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(AFX UK Focus) 2008-02-22 07:38 GMT: Vanco sees FY results in line with market views pre-accounting reviews
LONDON (Thomson Financial) - Vanco PLC said it expects the results for the year ended Jan 31, 2008 to be in line with market expectations, prior to the accounting and balance sheet review and added it is confident about new year outlook. (Fri, 22 Feb 2008 07:49:58 GMT)

Vanco sees year 'in line' before accounting reviews
Virtual telecom networks operator Vanco expects trading results for the year to 31 January 2008 to be in line with market expectations, prior to its recent accounting and balance sheet reviews. (Fri, 22 Feb 2008 07:52:00 GMT)

Westport RTM Approves $275K for New Accounting System
During its Tuesday night meeting, the Representative Town Meeting (RTM) voted 26 to 1 in favor of allocating $275,000 to buy a new accounting system for the Town of Westport. (Fri, 22 Feb 2008 15:21:09 GMT)

Accounting lax at impound lot
The Colorado Springs Police Department didn’t inventory its vehicle impound lot for more than five years, and accounting for auctions and cash was lax, with bills of sale missing, a city audit found. (Fri, 22 Feb 2008 20:52:13 GMT)

Waterboarding Is Focus of Justice Dept. Inquiry
The department?s ethics office is preparing what could become the first public accounting for legal advice that endorsed interrogation methods denounced as torture. (Sat, 23 Feb 2008 03:37:14 GMT)

Troubled Firm to Close 2 Funds Worth $4 Billion
D.B. Zwirn, a New York hedge fund that has been plagued by accounting irregularities, is closing two of its largest funds after investors demanded the firm return $2 billion. (Sat, 23 Feb 2008 14:39:23 GMT)

Dave Molinari on the Penguins: An accounting of the club's unrestricted free agents
It is, in some ways, a perfect confluence of supply and demand. ... (Sun, 24 Feb 2008 05:30:51 GMT)

Accounting jobs always in demand
Accountants label mid-January to April 15 (the tax-filing deadline) as "busy season." But many individuals and companies need accountants year-round. (Sun, 24 Feb 2008 08:09:23 GMT)

Pension questions to ask when changing jobs
Here's advice for anyone switching jobs: Find out how the new pension plan works. Ask the right questions. I recently heard from a chartered accountant, who moved from one accounting firm to another in 1999. (Sun, 24 Feb 2008 09:44:58 GMT)

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TORONTO - The RCMP is set to file criminal fraud charges against former senior executives at Nortel Networks Corp. for their alleged involvement in a fraudulent accounting scheme in which financial results were purportedly falsified in order to trigger millions of dollars in bonuses, Canwest News Service has learned. (Sun, 24 Feb 2008 13:32:41 GMT)

Shortages in the field making accounting the hot place to be
Tougher auditing regulations, higher salaries and a wave of retiring baby boomers should fuel a bull market for CPAs. (Mon, 25 Feb 2008 06:01:46 GMT)

Accounting powerhouse
TAMPA - One of Tampa Bay's most successful homegrown accounting firms has found a committed relationship. (Mon, 25 Feb 2008 07:34:48 GMT)

Accounting firms gird for slowdown after banner '07
While accounting firms across the state reported strong growth in 2007, a slowing economy and industrywide consolidation has put many on tentative footing as they prepare for the year ahead. (Mon, 25 Feb 2008 07:36:19 GMT)

Nigeria: Minister Lauds Ndukwe On Accounting Standards
Minister of commerce and industry, Engr. Charles Ugwu has commended the executive vice chairman of the Nigerian Communications Commission, NCC, Engr. Ernest Ndukwe, for supporting the realisation of new accounting standard for the telecommunications industry.A statement from the Commission has said. (Mon, 25 Feb 2008 11:10:42 GMT)

