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Test Code : CITP
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Vendor appellation : Financial
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Financial pecuniary Certified Information Technology

FIS technology Speeds testing and Certification technique for RTP®, recent real-Time funds device from The Clearing condominium | killexams.com real Questions and Pass4sure dumps

JACKSONVILLE, Fla.--(company WIRE)--

FIS™ (FIS), a global leader in fiscal capabilities expertise, these days announced an settlement with The Clearing condo (TCH) to provide it with superior know-how for speeding the checking out and certification technique for fiscal associations connecting to RTP®, a brand recent precise-time payments device these days launched through The Clearing condominium.

financial institutions and fee corporations looking to hook up with RTP® can disburse the device to verify their readiness to comprehensive RTP certification. they're required to flee a variety of simulated exams ahead of being certified on the RTP system. recent software from FIS will automate the method, allowing members to flee the required tests and complete the precertification and certification system extra directly and efficaciously.

“RTP® offers true-time transaction clearing and contract for complete U.S. banks and credit score unions,” observed Russ Waterhouse, executive vice chairman, Product progress and approach, The Clearing residence. “Automating the checking out and certification system will build it less demanding and sooner for these institutions to gather on board.”

the recent contract builds and expands on present work between FIS and TCH to deliver the advantages of actual-time price clearing and contract to U.S. fiscal associations. FIS offers resourceful know-how designed to support U.S. pecuniary associations hurry up the direction to actual-time payments.

“U.S. pecuniary associations are desperate to carry true-time payments to their valued clientele as perquisite now as viable,” observed Marianne Brown, FIS co-chief operating officer. “via simplifying and expediting the checking out and certification process fiscal institutions should live capable of recognize the merits of actual-time payments extra at once.”

provided as each a hosted provider and on-premises answer, the FIS certification technology makes it viable for fiscal associations to start checking out of real-time funds in a secure, verified atmosphere with out the want for colossal upfront investment. TCH members can pre-certify their applications inside the hosted service, or select to installation the pre-certification solution on-premises.

FIS is a worldwide chief in superior funds options. The company helps precise-time funds creation environments in 27 countries global.

About FIS

FIS is a worldwide leader in economic capabilities know-how, with a focus on retail and institutional banking, payments, asset and wealth administration, possibility and compliance, and outsourcing solutions. in the course of the depth and breadth of their options portfolio, world capabilities and domain capabilities, FIS serves greater than 20,000 valued clientele in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs greater than 52,000 americans global and holds leadership positions in permeate processing, fiscal utility and banking options. providing utility, features and outsourcing of the know-how that empowers the fiscal world, FIS is a Fortune 500 company and is a member of customary & poor’s 500® Index. For greater tips about FIS, visit www.fisglobal.com.

comply with FIS on fb (facebook.com/FIStoday), LinkedIn (linkedin.com/enterprise/fis) and Twitter (@FISGlobal).

View supply edition on businesswire.com: https://www.businesswire.com/information/domestic/20180626005869/en/


Micron technology, Inc., experiences effects for the first Quarter of Fiscal 2019 | killexams.com real Questions and Pass4sure dumps

BOISE, Idaho, Dec 18, 2018 (GLOBE NEWSWIRE by means of COMTEX) -- BOISE, Idaho, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Micron know-how, Inc., MU, +0.68% nowadays introduced results for its first quarter of fiscal 2019, which ended Nov. 29, 2018.

Fiscal Q1 2019 Highlights

  • income of $7.91 billion, up sixteen % compared with the identical age ultimate yr
  • GAAP web revenue of $three.29 billion, or $2.eighty one per diluted share
  • Non-GAAP net profits of $three.fifty one billion, or $2.97 per diluted share
  • operating cash movement of $4.eighty one billion in comparison with $3.sixty four billion for a similar length ultimate 12 months
  • Share repurchases of $1.eighty billion below the licensed buyback software
  • "Micron mentioned stout profitability within the fiscal first quarter, highlighted by using double-digit year-over-year income growth across their major markets and solid enterprise execution," Micron know-how President and CEO Sanjay Mehrotra observed. "regardless of decrepit close-term commerce give-demand dynamics entering calendar 2019, Micron is neatly-placed to carry felicitous profitability during the yr. They continue to live bullish on the lengthy-term secular growth tendencies riding the reminiscence and storage industry."

