Private equity firm Bain Capital has signed a deal to purchase Australian accounting software company MYOB for about $1.3 billion, beating out offers from UK’s Sage Group and private equity giant Kohlberg Kravis Roberts & Co.

Web-based audit confirmation services provider Capital Confirmation Inc. has released a mobile app of its Confirmation.com service.

The Receivables Exchange (TRE), the online marketplace for the sale and purchase of receivables, has released a receivables financing application for NetSuite’s SuiteCloud Computing Platform.

The world’s top three financial accounting software vendors in 2010, based on worldwide revenue, were SAP, Oracle and Sage, accounting for 30.3 percent of the market total, according to a recent IDC report.

Intuit Inc. expects net income per share to rise by as much as 24 percent for fiscal year 2012.

Accounting and advisory services firm Marcum LLP has selected Deltek Maconomy to provide enterprise resource planning across its practice to streamline internal processes.

Online accounting software publisher Kashoo Inc. has released Kashoo Accounting, a stand-alone accounting app for the iPad.

Cloud-based enterprise resource planning and customer relationship management software provider Acumatica has released the latest version of its flagship product.

Cougar Mountain Software has released CMS Professional 2012, the latest version of the company’s accounting software.

IMGCAP(1)]Accountants handle sensitive client information on a daily basis.

Long-time Microsoft Dynamics reseller Brittenford Systems has signed a partnership with SaaS-based financial management and accounting software vendor Intacct to resell and develop future offerings for the cloud.

Cougar Mountain Software is working with donation management and fundraising application developer DonorExpress to add donor-tracking capability to its Denali Fund+Accounting nonprofit software.

Sage North America released Sage FAS Fixed Assets 2012 on Tuesday with a significant update to the user interface, including task-based navigation and dedicated functional working areas, among other improvements.

CCH has expanded its Expert Treatise Library with a new title that deals with the federal taxation of partnerships.

Visual analysis and forecasting software provider ProfitSee on Monday released ProfitSee Pro, a program designed to give financial advisors and CPAs real-time oversight of clients’ key business metrics.

New Jersey-based WithumSmith+Brown is the latest CPA firm to join cloud financial management and accounting applications provider Intacct as a business process outsourcing partner.

Payroll, tax and HR service provider CompuPay Inc. has signed an agreement to outsource payroll processing for end-users of Acumatica’s cloud-based ERP system.

SAP released the latest set of features Thursday in SAP Business ByDesign, the German company’s Software-as-a-Service enterprise resource planning product.

Electronic document management software developer eFileCabinet Inc. has partnered with QuickBooks integrated inventory control software provider Fishbowl, in an agreement for the companies to integrate and co-sell each other’s products.

Cloud-based accounting software provider Xero has released Xero Touch, a mobile application that’s now available from the Apple App Store, giving small business owners access to their financial information in Xero.