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Federal judge rules United States botched trust accounting
WASHINGTON (AP) - A federal judge ruled that the Interior Department has ''unreasonably delayed'' its accounting for billions of dollars owed to Indian landholders Jan. 30. (Fri, 01 Feb 2008 05:02:03 GMT)

Nissan Q3 up on sales gains, accounting change
TOKYO, Feb 1 - Nissan Motor Co , Japan's third-biggest automaker, reported a 16 percent rise in quarterly profit on Friday, helped by a recovery in sales and some accounting changes. (Fri, 01 Feb 2008 07:11:47 GMT)

Agency's poor accounting costly, audit says
POUGHKEEPSIE - An audit of the Dutchess County Department of Mental Hygiene by County Comptroller Diana Jablonski's office found the agency failed to secure $5.5 million in state revenues it was owed because of deficiencies in internal controls and accounting processes. (Fri, 01 Feb 2008 08:13:07 GMT)

French accounting regulator slams SocGen's monitoring methods
Penny Sukhraj, Accountancy Age , Friday 1 February 2008 at 00:00:00 Regulator says there is 'room for improvement' with the bank's monitoring systems France's accounting regulator, the Haut Conseil Du Commissariat aux Comptes, has criticised the quality of Société Générale's monitoring systems, saying the bank should 'improve' its methods.... > Read the full article ... (Fri, 01 Feb 2008 09:50:59 GMT)

UI Accounting Team Earns $10,000, Spot Among Five Finalists
Feb. 1, 2008 (The News-Gazette, Champaign-Urbana, Ill.) CHAMPAIGN -- Could you give a 12-minute presentation on whether a fictional country should stick with U.S. accounting standards or switch to international standards? (Fri, 01 Feb 2008 09:55:03 GMT)

(AFX UK Focus) 2008-02-01 13:23 GMT: Germany's Steinbrueck plans to introduce stricter accounting rules for banks
FRANKFURT (Thomson Financial) - As a consequence of the global credit crisis German Finance Minister Peer Steinbrueck wants to introduce stricter accounting standards for banks to prevent them from hiding risks off-balance, he said in an interview with Der Spiegel to be released Monday. (Fri, 01 Feb 2008 13:54:45 GMT)

CalSTRS Seeks Investment Accounting Consultant
SACRAMENTO, Calif.----The California State Teachers' Retirement System today launched a search for a consultant team to research, design and implement a best practice model for investment accounting and to provide appropriate training to CalSTRS employees in its operation. (Fri, 01 Feb 2008 14:01:00 GMT)

CalSTRS Seeks Investment Accounting Consultant
The California State Teachers' Retirement System (CalSTRS) today launched a search for a consultant team to research, design and implement a best practice model for investment accounting and to provide appropriate training to CalSTRS employees in its operation. (Fri, 01 Feb 2008 15:46:15 GMT)

SEC Chief: International Accounting On 2008 Agenda
WASHINGTON -(Dow Jones)- Securities and Exchange Commission Chairman Christopher Cox said Friday that he expects U.S regulators to consider devising a "roadmap" that could move U.S. firms from U.S. to international accounting. (Fri, 01 Feb 2008 16:50:54 GMT)

Hiring Numbers Look Good At Accounting Companies Despite Uncertain Economy
NEW YORK (Dow Jones)--While U.S. markets are getting squeezed, talk of recession continues, and Wall Street firms hand out pink slips by the hundreds, accounting firms are expected to buck the hiring trend. (Fri, 01 Feb 2008 17:38:04 GMT)

SEC Chief Wants International Accounting
Federal regulators should consider devising a "roadmap" to move U.S. companies toward international accounting practices, SEC Chairman Christopher Cox said Friday. (Fri, 01 Feb 2008 18:43:08 GMT)

Du Quoin Accounting Firm on Just-Passed Tax Law Changes
DU QUOIN - Just before departing for the holidays, Congress passed three new laws that include significant tax changes. According to Harold Emling of the accounting firm Emling & Hoffman of Du Quoin, here are the changes. (Fri, 01 Feb 2008 18:48:44 GMT)

Hiring Good at Accounting Firms
While U.S. markets are getting squeezed and Wall Street firms hand out pink slips by the hundreds, accounting firms are expected to buck the hiring trend. (Fri, 01 Feb 2008 19:30:08 GMT)

Drury Accounting Students Help with Taxes
Drury Accounting students help folks across the ozarks file 2007 taxes. (Sat, 02 Feb 2008 18:14:42 GMT)

Hispanics
ALBUQUERQUE -- Inside an accounting office-turned-volunteer hub in the southwestern part of this city, Evangeline Martinez-Donkersley made nearly 85 calls on behalf of Sen. Hillary Rodham Clinton. Sometimes in English, often in Spanish, the 70-year-old said, "Necesitamos su voto para Hillary... (Sun, 03 Feb 2008 07:54:06 GMT)

St. Bonaventure program offers free tax services
ALLEGANY — The St. Bonaventure Accounting Association and Students in Free Enterprise will man the St. Bonaventure University Volunteer Income Tax Assistance (VITA) program at the Olean Center Mall on weekdays from 10 a.m. to 8 p.m. until the April 15 filing deadline. (Sun, 03 Feb 2008 12:08:29 GMT)

Custom Professional Accounting's office moves location
MARION - The office of Custom Professional Accounting has moved to 1714 Marion-Waldo Road, Suite A, according to a news release. (Sun, 03 Feb 2008 13:33:01 GMT)

Firm says statements suspect
Tommy Hix and Jeff Shoup included financial statements signed by a North Myrtle Beach accounting firm and printed on that firm's letterhead to support their application for a $750,000 loan from a group of Arizona investors, according to documents obtained by The Sun News. (Sun, 03 Feb 2008 15:12:43 GMT)

