Home Security News Mar 2008
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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. (Sat, 01 Mar 2008 05:54:56 GMT)
Top Rated Accounting Seminar Hosts One Day Training For Day Traders
Traders Accounting, Offers Day Trading Services to help understand trader tax and preparation. (Sat, 01 Mar 2008 07:01:00 GMT)
Top Rated Accounting Seminar Hosts One Day Training For Day Traders
Traders Accounting, Offers Day Trading Services to help understand trader tax and preparation. (PRWeb Mar 1, 2008) Read the full story at http://www.prweb.com/releases/da (Sat, 01 Mar 2008 08:20:32 GMT)
Laura Ann Byram, 27: Corporate accounting manager
About the employer: Based in Kansas City, Block & Co. Inc. Realtors is a commercial real estate investment/management firm. My division of the company — headed by the sons of a founder, Allen Block — specializes in investing in and managing office and industrial buildings. There also is a retail division. (Sun, 02 Mar 2008 04:28:35 GMT)
Toronto Accounting Firm Opens Up in the United States
Hendricks & Associates, a Toronto-based accounting firm, has opened a second location in upstate New York to target small business clientele in the United States. (Sun, 02 Mar 2008 07:01:00 GMT)
Toronto Accounting Firm Opens Up in the United States
Hendricks & Associates, a Toronto-based accounting firm, has opened a second location in upstate New York to target small business clientele in the United States. (PRWeb Mar 2, 2008) Read the full story at http://www.prweb.com/releases/20 (Sun, 02 Mar 2008 08:13:59 GMT)
Met trust and accounting firm reach settlement
The Metropolitan Mortgage & Securities Co. investors' trust has reached a settlement agreement of about $30 million with an accounting firm accused of making mistakes that led to the company's demise. (Sun, 02 Mar 2008 08:31:43 GMT)
GIVING BACK: Accounting Aid Society
Today's subject: Accounting Aid Society's Tax Assistance Program The cause: Accounting Aid Society is a nonprofit agency that provides low-income people with free income tax and tax credit assistance, and access to financial information. (Sun, 02 Mar 2008 09:10:45 GMT)
Executives in accounting, advertising, finance, high tech and new media, law and real estate have all found new digs. ...
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, 02 Mar 2008 12:04:27 GMT)
Area accounting firms plot latest expansion plans
Midsize accounting firms throughout the region are taking on additional office space to make room for ongoing staff expansions. (Mon, 03 Mar 2008 05:10:56 GMT)
St. Louis accounting firms get cut of local gaming business
Local accounting firms are helping area casinos leave nothing to chance as they seek to comply with state reporting regulations. (Mon, 03 Mar 2008 05:11:06 GMT)
Research Firm Launches Accounting Outsourcing Blog
March 1, 2008 (SmartPros) FAO Research, Inc., an independent research firm focused on analyzing the finance & accounting outsourcing (FAO) and procurement outsourcing markets, has launched a blog dedicated to opening a dialogue among players in the outsourcing marketplace -- buyers, service providers, advisors, associations and the press. (Mon, 03 Mar 2008 07:22:14 GMT)
AES in Default Due to Restatement
AES Corp. will restate previously reported financial statements due to an accounting error and is in default under a credit line as a result, according a regulatory filing on Monday. (Mon, 03 Mar 2008 14:09:55 GMT)
Buffett slams US pensions accounting
Warren Buffett has criticised the heroic assumptions on future returns used by US corporations when accounting for the strength of their pension schemes in his 2007 letter to shareholders in his Berkshire Hathaway conglomerate, released over the weekend. (Mon, 03 Mar 2008 14:13:10 GMT)
Accounting firm opens
Shoreline Accounting and Tax Service, PLC, has opened an office in Whitehall. The business is accepting clients in small business accounting and consulting services, tax planning and preparation, payroll services, as well as individual tax returns. (Mon, 03 Mar 2008 15:14:32 GMT)
Force Protection Hires New Managers After Accounting Woes Surface
(AP) -- Armored vehicle maker Force Protection Incorporated shuffled management today, just three days after telling shareholders it had major accounting problems tied to recording inventory. (Mon, 03 Mar 2008 23:57:53 GMT)
Force Protection hires new managers after accounting woes surface
COLUMBIA (AP) -- Armored vehicle maker Force Protection Inc. shuffled management Monday, just three days after telling shareholders it had major accounting problems tied to recording inventory. (Tue, 04 Mar 2008 05:54:57 GMT)
South Africa: New Accounting Framework for Small Companies Simplifies Reporting
A NEW accounting framework released recently by the International Accounting Standards Board for small- and medium-sized enterprises (SMEs) will provide relief from many of the stringent reporting requirements. SA was the first country to adopt the new requirements. (Tue, 04 Mar 2008 09:03:23 GMT)
NXP switches to U.S. dollar accounting
Dutch chip company NXP BV (Eindhoven, The Netherlands) has announced that it plans to submit its financial results in U.S. dollars starting Jan. 1, 2008, "to be more aligned with the semiconductor market." (Tue, 04 Mar 2008 13:04:41 GMT)
Coeur Announces Appointment of Mitchell J. Krebs to Chief Financial Officer and Promotes Key Accounting Executives
Coeur d'Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) today announced the appointment of Mitchell J. Krebs, presently Senior Vice President - Corporate Development, to the position of Senior Vice President - Chief Financial Officer. Mr. Krebs will replace James A. Sabala, who will resign effective March 21, 2008 to pursue other opportunities. (Tue, 04 Mar 2008 14:00:00 GMT)
Forecast: Conservative hiring for finance, accounting firms
Six percent of accounting and finance executives in the Memphis area said they plan to add staff during the second quarter, according to a survey. (RHI) (Tue, 04 Mar 2008 16:16:44 GMT)
'E-Learning Course: Bank Branch Management - Bookkeeping and Accounting' Is an Essential Course to Help Users ...
