Accounting

 CFO Confidence at Two-Year High

March 12, 2014 

CFO Confidence at Two-Year High

Chief Financial Officers in the U.S. are starting 2014 with increased optimism when it comes to the economy and their businesses, according to the results of a new survey conducted by Financial Executives International (FEI) and the Zicklin School of Business at Baruch College .

Isaac M. O'Bannon

fico-creditscore1

March 11, 2014 

FICO to Release New Credit Scoring System

Credit and business analysis company FICO has announced a change to the well-known FICO Score, the most commonly-used measure of U.S. consumer credit risk. The new scoring system will be available beginning this summer.

 GASB Offers New Toolkit for Pension Accounting Standards

March 11, 2014 

GASB Offers New Toolkit for Pension Accounting Standards

A new online pension implementation toolkit was released today by the Governmental Accounting Standards Board (GASB). The toolkit is designed to help preparers, auditors, and users of state and local government financial reports understand and apply the revised pension accounting and financial reporting standards that the GASB approved in June 2012. The toolkit is available…

 Open Systems Partners with Time Tracking System

March 10, 2014 

Open Systems Partners with Time Tracking System

Open Systems, Inc.and nettime solutions (intentionally lower case) of Scottsdale, Arizona, have entered into an agreement that will integrate Open Systems’ TRAVERSE business and accounting software solution with nettime solutions’ stratustime software to serve payroll and HR departments using TRAVERSE.

 Does Your Business Qualify for the Health Care Tax Credit?

March 10, 2014 

Does Your Business Qualify for the Health Care Tax Credit?

Income tax filing deadlines for most small business are coming up soon, and the Internal Revenue Service is reminding small employers who offer health insurance to their employees to check out the small business health care tax credit and then claim it if they qualify.