The Progressive Accountant

The Progressive Accountant

WK: Outage Financial Impact Not Major

Wolters Kluwer said the impact of May’s widespread system outage was not material to its results for the first quarter ended June 30. The company this week said otherwise it is too early to determine if there is any future impact from customer reaction to the malware attack that caused WK to take down its computer and phone systems with the severe outage lasting a week for some American customers.

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Baker Tilly Adds Partner

Accounting firm Baker Tilly Virchow Krause has hired Brian Francese as a partner in ITS commercial practice. In his new position, he will lead phases of audit and attest engagements including audits of annual consolidated financial statements, internal controls and other agreed-upon procedures.

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CrossLink Consolidates Offices

CrossLink Professional Tax Solutions has moved its offices from the long-time locations in Tracy, Calif., to a single site in Lathrop, Calif. Staff that had been spread between five different buildings will be housed in the new facility.

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