DUBLIN, Ireland----Research and Markets has announced the addition of E-Learning Course: Bank Branch Management - Bookkeeping and Accounting to their offering. (Tue, 04 Mar 2008 18:29:00 GMT)
St. Louis companies anticipate hiring accounting, finance staff
A net 1 percent of chief financial officers in the St. Louis area are planning to hire additional accounting and finance staff during the second quarter, according to the most recent Robert Half International Inc. Financial Hiring Index. (RHI) (Tue, 04 Mar 2008 20:30:37 GMT)
Joseph Munnelly Named ARAMARK Senior Vice President, Controller and Chief Accounting Officer
PHILADELPHIA----ARAMARK Corporation, a world leader in professional services, today announced that Joseph Munnelly has been appointed Senior Vice President, Controller, and Chief Accounting Officer, reporting to Fred Sutherland, Executive Vice President and Chief Financial Officer, effective March 1. (Tue, 04 Mar 2008 21:15:00 GMT)
American Dental Partners Announces 2007 Financial Results, Provides Detail on Accounting for Litigation and Announces ...
American Dental Partners, Inc. announced financial results today for the quarter and year ended December 31, 2007. The Company's financial results reflect non-cash charges required by generally accepted accounting principles as a result of the previously announced settlement of the litigation among PDG, P.A., PDHC, Ltd., one of the Company's subsidiaries, and the Company effective February 29, ... (Tue, 04 Mar 2008 21:50:00 GMT)
Joseph Munnelly Named ARAMARK Senior Vice President, Controller and Chief Accounting Officer
ARAMARK Corporation, a world leader in professional services, today announced that Joseph Munnelly has been appointed Senior Vice President, Controller, and Chief Accounting Officer, reporting to Fred Sutherland, Executive Vice President and Chief Financial Officer, effective March 1. Munnelly, 43, replaces John Lafferty, 64, who has chosen to retire from the company. Munnelly joined ARAMARK as ... (Tue, 04 Mar 2008 21:52:25 GMT)
30 Attend Seminar On Accounting Standards
Bandar Seri Begawan - Thirty accountants and auditors are attending a two-day seminar on “Overview of Recent Developments in International Accounting and Financial Reporting Standards' that started yesterday. (Wed, 05 Mar 2008 00:45:07 GMT)
Accounting Firms Among Top Employers of New Grads
March 5, 2008 (SmartPros) Accounting firms are among the employers showing the most interest in this year's crop of new college graduates, a survey shows. (Wed, 05 Mar 2008 06:24:09 GMT)
Electronic accounting and settlement arrives in Bermudian reinsurance market
Technology in the Bermudian reinsurance market takes a leap forward with the arrival of electronic accounting and settlement messaging. Aspen Re has become the first underwriter on the island to successfully implement A&S together with two brokers - Aon and Benfield. (Wed, 05 Mar 2008 13:26:41 GMT)
Lucas Group Appoints New Accounting & Finance Managing Partner for the Atlanta Office
ATLANTA----Lucas Group, an executive search firm, recently appointed Jim Barnhill as Managing Partner for its Accounting & Finance branch in Atlanta, GA. (Wed, 05 Mar 2008 18:50:00 GMT)
Downtown accounting firm readies for move
One of Knoxville's top accounting firms is heading for West Knoxville. (Thu, 06 Mar 2008 05:05:54 GMT)
KPMG Named the Top Big Four Accounting Firm by CollegeGrad.com
College grad job seekers choose KPMG as their preferred employer among the Big Four accounting firms. Respondents selected KPMG as their first choice over PricewaterhouseCoopers, Deloitte & Touche and Ernst & Young. (Thu, 06 Mar 2008 07:00:00 GMT)
KPMG Named the Top Big Four Accounting Firm by CollegeGrad.com
College grad job seekers choose KPMG as their preferred employer among the Big Four accounting firms. Respondents selected KPMG as their first choice over PricewaterhouseCoopers, Deloitte & Touche and Ernst & Young. (PRWeb Mar 6, 2008) Read the full story at http://www.prweb.com/releases/20 (Thu, 06 Mar 2008 08:34:18 GMT)
Kass: Permabulls Blame Credit Crisis on Accounting
Whew! I guess we can all stop worrying now. (Thu, 06 Mar 2008 13:55:15 GMT)
SunOpta's Internal Probe Delays 10-K
SunOpta Inc., which sells personal care products as well as natural and organic foods, said Thursday it hired outside legal and accounting help as it responds to the fallout of a big write-down. (Thu, 06 Mar 2008 14:36:07 GMT)
2008 NORTH AMERICAN CONGRESS ON SOCIAL AND ENVIRONMENTAL ACCOUNTING RESEARCH
The Congress will be held in beautiful Montréal, Canada from July 7-9, 2008. The Centre for Social and Environmental Accounting Research (CSEAR) has held an annual conference in the UK (often referred to as the Summer School) for almost two decades. (Thu, 06 Mar 2008 18:16:37 GMT)
Plains Exploration & Production Accounting Chief Cynthia Feeback Sells 11,000 Shares
NEW YORK (AP) - The chief accounting officer and controller of Plains Exploration & Production Co., an oil and gas company, sold 11,000 shares of stock, according to a Securities and Exchange Commission filing Wednesday. (Thu, 06 Mar 2008 20:12:00 GMT)
Société Générale invokes special accounting rule to absorb Kerviel losses
