Financial Reporting January 27, 2026
New Research Says ERP Systems Alone Can’t Meet Modern AR Demands
Finance teams now rely on an average of three ERP systems, yet only 23% say their ERPs can support all AR processes.
December 29, 2014
FASB Issues Alternative Accounting Standard on Intangible Assests
The Financial Accounting Standards Board (FASB) today issued guidance intended to improve private company financial reporting regarding accounting for identifiable intangible assets in a business combination. FASB Accounting Standards Update No. 2014-18, Business Combinations (Topic 805): Accounting for Identifiable Intangible Assets in a Business Combination, is based on a consensus reached by the Private Company...…
December 5, 2014
Prepping for Your First Filing Season
When you start a new business, there’s a lot of behind-the-scenes work that must happen to ensure you are delivering a high quality product or service to your customers. This is especially true for payroll practitioners just starting out. As you gear up for your first filing season, now is the time to make sure...…
December 3, 2014
Year-End Planning: It’s Not Just for Your Clients
Payroll practitioners spend the end of the year helping their clients prepare for year-end and the upcoming year. But year-end planning isn’t just for the clients they serve. It’s equally as important that they spend time prepping their own businesses as well. There are a few items that you will want to ensure makes your...…
November 25, 2014
GASB Issues Preliminary Views on Reporting Government Fiduciary Responsibilities
The Governmental Accounting Standards Board (GASB) has issued for public comment a Preliminary Views, Financial Reporting for Fiduciary Responsibilities.
November 18, 2014
How to Build a Fraud-Resistant Business
Financial reporting fraud can prove costly for investors and other capital market stakeholders. A new report from the Anti-Fraud Collaboration takes a fresh look at best practices for fraud deterrence and detection, highlighting the critical importance of
October 20, 2014
Special Report Focuses on New Financial Statement Preparation, Compilation and Review Standards
The report provides an overview of the AICPA’s Accounting and Review Services Committee’s new standard, which clarifies and revises the Statements on Standards for Accounting and Review Services (SSARS).
October 10, 2014
2014 Review of American Riviera Software Corp – Magtax
Magtax is a year-end form compliance solution provided by American Riviera Software. Magtax is offered in two editions: Standard and Professional. Both offer similar functions, but this review will focus on the Professional edition. Basic System Functions – 4.75 Stars Magtax Professional comes with a five user license and provides for an unlimited number of...…
October 10, 2014
2014 Review of Tenenz – Laser Link
Laser Link is an easy to use year-end compliance reporting solution. Built around forms data entry screens, the system is easy to navigate and use. New for the current release is compatibility with Windows 8/8.1. Basic System Functions – 4.5 Stars Laser Link is a locally installed solution but is also capable for use in...…
October 10, 2014
2014 Review of Spokane Computer – MAG-FILER
MAG-FILER is a year-end tax compliance solution used to process W-2 and 1099 forms through paper and electronic filing. The software solution is an all-inclusive design without multiple modules to purchase or consider. Basic System Functions – 4.5 Stars MAG-FILER installs as a local machine program or on a network with multiple users. During the...…
October 10, 2014
2014 Review of EG Systems – W-2/1099 Filer
W-2/1099 Filer is a year-end form compliance software solution. New for the current release is an enhancement to the on-screen, prior year data view and additions to state electronic filing compliance. Basic System Functions – 4.75 Stars W-2/1099 Filer is installed on local machines, but can also be used in a multi-user, network environment for...…
October 10, 2014
2014 Review of Advanced Micro Solutions – 1099-Etc.
1099-Etc is a payroll software solution designed to prepare a variety of period-end, year-end and related state payroll forms. With available add-on modules, 1099-Etc supports after-the-fact and live payroll, electronic filing and other payroll related functions. Basic System Functions – 4.75 Stars 1099-Etc is a modular system that can be installed locally on machines, through...…
October 10, 2014
2014 Review of AccountantsWorld – After-the-Fact Payroll
After-the-Fact Payroll is part of a suite of products offered by AccountantsWorld. Each product in the product lineup is wholly cloud-based to assist public practitioners in achieving a constant connection to client data. After-the-Fact Payroll is intended as a payroll system, but has a number of features specific to assist in year-end tax reporting. Basic...…