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SEC set to ease accounting rules for foreign companies
The SEC has proposed scrapping a requirement that foreign companies reconcile their financial statements with U.S. accounting rules to list shares on U.S. exchanges. (Thu, 21 Jun 2007 08:16:38 GMT)

SEC eases rule for foreign accounting
WASHINGTON -- Federal regulators yesterday tentatively agreed to ease an accounting requirement for foreign companies that trade on U S exchanges. (Thu, 21 Jun 2007 09:51:47 GMT)

Pre-trial hearing limits accounting in Cobell lawsuit
WASHINGTON - Judge James Robertson served notice that accounting for funds in the Individual Indian Money trust will be the keynote in his courtroom as the Cobell trust litigation proceeds. (Fri, 22 Jun 2007 04:04:28 GMT)

US authorities agree to ease accounting norms for foreign companies
NEW YORK, June 21 (newratings.com) – US regulatory authorities Wednesday tentatively agreed to ease the accounting norms for foreign companies trading on US stock exchanges. (Fri, 22 Jun 2007 10:13:11 GMT)

EU Parliamentarians Concerned By US SEC's Shift On Accounting
BRUSSELS -(Dow Jones)- Key European legislators Friday criticized the U.S. Securities and Exchange Commission, or SEC, for a move they said risks undermining international accounting standards. (Fri, 22 Jun 2007 13:17:32 GMT)

FI 250 Advanced Cost Accounting
Building on cost-analysis fundamentals, this programme tackles and addresses advanced key issues in cost accounting, such as continuous improvement of cost assignment, activity-based analysis, strategic cost control, and performance evaluation. (Fri, 22 Jun 2007 20:21:42 GMT)

CVB Financial Dismisses Accounting Firm
CVB Financial Corp., the holding company for California's Citizens Business Bank, has dismissed its accounting firm McGladrey & Pullen LLC, according to a filing Friday with the Securities and Exchange Commission. (Fri, 22 Jun 2007 22:48:08 GMT)

Torinus: State's accounting doesn't pass muster
If the State of Wisconsin were a corporation and subject to rules of accounting in the private sector, it would probably be in Chapter 11 reorganization. The Wisconsin Taxpayers Alliance has been bringing out the facts for years that ... (Sat, 23 Jun 2007 23:43:26 GMT)

Halliburton accounting may make you wonder
By Jonathan Weil INVESTORS have shrugged off almost all the bad news at Halliburton Co the past few years - accusations of overbilling the US Army and bribing foreign officials, along with scrutiny over business dealings in Iran and non-compete bids on government work. (Sun, 24 Jun 2007 06:30:05 GMT)

No end to Sarbanes-Oxley burdens
Q. We are a small public company with a big regulatory headache. We understand why many of the Sarbanes-Oxley (SOX) accounting reforms were put in place. But one size fits all doesn't seem to be appropriate for my small company. (Sun, 24 Jun 2007 07:58:36 GMT)

DFM shariah classifications
The Dubai Financial Market's shariah board is aiming to establish a method for classifying companies listed on the bourse in terms of their shariah compliance and accounting practices. (Sun, 24 Jun 2007 11:36:26 GMT)

Air One's Alitalia bidding vehicle worth 1 bln euros-report
MILAN, June 24 (Reuters) - Italian carrier Air One's bidding vehicle for airline Alitalia could be worth between 850 million and 1 billion euros, according to an accounting firm, newspaper Il Sole 24 Ore reported on Sunday. (Sun, 24 Jun 2007 12:30:14 GMT)

Boomers bounced from jobs start over by starting a new business
NORTH ANDOVER - Rosalie DeAngelis got a degree and then a job in acquisition accounting. Then, as she put it, she was "acquisitioned out of a job." The irony of her sudden unemployment did not escape DeAngelis, but neither did the sudden opportunity to start a new life. (Sun, 24 Jun 2007 14:39:34 GMT)

FAF Wants Conn. Accounting Bill Vetoed
June 25, 2007 (SmartPros) The president and chief executive of the Financial Accounting Foundation (FAF), Robert J. DeSantis, recently wrote to Connecticut Governor Jodi Rell to urge the veto of a new accounting bill, according to reports. (Mon, 25 Jun 2007 03:10:31 GMT)

Accounting Today Calls for Nominations
New York (June 25, 2007) - Accounting Today has issued a call for nominations for its annual Top 100 Most Influential People in Accounting list. (Mon, 25 Jun 2007 04:13:52 GMT)

