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Great Park draws more accounting criticism
IRVINE – Great Park Design Studio accounting is once again under scrutiny, with city finance commissioners questioning whether consultants given millions of dollars to craft the overall vision for the park are living up to their contract.... (Fri, 20 Nov 2009 16:02:55 GMT)

Global corporate accounting fraud up sharply
Global companies have seen a sharp rise in accounting fraud over the past 12 months, as the pressures of the recession have weighed on employees, according to a new survey on Thursday. (Fri, 20 Nov 2009 11:54:21 GMT)

ESD No. 2 Approves Funds To Improve Accounting Procedures
Emergency Services District No. 2 board members approved additional funding for an accounting firm to identify and recommend "agreed upon procedures" regarding department accounting procedures during its Thursday night meeting. (Fri, 20 Nov 2009 08:15:28 GMT)

INDEPENDENCE IN ACCOUNTING STANDARD SETTING: A PROPOSED BILL TO CREATE THE “INVESTOR PROTECTION ACT OF 2009”
On October 28, 2009, the House Financial Services Committee held a hearing regarding the Investor Protection Act of 2009 (H.R. 1349). This act proposes to create a new Federal Oversight Board, to approve and oversee accounting principles and standards for the purposes of the federal financial regulatory agencies, and for other purposes. (Fri, 20 Nov 2009 01:51:26 GMT)

How FinancialForce crushes it in SaaS accounting
Financialforce.com customers are showing early success. They're demonstrating an enthusiasm for accounting I've not seen in years. How is that manifesting itself? (Thu, 19 Nov 2009 16:53:06 GMT)

Yao lectures about accounting
One Loyola professor was selected out of a pool of 200 to speak in Saudi Arabia about his knowledge in forensic accounting, which later led to another lecture in Amsterdam.... (Thu, 19 Nov 2009 16:41:17 GMT)

US House Panel Approves A Toned-Down Accounting Proposal
WASHINGTON -(Dow Jones)- The House Financial Services Committee agreed by voice vote to a much toned-down proposal Thursday that would allow a systemic risk council of regulators to offer advice about accounting rules that could pose problems to the broader marketplace. (Thu, 19 Nov 2009 15:32:46 GMT)

The Financial Accounting Foundation Appoints Marcia L. Taylor to a Second Term with the Governmental Accounting ...
NORWALK, Conn.----The Financial Accounting Foundation today announced that Marcia L. Taylor, CPA, has been appointed to a second five-year term as a member of the Governmental Accounting Standards Board beginning July 1, 2010. (Thu, 19 Nov 2009 15:30:00 GMT)

Treeno Software Releases Integration module for Users of Intuit's QuickBooks® Accounting Software
Support of the world's most popular accounting software gives accountants, CPAs and bookkeepers the power of document management in a SaaS or hosted environment (Thu, 19 Nov 2009 13:55:00 GMT)

$867K for Little Shell tribe in Mont. on hold after state auditors blast accounting practices
BILLINGS, Mont. - State agencies have withheld $867,000 in grants and stimulus money from a Montana Indian tribe since auditors revealed lax accounting practices had opened the door to potential financial abuse. (Thu, 19 Nov 2009 13:20:50 GMT)

Berwyn accounting firm joins New York company
By SARAH E. MORAN BERWYN — Berwyn accounting firm Carrow, Doyle & Associates has joined the Philadelphia office of Citrin Cooperman, a regional accounting and business consulting firm based in Manhattan. (Thu, 19 Nov 2009 11:13:54 GMT)

SaaS based accounting SW attracts Indian SMBs
KOLKATA, INDIA: India SMBs are on track to spend US$30 million on accounting software in 2009, showing a 5 per cent growth over 2008. Small businesses are generating a major portion of accounting software spending, contributing nearly 85 per cent of the total. (Thu, 19 Nov 2009 10:06:33 GMT)

SPECIAL ISSUE CALL FOR PAPER FOR AAAJ - ACCOUNTING AND POPULAR CULTURE
The objective of this special issue is to recognise the richness in exploring the inter-linkages between accounting and popular culture. (Thu, 19 Nov 2009 09:37:05 GMT)

NEW GERMAN DRAFT ACCOUNTING STANDARD ON DEFERRED TAXES
The draft German Accounting Standard No. 24 (E-GAS 24) Deferred Taxes has been made available freely (NB only available in German). (Thu, 19 Nov 2009 09:36:25 GMT)