Democrats strike gold in California
More than 20% of the money raised by the party's presidential candidates in '07 came from the state. The GOP hopefuls, about 10% of their national haul. California was by far the Democratic presidential candidates' most lucrative source of campaign money in 2007, accounting for more than 1 in 5 of the millions of dollars they raised, campaign finance reports show. (Mon, 04 Feb 2008 08:22:44 GMT)

Deltek Expands Reach Into Project Accounting Market Through New Channel Partnership With Software Link, Inc.
Deltek, Inc. (NASDAQ:PROJ), the leading provider of enterprise applications software for project-focused organizations, today announced that it has signed Atlanta, Georgia based Software Link, Inc. as a new business partner to expand the company's reach into the project accounting market. (Mon, 04 Feb 2008 13:23:38 GMT)

Kenya: Mid-Sized Audit Firms Take On the 'Big Four'
Just a few years ago, the dominance of the multinational accounting firms in Kenya seemed unshakeable. (Mon, 04 Feb 2008 13:27:52 GMT)

McCreevy and Cox honoured by EU/US business
Penny Sukhraj, Accountancy Age , Monday 4 February 2008 at 00:00:00 McCreevy says EU will continue to focus on accounting, auditing, reinsuranceand mutual recognition of securities and that existing files in the financialmarkets regulatory dialogue would not be affected by recent market turmoil Charlie McCreevy and Christopher Cox have been lauded with the prestigious Atlantic Leadership Award ... (Mon, 04 Feb 2008 13:30:35 GMT)

Simply Accounting by Sage Premium 2008 Prepares Students for Real World Accounting
Sage Software announced today the availability of Simply Accounting by Sage Premium 2008 - Education Version, which introduces real accounting to students at high schools and post-secondary educational institutions throughout Canada, and lays the foundation for preparing them for careers as accountants or bookkeepers. Released annually to more than 3,000 schools across Canada through the Simply ... (Mon, 04 Feb 2008 14:33:00 GMT)

Deltek to Provide Vision Software to Multi-Disciplinary Survey Engineering Company
Challenger Geomatics Ltd. to Switch to Deltek's Project-Based Accounting and Planning Software Herndon, VA (December 11, 2007) - Deltek, Inc. (NASDAQ: PROJ), the leading provider of enterprise applications software for project-focused organizations, today announced that Challenger Geomatics Ltd. has selected Deltek Vision to streamline its accounting and planning processes. The Western Canadian ... (Mon, 04 Feb 2008 14:52:09 GMT)

A day in the life of a tax preparer
DuBOIS - 'Tis the season for W-2s, 1040s, 1099s and a lot of aspirin because tax time is here again. Rob Spicher of RTS Accounting Service is one of many people who try to make the dreaded tax preparation a little easier. (Mon, 04 Feb 2008 14:55:50 GMT)

Thomson Tax & Accounting Launches OneSource Tax
Thomson Tax & Accounting, a segment of The Thomson Corporation , has released OneSource Tax, a portal interface designed to help corporate tax departments easily access tax tools, manage workflows, and track key information. (Mon, 04 Feb 2008 15:00:00 GMT)

Accounting and Consultancy
When you place a bet on a horse in a horse race, you know that you might lose your money. When your horse finishes nowhere, you might be disappointed, but you go into it with your eyes open and accept that there was always a risk that this might happen. (Mon, 04 Feb 2008 15:16:34 GMT)

Lipscomb accounting professor named to national Auditing Standards Board
Charles Frasier, professor and department chair of accounting at Lipscomb, is the newest member appointed to the Auditing Standards Board (ASB), a national committee devoted to setting auditing standards for private and independent companies. (Mon, 04 Feb 2008 15:53:27 GMT)

SDD Completes Deployment of Call Accounting Software as a Service (SaaS) for Hilton UK and Ireland Properties
Hilton Hotels has transformed its approach to delivering telephone accounting and call logging software. Hilton now provides call accounting capabilities to its UK and Ireland hotel managers as a centrally-hosted software service using SDD's JAZZ Fusion. (Mon, 04 Feb 2008 17:05:34 GMT)

Survey of 1200 U.S. Accounting Educators Rates Grant Thornton LLP as Best National Accounting Firm for Work-Life Balance
In Public Accounting Report's 26th Annual Survey of Accounting Professors, Grant Thornton LLP topped the list of national accounting firms as the best for work-life balance. (Mon, 04 Feb 2008 17:10:00 GMT)

CFOs at U.S. Technology Businesses Feel New Accounting Rule Puts Them at Competitive Disadvantage According to BDO ...
According to a new survey by BDO Seidman, LLP, one of the nation's leading accounting and consulting organizations, half (49%) of all chief financial officers at U.S. technology businesses surveyed feel they are at a competitive disadvantage to their foreign counterparts due to a new accounting rule that allows foreign competitors to report their financial results under International Financial ... (Mon, 04 Feb 2008 17:36:25 GMT)

Catapult Communications Changes Accounting Firms to Reduce Expenses
Mountain View, CA-January 4, 2008- Catapult Communications Corporation (Nasdaq: CATT) today announced that, in order to significantly reduce its accounting expenses, it has dismissed its previous independent registered public accounting firm, Deloitte & Touche LLP, and has engaged the firm of Stonefield Josephson, Inc. The Company has had no disagreements with Deloitte & Touche LLP during their ... (Tue, 05 Feb 2008 14:26:23 GMT)