Nigeria: ICAN President Faults Registration of Other Accounting Bodies
THE President of the Institute of Chartered Accountants of Nigeria (ICAN), Prince Adebayo Babington-Ashaye has criticized the Federal Government over the registration of other accounting professional bodies saying that it was a disservice to the nation. (Mon, 25 Jun 2007 08:06:04 GMT)

TAUG Provides Update on Accounting Review
WOODLAND HILLS, Calif.----Transnational Automotive Group, Inc. today provided an update to its ongoing accounting review and said the Company will restate its unaudited quarterly financial statements for the first-quarter and second-quarter periods ended May 31, 2006 and August 31, 2006 to: 1) accrued interest on unsecured promissory note obligations and convertible debentures; 2) to account for ... (Mon, 25 Jun 2007 11:00:00 GMT)

Accounting Firm Withdraws Yukos Audit Reports
June 25, 2007 -- The international accounting company PricewaterhouseCoopers has withdrawn nine years of audit reports for Yukos, saying some of the information provided by the bankrupt Russian oil company's former management may have been inaccurate. (Mon, 25 Jun 2007 11:00:50 GMT)

Workshop focuses on business accounting Saturday
The Coachella Valley Women's Business Center will hold a workshop Saturday titled "Business Accounting: Greek or Latin?" from 9 a.m. to noon at the Coachella Valley Economic Partnership office, 73-710 Fred Waring Drive, Suite 106, Palm Desert. (Mon, 25 Jun 2007 11:07:49 GMT)

Accounting firm to evaluate Ford's luxury brands, paper says
Ford Motor Co. has hired accounting firm KPMG to examine the books of its Premier Automotive Group brands Jaguar and Land Rover, according to a report by the Sunday Times in London. (Mon, 25 Jun 2007 13:22:08 GMT)

School audit shows accounting errors
An audit of the Ironton City Schools during the 2005-06 fiscal year has turned up some accounting problems for the district’s athletics department. Superintendent Dean Nance said the all problems have been corrected and amounted to misplaced paperwork. (Mon, 25 Jun 2007 15:09:34 GMT)

Pricewaterhouse Withdraws Yukos Audits
PricewaterhouseCoopers has withdrawn all its audit reports on the Yukos oil producer amid a tax-evasion investigation into Russia's biggest accounting firm -- a decision the bankrupt company's shareholders said Monday was "spineless." (Mon, 25 Jun 2007 15:24:20 GMT)

Accounting firm withdraws Yukos audits
MOSCOW – PricewaterhouseCoopers has withdrawn all its audit reports of oil producer OAO Yukos amid a tax-evasion investigation into Russia's biggest accounting firm, saying it may have been given inaccurate information. (Mon, 25 Jun 2007 17:08:17 GMT)

Roundtable: Accounting for Medical Technology
In these times of accounting scandals and Sarbanes-Oxley requirements, medical device executives can't afford to neglect their numbers. (Mon, 25 Jun 2007 17:51:34 GMT)

Beware of iMergent's Sketchy Accounting and Sales Policies
David Phillips submits: Sales and marketing practices which are the subject of numerous State Attorney General investigations, a formal SEC investigation related to potential violation of securities laws , and alleged accounting irregularitiesall these price-busting concerns aside, [... ] (Mon, 25 Jun 2007 18:52:47 GMT)

Long Island Accounting Firm Names Partner, Director
By Kathy Lombardo Accounting firm Citrin Cooperman & Co. named Lori Drucker partner and Reuben Rutman director. (c) 2007 Long Island Business News. Provided by ProQuest Information and Learning. (Mon, 25 Jun 2007 22:13:45 GMT)

CSC wins estimated $250 million agreement from Defense Finance and Accounting Service
Computer Sciences Corporation has won a blanket purchase agreement (BPA) to provide technical support and consulting services at Defense Finance and Accounting Service (DFAS) centers across the United States. (Mon, 25 Jun 2007 23:06:41 GMT)

Accounting Woes May Yank Florida A&M Accreditation
Tallahassee, Fla. (June 26, 2007) - Florida A&M University has been given a six-month window to straighten out its accounting problem or risk losing its accreditation by the Southern Association of Colleges and Schools. (Tue, 26 Jun 2007 04:13:34 GMT)

Hospitality Management Corporation Holds Accounting & Human Resource Conferences
Dallas, TX | The Radisson DFW South in Irving, TX, recently hosted both the Hospitality Management Corporation 2007 Accounting Conference and the Human Resources Conference. (Tue, 26 Jun 2007 09:06:44 GMT)