The French bank moved the losses from 2008, when they actually occurred because of Jérôme Kerviel's actions, to 2007 - a move that has stirred debate about the lack of international rules. (Thu, 06 Mar 2008 20:14:56 GMT)
Audit Shows No Accounting Problem For Reading Church
An independent audit reveals no accounting problems for Saints Peter and Paul church in Reading. Last year, police investigated numerous complaints from parishioners about spending practices at the Catholic church. (Thu, 06 Mar 2008 22:26:52 GMT)
Navistar finally posts '06 earnings
Truckmaker Navistar International Corp. reported its long-overdue 2006 earnings Thursday, disclosing a $301 million profit for the year and pledging to have its annual filings current by mid-2008 after a long delay caused by accounting problems. (Fri, 07 Mar 2008 10:11:39 GMT)
Carrriers exposed to risk by accounting and reporting systems
Carriers are exposed to risk by creaky accounting and reporting systems, according to an IT expert. Michael Graham, director of insurance software specialists Sequel, says that forward-thinking insurance companies, such as Imagine, are role models for the market place. (Fri, 07 Mar 2008 10:56:41 GMT)
Breaking the Rules and Admitting It
When Société Générale’s moved its $9.7 billion loss from 2008 — when it occurred — to 2007, it created a furor in accounting circles about whether standards can be evenly applied. (Fri, 07 Mar 2008 11:40:20 GMT)
Accounting, finance hiring is projected to be on the upswing in second quarter
Financial hiring in San Antonio is expected to increase a net 4 percent in the second quarter of 2008, according to newly released survey results from Robert Half International. (RHI) (Fri, 07 Mar 2008 21:32:09 GMT)
Auditor wants CIA accounting
With less than a week left as the top U.S. auditor, David Walker is asking Congress again for a review of finances of the CIA and other intelligence agencies. (Fri, 07 Mar 2008 22:36:30 GMT)
Loophole Lets Bank Rewrite the Calendar
When Société Générale moved its $9.7 billion loss from 2008 — when it occurred — to 2007, it created a furor in accounting circles about whether standards can be evenly applied. (Sat, 08 Mar 2008 04:40:19 GMT)
Crowe wins workplace honors in 5 states, including Indiana
INDIANAPOLIS Crowe Chizek and Co., one of the largest U.S. public accounting and consulting companies, has been recognized by the Indiana Chamber of Commerce "Best Places to Work" program. It has four offices in the state, including one in Indianapolis. It also was recognized by similar programs in Kentucky, New Jersey, Tennessee and South Florida. (Sat, 08 Mar 2008 07:52:04 GMT)
Online tax chat today
The Enquirer is hosting an online chat with partners in a Hyde Park accounting firm to answer your tax questions. (Sat, 08 Mar 2008 10:31:11 GMT)
PTO meets deadline in accounting probe
TEXAS CITY — The treasurer of an elementary school parent-teacher organization met the school district’s deadline for turning over accounting records that are under scrutiny after other officers in the organization raised questions about its bookkeeping. (Sat, 08 Mar 2008 15:22:15 GMT)
Volunteer makes doing taxes stress-free for seniors
When Julie Wright resigned from her part-time position with a certified public accounting firm, she decided she would share her time and talents with the seniors who take advantage of the programs and facilities offered at the Arlington Heights Senior Center. (Sun, 09 Mar 2008 06:39:36 GMT)
About all those books that didn't get written
My Unwritten Books , by renowned literary critic George Steiner, is a work about work not done, writing not written. It is an extended confession on Steiner's part, a detailed accounting of seven separate books he wanted to write, but couldn't – but that he also couldn't simply forget about. (Sun, 09 Mar 2008 08:39:02 GMT)
Business & Finance
TIAG is five The International Accounting Group (TIAG), which has 86 members in 56 jurisdictions in over 155 offices, including Portman International from... (Sun, 09 Mar 2008 08:59:06 GMT)
TIAG is five
The International Accounting Group (TIAG), which has 86 members in 56 jurisdictions in over 155 offices, including Portman International from Malta, is celebrating its fifth anniversary. (Sun, 09 Mar 2008 08:59:16 GMT)
Senate committee seeks audit of Iraq oil money
Two senior members of the Senate Armed Services Committee have requested a full accounting of how Iraq is spending its soaring oil revenues. (Sun, 09 Mar 2008 09:29:06 GMT)
Audit of Iraq's oil cash sought
Two senior members of the Senate Armed Services Committee have requested a full accounting of how Iraq is spending its soaring oil revenues, amid starkly conflicting estimates of how much the country has invested in rebuilding its broken infrastructure and providing basic services to its (Sun, 09 Mar 2008 09:58:30 GMT)
Study, then off to Peace Corps
Graduate student Marie Barbaret was torn between finding a job in accounting — her undergraduate major — or continuing her education. Barbaret, 22, also wanted to follow her heart and join the Peace Corps in the Pacific Islands or in Latin America. (Sun, 09 Mar 2008 10:00:27 GMT)
Anxiety rising in schools
Kathy Diederich was pregnant with her second child when she decided accounting was no longer for her. (Sun, 09 Mar 2008 11:29:31 GMT)