Boston Accounting Seminar Offers Best Practices for Day Trading and Taxes
BOSTON----Traders Accounting, the largest online resource for day trading and tax planning services, announced the new Traders Accounting Seminar series where executives from the company are traveling to Boston to present to people who are starting up a day trading business as well as beginning traders. (Tue, 05 Feb 2008 15:19:00 GMT)

Boston Accounting Seminar Offers Best Practices for Day Trading and Taxes: From Starting Up a Day Trading Business to ...
Traders Accounting, the largest online resource for day trading and tax planning services, announced the new Traders Accounting Seminar series where executives from the company are traveling to Boston to present to people who are starting up a day trading business as well as beginning traders. The February 4th event will be held at The Online Trading Academy. (PRWeb Feb 5, 2008) Post ... (Tue, 05 Feb 2008 15:25:29 GMT)

Boston Accounting Seminar Offers Best Practices for Day Trading and Taxes
Traders Accounting, the largest online resource for day trading and tax planning services, announced the new Traders Accounting Seminar series where executives from the company are traveling to Boston to present to people who are starting up a day trading business as well as beginning traders. The February 4th event will be held at The Online Trading Academy. (Tue, 05 Feb 2008 15:52:36 GMT)

UALR Business College to Offer 2 New Accounting Degrees
The University of Arkansas at Little Rock says that beginning this summer, its business college will begin offering courses for two new accounting master's degree programs. (Tue, 05 Feb 2008 22:31:25 GMT)

Thomson Tax & Accounting Launches OneSource Tax
Feb. 6, 2008 (SmartPros) Thomson Tax & Accounting, a segment of The Thomson Corporation, has released OneSource Tax, a portal interface designed to help corporate tax departments easily access tax tools, manage workflows, and track key information. (Wed, 06 Feb 2008 04:55:03 GMT)

5 jobs in accounting
Accountants label mid-January to April 15 (the tax filing deadline) as "busy season." But many individuals and companies need accountants year-round. (Wed, 06 Feb 2008 07:54:32 GMT)

Next wave of subprime credit write-downs on horizon
The chief executive of PricewaterhouseCoopers, the accounting firm, has said that he expects more nonfinancial U.S. companies to report write-downs linked to the credit crisis. (Wed, 06 Feb 2008 13:31:49 GMT)

Four51 Offers New Integrated SAP Accounting and Business Management System at No Cost
Four51, Inc. announced today a groundbreaking move to offer its world-class B2B technology and commerce platform with integrated SAP accounting at no cost for buyers and sellers of indirect goods. (Wed, 06 Feb 2008 15:00:00 GMT)

Chicago-Based Accounting Firm Opens Office in Beverly Hills
Friedman, Weissman & Associates, P.C., a full-service accounting firm, specializing in entertainment tax and accounting, fraud prevention, tax preparation and work with family owned businesses, announced today the opening of its Beverly Hills office on Olympic Boulevard. (Wed, 06 Feb 2008 19:00:00 GMT)

Former KPMG Consulting Principal Settles SEC Charges for Role in Peregrine Accounting Fraud
Washington, D.C., Feb. 6, 2008 - The Securities and Exchange Commission today filed a settled enforcement action against a former principal and managing director of KPMG Consulting LLC for his role in deceiving investors in a major corporate accounting fraud. (Wed, 06 Feb 2008 19:32:31 GMT)

IOSCO urges companies to provide investors with clear accounting info
The International Organization of Securities Commissions (IOSCO) published a statement today urging publicly traded companies to provide investors with clear and accurate information on the accounting standards used in the preparation of their accounts. (Wed, 06 Feb 2008 22:13:05 GMT)

Blunt Downplays Accounting Scandal
A top House Republican acknowledged on Wednesday that an emerging accounting scandal at the party’s campaign committee could be “a very short-term distraction” for members and aides. (Thu, 07 Feb 2008 00:15:43 GMT)

SU: Accounting student wins Chick-fil-A national Leadership Scholarship
SALISBURY — James Onley, a city resident studying accounting at Salisbury University, has won a $1,000 national Leadership Scholarship from his employer, Chick-fil-A, Inc., the restaurant chain announced this week. (Thu, 07 Feb 2008 03:28:12 GMT)

U.S. rebuilding aid in Iraq winding down
Nearly all of the $20.9 billion Congress approved for large-scale rebuilding projects in Iraq has been spent, as the United States shifts its focus to providing the training and tools Iraqis need to govern themselves, the latest U.S. accounting shows. (Thu, 07 Feb 2008 03:31:50 GMT)

BDO Seidman LLP Issues Client Advisory on Impact of New FASB Accounting Standards on Planned M&A Transactions
BDO Seidman, LLP, one of the nation's leading accounting and consulting organizations, today issued a client advisory regarding key accounting changes to be implemented later this year. FASB Statement No. 141R, which revises the accounting for business combinations, and FASB Statement No. 160, which changes the accounting and reporting for minority interests, do not take effect until December ... (Thu, 07 Feb 2008 14:40:29 GMT)

MOVING ACCOUNTING EDUCATION FORWARD
The International Accounting Education Standards Board (IAESB) issued its 2007-2009 Strategic and Operational Plan as part of its strategy to advance accounting education worldwide. The IAESB’s strategy focuses on the measurable implementation of its International Education Standards (IESs). (Thu, 07 Feb 2008 16:47:47 GMT)

Financial accounting: Number crunch
Canada’s accounting regulators will meet this February to decide on one of the biggest changes in this country’s accounting history: When to throw out the current Canadian accounting rule book and adopt new international financial reporting standards (IFRS). The move has broad implications for investors and every Canadian public company since the new rules will force companies to recalculate ... (Thu, 07 Feb 2008 20:01:34 GMT)

