Tech (332)
The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.
Study: Hackers Target, SAP, Oracle Systems
- Monday, 30 July 2018
- Tech
- Written by The Progressive Accountant
Unpatched business systems from Oracle and SAP are being targeted by hackers, according to two security firms. In a recently released study, the firms, Digital Shadows and Onapsis, said at least a dozen companies and government agencies have been targeted while thousands of users are subject to exploitation of old security flaws.
Accountants in Alleged Embezzlement Cover Up
- Tuesday, 26 June 2018
- Tech
- Written by The Progressive Accountant
The managing partner and a principal at the accounting firm Armao LLP have been arrested on allegations of covering up a union officer’s alleged embezzlement of union funds. Managing partner Salvatore Armao, a certified fraud examiner, and principal, Karen Auer, are accused helping to conceal the use of more than $100,000 by the union president from the union and its welfare benefit plan for personal expenses.
Avalara Strong in IPO
Sales-and-use tax vendor Avalara had a strong showing in its initial public offering last week.ÂÂÂÂÂ The company went public at $24 per share, stronger than initial estimates, and closed trading Friday, June 15, at $44.94 per share.
An American Look for Data Privacy?
- Tuesday, 05 June 2018
- Tech
- Written by The Progressive Accountant
The phrase “General Data Privacy Regulations: and the abbreviation "GDPR" are spreading rapidly on American business websites. And while the major new European Union regulations do not apply to residents of the United States, they may eventually impact much of this country's computers.
AICPA Issues Final Set of Rev Rec Topics
- Thursday, 03 May 2018
- Tech
- Written by The Progressive Accountant
The Financial Reporting Executive Committee of the American Institute of CPAs has issued working drafts of several accounting issues. The drafts are issues related to the implementation of Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers.
Cryptocurrency – What’s the Big Idea?
- Monday, 30 April 2018
- Tech
- Written by Matthew May
There’s a lot of cryptocurrency talk these days, but I think this revolution is bigger than most people realize it is. Don’t believe me? Consider these big ideas.
To learn more, register for the upcoming Cryptocurrency webinar: https://www.cpaacademy.org/company/Acuity
Read more...NetSuite Signs BPM as Reseller
NetSuite has signed BPM, an accounting firm centered in the San Francisco Bay area, as a member of its business processing outsourcing and reselling programs. That announcement came on the heels of reports of two CPA firms that are acquiring NetSuite resellers.
Intuit Launches Lending Unit
- Monday, 13 November 2017
- Tech
- Written by The Progressive Accountant
Intuit is launching QuickBooks Capital, which is designed to give small businesses easier access to capital. Small business loans have been an important topic since the company introduced the $100-million Intuit QuickBooks Fund in June 2015.
IRS Starts Email Security Campaign
- Monday, 10 July 2017
- Tech
- Written by The Progressive Accountant
The Internal Revenue Service has launched an education campaign, which alerts tax professionals to the dangers of email scams. The agency receives three to five data theft reports weekly from tax practitioners and says 177 tax professionals or firms reported client data thefts from January through May.
Sage Promotes AI Ethics Code
Sage has developed an ethics code for developing software that utilizes artificial intelligence. At its Summit conference in Canada, Sage outlined "The Ethics of Code: Developing AI for Business with Five Core Principles." The discussion of ethics and the values coded into systems which use artificial intelligence has been growing rapidly.
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