PTO meets deadline in accounting probe
TEXAS CITY — The treasurer of an elementary school parent-teacher organization met the school district’s deadline for turning over accounting records that are under scrutiny after other officers in the organization raised questions about its bookkeeping. (Sun, 09 Mar 2008 13:39:02 GMT)
Fraud Scene Investigator
People don’t normally try to kill you for doing their taxes, but forensic accounting is a whole different ball game. (Mon, 10 Mar 2008 04:00:00 GMT)
Law and accounting briefs
ACCOUNTING Deloitte moving to Wachovia Tower After 32 years in the Regions Bank building downtown, accounting firm Deloitte & Touche LLP is moving its Birmingham office to the Wachovia Tower across the street. (Mon, 10 Mar 2008 04:05:54 GMT)
Two members of U.S. Senate panel request accounting of Iraq spending
Addressed to the U.S. Government Accountability Office, the letter asks how Iraq is spending soaring oil revenue amid conflicting estimates of how much the country has invested in reconstruction. (Mon, 10 Mar 2008 10:07:23 GMT)
Blue Nile CFO Robin Easton Resigns
Blue Nile Inc. said Monday Chief Financial Officer Robin Easton has resigned, effective March 31. Terri Maupin, vice president of finance and controller, will handle the responsibilities of the principal financial and accounting officer when Easton's resignation takes effect, the online jewelry retailer said. (Mon, 10 Mar 2008 10:49:59 GMT)
PTO meets deadline in accounting probe
TEXAS CITY — The treasurer of an elementary school parent-teacher organization met the school district’s deadline for turning over accounting records that are under scrutiny after other officers in the organization raised questions about its bookkeeping. (Mon, 10 Mar 2008 11:55:08 GMT)
United Rentals Enters Into Memorandum of Understanding for Settlement of 2004 Accounting Class Action Litigation
GREENWICH, Conn.----United Rentals, Inc. today announced that it has entered into a memorandum of understanding with lead plaintiff's counsel to settle three purported class action lawsuits that were filed following the August 2004 announcement of an SEC inquiry concerning the company's historical accounting practices. (Mon, 10 Mar 2008 13:00:00 GMT)
United Rentals in MOU to settle accounting class action lawsuits
United Rentals Inc said it entered into a memorandum of understanding to pay $27.5 million in cash to settle class action lawsuits that were filed following a SEC inquiry in 2004 concerning the company's historical accounting practices. (Mon, 10 Mar 2008 13:25:23 GMT)
U.S. senators seek full accounting of Iraq oil revenue
Two senior members of the U.S. Senate Armed Services Committee have made the request amid starkly conflicting estimates of how much the country has invested in rebuilding. (Mon, 10 Mar 2008 13:49:04 GMT)
Achievers
Monday, March 10, 2008 In the SchoolsMolly Walker of Billings was named to the fall 2007 semester dean's list at Bentley College. Walker is a sophomore majoring in corporate finance and accounting. (Mon, 10 Mar 2008 14:08:40 GMT)
United Rentals Reaches Settlement
United Rentals Inc. said Monday that it agreed to settle three shareholder lawsuits related to a Securities and Exchange Commission inquiry into the equipment rental company's past accounting practices for $27.5 million cash. (Mon, 10 Mar 2008 14:18:33 GMT)
APS hopes to fix accounting problems
The Albuquerque school district hopes a new superintendent will be able to fix problems in its accounting department. Currently, an outside audit is being presented to school leaders. (Tue, 11 Mar 2008 00:33:40 GMT)
U.N. reports sharp rise in Afghanistan attacks
Militant attacks in Afghanistan increased dramatically last year, with civilians accounting for nearly a fifth of people killed, the U.N. secretary-general said in a new report. (Tue, 11 Mar 2008 04:47:12 GMT)
PTO meets deadline in accounting probe
TEXAS CITY — The treasurer of an elementary school parent-teacher organization met the school district’s deadline for turning over accounting records that are under scrutiny after other officers in the organization raised questions about its bookkeeping. (Tue, 11 Mar 2008 05:39:53 GMT)
Accounting system at focus of today's No. Hampton selectmen race
NORTH HAMPTON — Voters are asked to use their ballot to define the role of the Board of Selectmen in today's election. (Tue, 11 Mar 2008 10:19:05 GMT)
Friends Provident Posts Second-Half Loss on Costs, Accounting
March 11 (Bloomberg) -- Friends Provident Plc , the 176-year- old insurer that is selling units to shore up its financing, posted a second-half loss after changing how it books some costs. The company said its chief financial officer is leaving. (Tue, 11 Mar 2008 11:56:29 GMT)
Schawk to Delay 4Q, Full-Year Results
Schawk Inc. said it will delay its fourth-quarter and full-year results in order to review various accounting issues. The provider of digital imaging graphic services was supposed to release its financial results Tuesday. (Tue, 11 Mar 2008 12:12:06 GMT)
Accounting Seminar Reviews Income Tax Deductions for Day Traders
Traders Accounting, the largest online resource for day trading services and day trader tax planning, has announced future accounting seminars in Bloomington, Minnesota on March 25, 2008 for business owners and day traders. (Tue, 11 Mar 2008 16:59:00 GMT)
