloud model - reduced costs and management overhead, flexibility and scalability and accessibility - become increasingly well understood and accepted.
Technology

Technology and Environment Were Top Themes at KPMG Iberoamerica Tax Summit

At the latest KPMG Iberoamerica Tax Summit, where the environment and technology were key themes, over 50 percent of the audience said that the green agenda is a top strategic priority for their organizations, and 35 percent felt the cloud will be the greatest transformation from a technological point of view.
A&A

New XBRL and proposed 2012 US GAAP financial reporting taxonomy released

The IFRS Foundation, the oversight body of the International Accounting Standards Boards (IASB), has announced that it has completed the first part of its project to address requests for extensions to the IFRS XBRL taxonomy.
Practice

Unlimited access: Client portals revolutionize business practices

Accountants will tell you that client portal technology is no longer an accessory for accounting firms – it is a necessity for firms that want to do business in the ever-expanding world of wired commerce.
Technology

Seven tips for your first filing of detailed footnotes in XBRL

As organizations have completed their year-one SEC requirement with block note tagging in XBRL, they are preparing for the next major milestone: filing their detailed footnotes (DFN) in XBRL.
Practice

ROI and Efficiency: The advantages of using a document management system

When document management systems (DMS) and paperless accounting firms first became trendy, some accounting firms decided to become early adopters. But other accounting firms have been more cautious, choosing to wait before rushing into DMS and paperless offices.
Technology

Sleeter Conference embraces 'tomorrow's world' of accounting

The theme of this year's Sleeter conference is "tomorrow's world" of accounting, and the conference will feature exhibitors and sessions that embrace Cloud computing, appeal to the next generation of clients, and encourage existing clients to take advantage of advances in our profession.
Technology

As Cloud computing overtakes industry, should private equity groups jump in?

As cloud computing storms the business world, it's impossible for private equity (PE) firms to ignore it. The real question is whether they should adopt it for their portfolio companies.
AccountingWEB Life

Facebook enhances its privacy settings, but users also must do their part

Facebook recently announced changes that will make it easier for users to know as well as to control who is able to see their posts, photos, tags, and profiles.
Technology

Will the Google Chromebook revolutionize the industry?

Chromebook is designed specifically to work with the cloud environment. It alleviates some of the headaches associated with traditional personal computers, such as crashes, program updates, viruses, outdated hardware, etc.
Technology

Beyond the cubicle: Virtual office workers look to new technology to enhance mobility and efficiency

When Mark Freedman left the Maryland accounting firm he had worked with for more than thirty years to establish his own accounting practice in Cave Creek, Arizona, he discovered a newfound freedom as the proprietor of his own business.
Technology

IRS command center can do more to protect IT

The IRS has not gone far enough in implementing best practices at its Service Operations Command Center, which ensures the normal operation of mainframes and servers used to receive and process tax returns.
AccountingWEB Life

New computing solutions are sending small businesses to the Cloud

Cloud services make it possible for business owners to get anywhere, anytime access to all the information they need to run their business. Similarly, if you need to allow a third party to view information, then holding that information in a central location like the Cloud offers the additional flexibility to do that.
Practice Development

Plus one more: Google adds to the social media scene with Google+

Late in June, Google offered yet another choice in Social Media, Google+. Are you ready to add one more social networking site to your to-do list?

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