Subprime accounting stretched from day one: Herz
Banks bent and stretched accounting rules from "day one" to keep risky securitized assets, such as those linked to subprime mortgages, off their books, the top U.S. accounting rule maker said on Thursday. (Thu, 07 Feb 2008 22:34:17 GMT)

Subprime accounting stretched from day one: Herz
By Emily Chasan WASHINGTON (Reuters) - Banks bent and stretched accounting rules from "day one" to keep risky securitized assets, such as those linked to subprime mortgages, off their... (Fri, 08 Feb 2008 00:11:20 GMT)

Accounting Rules Behind iPod Touch Update Charge
It turns out Apple didn't have much of a choice about charging for the January software update, according to analysts familiar with accounting regulations. (Fri, 08 Feb 2008 00:26:59 GMT)

PNC accounting studnets offer free tax service
WESTVILLE | Students from Purdue University North Central tax and accounting classes are again offering free assistance to the public in preparing federal and state income tax returns. (Fri, 08 Feb 2008 06:33:28 GMT)

Wichita chapter in works for accounting group
Andrante Etheridge wants to see more accountants volunteer their time to help low-income people prepare their tax returns. And she'd like to see more of her peers reach out to high school students and encourage them to consider careers in accounting and finance. Those are two of the things that Etheridge, an accounting recruiter for Koch Industries, thinks will happen if she and others are ... (Fri, 08 Feb 2008 07:08:16 GMT)

Accounting errors prompt Hat Pin suspension
Human resources firm Hat Pin has suspended it shares after it said various accounting errors at a subsidiary are likely to cause 2007 results to be materially worse than previously indicated. (Fri, 08 Feb 2008 07:26:00 GMT)

(AFX UK Focus) 2008-02-08 07:53 GMT: Hat Pin shares suspended on AIM after accounting errors
LONDON (Thomson Financial) - UK Recruitment consultancy Hat Pin said its shares have been suspended from trading on London's Alternative Investment Market after it found accounting errors in a subsidiary that will likely make its 2007 results "materially worse" than previously expected. (Fri, 08 Feb 2008 08:13:29 GMT)

Hat Pin duo quit over 'accounting errors'
The recruitment consultancy firm Hat Pin suspended trading in its shares after uncovering accounting errors at one of its divisions. (Sat, 09 Feb 2008 01:38:36 GMT)

Accounting 101: The Clintons
(Sat, 09 Feb 2008 20:21:33 GMT)

Green accounting
Ecological economists dispute the assumption that a nation's economic health is measured by the size of its gross national product, which fails to factor in the cost of resource depletion and environmental damage. (Sun, 10 Feb 2008 09:37:24 GMT)

Accounting program at FVTC Oshkosh reports growth
The Fox Valley Technical Colleges Oshkosh campus is expanding its accounting program in response to increasing job opportunities in that field. (Sun, 10 Feb 2008 10:18:27 GMT)

RSM International focuses on middle eastern development
The Middle East firms of RSM international, the 7th largest accounting, tax and consulting network worldwide, met over the last two days to focus on the ongoing development of their capabilities in the Middle Eastern region. (Sun, 10 Feb 2008 13:02:38 GMT)

Enthusiasm cools for hockey's foray into the U.S. South
By Jeff Z. Klein and Lew Serviss "It was a noble experiment," said Drew Dorweiler of the Montreal valuation and accounting firm Wise, Blackman. "But five years from now, I can see quite a few Sun Belt teams relocating. At the least, the league will be short a couple." (Sun, 10 Feb 2008 15:23:52 GMT)

Accounting error to be topic at City Council meeting
MARLBOROUGH - A $1.5 million accounting gaffe expected to be the focus of tonight's City Council meeting has already led to some internal changes, although councilors say they may be looking for more. (Mon, 11 Feb 2008 04:19:40 GMT)

StockTrack Shareholder Accounting Software Enhancements Promote Ease of Use
Version 11.1 of StockTrack Shareholder Accounting software is being released to BETA. (Mon, 11 Feb 2008 07:01:00 GMT)

StockTrack Shareholder Accounting Software Enhancements Promote Ease of Use
Version 11.1 of StockTrack Shareholder Accounting software is being released to BETA. This release contains many new features and enhancements. StockTrack, highly regarded for its capabilities and ease of use for shareholder management was first released in 1989. It supports issuance and transfer of stock, printing of stock certificates, dividends -- including direct deposit (ACH), proxy, ... (Mon, 11 Feb 2008 08:24:27 GMT)

BEE IN ACCOUNTING
a rare breed, look set to be in even greater demand as auditing, accounting and consulting firms prepare for the launch of the industry's transformation charter. (Mon, 11 Feb 2008 08:31:59 GMT)

nCircle Upgrades to Intacct for New Accounting and Financial Management System
Intacct, a leader in on-demand accounting and financial management solutions, today announced that nCircle has selected Intacct as its new financial management solution. nCircle will also deploy Intacct MAX(TM) for Salesforce to integrate Intacct with its front-office salesforce.com CRM solutions. Using Intacct, nCircle expects to improve real-time revenue tracking, eliminate redundant data ... (Mon, 11 Feb 2008 12:30:00 GMT)

Hamptons Luxury Homes Strengthens Management Team by Adding Chief Accounting Officer as Company Continues to Grow
BRIDGEHAMPTON, N.Y.----Hamptons Luxury Homes, Inc. today announced that Arthur R. Williams, of Shelter Island, has joined the company as Chief Accounting Officer. The announcement was made by Frank Dalene, Vice President and Chief Financial Officer of Hamptons Luxury Homes, who noted that the addition of Mr. (Mon, 11 Feb 2008 13:00:00 GMT)