Sciele Pharma, Inc. Announces Change of Independent Registered Public Accounting Firms
Sciele Pharma, Inc. (Nasdaq: SCRX) today announced that the Audit Committee of its Board of Directors has dismissed BDO Seidman LLP as the Company's independent registered public accounting firm and has engaged KPMG LLP as its new independent registered public accounting firm. (Tue, 11 Mar 2008 20:24:20 GMT)
Accounting Challenge Offers Up to $2,000 Prize
March 12, 2008 (SmartPros) Career site JobsintheMoney.com is inviting accounting and finance professionals to enter its monthly accounting challenge for a chance to win up to $2,000. (Wed, 12 Mar 2008 06:22:34 GMT)
Accounting manager accused of taking $246,000
SHERWOOD -- A 44-year-old Tualatin woman has been arrested and charged with embezzling $246,000 from a Sherwood company where she formerly worked as an accounting manager. (Wed, 12 Mar 2008 07:05:56 GMT)
Mortgage applications fall, MBA says
Volume dropped 1.9% in the week ending March 7, with refinance accounting for half of total applications, according to trade group survey. (Wed, 12 Mar 2008 12:09:15 GMT)
Wicomico Hires Accounting Firm To Probe Theft
Wicomico County is hiring a forensic accounting firm from Baltimore County to further probe the thefts of diesel fuel. (Wed, 12 Mar 2008 12:42:22 GMT)
Sage Software Launches Sage BusinessVision 50 Accounting Version 7.2 for Growing Small Businesses
Sage Software announced today a new version of its business management solution for growing small businesses, Sage BusinessVision 50 Accounting 7.2. This latest release includes an extensive list of customer-focused enhancements designed to deliver a better, more intuitive user experience, along with many new performance improvements and features in several modules, which further demonstrate ... (Wed, 12 Mar 2008 13:00:00 GMT)
Advent Named Leading Provider of Fund Accounting and Reporting Systems by The Hedge Fund Journal
Advent Software, Inc., the award-winning provider of software and solutions for the investment management industry, today announced that it has been named "Leading Provider of Fund Accounting and Reporting Systems" by The Hedge Fund Journal. (Wed, 12 Mar 2008 13:15:00 GMT)
Wicomico To Hire Accounting Firm To Probe Landfill Theft
Wicomico County is hiring a forensic accounting firm from Baltimore County to further probe the thefts of diesel fuel, truck tires and automotive parts at the county landfill. (Wed, 12 Mar 2008 14:07:33 GMT)
WellPoint's chief accounting officer resigns
CHICAGO (Reuters)—WellPoint Inc. said Wednesday that Jamie Miller, its chief accounting officer, resigned effective April 4 and will take the same position at General Electric Co. (Wed, 12 Mar 2008 16:13:43 GMT)
WellPoint accounting exec going to GE
Jamie Miller announced her plans to resign as WellPoint's chief accounting officer on Tuesday, the day the Indianapolis-based health insurance giant's stock plunged 28 percent on news the company had slashed its profit forecast for the year. (Wed, 12 Mar 2008 18:20:04 GMT)
Survey Shows Outsource Partners International ``Has the Happiest Customers´´ in Finance & Accounting Outsourcing
Outsource Partners International, Inc. (OPI), a leading provider of finance, accounting & tax business (Wed, 12 Mar 2008 18:58:44 GMT)
Accounting Company Liable For Damages
Accounting company BDO International should have to pay part of $521 million in damages that an allied U.S. firm owes a bank, an appeals court ruled Wednesday. (Thu, 13 Mar 2008 04:17:42 GMT)
WellPoint accounting chief is moving on
WellPoint Chief Accounting Officer Jamie Miller's career with the Indianapolis-based health insurance giant will be a short one. (Thu, 13 Mar 2008 06:51:54 GMT)
Accounting Squared Presents a Free Seminar for Small Business Owners
CARY, N.C.----"Small business owners can make business decisions based on knowledge rather than rough guesswork," explains Mike Woolard, Partner at Accounting Squared. "Firms with 5-80 employees, with properly configured accounting books, have access to profitability by job, actual vs. budget, and KPI reports. (Thu, 13 Mar 2008 11:57:00 GMT)
Aspen Technology Announces Appointment of New Independent Registered Public Accounting Firm
BURLINGTON, Mass.----Aspen Technology, Inc. , a leading provider of software and services to the process industries, today announced that its Audit Committee appointed KPMG LLP to serve as the Company's independent registered public accounting firm for the current fiscal year ending June 30, 2008, and has filed a Form 8-K today with the SEC to this effect. (Thu, 13 Mar 2008 12:20:00 GMT)
Aspen Technology switches accounting firms
After recently being delisted from the Nasdaq stock exchange, software company Aspen Technology Inc. said today it's switching to a different independent accounting firm. (Thu, 13 Mar 2008 14:26:31 GMT)
An unforgiving eye: Bankers cry foul over fair value accounting rules
Accounting rules rarely top senior executives’ agendas. But when Axa , the mighty French insurance firm, recently unveiled its results, its bosses were unusually outspoken in voicing their criticism of bean-counters. (Thu, 13 Mar 2008 20:24:03 GMT)
Accounting scandal hits House GOP campaign committee
