navigator-104164131_11429023

May 12, 2014 

2014 Review of Serenic Software – Serenic Navigator

BASIC SYSTEM FUNCTIONS – 5 Stars The web-based version, Serenic Navigator Express, removes the need for Serenic personnel to install and configure the system.  System implementation is wizard-driven, with ongoing product support provided by Serenic support staff as needed, though some initial training could be beneficial. Assistance with implementation is available if requested.  Using Serenic...…

Mary Girsch-Bock

araizefastfund-104576021

May 12, 2014 

2014 Review of Araize FastFund Nonprofit Accounting

BASIC SYSTEM FUNCTIONS – 4.75 Stars Designed by CPAs, FastFund Nonprofit Accounting is available in both Basic and Premium editions, making it a good fit for smaller nonprofits looking for a product that also offers room to grow.  FastFund Nonprofit Accounting can be used with Windows or Mac Operating systems, and all data is secured...…

Mary Girsch-Bock

 FAF Issues Annual Report

May 8, 2014 

FAF Issues Annual Report

The Financial Accounting Foundation (FAF), which oversees FASB and GASB, has issued its 2013 Annual Report, detailing the organization's activities and key issues during the past year.

 New Audit Quality Indicators to be Pilot Tested by Accounting Firms

May 5, 2014 

New Audit Quality Indicators to be Pilot Tested by Accounting Firms

The Center for Audit Quality (CAQ) today released the CAQ Approach to Audit Quality Indicators, which represents a two-year effort with its member firms to develop perspectives regarding which indicators may be most relevant and how and to whom they should be communicated. The paper sets forth in detail the CAQ approach to communicate a…

logo1

April 29, 2014 

Audit Solution Granted U.S. Patent

The ProSystem fx Knowledge Coach audit solution has been granted a U.S. patent for its knowledge-based system, rule-based content, contextual guidance and functionality, Wolters Kluwer CCH has announced.

 New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings

April 23, 2014 

New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings

XBRL US has announced the publication of its new online US GAAP Pension Analyzer. The tool is available for free to public company reporting managers that runs a set of rules against the pension disclosure within an XBRL-formatted financial statement. XBRL US is the nonprofit consortium for XBRL reporting in the US.

data-extraction1

April 17, 2014 

New Solution Designed to Solve SAP Data Access Challenges

The new version of ACL Direct Link for SAP ERP and SAP CRM, an SAP-certified data extraction add-on for ACL Analytics (AN) and ACL Analytics Exchange (AX) helps professionals who are struggling to gain access to transactional SAP data necessary to test controls and ensure regulatory compliance under Sarbanes-Oxley and other financial requirements.

 GASB Issues Statement on Measurement of Assets and Liabilities

April 16, 2014 

GASB Issues Statement on Measurement of Assets and Liabilities

The Governmental Accounting Standards Board (GASB) has issued Concepts Statement No. 6, Measurement of Elements of Financial Statements, which will guide the GASB in establishing accounting and financial reporting standards for U.S. state and local governments regarding the measurement of assets and liabilities.

 Cloud Audit & Compliance System Achieves Milestones

April 2, 2014 

Cloud Audit & Compliance System Achieves Milestones

Since cloud-based audit, compliance, and risk management provider ACL first introduced its ACL GRC system in May 2013, the company has achieved several major milestones, including the expansion of its global footprint, rapid increase of new customer engagements, and recognition by industry leaders.

Isaac M. O'Bannon