News

Intuit has reached deals to provide basic product capabilities from Bill.com and Box. The agreements give ProAdvisors free accounts with Bill.com and free document management features from Box to accountants and clients. Together, the deals suggest Intuit will enter more "freemium" arrangements with third parties.

A forensic accountant and certified fraud examiner has pleaded guilty to a charge failed to report a Swiss bank accountant. Howard Bloomberg, 55 of Atlanta, admitted he had not reported the account, whose highest balance in 2008 was more than $950,000, to the U.S. Treasury Department.

The American Institute of CPAs is about to introduce what it terms one of the most significant revisions in non-audit standards in the last 35 years. The pending Statement on Standards for Accounting and Review Services No. 21 is part of an effort to clarify standards for members in public practice who perform reviews, compilations, and engagements to prepare financial statements.

Intuit is giving its QuickBooks ProAdvisors free accounts with Bill.com. ProAdvisors receive  a complementary account for up to three users. And the plan outlined at this week's QuickBooks Connect conference presages relationships with other software vendors.