Home Security News Sep 2007
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Accounting counts
Let's see how your accountant friend is doing today. You can see him running around the office and staying there until 10 p.m. Then you see him leave the office with no energy left. Then as a concerned colleague, you ask him what's wrong. (Sat, 01 Sep 2007 05:39:53 GMT)
Accounting group to mentor Hillside students
Students studying finance and accounting at Hillside High School hope to soon have the real-world advice of professional accountants through a new partnership. (Sat, 01 Sep 2007 08:44:51 GMT)
Audit criticizes Honolulu police accounting
The Honolulu Police Department's manpower accounting practices fail to provide an accurate picture of patrol officers' workloads and activities and hamper efforts by the administration to justify staffing needs, according to a report released yesterday by the Office of the City Auditor. (Sat, 01 Sep 2007 12:27:02 GMT)
FAU launches scholars program for top accounting students
A new program of benefit to top students in Florida Atlantic University’s School of Accounting will begin in the new academic year. (Sun, 02 Sep 2007 04:04:57 GMT)
Kimbrough named controller, CAO
Brad Kimbrough, 43, has been named controller and chief accounting officer at Regions Financial Corporation (NYSE:RF) . Kimbrough adds the role of controller and chief accounting officer to his current duties managing financial reporting, accounting policy, monthly close-out and accounting operations. (Sun, 02 Sep 2007 09:10:13 GMT)
Accounting For The Lost Homes In The Region
More than 300 homes in Northwest Arkansas sit empty, "hidden" in plain sight. (Sun, 02 Sep 2007 09:10:23 GMT)
Afghan VP Calls For Spraying Of Poppies
An Afghan vice president has called for aerial spraying to destroy opium poppies after the cultivation of the illicit crop reached a record high this year, accounting for over 90 percent of global supply, according to a report. (Sun, 02 Sep 2007 09:30:05 GMT)
How the Times made comparisons
The Times developed its methodology for this series with advice from many experts. Kenrick Kwong, manager of the accounting and reporting systems section of the Office of Statewide Health Planning and Development, provided invaluable tips on computing charity care at East Bay hospitals. (Sun, 02 Sep 2007 10:21:10 GMT)
Accounting For The Lost Homes In The Region
More than 300 homes in Northwest Arkansas sit empty, "hidden" in plain sight. (Mon, 03 Sep 2007 08:04:08 GMT)
Accounting for the needs of SMEs
Finance and accounting software is widely used by small and medium-sized enterprises (SMEs) to save time and money by automating repetitive processes and simplifying financial reporting. However, as an increasing number of suppliers target smaller businesses, deciding which package to choose is becoming more complicated. (Mon, 03 Sep 2007 09:28:11 GMT)
The welcome mat greets returning career moms
Gina Thoma is taking a year off work to raise a family, but she's still playing the corporate game. As part of a new program at PricewaterhouseCoopers, the 42-year-old mother of three mingles at company events, checks in with a career coach and attends seminars to keep her accounting skills fresh. (Mon, 03 Sep 2007 10:01:51 GMT)
MSU accounting school renamed for alumnus
STARKVILLE - Mississippi State University's School of Accountancy now bears the name of alumnus Richard C. Adkerson. The change was announced in campus ceremonies Thursday. (Mon, 03 Sep 2007 10:21:14 GMT)
Finance, Accounting and Consultancy
We look at HMRC’s stance on salary payments to partners’ spouses and tax concessions on late night taxis. (Mon, 03 Sep 2007 10:22:09 GMT)
Finance, Accounting and Consultancy
Peter Maher considers the various strategies firms can employ to help them manage their pension liabilities. Although some firms have closed their final salary pension schemes to new entrants, deficits persist. (Mon, 03 Sep 2007 10:22:16 GMT)
Ex-farm minister Tamazawa to leave LDP over accounting scandal
_ Former farm minister Tokuichiro Tamazawa of the ruling Liberal Democratic Party said Monday he has notified the LDP of his intention to leave the party to take responsibility for an alleged accounting irregularity involving an LDP chapter he has led. (Mon, 03 Sep 2007 11:24:12 GMT)
Ex-farm minister Tamazawa to leave LDP over accounting scandal
TOKYO — Former farm minister Tokuichiro Tamazawa of the ruling Liberal Democratic Party said Monday he has notified the LDP of his intention to leave the party to take responsibility for an alleged accounting irregularity involving an LDP chapter he has led. (Mon, 03 Sep 2007 22:07:21 GMT)
Yet another Future Fund accounting rort from Cossie
The Federal Government has made a special request to the ABS for investments of its Future Fund not to be revealed in the current account figures until the middle of next year. (Tue, 04 Sep 2007 03:34:56 GMT)
BearingPoint hit over accounting
BearingPoint Inc., a provider of financial software to governments and corporations around the world, continues to have accounting issues of its own. (Tue, 04 Sep 2007 04:44:51 GMT)
City’s year-end deficit smaller than anticipated
OLEAN — The city retired a $3.8 million revenue anticipation note on the Aug. 31 due date and announced preliminary year-end accounting figures showing a smaller deficit than anticipated. (Tue, 04 Sep 2007 11:00:23 GMT)
Accounting for the needs of SMEs
Finance and accounting software can be critical to an SME. With a wealth of options out there, we identify the best options for a range of users. (Tue, 04 Sep 2007 13:28:17 GMT)
GeoMet Names Frank C. Turner II as Vice President, Chief Accounting Officer & Controller
HOUSTON----GeoMet, Inc. announced today that it has promoted Frank C. Turner II to Vice President, Chief Accounting Officer and Controller, effective September 1, 2007. (Tue, 04 Sep 2007 13:30:00 GMT)
IPhone outsells smartphones in July
Apple Inc's iPhone outsold all smartphones in the United States in July, its first full month on sale, accounting for 1.8 percent of all U.S. mobile handset sales, research group iSuppli said on Tuesday. (Tue, 04 Sep 2007 13:54:06 GMT)
Accounting plan gets benefit of doubt
