BTerrell Group Blog

Scammers target small to mid sized businesses, but larger victims get the most press. This lulls me into a false sense of security that recent events have shattered. Last week, I treated a valuable client’s Chief Financial Officer to lunch, and during the course of our conversation, he mentioned receiving a large consulting firm’s white paper warning of wire transfer fraud. This scam works by sending a Treasury Manager, Controller or CFO fraudulent instructions via email from their boss instructing them to wire money for a specific purpose to a special account. Often, the boss encourages to “…just keep it between you and me for now”, which may tap into the subordinate's need to be wanted or valued. Also, the request looks extremely legitimate, as the bad guys have nothing better to do than develop their skills at email spoofing.

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In this new digital era, it sure seems as though ecommerce is the predominate place to find your customers; unfortunately, not everyone is buying online.  As indicated in this blog post by Robin Smith called “The 7 Question Series,” nearly 50% of consumers do NOT buy online.  Since approximately 30% of Americans don’t have access to broadband internet at home and only 58% of Americans own a smartphone, there seems to be a surprising gap in technology.  In addition, consumers have become fearful to buy online due to recent security breaches at major businesses including Target and Home Depot.  So where is ecommerce headed?

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When:  September 1st at 11am PST

Your financial management and accounting applications are one of the most critical components of your business infrastructure. Switching to a new accounting system can seem overwhelming, but it doesn't need to be.

During this webinar, you'll learn the best practices for implementing cloud financials and more importantly—how to avoid the pitfalls.

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When: September 2nd at 11 AM PT

In May 2014, the FASB and IASB released a new revenue recognition standard—which will dramatically impact the financial processes of software companies.

Join Intacct and guest speaker, Frank Pasacreta, Partner at Frank, Rimerman + Co, to understand the transition to this new five-step standard and how to streamline your organization's revenue recognition and accounting processes. 

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It’s hard to believe it’s been over two years since the Obama administration temporarily put the brakes on certain parts of the Affordable Care Act’s employer shared responsibility provisions (known informally as the ”play-or-pay” rules), which subject employers with 50 or more full-time employees to potential penalties for the failure to offer adequate and affordable health coverage.

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