Latest Articles

June 17, 2014 

Despite the growth of cloud-based technology, many accountants are hesitant to move all of their client data and firm management systems online. A survey conducted by CPA2Biz last fall found that 43 percent of CPAs have their doubts about the security of cloud-based applications, feeling “somewhat confident” or “not confident at all.”

June 17, 2014 

On average, accounting firms have a pre-tax net profit margin of more than 20 percent. This underscores the success that most firms have with controlling costs and with the overall management of the firm’s finances. Managers, however, often allow quantitative measures like this to overshadow equally – if not more – important qualitative measures of…

June 17, 2014 

The Accountancy Board of Ohio and the Ohio Society of CPAs has approved a new CPE program that offers certified professional education in 10-minute increments. Ohio joins the Maryland Association of CPAs in the new 10-minute CPE program, which it announced on May 30 of this year, following approval by the Maryland State Board of…

Isaac M. O'Bannon

June 17, 2014 

Payroll and human resources provider Paychex, Inc. has acquired Nettime Solutions, LLC, a maker of cloud-based time and attendance solutions.

Isaac M. O'Bannon

June 17, 2014 

Intuit, the company behind QuickBooks, TurboTax and many other financial and business technologies, has announced that it will hold its first-ever multi-community user conference. The event, called QuickBooks Connect, will offer entrepreneurs, small business owners, accountants and developers a unique experience "to come together, be inspired and get growing."

June 17, 2014 

The explosion of wireless broadband networks is ushering in a new era of promise for corporations and heightening the prominence of Chief Information Officers, Chief Technology Officers and other senior corporate technology mangers, according to a new report.

Isaac M. O'Bannon

June 17, 2014 

Intuit, the maker of QuickBooks, TurboTax and many other business and financial technologies, has announced the availability of a new QuickBooks app for Mac OS devices.

Isaac M. O'Bannon

June 17, 2014 

If your office is like most, it’s going mobile. From financial spreadsheets and payroll information to tax forms and client communications, many CPAs are accessing critical client data via their mobile devices. As a result, the risk of data leakage is becoming a heightened priority for the modern accounting firm.

June 17, 2014 

According to the complaint, Gingell embezzled $697,000 from the summer of 2010 to March 2011 by sending money by wire transfer to her bank account and making money orders payable to herself and others. One of the wire transfers paid the remaining $40,000 balance of her mortgage, according to the complaint. Gingell made 71 wire…

June 16, 2014 

The Ohio Society of CPAs (OSCPA) has announced the candidates it is endorsing for the 2014 Ohio General Election races. On behalf of its 21,000 members, OSCPA has endorsed Justices Judith French and Sharon Kennedy for Ohio Supreme Court, and Dave Yost for re-election as Ohio’s state auditor.

June 16, 2014 

Cloud-based payroll services provider ZenPayroll has announced that it is joining Intuit’s Apps.com partner platform and will offer a seamless integration with QuickBooks Online.

Isaac M. O'Bannon

June 16, 2014 

Selecting a small business accounting package is, in some ways, like purchasing a piece of home exercise equipment. The solution needs to meet your needs, be easy to use, should fit within your budget, and should be pleasant enough to use that the client will actually keep their books after the first week or two.

Brian Tankersley