News (1973)

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Rippling Expands EOR Program 2

 Rippling has expanded its Employer of Record program to eight new countries. The change is part of the latest monthly release of the office application.

With EOR, a user can establish a legal entity in a country outside the United States, giving the user the ability to hire and pay employees in other countries. The latest additions are Colombia, Costa Rica, Denmark, Israel, New Zealand, the Philippines, Switzerland and Turkey.

In addition, Rippling is providing hourly workers with a weekly break down of pay on paystubs so they can see hours worked, including overtime, for each of the weeks included in the pay period.

Users can now down payroll comparison data as a CSV file. Rippling says it has also provided more efficient time-entry CSV imports for Time an Attendance since users can automatically reconcile timestamps based on the employee’s timezone and

filter down to a specific set of imported entries and delete only those 

They can also import thousands of entries in seconds, versus 30 minutes.

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Abila Outlines NFP Trends for 2015

Erika McNichol, AbilaExecutives, board members and donors increasingly want better ways to visualize the performance of nonprofits. That is in terms of both being able to see key performance indicators and to have a measurement of the impact of fundraising, according to Erika McNichol, senior product for nonprofit software vendor, Abila, said this week in explaining the accounting trends her company sees as important in the NFP world in 2015.

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Intuit Holding 15-City Tour

IntuitIntuit is holding a 15-city tour this month under the name, QuickBooks Connect Local. The free events use the Connect name from the company's first QuickBooks conference last fall. Events will offer training and certification and there will be presentations by software vendors and well-known industry speakers.

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Court Bars Tennessee Preparers

southern king.Three individuals, whose previous employers were barred from preparing federal income tax returns from offers have themselves gotten the boot. The court action against  Shandon Allen, Tabitha Tunstall, and Shewanda Hamilton said the three started business as Southern King Taxes 2012 in the Memphis, Tenn., area after the owners of their previous employer, Mo' Money Taxes, were barred from the business

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Happy Holidays: See You in 2015

Happy HolidaysThe staff of The Progressive Accountant wishes our readers a happy holiday season. This is the last newsletter that will you will receive in 2014. Delivery of the e-newsletter will resume on Wednesday January 7. However, articles of interest to the tax and accountng community will continue to be published at www.theprogressiveaccountant.com during the interim.

 

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The 2014 VAR Stars in the Cloud

VAR Stars This was somewhat the year of the cloud when it comes to the 2014 VAR Stars. A bare majority—51—of the Value-added Resellers that handle mid-market acounting software products are carrying true Internet-based financial applications. So the cloud is far from being the entire story in this market.

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Sponsored by:     netsuite 3c

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Bill.com Releases FastPay

bill.comFastPay is designed to speed up payments to vendors in emergency or unplanned situations. Features of the digital service include overnight ePayments or overnight, two-day and three-day checks with tracking and full remittance information. It also offers approval workflows, audit trails and customer support.

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AICPA Seeks Change in Peer Review

Barry Melancon, American Institute of CPAsThe American Institute of CPAs is proposing a change to how peer review operates. In a concept paper, the organization outlines altering the exiting program for firms' accounting and auditing engagements into a technology-driven, near-real time practice monitoring process. The paper is open for comment through June 15.

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Utah CPA Sentenced to 78 Months

dojA Heber City, Utah-based CPA has drawn a 78-month prison sentence for filing 18 fraudulent tax returns. CPA Dick Reid Jenkins must also pay $250,340 in restitution to the Internal Revenue Service and serve three years of supervised release. He was convicted in June for 18 counts of filing false claims and one count of presenting a fictitious financial instrument to the United States.

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Real Estate Audit Aid Debuts

checkpointPPC's Practice Aids for Audits of Real Estate covers audits of nonpublic entities engaged in developing, managing and owning real estate projects for their own use or for sale to others. This includes audits of real estate operators, real estate developers (including homebuilders) and retail land sales developers.

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PCAOB, SEC Discipline 15 Firms

SECFifteen accounting firms have drawn disciplinary action from the Securities and Exchange Commission and Public Company Accounting Oversight Board. All of the actions involve the regulators' findings that the firms violated independence standards by using data provided from broker-dealer audit clients to prepare financial statements for those same clients.

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