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Apple, Dell and More: 10 Accounting Slips To Avoid
Many companies throughout the IT industry grapple with earnings restatements, late SEC filings and other related challenges. Here is a look at accounting stories you should know about, as part of your due diligence: (Tue, 20 Nov 2007 20:21:38 GMT)

Accounting firm KPMG teaches ethics class at WFU
WINSTON-SALEM, N.C. (AP) - The accounting firm KPMG is launching a program at Wake Forest University to help business students navigate ethical problems. (Tue, 20 Nov 2007 21:53:53 GMT)

SC upholds new accounting standards
Dismissing the appeals of a large number of companies that opposed the new policy, the bench headed by Justice SH Kapadia said AS 22 sought to arrive at the true accounting income. "In the age of globalisation, the attempt is to reconcile the accounts of the Indian companies with their joint venture partners abroad," the 220-page judgment said, and added: "The aim is to harmonise Indian ... (Wed, 21 Nov 2007 05:23:16 GMT)

Accounting firm KPMG teaches ethics class at WFU
WINSTON-SALEM, N.C. -- The accounting firm KPMG is launching a program at Wake Forest University to help business students navigate ethical problems. The program uses role play to push students to consider the ethical quandaries they may face as students or workers. (Wed, 21 Nov 2007 16:27:07 GMT)

Braver merges with accounting firm
Accounting firm Braver said Wednesday that it has merged with Edward Giardina PC. (Wed, 21 Nov 2007 16:31:54 GMT)

Accounting and Consultancy
A round-up of recent cases in which our Forensic Services team has been involved. (Thu, 22 Nov 2007 09:17:14 GMT)

Fujitsu profit falls 62 percent
Japanese electronics company Fujitsu reported a 62 percent drop in profit for the July-September quarter Thursday as accounting changes and a heavier tax burden in Great Britain chipped away at gains from strong sales. (Thu, 22 Nov 2007 12:16:01 GMT)

NHS and resource accounting: a worrying diagnosis
ICAS's research report, NHS resource accounting in Wales: problems of implementation , provides a novel insight into the consequences of moving from cash to accruals accounting in the public sector. (Thu, 22 Nov 2007 14:43:51 GMT)

Quebec's finance minister to revamp province's accounting practises
QUEBEC - Finance Minister Monique Jerome-Forget says Quebec's accounting practices will undergo sweeping reforms that will give taxpayers a more accurate picture of the province's finances. (Fri, 23 Nov 2007 00:58:00 GMT)

BYU accounting programs ranked second in nation
Brigham Young University's undergraduate and graduate accounting programs ranked second in Public Accounting Report's Annual Survey of Accounting Professors. Every year since 1995 the survey has positioned both BYU accounting programs among the top three in the nation. (Fri, 23 Nov 2007 07:30:48 GMT)

Third-quarter profit growth strongest in nearly two years
OTTAWA–Canada's oil and banking industries did most of the heavy lifting during the third quarter, accounting for nearly half of the period's record operating profits of $67 billion. (Fri, 23 Nov 2007 09:49:16 GMT)

Sage launches MIP Fund Accounting v9.0
Enhancements to the product include: new tax forms and eFiling by Aatrix, new recurring and reversing entry management functionality, enhanced fixed assets tracking and reporting, streamlined navigation and enhanced user interface, and additional payroll, accounts payable, accounts receivable, and reporting functionality. (Fri, 23 Nov 2007 11:00:21 GMT)

PERA settles with Qwest for $15.5M
The Colorado Public Employees Retirement Association has reached a $15.5 million settlement with Qwest Communications International stemming from the company's accounting scandal. (Fri, 23 Nov 2007 13:00:56 GMT)

23-11-2007: Pos Malaysia 3Q net down 35% to RM25m
KUALA LUMPUR: Pos Malaysia Bhd’s third quarter net profit fell 35.5% to RM25.47 million from RM39.52 million a year ago, as earnings were affected by higher operating costs and the discontinuation of equity accounting the results of Transmile Group Bhd. (Fri, 23 Nov 2007 14:53:09 GMT)

Ahold shareholders take Deloitte to court over 2003 accounting scandal - report
AMSTERDAM (Thomson Financial) - The Royal Ahold NV ( Nachrichten / Aktienkurs ) shareholders who got hit by the food giant's accounting scandal in 2003, are taking accountant firm Deloitte to court in a claim that could reach hundreds of millions of euros, reported Dutch television sender RTL. (Fri, 23 Nov 2007 16:37:44 GMT)

