Finalists Announced for Accounting Technology Startup Accelerator

Four Companies Selected by the Association of International Certified Professional Accountants and

SAN FRANCISCO--(BUSINESS WIRE)--Four entrepreneurial companies have been chosen as the initial class of a startup accelerator sponsored by the Association of International Certified Professional Accountants (the Association) and

The startup accelerator was launched this past June to help jumpstart innovation in the accounting profession and provide insight into disruptive technologies and automation trends for CPAs and Chartered Global Management Accountants (CGMAs). The finalists get a modest amount of seed money and gain access to senior leaders of the Association and, as well as to an advisory panel of leading practitioners and thought leaders who collectively will provide expertise about global trends and marketplace needs within the accounting profession.

“We were impressed with both the quality and breadth of applicants for the accelerator,” said Erik Asgeirsson, president and CEO of, the technology subsidiary of the American Institute of CPAs. “The Association and are committed to keeping the accounting profession in the forefront of technology, and we look forward to working closely with these promising startups over the next year.”

The four finalists are:

  • TrueUp – The Los Angeles startup uses gamification to help companies assess the technical skills of job candidates and improve those of current employees
  • RegroupTAX – A La Mesa, Calif., firm that built a cloud-based program and app that creates a trial balance and workpapers for business tax preparation
  • Pluma – A San Francisco company that offers a professional development platform pairing working professionals with experienced executive coaches through in-app messaging and video sessions, accessible by computer or mobile device
  • North Capital – A Salt Lake City marketplace solutions and advisory firm whose technology platform allows broker-dealers, funding platforms, and issuers to conduct online private securities offerings

Each finalist will be given the opportunity to present information about their company next summer at AICPA ENGAGE, one of the leading events devoted to public accounting in the United States.

“At the start of this process, we identified two key areas of focus for applicants: 1) technology and financial information and 2) professional competency innovation,” said Lawson Carmichael, the Association’s executive vice president for strategy, people and innovation. “Our finalists nicely balance those priorities.”

The finalists were announced at the Digital CPA Conference, one of the leading U.S. events on technology adoption and practice management improvement for CPA firms.

About offers a growing list of products and services for practice management, client advisory services and professional development. The company has established itself as a thought leader on cloud technology and has been a driving force around the reemergence of virtual CFO/controller services by firms. In addition, – in partnership with – has developed the RIVIO Clearinghouse, an online financial document clearinghouse that enables private businesses to exchange key financial information with lenders and investors. The company is a subsidiary of the American Institute of CPAs, the world’s largest member body representing the CPA profession. 

About the Association of International Certified Professional Accountants

The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.

RegroupTAX Launches Tax Workpaper App

Press Release


RegroupTAX’s workpaper app streamlines the process of tax preparation for accounting firms

San Diego, CA; September 27, 2016: RegroupTAX announced the release of a trial balance/workpaper app designed to assist tax preparers in the preparation and review of business tax returns (1065, 1120S, 1120). The app is designed to be accounting and tax software neutral, providing a paperless workpaper file that is consistent from return to return. The app provides tax professionals a way to group book accounts, post book and tax adjusting entries, and review tax-basis reports that follow the exact order of the tax return.

“I love reviewing RegroupTAX’s reports. It takes me half the time to review the return because all of the book accounts are grouped in the order of the tax return” – Andi Keesling, CPA – Tax Manager at Gatto, Pope & Walwick, LLP

“RegroupTAX helps me to save time on my business returns by summarizing lengthy financials. The workpapers are easy to review and tie directly to the tax return, which allows me to focus on high-level tax issues.” – Melody Thornton, CPA – Owner at MSThornton CPA

The purpose of RegroupTAX’s workpaper app is to provide a cost-effective solution for tax professionals that don’t require the robust features of engagement software.

  • Group book accounts based on the tax return: Eliminate manual summations in pdf or excel files
  • Post book and tax journal entries: Customize the Journal Entry report within the app to send to the bookkeeper/business owner
  • Review paperless tax-basis reports: Reorganize any format of book financials to follow the exact order of the tax return
  • Eliminate data entry (accounting + tax software neutral): The app provides an import feature from various accounting software and an export feature to create trial balances ready for import into various tax software
  • Cost-effective solution focused on tax: Utilize a workpaper solution built with the tax preparer in mind, without costly investment

About RegroupTAX:

RegroupTAX is a SaaS-based company focused on streamlining the tax preparation process by providing an innovative and cost-effective trial balance/workpaper solution. The company strives to create an ecosystem where bookkeepers, tax preparers and business owners can easily work together. RegroupTAX began servicing accounting firms in San Diego, but now proudly services firms nationwide. Learn more at




Tips for Optimizing Your LinkedIn Profile

CPAs aren't necessarily well known for their social prowess, but in a highly referral-based industry, cultivating good networking and business development skills can be an imperative. Building relationships in the business community can be a tremendous way to get referrals. The connections you make out in the world (whether it's at at networking event or in your social life) may end up being a valuable resource for future clients, so it's important to find ways to make connections any way possible. In our highly social media-driven world, LinkedIn is an excellent tool for solidifying and seeking out such relationships. We've put together a list of ways you can boost your presence on LinkedIn and make a lasting impression.

How to Stay Motivated as Tax Season Winds Down

As busy season moves right along and we find ourselves in the final stretch, it can sometimes be difficult to maintain momentum and stay focused. You know how it is: you're working long hours, probably not taking as good care of yourself as you should, scrambling to get everything done, while maybe not being your most productive self. So what do you do to stay motivated? We put together a few tips to help you stay on track during the home stretch of busy season. 

End-Of-Busy-Season Celebration Ideas

It's almost here: the end of busy season. I know-- it's hard to remember a time when you weren't working excessively long hours to meet deadlines and everything that came across your desk didn't need to be done "right now," but that time existed. And it's almost here again. And it will be time to celebrate. So where do you go when the busy season ends? How do you blow off steam with your employees? What exactly IS the best way to celebrate the end of busy season? We've got some ideas to help you plan your soiree, no matter how big or small, casual or swanky. From San Diego, California to Portland, Maine, we've got festivities for any crowd. 

Tips for Managing Stress During Busy Season

Recently we shared some time management strategies to implement during busy season, and it should be noted that having good time management skills can be a great way to help curtail your stress when the workload picks up, but we thought it was important to have some other stress coping mechanisms under your belt for tax season. Often people get so bogged down in the job at this time of year, that they forget to pay attention to their own needs, so we thought a reminder was in order of just a few small ways you can help manage your stress in order to survive this busy season. 

Time Management Strategies During Tax Season

As things are starting to get busier around the office, many CPAs find themselves struggling with their own time management. As we get deeper into busy season, things inevitably get more stressful, so how do you keep yourself productive and maintain your sanity through it all? We’ve put together some tips and strategies to help you keep your edge during the stress of the season and stay on track with your clients.   

Negotiating Salaries… What Matters Most to the New Generation

When it comes to salary negotiation, the process has largely been committed in the same manner for, well, forever. But there seems to be a shift with newer generations in that added benefits are playing more of a key role in their negotiations.


More and more, almost as important as one’s salary itself, people are negotiating their benefits and perks as a means of valuing their work. The notion of “work hard, play hard” is gaining more and more momentum and gaining more prominence in the world of salary negotiation. And that means a solid work-life balance can be just as coveted as an inflated salary.


So what are some of these negotiating terms being brought to the table?