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Sunrise Senior Living Finds Accounting Abuses (Update1)
Dec. 20 (Bloomberg) -- Sunrise Senior Living Inc., the manager of 454 retirement communities, severed ties with President Thomas Newell and two other senior executives after an internal investigation found accounting improprieties. (Thu, 20 Dec 2007 17:09:14 GMT)

Paychex Launches Online Resource Center for Accounting Professionals
ROCHESTER, N.Y.----As part of its ongoing commitment to the accounting community, Paychex, Inc., a leading provider of payroll and human resource services, has launched the Paychex Accountant Knowledge Center, an online resource center available on the accounting portal of www.paychex.com. (Thu, 20 Dec 2007 19:15:00 GMT)

Sunrise executives depart after accounting errors
Sunrise Senior Living said its president and two other top executives are out after an investigation for inappropriate accounting. (SRZ) (Thu, 20 Dec 2007 19:25:14 GMT)

Paychex Launches Online Resource Center for Accounting Professionals
As part of its ongoing commitment to the accounting community, Paychex, Inc., a leading provider of (Thu, 20 Dec 2007 19:27:48 GMT)

Survey: Accounting, finance salaries on the rise
Many accounting and finance professionals will have something to smile about when the new year arrives, according to a job-growth survey. (RHI) (Fri, 21 Dec 2007 16:33:32 GMT)

Three accounting firms merge
Three of the Palmetto State’s oldest accounting firms are joining forces in a merger that’s been under negotiation for a year. McKnight Frampton CPAs LLC and Schleeter Monsen & Debacker LLP are merging with Elliott Davis LLC, effective Jan. 1, 2008, the three firms recently announced. (Fri, 21 Dec 2007 18:13:43 GMT)

Justice Dept. joins SEC in investigation into Diebold accounting
NORTH CANTON, Ohio (AP) - Another federal agency is looking into the accounting practices of automated teller machine-maker Diebold. North Canton-based Diebold says the Department of Justice will conduct an investigation alongside the Securities and Exchange Commission. (Fri, 21 Dec 2007 22:16:22 GMT)

LeapFrog Appoints Mark Etnyre Vice President, Corporate Controller and Principal Accounting Officer
LeapFrog Enterprises, Inc. , a leading developer of technology-based learning products, today announced the appointment of Mark A. Etnyre as vice president, corporate controller and principal accounting officer. (Fri, 21 Dec 2007 22:30:00 GMT)

Punish errant accounting officers, MP urges Minist
THE Ministry of Finance should punish accounting officers who fail to submit their annual returns on time, the House of Assembly heard yesterday. (Sat, 22 Dec 2007 19:41:28 GMT)

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The gift of a child - Fostering at Christmas
"Shanay adds joy to the household. We love her, she loves us, and the bond with the family could not be stronger," says a smiling Monica Gilbert, an accounting clerk, as she shares her joy with The Sunday Gleaner in the comfort of her living room. (Sun, 23 Dec 2007 07:31:41 GMT)

Torrington prepares for forensic audit
Torrington officials have started searching for an accounting firm to conduct a forensic audit of Tax Collector R. Thomas Crovo's office. (Sun, 23 Dec 2007 10:41:28 GMT)

Business People
ENERGY Fellon-McCord & Associates, a Constellation Energy company, has named Chris Cullum and Chris DeBiase analyst I in application development. It has promoted Gail Linton to accounting associate, Katie Dawson to operations coordinator and Shelley Redding to gas analyst. REAL ESTATE Wakefield Reutlinger and Co. Realtors has named real estate agents Sharon Tryon, Ceré Collins and David Walker ... (Sun, 23 Dec 2007 11:10:11 GMT)

SOX regulations raise bar for employers
While the Sarbanes-Oxley accounting rules have had obvious effects on the public companies they were designed to regulate, the rules are also responsible for amplifying competition for employees in the already sparse accounting field. To compete, accounting firms say they have pulled out the stops -- and have been forced to become better employers in the process. (Mon, 24 Dec 2007 05:05:55 GMT)

Hood & Strong moves into Transbay neighborhood
After 90 years in San Francisco, accounting firm Hood & Strong LLP is going through a growth spurt. (Mon, 24 Dec 2007 06:26:44 GMT)

