Online Accounting and Tax Resources

Accounting News

Accounting Guide

Accounting Services

Tax Services

Resources

Accounting News

Custom Search

Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007

SEC Charges Ex Beazer Accounting Chief with Fraud
The SEC has charged the former chief accounting officer of Beazer Homes with conducting a fraudulent earnings management scheme for over five years and misleading the home builder s outside auditors and internal accountants. (Thu, 02 Jul 2009 15:06:13 GMT)

Nigeria: Accounting Board Partners NERC to Improve Standards
Lagos — The Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Accounting Standard Board (NASB) are collaborating to develop an accounting system to aid the determination of electricity tariff, report cost and expenses for the Nigerian Electricity Supply Industry (NESI). (Thu, 02 Jul 2009 12:16:58 GMT)

Ex-Beazer Accountant Sued by SEC for Accounting Fraud (Update1)
July 1 (Bloomberg) -- Beazer Homes USA Inc .’s former chief accounting officer was sued by the U.S. Securities and Exchange Commission for fraudulently managing earnings to meet analysts’ expectations and boost executive bonuses. (Wed, 01 Jul 2009 21:28:23 GMT)

(AFX UK Focus) 2009-07-01 19:45 UPDATE 1-SEC accuses ex-Beazer official of accounting fraud
NEW YORK, July 1 (Reuters) - U.S. stock regulators on Wednesday accused a former chief accounting officer at Beazer Homes USA Inc of running a fraudulent scheme to manipulate the builder's results. Michael Rand, of Sandy Springs, Georgia, was accused in a civil lawsuit of violating federal securities law and misleading the builder's outside auditors to conceal his wrongdoing. (Wed, 01 Jul 2009 19:08:30 GMT)

The Association of Latino Professionals in Finance and Accounting Announce Details of its Annual Convention in Boston, ...
A four-day event for professionals and students pursuing careers in finance and accounting that includes workshops, networking events, luncheons and dinner gala. Over 2,000 expected to attend the 4-day event that will include a career fair with close to 100 companies participating. (PRWeb Jul 1, 2009) Read the full story at http://www.prweb.com/releases/20 (Wed, 01 Jul 2009 18:52:19 GMT)

SEC Charges Former Chief Accounting Officer of Beazer Homes for Fraudulent Earnings Management Scheme
Washington, D.C., July 1, 2009 — The Securities and Exchange Commission today charged the former chief accounting officer of Atlanta-based home builder Beazer Homes, USA, Inc., for conducting a multi-year fraudulent earnings management scheme and misleading Beazer's outside auditors and internal Beazer accountants in order to conceal his wrongdoing. (Wed, 01 Jul 2009 18:44:10 GMT)

FASB Debuts Accounting Standards Codification
The Financial Accounting Standards Board has officially launched its FASB Accounting Standards Codification, an online interactive research tool that will serve as the single source of authoritative nongovernmental U.S. generally accepted accounting principles. (Wed, 01 Jul 2009 16:06:51 GMT)

FASB Accounting Standards CodificationTM Launches Today
NORWALK, Conn.----The Financial Accounting Standards Board today launched the FASB Accounting Standards CodificationTM as the single source of authoritative nongovernmental U.S. generally accepted accounting principles . (Wed, 01 Jul 2009 16:00:00 GMT)

Accounting Salaries Hold Steady Despite Economy
Young professionals who have earned the Certified Management Accountant designation earn more than their non-certified peers, according to a new salary study released by the Institute of Management Accountants. (Wed, 01 Jul 2009 15:06:40 GMT)

Crunch: Biting through 'traditional' SaaS accounting solutions
‘Ridiculously easy accounting.’ So says the tagline of cloud computing newcomer, Crunch, which aims to offer a fresh take on SaaS (software-as-a-service) accounting solutions for freelancers and small and medium sized businesses with £25,000 plus turnover. (Wed, 01 Jul 2009 09:04:37 GMT)

American Media, Inc. Promotes Chris Polimeni to Executive Vice President - Finance, Chief Accounting Officer and ...
American Media, Inc. today announced that Chris Polimeni has been promoted to Executive Vice President - Finance, Chief Accounting Officer and Treasurer of American Media Operations, Inc. , its operating subsidiary. (Tue, 30 Jun 2009 21:00:00 GMT)

