Accounting
Xero Partners with H&R Block for Small Business Accounting
Online accounting software maker Xero has partnered with H&R Block, Inc. to offer the Xero system as the core small business online accounting platform in H&R Block's Small Business Program suite of services.
Audit Solution Granted U.S. Patent
The ProSystem fx Knowledge Coach audit solution has been granted a U.S. patent for its knowledge-based system, rule-based content, contextual guidance and functionality, Wolters Kluwer CCH has announced.
Small Business Jobs Index Shows Improvement in Employment
The latest Small Business Jobs Index grew 0.50 percent in the 12 months leading up to April, increasing to 101.26, a new peak level, reflecting improving employment conditions. Washington had the greatest gains among the states measured, with help from Seattle, which showed the highest increase in growth rate among metro areas.
Survey: Business Optimism Hits Highest Level Since 2004
Optimism in the economy among U.S. business leaders reached its highest level since 2004, according to the latest data from the Grant Thornton International Business Report (IBR), a survey of more than 3,300 business leaders in 45 countries. In first quarter 2014, optimism among U.S. business leaders rose 30 percentage points to a net balance of 66 percent.
New IFRS Research Center Launched
The International Accounting Standards Board (IASB), the independent standard-setting body of the IFRS Foundation, has launched its web-based IFRS Research Center.
New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings
XBRL US has announced the publication of its new online US GAAP Pension Analyzer. The tool is available for free to public company reporting managers that runs a set of rules against the pension disclosure within an XBRL-formatted financial statement. XBRL US is the nonprofit consortium for XBRL reporting in the US.
Thomson Reuters Wins Award for Operational Risk Software
Thomson Reuters has been awarded the Operational Risk Software Provider of the Year Award by Operational Risk and Regulation Magazine, in this year's Operational Risk and Regulation Awards. This is the second consecutive year that Thomson Reuters has been awarded this achievement.
Senate Bill Aims to Fix IRS Farm Equipment Expense Change
United States Senators John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.