Explore the latest shifts in U.S. accounting standards led by FASB, focusing on revenue recognition and lease accounting. Learn what these changes mean for businesses.
Read more...
Explore how accounting firms are embracing remote solutions, leveraging cloud technology, and enhancing client trust in the evolving digital landscape.
Read more...
Discover the impact of automated accounting software on the accounting industry. Explore how technology is enhancing efficiency and accuracy in financial data processing.
Read more...
Explore the challenges business face in tax compliance amidst evolving regulations post-pandemic, with insights from leading advisory firms.
Read more...
Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future.
Read more...
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
Intuit's planned practice management suite is going to be a completely Web-based entry. And although Intuit offered few new details, as it seems to be following a policy of dropping a few hints periodically about the package, the fact that the offering is a SaaS product marks a significant shift in the company's approach to the professional tax and accounting market.
Jorge Olavarrieta, group product manager for Intuit's Lacerte line, says the system, now in beta testing, would offer capabilities in managing time and billing and client workflow. But outside of the fact it is Web-based, the suit also has "some different approaches. There are fundamental changes."
Intuit sells a lot of Web-based packages, but principally to consumers via its TurboTax tax preparation package. It also sells a less widely adopted QuickBooks online. Until last year, when the company began testing its Intuit ProLine tax product, it had no SaaS tax and accounting products for the professional market, except for online payroll.
The few details that the company seems to be deliberately dribbling out include the fact the new suite would integrate across, Lacerte, QuickBooks and Microsoft Outlook. There are also due-date, invoicing, and document tracking capabilities being discuss, along with a portal.