An accounting scandal at the Republican Party's House campaign organization has federal agents investigating what happened to hundreds of thousands of dollars and could affect several congressional campaigns, party officials said Thursday. (Thu, 13 Mar 2008 21:40:52 GMT)
AIG urges rethink on ‘fair value’ accounting
American International Group is urging regulators to change controversial accounting rules on asset valuations to stem the tide of writedowns that have wreaked havoc on Wall Street. (Thu, 13 Mar 2008 22:05:17 GMT)
Global or Local? For Accounting Firms, It All Depends
That big accounting firm may boast having offices around the world — until an office is sued. (Fri, 14 Mar 2008 12:38:49 GMT)
KBS Accounting Firm Official Accountant and CPA of Carolina RailHawks Pro Soccer Teams
CARY, NC (Friday, March 14, 2008) - KBS Accounting Firm, owned and managed by Gloria Kimbrough, has been named the Official Accountant and CPA of Triangle Professional Sports, LLC, the collective ownership group of the Carolina RailHawks. (Fri, 14 Mar 2008 14:29:58 GMT)
Accounting and Consultancy
International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) will soon become the basis of financial reporting for public companies in Canada. (Fri, 14 Mar 2008 15:24:46 GMT)
VeraSun Names New Accounting Chief
VeraSun Energy Corp. said Friday it has appointed Bryan Meier as vice president of finance and chief accounting officer. (Fri, 14 Mar 2008 17:17:17 GMT)
Global or Local? For Accounting Firms, It All Depends
That big accounting firm may boast having offices around the world — until an office is sued. (Sat, 15 Mar 2008 01:42:19 GMT)
Lucas Group Appoints New Accounting & Finance Managing Partner for the Atlanta Office
Lucas Group, an executive search firm, recently appointed Jim Barnhill as Managing Partner for its Accounting & Finance branch in Atlanta, GA. (Sat, 15 Mar 2008 08:52:38 GMT)
Public is due an accounting of Superferry exemption
As the Hawaii Superferry remains in dry dock, so too does an accounting to the public about how the decision to exempt its operations from environmental reviews came to be made. (Sat, 15 Mar 2008 12:55:13 GMT)
Sanctity of accounting standards
Under section 145 of the Income-tax Act, 1961, certain accounting standards have been made mandatory while computing the taxable income. (Sun, 16 Mar 2008 03:44:00 GMT)
Local accounting firm hires 6 new employees
McGill, Power, Bell Associates, LLP, a certified public accounting firm, has hired six new employees. (Sun, 16 Mar 2008 07:06:47 GMT)
Bodies corporate lose millions in managing agent's accounting botch
As a sectional title owner, you might feel secure knowing that a managing agent is collecting levies and handling the complex's finances on behalf of the body corporate. But how sure are you that your managing agent is suitably qualified for the job? And what happens if your body corporate entrusts the functions of a managing agent to someone or an entity that does not act professionally? (Sun, 16 Mar 2008 10:25:09 GMT)
Sage Releases New Accounting Software for Small Businesses
Canada-based Sage Software has introduced a new version of its business management application that is aimed specifically at the rapidly growing small businesses segment. (Mon, 17 Mar 2008 06:44:07 GMT)
SEC Must Approve Automakers' Accounting Methods Before VEBA Can Take Effect
The Securities and Exchange Commission must approve General Motors' and Ford Motor's accounting methods before voluntary employees' beneficiary association plans can take effect, the Detroit Free Press reports. (Mon, 17 Mar 2008 08:04:51 GMT)
ACCOUNTING FOR INFRASTRUCTURE - LINKGUARD MAKES TOP APPOINTMENT
LONDON, APRIL 17, 2000: Young Web infrastructure player, LinkGuard, has appointed David Hearn (37) as finance director. He will be responsible for LinkGuard's finance, accounting and funding functions. Franck Jeannin, CEO of LinkGuard, said: "David's appointment underlines our commitment to disciplined... (Mon, 17 Mar 2008 08:36:55 GMT)
Accounting: Job Opportunities You Can Count on Right Now
The accounting industry boasted almost 30,000 new jobs in the fourth quarter of 2007 alone, despite persisting talks of a potential U.S. economic recession. (Mon, 17 Mar 2008 12:30:00 GMT)
BVI to Adopt New Accounting Method
This British Caribbean dependency is adopting an accounting policy preferred by the private sector to better reflect its wealth and obligations, the territory's top financial official said Sunday. (Mon, 17 Mar 2008 13:06:44 GMT)
Correction: March 13 UCBH Story
In a March 13 story about UCBH Holdings Inc., The Associated Press reported erroneously that the company's month-long search for a new auditor was prompted by PricewaterhouseCoopers LLP declining to continue as its accounting firm. (Mon, 17 Mar 2008 13:42:19 GMT)
NZ budget plunges into red after accounting error
An embarrassing accounting error wrongly plunged the New Zealand budget balance $NZ394m (₤157m) into the red in January – the first time the country has recorded a deficit in 15 years. (Tue, 18 Mar 2008 08:13:51 GMT)
Accounting error to hit Blacks Leisure
Outdoor clothing retailer Blacks Leisure has warned that accounting discrepancies at its Sandcity unit will lead to pre-tax profit missing current forecasts by £1m in both 2007/8 and 2008/9. (Tue, 18 Mar 2008 08:21:00 GMT)