(AFX UK Focus) 2007-11-23 16:25 GMT: Ahold shareholders take Deloitte to court over 2003 accounting scandal - report
AMSTERDAM (Thomson Financial) - The Royal Ahold NV shareholders who got hit by the food giant's accounting scandal in 2003, are taking accountant firm Deloitte to court in a claim that could reach hundreds of millions of euros, reported Dutch television sender RTL. (Fri, 23 Nov 2007 16:51:29 GMT)

Ahold shareholders take Deloitte to court over 2003 accounting scandal - UPDATE
AMSTERDAM (Thomson Financial) - Royal Ahold NV ( Nachrichten / Aktienkurs ) shareholders who got hit by the food giant's accounting scandal in 2003 are taking accountancy firm Deloitte to court in a damages claim that could reach hundreds of millions of euros, the shareholders said as a group in a press release. (Fri, 23 Nov 2007 16:52:39 GMT)

(AFX UK Focus) 2007-11-23 16:40 GMT: Ahold shareholders take Deloitte to court over 2003 accounting scandal - UPDATE
AMSTERDAM (Thomson Financial) - Royal Ahold NV shareholders who got hit by the food giant's accounting scandal in 2003 are taking accountancy firm Deloitte to court in a damages claim that could reach hundreds of millions of euros, the shareholders said as a group in a press release. (Fri, 23 Nov 2007 17:06:58 GMT)

Netherlands: Akzo Offers to Sell Assets
Akzo, a Dutch company, has proposed disposing of most of its decorative coatings business in Britain and Ireland and its De Keyn brand in Belgium, a company spokesman said. Akzo’s decorative coatings business is its largest division, accounting for more than a third of sales last year. (Sat, 24 Nov 2007 07:41:13 GMT)

Football stars
Division 1 Terrel Walker, Taunton - In a 28-22 win over Coyle-Cassidy, Walker propelled the Tigers with rushing touchdowns in every quarter. He finished with scoring runs of 7, 50, 50, and 69 yards, accounting for all of Taunton's scores. (Sat, 24 Nov 2007 09:12:37 GMT)

Qwest, retirement fund settle for $15.5 million
Denver- The Colorado Public Employees Retirement Association has reached a $15.5 million settlement with Qwest Communications International stemming from the company's accounting scandal. (Sat, 24 Nov 2007 10:01:48 GMT)

Accounting Position
ACCOUNTING POSITION: Full-time Accounting Assistant position with benefits, 401(k) and comparable pay. Requires an Associates Degree in Accounting with 3 years experience or equivalent bookkeeping experience. (Sat, 24 Nov 2007 21:14:56 GMT)

Fujitsu reports big quarterly loss
TOKYO — Japanese electronics company Fujitsu reported a 62 percent drop in profit for the July-September quarter as accounting changes and a heavier tax burden in Great Britain chipped away at (Sun, 25 Nov 2007 11:06:25 GMT)

Executive moves
Executives in accounting, advertising, finance, high tech and new media, law and real estate have all found new digs. Check out the new faces in key places. (Sun, 25 Nov 2007 12:10:13 GMT)

China driving growth of global digital TV: Report
Washington, Nov 25 (ANI): A new report has predicted that global digital television is being driven by China, accounting for a quarter of all digital TV households by 2012. According to figures published by Informa Telecoms and Media in its Global Digital TV report, more than 264 million digital homes will be added between the end of 2007 and the end of 2012, more than double the current ... (Sun, 25 Nov 2007 12:16:08 GMT)

Living space to outer space: Poly grads’ far-flung success
F or these six Cal Poly alumni, success meant giving up the Central Coast lifestyle to pursue their chosen career paths. Working in industries as varied as accounting, interior design and deep space exploration, each took time to reflect on how their education contributed to their success. They also offered business advice to others striving for success, no matter what their business. Gary ... (Sun, 25 Nov 2007 15:04:16 GMT)

Banker gained experience at accounting firm
A client relationship led Nancy Davis, the CFO of Stock Yards Bank & Trust Co., to leave public accounting for private industry. (Mon, 26 Nov 2007 05:04:32 GMT)

Moving to international accounting standards
U.S.-based companies have followed uniquely American reporting standards when compiling their balance sheets and financial statements. But that could soon change. (Mon, 26 Nov 2007 05:05:12 GMT)

