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January 6, 2016

7 Habits of Highly Successful Accounting Firms

It’s clear to even passive observers that the profession has undergone a tremendous technological evolution over the past 10-20 years, moving from a service bureau and 13-column worksheets to tax software and general ledger applications.

Mark Albrecht

It’s clear to even passive observers that the profession has undergone a tremendous technological evolution over the past 10-20 years, moving from a service bureau and 13-column worksheets to tax software and general ledger applications. Even the IRS is encouraging this trend – pushing the profession towards e-file adoption.

In more recent years, a push towards digital processes and paperless file storage, the anytime/anywhere access of cloud computing, and constant flow of information and always-on communication through mobile devices, seems to have accelerated the pace of change.

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Tags: Technology

Thomson Reuters Adds ‘Audit’ to Professional Product Name

Technology February 8, 2026 

Thomson Reuters Adds ‘Audit’ to Professional Product Name

Thomson Reuters Tax & Accounting, the arm of Thomson Reuters that is one of the world’s largest technology solution providers to accounting, tax and audit professionals, has changed its name to reflect the numerous audit-focused systems the company offers. The brand is now called Thomson Reuters Tax, Audit & Accounting. Elizabeth Beastrom, president of the...…

Isaac M. O'Bannon

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Mark Albrecht

CPA, MST

Mark Albrecht, CPA, MST is founder and CEO of XCM Solutions, LLC, a leading provider of workflow automation solutions to the accounting profession, and a former founding shareholder of KAF Financial Group.