    Quarterly pecuniary effects (in tens of millions, except per participate quantities) GAAP (1) Non-GAAP (2) FQ1-19 FQ4-18 FQ1-18 FQ1-19 FQ4-18 FQ1-18 salary $ 7,913 $ 8,440 $ 6,803 $ 7,913 $ eight,440 $ 6,803 Gross margin $ four,615 $ 5,151 $ 3,747 $ four,670 $ 5,179 $ 3,769 % of profits 58.3% sixty one.0% fifty five.1% fifty nine.0% sixty one.four% 55.4% operating earnings $ 3,759 $ 4,377 $ 3,097 $ three,887 $ 4,439 $ three,157 percent of earnings 47.5% 51.9% 45.5% 49.1% fifty two.6% 46.4% net profits attributable to Micron $ 3,293 $ 4,325 $ 2,678 $ 3,508 $ four,313 $ 2,994 Diluted earnings per share $ 2.eighty one $ three.56 $ 2.19 $ 2.97 $ 3.53 $ 2.45

    Investments in capital fees, internet of quantities funded by using partners, had been $2.forty eight billion for the primary quarter of 2019, which resulted in adjusted free money flows [(3)] of $2.33 billion. Micron repurchased an amalgam of 42 million shares of its commonplace inventory for $1.eighty billion complete through the quarter in reference to its $10 billion participate repurchase authorization. The enterprise ended the first quarter in a list net cash space of $three.07 billion with cash, marketable investments, and restricted cash of $7.21 billion.

    Micron will host a convention appellation on Tuesday, Dec. 18, 2018 at 2:30 p.m. MT to focus on pecuniary effects and provide ahead-looking assistance for fiscal 2nd quarter. The name, audio, and slides can live obtainable on-line at traders.micron.com. A webcast replay will live available on their web site until Dec. 18, 2019. A taped audio replay of the convention convoke will even live accessible at 1-404-537-3406 or 1-855-859-2056 (conference number:3349486) starting at 5:30 p.m. MT, Dec. 18, 2018 and carrying on with via Dec. 25, 2018. For Investor relations and different commerce updates, comply with @MicronTech on Twitter at twitter.com/MicronTech.

    About Micron know-how, Inc.we're an trade leader in inventive recollection and storage options. via their global manufacturers - Micron [(R)] , vital [(R)] and Ballistix [(R)] - their extensive portfolio of high-efficiency reminiscence and storage technologies, together with DRAM, NAND, NOR sparkle and 3D XPoint(TM) reminiscence, is remodeling how the world makes disburse of suggestions to enrich life. Backed by means of 40 years of expertise management, their reminiscence and storage solutions enable disruptive trends, including synthetic intelligence, desktop discovering, and self sustaining vehicles, in key market segments devotion cloud, facts center, networking, cellular and automobile. Their tolerable stock is traded on the NASDAQ below the MU image. To study more about Micron expertise, Inc., hunt advice from micron.com.

    The Micron emblem and Micron image are logos of Micron technology, Inc. complete different emblems are the property of their respective homeowners.

    This press unencumber contains forward-looking statements related to the industry and their strategic position and pecuniary effects. These forward-looking statements are matter to a yoke of dangers and uncertainties that could cause actual results to vary materially. gratify advert to the files they file with the Securities and alternate fee, certainly their most recent kind 10-okay. These files comprise and identify well-known elements that might trigger their precise consequences to vary materially from these contained in these forward-looking statements. These certain elements may likewise live establish at www.micron.com/certainfactors. however they harmonize with that the expectations reflected in the ahead-searching statements are reasonable, they can not assure future outcomes, stages of undertaking, performance, or achievements. they are under no responsibility to supersede any of the ahead-searching statements after the date of this unencumber to comply these statements to exact consequences.

    (1) GAAP represents U.S. generally permitted Accounting concepts.(2) Non-GAAP represents GAAP with the exception of the impress of certain activities which their management excludes in examining their operating consequences and realizing developments in their salary. Non-GAAP additionally comprises the repercussion on shares used in per participate calculations of their mind-blowing capped appellation transactions and from the exclusion of stock-primarily based compensation. For a reconciliation of GAAP to non-GAAP effects, descry the accompanying monetary tables and footnotes.(3) Adjusted free cash flux includes money offered by using operating actions of $4.eighty one billion for the primary quarter of 2019 less investments in capital charges, net of amounts funded by partners.