A CONTENTIOUS new way to retrain graduates as accountants should be given a chance to work, according to Graham Meyer of the Institute of Chartered Accountants in Australia. (Tue, 04 Sep 2007 14:00:00 GMT)
Finance, Accounting and Consultancy
Originally published in Turnaround Management Association newsletter, August 2007. (Tue, 04 Sep 2007 14:22:46 GMT)
Journyx Announces 2nd Annual Excellence in Project Accounting Philosophy Essay Scholarship
Journyx -- the first company to provide Web-based time tracking and project accounting solutions that guide customers to per-person, per-project profitability -- today launches the 2008 Excellence in Project Accounting Philosophy essay scholarship. (Tue, 04 Sep 2007 15:23:00 GMT)
Quscient Ranked 4th Among Midmarket Finance and Accounting Outsourcing Vendors Worldwide
Quscient Technologies based in Chennai, India, has been rated 4th worldwide in providing outsourced finance/accounting services to mid market customers in the league tables published by the Black Book on Outsourcing. The ranking is based on over eighteen parameters relating to client satisfaction and operational excellence as measured in independently conducted surveys. (Wed, 05 Sep 2007 02:32:00 GMT)
Accounting Firm Launches $2,500 Makeover Contest
Sept. 5, 2007 (SmartPros) Mid-Atlantic-area accounting firm Aronson & Company has announced a $2,500 student-to-professional makeover contest, open to college accounting and finance majors entering the job market. (Wed, 05 Sep 2007 04:55:52 GMT)
Accenture Provides BT with Finance and Accounting Services Under Multi-year Business Process Outsourcing Agreement
LONDON----Accenture is providing BT with finance and accounting services under a five-and-a-half-year business process outsourcing contract. Financial details of the agreement were not disclosed. (Wed, 05 Sep 2007 10:00:00 GMT)
Quscient Ranked 4th Among Midmarket Finance and Accounting Outsourcing Vendors Worldwide
CHENNAI, India----Quscient Technologies based in Chennai, India, has been rated 4th worldwide in providing outsourced finance/accounting services to mid market customers in the league tables published by the Black Book on Outsourcing. (Wed, 05 Sep 2007 12:32:00 GMT)
IFAC SEEKS PROPOSALS TO DEVELOP PRACTICE MANAGEMENT GUIDE FOR SMALL AND MEDIUM ACCOUNTING FIRMS
The International Federation of Accountants (IFAC) is requesting proposals for the development of a practice management guide for use by small and medium accounting practices (SMPs). (Wed, 05 Sep 2007 12:36:18 GMT)
(AFX UK Focus) 2007-09-05 13:50 GMT: Comparability of EU automakers hit by different accounting practices - Moody's
MUMBAI (Thomson Financial) - Moody's Investor Service said despite all but one of the rated European carmakers adopting International Financial Reporting Standards, an examination of seven rated automotive companies' annual reports reveal several accounting differences of varying magnitude and significance, particularly as regards key measures such as EBITA, debt and pensions. (Wed, 05 Sep 2007 13:22:58 GMT)
Sun delays results, cites new accounting software
Fiscal first-quarter results will come out on November 5, later than usual, due to complications in installing a new accounting system. Sun Microsystems will release its fiscal first-quarter results on Nov. 5, later than usual for that period, due to complications in installing a new computer accounting system, its chief... (Wed, 05 Sep 2007 15:55:41 GMT)
Lawrence Park Golf Club Accounting Trouble
The Lawrence Park Golf Club says its hired accounting firm misplaced more than 1.5 million dollars...now the golf club is taking the firm - McGill, Power, Bell & Associates to court. (Wed, 05 Sep 2007 22:11:24 GMT)
Accounting discrepancies at Ace Hardware
Ace Hardware Corp. discovered an approximately $154 million shortfall on its books while preparing to convert from retailer-owned cooperative to for-profit corporation and likely will have to restate its financial results for the past five years, President and CEO Ray Griffith said. Ace has called off the conversion plan and hired an audit consulting firm to help rectify an accounting problem ... (Thu, 06 Sep 2007 01:12:44 GMT)
Ace discovers $154M accounting shortfall
Ace Hardware Corp. discovered an approximately $154 million shortfall on its books while preparing to convert from retailer-owned cooperative to for-profit corporation and likely will have to restate its financial results for the last five years, President and CEO Ray Griffith said Wednesday. Ace has called off the conversion plan and hired an audit consulting firm to help rectify an accounting ... (Thu, 06 Sep 2007 02:05:14 GMT)
Dell CEO denies having role in accounting scandal
Dell Inc. CEO Michael Dell said Wednesday that he was not "involved in or aware of" the accounting irregularities that prompted a yearlong internal probe at the PC maker. (Thu, 06 Sep 2007 04:14:38 GMT)
Accounting and Finance Worker Confidence Drops 7 Points
Sept. 6, 2007 (SmartPros) Accounting and finance worker optimism dropped seven points, from 120.1 in July to 113.1 in August, as confidence among the U.S. workforce plunged to its lowest reading in nearly two years, according to the Hudson Employment Index. (Thu, 06 Sep 2007 05:55:08 GMT)
Accenture Grabs Share of BT Accounting Work
Telecoms operator BT Group has signed a second big deal in the space of a week to outsource its finance and accounting functions. (Thu, 06 Sep 2007 06:05:35 GMT)
Accenture Grabs Share of BT Accounting Work
Under a five-and-a-half-year contract, Accenture will take on responsibility for handling high-end accounting functions such as management reporting, financial planning and analysis, month-end close activities, and budgeting/forecasting. The size of the contract was not disclosed. (Thu, 06 Sep 2007 10:11:46 GMT)
Ace discovers $154M accounting shortfall
Ace Hardware Corp. discovered an approximately $154 million shortfall on its books while preparing to convert from retailer-owned cooperative to for-profit corporation and likely will have to restate its financial results for the last five years, President and CEO Ray Griffith said Wednesday. (Thu, 06 Sep 2007 10:18:06 GMT)
Accounting error puts Ace in hole
