In this issue

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September 9, 2013 

The Benefits and Challenges of Cloud Accounting

Accounting firms across the country are looking to the cloud to transform their client accounting services. They are looking to move from simply transactional bookkeeping services to higher value advisory services more in line with the CFO function.

Jim Boomer

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September 8, 2013 

Income Tax Planning Takes More than a Magic 8-Ball

On the conference room shelf of a CPA’s office I visited recently, I noticed a Magic 8-Ball with the label “free tax answers.” When turned, the die floating in colored liquid inside the ball presses against the window to reveal an affirmative, negative, or non-committal answer such as “cannot predict now.”

Dustin Wheeler

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September 3, 2013 

The baggage-free CFO: 5 ways to profit

Recently we did a survey of the Mergers & Acquisitions (M&A) professionals who use The Sellability Score and asked them what makes a business attractive to an acquirer. The M&A experts said businesses that have a management team in place are much more attractive to buyers than owner-dependent companies.

John Warrillow

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August 29, 2013 

The In-Firm Annual IT-Security Employee Briefing

Most organizations today assume that their IT personnel do an adequate job of protecting the firm’s network and data by implementing and monitoring firewalls, keeping their operating systems/applications up to date, and mandating password changes on a scheduled basis.

Roman Kepczyk

 Where’s the Cloud Now?

August 28, 2013 

Where’s the Cloud Now?

Cloud definitions, strategies, and marketing messages continue to shift. What is most important is the business problem you are trying to solve and the solutions available.

Randy Johnston

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August 27, 2013 

New QBO Version Provides Harmony for Accountants and SMB Owners

From the Sept. 2013 issue. A little harmony can go a long way. And that’s exactly what Intuit set out to demonstrate when it debuted a new, redesigned version of QuickBooks Online at the Midwest Accounting & Finance Showcase in Chicago in August. With a cleaner and simpler user interface, seamless navigation new features and...…

Taija Sparkman

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August 7, 2013 

Complying with the PCAOB: The Various Options for Independence Training

Conducting regular, systematic audits is essential for holding public companies accountable for their decisions and financial records. Monitoring, evaluating, and managing public corporations is arguably the most effective way to placate stakeholders. But who ensures that audits are always conducted properly, fairly and thoroughly? In other words, who audits the auditors?