Accounting

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February 25, 2015 

AICPA Comments on FASB Disclosure Requirements Exposure Draft

In a February 23 letter, FinREC Chairman Jim Dolinar and AICPA Investment Companies Expert Panel Chairman Brent Oswald expressed support for the FASB’s effort to provide consistency and transparency through alignment of disclosure and ...

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February 24, 2015 

6 Tips for Creating a New Accounting Firm Partner Buy-In Plan

Too many firms shoot from the hip in determining who should become a partner, essentially re-defining promotion criteria every time they discuss the subject. Don’t you owe it to yourselves to spend one paltry hour formalizing, in writing, critically ...

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February 18, 2015 

Illinois CPA Society Offers 30 Scholarships

The Illinois CPA Society has started accepting scholarship applications for the 2015-16 academic year, the organization announced on Tuesday. Approximately 30 individual tuition and textbook scholarships are available to students who demonstrate strong ac

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February 17, 2015 

Accounting Thought Leaders Look at Issues Facing Professionals

Where are professional accountants succeeding or lacking in public practice, and what are the major issues that will face them in the coming years? These are the topics of discussion among the accounting profession’s most noted thought leaders as they meet this week in Dallas. The fifth annual CPA Practice Advisor Thought Leader Symposium, an...…

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February 13, 2015 

2015 Review of Xero and Xero Partner Program

The Xero and Xero Partner Platform from Xero, Inc. provide a unified, cloud-based solution for small business accounting and firm management of the client's books. Xero entered the space initially from the small business side, but quickly saw the role ...

Isaac M. O'Bannon

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February 13, 2015 

2015 Review of Thomson Reuters Accounting CS

Accounting CS from Thomson Reuters Tax & Accounting is a professional accounting system used and managed by firms, who can then allow clients access to an integrated web-based small business accounting system. The program also integrates with ...

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February 12, 2015 

Bill.com Raises $50 Million in Capital

Cloud digital payment management provider Bill.com has closed a $50 million financing round. Silicon Valley Bank joined existing investors DCM Ventures, Scale Venture Partners, August Capital, Napier Park Global Capital, American Express Ventures and ...