Parking ticket scofflaws, beware
Mobile has more than 28,000 unpaid parking tickets accounting for more than $1 million, and Mayor Sam Jones said he plans to collect. (Mon, 24 Dec 2007 10:19:00 GMT)

Program eases college access
UC is offering courses through the Accounting and Credibility Together center (ACT) downtown, a welfare-diversion program. (Mon, 24 Dec 2007 10:34:17 GMT)

Job of the Day: Accountant
The Accountant II reports to the Associate Director of Accounting and is responsible for the application of advanced accounting knowledge necessary in the preparation of a variety of complex financial reports and statements. (Mon, 24 Dec 2007 11:41:12 GMT)

9/11 airport security pariah tries a comeback
He was the perfect villain. That's the way Frank A. Argenbright Jr. — starched, coiffed and rich – saw it then, and it's the way he sees it now. Firefighters were digging through the rubble of Ground Zero and a terrorized nation was demanding an accounting when the focus turned to Argenbright Security, the gigantic airport company the Atlanta businessman founded. Six years ago, Argenbright was a ... (Mon, 24 Dec 2007 12:15:09 GMT)

South Africa: Accounting Project a Hit Among Firms
FIRMS are said to be "lining up" to take on trainees following a successful project that has enabled small- and medium-sized accounting firms to participate in transforming the sector, says the finance sector's education and training authority. (Mon, 24 Dec 2007 13:07:58 GMT)

Movers: Companies in the news
McAfee, a major maker of security software, restated 10 years of results by $137.4 million to correct errors in stock-option accounting, bringing its statements up to date with U.S. regulators. (Mon, 24 Dec 2007 13:32:57 GMT)

IASB FOUNDATION AMENDS CONSTITUTION TO EXPAND THE PRACTICAL EXPERIENCE OF ITS INTERPRETATIONS COMMITTEE
The Trustees of the International Accounting Standards Committee (IASC) Foundation, the oversight body of the International Accounting Standards Board (IASB), has published amendments to the Foundation’s Constitution reflecting their wish that the membership of the International Financial Reporting Interpretations Committee (IFRIC) should have greater diversity of practical experience. (Mon, 24 Dec 2007 15:17:42 GMT)

McAfee posts $137M in added charges
Computer security company records charges due to stock option accounting errors; delays buyback of shares until '08. (Mon, 24 Dec 2007 17:10:34 GMT)

People in Business
Public accounting and consulting firm Crowe Chizek and Co. LLC has announced appointments in its Nashville office: (Tue, 25 Dec 2007 08:13:07 GMT)

Tokyo threatens to delist Sanyo over accounting
Troubled Japanese electronics manufacturer Sanyo Electric was Tuesday threatened with delisting from the Tokyo Stock Exchange as it revised six years of earnings reports. (Tue, 25 Dec 2007 08:56:00 GMT)

Tokyo threatens to delist Sanyo over accounting
Japanese businessmen walk past an advertisement board of Japanese electronics giant Sanyo Electric in Tokyo, in May. Troubled Japanese electronics manufacturer was Tuesday threatened with delisting from the Tokyo Stock Exchange as it revised six years of earnings reports. (Tue, 25 Dec 2007 09:20:46 GMT)

McAfee restates earnings over options error
McAfee Inc., the second-largest maker of security software, advanced in New York trading after restating results by $137.4 million to correct stock-option accounting errors. (Tue, 25 Dec 2007 11:17:06 GMT)

Tokyo threatens to delist Sanyo over accounting
Troubled Japanese electronics manufacturer Sanyo Electric was Tuesday threatened with delisting from the Tokyo Stock Exchange after it corrected six years of earnings reports. (Tue, 25 Dec 2007 12:38:42 GMT)

Sanyo amends earnings since 2000 to show bigger losses, securities watchdog urges penalty
Sanyo Electric Co. said Tuesday it is amending earnings reports dating back to 2000 to record greater losses, inviting calls by regulators to fine the company for several years of accounting irregularities. (Tue, 25 Dec 2007 12:55:00 GMT)

