The Progressive Accountant
Block to Buy Wave for $405 Million
- Tuesday, 11 June 2019
H&R Block will acquire Wave Financial for $405 million in cash, the tax services tcompany said this week. Wave, based in Toronto, Ont., markets cloud-based small business software and has targeted the growing market of free-lance employees.
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AICPA to Administer .CPA Domain
- Tuesday, 11 June 2019
The American Institute of CPAs will soon be in charge of the .cpa Internet domain. The AICPA is in the contract execution phase with the Internet Corporation for Assigned Names and Numbers to administer .cpa.
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Xero Promotes HubDoc CEO
- Tuesday, 11 June 2019
Xero has named Hubdoc’s co-CEO Jamie McDonald as executive general manager of product, accounting and global services. McDonald, who will continue his Hubdoc role, will oversee development of core accounting tools in the newly created position.
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