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Share Name | Share Symbol | Market | Type |
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Intuit Inc | NASDAQ:INTU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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8.97 | 1.36% | 670.15 | 667.03 | 671.00 | 671.4899 | 659.465 | 660.44 | 931,519 | 23:12:46 |
Latest Firm of the Future Survey Highlights Increased Adoption of the Cloud and Importance of Professional Certifications
The world has spoken and the votes are in. From the Accountant Mainstage at the third annual QuickBooks Connect, Intuit Inc. (Nasdaq:INTU) today crowned 24hr Bookkeeper the winner of the 2016 Global Firm of the Future contest, awarding the firm a $15,000 USD cash prize and year-long bragging rights as the global firm that best emulates the Firm of the Future pillars. The remaining finalists Hemingway Bailey of the United Kingdom, Moore Details Bookkeeping of Canada and New Wave Business Solutions of Australia were also announced as finalists and respective country winners, with each firm receiving a cash prize of $5,000 USD.
“We were incredibly humbled by the sheer number of candidates and the caliber of the four finalists in this year’s competition,” said Rich Preece, vice president of Intuit’s Accountant Segment, Small Business Group. “Facing the future is not always easy, but we hope that by recognizing 24hr Bookkeeper as the global winner alongside the three finalists, we help inspire the others to catch up so they can pursue their best future possible.”
As an evolution of last year’s national Firm of the Future contest, Intuit set off on a journey to find the most future-ready firms across the globe in Australia, Canada, the United Kingdom and United States, receiving entries from solo practitioners to large firms. Four months, hundreds of firms and thousands of votes later, one grand prize winner and three finalists emerged as the cream of the crop based on their commitment to embrace online technologies and grow their firms in order to better meet the needs of their small business clients.
And the Survey says…
For further insights into how accounting firms are preparing for their future work climate, Intuit commissioned a second wave study of more than 1,600 accounting professionals. The study is an extension of a similar 2015 survey, and investigated just how ready accounting firms are for the future, and gained insights into where accounting professionals think the industry is headed from a technology and services perspective. When comparing the 2015 and 2016 survey results, accounting professionals continue to agree on the importance of cloud-based tools as well as the value of progressive online marketing strategies to grow their business. While last year’s results highlighted fixed and value pricing as a priority for firms, the 2016 findings show that accounting professionals are increasingly taking steps to further boost the value of their services by investing in their own professional development through trainings and professional certifications.
The 2016 Survey highlights include:
To join the conversation, share on Facebook and Twitter using #QBFirmOfTheFuture.
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals.
Its flagship products and services include QuickBooks® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing. Mint provides a fresh, easy and intelligent way for people to manage their money, while Intuit's ProConnect brand portfolio includes ProConnect Online, ProSeries® and Lacerte®, the company's leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit had revenue of $4.7 billion in its fiscal year 2016. The company has approximately 7,900 employees with major offices in the United States, Canada, the United Kingdom, India, Australia and other locations. More information can be found at www.intuit.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161024005351/en/
Intuit Inc.Danielle Ferris, 650-944-2391danielle_ferris@intuit.comorAccess Emanate CommunicationsVanessa Piccinini, 415-844-6252vpiccinini@access-emanate.com
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