Wolters Kluwer Italy Signs OEM Agreement With UBmatrix to Deliver XBRL-Enabled Accounting Software
UBmatrix, Inc., the leading provider of XBRL information exchange solutions, and Wolters Kluwer in Italy, a division of the leading global information services and publishing company, announced today that the companies have signed an OEM agreement. Under the terms of the agreement, Wolters Kluwer Italy will use UBmatrix XBRL technology in its Balance Sheet accounting software. (Tue, 26 Jun 2007 15:15:41 GMT)

Association for Accounting Administrators Awards PKF Texas' Annabella Green the ACE Award
HOUSTON----Pannell Kerr Forster of Texas, P.C. is proud to announce firm administrator Annabella Green, SPHR, has won the ACE Award from the Association for Accounting Administration. (Tue, 26 Jun 2007 19:10:00 GMT)

PKF Texas - The Entrepreneur's Playbook(SM) Honored by Association for Accounting Marketing
HOUSTON----Pannell Kerr Forster of Texas, P.C. was honored by the Association for Accounting Marketing with a Marketing Achievement Award for PKF Texas - The Entrepreneur's Playbook. (Tue, 26 Jun 2007 19:26:00 GMT)

New accounting standards likely to tailor to needs of charities
SINGAPORE: Those keeping the books for charities may play by rules that are different from their corporate counterparts, when the new Accounting Standards Council (ASC) gets up and running in September. (Tue, 26 Jun 2007 23:37:38 GMT)

Journyx Announces 2007 Excellence in Project Accounting Philosophy Scholarship Winner
today announced the winner of its 2007 Excellence In Project Accounting Philosophy Essay Scholarship: Rocco Costa, a graduate student at the Monterey Institute of International Studies in Monterey, California. (Wed, 27 Jun 2007 02:28:38 GMT)

House Report Faults Pentagon Accounting of Iraqi Forces
The United States has invested $19 billion to train and equip nearly 350,000 Iraqi soldiers and police since toppling Saddam Hussein, but the ability of those forces to provide security remains in doubt, according to the findings of a bipartisan congressional investigation to be released today. (Wed, 27 Jun 2007 03:36:56 GMT)

Irish Government Endorses New Accounting Regulator,
Irish Minister for Enterprise, Trade and Employment, Micheál Martin, has paid tribute to the work done by the Irish Auditing and Accounting Supervisory Authority (IAASA) during its first year of operation. (Wed, 27 Jun 2007 03:41:43 GMT)

Pete Carlson Named Corporate Controller and Principal Accounting Officer
Wachovia Corporation announced today that Pete Carlson has been named Corporate Controller and Principal Accounting Officer, reporting to Tom Wurtz, Chief Financial Officer. Carlson has served in this capacity on an interim basis since October 2006 while the company conducted an extensive executive search. (Wed, 27 Jun 2007 15:00:00 GMT)

Beazer Homes cans chief accounting officer for ethics violations
Beazer Homes USA Inc., already under a Securities and Exchange Commission informal investigation , has fired Chief Accounting Officer Michael T. Rand "due to violations of the company's ethics policy stemming from attempts to destroy documents." (Wed, 27 Jun 2007 21:03:22 GMT)

Beazer Fires Chief Accounting Officer
Home builder Beazer Homes USA Inc. said in a regulatory filing Wednesday it terminated Chief Accounting Officer Michael T. Rand for violating the company's ethics policy. (Wed, 27 Jun 2007 22:37:18 GMT)

Beazer Homes fires accounting officer
Beazer Homes USA ( BZH ), which is under investigation by the FBI for potential fraud, fired its chief accounting officer for violating the company's ethics policy by attempting to destroy documents. (Thu, 28 Jun 2007 07:27:08 GMT)

Beazer fires accounting chief amid investigation
CHICAGO — Beazer Homes USA Inc., a homebuilder under investigation by the FBI for potential fraud, fired its chief accounting officer for violating the company's ethics policy by attempting to destroy documents. (Thu, 28 Jun 2007 08:13:42 GMT)

SEC Launches Effort To Simplify Accounting Rules
Washington — Securities and Exchange Commission Chairman Christopher Cox announced Wednesday that the SEC will sponsor a yearlong project designed to make U.S. corporate accounting less confusing for investors and less costly for companies. (Thu, 28 Jun 2007 10:18:28 GMT)

New US committee to revise accounting rules
The US Securities and Exchange Commission has formed a committee to revise complex accounting rules. The committee, sponsored by the SEC, is set to focus on reducing the complexity of financial reporting in the US. (Thu, 28 Jun 2007 10:19:45 GMT)

Beazer fires accounting chief
No. 6 homebuilder says Michael Rand violated ethics policies by destroying documents. (Thu, 28 Jun 2007 10:43:58 GMT)

