Bob Scott

Bob Scott

Bill.com Files for IPO

Bill.com has filed with the SEC for an Initial Public Offering. The Form S-1 filed this week shows the company narrowed its loss on a 40.8-percent increase in revenue for the year ended June 30. The number of shares to be sold have not yet been determined.

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Armanino Buys The Resource Group

Armanino has acquired the Resource Group, a Seattle, Wash.-based, Value-Added Reseller. The Resource Group carries Dynamics GP and Sage Intacct financial software. The deal will be completed on December 1.

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CPA Defrauded Employer, Clients of $7 Million

A CPA based in Lebanon, Mo., has been convicted of fraud that included using  $72,704 in client funds to pay off his Chevrolet Corvette. Douglas A. Richardson, 46, transferring $4.4 million from a former employer while stealing from clients—taking $7 million from both.

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