    MICRON know-how, INC.CONSOLIDATED economic abstract(in thousands and thousands except per participate amounts)

    1st Qtr. 4th Qtr. 1st Qtr. November 29, 2018 August 30, 2018 November 30, 2017 revenue [(1)] $ 7,913 $ eight,440 $ 6,803 charge of goods bought 3,298 three,289 3,056 Gross margin four,615 5,151 three,747 selling, commonplace, and administrative 209 215 191 analysis and development 611 567 448 different operating (salary) expense, web 36 (eight ) 11 working profits three,759 4,377 three,097 interest revenue (expense), web 5 (sixteen ) (101 ) different non-working profits (rate), net [(2)] 9 (15 ) (204 ) earnings tax provision [(3)] (477 ) (20 ) (114 ) internet profits attributable to noncontrolling pastimes (three ) (1 ) -- net salary as a result of Micron $ 3,293 $ four,325 $ 2,678 profits per share simple $ 2.91 $ 3.73 $ 2.36 Diluted 2.eighty one three.fifty six 2.19 number of shares utilized in per participate calculations basic 1,133 1,159 1,134 Diluted 1,174 1,216 1,225

    CONSOLIDATED fiscal summary, endured

    As of November 29, 2018 August 30, 2018 cash and brief-time age investments $ 5,563 $ 6,802 Receivables [(1)] 5,418 5,478 Inventories 3,876 3,595 complete existing assets [(1)] 15,039 16,039 lengthy-time age marketable investments 1,565 473 Property, plant, and machine, web 24,807 23,672 restrained cash 78 eighty one complete belongings [(1)] forty four,595 43,376 money owed payable and accumulated charges 4,200 4,374 existing debt [(2)] 398 859 complete current liabilities 5,189 5,754 lengthy-time age debt 3,734 three,777 complete Micron shareholders' fairness [(1)] 33,869 32,294 Noncontrolling pursuits in subsidiaries 870 870 complete fairness 34,739 33,164 Quarter Ended November 29, 2018 November 30, 2017 internet cash offered by using working activities $ 4,810 $ three,636 web money provided by using (used for) investing actions (four,427 ) (1,434 ) internet cash provided by means of (used for) financing actions (2,435 ) (1,282 ) Depreciation and amortization 1,353 1,119 Investments in capital fees (2,720 ) (2,089 ) Repayments of debt [(2)] (577 ) (2,744 ) money paid to acquire treasury inventory [(4)] (1,836 ) (23 ) Proceeds from issuance of inventory 15 1,472 Proceeds from issuance of debt -- a hundred and fifty
  • in the first quarter of 2019, they adopted ASU 2014-09 - earnings from Contracts with customers (as amended, "ASC 606"), which supersedes practically complete latest profits focus information below frequently permitted accounting principles in the united states. The core essential of ASC 606 is that an entity should prize income when it transfers promised goods or capabilities to shoppers in an amount that reflects the consideration to which the entity expects to live entitled in alternate for these goods or functions. In adoption, they utilized the modified retrospective manner and, in connection therewith, made clear alterations to their opening balances as of August 31, 2018. alterations to opening balances blanketed a ascend to receivables of $114 million, reduction of deferred tax assets of $ninety two million, extend of alternative existing property of $30 million, and a ascend to retained profits of $50 million.
  • in the first quarter of 2019, they settled conversions of debt with an amalgam principal quantity of $38 million for money of $164 million and diagnosed non-operating losses of $13 million.
  • On December 22, 2017, the USA enacted finished tax legislation often observed because the Tax Cuts and Jobs Act (the "Tax Act") which imposed a one-time transition tax in 2018 (the "Repatriation Tax") and created a recent minimum tax on clear overseas profits. Their accounting for the effects of the Tax Act turned into accomplished during the first quarter of 2019.

