Technology

 The Evolution of Write-Up Continues

November 16, 2011 

The Evolution of Write-Up Continues

Alongside professional tax preparation, write-up has long been a cornerstone client service for many full-service accounting firms, providing monthly, quarterly and annual engagements that equate to a fiscal checkup for client businesses. The core elements of account reconciliation, fixing improperly posted transactions and preparation of financial statements are critical to these entities truly knowing their…

 What’s your Horsepower?

November 16, 2011 

What’s your Horsepower?

It’s interesting that that hottest electric car on the market, the Tesla Roadster, touts its 288 horsepower engine. It is an oxymoron in some respects when you think of the imagery. The thing is that you don’t think of 288 horses. Rather, you think of speed. So why is this unit of measurement from 1702...…

 Ten Steps to Tax Document Automation

November 16, 2011 

Ten Steps to Tax Document Automation

When I was approached by the editorial staff at CPAPA to write an article on tax document automation, I immediately accepted the assignment. It wasn’t until I began to write this that I realized all of the different opportunities that exist for today’s tax practitioner to automate their tax documents. To help organize the discussion,...…

 The Face of Leadership: Foreseeing & Managing Change

November 10, 2011 

The Face of Leadership: Foreseeing & Managing Change

Change isn’t always easy, but it happens regardless of our intent. We grow older. Families diverge and branch off as children leave the nest to build their own lives. Economies ebb and flow. Consumer tastes fluctuate, causing some businesses to become obsolete while creating room for new ones. And, of course, changes in technology seem…

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November 4, 2011 

Her Head in the Cloud

How a Tech-Savvy Accountant Waited for Technology to Catch Up to Her Vision. Some of the greatest ideas are imagined years before they can be accomplished. In 2002, a young professional accountant had the idea of providing virtual accounting services to clients.

Isaac M. O'Bannon

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November 3, 2011 

Today’s Tax Research Vendors Embrace Mobility

Today’s tax, accounting and legal professionals are under a constant stream of knowledge exchanges. Clients call, email and text their respective professionals with a variety of scenarios and demand quick answers. The professionals are then left to work out the details and are often left scratching their heads on where to turn next.

Steven M. Phelan

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November 2, 2011 

Thomson Reuters 2011 Year in Review and 2012 Executive Predictions

For a lot of tax and accounting professionals, 2011 was the year when “The New Normal” got a lot less new. We began to see firms adapt successfully and flourish in a changed environment. Firms that have been creative about using all of the information and technology resources at their disposal are doing well. They...…

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October 28, 2011 

Effective Asset Management is More than Depreciation

If you’re reading this review, then you have more than a passing interest in fixed assets … if such a thing is possible. After all, in the glamorous world of tax and accounting, few things may inspire more eye rolls from clients than talking about effective depreciation strategies and methods such as MACRS, ACRS, straight-line,…

Isaac M. O'Bannon

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October 28, 2011 

The ‘Soul’ of Your Service

“In most people’s vocabularies, design means veneer. It’s interior decorating. It’s the fabric of the curtains of the sofa. But to me, nothing could be further from the meaning of design. Design is the fundamental soul of a human-made creation that ends up expressing itself in successive outer layers of the product or service.” –…

Rene Lacerte