Converse professor named top accounting educator
Published: Thursday, November 19, 2009 at 3:15 a.m. Last Modified: Wednesday, November 18, 2009 at 10:49 p.m. Roger Luttrell has come a long way since he was an accounting student in the late 1960s. (Thu, 19 Nov 2009 08:21:52 GMT)

IASB’s Jones to Helm Pace’s Accounting Standards Center
Former International Accounting Standards Board Vice Chairman Tom Jones has been appointed director of Pace University s Center for the Study of International Accounting Standards. (Thu, 19 Nov 2009 00:25:07 GMT)

Independence Blue Cross Appoints Lauren O'Brien VP, Chief Accounting Officer
Independence Blue Cross appoints Lauren O'Brien VP, Chief Accounting Officer, a new position. (Wed, 18 Nov 2009 15:25:24 GMT)

Many India SMBs Are Turning to Software-as-a-Service to Fulfill Their Accounting Software Needs
KOLKATA, India----India SMBs are on track to spend US$30 million on accounting software in 2009, showing a 5% growth over 2008. Small businesses are generating a major portion of accounting software spending, contributing nearly 85% of the total. (Wed, 18 Nov 2009 12:00:00 GMT)

NetSuite Accounting and CRM SaaS Cloud Software Now Supported by Save On Support.com
Save on Support.Com announced today that due to its exponential growth within the past year, the company will rise to meet greater demands and requests from its expanding client base. It will be providing additional CRM and Accounting Software starting with their new accounting software program, NetSuite web based software (PRWeb Nov 18, 2009) Read the full story at http://www ... (Wed, 18 Nov 2009 08:08:14 GMT)

McLennan County officials grapple with accounting changes regarding retiree healthcare
McLennan County is looking at ways to reduce the long-term costs of providing health care benefits to retired employees as new accounting practices will force counties to list the overall costs as a liability on certain financial statements. (Wed, 18 Nov 2009 05:27:42 GMT)

QuickBooks introduces conversion tools for defunct Microsoft Office Accounting
Intuit is extending a helping hand to small businesses affected by the discontinuation of Microsoft Office Accounting, the small business accounting software alternative to programs like QuickBooks. E... (Wed, 18 Nov 2009 03:59:16 GMT)

SEC Official: Global Accounting Rules Haven't Been Forgotten
NEW YORK -(Dow Jones)- The Securities and Exchange Commission's chief accountant said Tuesday the commission is still working toward potentially adopting global accounting standards for U.S. companies, though the issue has been overshadowed in recent months. (Tue, 17 Nov 2009 16:02:14 GMT)

Long Island Accounting Challenge Happens Today
Four teams of four students will test their accounting knowledge during the second Long Island Accounting Challenge sponsored by Margolin, Winer & Evens. (Tue, 17 Nov 2009 14:40:07 GMT)

The solar company is set to plunge after confessing to serious accounting issues
Today's column includes major accounting trouble for SunPower Corporation (SPWRA), an upgrade for Exxon Mobil Corporation (XOM), an end to the CEO search for Lazard Ltd...( Read More ) (Tue, 17 Nov 2009 14:38:19 GMT)

Ahead of the Bell: SunPower dives on accounting
Shares of SunPower Corp. tumbled in premarket trading Tuesday, following news that it is investigating whether its manufacturing operations in the Philippines made unsubstantiated accounting entries during the first three quarters of 2009. (Tue, 17 Nov 2009 14:23:47 GMT)

Accounting seminar set for Dec. 4 in Auburn
The Association for Manufacturing Excellence will hold an account seminar "Introduction to Lean Accounting for Lean Enterprise" on Dec. 4 in Auburn. (Tue, 17 Nov 2009 10:14:12 GMT)

Volcker Criticizes Accounting Proposal
A proposal to give banking regulators authority to block accounting standards is “a terrible idea,” Paul A. Volcker, a former chairman of the Federal Reserve Board, said Monday. (Tue, 17 Nov 2009 09:41:07 GMT)

SunPower investigates possible accounting errors
SunPower investigates possible accounting errors at Philippine manufacturing operations (Tue, 17 Nov 2009 04:10:09 GMT)

SunPower investigates possible accounting errors
SunPower Corp. said Monday an investigation is under way into whether its manufacturing operations in the Philippines made unsubstantiated accounting entries during the first three quarters of 2009. The maker of solar power products said some of the entries... Solar power - Energy - Manufacturing - Solar - Renewable (Mon, 16 Nov 2009 23:41:27 GMT)

