Financial results for Wolters Kluwer were hit by economic conditions with the parent to CCH reported this weak in a trading update for its first quarter ended March 31. Earnings declined slightly with revenue flat at constant currencies and down 1 percent organically with Eurpean economies denting results. In North America, growth in software revenue was offset by declines in bank product fees in its tax business and print publications.

Sage has developed a new curriculum for its Sage Accountants Network. Called, "Fundamentals of  High-Performing Firms," the new content is designed to provide information from the network's member accountants from a wide variety of sources who provide information on important topics for running firms.

Automatic Data Processing plans to launch the first in a series of business intelligence and analytic products this summer. The company is already testing these kinds of products in the market, products that draw from payroll data. It will probably take two years to completely roll out the new offerings.

The Tax & Accounting business of Thomson Reuters turned in a strong performance for the first quarter ended March 31.The unit had a 9.5- percent rise in operating earnings on a 6-percent increase in revenue. The growth in revenue was led by a 14-percent increase in income from corporate tax sales over the year-ago quarter. Read more...