Veteran accounting executives look ahead at the trends shaping the medical back office
In Nashville, health care is a $74 billion industry and few know the financial side of the business better than Lucy Carter and Sara Lankford CPAs. The two have worked as partners for 25 years. In health care circles across the state, region and country, Carter Lankford CPAs is held in high regard. The Business Journal asked the duo to describe the top trends they are seeing on the financial ... (Mon, 26 Nov 2007 05:40:30 GMT)

26-11-2007: Public companies accounting board to be active early next year
PENANG: The Public Companies Accounting Oversight Board , an initiative under the auspices of the Securities Commission (SC) to monitor the performance of auditors in public companies, is expected to be active by early next year. (Mon, 26 Nov 2007 06:31:49 GMT)

Indians top suicide list of expats in Saudi
Suicide cases among foreign workers in Saudi Arabia are on the increase, with Indians accounting for over 40 per cent of the incidents, health ministry said. As many as 203 Indian workers were among the 266 who took their lives last year, the health ministry report said, adding nearly 295 foreigners were murdered during the same period. Expatriates accounted for 77 per cent of suicides in the ... (Mon, 26 Nov 2007 09:23:38 GMT)

NetManage's OnWeb Solves Time-Consuming Accounting Process for Toledo Molding & Die, Inc.
CUPERTINO, Calif., Nov. 26, 2007 -- NetManage, Inc. , a software company that provides the fastest way to transform legacy applications into new Web-based business solutions, today announced that Toledo Molding & Die, Inc., a full service automotive supplier, has selected NetManage's OnWeb solution to automate its weekly three-way match accounting process of receipts, purchase orders and ... (Mon, 26 Nov 2007 13:00:00 GMT)

Transtelecom boosts sales revenue 40% to 14.7 bln rubles in 9 mths
MOSCOW. Nov. 26. (Interfax) - CJSC Transtelecom (TTC) increased consolidated sales revenue in January-September 2007 according to Russian accounting standards 40% year-on-year to 14.7 billion rubles, the company said in a statement. (Mon, 26 Nov 2007 13:38:29 GMT)

Lyquidity Partners with Spreadsheet Detective to Enhance Complyxl Enterprise for Spreadsheet ...
New York, London, June 2007 - Lyquidity Solutions, specialists in the control, management and compliance of Excel spreadsheets, and providers of business critical solutions for regulatory and accounting issues, today announced their partnership with The Spreadsheet Detective. Spreadsheet Detective is a leading tool for the audit and documentation of Microsoft Excel spreadsheets which is used by ... (Mon, 26 Nov 2007 14:01:08 GMT)

Foreign investment in Myanmar dominated by oil and gas, power sectors
Foreign investment in Myanmar's oil and gas sector reached a record high of more than US$470 million (almost €320 million) in fiscal year 2006-07, accounting for more than 60 percent of the total, according to newly-released government statistics. (Mon, 26 Nov 2007 14:08:00 GMT)

Kershaw, Cutter & Ratinoff Files Complaint Against Nation's Number Five Accounting Firm For Violations of Overtime Laws
SACRAMENTO, Calif.----Last week, Kershaw, Cutter & Ratinoff filed a class action complaint against the nation's fifth largest accounting firm, BDO Seidman, that seeks to recover millions of dollars in overtime pay for its past and present associate accountants. (Mon, 26 Nov 2007 18:31:00 GMT)

Kershaw, Cutter & Ratinoff Files Complaint against Nation's Number Five Accounting Firm for Violations of Overtime Laws
Last week, Kershaw, Cutter & Ratinoff (“KCR”) filed a class action complaint against the nation’s fifth largest accounting firm, BDO Seidman, that seeks to recover millions of dollars in overtime pay for its past and present associate accountants. (PRWeb Nov 26, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/ (Mon, 26 Nov 2007 19:18:05 GMT)

Second ex-Brocade exec goes on trial over options accounting
Backdating 2: Electric Boogaloo The trial of the second former Brocade executive charged with stock option backdating opened today in San Francisco with prosecutors painting Stephanie Jensen as a key enforcer of the data storage equipment maker's accounting irregularities .… (Tue, 27 Nov 2007 03:20:12 GMT)

600 jobs to be cut at KC Defense Finance and Accounting offices
More than 600 jobs are to be eliminated at Defense Finance and Accounting Service facilities in Kansas City. (Tue, 27 Nov 2007 04:36:47 GMT)