$154 million shortfall halts conversion plan Ace Hardware Corp. announced Wednesday that it has shelved plans to switch from a dealer-owner cooperative to a corporation after discovering a $154 million accounting shortfall that dates back at least five years. (Thu, 06 Sep 2007 12:53:23 GMT)
Michael Dell 'not involved' in accounting fraud
Buck, what buck? Must have passed it along...Michael Dell, CEO of Dell Computers said Wednesday he was not involved in any of the accounting monkeyshines uncovered during an internal probe at the company.… (Thu, 06 Sep 2007 19:33:04 GMT)
Greenberg Will Testify to SEC About AIG Accounting, People Say
Sept. 6 (Bloomberg) -- Maurice ``Hank'' Greenberg, former chief executive officer of American International Group Inc., will testify to the U.S. Securities and Exchange Commission about whether he had a role in the insurer's accounting improprieties, two people familiar with the matter said. (Thu, 06 Sep 2007 23:37:14 GMT)
Poised to be accounting hub
PENANG: Malaysia is poised to become a hub for accounting education in the region, Malaysian Institute of Accountants president Nik Mohd Hasyudeen Yusoff said. (Fri, 07 Sep 2007 02:49:49 GMT)
IASB Proposes Additional Hedge Accounting Guidance
Sept. 7, 2007 (SmartPros) The International Accounting Standards Board (IASB) published for public comment an exposure draft of proposed amendments to IAS 39 Financial Instruments: Recognition and Measurement. (Fri, 07 Sep 2007 03:14:43 GMT)
Accenture Grabs Share of BT Accounting Work
Telecoms operator BT Group has signed a second big deal in the space of a week to outsource its finance and accounting functions. (Fri, 07 Sep 2007 05:44:33 GMT)
Accenture Grabs Share of BT Accounting Work
Telecoms operator BT Group has signed a second big deal in the space of a week to outsource its finance and accounting functions. (Fri, 07 Sep 2007 05:48:00 GMT)
SKorea discovers 17.4 trillion won 'windfall' due to accounting system error
SEOUL (Thomson Financial) - South Korea's government is 17.4 trillion won wealthier than it expected after uncovering errors in a new accounting system, officials said Friday. (Fri, 07 Sep 2007 09:47:00 GMT)
Accounting degrees are most lucrative
Students with a degree in accounting stand to earn more money in the workplace than any other graduate, a study by the Institute of Education has revealed. (Fri, 07 Sep 2007 11:12:52 GMT)
School of accounting gets name, funding
University officials publicly announced the naming of the Richard C. Adkerson School of Accountancy Aug. 30 following his $5 million donation to MSU's accounting school. The announcement was made at a ceremony held that day before MSU's first football game. (Fri, 07 Sep 2007 13:41:43 GMT)
Rambus settles backdating suit for $18M
Rambus will pay $18 million to settle a class-action lawsuit over stock-option accounting. (Sat, 08 Sep 2007 00:22:57 GMT)
Optimism for business opportunity in accounting
The booming financial market in China has created tremendous new opportunities for accounting firms. (Sat, 08 Sep 2007 02:44:46 GMT)
PROFESSOR (OR READER) IN ACCOUNTING
Do you want to join a truly global business school? The OU Business School has more than 30,000 students internationally and a vibrant academic research community. (Sat, 08 Sep 2007 11:51:19 GMT)
Bill Gerber of OSI Recognized as One of the Nation's Leading Outsourced Accounting Services Provider
Bill Gerber, Managing Director of OSI Business Services, an outsourced bookkeeping services firm, has been named by The CPA Technology Insider as one of the accounting industries up and coming leaders. (Sun, 09 Sep 2007 07:01:00 GMT)
Bill Gerber of OSI Recognized as One of the Nation's Leading Outsourced Accounting Services Provider
Bill Gerber, Managing Director of OSI Business Services, an outsourced bookkeeping services firm, has been named by The CPA Technology Insider as one of the accounting industries up and coming leaders. (PRWeb Sep 9, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/ (Sun, 09 Sep 2007 07:14:31 GMT)
Finance, Accounting and Consultancy
Several Provisions of the Supreme People’s Court on the Trial of Compensation Cases for Tort Involved in the Audit Business of Accounting Firms. (Sun, 09 Sep 2007 08:22:06 GMT)
Six years after Sept. 11, New York's financial district bustles with workers and residents
Even accounting for the exodus of residents immediately after 9/11, the population of Lower Manhattan has increased by more than 10,000 in the past six years, according to census data. And office space, now in short supply, is renting for more than it did before the attack. (Sun, 09 Sep 2007 12:15:40 GMT)
Finding financial fuel
Ron Swanson of Galt, Iowa, could be called a financial Noah. He's building an ark on his 740-acre farm that might save his business in the next financial washout. You won't see it on his well-mowed farmstead. This ark is the accounting system in his computer. (Sun, 09 Sep 2007 12:51:11 GMT)
CUC uses manual computation in getting actual fuel expenses
The Commonwealth Utilities Corp. is manually computing some data in computing its actual fuel expenditures. CUC spokesperson Pamela Mathis told Saipan Tribune that up-to-date data for “actual fuel expenditures” is reconciled by accounting personnel for the third preceding month. (Sun, 09 Sep 2007 14:05:31 GMT)
Accounting problems prompt overhaul at Piedmont
State regulators objected to longstanding accounting problems at Piedmont Natural Gas Co. Inc. last summer, forcing the utility to replace a manager and expand its gas-cost accounting department over the past year. (Mon, 10 Sep 2007 04:50:58 GMT)
Accounting rules could raise audit costs 20 percent
New auditing rules that begin rolling out at the end of this year could raise the cost of annual audits 10 percent to 20 percent but will likely improve the quality of financial reporting at public and private companies alike, accountants say. (Mon, 10 Sep 2007 05:30:39 GMT)
Accounting firms go head to head for scarce talent
Karin Gilmartin is heading to Boston College next week to attract new talent. (Mon, 10 Sep 2007 05:30:48 GMT)
D.C. accounting firm makes deal for PCA Group
Washington, D.C., accounting firm UHY Advisors DC Inc. has bought PCA Group of Columbia, and it plans to move 60 of its D.C. workers to a new office in Northern Virginia. (Mon, 10 Sep 2007 05:30:58 GMT)
D.C. accounting firm buys Md. shop, opens in Va.
