Accounting

 Mortgage Rates Rise Slightly on Jobs Report

July 10, 2014 

Mortgage Rates Rise Slightly on Jobs Report

Mortgage rates increased slightly following an improved jobs report from the Labor Department, according to mortgage news and comparison site, Bankrate.com. the benchmark 30-year fixed mortgage rate rising to 4.31 percent, and the average 30-year fixed mortgage has an average of 0.33 discount and origination points.

Isaac M. O'Bannon

 How to Make the Cloud Transition a Priority

July 10, 2014 

How to Make the Cloud Transition a Priority

Many executives are either hesitant to make the transition to the cloud or they have it buried under a twenty-page to-do list. Ironically, moving to a cloud-based phone system has the potential to shorten that list immensely. Switching to the cloud provides a secure and effective means of scaling for seasonal spikes. Cloud-based communication systems…

 FASB Seeks Changes to Simplify GAAP

July 10, 2014 

FASB Seeks Changes to Simplify GAAP

As part of a new initiative to reduce complexity in accounting standards, the Financial Accounting Standards Board (FASB) has added two short-term projects to its agenda to simplify Generally Accepted Accounting Principles (GAAP).

Isaac M. O'Bannon

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July 2, 2014 

MOVE Project Ranks Best Public Accounting Firms for Women

After evaluating accounting firms across the country on a variety of aspects including firm culture and partnership opportunity, the MOVE Project has released its fifth annual rankings of the best firms for female professionals. The MOVE Project is sponsored by the Accounting & Financial Women’s Alliance.

Isaac M. O'Bannon

 Small Business Economy Sees Modest Growth

July 2, 2014 

Small Business Economy Sees Modest Growth

Increases in small business lending, new business formations and a leading microcap index suggest that the small business economy is continuing to see modest growth, according to the latest SB Authority Index from Newtek Business Services.

Isaac M. O'Bannon

 Bookkeeper Accused of Stealing $400K

July 2, 2014 

Bookkeeper Accused of Stealing $400K

A 65-year-old New Mexico woman is accused of stealing nearly $400,000 from her employer, including forging more than 200 checks and paying $30,000 in mortgage payments via electronic transfers from her employer's account.