Blacks suspends director after accounting fault
British outdoor clothing retailer Blacks Leisure has suspended one of its directors after finding profits for 2007-8 and 2008-9 would be below forecasts because of accounting discrepancies. (Tue, 18 Mar 2008 08:43:32 GMT)
NZ budget plunges into red after accounting error
AccountancyAge.com, Accountancy Age , Tuesday 18 March2008 at 00:00:00 An accounting error by the NZ tax authority, plunged the country'sbudget into the red for the first time in 15 years An embarrassing accounting error wrongly plunged the New Zealand budgetbalance $NZ394m (₤157m) into the red in January - the first time thecountry has recorded a deficit in 15... > (Tue, 18 Mar 2008 09:19:45 GMT)
Antony dedicates online equipment accounting system to IAF
Defence Minister A K Antony today dedicated to IAF an online equipment accounting system, which will provide the force with paperless logistics and inventory management. (Tue, 18 Mar 2008 10:04:46 GMT)
Blacks Slides to 12-Year Low After Accounting `Discrepancies'
March 18 (Bloomberg) -- Blacks Leisure Group Plc , the U.K.'s largest retailer of outdoor gear, dropped to a 12-year low in London trading after saying accounting ``discrepancies'' at its Sandcity unit caused profit to miss analysts' estimates. (Tue, 18 Mar 2008 10:12:00 GMT)
Blacks suspends director after accounting error
AccountancyAge.com, Accountancy Age , Tuesday 18 March 2008 at 00:00:00 Outdoor clothing retailer Blacks Leisure has suspended a director because of an accounting discrepancy Outdoor clothing retailer Blacks Leisure has suspended director Darren Spurling after finding profits for 2007/08 and 2008/09 would be below forecasts because of accounting discrepancies.... > Read the full ... (Tue, 18 Mar 2008 10:20:08 GMT)
Blacks discovers accounting problems
Shares in Blacks Leisure tumbled 14 per cent in opening trading on Tuesday as the outdoor clothing and sportswear retailer suspended one of its directors after discovering “accounting discrepancies”. (Tue, 18 Mar 2008 10:20:18 GMT)
Kale to provide airmail revenue accounting service to Finnair
Information technology firm Kale Consultants on Tuesday said it has bagged its first airmail accounting BPO contract from Finnair Cargo, a cargo carrier in northern Europe. (Tue, 18 Mar 2008 10:56:50 GMT)
AIG's Sullivan Seeks Accounting Rule Change After Writedowns
March 18 (Bloomberg) -- American International Group Inc. Chief Executive Officer Martin Sullivan is seeking to relax accounting rules that forced the world's biggest insurer by assets to write down $11.1 billion on debt securities in the fourth quarter. (Tue, 18 Mar 2008 11:44:39 GMT)
Calpine chief accounting officer leaving
Calpine Corp. said Tuesday that Charles B. Clark Jr., senior vice president and chief accounting officer, will leave the company at the end of May. (CPN) (Tue, 18 Mar 2008 21:17:10 GMT)
U.S. credit crisis an accounting problem, says Mobius
The U.S. financial system's credit crisis is essentially an "accounting problem" caused by regulation requiring banks to mark down their mortgage assets to market prices, even though trading in the securities is so illiquid there are no reliable market prices, top fund manager Mark Mobius said in an interview. (Tue, 18 Mar 2008 21:32:00 GMT)
Accounting chiefs defend ‘fair value’ system
Accounting rulemakers have defended the use of “fair value” accounting against attacks from bankers and insurers, who claim that applying it to financial instruments in the current turmoil risks undermining the financial system. (Tue, 18 Mar 2008 21:45:29 GMT)
Opportunities in Accounting
SADDLE BROOK, N.J. -- The accounting industry boasted almost 30,000 new jobs in the fourth quarter of 2007 alone, despite persisting talks of a potential U.S. economic recession. (Wed, 19 Mar 2008 02:43:46 GMT)
Imperial Tobacco sees accounting hit
Imperial Tobacco said on Wednesday trading remained in line with its expectations but that it would take a 140 million pound hit from acquisition-related accounting adjustments. (Wed, 19 Mar 2008 08:02:00 GMT)
19.3.2008: Meldung: Chief Accounting Officer To Leave Calpine
Calpine Corporation announced today that Charles B. Clark Jr., Senior Vice President and Chief Accounting Officer, will be leaving the company effective May 30, 2008. The company has initiated a search for his replacement and Mr. Clark will be available to assist in the transition for a period of time after May 30, 2008. (Wed, 19 Mar 2008 08:38:30 GMT)
Blacks suspends director in accounting inquiry
Hiking and camping retailer uncovers 'accounting discrepancies' that will halve its profits this year (Wed, 19 Mar 2008 09:18:31 GMT)
Blacks suspends director after accounting error
AccountancyAge.com, Accountancy Age , Tuesday 18 March2008 at 00:00:00 Outdoor clothing retailer Blacks Leisure has suspended a directorbecause of an accounting discrepancy Outdoor clothing retailer Blacks Leisure has suspended director DarrenSpurling after finding profits for 2007/08 and 2008/09 would be below forecastsbecause of accounting discrepancies.... (Wed, 19 Mar 2008 10:18:42 GMT)
Biased Expectations: Can Accounting Tools Lead to, Rather than Prevent, Executive Mistakes?
