accounting

Sage Exits Latin America Amid Cloud Transition Growing Pains
Sage Exits Latin America Amid Cloud Transition Growing Pains
March 03, 2020  |  B2B Payments

The British accounting software company Sage is offloading its operations in Brazil in a deal estimated to be valued at £1 million, plus deferred consideration...

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UK Moves Closer To Big Four Accountancy Breakup
UK Moves Closer To Big Four Accountancy Breakup
March 01, 2020  |  B2B Payments

The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte,...

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Open Banking Deepens Its SMB Accounting, Lending Presence
Open Banking Deepens Its SMB Accounting, Lending Presence
February 20, 2020  |  B2B Payments

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. This week’s exploration of the...

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Reuters, KPMG Team For Aussie Business Taxes
Reuters, KPMG Team For Aussie Business Taxes
February 06, 2020  |  B2B Payments

Business information firm Thomson Reuters is teaming up with global tax company KPMG to offer Australia businesses a solution to deal with fringe benefits taxes...

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Accounting Firms MYOB, Xero Eye Invoice Finance Solutions
Accounting Firms MYOB, Xero Eye Invoice Finance Solutions
February 02, 2020  |  B2B Payments

Accounting software providers MYOB and Xero are exploring invoice finance solutions while retaliation ensues in the background regarding products that charge fees to small businesses...

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Small Businesses’ Biggest Lease Accounting Pitfalls
Small Businesses’ Biggest Lease Accounting Pitfalls
January 30, 2020  |  B2B Payments

New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards...

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Accounting Background No Longer Needed For CFO Jobs
Accounting Background No Longer Needed For CFO Jobs
January 29, 2020  |  B2B Payments

Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The Wall Street Journal....

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How Faster Payments Can Show Future Of SMB Cash Flow
How Faster Payments Can Show Future Of SMB Cash Flow
January 28, 2020  |  B2B Payments

Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level. In the effort to migrate SMBs and...

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How Big Data Guides The Accountant’s Evolution
How Big Data Guides The Accountant’s Evolution
January 15, 2020  |  B2B Payments

Technology continues to initiate change in the role of accountants from number-crunchers to strategic advisors. With client requirements in flux, and with regulations becoming more...

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