Accounting for Technology Blog
Intuit’s Artificial Apology to Tax Preparers
At the 2024 Intuit Connect conference in October, the company’s CEO apologized to tax preparers for Intuit’s “Tax Breakup” ad that encouraged businesses to ditch their accountants and CPAs in favor of TurboTax. It’s not surprising that the ad drew strong criticism...
Clean-Up Accounting: How We Do It
When I talk to company founders and executives about their books, they often tell me that they don’t trust their numbers, either because the monthly reports are incomplete, or because they’re subject to constant revision, or because they arrive too late to be...
Clean-Up Time: Is Your Accounting a Mess?
Running a business typically involves managing many different functions, including operations, R&D, accounting, marketing and sales. At Laurentian, we find that the accounting function frequently receives less attention than the others, especially in new and...
Corporate Strategy Simplified: A Foolproof Test of Your Strategy’s Effectiveness
I’ve been a CPA for more than a few years, and over that time, I’ve found that I’m able to add value to my clients’ businesses in a variety of ways. Having seen many SaaS firms grapple with strategic choices over the years I discovered a simple but effective way to...
Communication Matters: Five M&A Integration Takeaways From Our Latest Deal
Several months ago, I helped to bring about the sale of Natural Insight, a long-time client of Laurentian, LLC. Looking back at the entire process, I thought it might be useful to discuss a few of my takeaways from the deal in order to help other companies that might...
The Top Seven Benefits of Outsourced Accounting for Technology Firms
A critical question asked by founders and executives of tech firms – especially those companies in the early stages of growth – is whether they should hire one or more accountants, or whether it would be wiser to outsource the accounting function to third parties. At...