Volcker Criticizes Move to Change Accounting Standards
A proposal that would grant bank regulators the power to sidestep accounting standards is a “terrible idea,” the former Fed chairman said. (Mon, 16 Nov 2009 22:05:30 GMT)

New Sage BusinessWorks Accounting 2010 Provides SMBs Superior Ease of Use and Accounting Efficiency
New Version Includes Updated User Interface and New Reporting System Among Usability Enhancements (Mon, 16 Nov 2009 14:16:19 GMT)

Corefino Releases Survey on Green Savings Tied to Outsourced Accounting
NEW YORK----Corefino, the Future of 21st Century Accounting™, announced today the results of an internal survey benchmarking the average green/sustainability gains received by its customers as a result of using an outsourced accounting solution replacement. (Mon, 16 Nov 2009 14:00:00 GMT)

New Sage BusinessWorks Accounting 2010 Provides SMBs Superior Ease of Use and Accounting Efficiency
IRVINE, CA--(Marketwire - 11/16/09) - Sage North America, which provides business management software and services to more than 2.9 million small and midsize businesses in North America, today announced the launch of Sage BusinessWorks Accounting 2010. The new version features significant usability enhancements that enable users to quickly and easily manage business and accounting functions ... (Mon, 16 Nov 2009 14:00:00 GMT)

Research and Markets: 1 in 7 Companies in the UK Accounting Software Industry Could Change Ownership as a Result of ...
DUBLIN----Research and Markets has announced the addition of the "2009 Plimsoll Analysis - Accounting Software - A comprehensive profile of 280 companies operating in the UK market" report to their offering. (Mon, 16 Nov 2009 12:03:00 GMT)

SEC names new accounting deputy
The US Securities and Exchange Commission has named Paul Beswick as its new permanent deputy chief accountant, following the promotion of Jim Kroeker to chief accountant. (Mon, 16 Nov 2009 10:11:18 GMT)

The Company Now Offers Comprehensive Accounting Basic Video Course
Anyone seeking to master accounting theory and practice can benefit from Accounting Basic Video course, including practical examples and detailed explanations of each topic. In addition to the course the comoany is offering plenty of free accounting resources and downloads. (Mon, 16 Nov 2009 07:01:00 GMT)

UK banks are playing down their pension obligations compared with most of their European peers by using accounting ...
UK banks are playing down their pension obligations compared with most of their European peers by using accounting measures that flatter the liabilities on their balance sheet, according to research. (Mon, 16 Nov 2009 00:03:14 GMT)

Federal laboratories having difficulty accounting for pathogens: audit
OTTAWA - Government labs, including the one handling samples of swine flu, struggle to keep track of viruses and bacteria, a recent audit found. (Sun, 15 Nov 2009 19:32:00 GMT)

Global Accounting Services - New Report Published
This is the replacement for the March 2009 edition of Global Accounting Services report. (Sun, 15 Nov 2009 16:29:01 GMT)

Pakistani secret service given millions by CIA
WASHINGTON: The CIA has funnelled hundreds of millions of dollars to Pakistan's intelligence service since the September 11 attacks, accounting for as much as one-third of the agency's budget, US officials say. (Sun, 15 Nov 2009 13:30:55 GMT)

Creative Accounting Will Help E.U. Meet Kyoto Climate Targets
The European Union projects that it will meet emission targets set by the Kyoto Protocol -- but only with accounting help fro... (Fri, 13 Nov 2009 18:42:20 GMT)

TCF National Bank selects TPG financial accounting and trade management software
TPG Software, a leading provider of financial accounting software and services, announced today that TCF National Bank has selected Portfolio Genius, ... (Fri, 13 Nov 2009 17:39:42 GMT)

Paul Beswick Named SEC Deputy Chief Accountant in Charge of Accounting Group
Washington, D.C., Nov. 13, 2009 — The Securities and Exchange Commission today announced that Paul A. Beswick has been named the Deputy Chief Accountant overseeing the Accounting group within the agency's Office of the Chief Accountant. (Fri, 13 Nov 2009 15:57:33 GMT)

