Accounting Relief Wins 2010 Innovation Award from The CPA Technology Advisor.

Contact: Dhananjay Agarwal Director of Marketing dagarwal@accountantsworld.com Phone: (631) 415-9242

HAUPPAUGE, NY / June 8, 2010 – Accounting Relief, a leading Web-based accounting software solution built by AccountantsWorld for accountants and their clients, has received a 2010 Innovation Award from The CPA Technology Advisor, the leading independent multimedia technology resource for the accounting profession.

Learn more about Accounting Relief

Now in their seventh year, the Awards honor new and emerging technologies that have the potential for a significant positive impact on the profession and in the day-to-day work of tax and accounting professionals. Five technologies receive the award annually. Winners are selected by The CPA Technology Advisor’s editorial advisory board and awards committee.

Accounting Relief has been recognized for providing an all-in-one solution that fundamentally changes the way accountants perform client accounting - streamlining the accounting process, and making it more efficient, pain-free and profitable. It addresses one of the biggest limitations of traditional accounting software: clients and accountants working separately, with accountants unable to prevent client errors before they happen. It converts accounting into a well defined project where accountants and their clients work collaboratively, with accountants acting as the project leader and coach. Accountants can customize the system for each client, giving clients access to only the functions they are capable of performing. This dramatically reduces client errors and boosts productivity for both accountants and their clients. Accounting Relief’s collaborative workspace also completely eliminates cumbersome file transfers. Finally, Accounting Relief simplifies the accounting process by including everything needed - from transaction entries to fully customizable financial statements - in one unified system.

"We are honored to receive this award from CPATA," said Dr. Chandra Bhansali, President of AccountantsWorld. "We received the very first Innovation Award for our Payroll Relief solution, and we're thrilled to now garner one for Accounting Relief. I believe that both awards represent the realization of the same basic goal: to re-shape the paradigms of core services that accountants offer to their clients. In the case of Accounting Relief, we have been able to harness the potential of the Internet to put accountants back in control of their practices, with improved profitability and efficiency. We believe that the true client-accountant collaboration featured in Accounting Relief is the future of accounting, and it's immensely gratifying to have that vision validated by The CPA Technology Advisor."

About AccountantsWorld
Based in Long Island, New York, AccountantsWorld has been serving accounting professionals for the past 25 years. Offering accountants a wide spectrum of products, services and resources, AccountantsWorld is the pioneer in helping accountants harness the power of the Internet and make the most of their client relationships. Each month, over 120,000 accountants across the globe use the resources available on the AccountantsWorld.com portal. AccountantsWorld has created a new breed of Accountant-centric solutions that let accountants work collaboratively with their clients on core small business services including accounting, payroll, and financial management, with accountants in the project leader and advisor role.

Please Visit www.AccountantsWorld.com or call (888) 999-1366 to learn more.

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HAUPPAUGE, NY / May 10, 2010 – To reflect the company’s evolution, AccountantsWorld has revamped its website to highlight both its ground-breaking cloud computing solutions for accountants as well as its valuable free resources and tools—including the popular Daily News and Resources that goes out to over 100,000 accountants and CPAs daily.

The AccountantsWorld portal - still accessible through AccountantsWorld.com - began in 2000 by providing free resources to the accounting community. This service is used over 400,000 times each month by accounting professionals to tap into the industry trends, news, and strategies that can help them grow their practices.

"The AccountantsWorld portal still remains a very useful service to accounting professionals, and one that we’re proud to support," said AccountantsWorld president Chandra Bhansali. "However, we believe our most important contribution to accountants today is the pioneering work we’re doing to bring the power of cloud computing to small to mid-size accounting firms to build their practices. Because this work is relatively recent, we felt it was important to revamp our website to highlight the breakthrough solutions we have to offer."

The new website makes it easier for accountants to learn about AccountantsWorld’s Power Practice System™, a fully integrated suite of eight cloud computing solutions for managing and growing accountants’ practices.

Using the Power Practice System, accountants for the first time can work collaboratively with their clients and improve their processes. These capabilities let accountants overcome the challenges they currently face in their day-to-day work and streamline their processes, thus increasing productivity and making their firms more profitable.

By meshing the compelling news and resources that accountants have come to depend upon with a set of award-winning cloud computing offerings, AccountantsWorld’s new website is poised to help the company stay true to its original mission: helping small to mid-sized accounting firms streamline and grow their practices.

About AccountantsWorld
Based in Long Island, New York, AccountantsWorld has been serving accounting professionals for the past 25 years. Offering accountants a wide spectrum of products, services and resources, AccountantsWorld is the pioneer in helping accountants harness the power of the Internet and make the most of their client relationships. Each month, over 120,000 accountants across the globe use the resources available on the AccountantsWorld.com portal. AccountantsWorld has created a new breed of Accountant-centric solutions that let accountants work collaboratively with their clients on core small business services including accounting, payroll, and financial management, with accountants in the project leader and advisor role.

Please Visit www.AccountantsWorld.com or call (888) 999-1366 to learn more.

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