Sanyo amends earnings to 2000, books losses
Japan's regulators may fine company after it says it made errors in accounting rules - denies wrongdoing. (Tue, 25 Dec 2007 15:10:38 GMT)

Tokyo threatens to delist Sanyo over accounting
Troubled Japanese electronics manufacturer Sanyo Electric was yesterday threatened with delisting from the Tokyo Stock Exchange after it corrected six years of earnings reports. (Wed, 26 Dec 2007 06:27:47 GMT)

Japan doubts NKorea will meet nuclear deadline: official
Japan does not expect North Korea to meet a year-end deadline to declare its nuclear programmes but wants a full accounting once it does, an official said Wednesday. (Wed, 26 Dec 2007 08:09:10 GMT)

Japan Doubts N Korea Will Meet Nuclear Deadline:Official -AFP
TOKYO (AFP)--Japan does not expect North Korea to meet a year-end deadline to declare its nuclear programs but wants a full accounting once it does, an official said Wednesday. (Wed, 26 Dec 2007 08:26:56 GMT)

Wise outsourcing has more benefits than just saving money
Outsourcing - the practice of using outside firms to handle work normally performed within a company - is a familiar concept to many entrepreneurs. Small companies routinely outsource their payroll processing, accounting, distribution and many other important... (Wed, 26 Dec 2007 08:37:58 GMT)

N Korea unlikely to meet nuclear deadline: Japan
Japan does not expect North Korea to meet a year-end deadline to declare its nuclear programmes but wants a full accounting once it does, an official said on Wednesday. The communist state was given until the end of 2007 to disable and declare all its nuclear programmes in the next stage of a six-nation aid-for-disarmament deal reached with Pyongyang earlier this year. A senior Japanese foreign ... (Wed, 26 Dec 2007 11:34:51 GMT)

Applause
Ron Reed, professor of accounting at the University of Northern Colorado's Monfort College of Business, was honored as an "everyday hero" by the Colorado Society of Certified Public Accountants, or CSCPA. He was cited for his dedication to his students, his enthusiasm and his efforts to give back to the accounting profession. A profile by the CSCPA noted, "His enthusiasm is infectious. A ... (Wed, 26 Dec 2007 12:05:48 GMT)

Surge working, for now
No one can debate now that violence in Iraq has declined. An accounting for the month of November found that just more than 700 Iraqis were killed, compared to 2,155 last May before President Bush's troop escalation began in earnest. (Wed, 26 Dec 2007 15:00:51 GMT)

Research Identifies High-Demand Accounting and Finance Positions
Dec. 26, 2007 (SmartPros) Many accounting and finance professionals will have something to smile about when the new year arrives -- especially those pursuing opportunities in the hottest specialties. Robert Half International recently spotlighted five jobs positioned for growth in the upcoming year. (Wed, 26 Dec 2007 16:59:43 GMT)

Cobell: Accounting fiasco result of government myth-weaving
Something dramatic and important has happened in the class action lawsuit I filed 11 years ago over the government's admitted mismanagement of the Indian Trust. (Wed, 26 Dec 2007 18:20:32 GMT)

Sanyo threatened with delisting in accounting scandal
Sanyo saw its shares lose more than 10% of their value yesterday when Japan's stockmarket regulator threatened the business with delisting from the Tokyo stock exchange after the electronics group admitted that it has been adding up its figures incorrectly since 2000 (Wed, 26 Dec 2007 23:47:21 GMT)

Accounting error at Sanyo triggers delisting threat from TSE
Shares in Sanyo Electric, the struggling Japanese electronics maker, fell nearly 11 per cent after the Tokyo Stock Exchange put the company on a watch list for possible delisting. (Thu, 27 Dec 2007 02:23:06 GMT)

McAfee Fixes Past Stock Option Accounting Errors
The company recorded an additional $137.4 million of pre-tax, noncash stock based compensation charges dating from 1995 through 2005 to its books. (Thu, 27 Dec 2007 06:25:40 GMT)

Nigeria: FG to Embark On Massive Campaign Against Mosquitoes
With malaria accounting for 50 percent of prevalence of diseases ravaging the country, the Federal Government is embarking on a massive campaign against mosquitoes with a view to eliminating malaria out of the country by 2020. (Thu, 27 Dec 2007 09:06:26 GMT)