Kids stock up on accounting
More than 1,800 Cincinnati Public School students take part in Accounting for Kids Day, with help from hundreds of business and financial professionals. They used the Portfolios Jr. game to show the roller coaster reality of the stock market. (Fri, 13 Nov 2009 10:24:39 GMT)

BSP eases accounting rules on gov't debt swaps
MANILA - The Bangko Sentral ng Pilipinas (BSP) said on Friday it has eased accounting rules for banks and financial institutions participating in debt swaps of state-owned and -controlled firms, a move expected to boost investor interest in the debt exchange deals. (Fri, 13 Nov 2009 10:22:46 GMT)

(AFX UK Focus) 2009-11-13 08:49 Manila c.bank eases bank accounting rules on govt debt swaps
MANILA, Nov 13 (Reuters) - The Philippine central bank said on Friday it has eased accounting rules for banks and financial institutions participating in debt swaps of state-owned and -controlled firms, a move expected to boost investor interest in the debt exchange deals. The new guidelines came weeks after the central bank approved state agency PSALM's plan to launch a $600 million debt ... (Fri, 13 Nov 2009 08:56:39 GMT)

Manila c.bank eases bank accounting rules on govt debt swaps
MANILA, Nov 13 (Reuters) - The Philippine central bank said on Friday it has eased accounting rules for banks and financial institutions participating in debt swaps of state-owned and -controlled firms, a move expected to boost investor interest in the debt exchange deals. (Fri, 13 Nov 2009 08:34:41 GMT)

Audit: Accounting weaknesses in Okla. Land Office
Audit of Okla. Land Office finds accounting weaknesses in division where embezzlement occurred (Fri, 13 Nov 2009 03:23:48 GMT)

Alternative services for accounting or assurance
If my company meets the requirements for exemption from an audit, are there alternative services that I can engage for accounting or assurance purposes? (Fri, 13 Nov 2009 01:07:42 GMT)

Audit: Accounting Weaknesses in Okla. Land Office
Audit of Okla. Land Office finds accounting weaknesses in division where embezzlement occurred Accountancy - Accounting - Business - Firms - United States (Thu, 12 Nov 2009 22:41:29 GMT)

Audit: Accounting weaknesses in Okla. Land Office
An audit of the School Land Office has found accounting weaknesses in a division of the agency where a former employee is accused of embezzling nearly $1.16 million. (Thu, 12 Nov 2009 22:11:39 GMT)

State audit finds $1 million accounting error in Syracuse schools
The Syracuse school district made an accounting error of more than $1 million. That's just one of the findings in a state audit that focused on the period between July of 2006 and March of 2008. Our Karen Lee highlights the key points in the report. (Thu, 12 Nov 2009 20:45:18 GMT)

International Accounting Board Issues New International Financial Reporting Standard
LONDON -(Dow Jones)- The International Accounting Standards Board, or IASB, Thursday issued a new International Financial Reporting Standard, or IFRS, which addresses the impairment methodology for financial assets that were published for public comment at the beginning of November. (Thu, 12 Nov 2009 14:47:25 GMT)

Accounting For Kids
Fifth graders at Brecksville-Broadview Heights Central School are getting a special treat from local CPAs today they re going to play the stock market and learn the risks and rewards of real-life investing. (Thu, 12 Nov 2009 14:10:11 GMT)

Students Take Part In Accounting For Kids Day
CINCINNATI -- Students at Cincinnati Public Schools will take part in Accounting for Kids Day Thursday. More than 1,800 students will take part in the program that teaches students how to make smart financial decisions. (Thu, 12 Nov 2009 12:35:23 GMT)

FINANCIAL ACCOUNTING: A GLOBAL APPROACH
Brings together financial accounting theory in a global approach accessible to all markets! (Thu, 12 Nov 2009 10:36:45 GMT)

Hudson's Bay Company Taps QuantiSense To Improve Retail Analytics, Transition To Cost Method Of Inventory Accounting
QuantiSense recently announced that Hudson's Bay Company has selected its retail analytics and business intelligence application to help standardize the company's enterprise-wide approach to inventory accounting. (Thu, 12 Nov 2009 09:31:18 GMT)

Company launches accounting tool for construction firms
VANCOUVER — Event 1 Software of Vancouver has released a new accounting tool for construction companies to manage their data. The company's new product, called Liberty Reports,... (Thu, 12 Nov 2009 09:08:53 GMT)

