Displaying items by tag: Accounting industry

New Zealand global accounting software company Xero has appointed a US-based executive VP and CFO to help spearhead its next stage of growth in the North American market and other international markets.

Accounting software giant Intuit, makers of the Quickbooks cloud accounting solution, has expanded its Sydney-based Australian business with an on-the-ground presence in the Queensland market.

Australian accountants and tax agents have been warned they are likely to lose collectively in excess of $500 million as a result of impending changes to Standard Business Reporting (SBR) procedures reportedly to be made by the tax office.

Accounting software provider Intuit – makers of Quickbooks – is the new primary sponsor for Startup Weekend Australia.

In a marked heating up of the battle currently being waged between small business accounting software providers MYOB and Xero, MYOB chief Tim Reed has questioned Xero’s latest numbers and planted a stake in the ground when it comes to any claim by his Kiwi upstart rival to market leadership.

Accounting software provider MYOB has acquired a four-year old start-up in a deal which further underpins its cloud services strategy and vision for encouraging accountants to move online and delivering them an ‘enhanced collaboration’ platform.

Deploying cloud computing is the number one priority for next year for Australia's accounting and legal sectors, with one in three IT decision makers and just under half in both sectors planning to maintain or increase their budget for cloud computing over the next 12 months.