People on the move: Dec. 27
Bertha Minnihan Mohler, Nixon and Williams The Campbell accounting firm appointed Bertha Minnihan partner; she will be working at the firm's San Francisco office. (Thu, 27 Dec 2007 10:12:57 GMT)

Muna quits Budget post
Budget official Antonio Muna resigned effective last Friday, but will stay on as a financial adviser to the governor. Muna, the governor's special assistant for management and budget, said he will return to private practice. He is a partner at Sine & Muna Accounting and Tax Services. (Thu, 27 Dec 2007 14:00:41 GMT)

H&R Block 2Q Losses Soar
H&R Block Inc., the nation's largest tax preparer, said in a preliminary earnings report Tuesday that it expected a huge second-quarter loss as it continued to wrestle with its disintegrating mortgage arm.In a securities filing, the company said it was submitting its quarterly report late, citing a decision earlier this fall to change accounting firms. (Thu, 27 Dec 2007 15:07:36 GMT)

Accounting grads rank among best
SIUE accounting graduates recently placed very high on the CPA exam. The results are in and SIUE's accounting graduates ranked second among the 12 state universities in Illinois for CPA exam pass rates in 2006. (Thu, 27 Dec 2007 18:51:15 GMT)

Accounting changes to set new tone
The adoption of International Accounting Standard 39, which governs accounting for financial instruments, has had a sweeping impact on Thai financial institutions. (Thu, 27 Dec 2007 19:07:42 GMT)

Accounting firms to merge
The local accounting firm of Snodgrass, Dunlap and Company is merging with Jarred, Gilmore & Phillips P.A. of Chanute. The merger becomes effective Tuesday, Andy Dunlap told the Register. (Thu, 27 Dec 2007 19:22:27 GMT)

Delphi accounting suit will be settled
Tribune Chronicle Deloitte & Touche LLP has agreed to pay $38.25 million to settle an investor lawsuit over alleged accounting improprieties at... (Fri, 28 Dec 2007 05:03:13 GMT)

Delphi accounting suit will be settled
Deloitte & Touche LLP has agreed to pay $38.25 million to settle an investor lawsuit over alleged accounting improprieties at bankrupt auto parts maker Delphi Corp., the Reuters news service reported Thursday, citing plaintiffs’ lawyers. (Fri, 28 Dec 2007 05:14:45 GMT)

Promoting Accounting Education: IMA Signs Cooperative Agreement with NAF
Dec. 28, 2007 (SmartPros) In its quest for furthering management accounting education, IMA has announced the signing of a national cooperative agreement with the National Academy Foundation (NAF), a 501 (c)3 nonprofit organization. (Fri, 28 Dec 2007 06:15:13 GMT)

Samsung suspected for accounting fraud
AccountancyAge.com, Accountancy Age , Friday 28 December 2007 at 00:00:00 A Korean prosecution team has found accounting irregularitieds in Samsung's books A Korean prosecution team is sustpecting Samsung Heavy Industries of large-scale accounting fraud, according to the findings from an investigation into the group's alleged slush fund creation.... > Read the full article ... (Fri, 28 Dec 2007 08:00:32 GMT)

Samsung suspected for accounting fraud
A Korean prosecution team is sustpecting Samsung Heavy Industries of large-scale accounting fraud, according to the findings from an investigation into the group’s alleged slush fund creation. (Fri, 28 Dec 2007 08:44:07 GMT)

Samsung suspected for accounting fraud
AccountancyAge.com, Accountancy Age , Friday 28 December 2007 at 00:00:00 A Korean prosecution team has found accounting irregularitieds in Samsung'sbooks A Korean prosecution team is sustpecting Samsung Heavy Industries of large-scale accounting fraud, according to the findings from an investigation into the group's alleged slush fund creation.... (Fri, 28 Dec 2007 08:56:26 GMT)

Shaw Group Says SEC Probe Into Accounting Practices Ended With No Expected Enforcement Action
BATON ROUGE, La. (AP) - The Shaw Group Inc., an engineering and construction services company, said Friday a probe into the company's accounting practices by the Securities and Exchange Commission has ended. (Fri, 28 Dec 2007 15:25:09 GMT)