Accounting business UHY Advisors D.C. Inc. has bought a Maryland company and plans to move 60 of its D.C. workers to a new office in Northern Virginia. (Mon, 10 Sep 2007 05:31:39 GMT)
IMA hosts event to attract students to private accounting
NORTH BAY – A group of North Bay private accountants is seeking to attract more students to the field, which it says is overshadowed by the world of public accounting. (Mon, 10 Sep 2007 10:31:10 GMT)
Catalyst suing IMAX over accounting issues
Giant-screen movie company Imax Corp. is being sued over its accounting by one of its bondholders, private equity fund manager Catalyst Capital Group Inc. (Mon, 10 Sep 2007 12:11:57 GMT)
Catalyst suing IMAX over accounting issues
Move marks an escalation in the private equity fund's battle with the movie company (Mon, 10 Sep 2007 12:22:57 GMT)
Catalyst Seeks Court Review of Imax Probes, Accounting Issues
Sept. 10 (Bloomberg) -- Catalyst Capital Group Inc., owner of about $67 million of Imax Corp. debt, sued the maker of giant film screens and is seeking a court-appointed inspector to review Imax's accounting and speed up resolution of regulatory probes. (Mon, 10 Sep 2007 17:47:20 GMT)
CSC accounting errors go back 10 years
Computer Sciences Corp. has found accounting errors related to its accounting for income taxes and the effect of foreign currency exchange rate movements on certain intracompany accounts for fiscal years 1997 through 2007, the company said Monday. (Mon, 10 Sep 2007 21:08:02 GMT)
Cognex Corporation Appoints New Independent Registered Public Accounting Firm
NATICK, Mass.----Cognex Corporation today announced that the Audit Committee of the company's Board of Directors has appointed Grant Thornton LLP as the company's independent registered public accounting firm, effective September 7, 2007. (Mon, 10 Sep 2007 21:29:00 GMT)
Computer Sciences Corp. reveals costly accounting errors
Computer Sciences Corp. said Monday it found accounting errors for fiscal years 1997 to 2007 and may have to take a $200 million charge. (Mon, 10 Sep 2007 21:37:50 GMT)
CSC Announces Potential Past Accounting Charges
Computer Sciences has revealed that accounting errors dating us far back as 1997 could be costly for the services company, which is currently reviewing its books and plans to refile its fiscal 2007 annual report to include the impact of the errors. (Tue, 11 Sep 2007 06:06:45 GMT)
CSC announces potential past accounting charges
The accounting in question pertains to income taxes and foreign exchange rates on what CSC called "certain intracompany accounts." (Tue, 11 Sep 2007 10:01:28 GMT)
CSC accounting errors go back 10 years
Computer Sciences Corp. has found accounting errors related to its accounting for income taxes and the effect of foreign currency exchange rate movements on certain intracompany accounts for fiscal years 1997 through 2007, the company said Monday. (Tue, 11 Sep 2007 15:40:13 GMT)
Computer Sciences Corp. reveals costly accounting errors
Computer Sciences Corp. said it found accounting errors for fiscal years 1997 to 2007 and may have to take a $200 million charge. (CSC) (Tue, 11 Sep 2007 15:42:57 GMT)
Survey says: No hiring changes for finance, accounting
A majority of Memphis CFOs responding to a recent survey expect no hiring changes in the finance and accounting fields in the next quarter. (RHI) (Tue, 11 Sep 2007 15:51:27 GMT)
Most CFOs expect no hiring changes for finance, accounting
A majority of Portland chief financial officers responding to a recent survey expect no hiring changes in the finance and accounting fields in the next quarter. (RHI) (Tue, 11 Sep 2007 17:07:55 GMT)
DreamWorks Animation Names Phil Cross Chief Accounting Officer
DreamWorks Animation SKG today announced that Philip Cross has been named Chief Accounting Officer. (Tue, 11 Sep 2007 23:42:00 GMT)
Forensic accounting firm opening Honolulu office
Kessler International, a New York firm specializing in forensic accounting, corporate fraud and Internet crime detection and prevention, said it is opening an office in Honolulu to serve the needs of the Pacific Rim. (Wed, 12 Sep 2007 00:20:16 GMT)
Australian Central Bank Reveals Accounting Loss For Fiscal 2006/07
(RTTNews) - The Australian central bank incurred an accounting loss of A$1.393 billion for the year ended June 2007, the bank's latest Annual Report, released Tuesday, indicated. This is the central bank's first loss in 13 years. (Wed, 12 Sep 2007 08:16:42 GMT)
TKS Solutions upgrades shareholder and accounting software
TKS Solutions, provider of partnership and shareholder accounting solutions for the financial industry, today announced expanded features for its ... (Wed, 12 Sep 2007 09:51:24 GMT)
UGI's Top Accounting Officer to Retire
Propane gas supplier UGI Corp. said Wednesday a top accounting executive will retire next spring after more than 30 years with the company. (Wed, 12 Sep 2007 14:00:08 GMT)
UGI's Top Accounting Officer to Retire
Propane gas supplier UGI Corp. said Wednesday a top accounting executive will retire next spring after more than 30 years with the company. (Wed, 12 Sep 2007 14:00:08 GMT)
Tax, principles in accounting confuse payers
OFFICIALS of a local accounting and tax advisory firm are encouraging taxpayers to keep separate books of accounts for financial reporting and income tax reporting. (Wed, 12 Sep 2007 16:41:43 GMT)
SEC charges four ex-Nortel execs with accounting fraud