Accounting mess prompts major clean up at Zenith
Tripled losses after a difficult year have prompted a full business review at cleaning and hygiene products company, Zenith Hygiene involving a major board reshuffle that has seen the departure of chairman and CEO, Ringo Francis. (Mon, 25 Feb 2008 11:42:50 GMT)

Snooping far too typical
Employees accessing sensitive data is a common practice in the utilities, accounting and telecommunications industries, privacy experts say, and one that is tough to eradicate A landlord snooped on tenants to find out information about their finances. A woman repeatedly accessed her ex-boyfriend's account after a difficult breakup. Another obtained her child's father's address so she could ... (Mon, 25 Feb 2008 13:38:28 GMT)

Bookkeeping stalls American Tower report
Fourth-quarter revenue rises 12% at wireless towers operator, but possible accounting errors delay release of more data. (Mon, 25 Feb 2008 13:54:05 GMT)

Movers
ACCOUNTING/FINANCE The Miami chapter of Association of Latino Professionals in Finance and Accounting has appointed Brett Friedman, director with McGladrey & Pullen, to its board of directors. (Mon, 25 Feb 2008 14:09:59 GMT)

SAS(R) Helps Broward Community College Streamline Accounting Processes, Boost Enrollment
Broward Community College is using software from SAS, the leader in business intelligence, to better manage finances and increase enrollment. With eight campuses in one of South Florida's most heavily populated counties, BCC must collect, analyze and report on financial and student data to justify state funding and compete with other educational institutions. (Mon, 25 Feb 2008 14:57:31 GMT)

BUSINESS PLANNING AND CONTROL: INTEGRATING ACCOUNTING, STRATEGY, AND PEOPLE
This book provides an introduction to core areas of management accounting and business planning. It explores relationships between strategy, management accounting information, and the design of control systems, taking into account the needs of both people and organizations.... (Mon, 25 Feb 2008 16:34:56 GMT)

Health Care Will Cost $4 Trillion by 2017
By 2017, total health care spending will double to more than $4 trillion a year, accounting for 20% of the nation's gross domestic product, or one out of every five dollars Americans spend, the federal government projects. (Tue, 26 Feb 2008 05:30:02 GMT)

Health Spending to Rise Sharply
By 2017, total health care spending will double to more than $4 trillion a year, accounting for one of every $5 the nation spends, the federal government projects (Tue, 26 Feb 2008 14:33:13 GMT)

Monotype Imaging Swings to 4Q Profit
Monotype Imaging Holdings Inc., a provider of fonts and imaging software, said Tuesday it swung to a fourth-quarter profit on rising sales and an accounting charge in last year's quarter. (Tue, 26 Feb 2008 15:04:50 GMT)

FAO Research Announces Only Blog Dedicated to Finance & Accounting Outsourcing
BOSTON----FAO Research, Inc., an independent research firm focused on analyzing the finance & accounting outsourcing and procurement outsourcing markets, today announced the launch of the industry's first blog dedicated to opening a dialogue among key players in the FAO marketplace - buyers, service providers, advisors, associations and the press. (Tue, 26 Feb 2008 15:13:00 GMT)

Five found guilty of accounting scam
Five co-defendants were found guilty of doctoring the books to inflate the share value of insurance giant AIG, it was reported Tuesday. (Tue, 26 Feb 2008 15:21:30 GMT)

FAO Research Announces Only Blog Dedicated to Finance & Accounting Outsourcing
FAO Research, Inc., an independent research firm focused on analyzing the finance & accounting outsourcing (FAO) and procurement outsourcing markets, today announced the launch of the industry's first blog dedicated to opening a dialogue among key players in the FAO marketplace - buyers, service providers, advisors, associations and the press. (Tue, 26 Feb 2008 15:39:51 GMT)

Area mid-sized accounting firms bulking up
Mid-sized accounting firms throughout the Washington area are taking on additional office space to to make room for ongoing staff expansions. (Tue, 26 Feb 2008 19:28:41 GMT)

