Accounting Technology articles from July 2008

Accounting Technology archives from July 2008

The Conference Circuit: Got Gas?(Conference news)
July 1, 2008... Conferences are hard enough to run. Just look at the annual accounting conference and exhibition run by the New York Society of CPAs. Its not enough that conferences are under attack because theres so much information on the Web. No, the...

Teach Your Clients Well.(Brief article)
July 1, 2008... A well-educated customer is our best customer, says a local clothing store ad in the New York area. That goes for software sales and accounting services as well. Teach Your Clients Well discusses ways in which well-educated customers...

Practice Development News.
July 1, 2008... VITALE ADDS TO BI UNIT Boston-based CPA firm Vitale Caturano has added three members to its business intelligence consulting practice. The firm has hired Marc Andersen and Craig Sussman as managers and Nicholas Bisciotti as a senior...

Accounting News.
July 1, 2008... BIZ ONE VERTICALIZES SAP is rolling out a series of niche products for its Business One software with 20 already in the field and another 15 microvertical applications planned for release this year. Products already launched include...

Survey Finds Growth Ahead for Write-up.(Brief article)
July 1, 2008... A Web survey of visitors to the Web site for Thomson Reuters CS Professional Suite found a majority of respondents predicted their write-up business will grow over the next three years. Grow (55.4%) Decline (0%) ...

Tax & Financial Planning News.(ADP Small Business Services, Emerging Information Solutions and SpeedTax)
July 1, 2008... ADP OPENS PORTAL ADP Small Business Services has launched the Accountant Center, an online portal, that provides resources to small accounting firms. The portal offers free research involving federal, state and local payroll tax laws,...

Show Calendar.
July 1, 2008... JULY 7-10 Microsoft Dynamics Worldwide Partner Conference. Houston. www.microsoft.com JULY 13-17. Ceridian Insights user conference. Gaylord National Resort & Convention Center, National Harbor, Md....

Accounting Technology August Coming Attractions.
July 1, 2008... Killer VARs Whats a Killer VAR? Its a software reseller than has succeeded. Here are the tales of those who show its about more than size. Payroll Gets Stickier To use a business buzzword, payroll is a sticky application....

Teach Your Clients Well: For vendors and advisors, the Rs of education include ROI.
July 1, 2008... There are a lot of terms out therethe Intuit Club, LKA University. Art Nathan, owner of Solution Strategists, has another name, but the principal is the same in terms of making sure the implementation has a chance of success. We always...

Thomson Reuters Builds Partner Summits.
July 1, 2008... With all the conferences, shows, seminars and classes available to tax and accounting practitioners, why did Thomson Reuters Tax and Accounting business see a need for yet another get together. Thomson has scheduled four Partner Summits for...

Davis: Education Widens User Focus.
July 1, 2008... Almost everyone agrees that most software users can use only a small part of the features that business applications provide. The thing I hear the most is that customers are only using a fraction of what our software will do, which I am...

Capturing Data: Automating data entry is a major goal of 2008 tax software.
July 1, 2008... Danta, Chase & Co., a small CPA firm with 15 employees in two offices nestled in Washington State, serves the tax needs of 175 small business clients and processes more than 2,000 returns a year, so having tax preparation software with a high...

Intellitax - the Name's Not the Same.(Brief article)
July 1, 2008... Orrtax Software Solutions announced in May that it has changed its name to IntelliTax. It also changed the name of its multi-office management software from IntelliManager to IntelliTax Manager. With a new identity and new logo in the works...

Sharing Is Good Business: The best practice management packages share data.
July 1, 2008... Thankfully, the days when a CPA or CPA firm had to acquire dozens of disparate applications to manage its practices are over. Now its unusual for firms not to focus their software usage on a full suite of integrated programs. Typically, these...

Coming in August: Accounting Technology's Killer VARs 2008.
July 1, 2008... Whats a Killer VAR? Killer VARs are accounting software resellers recognized for quality performance Its one time that size truly doesnt matter. (c) 2008 Accounting Technology and SourceMedia, Inc. All Rights Reserved....

Knowledge Is Power: Capture client and prospect data with CRM.(Wood Johnson Heath )
July 1, 2008... Bic Wood knew the accountants at his Austin firm didnt want to call themselves sales people. But he needed a way to track leads in order to decide which services would be most suited to prospects. So he gave them the tools they needed to...

Resellers Move from ERP to CRM.
July 1, 2008... Can consulting companies that have traditionally sold ERP products make the transition to CRM? Many believe they can, but that must be accompanied by a mindset change and a bit of outside assistance. CRM is a natural progression for ERP. It...

New Products.(Product/service evaluation)
July 1, 2008... MICROSOFT DYNAMICS AX 2009 Microsoft Dynamics AX 2009, which targets companies that need to manage their operations in multiple sites, currencies or languages, can run multiple legal entities on a central installation and provide a single...

Avalara Pays Commission for Infinity.(Company overview)
July 1, 2008... Dont expect large upfront margins when reselling Avalaras Web-based sales-and-use tax application. Instead, expect to keep getting paid for infinity. Thats the concept behind the Infinity Rewards Program for ERP resellers who also sell...

Advertisers' Index 7/08.
July 1, 2008... Ad Appears Advertiser on page CCH, a Wolters Kluwer business C4 Fuji 5 GoSystem Tax RS 11 Sage Software 15 ...

Parker Looks for New Homes for Deltek.
July 1, 2008... Deltek has been a household name in the architecture and engineering market, but it has had very little impact on accounting firms and accounting software resellers. But that may change under CEO Kevin Parker, who has evolved a 25-year old...

Back and Better Than Ever.
July 1, 2008... As you can easily see from the cover art (courtesy of the extraordinary creative skills of our art director, Jeff Cuyubamba), we have returned with the second ranking of CPA/financial planning firms by Assets Under Management (AUM). As you...