The U.S. Securities and Exchange Commission said on Wednesday it has filed civil charges against four more former financial executives at Nortel Networks Corp. for allegedly participating in an accounting fraud in 2002 and 2003. (Wed, 12 Sep 2007 18:26:57 GMT)
Four more ex-Nortel officers charged with accounting fraud
U.S. authorities have charged four more former officers of Nortel Networks with fraud as the investigation continues into the circumstances that led to the company's 2003 accounting scandal. (Wed, 12 Sep 2007 20:51:24 GMT)
S.E.C. Sues 4 Former Nortel Officers in Accounting Case
The S.E.C. said that four former finance officers at Nortel Networks helped the former C.E.O. manipulate reserves to enhance earnings. (Thu, 13 Sep 2007 02:58:09 GMT)
Autodesk Chief Accounting Officer Andrew Miller to Present at ThinkEquity Partners' Growth Conference
SAN RAFAEL, Calif., Sept. 13 /PRNewswire-FirstCall/ -- WHAT: Autodesk, ( Nachrichten ) Inc. today announced that Andrew Miller, Chief Accounting Officer, Vice President Finance and Corporate Controller will present at the upcoming ThinkEquity Partners' Growth Conference in San Francisco WHEN: Tuesday, Sept. 18 at 10:30 a.m. Pacific Time DETAILS: A live webcast and audio archive will be available ... (Thu, 13 Sep 2007 10:37:40 GMT)
SEC charges 4 more former Nortel execs
The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel's earnings statements on the orders of more senior officers of the Canadian networking equipment maker. (Thu, 13 Sep 2007 11:19:01 GMT)
Accenture Provides Microsoft with Finance & Accounting and Procurement Services Under Seven-Year BPO Agreement
Accenture ( Nachrichten ) (NYSE: ACN) is providing Microsoft Corp. ( Nachrichten / Aktienkurs ) with a range of finance and accounting (F&A) and procurement services under a seven-year, $185 million business process outsourcing (BPO) agreement. (Thu, 13 Sep 2007 12:12:26 GMT)
Ricoh Launches Transaction Link Application for Sage MAS 90(TM) and MAS 200(TM) Accounting Services
Ricoh Americas Corporation, the leading provider of digital office equipment, today introduced Ricoh® Transaction Link, a document storage solution for accounting services. Targeted for small- to medium-sized businesses, Transaction Link enables users to streamline financial document processing while increasing productivity and compliance with regulatory requirements. (Thu, 13 Sep 2007 13:00:00 GMT)
CSC uncovers accounting errors going back 10 years
Computer Sciences Corp. has found accounting errors related to its accounting for income taxes and the effect of foreign currency exchange rate movements on certain intracompany accounts for fiscal years 1997 through 2007, the company said Monday. (CSC) (Thu, 13 Sep 2007 19:52:31 GMT)
SEPTEMBER DECISION SUMMARY – CANADIAN ACCOUNTING STANDARDS BOARD
The AcSB received reports on recent meetings of the International Accounting Standards Board (IASB) and US Financial Accounting Standards Board (FASB) (see www.iasb.org.uk and www.fasb.org, respectively). (Fri, 14 Sep 2007 01:32:18 GMT)
IFAC'S PUBLIC SECTOR ACCOUNTING STANDARDS BOARD PROPOSES UPDATES TO IMPROVE THE CLARITY OF FOREIGN EXCHANGE RATES ...
The International Public Sector Accounting Standards Board (IPSASB), an independent standard-setting board within the International Federation of Accountants (IFAC), is seeking comments on an exposure draft (ED) developed as part of its project to enhance the clarity and usability of its International Public Sector Accounting Standard (IPSAS) that addresses accounting for fluctuations in ... (Fri, 14 Sep 2007 02:17:50 GMT)
Carrizozo accounting practices probed by DA, audit
In a repeated effort to assure Carrizozo residents that all that could be done was being done, Mayor LeeRoy Zamora told them that a District Attorney investigation into accounting practices at Town Hall was under way. (Fri, 14 Sep 2007 04:31:11 GMT)
Accounting Firms Among Best Places to Launch a Career
Sept. 14, 2007 (SmartPros) Accounting firms dominate BusinessWeek's second annual ranking of the "Best Places to Launch a Career." (Fri, 14 Sep 2007 06:14:33 GMT)
South Africa: Insurance Accounting Genie Loose
THE black box governing accounting for insurance contracts globally is in the process of being opened. (Fri, 14 Sep 2007 08:59:30 GMT)
Panel spurns state accounting plan
An education advisory panel on Thursday rejected a proposal to require Kansas school districts to implement a standardized accounting system on how they spend money. Instead, the 2010 Commission unanimously agreed to recommend that the State Board of Education increase training of clerks who input budget data and update budget reporting practices as they see fit. (Fri, 14 Sep 2007 09:35:37 GMT)
Rural/Metro Finds Accounting Errors
Rural/Metro Corp., an ambulance and fire-protection services provider, said Friday it missed the filing deadline for its fiscal 2007 annual report to review and correct accounting misstatements. (Fri, 14 Sep 2007 12:46:28 GMT)
Dollar Financial Delays 2007 Filing While It Looks Into Accounting of Derivatives
BERWYN, Pa. (AP) - Dollar Financial Corp. said Friday it is delaying filing its 2007 financial results while it looks into the accounting of derivative transactions. (Fri, 14 Sep 2007 14:53:38 GMT)
Panel rejects standard accounting system for school districts
Associated Press - September 14, 2007 11:54 AM ET TOPEKA, Kan. (AP) - An education advisory panel rejects a plan to require Kansas school districts to use a standardized accounting... (Fri, 14 Sep 2007 15:59:34 GMT)
An education advisory panel rejects a plan to require Kansas school districts to use a standardized accounting system.
