April 2011 Edition

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Feature Article:
“Mobile” is Hot, Hot, Hot in Latest Top Technology Survey

With the rapid growth in technology, “Control and Use of Mobile Devices” landed the top spot on the 2011 Top Technology Initiatives Survey by AICPA. The survey, now in its 22nd year, helps CPAs and accounting professionals provide clients and executives insight on technology concerns by determining and assessing the most in-demand technologies. About 1,400 CPAs across the country completed the 2011 survey.



Ideas In Motion:
Michael Hsu Takes Deep Dives Into Accounting and Technology

Michael Hsu, CEO of DeepSky Accounting, approaches the intersection of accounting and technology with a very unique perspective through outsourced accounting services; in fact, his website describes his work as a “New Age Accounting Solution.” AccountingSoftware411.com caught up with him to find out more about his company, DeepSky’s approach to service and where he thinks paperless technologies are headed in the next few years.

Ideas in Motion is a monthly column designed to focus on best practices within CPA firms and organizations involved in providing technology related services.


Accounting Concepts:
Financial Reporting and Consolidation: Designing Financial Reports - Part 7

This is the 7th article in a series about Financial Reporting and Consolidation. The following article focuses on difference between combined and consolidated reports and intercompany accounting eliminations. This material is adapted from The Automated Accounting Systems and Procedures Handbook (John Wiley, New York 1991) Chapter 12.

This column presents a new accounting system concept each month that may be applicable to your organization.

BillQuick – Time, Billing and Project Management

With BillQuick, all your critical business functions—time and expense tracking, project management, billing and accounts payable—are in one system. If you are already using QuickBooks®, Peachtree Accounting® or MYOB®, you can leverage your existing investment by integrating with BillQuick. You can also get the mobility you desire with BQE’s feature-rich SaaS product which also comes with an iPhone and Android mobile app.

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