Physicians Accounting, Ltd Selects Orion Health's Rhapsody Integration Engine to Maximize Accurate, Effective Medical ...
Billing services company Physician's Accounting, Ltd. will be able to process more claims and ensure a higher rate of accuracy and reliability using Orion Health's Rhapsody Integration Engine. (Tue, 27 Nov 2007 07:01:00 GMT)

BYU accounting teams win top awards at tax competition
Accounting students from the BYU Marriott School of Management received top honors in national competition - the Deloitte Foundation's Tax Case Study Finals. (Tue, 27 Nov 2007 07:11:07 GMT)

BYU accounting schools again ranked near top
Brigham Young University's undergraduate and graduate accounting programs are ranked second in the Public Accounting Report's Annual Survey of Accounting Professors. (Tue, 27 Nov 2007 07:29:50 GMT)

Delphi accounting fraud probe ends
The U.S. Justice Department has decided not to prosecute nine former Delphi Corp. executives after investigating allegations of accounting fraud at the Troy-based auto supplier, the department said in a letter to a federal judge last week. (Tue, 27 Nov 2007 08:34:16 GMT)

EU's McCreevy Calls For Acceptance Of US Accounting Rules
BRUSSELS -(Dow Jones)- Europe should allow U.S. companies listed on European stock markets to file their accounts under U.S. Generally Accepted Accounting Principles, the E.U.'s Internal Market chief said Tuesday. (Tue, 27 Nov 2007 15:57:25 GMT)

MYOB US Announces Premier Accounting 2008
ROCKAWAY, N.J.----MYOB US today announced the immediate availability of the latest version of MYOB Premier Accounting 2008, their complete small business management and accounting software application for Windows. (Tue, 27 Nov 2007 17:27:00 GMT)

MYOB US Announces Premier Accounting 2008
MYOB US today announced the immediate availability of the latest version of MYOB Premier Accounting 2008, their complete small business management and accounting software application for Windows. (Tue, 27 Nov 2007 17:37:58 GMT)

Study calls for better accounting practices from cities
A public policy group is calling for better accounting practices from Winnipeg and several other Canadian Cities. (Tue, 27 Nov 2007 17:56:23 GMT)

Mexico to end to 'inflation accounting'
A 24-year-old rule requiring that financial results be adjusted for inflation ends after this quarter, with Mexico in a sixth year of price increases of less than 6 percent. (Wed, 28 Nov 2007 06:51:58 GMT)

EU to accept U.S. accounting standards
American companies with stocks listed in the European Union will be able to continue using their home country's Generally Accepted Accounting Principles, saving them billions of dollars. (Wed, 28 Nov 2007 06:52:08 GMT)

Ajilon Finance Releases 2008 Finance & Accounting Salary Guide
SADDLE BROOK, N.J.----The accounting profession is currently experiencing a unique paradox where a low supply of talent is meeting very high demand for skilled workers. Winning and retaining top talent is always a concern for employers, however, when CFOs and comptrollers take a look at talent forecasts for their industry, it is obvious that efforts to retain staff will need to be more ... (Wed, 28 Nov 2007 14:00:00 GMT)

Fuwei Films names Kabani & Co. independent accounting firm
BOSTON (Thomson Financial) - Fuwei Films Holdings Co. ( Nachrichten ) said it named Kabani&Co. as its independent accounting firm, effective Nov. 22. One of Kabani&Co.'s first duties will be to conduct a review of Fuwei's third-quarter financial results, the company said. (Wed, 28 Nov 2007 14:54:18 GMT)

(AFX UK Focus) 2007-11-28 14:42 GMT: Fuwei Films names Kabani & Co. independent accounting firm
BOSTON (Thomson Financial) - Fuwei Films Holdings Co. said it named Kabani & Co. as its independent accounting firm, effective Nov. 22. (Wed, 28 Nov 2007 15:06:14 GMT)

IKB not to publish H1 results tomorrow as planned due to accounting changes
FRANKFURT (Thomson Financial) - IKB Deutsche Industriebank AG ( Nachrichten / Aktienkurs ) said it will not publish its first-half year results tomorrow as planned due to some accounting changes, particularly in the first-time inclusion of an off-balance sheet conduit adversely hit by the US subprime crisis. (Thu, 29 Nov 2007 07:37:48 GMT)