Accounting board chief urges major rule changes
WASHINGTON (AP) -- The head of the rule-setting board for corporate accounting on Friday said financial rules need significant changes to bring an end to massive, unbridled markets and prevent a repeat of the economic crisis. (Tue, 30 Jun 2009 13:06:33 GMT)

INTERNATIONAL VALUATION STANDARDS COUNCIL CITY LAUNCH UNDERSCORES LINKS TO INTERNATIONAL ACCOUNTING STANDARDS BOARD
Michel Prada, Chairman of the Board of Trustees of the International Valuation Standards Council (IVSC), launched the IVSC’s City event last week, ahead of the Council’s upcoming move to its new City of London headquarters in Moorgate, with a call for strong cohesion between the world’s accounting and valuation frameworks and professional communities.... (Tue, 30 Jun 2009 12:10:22 GMT)

South Africa: Country Renews Call for Global Accounting Standard
Johannesburg — SA's accounting regulator has expressed renewed support for getting a single high-quality set of accounting standards "back on track". (Tue, 30 Jun 2009 11:28:57 GMT)

Airline revenue accounting bureau set up in Dubai
Airbus Middle East's consultancy division has signed a partnership agreement with Softec GmbH to help small and medium size carriers with passenger revenue accounting tasks. (Tue, 30 Jun 2009 05:26:47 GMT)

Local accounting firm sold
The accounting firm of Jackson, Rolfes, Spurgeon & Co. in Walnut Hills has been acquired by Southfield, Mich.-based Plante & Moran, the nation's 12th largest accounting firm. Jackson Rolfes, which has a staff of 50, will operate under the Plante & Moran name. Jim Rolfes will continue as managing partner. Founded in 1985, Jackson Rolfes specializes in manufacturing, construction, real estate and ... (Mon, 29 Jun 2009 22:17:00 GMT)

AIG Lobbied Congress to Ease Accounting Rules, FASB Chief Says
The top U.S. accounting rulemaker denounced the "politicization" of accounting standards on Friday, three months after he was pressured by Congress to make changes that would help banks' ... (Mon, 29 Jun 2009 20:11:32 GMT)

Southfield-based Plante Moran acquires Cincinnati accounting firm
Southfield-based Plante & Moran P.L.L.C. announced Monday it has acquired Jackson, Rolfes, Spurgeon & Co., the 10th largest public accounting firm in Cincinnati, effective July 1. (Mon, 29 Jun 2009 16:40:32 GMT)

Missing gold not accounting error: audit
The Royal Canadian Mint is being urged to examine its security procedures after a third-party review concluded that the disappearance of more than $15 million worth of gold from the Royal Canadian Mint does not appear to be the result of an accounting error. (Mon, 29 Jun 2009 15:59:32 GMT)

Heelys dismisses its accounting firm
Heelys dismisses its accounting firm (Mon, 29 Jun 2009 15:31:08 GMT)

Insurance/accounting office to open
Construction is underway on a former yoga and martial arts studio that will become an insurance and accounting office, hopefully by Aug. 1, the owner said. (Mon, 29 Jun 2009 15:13:39 GMT)

Outsourced Bookkeeping and Outsourced Accounting Service with an Outsourced Bookkeeper
Sacramento - Free CD on how you can Outsource bookkeeping and turn your current business into a virtual cash cow. You save over $20,000 a year, resulting in accurate financial reports every morning; outsource bookkeeping is the first step to good management and positive cash flow. (Mon, 29 Jun 2009 14:18:15 GMT)

Shell Faces Even More Revamping
Jeroen van der Veer deftly righted the oil major after an accounting scandal. His successor, Peter Voser, will continue the company’s overhaul. (Mon, 29 Jun 2009 13:06:03 GMT)

Research and Markets: A Comprehensive Report on Accounting Services
DUBLIN----Research and Markets has announced the addition of the "Accounting Services" report to their offering. (Mon, 29 Jun 2009 09:05:00 GMT)

Accounting program reaches minority students
Minority high school students in the Buffalo area will get a taste of the accounting profession next week during the annual Career Opportunities in the Accounting Profession program. (Mon, 29 Jun 2009 07:51:29 GMT)

Clients cut accounting services
Accounting firms are feeling the pain as their clients look to trim costs during the recession. (Mon, 29 Jun 2009 07:51:09 GMT)

