Accounting Pros Grow Intuit Profits

Tuesday, 21 September 2010
News

Intuit logoOver the last six fiscal years, Intuit has produced a dramatic increase in the profitability of its accounting professionals business. The segment, whose income comes from the sale of professional tax applications and QuickBooks Accountant and from ProAdvisor income, is not the biggest or the most profitable of the vendor's seven financial reporting segments. Still it has done well because of two factors that Intuit has cited as gains in operating income outstripped revenue growth.

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