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Bob Scott

Bob Scott

NetSuite CFO: The Cloud Changes P&Ls

Ron Gill, NetSuiteMany companies that sell product have an end-of-quarter rush to boost revenue. That model is no longer valid with cloud companies, according to NetSuite CFO Ron Gill. Because revenue is recognized bit-by-bit over the lifetime of a subscription, it is difficult to move the quarter with an ending flurry of sales, he told attendees at NetSuite's SuiteWorld conference.

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Intuit Buys AP Software Biz Invitco

Roger Gregg, Invitco On the heels of its purchase of inventory software company, Lettuce, Intuit has announced the acquisition of Australian start-up, Invitco. The Sydney-based company developed cloud-based data extraction technology that is used in its accounts payable processing product, Invitbox. Intuit's rival Xero named Invitco as its Emerging Add-On Partner of the Year for 2013.

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IRS: Stopped $590M in EITC Claims in 2013

John A. Koskinen, Internal Revenue ServiceA pilot program, designed to tax preparers who abused the Earned Income Tax Credit, kept $590 million from being improperly paid out in 2013, according to John A. Koskinen, commissioner of the Internal Revenue Service. Koskinen made the observation recently in written testimony before the Senate Finance Committee.

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The Accounting Top 100

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Social Leader board

The Accounting Top 100 social media leaderboard ranks accounting professionals based on their overall presence, influence, and engagement on social media platforms. Each user’s rank is determined by that user’s Klout Score in addition to a list of custom metrics, and all updated rankings are displayed in new leaderboards generated every two weeks.

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Avalara’s Accounting Top 100 leaderboard (the “Leaderboard”) is assembled using a list of accounting professional users that’s curated by manual entry as well as by Rise.Global's internal Twitter search functionality. We reserve the right to change scoring metrics used for ranking and to exclude anyone from the list, in our sole discretion. The Leaderboard is not an endorsement, recommendation or sponsorship of any of the accounting professionals on the Leaderboard, and we do not make any representation or guarantee of their ability or reliability. Assessments by different methods or based on different information may yield different results. The Leaderboard is only a starting point to gather information about accounting professionals, and you should not rely on it to decide whether to hire an accounting professional.

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