Reuters Spent $480,000 in 2007 to Lobby Congress on Financial Data, Accounting Regulations
WASHINGTON (AP) - Reuters America LLC paid Rich Feuer Group $480,000 in 2007 to lobby on financial data regulations and accounting requirements. (Tue, 26 Feb 2008 20:52:41 GMT)

The Financial Accounting Foundation Board of Trustees Approves Changes to Oversight, Structure and Operations of FAF, ...
NORWALK, Conn.----The Board of Trustees of the Financial Accounting Foundation today announced that, following a public due process period in which 59 comments were received from accounting and financial organizations and others interested in standard setting, it has voted to approve major changes to the oversight, structure and operations of the FAF and its two standard-setting Boards, the ... (Tue, 26 Feb 2008 21:09:00 GMT)

The Financial Accounting Foundation Board of Trustees Approves Changes to Oversight, Structure and Operations of FAF, ...
The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that, following a public due process period in which 59 comments were received from accounting and financial organizations and others interested in standard setting, it has voted to approve major changes to the oversight, structure and operations of the FAF and its two standard-setting Boards, the Financial ... (Tue, 26 Feb 2008 21:39:05 GMT)

Financial Accounting Foundation Board Changes Its Size, Responsibilities
The Board of Trustees of the Financial Accounting Foundation approved changes to the oversight, structure and operations for the organization and its two standard-setting boards, the Financial Accounting Standards Board and the Governmental Accounting Standards Board. (Tue, 26 Feb 2008 22:23:57 GMT)

A Revamping for the Financial Accounting Standards Board
The Financial Accounting Standards Board, which sets American accounting rules, will have two fewer members and the power of its chairman will be increased, the board?s oversight body said on Tuesday. (Wed, 27 Feb 2008 04:59:57 GMT)

Mid-size accounting firms in region bulking up
Mid-size accounting firms throughout the region are taking on additional office space to to make room for ongoing staff expansions. (Wed, 27 Feb 2008 14:51:33 GMT)

Accounting review charge pushes Harrah's into 4Q loss
LAS VEGAS -- Harrah's Entertainment, which was recently taken private, said Wednesday it swung to a fourth-quarter loss, hurt by charges from accounting reviews, as its top executive... (Wed, 27 Feb 2008 22:00:35 GMT)

A Revamping for the Financial Accounting Standards Board
The Financial Accounting Standards Board, which sets American accounting rules, will have two fewer members and the power of its chairman will be increased, the board’s oversight body said on Tuesday. (Thu, 28 Feb 2008 02:39:51 GMT)

Access launches emissions accounting package
What is believed to be the first ever accounting system that calculates the size of a business's carbon footprint was unveiled by Access Accounting at the Softworld trade show yesterday. (Thu, 28 Feb 2008 10:28:37 GMT)

GP contract 'over budget and bad deal for patients'
A GP contract that cost the National Health Service 20 billion pounds has failed to deliver expected improvements in patient care, the government's accounting watchdog said Thursday. (Thu, 28 Feb 2008 11:42:58 GMT)

Corrected: Freddie Mac posts $2.5 billion loss
(Corrects third-quarter loss to $1.2 billion in second paragraph to reflect accounting change) (Thu, 28 Feb 2008 13:41:02 GMT)

Nortel reorganization plan draws skepticism
The telecommunications equipment maker announced another large accounting charge and a reorganization aimed at shedding 2,100 jobs and moving 1,000 out of North America. But several analysts are also questioning Nortel's long-term prospects. (Thu, 28 Feb 2008 14:20:32 GMT)

Group faces deadline in accounting probe
TEXAS CITY — An attorney for the school district said the Roosevelt-Wilson Elementary School parent-teacher organization has until Wednesday to turn over its accounting records or face consequences. (Thu, 28 Feb 2008 14:54:20 GMT)