Cardinal State Bank rides accounting move to 3Q profit
A one-time accounting gain helped Cardinal State Bank boost profit in the third quarter despite underlying weakness in the business, it said Friday. (Fri, 28 Dec 2007 17:13:53 GMT)

State audit highly critical of Accord Fire District accounting
Albany – The Accord Fire district in the Town of Rochester had poor internal controls over cash receipts and disbursements and purchasing was not appropriately designed and not operating effectively, a report from the state comptroller’s office said. (Sun, 30 Dec 2007 03:13:29 GMT)

Denton congratulations
The Denton County Transportation Authority recently welcomed four new staff members: Leslee Bachus, administrative assistant; Kristina Brevard, marketing assistant; Kris Hall, accounting specialist; and Bena Qureshi, accountant. (Sun, 30 Dec 2007 08:49:09 GMT)

E. Coventry audit shows poor accounting
EAST COVENTRY — A review of a long-delayed financial audit shows a township deficient in several areas of basic accounting. Written policies on conflicts of interest, disaster recovery and job descriptions are also lacking, according to Barbacane, Thornton & Co. of Media. (Sun, 30 Dec 2007 12:13:58 GMT)

Deloitte Agrees to Pay $38 Million to Ex-Delphi Investors
Dec. 31, 2007 (Associated Press) DETROIT - The accounting company Deloitte & Touche has agreed to pay $38.25 million as part of a $325 million settlement of investor claims of misconduct by Delphi Corp. and those that oversaw its finances, it was announced Thursday. (Sun, 30 Dec 2007 23:15:06 GMT)

IASC in search for two more IFRIC members
The trustees of the International Accounting Standards Committee (IASC) foundation will start searching for two new members of the International Financial Reporting Interpretations Committee (IFRIC) shortly, following amendments to the foundation’s constitution. (Mon, 31 Dec 2007 05:13:37 GMT)

IASC in search for two more IFRIC members
AccountancyAge.com, Accountancy Age , Monday 31 December 2007 at 00:00:00 The IASC trustees will start a search for two new IFRC members after changesto constitution The trustees of the International Accounting Standards Committee (IASC) foundation will start searching for two new members of the International Financial Reporting Interpretations Committee (IFRIC) shortly, following amendments to ... (Mon, 31 Dec 2007 05:21:22 GMT)

N. Korea set to miss nuclear deadline
North Korea appears set to miss a deadline for its plans to dismantle its nuclear program.The communist country promised to disable its main nuclear reactor at Yongbyon, north of Pyongyang, and to give a full accounting of its nuclear activities by December 31, in return for energy aid and political concessions. (Mon, 31 Dec 2007 08:34:50 GMT)

Trouble turns up in city golf audit
An internal city audit describes Bowling Green’s public golf courses as rife with lax accounting, probably leaking tens of thousands of dollars from the money-losing program. (Mon, 31 Dec 2007 10:17:22 GMT)

DOUBLE ENTRIES 13.45
Advert Cass Business School, London, offers the widest range of Specialist Masters courses in Europe. Find out more about our International Accounting and Finance MSc and our full range of part-time and full-time finance MScs. All courses are backed by world-class teaching, research and resources. (Mon, 31 Dec 2007 10:32:21 GMT)

LOOKING IN ON: CITY HALL
Year's end is accounting time - time to tally the bills and receipts, make restitution or extend payment plans. At City Hall a new dawn will break for employees with taxpayer-funded cell phones and personal digital assistants, also known as PDAs, or more commonly BlackBerrys. (Mon, 31 Dec 2007 10:32:33 GMT)

State audit highly critical of Accord Fire District accounting
Albany – The Accord Fire District in the Town of Rochester had poor internal controls over cash receipts and disbursements and purchasing was not appropriately designed and not operating effectively, a report from the state comptroller’s office said. (Mon, 31 Dec 2007 11:00:13 GMT)

Devon Energy VP Exercises Options
The vice president of accounting of oil and gas producer Devon Energy Corp. exercised options for 5,500 shares of common stock, according to a Securities and Exchange Commission filing. (Mon, 31 Dec 2007 16:53:11 GMT)

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