Geneva® Delivers Robust Operations and Accounting Platform to Caledonian Global Fund ...
Advent's Leading Accounting Solution Provides Fund Administrator with Comprehensive Instrument Coverage and True Multi-Currency Processing LONDON and SAN FRANCISCO - November 29, 2007 - Advent Software, Inc. (NASDAQ: ADVS), 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 ... (Mon, 11 Feb 2008 14:01:44 GMT)

AIG Discloses `Weakness' in Derivative Accounting (Update1)
Feb. 11 (Bloomberg) -- American International Group Inc., the world's largest insurer by assets, fell as much as 6.1 percent after auditors found a ``material weakness'' in how the company values its credit-default swap portfolio. (Mon, 11 Feb 2008 15:06:54 GMT)

Winmark Corporation Announces Change in Accounting Treatment for Investment in Tomsten, Inc.
Winmark Corporation announced today that during the fourth quarter, it changed the accounting treatment for its investment in Tomsten, Inc. . The accounting change was made as a result of the cancellation of a preexisting voting agreement between Tomsten, Inc. and Winmark that gave certain Tomsten officers the right to vote Winmark's shares and the addition of John L. (Mon, 11 Feb 2008 15:16:00 GMT)

AIG's bad accounting day
AIG's unexpected announcement today about "material accounting weakness" in part of its portfolio has sent its stock careening down 11 percent in mid-day trading. (Mon, 11 Feb 2008 19:11:05 GMT)

AIG Discloses Accounting `Weakness,' Stock Declines (Update2)
Feb. 11 (Bloomberg) -- American International Group Inc., the world's largest insurer by assets, fell the most in 20 years in New York trading after auditors found faulty accounting may have understated losses on some holdings. (Mon, 11 Feb 2008 20:51:44 GMT)

Subprime accounting stretched from day one: Herz
WASHINGTON (Reuters) - Banks bent and stretched accounting rules from "day one" to keep risky securitized assets, such as those linked to subprime mortgages, off their books, the top U.S. accounting rule maker said on Thursday. (Mon, 11 Feb 2008 21:19:21 GMT)

Japan Insurance Stocks Fall on AIG Accounting; Inpex Advances
Feb. 12 (Bloomberg) -- Japanese insurance stocks fell after American International Group Inc.'s auditor found faulty accounting at the insurer, while Inpex Holdings Inc. led commodities companies higher after raising its forecast. (Tue, 12 Feb 2008 03:27:26 GMT)

Japan's Topix Falls on AIG Accounting Concerns; Inpex Climbs
Feb. 12 (Bloomberg) -- Japan's Topix index declined, led by insurers after American International Group Inc.'s auditor found faulty accounting of securities, raising concern of additional writedowns by financial companies. (Tue, 12 Feb 2008 07:40:23 GMT)

Accounting audit hurts AIG shares
Shares of American International Group Inc., the world's largest insurer by assets, fell 11.7 percent yesterday after its auditor found that faulty accounting may have understated losses on some holdings. (Tue, 12 Feb 2008 09:26:29 GMT)

AIG auditor finds faulty accounting
American International Group fell the most in 20 years in New York trading after its auditor found faulty accounting may have understated losses on some holdings. (Tue, 12 Feb 2008 10:06:42 GMT)

Allianz Shares Fall on Concern About AIG's Accounting Problems
Feb. 12 (Bloomberg) -- Allianz SE, Europe's biggest insurer, fell in Frankfurt trading on concern it may follow American International Group Inc., whose auditor yesterday reported faulty accounting that may have understated losses on some holdings. (Tue, 12 Feb 2008 11:26:49 GMT)

BancTec Partner-Extend Accounting and Business Solutions-Goes Live with Accounts Payable ...
System Leverages the BancTec AP Master(TM) Solution 12.10.2007 - DALLAS, TEXAS BancTec, a global provider of advanced, high volume document and payment processing solutions, announced that its alliance partner, eXtend Accounting and Business Solutions, has gone live with an accounts payable (AP) automation implementation for Property Resources Corporation (PRC). PRC, a large property management ... (Tue, 12 Feb 2008 13:47:23 GMT)

Schering-Plough Posts Loss on Accounting Rule
The company said it lost $3.36 billion in the fourth quarter because of accounting rules related to the purchase of Organon BioSciences. (Tue, 12 Feb 2008 14:40:10 GMT)

Is fair value accounting a blessing or a curse in a financial crisis?
Is fair value accounting a blessing or a curse in a financial crisis? On the face of it, an approach whereby assets and liabilities are marked to market looks logical when the emphasis of the banking system has shifted from deposit taking and lending to providing credit via securities markets. IOUs can be easier to value than bank loans. And the resulting transparency should be helpful in ... (Tue, 12 Feb 2008 16:55:24 GMT)

Is fair value accounting a blessing or a curse?
Is fair value accounting a blessing or a curse in a financial crisis? On the face of it, an approach whereby assets and liabilities are marked to market looks logical when the emphasis of the banking system has shifted from deposit taking and lending to providing credit via securities markets. (Tue, 12 Feb 2008 21:43:38 GMT)

Senator queries accounting bodies on subprime
NEW YORK (Reuters) - A senior Democratic lawmaker on Tuesday asked the heads of the U.S. and international accounting rule-making bodies how they can improve transparency of securitized and off-balance sheet assets, such as those linked to subprime mortgages. (Tue, 12 Feb 2008 22:47:57 GMT)

Accounting Changes Send Schering-Plough to a Loss
Despite its fourth-quarter loss, the pharmaceutical giant?s results topped Wall Street estimates, and its shares rose more than 5 percent. (Wed, 13 Feb 2008 05:12:18 GMT)