Instead, the 2010 Commission is recommending that the State Board of Education increase training of clerks who input budget data. An audit of 20 states found that 14 of them have standardized accounting systems. (Fri, 14 Sep 2007 16:10:57 GMT)
Chesapeake Energy Chief Accounting Officer Michael A. Johnson Sells 7,500 Shares
NEW YORK (AP) - The chief accounting officer of natural gas producer Chesapeake Energy Corp. sold 7,500 shares of common stock, according to a Securities and Exchange Commission filing. (Fri, 14 Sep 2007 19:39:37 GMT)
Accounting for government waste
Ten years after Congress ordered federal agencies to have outside auditors review their books, neither the Defense Department nor the newer Department of Homeland Security has met even basic accounting requirements, leaving them vulnerable to waste, fraud and abuse. (Sat, 15 Sep 2007 03:35:03 GMT)
Defense and DHS can't pass audits, aren't meeting basic accounting standards
Ten years after Congress ordered federal agencies to have outside auditors review their books, neither the Defense Department nor the newer Department of Homeland Security has met even basic accounting requirements, leaving them vulnerable to waste,... (Sat, 15 Sep 2007 05:13:25 GMT)
Two departments' accounting is so flawed, it can't be audited
Ten years after Congress ordered federal agencies to have outside auditors review their books, neither the Defense Department nor the more-recently established Department of Homeland Security has met even basic accounting requirements, leaving them vulnerable to waste, fraud and abuse. (Sat, 15 Sep 2007 08:03:13 GMT)
Review says US agencies lack basic accounting standards
SAN FRANCISCO - Ten years after Congress ordered federal agencies to have outside auditors review their books, neither the Department of Defense nor the newer Department of Homeland Security has met even basic accounting requirements, leaving them vulnerable to waste, fraud, and abuse. (Sat, 15 Sep 2007 08:54:13 GMT)
New accounting rules will bring to light unfunded health-care costs
EDMOND — A big change in accounting happened in 2004 that could have a big impact on you someday. The Government Accounting Standards Board, which sets standards for how businesses and governments should do their bookkeeping, announced GASB Rule 45. (Sun, 16 Sep 2007 04:35:57 GMT)
Wiggle room: Accounting rules give banking industry edge
Wall Street's banking titans have a history of being slow to acknowledge bad news. Don't count on them to come completely clean in their quarterly earnings reports next week about how the credit crisis is rocking their businesses. That's because bank leaders have a crafty tool on their side: accounting rules. (Sun, 16 Sep 2007 05:28:01 GMT)
WFU accounting professor refreshes his skills in a residency program at KPMG LLP in Charlotte and at a boot camp
Ralph Tower Jr. believes in the "refreshing" approach to education, including his own, even at an age when most professors have taught their last lesson. That's why Tower, 67, and an accounting professor at Wake Forest University, spent his entire summer in a paid "professor-in-residence" program with KPMG LLP at its Charlotte office. Tower is just the sixth professor, and the only one in North ... (Sun, 16 Sep 2007 05:29:06 GMT)
Creative accounting could ease banks' earnings hit from credit losses
Wall Street's banking titans have a history of being slow to acknowledge bad news. Don't count on them to come completely clean in their quarterly earnings reports next week about how the credit crisis is rocking their businesses. (Sun, 16 Sep 2007 06:32:48 GMT)
D.C. accounting firm buys into Atlanta market
Reznick Group P.C., a fast-growing, national accounting firm based in the Washington, D.C., area, is acquiring a Birmingham firm with offices in Atlanta. (Mon, 17 Sep 2007 04:32:41 GMT)
Students training to be accounting professors in short supply
Spurred by aging baby boomers and high industry salaries, a shortage in accounting professors is becoming increasingly problematic for local colleges and universities. (Mon, 17 Sep 2007 04:32:50 GMT)
Creative accounting could ease banks' hit from credit losses
NEW YORK - Wall Street's banking titans have a history of being slow to acknowledge bad news. Don't count on them to come completely clean in their quarterly earnings reports next week about how the credit crisis is rocking their businesses. (Mon, 17 Sep 2007 08:19:07 GMT)
Cyclone Power Technologies Retains Accounting Firm
Cyclone Power Technologies, Inc. (Pinksheets: CYPW) announced today that it has retained the accounting firm of Baum & Company, P.A., in Coral Springs, Florida. (Mon, 17 Sep 2007 11:00:00 GMT)
CODA and Salesforce.com Announce New CODA 2go Enterprise Accounting System Built on the Force.com On-Demand Platform
Salesforce.com Dreamforce Conference -- CODA Group , the global finance systems specialist, and salesforce.com , the market and technology leader in on-demand business services, today announced a strategic alliance that will see CODA develop the first on-demand financial system built natively on salesforce.com's Force.com on-demand platform. (Mon, 17 Sep 2007 12:05:00 GMT)
NetSuite 2007.0 Receives Perfect 5 of 5 Stars in Mid-Range Accounting Review