SEC seeks to simplify accounting
Securities and Exchange Commission Chairman Christopher Cox announced Wednesday that the SEC will sponsor a yearlong project designed to make U.S. corporate accounting less confusing for investors and less costly for companies. (Thu, 28 Jun 2007 13:39:58 GMT)

ACCOUNTANTS FOR THE 21ST CENTURY, WHERE ARE YOU. A FIVE-YEAR STUDY OF ACCOUNTING STUDENTS’ PERSONALITY PREFERENCES
There are many problems and possibilities confronting the accounting profession as a discipline. (Thu, 28 Jun 2007 14:36:31 GMT)

UB offers minority students preview of accounting careers
The School of Management and the Foundation for Accounting Education of the New York State Society of Certified Public Accountants (NYSSCPA) have collaborated to introduce minority high school students to career opportunities in the accounting profession. (Thu, 28 Jun 2007 15:17:34 GMT)

Beazer fires accounting exec amid mortgage probe
Atlanta-based Beazer Homes USA said it fired its chief accounting officer, Michael T. Rand, for attempting to destroy documents. The homebuilder, facing federal probes into its mortgage practices, disclosed the move in a filing with the Securities and Exchange Commission. Beazer said it "recently became aware of Mr. Rand's actions" during an internal investigation of the company's mortgage ... (Thu, 28 Jun 2007 16:16:00 GMT)

Beazer Homes Fires Chief Accounting Officer
According to multiple media reports, Beazer Homes said in a June 27 regulatory filing that it has fired Chief Accounting Officer Michael Rand for attempting to destroy company documents. (Thu, 28 Jun 2007 17:44:59 GMT)

CFOs Split on Accounting Standards Debate
June 29, 2007 (SmartPros) Chief financial officers are almost evenly divided in their views about the use of International Financial Reporting Standards (IFRS) versus U.S. Generally Accepted Accounting Principles, according to a new study conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business. (Fri, 29 Jun 2007 03:10:51 GMT)

Accounting Software is offered as online, hosted service.
Targeting non-profit, municipal, and government organizations, AccuFund Hosted is suited for businesses that do not want to install software or manage Windows® server, as they only need local workstation with Windows XP and high-speed Internet connection. Financial reporting and accounting software also supports local printing on defined laser printers. Users can access AccuFund Hosted from their ... (Fri, 29 Jun 2007 13:06:47 GMT)

McCreevy pledges accounting rule changes
BERLIN—Charlie McCreevy, European Commissioner for Internal Market and Services, told European businesses there will be proposals to simplify accounting and reporting rules “within the next few days.” (Fri, 29 Jun 2007 14:11:42 GMT)

Costco Accounting Officer Sells Shares
The principal accounting officer of big box retailer Costco Wholesale Corp. exercised options for 7,500 shares of common stock, according to a Securities and Exchange Commission filing. (Fri, 29 Jun 2007 19:25:35 GMT)

CVS settles accounting dispute
CVS Caremark Corp. and two former executives settled claims they used an improper trade of stuffed animals to overstate profit, the U.S. Securities and Exchange Commission said yesterday.Woonsocket-based CVS, which acquired Caremark Rx in March, broke accounting rules in a barter deal with another company to avoid writing down the value of excess plush toys in its inventory in 2000, the SEC said. ... (Sat, 30 Jun 2007 00:38:24 GMT)

Former ConAgra Execs Named in Complaint
DENVER -- Federal regulators filed civil complaints Friday accusing four former ConAgra Foods Inc. executives of aiding and abetting in improper accounting practices that helped pump up profit statements. (Sat, 30 Jun 2007 04:28:36 GMT)

Two longtime accounting firms merge
The accounting firm of Williams, McCranie, Wardlow and Cash P.A., is celebrating its 30th anniversary in Citrus County this year with a merger. Effective July 1, it will join with the longtime Hernando County firm of Woodruff and Company P.A., and become Woodruff Wardlow Nelson Cash PLC. (Sat, 30 Jun 2007 07:25:50 GMT)

Companies Use International Accounting Standards To Maximize Profits
A few years ago, public shares companies in the region started to apply the International Accounting Standard (IAS) no. 39 which sparked off a revolution among global intellectuals concerned with this issue. (Sat, 30 Jun 2007 13:59:50 GMT)

African Union embarrassed by finances
Nearly all member states are behind in their payments to the African Union while accounting methods in the organisation are systematically flawed, a meeting of AU foreign ministers heard Saturday. (Sat, 30 Jun 2007 20:59:40 GMT)

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