Study Reveals Burgeoning FP Niche: Growing faster than broader industry.
July 1, 2008... The first ever study of CPA financial planning/investment advisory practices, by Moss Adams and the AICPA, shows that the growth of CPAs in this practice area has been steady for several decades with a significant rise in the 1990s and...

Building a Framework for Investment Planning: A way to capture more assets.
July 1, 2008... H.D. Vest Advisors is rolling out the 8 Management Issues process, a framework by which it can systematically address clients financial needs. The system has proven to be a transformational tool used by advisors to capture more assets, open the...

Mutual Fund Comparisons Available on SEC Site: Read, analyze, compare.
July 1, 2008... The SEC has launched a new Internet Web page that enables investors to more easily read, analyze, and compare the information provided by mutual funds related to fund cost, risk, and past performance. The Mutual Reader, available on...

What's the Value of Your Life Insurance Policy?: May help reduce premiums.
July 1, 2008... The Christian Stanley Online Policy Estimate is a tool that helps interested parties get a ballpark estimate of the current value of their life insurance policy. CPAs, long term care insurance agents, and others find such a tool useful, as it...

Clients Seek to Diffuse Market Risk: Meeting investors' objectives.
July 1, 2008... While institutional investors have long embraced alternative investments, individual investors are becoming more familiar with the benefits of this asset class. Hedge funds that are SEC-registered and structured for return consistency are...

On the Book Shelves.(Brief article)
July 1, 2008... Overcoming Financial Dysfunction Leveraging insights about yourself Why Smart People Do Stupid Things with Money by Bert Whitehead, sets the reader on the road to financial freedom by analyzing their own financial personality,...

Wealth Magnets: Second Ranking of CPAs by AUM.
July 1, 2008... Is this an oxymoron, CPAs who think outside the box? How about an entrepreneurial, adventuresome CPA firm that flourishes not only because they listen to the needs of their clients, they also anticipate them? Honkamp Krueger & Co., P.C.,...

The Billion Dollar Club.(Brief article)(List)
July 1, 2008... AUM $ FIRM NAME CITY STATE MANAGING PARTNER 6,500,000,000 myCIO Wealth Partners Philadelphia PA David E. Lees 5,364,891,492 Plante Moran Financial Advisors Southfield MI Robert M. Palmer 4,900,000,000...

The $100+ Million Club.(List)
July 1, 2008... AUM $ FIRM NAME CITY STATE MANAGING PARTNER 943,635,003 SVA Wealth Management Madison WI R. Hugh Boysen 900,000,000 Clifton Gunderson Financial Services Madison WI Robert A. Mathers 812,000,000 Moss Adams...

The $50+ Million Club.(List)
July 1, 2008... AUM $ FIRM NAME CITY STATE MANAGING PARTNER 99,000,000 Mason Road Wealth Advisors St. Louis MO William J. Bender 98,838,366 Gunn & Company Investment Management Jacksonville FL Marshall D. Gunn, Jr. ...

The Rising Stars.(List)
July 1, 2008... AUM $ FIRM NAME CITY STATE MANAGING PARTNER 47,000,000 CSA Financial Advisors Cincinnati OH Michael W. Clark 46,216,625 Salem Asset Management Salem OR Joanne E. Humphrey 46,000,000 Dexter Ward & Associates...

Ones To Watch.(Brief article)(List)
July 1, 2008... Bullock Capital Alliance Colorado Springs CO David Bullock Carey & Hanna Ventura CA Bob Carey Edwin Andrews & Co. Coconut Creek FL C.J. DiPardo CPA Fitzgerald Financial Partners Houston TX Michael J. Fitzgerald H &...

Number of Employees.(Table)
July 1, 2008... Wealth Magnet Elite # % 17 100% 1-9 0 0% 10-24 0 0% 25-99 12 71% 100-499 2 11% 500+ 3 18% Wealth Magnet Select #...

Equity Collars: A New Strategy: Investment discipline with limited risk.
July 1, 2008... In a January 2008 Journal of Financial Service Professionals article, I examined the broader application for Equity Collars, a risk management tool that in the past has mainly been used to protect concentrated stock positions. The article,...

Equities Hedged with Collars.
July 1, 2008... Thomas Schwab, who is the chief investment officer of Summit Portfolio Advisors in Denver, says that equity risk is normally controlled through portfolio diversification and asset allocation. He notes that asset allocation models rely on the...

Managing an Emerging Practice: Perhaps an administrator can help.
July 1, 2008... First, the bad news courtesy of the Department of Commerce: Over one million businesses are started every year in the U.S. and 40 percent fail by the end of 12 months. Another 40 percent fail after five years, and 80 percent of those, which...

Helping the Vast Under-Served Middle Market: Innovative services can grow your practice.
July 1, 2008... The key to business success is fairly simple: * Identify a large market that desperately needs help * Design a unique product or service that will help that market * Make it affordable and profitable * Market and deliver new...

What You Need to Know About Captives.
July 1, 2008... In recent months, captives have come to the forefront of the insurance industry. And, as a result, there has been increased interest in what they are, the benefits they provide, and if they are a viable option for companies. WHAT IS A...

SPOTLIGHT ON... Fitzgerald Financial Partners.
July 1, 2008... Located in Houston, Texas, Fitzgerald Financial Partners, LLC is a registered investment advisory firm specializing in five-year retirement income replacement planning designed to help their clients replace 100 percent of their income and...

Growing Your Financial Services Firm.
July 1, 2008... I am often asked by CPAs who are also selling financial services this question: Can you help me build my financial planning business? Heres what I tell them. The easiest way to sell financial planning services is to sell accounting and write-up...