Auditing

 Special Report Offers Overview of New FASB and IASB Revenue Recognition Model

June 4, 2014 

Special Report Offers Overview of New FASB and IASB Revenue Recognition Model

Financial information and technology company Thomson Reuters has released a special report, An Overview of the Revised Accounting Model for Revenue Recognition, which provides useful insights for corporate management teams, shareholders, lenders, analysts, investors, regulators, and accounting firms that utilize revenue to monitor organizations' financial performance and general financial health.

Isaac M. O'Bannon

 IASB and FASB Jointly Set New Revenue Recognition Standard

May 28, 2014 

IASB and FASB Jointly Set New Revenue Recognition Standard

The standard will improve the financial reporting of revenue and improve comparability of the top line in financial statements globally. Revenue is a vital metric for users of financial statements and is used to assess a company’s financial performance and prospects. However, the previous requirements of both IFRS and U.S. GAAP were different and often…

Isaac M. O'Bannon

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May 12, 2014 

2014 Review of FUND E-Z Nonprofit Accounting Version 10

BASIC SYSTEM FUNCTIONS – 5 Stars FUND E-Z is easily installed in just a few minutes, and potential users are able to download a 30-day demo from the website for a trial run.  A recent redesign offers users an easily navigatable ribbon-style menu similar to the ribbons found in the Microsoft Office products.  Fully customizable,...…

Mary Girsch-Bock

 2014 Review of Blackbaud – The Financial Edge

May 12, 2014 

2014 Review of Blackbaud – The Financial Edge

Basic System Functions – 5 Stars The Financial Edge is available as an on-premise product or as a hosted product.  Though a robust system, The Financial Edge is easily navigated, with a drop-down menu at the top of the main screen offering access to system modules. A vertical navigation bar offers quick access to all...…

Mary Girsch-Bock

 2014 Review of Aplos Fund Accounting

May 12, 2014 

2014 Review of Aplos Fund Accounting

BASIC SYSTEM FUNCTIONS: 4.5 Stars 100 percent cloud-based, Aplos requires no product installation, a plus for small nonprofits with limited staff.  The main user interface contains several tabs listed vertically on the left side of the screen: Dashboard, Settings, Accounts, Transactions, Contacts, and Reports.  Rather than continuing as an App-based system, Aplos made the transition...…

Mary Girsch-Bock

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May 12, 2014 

2014 Review of Serenic Software – Serenic Navigator

BASIC SYSTEM FUNCTIONS – 5 Stars The web-based version, Serenic Navigator Express, removes the need for Serenic personnel to install and configure the system.  System implementation is wizard-driven, with ongoing product support provided by Serenic support staff as needed, though some initial training could be beneficial. Assistance with implementation is available if requested.  Using Serenic...…

Mary Girsch-Bock