Tri-State in Training: Basic accounting workshop scheduled for July 7
BASIC ACCOUNTING WITH QUICKBOOKS: The West Virginia Small Business Development Center at Marshall Community and Technical College will offer a Basic Accounting with QuickBooks workshop from 8:30 a.m. to 4:30 p.m. Tuesday, July 7, at 348 15th St., Huntington. (Mon, 29 Jun 2009 04:21:03 GMT)

Critics attack budget over funny accounting
Adding electronic slot machines and cutting services are getting the most attention in Gov. Ted Strickland's budget-balancing proposal, but the plan also relies on accounting maneuvers that are raising red flags. (Sat, 27 Jun 2009 10:34:52 GMT)

Teachers want trustees to disclose accounting probe
others also read... The Langley Teachers Association is calling on the Langley board of education to fully disclose the findings of an independent accounting firm probing errors that led to the $4.8 million deficit in the 2008-09 school budget. (Fri, 26 Jun 2009 22:09:14 GMT)

Accounting board chief urges major rule changes
The head of the rule-setting board for corporate accounting on Friday said significant changes are needed in financial regulations to bring an end to massive, unbridled markets and prevent a repeat of the economic crisis. (Fri, 26 Jun 2009 21:04:54 GMT)

FASB Chair Denounces Politicization Of Mark-To-Market Accounting
WASHINGTON -(Dow Jones)- The head of the board that sets U.S. accounting standards on Friday took a stab at financial-services lobbyists who earlier this year pressured the board to ease mark-to-market accounting standards. (Fri, 26 Jun 2009 20:07:39 GMT)

Ex-club chief's accounting shame
The former chief executive of Derby County is convicted of false accounting in a takeover deal at the club. (Fri, 26 Jun 2009 14:12:38 GMT)

Ex-club chief's accounting shame
The former chief executive of Derby County is convicted of false accounting in a takeover deal at the club. (Fri, 26 Jun 2009 14:10:34 GMT)

Accounting firms Collins Barrow and Smith Nixon merge to create mid-market powerhouse
Accounting firms Collins Barrow Toronto and Smith Nixon have merged to create one of Toronto's largest audit practices with 22 partners and more than 130 professionals and staff serving the mid-market. (Fri, 26 Jun 2009 12:30:00 GMT)

BT launches into SME online accounting market
BT Business has launched an online accounting application channel aimed at SMEs and their advisers. (Fri, 26 Jun 2009 10:34:09 GMT)

Accounting board's lobbyists stress independence
The rule-setting board for corporate accounting has a rocky history of bumping up against lawmakers often acting at the behest of powerful business interests. It has been criticized by some as spineless in the face of pressure from Congress. (Fri, 26 Jun 2009 07:39:14 GMT)

Accounting twist adds to fee drama
The city of Bakersfield has committed "accounting malpractice" of such magnitude, a homebuilders' lawyer says, it might have to cough up millions of dollars of traffic impact fees already in city coffers. The assertion is among the latest twists in a long-running saga over a development fee Bakersfield is about to increase. (Fri, 26 Jun 2009 03:27:36 GMT)

CODA and Corefino Partner on Breakthrough Cloud Computing Accounting Service
CODA and Corefino, two of the accounting worlds most innovative technology companies, have joined forces to give mid-market chief financial officers (CFOs) a powerful new low-cost alternative to the traditional on-premise software model offered ... (Thu, 25 Jun 2009 19:38:58 GMT)

Canada companies seen lagging on accounting switch
Many of Canada's public companies have been slow to implement new international accounting standards that could have big financial implications, according to a study released on Thursday. (Thu, 25 Jun 2009 19:37:00 GMT)

GH&Is Chief Operating Officer Receives National Accounting Administration Honor
ATLANTA, GA – Gifford, Hillegass & Ingwersen LLP (GH&I), the Atlanta-based certified public accounting and advisory firm, announces that chief operating officer Sue Groszkiewicz is the recipient of the Association for Accounting Administration (AAA)’s 2009 ACE Award. (Thu, 25 Jun 2009 17:04:12 GMT)

CODA and Corefino ink cloud accounting partnership
CODA, which has developed an on-demand financial application built on the Force.com platform has inked a partnership deal with Corefino, the Sunnyvale CA. based accounting outsourcer. Dubbed Corefino2go, the service sees CODA providing the technology requirements for Corefino's people, place and platform offering. Karen Watts, Corefino's CEO explains: "I started this business because I was stuck ... (Thu, 25 Jun 2009 15:09:14 GMT)

