NEWSLETTER ARCHIVE

COSO Internal Control Framework Update

The Internal Control – Integrated Framework, widely used by businesses in implementing and evaluating internal controls related to operations, compliance and financial reporting, has been in existence for twenty years. In light of fast-paced changes in Information Technology, COSO has implemented a review of these procedures.

XBRL Deadline Approaches

Currently only 1,440 companies are reporting to the SEC using XBRL. The SEC estimates approximately 15,000 companies are traded publically; leaving over 90% of publically traded companies not reporting in XBRL. June 2011 sets a new deadline where these companies must be reporting to the SEC in XBRL format. See how FRx can help you with these changes.

Simplifying The Upgrade Process: New Tools Help You Keep Your Software Current

Studies show many customers choose not to upgrade due to concerns over the cost, downtime, and effort involved. Are you still running on an older version of Sage ERP MAS 90 or Sage ERP MAS 200? If so, remember that Sage is retiring Version 3.71 on September 30, 2010.

Preparing For Year-End Processing

Year-end processing within Sage MAS 90 and 200 ERP involves many steps, and many of them can be performed in advance of the actual closing process. In this newsletter we’ve highlighted some of the most important steps you can take in preparation for the important and necessary year-end process.