Intuit restructures its accounting focus

Accounting Today, January, 2004 by John M. Covaleski

PLANO, TEXAS -- Slightly more than a year after launching Professional Accounting Solutions as the umbrella organization for all its accounting-focused operations, Intuit Inc. has eliminated that unit in a restructuring of its approach to the profession.

Intuit split what was PAS into two distinct organizations: Pro Tax, consisting of the company's professional tax compliance software business units--Pro Series and Lacerte--and Accountant Central, which is responsible for "driving the overall accountant strategy across all Intuit business units." Both units are based here.

Pro Tax will be led by vice president and general manager Karl Grass, while vice president and general manager Brad Smith will helm Accountant Central. Both report directly to Intuit...