Cracks appear in carbon emissions accounting
David Jetuah, Accountancy Age , Thursday 12 November 2009 at 00:23:00 Concerns grow over lack of carbon accounting standards Experts have voiced growing concern that businesses in the UK and abroad are still without a standardised method of accounting for carbon, despite impending policies forcing companies to begin reducing energy emissions. The issue is made urgent by the looming introduction ... (Thu, 12 Nov 2009 00:32:25 GMT)

Invoice Billing Software - Legal Accounting - Accounting Software
Invoice Billing Software Financial accounting software (Standard Edition) manages Customer profile, Vendors record, Stock details, Inventory management etc. (Thu, 12 Nov 2009 00:21:59 GMT)

Citigroup stands by deferred tax asset valuation
A senior Citigroup Inc executive said the bank is comfortable with its valuation for an asset that one accounting expert expects to be written down. (Wed, 11 Nov 2009 16:04:03 GMT)

Accounting mess teaches Surprise painful lesson
Missteps amid rapid growth shows risks for cities. (Wed, 11 Nov 2009 15:33:25 GMT)

Accounting Software Review: QuickBooks Premier 2010
We take a look at what’s new and improved in the latest edition of QuickBooks small business accounting software. Is it worth the price of the upgrade? (Wed, 11 Nov 2009 15:00:01 GMT)

Financial Accounting Foundation Names Grace L. Hinchman Vice President, External Relations & Communications
NORWALK, Conn.----The Financial Accounting Foundation today announced that Grace L. Hinchman has been named vice president, external relations & communications. Ms. Hinchman, who will be based in Washington, D.C., brings to the FAF more than 25 years of legislative and regulatory advocacy experience. (Wed, 11 Nov 2009 14:30:00 GMT)

Review: QuickBooks 2010 accounting software
There is much to be pleased about in Intuit’s QuickBooks 2010 and, unfortunately, still quite a bit to be disappointed with as well. (Wed, 11 Nov 2009 10:25:00 GMT)

Carter's says it will restate financials after a review of accounting
NEW YORK - Shares of children's clothing maker Carter's Inc. fell on Tuesday after the company said it would have to restate some financial results following a review of its accounting for margin payments to wholesale customers. (Tue, 10 Nov 2009 18:13:16 GMT)

Forest Carbon Offset Market Needs Consistent Accounting Standards
By Robert Kropp. The market for offset credits to mitigate deforestation is growing, but investors and other stakeholders require that guidance be provided in accounting for them. (Tue, 10 Nov 2009 17:03:26 GMT)

Accounting tips offered Thursday
Thursday. The Small Business Development Center is offering free by-appointment advice with a tax and accounting expert for small-business owners who need assistance related to their business, from 4 to 8 p.m. at El Camino College Business Training Center, 13430 Hawthorne Blvd., Hawthorne. (Tue, 10 Nov 2009 16:16:52 GMT)

Hudson's Bay Company Taps QuantiSense to Improve Retail Analytics, Transition to Cost Method of Inventory Accounting
ATLANTA----QuantiSense today announced that Hudson’s Bay Company has selected its retail analytics and business intelligence application to help standardize the company’s enterprise-wide approach to inventory accounting. (Tue, 10 Nov 2009 13:00:00 GMT)

Auditor praises city’s accounting practices
An independent auditor has given the city of San Mateo high marks for the way it handles its finances and has informed the city of new accounting standards it must soon put in place. (Tue, 10 Nov 2009 12:16:14 GMT)

Health Authority employee fired after discovery of 'accounting irregulaities'
An employee has been fired after “significant accounting irregularities” were found in the books of three Nova Scotia district health authorities. The Annapolis Valley Health Authority, which also handles payroll and banking for South Shore Health and South West Health, discovered the problem during a routine check. “One of our staff detected something that didn’t quite look right,” said ... (Tue, 10 Nov 2009 05:56:15 GMT)

Prepare for component accounting
Social landlords will have to introduce component accounting, where they account for the various parts of houses - such as kitchens, roofs and bathrooms - separately, rather than as one home as at present. The change is likely to come into effect for March 2011. So what does it mean for landlords? (Tue, 10 Nov 2009 00:00:20 GMT)

UPDATE: Credit-Card Bond Issuance Hurt By New Accounting Rule
The market for bonds backed by credit-card debt has been roiled by new accounting rules that throw into question bondholder rights to the assets when an issuer goes into receivership. (Mon, 09 Nov 2009 22:47:24 GMT)