    Our income tax provision consisted of the following:

  • Quarter ended November 29, 2018 August 30,2018 November 30, 2017 profits tax provision, aside from items beneath $ (378 ) $ (113 ) $ (88 ) Utilization of and other changes in net deferred tax assets of MMJ, MMT, and MTTW (fifty two ) 10 (26 ) Repatriation Tax, web of alterations related to uncertain tax positions (forty seven ) 83 -- $ (477 ) $ (20 ) $ (114 )
  • within the first quarter of 2019, they repurchased forty two million shares of their regular stock for $1.80 billion through a amalgamate of repurchases pursuant to an accelerated participate repurchase settlement, Rule 10b5-1 plan, and through open market repurchases. The shares had been recorded as treasury inventory.
  • MICRON know-how, INC.RECONCILIATION OF GAAP TO NON-GAAP effects(in hundreds of thousands, except per participate quantities)

    1st Qtr. 4th Qtr. 1st Qtr. November 29, 2018 August 30, 2018 November 30, 2017 GAAP Adj Non-GAAP GAAP Adj Non-GAAP GAAP Adj Non-GAAP revenue $ 7,913 $ -- $ 7,913 $ 8,440 $ -- $ eight,440 $ 6,803 $ -- $ 6,803 can permeate of items bought three,298 (55 ) three,243 three,289 (28 ) 3,261 3,056 (22 ) three,034 Gross margin 4,615 55 four,670 5,151 28 5,179 3,747 22 three,769 percent of income fifty eight.3% 59.0% sixty one.0% sixty one.4% 55.1% fifty five.four% selling, standard, and administrative 209 (21 ) 188 215 (13 ) 202 191 (18 ) 173 research and advancement611 (22 ) 589 567 (14 ) 553 448 (14 ) 434 other working (profits) fee, internet36 (30 ) 6 (eight ) (7 ) (15 ) eleven (6 ) 5 operating bills856 (seventy three ) 783 774 (34 ) 740 650 (38 ) 612 operating revenue three,759 128 3,887 four,377 62 four,439 three,097 60 3,157 percent of profits forty seven.5% forty nine.1% fifty one.9% fifty two.6% 45.5% forty six.four% activity earnings (rate), web5 18 23 (16 ) 23 7 (a hundred and one ) 29 (72 ) different non-operating profits (price), web9 (eight ) 1 (15 ) 14 (1 ) (204 ) 204 -- 3,773 138 three,911 4,346 99 four,445 2,792 293 three,085 income tax provision (477 ) seventy seven (400 ) (20 ) (111 ) (131 ) (114 ) 23 (91 ) web profits three,296 215 three,511 four,326 (12 ) four,314 2,678 316 2,994 net earnings because of noncontrolling hobbies (3 ) -- (3 ) (1 ) -- (1 ) -- -- -- web profits brought on by Micron $ three,293 $ 215 $ three,508 $ four,325 $ (12 ) $ 4,313 $ 2,678 $ 316 $ 2,994 Shares utilized in calculations 1,174 5 1,179 1,216 4 1,220 1,225 (5 ) 1,220 Diluted salary per share $ 2.81 $ 0.16 $ 2.ninety seven $ 3.56 $ (0.03 ) $ 3.53 $ 2.19 $ 0.26 $ 2.45

    MICRON expertise, INC.NON-GAAP changes(in tens of millions)

    1st Qtr. 4th Qtr. 1st Qtr. November 29, 2018 August 30, 2018 November 30, 2017 Non-GAAP alterations cost of goods bought inventory-based compensation $ 26 $ 21 $ 20 employee severance, start-up fees, and different 29 7 2 55 28 22 selling, usual, and administrative inventory-based reimbursement19 13 18 employee severance and different 2 -- -- 21 13 18 research and development inventory-primarily based repaymentsixteen 13 13 employee severance and different 6 1 1 22 14 14 different operating (earnings) price, net Restructure and asset impairments 30 7 6 activity earnings (fee), web Amortization of debt discount and other costs 18 23 29 different non-operating income (cost) (profit) loss on debt repurchases and conversions (14 ) (1 ) 195 (profit) loss from adjustments in forex alternate fees 5 15 9 different 1 -- -- (eight ) 14 204 profits taxes affect of U.S. income tax reform forty seven (83 ) -- Estimated tax outcomes of above, together with tax merits from inventory-based compensation, and non-money alterations in internet deferred earnings taxes 30 (28 ) 23 77 (111 ) 23 $ 215 $ (12 ) $ 316