INSURERS JOIN OTHER BUSINESSES IN NEW COALITION TO DEVELOP NEW GLOBAL ACCOUNTING STANDARDS TO ADDRESS FINANCIAL CRISIS
The Group of North American Insurance Enterprises (GNAIE) has joined a new coalition of trade associations, representing all sectors of the economy and areas of the financial services arena, that will engage the Financial Accounting Standards Board ("FASB") and the International Accounting Standards Board ("IASB") on a series of projects to reform accounting standards associated with the ... (Thu, 25 Jun 2009 14:40:32 GMT)

PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD INSPECTION REPORTS UPDATE - KPMG LLP
The Public Company Accounting Oversight Board has updated its audit firm inspection reports. (Thu, 25 Jun 2009 14:26:32 GMT)

Canada's newest (and only) "coast-to-coast" accounting association
DFK Canada Inc. welcomes the Chartered Accounting firm of Hergott Duval Stack LLP as their newest member firm resulting in representation across Canada. (Thu, 25 Jun 2009 11:30:00 GMT)

Chief concedes department's accounting system needs tightened
MOHAVE VALLEY - Accounting practices of the Mohave Valley Fire Department came under scrutiny during Wednesday's fire board meeting. Joe McNeal, resident of Mohave Valley, questioned why the department wrote off nearly $562,000 in bad debts over the past year. (Thu, 25 Jun 2009 09:32:11 GMT)

S.F. accounting firms to merge
Two San Francisco accounting firms will merge next month in an effort to expand services to middle-market companies. (Wed, 24 Jun 2009 22:29:17 GMT)

CH council discusses accounting snafu
The Castle Hills City Council will meet in closed session Wednesday to consider hiring an accounting consultant in the wake of a payroll tax mix up that affected an untold number of employees last year. (Wed, 24 Jun 2009 21:42:33 GMT)

Glisten sees lower results after accounting errors
Snacks firm Glisten said results for the year will be below the guidance previously provided due to accounting errors at its Fruit & Cereal Snacks Division. (Wed, 24 Jun 2009 15:57:00 GMT)

Finance and accounting professionals still in demand in Asia Pacific
SINGAPORE: Demand for finance and accounting professionals in the Asia Pacific remains strong despite the recent financial crisis. This bucks the trend of rising unemployment and pay cuts amid the global economic downturn. (Wed, 24 Jun 2009 13:35:11 GMT)

'66 accounting grad Wittlin donates $1 million to Canisius
A Canisius College alumnus is donating $1 million to his alma mater. (Wed, 24 Jun 2009 13:22:27 GMT)

New accounting business started
FREMONT -- After years of experience as the financial controller of the company EPCO, Les Booth has started an accounting business to help other local businesses. (Wed, 24 Jun 2009 12:52:58 GMT)

UW professor elected to accounting institute council
WATERLOO (Jun 24, 2009) -- Alan Webb, an associate professor in the University of Waterloo School of Accounting and Finance, has been elected to the governing council of the Institute for Chartered Accountants of Ontario. Webb, who earlier this year was a co-recipient of the American Accounting Association's Notable Contribution to Auditing Literature Award, will serve a two-year term. (Wed, 24 Jun 2009 08:49:38 GMT)

Sage Software unveils latest version of 'Peachtree Accounting Software' in Middle East
Sage Software, the leading global supplier of ERP, CRM, and HRM solutions to medium and large organisations, has announced the launch of the latest version of 'Peachtree Accounting Software', a powerful accounting software program for small- and medium-sized businesses (SMBs), in the Middle East. (Wed, 24 Jun 2009 06:41:36 GMT)

Qatar- Panel calls for revising govt accounting procedures
Qatar- Panel calls for revising govt accounting procedures (Wed, 24 Jun 2009 06:04:17 GMT)

Panel calls for revising govt accounting procedures
24 June 2009 DOHA: An apex panel of Qatari accountants has called for updating accounting procedures in the government sector saying the current system provided scope for corruption. (Wed, 24 Jun 2009 05:38:18 GMT)

Off-Balance-Sheet Accounting Changes Offer Challenges
Credit-rating agency Fitch Ratings said in a new report that it does not expect FASB s recent amendments to off-balance-sheet accounting standards to result in negative rating actions, but it believes there will be challenges for issuers and analysts in transitioning to the new standards. (Tue, 23 Jun 2009 20:51:16 GMT)