Accounting review charge pushes Harrah's into 4Q loss
LAS VEGAS - Harrah's Entertainment, which was recently taken private, said Wednesday it swung to a fourth-quarter loss, hurt by charges from accounting reviews, as its top executive described pockets of weakness in the casino market. (Thu, 28 Feb 2008 14:55:38 GMT)

Audit raises accounting red flags at tiny San Jose school district
A recent audit of San Jose's tiny Luther Burbank Elementary School District found several questionable accounting practices, including a lack of receipts for $80,000 in furniture the superintendent ran up on a district credit card. (Fri, 29 Feb 2008 00:14:59 GMT)

Philips to change accounting of LG Display stake
AMSTERDAM, Feb 29 - Philips Electronics said on Friday it will change the accounting treatment of its stake in LG Display Co. (Fri, 29 Feb 2008 07:58:20 GMT)

StockTrack Shareholder Accounting Software Enhancements Promote Ease of Use
Figtree Consulting, Inc. released Version 11.1 of StockTrack Shareholder Accounting software today. This release contains many new features and enhancements. StockTrack, highly regarded for its capabilities and ease of use for shareholder management supports issuance and transfer of stock, printing of stock certificates, dividends, ACH, proxy, splits, and all related reporting. It is in use by ... (Fri, 29 Feb 2008 08:17:14 GMT)

P2 Energy Solutions Announces The Launch Of Qbyte Accounting Services In Canada
P2 Energy Solutions, the industry's leading provider of oil and gas software and services, is pleased to announce the launch of Qbyte Accounting Services in Canada through P2 Energy Solutions Alberta ULC (formerly Qbyte). P2 Energy Solutions Alberta ULC offers specialized software and services to the petroleum industry (Fri, 29 Feb 2008 08:42:25 GMT)

(AFX UK Focus) 2008-02-29 09:54 GMT: Philips changes accounting methods; LG Display no longer impacts P&L sheet
AMSTERDAM (Thomson Financial) - Royal Philips Electronics NV said it will change its accounting methods for its stake in LG Display Co Ltd after it reduced its stake in the company to 19.9 pct last October. (Fri, 29 Feb 2008 10:19:55 GMT)

Axa chairman attacks international accounting rules
The outgoing chairman of Axa and one of France's most influential capitalists, Claude Bébéar, has said accounting rules requiring companies to value assets at market prices has contributed financial volatility. (Fri, 29 Feb 2008 10:43:32 GMT)

Katherine Asbeck Designated Corning s Principal Accounting Officer
29/02/2008 21:05:00 Business Wire US0231351067 Corning Incorporated (NYSE:GLW) announced today that Katherine A. Asbeck, senior vice president, Finance, has been designated as principal accounting officer, effective immediately. (Fri, 29 Feb 2008 21:13:34 GMT)

CME Group Announces Retirement of Nancy W. Goble; Appoints Jill A. Harley as Chief Accounting Officer
CME Group, the world's largest and most diverse derivatives exchange, today announced that Nancy Goble, Managing Director and Chief Accounting Officer, will retire after nearly 11 years of service, effective June 1, 2008. (Fri, 29 Feb 2008 21:44:00 GMT)

UPS Cuts 2007 Earnings 1.4%, Citing Accounting Error (Update1)
Feb. 29 (Bloomberg) -- United Parcel Service Inc., the world's largest package-delivery company, reduced its 2007 adjusted earnings by 1.4 percent to $4.11 a share, from $4.17, citing an accounting error. (Fri, 29 Feb 2008 21:44:32 GMT)

Katherine Asbeck Designated Corning's Principal Accounting Officer
CORNING, N.Y., BUSINESS WIRE -- Corning Incorporated (NYSE:GLW) announced today that Katherine A. Asbeck, senior vice president, Finance, has been designated as principal accounting officer, effective immediately. (Fri, 29 Feb 2008 22:29:42 GMT)

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