    The tables above reconcile GAAP to non-GAAP effects, diluted shares, and diluted revenue per share. The non-GAAP changes above may or might likewise no longer live infrequent or nonrecurring in nature however are a result of occasional or non-core operating activities. They accept as apt with this non-GAAP counsel is positive to understanding tendencies and in analyzing their operating results and salary. they are presenting this tips to traders to aid in performing evaluation of their operating effects. When evaluating performance and making choices on how to earmark their elements, administration makes disburse of this non-GAAP counsel and believes buyers should fill entry to similar records when making their investment selections. They trust these non-GAAP monetary measures raise transparency by way of offering traders with effective supplemental tips in regards to the fiscal efficiency of their business, enabling more suitable assessment of their operating outcomes between periods and with peer businesses. The presentation of those adjusted quantities varies from numbers presented in keeping with U.S. GAAP and hence may additionally no longer live akin to amounts pronounced via other agencies.

    Our management excludes here items in inspecting their operating consequences and knowing developments in their revenue:

  • inventory-primarily based compensation;
  • circulate-through of enterprise acquisition-connected stock alterations;
  • Acquisition-connected fees;
  • employee severance, beginning-up prices, and other;
  • Restructure and asset impairments;
  • Amortization of debt discount and different expenses, together with the accretion of non-money interest cost associated with their convertible debt and MMJ creditor debt;
  • positive factors and losses from debt repurchases and conversions;
  • beneficial properties and losses from changes in currency alternate quotes;
  • good points and losses loss from commerce acquisition actions;
  • have an consequence on of the U.S. revenue tax reform for the Repatriation Tax, unlock of U.S. valuation allowance, and remeasurement of web deferred taxes reflecting the lessen U.S. corporate tax quotes; and
  • The estimated tax results of above, including tax advantages from stock-primarily based compensation, and non-cash alterations in web deferred taxes.
  • Our wonderful capped convoke transactions are anti-dilutive in GAAP salary per participate but are anticipated to mitigate the dilutive repercussion of their convertible notes. In durations with non-GAAP profits because of Micron, non-GAAP diluted shares include the fill an consequence on of the capped calls, in accordance with the ordinary participate expense for the length the capped calls are astounding. Non-GAAP diluted shares are likewise adjusted for the fill an repercussion on of additional shares as a result of the exclusion of stock-based mostly compensation from non-GAAP profits.

    Contacts: Farhan Ahmad Investor relations farhanahmad@micron.com (408) 834-1927 Erica Rodriguez Pompen Media relations epompen@micron.com (408) 834-1873

    (C) Copyright 2018 GlobeNewswire, Inc. complete rights reserved.


    licensed fiscal Planning course and practicing software data | killexams.com real Questions and Pass4sure dumps

    Foundations of pecuniary Planning direction

    This licensed pecuniary planning route is the first taken in any fiscal planning program. The thought and practice of certified pecuniary planning are the fundamental topics lined during this classification. students additionally delve into topics equivalent to cash circulation evaluation, pecuniary ratios, college training, retirement, and estate planning, and employment advantages. in lots of situations, a pecuniary calculator akin to a HP-12C is required.

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    This classification serves as a top smooth view of worker advantages plans and the way they're utilized in pecuniary future preparations. issues of dialogue include 401K packages and retirement benefits, medical insurance options, tax deferrals, incapacity programs, stock options, and social security. college students ought to actively capture piece during this ilk with the aid of making disburse of advantage received of their personal workplace experiences. This course is necessary in complete licensed economic planning courses.

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    When someone passes away, their funds and homes exigency to live documented and redistributed based on particular legal guidelines and techniques. An property planning path discusses demise and present taxes, documentation, precise property taxes, charitable giving, wealth transference, liquidity, wills, and trusts. Addressing probably the most vital features of licensed monetary planning, an estate planning path is primary in complete programs.