ACCA puts ethics into global accounting
AccountancyAge.com, Accountancy Age , Wednesday 13 February 2008 at 00:00:00 ACCA claims the introduction of an ethics module is helping bring global accounting standards into line The Association of Chartered Certified Accountants (ACCA) claims introducing an ethics module in its training programme is helping to lift professional standards in the industry.... > Read the full ... (Wed, 13 Feb 2008 07:25:47 GMT)

Leading Colorado-based Accounting Firm Deploys Metastorm for Enterprise Process Automation
Metastorm, a leading provider of Business Process Management , Business Process Analysis , and Enterprise Architecture software for aligning strategy with execution, today announced its software has been successfully deployed at Ehrhardt Keefe Steiner & Hottman PC, the largest Colorado-based accounting and business advisory firm. (Wed, 13 Feb 2008 13:00:00 GMT)

Accounting profession refutes claims in Fin Review article
Australia’s three professional accounting bodies have strongly objected to suggestions accountants’ are acting contrary to ethical standards and professionalism in a front page article in the Australian Financial Review. (Wed, 13 Feb 2008 15:08:49 GMT)

SEC OKs Fees To Support Financial Accounting Standards Board
WASHINGTON -(Dow Jones)- The Securities and Exchange Commission voted Wednesday to approve a $23.7 million fee on public companies to help fund U.S. accounting standard setters, up nearly 5% from 2007. (Wed, 13 Feb 2008 18:30:47 GMT)

Accounting chief at CapitalSource to resign
The principal accounting officer of CapitalSource Inc. has notified the company of his resignation, according to a regulatory filing. (Wed, 13 Feb 2008 19:09:55 GMT)

Canadian Accounting Standards Board confirms changeover date to IFRS
The Canadian Accounting Standards Board (AcSB) has confirmed that use of International Financial Reporting Standards (IFRS) will be required in 2011 for publicly accountable profit-oriented enterprises. (Thu, 14 Feb 2008 13:55:39 GMT)

ACCOUNTING CONVERGENCE TAKES THE NEXT STEP FORWARD
The release of the International Accounting Standards Board's (IASB's) new standards on business combinations and non-controlling (minority) interest is the result of the IASB's and the U.S. Financial Accounting Standards Board's (FASB's) first comprehensive test-case in their joint efforts to achieve convergence between IFRS and U.S. GAAP. The FASB released its versions of the comparable ... (Thu, 14 Feb 2008 15:05:09 GMT)

Channel 2 accounting staff asked to move to Green Bay, Wis.
Nashville's WKRN-TV, Channel 2, said Thursday that it will merge its local accounting staff with the company's corporate staff at a central location in Green Bay, Wis. That means some Nashville-based employees could be transferred, and others might choose to leave their jobs, said Gwen Kinsey, WKRN's president and general manager. (Thu, 14 Feb 2008 23:57:34 GMT)

Lakeview Launches New Purchase Order Authorisations Module Within Its LM4 Accounting Software
Lakeview Software (http://www.lakeview.co.uk) has launched a new software module -Purchase Order Authorisations -- as part of its LM4business and accounting software suite, to help businesses put additional financial safety controls in place. (PRWeb Feb 15, 2008) Read the full story at http://www.prweb.com/releases/20 (Fri, 15 Feb 2008 08:13:32 GMT)

Lakeview Launches New Product Promotions Module In LM4 Business Accounting Software
Lakeview (http://www.lakeview.co.uk) has greatly enhanced the support for promotions within its LM4 accounting software product to enable promotions to be automatically picked up at the time the sales order is entered. (PRWeb Feb 15, 2008) Read the full story at http://www.prweb.com/releases/20 (Fri, 15 Feb 2008 08:13:43 GMT)

Local business briefs: WKRN to merge accounting in Wisconsin
Nashville's WKRN-TV, Channel 2, said Thursday that it will merge its local accounting staff with the company's corporate staff at a central location in Green Bay, Wis. (Fri, 15 Feb 2008 08:18:50 GMT)

Rep Wants Accounting of Saudi's $20M Grant to Georgetown U.
A $20 million gift to Georgetown University from a wealthy Saudi prince has raised the eyebrows of Rep. Frank Wolf, R-Va., who wants an accounting of the Washington, D.C., college's use of the money. (Fri, 15 Feb 2008 18:36:04 GMT)

SMU Cox Offers Tax Concentration for the Master of Science in Accounting Program
With the aid of a generous $500,000 gift by the Ernst & Young Foundation, the Cox School of Business at SMU announces the creation of a tax concentration for the Master of Science in Accounting (MSA) program. (Fri, 15 Feb 2008 20:09:00 GMT)

Fomer Applix CEO Found Not Guilty Of Accounting Fraud
The SEC had charged that Alan Goldsworthy masterminded two schemes to falsely inflate software maker Applix's revenue in 2001 and 2002. (Fri, 15 Feb 2008 20:31:00 GMT)

BUSINESS SNAPSHOTS: ACCOUNTING: Consulting firms combine
Doeren Mayhew, Troy-based public accounting and management consulting firm, has formed a new division by combining operations with turnaround experts Barefoot, Cramer & Associates LLC. The new Doeren Mayhew BCA LLC will provide operational improvement and restructuring services, including assessments, crisis management, interim management, orderly wind-down and liquidation. (Sun, 17 Feb 2008 08:27:16 GMT)

Death and Taxes
Death and taxes may be equally inevitable, but the taxman demands the last word. Death does not excuse a final accounting with the IRS. In fact, taxes can further complicate the lives of survivors. Federal estate taxes could be due, and state inheritance taxes could come into play, too. Here,... (Sun, 17 Feb 2008 08:28:05 GMT)

