Accounting

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 Detroit pension fund pays out nearly $1B in bonuses

September 9, 2013 

Detroit pension fund pays out nearly $1B in bonuses

One of Detroit's two pension funds handed out nearly $1 billion in bonus cash payments over two decades to retirees and active employees' retirement accounts instead of reinvesting the extra earnings for the future, according to a Free Press review of city records.

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September 9, 2013 

The Benefits and Challenges of Cloud Accounting

Accounting firms across the country are looking to the cloud to transform their client accounting services. They are looking to move from simply transactional bookkeeping services to higher value advisory services more in line with the CFO function.

Jim Boomer

 Small business employment off slightly in August

September 4, 2013 

Small business employment off slightly in August

Employment at small businesses in the U.S. dropped slightly in August, although employees saw increased compensation and hours worked. Small business revenues overall declined 0.18 percent in July; the construction industry was the only sector to show an increase, of 0.3 percent.

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September 3, 2013 

The baggage-free CFO: 5 ways to profit

Recently we did a survey of the Mergers & Acquisitions (M&A) professionals who use The Sellability Score and asked them what makes a business attractive to an acquirer. The M&A experts said businesses that have a management team in place are much more attractive to buyers than owner-dependent companies.

John Warrillow

 Winners announced for 1st Annual Bridging the Gap Awards

August 29, 2013 

Winners announced for 1st Annual Bridging the Gap Awards

August 29, 2013 – Boomer Consulting, Inc. announced today the recipients of the inaugural Bridging the Gap Awards. These awards recognize both firms and individuals in the accounting industry that excel in aligning technology, firm management and talent development.