NetSuite Inc., a vendor of on-demand, integrated business management application suites that provide Accounting / ERP , CRM and Ecommerce functionality for small and medium-sized businesses and divisions of large companies, today announced that NetSuite 2007.0 received a perfect 5-star rating in a detailed review of the industry's top mid-market accounting products recently conducted by The CPA ... (Mon, 17 Sep 2007 13:00:00 GMT)
Former Supermarket Executives Charged In Accounting Scheme
WASHINGTON -(Dow Jones)- Two former supermarket executives face criminal and civil charges that they inflated results at Syracuse, N.Y.-based Penn Traffic Co.(PTFC) by improperly accounting for rebates and other promotional allowances from vendors. (Mon, 17 Sep 2007 15:56:18 GMT)
Carrizozo accounting practices probed by DA, audit
In a repeated effort to assure Carrizozo residents that all that could be done was being done, Mayor LeeRoy Zamora told them that a District Attorney investigation into accounting practices at Town Hall was under way. (Mon, 17 Sep 2007 16:32:06 GMT)
BYU Accounting in No. 3 in Nation
he Marriott School of Management's accounting programs was recently ranked No. 3 in the nation by U.S. News & World Report. (Mon, 17 Sep 2007 16:37:17 GMT)
Oranged Rolls Out Accounted Accounting App
Oranged Software announced the immediate availability of Accounted 1.0 on Monday. Accounted is a business accounting application that Oranged Software claims was designed to be easy to use and flexible (Mon, 17 Sep 2007 20:30:01 GMT)
Former Penn Traffic execs accused of accounting fraud
Two former executives with the Penn Traffic Company are under a federal indictment for accounting fraud. The U.S. Attorney's Office in Syracuse was joined by representatives of the FBI and Securities And Exchange Commission in announcing the charges. (Mon, 17 Sep 2007 21:35:34 GMT)
Recruiters Take Hip Path to Fill Accounting Jobs
Hiring at the Big Four accounting firms is running at record levels, and recruiting efforts are being ramped up as growing demand collides with a talent shortage. (Mon, 17 Sep 2007 23:10:00 GMT)
MIA & NPC In Pact To Benchmark Small & Medium-sized Accounting Firms
PETALING JAYA, Sept 18 (Bernama) -- The Malaysian Institute of Accountants (MIA) and National Productivity Corporation (NPC) today signed a memorandum of understanding (MoU) to assist 17 small and medium-sized accounting firms in implementing benchmarking and facilitate the search for best practices locally and worldwide. (Tue, 18 Sep 2007 06:08:56 GMT)
Oriel Accounting Appoints Divisional Manager
18/09/2007 Oriel Accounting has appointed James Luxton to the role of divisional manager, to help enhance the offering to current and future clients. (Tue, 18 Sep 2007 10:35:08 GMT)
Reznick Group To Host National Webcast on New Audit and Accounting Standards
Reznick Group subject matter experts will host a national webcast on Wed., Oct. 3, 2007, from 2-4:30 pm ET to present a detailed outline of new audit standards and explain new accounting requirements for implementing and maintaining internal controls within an organization. (Tue, 18 Sep 2007 19:47:00 GMT)
Former accounting director of local Red Cross chapter arrested, charged with embezzlement
ASHEVILLE - The former accounting director of the local chapter of the American Red Cross has been arrested and charged with two counts of embezzlement, according to a press release issued by the Asheville-Mountain Chapter of the Red Cross. (Tue, 18 Sep 2007 19:47:03 GMT)
GMH Communities Trust Promotes Marina Dikos to Chief Accounting Officer
GMH Communities Trust , one of the leading providers of housing, lifestyle and community solutions for college students and members of the U.S. military and their families, today announced that it has promoted Marina Dikos to Chief Accounting Officer. (Tue, 18 Sep 2007 20:00:00 GMT)
CSC discloses accounting errors dating back 10 years
Restating of income tax accounting could cost the company $200 million. Computer Sciences Corporation said it has discovered errors in its accounting of income taxes and the effect of foreign currency exchange rate movements on certain intracompany accounts for fiscal years 1997 through 2007. (Tue, 18 Sep 2007 22:52:30 GMT)
SCORE teaches accounting for all
ENKA -- The Asheville chapter of SCORE offers a seminar on "Accounting for Non-Accountants" 8:30 a.m.-noon Saturday in Room 2046 of the Small Business Center on Asheville-Buncombe Technical Community College's Enka campus. Cost is $30 at the door. (Wed, 19 Sep 2007 05:12:39 GMT)
Quantum Develops Artificial Intelligence Tutoring Software for Accounting
In field research, students using the Quantum Tutors for Accounting achieved 3.5 times more gain in test scores over students that studied with the textbook only. (Wed, 19 Sep 2007 07:01:00 GMT)
Quantum Develops Artificial Intelligence Tutoring Software for Accounting
In field research, students using the Quantum Tutors for Accounting achieved 3.5 times more gain in test scores over students that studied with the textbook only. (PRWeb Sep 19, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/ (Wed, 19 Sep 2007 07:18:54 GMT)
Accounting Procedures Act Changing How Foreign Firms Converge Toward U.S. Regulations
Finance research has demonstrated that in the global economy, non-U.S. firms benefit from convergence toward U.S. market and legal regulations. Researchers have examined the relative advantages of the two convergence methods - cross-listing and acquisition by a U.S. firm - and determined that passage of the 2002 Sarbanes-Oxley Act, which tightened reporting and accounting procedures in response ... (Wed, 19 Sep 2007 12:29:39 GMT)