Leddy Group buys TOP
DOVER — Leddy Group has acquired another company of its kind to enhance its service offerings throughout New England. The Dover-based staffing firm, which specializes in administrative, accounting and light industrial staffing, as well as business... (Sun, 17 Feb 2008 11:28:27 GMT)

Firm takes pride in training workers
Global accounting firm giant PricewaterhouseCoopers ranked No. 1 for its employer-sponsored work-force training and development by Training magazine. (Sun, 17 Feb 2008 13:18:58 GMT)

Accounting and Consultancy
Kachwaha & Partners are pleased to present the guide on doing business in India. This aims to be an easy to read, yet comprehensive overview of legal issues involved in doing business in India. It has been written primarily with the foreign investor in mind. (Sun, 17 Feb 2008 15:19:47 GMT)

ACCOUNTING FOR CHANGE – THE FUTURE OF FINANCIAL REGULATION FOR FOREIGN INVESTED FIRMS IN CHINA
Chinese regulators should continue to phase out preferential treatment offered to foreign invested firms. That’s one of the main conclusions in the ICAS published research report ‘Regulating Accounting in Foreign Invested Firms in China : From Mao to Deng’.... (Mon, 18 Feb 2008 00:20:57 GMT)

Clamor for More Accounting in Germany
Stunned by the revelation that one of Germany's most respected chief executives was accused of evading more than euro1 million in taxes by stashing it in a foreign country, politicians called for more accountability aimed at protecting the country's business reputation. (Mon, 18 Feb 2008 01:34:34 GMT)

Elk Grove water agency suing Union Bank for accounting records
The agency that owns Elk Grove Water Service has sued Union Bank of California in an effort to obtain accounting records for trust accounts administered by the bank. (UB) (Mon, 18 Feb 2008 05:54:13 GMT)

Job vacancy: Director of Accounting Services
(Ref: n/a) Description of role: We’re currently looking for a Director of Accounting Services to join and provide strategic and operational leadership to our finance team and to work with senior colleagues across the business to secure Moat’s continued growth and success. (Mon, 18 Feb 2008 07:12:00 GMT)

Aussie bank blames accounting standards for loss
Australia’s third biggest bank, Melbourne-based Australia & New Zealand Banking Group Ltd (ANZ) reported today a $US200m one-off loss provision relating to its exposure to US debt insurer ACA Capital Holdings. (Mon, 18 Feb 2008 08:35:44 GMT)

Result for: how to choose an accounting package
The following article was written by Frank Arbaugh of FA Resources, consultants to small businesses in the greater Philadelphia area (www.faresources.us). (Mon, 18 Feb 2008 12:23:11 GMT)

ACCOUNTING STANDARDS BOARD DECISION SUMMARY, FEBRUARY 2008
The Canadian Accounting Standards Board (AcSB) met on February 5, 2008 and discussed a number of topics relating to international activities, as well as business combinations and a proposed new abstract on substantively enacted tax rates.... (Mon, 18 Feb 2008 13:04:43 GMT)

TIME FOR COMMON ACCOUNTING STANDARDS
Why do we need this new financial reporting language for publicly accountable enterprises of IFRSs in Canada? Paul Cherry, Chair of the AcSB, highlights many of the reasons in this Op-Ed article that appeared in the National Post on Wednesday, January 30, 2008.... (Mon, 18 Feb 2008 13:19:51 GMT)

APICS Toledo Sponsors Seminar on lean manufacturing vs, traditional cost accounting
TOLEDO — The APICS Toledo chapter will be holding a Professional Development Seminar titled “Lean Manufacturing versus Traditional Cost Accounting” at 6 p.m. Tuesday, March 11. The seminar will be at the University of Toledo Student Union, room 2592, and will be jointly sponsored with the University of Toledo APICS Chapter. (Mon, 18 Feb 2008 13:40:11 GMT)

CapitalSource names interim chief accounting officer
CapitalSource Inc. has appointed its chief administrative officer, Donald Cole, to serve as the company's interim accounting chief while it conducts a search for a permanent principal accounting officer, according to a regulatory filing. (Mon, 18 Feb 2008 18:35:51 GMT)

FASB LAUNCHES VERIFICATION PHASE FOR THE FASB ACCOUNTING STANDARDS CODIFICATION
The Financial Accounting Standards Board (FASB) has officially launched the one-year verification phase of the FASB Accounting Standards Codification (Codification). (Tue, 19 Feb 2008 00:19:43 GMT)

GE to adjust accounting to end regulator probe: report
U.S. conglomerate General Electric Co is expected to make changes to its accounting policies in a bid to end a U.S. Securities and Exchange Commission probe, the Wall Street Journal reported on Tuesday citing people familiar with the situation. (Tue, 19 Feb 2008 08:54:13 GMT)

GE to adjust accounting to end regulator probe: report
NEW YORK (Reuters) - U.S. conglomerate General Electric Co (GE.N) is expected to make changes to its accounting policies in a bid to end a U.S. Securities and Exchange Commission probe, the... (Tue, 19 Feb 2008 10:11:10 GMT)

Industrial Enterprises Provides an Accounting and Operational Update
PITTSBURGH, Feb. 19, 2008 -- Industrial Enterprises of America, Inc. , an automotive aftermarket packager and supplier, announced today an accounting and operational update. (Tue, 19 Feb 2008 14:25:00 GMT)

Mich. shooting suspect faces new charge
The suspect in a fatal shooting at a Troy, Mich., accounting firm has been accused of attacking a sheriff's deputy in jail. (Tue, 19 Feb 2008 15:06:21 GMT)

