A Middletown, Del.-based accountant has been accused of embezzling almost $3 million from a trust. An indictment this month accused Donald Rice, age 54, of wire fraud, bank fraud, money laundering and tax offenses, for allegedly taking the money from the trust  for personal uses, including purchase of a luxury vehicle.

Intuit will support multiple CRM software applications to work with QuickBooks Online. The decision is a break from the past practice of support a small number of third-party CRM software products and is in line with Intuit's move toward a more open platform.

Thomson Reuters has launched a certificate program for accounting professionals who want to learn more about small businesses. The curriculum for the Checkpoint Learning Small Business Start-Up Certificate Program explores a variety of start-up concerns such as writing business plan, new business financing options, entity comparisons and fraud prevention.

OfficeTools, which markets practice management and workflow applications, has been acquired by AbacusNext. The purchase of OfficeTools by San Diego, Calif.-based AbacusNext is the latest move by the organization to expand into the accounting firm marketplace.