IKB Delays Half-Year Results on Accounting Changes (Update1)
Nov. 29 (Bloomberg) -- IKB Deutsche Industriebank AG, bailed out by Germany's KfW Group over subprime losses, said it will postpone publication of fiscal half-year results for a second time to include Rhineland Funding Capital Corp. into its accounts. (Thu, 29 Nov 2007 09:19:52 GMT)

SEC STAFF RELEASES ACCOUNTING BULLETIN FOR WRITTEN LOAN COMMITMENTS RECORDED AT FAIR VALUE UNDER GAAP
The Securities and Exchange Commission's Office of the Chief Accountant and Division of Corporation Finance has announced the release of Staff Accounting Bulletin (SAB) No. 109, "Written Loan Commitments Recorded at Fair Value Through Earnings." (Thu, 29 Nov 2007 11:47:42 GMT)

Geneva(R) Delivers Robust Operations and Accounting Platform to Caledonian Global Fund Services
Advent Software, Inc., the leading provider of software and solutions for the investment management industry, today announced that Caledonian Global Fund Services is reaping the benefits of using Geneva®, Advent's leading portfolio management and fund accounting solution, to support their global operations. Based on the Isle of Man, Caledonian provides administrative and accounting services to ... (Thu, 29 Nov 2007 14:15:00 GMT)

National Vehicle Leasing Association Announces Executive Level Training Program Dates on Lease Accounting
ORLANDO, Fla.----The National Vehicle Leasing Association announced that its Certified Vehicle Lease Executive training program course in Vehicle Lease Accounting will be held December 13th - 16th, 2007 in Orlando Florida at the Four Points Sheraton Studio City. (Thu, 29 Nov 2007 14:25:00 GMT)

Accounting program gains national rank
The Public Accounting Report, an independent newsletter of the accounting profession, ranked two of Florida State University's accounting programs within the top 25 in the nation. (Thu, 29 Nov 2007 14:35:33 GMT)

Ulticom Provides Updates to Previously Announced Accounting Restatement Process and Expected Restatement Adjustments
Ulticom, Inc. today provided an update to its previously announced accounting restatement process and expected restatement adjustments. The Audit Committee of the Company's Board of Directors has completed its investigation into certain historical stock option grant practices, which was originally announced in March 2006, and certain historical accounting practices not related to stock options, ... (Thu, 29 Nov 2007 22:46:00 GMT)

Giuliani denies accounting wrongdoing
Republican presidential hopeful Rudy Giuliani denies any wrongdoing regarding accounting of security expenses for trips he took while mayor of New York. Giuliani questioned the timing of reports calling attention to records that include at least $34,000 i... (Fri, 30 Nov 2007 01:00:17 GMT)

StockTrack Shareholder Accounting Software Now with DTC FAST Integration
Figtree Software released Version 11.0 of StockTrack Shareholder Accounting software with DTC FAST Integration today. StockTrack, first released in 1989, supports issuance and transfer of stock, printing of stock certificates, dividends -- including direct deposit (ACH), proxy, splits, and all related reporting. It is in use by stock transfer agents and self issuers, such as community banks, ... (Fri, 30 Nov 2007 08:09:21 GMT)

Accounting irregularities could hurt Van Wert County
VAN WERT, Ohio — State Auditor Mary Taylor said accounting irregularities discovered in a recent audit of Van Wert County could affect the county’s ability to get federal funding. (Fri, 30 Nov 2007 10:53:55 GMT)

Giuliani Denies Inappropriate Accounting
Republican presidential candidate Rudy Giuliani refutes a news story that while mayor of New York City he used unorthodox accounting practices to hide an extramarital affair. Expenses were billed to obscure city agencies, like the department that regulates loft spaces. (Fri, 30 Nov 2007 14:17:52 GMT)

Giuliani Denies Inappropriate Accounting
Morning Edition , November 30, 2007 · Republican presidential candidate Rudy Giuliani refutes a news story that while mayor of New York City he used unorthodox accounting practices to hide an extramarital affair. (Fri, 30 Nov 2007 14:26:00 GMT)

UK Internet sales up 29 percent in 2006
The value of U.K. Internet sales rose 29 percent in 2006 compared with the previous year, accounting for 6.5 percent of all nonfinancial sales, the government reported Friday. (Fri, 30 Nov 2007 14:40:13 GMT)

Astrata Group Names Windes & McClaughry as Its New Independent Registered Public Accounting Firm
Astrata Group announced today that the company has named Windes & McClaughry, Irvine, CA, as the company's independent registered public accounting firm. (Fri, 30 Nov 2007 15:08:00 GMT)

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