2 More Indictments in Tax Shelter Case
Federal prosecutors have widened their criminal case involving questionable tax shelters at the accounting firm Ernst & Young, adding two outside defendants. (Wed, 20 Feb 2008 03:40:58 GMT)

Hospital?s Accounting Is Under Fire by a Union
A union is trying to force nonprofit groups like hospitals to comply with standards of governing similar to those that federal law requires of private companies. (Wed, 20 Feb 2008 03:46:07 GMT)

U.S.: N. Korean nuclear talks not at stalemate
A top U.S. envoy denied Wednesday that talks on ridding North Korea of nuclear weapons were at a stalemate, saying the United States still seeks a full accounting of Pyongyang's past atomic activity. (Wed, 20 Feb 2008 06:01:03 GMT)

Huron Consulting profit up 43% on higher revenue
Fast-growing Huron Consulting Group Inc. , citing "increased demand across our service offerings," reported a 43 percent jump in fourth-quarter earnings Wednesday, despite an accounting-related charge that narrowed profit margins. (Wed, 20 Feb 2008 14:08:11 GMT)

Northern Trust Automates Endowment Accounting
Northern Trust today announced the launch of automated endowment accounting, a Web-based solution that allows not-for-profit clients to allocate investment performance, track donations and manage distributions across multiple accounts in a pooled endowment fund. (Wed, 20 Feb 2008 14:30:00 GMT)

Judge gives preliminary OK to Delphi accounting firm agreement
DETROIT - A federal judge in Detroit has tentatively approved a $38.25 million settlement of a lawsuit filed by auto parts maker Delphi Corp. investors against the Deloitte & Touche accounting firm. (Wed, 20 Feb 2008 19:32:50 GMT)

Northern Trust automates endowment accounting for not-for-profits
Northern Trust today announced the launch of automated endowment accounting, a Web-based solution that allows not-for-profit clients to allocate ... (Wed, 20 Feb 2008 23:09:07 GMT)

Oscar secrets in hands of accounting duo
They are the most closely guarded set of envelopes in showbusiness and for a few days every year Rick Rosas and Brad Oltmanns are the only two people on the planet who know their secrets. (Thu, 21 Feb 2008 01:57:11 GMT)

Payments to Pakistan Scrutinized
Vague accounting and suspicions of overbilling surround the roughly $1 billion in military aid. (Thu, 21 Feb 2008 03:10:08 GMT)

Judge Gives Preliminary OK to Delphi Accounting Firm Agreement
Feb. 21, 2008 (Associated Press) DETROIT - A federal judge has tentatively approved a $38.25 million settlement of a lawsuit filed by investors in the auto parts maker Delphi Corp. against the Deloitte & Touche accounting firm. (Thu, 21 Feb 2008 04:36:17 GMT)

Tax & Accounting Solutions Inc. under new ownership
CHESTER — Tax & Accounting Solutions Inc., formerly Hindes Accounting Inc., is under new ownership. (Thu, 21 Feb 2008 05:11:10 GMT)

The News-Times' new accounting manager 'brings new ideas' to the newspaper
DANBURY -- On the surface, Richard Matzinger, The News-Times' new accounting manager, has a simple job: keeping track of the money coming in and going out of the newspaper."My job is to accurately report the nature of the business," he said.Simple enough. (Thu, 21 Feb 2008 10:45:26 GMT)

Accounting firm sues Lenny Dykstra
Three-time baseball All-Star Lenny Dykstra has been sued by an accounting firm that says he owes at least $111,000. (Thu, 21 Feb 2008 17:59:09 GMT)

Ex-Phillies star Dykstra sued by accounting firm
Lenny Dykstra has been sued by an accounting firm that says the former All-Star owes at least $111,000. (Thu, 21 Feb 2008 18:35:38 GMT)

Dykstra sued by New York City accounting firm that says he owes $111,000 in fees
NEW YORK (AP) -- Lenny Dykstra has been sued by an accounting firm that says the former All-Star owes at least $111,000. The lawsuit filed Thursday in Manhattan's U.S. District Court claims Dykstra failed to pay DDK & Co. LLP of Manhattan for accounting and tax work. (Thu, 21 Feb 2008 18:53:29 GMT)

Aussie bank blames accounting standards for loss
AccountancyAge.com, Accountancy Age , Monday 18 February 2008 at 00:00:00 ANZ is blaming derivative accounting standards for a $US200m one-off loss provision Australia's third biggest bank, Melbourne-based Australia & New Zealand Banking Group Ltd (ANZ) reported today a $US200m one-off loss provision relating to its exposure to US debt insurer ACA Capital... > Read the full ... (Fri, 22 Feb 2008 00:17:29 GMT)

Dykstra takes swing at accounting firm that says he owes $111,000
Former baseball All-Star Lenny Dykstra said he's looking forward to fighting a lawsuit brought Thursday by an accounting firm that claims he owes at least $111,000 because he wants people to stop trying to rip off ballplayers. (Fri, 22 Feb 2008 02:05:59 GMT)

Moorpark company provides management accounting
Randal Wheeler, president and CEO of Pathfinder Metrics in Moorpark, has been credited by the Institute of Management Accountants with establishing the first-ever certified management accounting firm. (Fri, 22 Feb 2008 04:32:08 GMT)

Dykstra vows to expose NY accounting firm
Lenny Dykstra said he's looking forward to fighting a lawsuit brought by an accounting firm Thursday that claims he owes at least $111,000 because he wants people to stop trying to rip off ballplayers. (Fri, 22 Feb 2008 06:22:23 GMT)