Accountancy

Accounting niches

October 1, 2010 Marketing
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Absolute Cytron says this about niche practices: Although this may seem obvious, many accounting firms can’t see the forest through the trees to realize they should focus on what they know instead of what they don’t know. It is this intellectual capital in one or two specific areas that enables a firm to develop a niche practice. [...]

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ICAEW Cloud Computing for Accountants: dead book keepers

September 26, 2010 Innovation
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Apologies for those who are done to death by my ICAEW videos. I felt it was appropriate for readers to see and hear from users who talk candidly about their experiences, the issues they come across and the benefits they are getting. Chunking them into small pieces gives everyone an opportunity to decide what they [...]

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ICAEW Cloud Computing for Accountants, report 3 – SaaS training and benefits

September 26, 2010 Cloud Computing/SaaS
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Once again we have the user panel talks candidly about issues that require consideration when selecting SaaS solutions in this 3 min 1 sec segment. John O’Nolan talks about the embedded video help provided by FreeAgent. Rex Harrison and Gary White take a different position. They both said that switching from (say) Sage to the [...]

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The curious amici curiae brief on behalf of PwC

September 11, 2010 Tax and Ethics
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I’m not a lawyer though I’ve done my share of arguing in front of HM Revenue and Customs General Commissioners and briefing counsel on litigious matters. It can be tough yet rewarding work. Over the weekend Francine McKenna sent me the amicus brief submitted on behalf of AICPA and NYSSCPA in the case of Teachers’ [...]

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Will complexity suck the life out of the SaaS advantage?

August 16, 2010 Cloud Computing/SaaS
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Earlier today I received an update from Xero. It said: New Ledger Edition We’ve created a new edition of Xero called Ledger for clients who really only need end-of year reporting. Even if you try it and decide you’d like to be be able to do more, such as invoicing or bank feeds, you can [...]

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e-conomic snags PwC in Denmark

July 6, 2010 Cloud Computing/SaaS

In a post on the e-cconomic blog, the company says: We’re delighted to say we’ve just signed a contract with PricewaterhouseCoopers in Denmark. They will be putting a substantial number of their clients on to E-conomic, during the next few months. From this point on, PWC will be using E-conomic for all their clients who [...]

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The case for cloud accounting

July 5, 2010 Cloud Computing/SaaS

Last week, Jeremy Roche, CEO FinancialForce presented at the Cloud Computing World Forum, making the case for cloud accounting. This 2min 1 sec video neatly encapsulates why this is something you should be considering, especially if you are operating electronic CRM or e-commerce for front of house activities. When talking about cloud computing, the first [...]

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A chance meeting with Ed Molyneux, CEO FreeAgent

July 2, 2010 Cloud Computing/SaaS

While I was attending the Cloud Computing World Forum I unexpectedly bumped into Ed Molyneux, CEO of FreeAgent. I can’t remember the last time we met so it was a pleasant and welcome surprise. As has become usual when I meet CEO’s of the new breed of SaaS accounting solution vendors, we swap notes, exchange [...]

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Vantis in administration, 52 more firms at risk

July 1, 2010 Tax and Ethics

The writing has been on the wall for some time. It now seems that Vantis’ weight of debt has killed off the one time darling of the accounting firm aggregator market. Richard Murphy says: ‘I told you so.’ While I don’t fully agree with his reasoning, which he links to greed, the entitlement attitudes that [...]

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