Latest Articles

February 12, 2014 

Online data security is always a concern for businesses large and small, and accounting firms should be especially cautious since they frequently manage the most sensitive client information. A new email encryption tool is now available to help these professionals keep that data safer.

February 12, 2014 

It’s the just the beginning of tax season, but most tax professionals likely already have a digital pile of client returns that are “in progress,” and will likely remain that way for weeks or months. Not because the firm hasn’t gotten to them yet, but probably because they are still waiting on clients to send…

Isaac M. O'Bannon

February 11, 2014 

The National Association of State Boards of Accountancy (NASBA) has announced the 2014 Call for Proposals for its Accounting Education Research Grants Program.

Isaac M. O'Bannon

February 11, 2014 

Wave (waveapps.com) has released a new bank reconciliation feature to its entire user base. The bank reconciliation feature had already been available to select users who participate in the Wave Labs beta program, as well as to accounting professionals in the Wave Pro Network. Both groups provided invaluable feedback in the feature’s development.

Isaac M. O'Bannon

February 11, 2014 

Effective data management is one of the biggest challenges accounting firms face. Implementing an Electronic Document Management (EDM) system allows companies to reduce costs, improve service, increase productivity, and meet regulatory requirements. Accounting firms who stay with a paper record and filing system are creating a logistical nightmare for themselves, especially during the busy tax…

February 11, 2014 

Good compliance management results in stronger financial performance. While that may sound like a truism or generally accepted bit of common sense, a new survey backs it up.

Isaac M. O'Bannon

February 11, 2014 

The most perfect definition of the Windows operating system in 2014 is less a Shakespearean sonnet than the immortal words of Bonnie Tyler:

Dave McClure

February 11, 2014 

I’ve been doing a lot of work writing and consulting on the topics of document management and workflow, and had seriously written off the hardware side of those critical accounting functions. After all, what more could be said about buying printers and scanners.

Dave McClure

February 11, 2014 

The Illinois CPA Society is accepting scholarship applications for the 2014-15 academic year. Students attending any Illinois college or university, pursuing an accounting degree with plans to become a CPA can apply.

February 11, 2014 

Financial analysis developer Sageworks has released a new web-based business valuation system called PinPoint. The program is designed to help accounting, private equity and valuation firms determine an accurate and legally-defensible value for private companies.

February 11, 2014 

President Obama didn’t drop any bombshells in his State of the Union address delivered on January 28. But he did unveil a new retirement-saving concept called the “MyRA” (a wordplay on IRA). As the president explained, this account will be designed to encourage retirement savings by workers who don’t have access to employer plans like…

Ken Berry, JD

February 10, 2014 

“Being found” by potential clients can be a challenge. How do potential clients find you? The best way is always word of mouth from your colleagues and clients who know the work you do and your areas of expertise. But, word of mouth alone does not get the job done. People need a way to…

Hugh Duffy