Accounting

NonProfit 1  594a7b50ac981

July 19, 2017 

2017 Review of Nonprofit Accounting Systems

While it’s common practice for very small nonprofits to utilize standard accounting applications, even the smallest nonprofit can benefit from utilizing a product designed specifically for their needs. Unfortunately, there are those that use ...

Mary Girsch-Bock

denalilogo_10295474

July 19, 2017 

2017 Review of Denali FUND Nonprofit Accounting

Denali FUND Nonprofit Accounting from Cougar Mountain Software is well suited for small to mid-sized nonprofit organizations and government entities. A modular system, Denali FUND is scalable, so even the smallest nonprofit can utilize the product and sca

Mary Girsch-Bock

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July 19, 2017 

2017 Review of Xero for Nonprofit Accounting

Xero is offers complete online accessibility, with the product available in three versions; Starter, Standard, and Premium, with each edition offering increased product functionality. The chart of accounts is provided by default when a user signs up ...

Mary Girsch-Bock

Information Technology2 1  591a75a48cf32

July 18, 2017 

Accounting Software is Making Progress

If your firm intends to be a trusted advisor in accounting, it is time to consider the myriad of changes made in the past year and announcements to be made in 2017. There are so many pending announcements from significant publishers and vendors ...

Randy Johnston

back to school 1  55bfcb4201e9d

July 16, 2017 

Back to School Spending Expected to Hit $83.6 Billion

With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year while back-to-school spending is expected to see its second-highest spending level on record, according to the ...

 Retail Sales Up 3.2%

July 16, 2017 

Retail Sales Up 3.2%

Retail sales in June were mostly unchanged over May on a seasonally adjusted basis, but up 3.2 percent unadjusted from June 2016, according to calculations released by the National Retail Federation. The numbers exclude automobiles, gasoline stations and

cybersecurity

July 16, 2017 

Cyber Threats Becoming Plague for Financial Professionals

Financial and payment professionals do not anticipate any respite from cyber fraud and cyber attacks in the near future, according to a recent survey conducted by TD Bank, America's Most Convenient Bank. An overwhelming 91 percent of respondents ...

152766339 google self driving car 1  574b3d6a0283f png

July 16, 2017 

Will Self-Driving Cars Lower Insurance Costs?

Autonomous vehicle technology could shrink the auto insurance sector by 71 percent or $137 billion by 2050, according to new research by KPMG, titled The Chaotic Middle: The Autonomous Vehicle and Disruption in Automobile Insurance. KPMG has extended ...

investing1

July 16, 2017 

Venture Capital on Rebound: Nears Highest Level in 10 Years

Venture capital (VC) investment rose substantially with $21.8B invested contributing significantly to the global resurgence, according to Venture Pulse, a quarterly report on global VC trends published by KPMG. Activity suggests that investment may be rebounding from the 11 quarter low experienced in Q4’16. “Venture capital invested has improved this quarter, with a significant number...…

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July 16, 2017 

GASB Sets Single Approach for Lease Financial Reporting

The Governmental Accounting Standards Board (GASB) has issued guidance that establishes a single approach to accounting for and reporting leases by state and local governments. This single approach is based on the principle that leases are ...