More cash, less tax for Charles: Clever accounting slashes Prince's revenue bill by 10%
More cash, less tax for Charles: Clever accounting slashes Prince's revenue bill by 10% (Tue, 23 Jun 2009 18:34:16 GMT)

Five Star Staffing & Accounting Recruiters Named as Top 100 Small Businesses in North Carolina for Second Year
RALEIGH, NC – Five Star Staffing & Accounting Recruiters, a responsive staffing firm focusing on Administrative and Accounting placements in the Triangle, is honored to have been named in the Business Leaders Top 100 Small Businesses in North Carolina for the second consecutive year. (Tue, 23 Jun 2009 15:51:13 GMT)

Grant Thornton names Stephen Chipman new CEO
Accounting firm Grant Thornton says Stephen Chipman will take over as CEO on Jan. 1. (Tue, 23 Jun 2009 15:14:43 GMT)

One College Student Asks: Would you Choose Marketing or Accounting as a Major?
It may seem sort of an odd question, but the query appeared on a discussion board online a few days ago spurring more than a handful of responses and a sprinkling of stereotypes directed at our favorite people. But what s the best major? And how can they even be compared? (Tue, 23 Jun 2009 13:21:18 GMT)

A Top 5 Accounting Firm Completes Nortel Project With DeskFlex, Inc.
CHICAGO, IL--(Marketwire - June 23, 2009) - Epazz, Inc. ( OTCBB : EPAZ ), a leading provider of office productivity workforce solutions, today announced that its wholly owned subsidiary, DeskFlex, has completed a project with a Top 5 Accounting firm to handle the interface between the reservation system and the Nortel CS1000 to adjust the PBX so that the accounting firm's users have personalized ... (Tue, 23 Jun 2009 12:47:00 GMT)

Trade Groups Aim to Influence Accounting Standards
Nine trade groups representing the financial, insurance, banking, real estate and other industries have united to create a coalition with the goal of influencing accounting standard-setters who are working on revising the rules for financial instruments. (Mon, 22 Jun 2009 18:21:13 GMT)

Maersk Names New Head of Group Accounting
A.P. Moller - Maersk Group promoted Jesper Cramon to head of group accounting, effective Aug. 1. He will replace Per Møller, who is retiring after 22 years with the Group. (Mon, 22 Jun 2009 17:27:12 GMT)

UNT names ethics expert to lead accounting department
UNT names ethics expert to lead accounting department (Mon, 22 Jun 2009 16:18:34 GMT)

Fitch: Off-Balance Sheet Accounting Amendments Unlikely to Effect Credit Ratings
NEW YORK----Fitch Ratings does not expect that Statement of Financial Accounting Standard 166 and SFAS 167, relating to the reconsolidation of off-balance sheet securitizations, to result in negative rating actions as the economics of the off-balance sheet transactions will remain the same. (Mon, 22 Jun 2009 14:40:00 GMT)

Insurers Join Other Businesses In New Coalition To Develop New Global Accounting Standards To Address Financial Crisis
The Group of North American Insurance Enterprises (GNAIE) has joined a new coalition of trade associations, representing all sectors of the economy and areas of the financial services arena, that will engage the Financial Accounting Standards Board ("FASB") and the International Accounting Standards Board ("IASB") on a series of projects to reform accounting standards associated with the ... (Mon, 22 Jun 2009 14:34:00 GMT)

Nigeria: NASB, NERC Set to Standardise Electricity Accounting
AS part of efforts aimed at eas ing the transition of the electricity sector to a private sector initiative driven industry, the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Accounting Standards Board (NASB) have announced plans to evolve a new set of accounting standards for companies operating in the sector. (Mon, 22 Jun 2009 14:29:21 GMT)

Intuit Handles Small-Business Books for Free
Intuit's Simple Start is decent accounting software at an unbeatable price, but there are a few catches. (Mon, 22 Jun 2009 14:27:57 GMT)

Analysts Reporting Corefino 3-Part SaaS Accounting Alternative
SUNNYVALE, Calif.----Corefino, the Future of 21st Century Accounting™, today announced mounting technology analyst coverage of its unique three-part solution offering of software-as-a-service , business process outsourcing and a custom-built technology portal as an alternative to traditional on-premise ERP. (Mon, 22 Jun 2009 12:00:00 GMT)

22.06.2009 - DJ EANS-Adhoc: CURANUM AG / Audit of Curanum AG accounting - determination of errors in consolidated ...
=------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. (Mon, 22 Jun 2009 10:59:40 GMT)