    CITP Certified Information Technology Professional (CITP)

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    CITP exam Dumps Source : Certified Information Technology Professional (CITP)

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    No result found, try recent keyword!Mark holds additional certifications including Certified Information Technology Professional (CITP), Certified in pecuniary Forensics (CFF) , Chartered Global Management Accountant (CGMA). Dynamics Cr...

    Newsmaker: First National Bank & trust of BA controller reaches CITP certification | killexams.com real questions and Pass4sure dumps

    Olga Morgan, controller at First National Bank & trust of Broken Arrow, has become a certified information technology professional, bank board chairman and CEO Gregory Graham announced.

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    Morgan is likewise certified as an accountant and fraud examiner. Her professional ascend is “a apt American success story,” Graham said.

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    A autochthonous of Kazan, Russia, she earned a bachelor’s degree in mathematics and a master’s degree in applied mathematics (computer science) from Kazan Federal University and worked for a year as a computer programmer. She came to the U.S. in 2002, married Bill Morgan, a longtime travel agent and pecuniary investor, and later went to work for what is now Central Bank of Oklahoma.


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    (PRLEAP.COM) June 30, 2016 - Donny Shimamoto was recognized at the AICPA Practitioners Symposium and TECH+ conference this year with a 2016 Standing Ovation Award. The American Institute of CPAs honored 19 immature CPAs with the CITP credential for their contributions to the areas of information management and technology assurance. The program recognizes the best immature CPAs in various specialty credential areas. The Standing Ovation program recognizes CPAs 40 and under, who exhibit outstanding professional achievement in information management and technology assurance.

    Nomination requirements for the Standing Ovation program include maintaining an lively CPA license, being an AICPA member in beneficial standing, holding the Certified Information Technology Professional specialty credential and exhibiting outstanding professional achievement. The AICPA Practitioners Symposium and TECH+ conference generates excitement for CPA firms by offering recent content each year that is designed to propel professional accounting practices into the future. Donny was a presenter at the conference in the Technology track.

    The award is a recent addition to a growing list of honors for Donny; the immediate past chairman of the AICPA's Information Management & Technology Assurance Executive Committee, and former member of its Governing Council and Assurance Services Executive Committee, and an honoree of multiple industry awards. He has worked on several international collaborations between the AICPA and CIMA related to commerce intelligence and is likewise a frequent speaker on how management accountants can assist add-value to their organizations.

    Donny commented on reception of the award, "I want to thank the AICPA for the recent recognition. The Standing Ovation award is well-known as it recognizes immature leaders in the accounting profession who specialize in information technology. I am honored to live included in this list of very talented CPAs."

    Donny has been recognized as one of the Top 100 Most Influential People by Accounting Today in 2013 and 2014, a Top Thought Leader in Public Accounting by CPA practice Advisor from 2012 to 2016, he received the 2009-2010 President's Award from the Hawaii Society of CPAs, was named to CPA Technology Advisor's 40 Under 40 list in 2007, 2009 and 2014, and was likewise a Hawaii Top lofty Tech Leader in 2004.

    About Donny ShimamotoDonny C. Shimamoto, CPA.CITP, CGMA, is the founder and managing director of IntrapriseTechKnowlogies LLC, a specialized CPA difficult dedicated to helping minute businesses and middle market organizations leverage strategic technologies, proactively manage their commerce and technical risks, and enable balanced organizational growth and development. Donny (@DonnyITK) is a recognized thought leader in the Accounting Technology performance management fields. He is dedicated to helping accountants and minute businesses become more efficient using the most innovative tools and systems available to generate higher profits. For more information, visit http://www.donnyitk.com/ where you can find Donny inspiring the next generation of commerce professionals in his personal blog on leadership, business, IT and his life as a technical CPA.

    About IntrapriseTechKnowlogiesIntrapriseTechKnowlogies LLC (ITK) is an advisory-focused CPA difficult specializing in organizational progress and commerce process outsourcing for minute businesses, middle market organizations, and nonprofits. With expertise in right-sizing enterprise processes and leveraging cost-effective enterprise technologies that enables minute and mid-sized organizations to gain a competitive advantage, ITK is focused on providing executive-level technology management, enterprise architecture, commerce performance management, information architecture and management, technology risk management, and knowledge management consulting services. Visit http://www.intraprisetechknowlogies.com/ for more information.



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