Tech

Tech (209)

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Paychex Updates HR System

Paychex has introduced enhancements to its Paychex Flex HR application. Among the updates includes the ability to tailor the frequency of employee reviews, such as quarterly and monthly.

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WK Intros Online Trial Balance

Wolters Kluwer Tax & Accounting has launched CCH Axcess Financial Prep, an online trial balance application. Financial Prep utilizes the same database used by other members of the Axcess software family.

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Intuit Tests QBO Advanced

Ariege Mishergi, IntuitIntuit has made a limited release of QuickBooks Online Advanced. The company said recently the new product represents a step up from QBO Plus, which can support up to 25 users.

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Study: Hackers Target, SAP, Oracle Systems

xMariano Nunez, Onapsis Unpatched business systems from Oracle and SAP are being targeted by hackers, according to two security firms. In a recently released study, the firms, Digital Shadows and Onapsis, said at least a dozen companies and government agencies have been targeted while thousands of users are subject to exploitation of old security flaws.

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Accountants in Alleged Embezzlement Cover Up

Salvatore Armao, Armao LLP The managing partner and a principal at the accounting firm Armao LLP have been arrested on allegations of covering up a union officer’s alleged embezzlement of union funds. Managing partner Salvatore Armao, a certified fraud examiner, and principal, Karen Auer, are accused helping to conceal the use of more than $100,000 by the union president from the union and its welfare benefit plan for personal expenses.

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Avalara Strong in IPO

Scott McFarlane, AvalaraSales-and-use tax vendor Avalara had a strong showing in its initial public offering last week.­­­­­ The company went public at $24 per share, stronger than initial estimates, and closed trading Friday, June 15, at $44.94 per share.

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An American Look for Data Privacy?

Ken Stasiak, RSM USThe phrase “General Data Privacy Regulations: and the abbreviation "GDPR" are spreading rapidly on American business websites. And while the major new European Union regulations do not apply to residents of the United States, they may eventually impact much of this country's computers.

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AICPA Issues Final Set of Rev Rec Topics

AICPAThe Financial Reporting Executive Committee of the American Institute of CPAs has issued working drafts of several accounting issues. The drafts are issues related to the implementation of Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers.

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Cryptocurrency – What’s the Big Idea?

There’s a lot of cryptocurrency talk these days, but I think this revolution is bigger than most people realize it is. Don’t believe me? Consider these big ideas.

To learn more, register for the upcoming Cryptocurrency webinar: https://www.cpaacademy.org/company/Acuity

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NetSuite Signs BPM as Reseller

BPMNetSuite has signed BPM, an accounting firm centered in the San Francisco Bay area, as a member of its business processing outsourcing and reselling programs. That announcement came on the heels of reports of two CPA firms that are acquiring NetSuite resellers.

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PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
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