Accounting

 Time is Money: A Case for SaaS

February 26, 2019 

Time is Money: A Case for SaaS

5115 characters Fix it or replace it? Every day, we face this question. As business owners and advisors to our clients, we could make an infinite number of things better. The choice is ours. For some, the answer is “intuitive;” and for others, it involves detailed analysis. The risk, of course, is the time and...…

nonprofit-wordle1

September 30, 2014 

2014 Review of Nonprofit Accounting Systems

Like all businesses, nonprofits need to track expenses, monitor income, create budgets, and produce financial statements. Also unlike their for-profit counterparts, nonprofits also need to track programs, membership dues, association fees, donations and grant funds.

Mary Girsch-Bock

 Engagement Products Bring Workflow Improvement to Firms

September 5, 2014 

Engagement Products Bring Workflow Improvement to Firms

Every firm, no matter the size, should be using either an engagement (audits, review, compilations, etc.) or trial balance (write-up work) system. In the past, engagement and trial balance software packages were “islands” of information that did not communicate very well with other systems. The first integrations were with other tax preparation systems. Now that...…

Marty McCutchen

 Specialized Tools Aid in Audit Engagements

September 5, 2014 

Specialized Tools Aid in Audit Engagements

Audits are not the realm of only the Big 4 and other very large practices. Many small and mid-sized firms also offer A&A services to their clients. But audits can certainly be complex and labor intensive, not to mention the considerable regulatory obligations that accompany them. With the right tools and services, such as those…

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September 5, 2014 

Thomson Reuters — Engagement CS

800-968-8900 CS.ThomsonReuters.com   2011 Overall Rating 4.25   Best Firm Fit Firms that utilize PPC Practice Aids should consider this product. The seamless integration with the PPC Practice Aids will allow for increased productivity and quality during the execution of engagement tasks. Strengths Integration with PPC Practice Aids Integration with other Thomson Reuters products, including...…

Marty McCutchen

cch_prosystemfxengagement_10307208

September 5, 2014 

CCH, a Wolters Kluwer business — ProSystem fx Engagement

  CCH, a Wolters Kluwer business – ProSystem fx Engagement 800-739-9998 CCHGroup.com From the August 2011 Review of Engagement & Trial Balance Systems Best Fit: Firms that are trying to maximize overall engagement efficiency with integration with other CCH and third-party applications. Basic System Functions: CCH ProSystem fx Engagement uses a familiar Microsoft Explorer user...…

Marty McCutchen

 CCH ProSystem fx Trial Balance

September 5, 2014 

CCH ProSystem fx Trial Balance

The CCH ProSystem fx Trial Balance product is an “after the fact” trial balance and accounting product that allows multiple users to access files. The product is best suited as a tool for client write-up where the bookkeeping is performed in another application, as the product does not include the subsidiary ledgers normally included in...…

Marty McCutchen

caseware_10307207

September 5, 2014 

CaseWare International Inc — CaseWare Working Papers 2011

800-267-1317 www.caseware.com   2011 Overall Rating 4   Best Firm Fit: Firms that are looking to gain significant efficiencies in their financial reporting (no matter the size of the firm). Strengths User interface & intuitive workflow Strong financial reporting module SmartSync’s fast “real-time” collaboration Potential Limitations: No web hosted version currently available Summary & Pricing...…

Marty McCutchen

lacerte_cashisking_10307214

September 5, 2014 

Rule #1: Cash is King

I first heard this phrase growing up around a couple of entrepreneurs/accountants — my parents and grandparents. My grandparents always had their own company. Granddad was the salesmen and grandma was the accountant. My parents were the same except Dad was more product visionary than sales and mom was the back office, including accounting. They...…

Rene Lacerte

randyjohnston2010_10285126

September 5, 2014 

Improve Your Practice With SaaS

There are ample articles trying to convince you of the value of Cloud Computing. There are three primary application approaches for the cloud: 1) Backup, which we have reviewed in prior columns covering products like NetRescue, Gillware and eFolder, 2) Hosting, including companies like CPAASP InsynQ, Awensa, Cloud 9 and Real Time Data Services, Thomson...…

Randy Johnston