Ricoh Middleware Links Documents to Sage Accounting
Ricoh's Transaction Link middleware integrates scanned document data with Sage accounting software. (Wed, 19 Sep 2007 13:25:05 GMT)
IASB PROPOSES IMPROVEMENTS TO THE ACCOUNTING FOR JOINT ARRANGEMENTS
The International Accounting Standards Board (IASB) has published for public comment a proposal to improve the accounting for joint arrangements. ED 9 Joint Arrangements proposes a replacement to the existing standard IAS 31 Interests in Joint Ventures, and represents the first major revision to the standard since it was first issued in 1990.... (Wed, 19 Sep 2007 18:17:29 GMT)
MANAGEMENT ACCOUNTING RESEARCH GROUP (MARG) CONFERENCE
Management Accounting Research Group (MARG) Conference, Aston Business School, November 15th & 16th 2007. (Wed, 19 Sep 2007 18:47:51 GMT)
A Second Year of Double-Digit Growth for Firms in CCH's Public Accounting Report Top 100 List
Growth has tailed off somewhat for the majority of accounting firms on Public Accounting Report's 2007 Top 100, but the group's revenue growth rates remain in double digits, with 2006 and 2007 registering the first back-to-back years of double-digit growth since 2000 and 2001. (Wed, 19 Sep 2007 20:12:00 GMT)
Accounting Procedures Act Changing How Foreign Firms Converge Toward U.S. Regulations, Study Finds
Finance research has demonstrated that in the global economy, non-U.S. firms benefit from convergence toward U.S. market and legal regulations. University of Arkansas researchers have examined the relative advantages of the two convergence methods - cross-listing and acquisition by a U.S. firm - and determined that passage of the 2002 Sarbanes-Oxley Act, which tightened reporting and accounting ... (Wed, 19 Sep 2007 21:11:12 GMT)
Mental accounting=more spending
Mental accounting it "the inclination to categorise and treat money differently depending on where it comes from, where it is kept and how it is spent. (Thu, 20 Sep 2007 03:15:49 GMT)
Double-Digit Growth for Accounting Firms on CCH List
Sept. 20, 2007 Growth has tailed off somewhat for the majority of accounting firms on the Public Accounting Report 2007 Top 100, published by CCH. But the group's revenue growth rates remain in double digits, with 2006 and 2007 registering the first back-to-back years of double-digit growth since 2000 and 2001. (Thu, 20 Sep 2007 05:29:33 GMT)
Bankers sweat over sub-prime accounting
Banks across the world were fretting over the accounting for complex derivatives this week, as US banks sought to draw a line under the crisis of confidence in the markets. (Thu, 20 Sep 2007 09:23:16 GMT)
Escala Group Selects BDO Seidman as Its Principal Independent Registered Public Accounting Firm
WEST CALDWELL, N.J.----Escala Group , a global collectibles and precious metals trading company, today announced that the Audit Committee of its Board of Directors has appointed BDO Seidman, LLP as its principal independent registered public accounting firm. (Thu, 20 Sep 2007 12:24:00 GMT)
ESCL: Appoints BDO Seidman to Principal Accounting Firm
Escala Group (ESCL) announced that the Audit Committee of its Board of Directors has appointed BDO Seidman, LLP as its principal independent registered public accounting firm. (Thu, 20 Sep 2007 12:58:52 GMT)
Last fall's E. coli outbreak in fresh spinach spurs changes
A push from processors. More than 100 California processors signed on to a Leafy Greens Handler Marketing Agreement, crafted by the industry and implemented in the spring. Participants, accounting for virtually all of the state's leafy greens, require growers to adhere to defined minimum safety standards. (Fri, 21 Sep 2007 05:25:59 GMT)
AI Accounting Tutoring Software in Field Testing
Sept. 21, 2007 Quantum Simulations, Inc., a developer of artificial intelligence software, said it is currently field testing new accounting tutoring software, which is slated for launch in spring 2008. (Fri, 21 Sep 2007 05:30:03 GMT)
Classes teach QuickBooks accounting
BRADENTON - A series of QuickBooks classes designed to help small business owners and others learn computer accounting software will begin next month. (Fri, 21 Sep 2007 07:09:31 GMT)
Finance, Accounting and Consultancy
IFRS 7, which replaces IAS 30 and IAS 32, has a number of new disclosure requirements that companies need to take into account. IFRS 7, ‘Financial Instruments: Disclosures’ combines the disclosure requirements arising from IAS 30 and IAS 32 in a new standard. (Fri, 21 Sep 2007 10:17:14 GMT)
Analyse The Financial Performance Of The Companies Important To The Success Of Your Business In The Accounting ...
DUBLIN, Ireland----Research and Markets has announced the addition of "Accounting Software - Portfolio Analysis" to their offering. (Fri, 21 Sep 2007 10:43:00 GMT)
ACCOUNTING/ADMINISTRATION POSITION
Pay $10-$12, HSD required. Close attention to detail a must, basic accounting, Excel required, Formulas a plus, Quick Books Pro. Additional responsibilities include general office, phones, data entry etc. (Sat, 22 Sep 2007 04:15:06 GMT)
Palo Alto charity says employee stole $350,000
(09-21) 12:21 PDT PALO ALTO - An employee at Lucile Packard Foundation for Children's Health stole $350,000 from the charity over a five-year period, the foundation's president said today. Officials discovered that an accounting employee had been skimming... (Sat, 22 Sep 2007 07:27:11 GMT)
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