Accounting techniques like budgeting, sales projections and financial reporting are supposed to help prevent business failures by giving managers realistic plans to guide their actions and feedback on their progress. At least that's the theory. But when Gavin Cassar, a Wharton accounting professor, tested this idea, he found something troubling: Some accounting tools not only fail to help ... (Wed, 19 Mar 2008 19:02:46 GMT)
IIM-C, CIMA centre for management accounting
The Indian Institute of Management Calcutta has joined hands with the Chartered Institute of Management Accountants, London , to set up a Centre for Management Accounting at the IIM-C campus. (Wed, 19 Mar 2008 20:19:42 GMT)
Briefs: Baker delays reporting, blames accounting errors
Michael Baker Corp. asked the Securities and Exchange Commission for an extension to file its annual report, blaming accounting errors related to improper revenue recognition in domestic energy services projects. (Thu, 20 Mar 2008 04:00:55 GMT)
Accounting firm merger creates major force
The merger between accounting firms Thomas Westcott and Davison Bedworth will bring together 18 partners and 180 staff in offices across Devon with as the North Devon area is served by 70 staff in Barnstaple, Bideford, Ilfracombe and Holsworthy. (Thu, 20 Mar 2008 07:43:55 GMT)
Accounting firm merger creates major force
AccountancyAge.com, Accountancy Age , Thursday 20 March 2008 at 00:00:00 The merger between Thomas Westcott and David Bedworth is expected to create a major force in North Devon The merger between accounting firms Thomas Westcott and Davison Bedworth will bring together 18 partners and 180 staff in offices across Devon with as the North Devon area is served... > Read the full ... (Thu, 20 Mar 2008 08:04:58 GMT)
IASB defends use of ‘fair value’ accounting
AccountancyAge.com, Accountancy Age , Thursday 20 March 2008 at 00:00:00 IASB defends the use of 'fair value' accounting against attacks from bankers and insurers The International Accounting Standards Board has defended the use of 'fair value' accounting against attacks from bankers and insurers who face heavy writedowns as markets come to a standstill and values drop.... > Read ... (Thu, 20 Mar 2008 08:05:18 GMT)
IASB defends use of ‘fair value’ accounting
The International Accounting Standards Board has defended the use of ‘fair value’ accounting against attacks from bankers and insurers who face heavy writedowns as markets come to a standstill and values drop. (Thu, 20 Mar 2008 08:13:42 GMT)
Watchdogs push for accounting rules review
Penny Sukhraj, Accountancy Age , Thursday 20 March 2008 at 00:00:00 Regulatory watchdogs including the Financial Services Authority and the US Federal Reserve are proposing a review of accounting rules following the credit crunch The news comes in the wake of the collapse of US investment bank Bear Stearns, brought down by the sub-prime crisis.... > Read the full article ... (Thu, 20 Mar 2008 11:19:58 GMT)
Dillard's Restates Earnings Due to 'Error' in CDI Accounting
Dillard's Inc. of Little Rock restates past earnings, citing an "error" in accounting at CDI Contractors, the construction firm it partly owns. (Thu, 20 Mar 2008 12:08:48 GMT)
Bell Microproducts Appoints Marc Blouin as Vice President of Finance and Chief Accounting Officer
SAN JOSE, Calif., March 20, 2008 -- Bell Microproducts Inc. , one of the world's largest value-added distributors of storage and computing technology, today announced that Marc Blouin has been named vice president, finance and chief accounting officer. (Thu, 20 Mar 2008 17:30:00 GMT)
New US derivatives accounting rule
NEW YORK: The Financial Accounting Standards Board, which sets US accounting rules, on Wednesday issued a new rule requiring firms to say more about how complex derivatives and hedges affect their financial statements. (Thu, 20 Mar 2008 23:45:37 GMT)
CYMA Accounting Software Announces Special Pricing for Charitable Organizations
CYMA Accounting Software is offering special pricing for charitable organizations. Through 2008, qualifying 501(c)(3) charitable organizations can purchase CYMA's award winning nonprofit accounting software at a significant discount. (PRWeb Mar 21, 2008) Read the full story at http://www.prweb.com/releases/20 (Fri, 21 Mar 2008 07:08:11 GMT)
Dallas Housing Authority's accounting problems had been noted before
Accounting problems at the Dallas Housing Authority were documented for two years before an audit of its 2005 books led to turmoil at the agency. (Fri, 21 Mar 2008 07:47:09 GMT)
Lofty Pledge to Cut Emissions Comes With Caveat in Norway
Critics say Norway?s plan to drastically reduce its greenhouse gas emissions does not do enough to meaningfully reduce emissions but relies on sleight-of-hand accounting. (Sat, 22 Mar 2008 02:53:30 GMT)
Find UK Accountant Re-Launches its Online Accounting Directory
Find UK Accountant is a directory of accountants in the United Kingdom. If you require an accountant for personal tax planning or company accounts, then Find UK Accountant can be used to locate your nearest accounting firm. (Sat, 22 Mar 2008 07:01:00 GMT)
Find UK Accountant Re-Launches its Online Accounting Directory
Find UK Accountant is a directory of accountants in the United Kingdom. If you require an accountant for personal tax planning or company accounts, then Find UK Accountant can be used to locate your nearest accounting firm. (PRWeb Mar 22, 2008) Read the full story at http://www.prweb.com/releases/20 (Sat, 22 Mar 2008 07:19:00 GMT)
Student loans and credit card debt kept them going when they were in school.
The profile Leah Kelly, 29, and her husband Lamar, 30, have two children: ages 1 and 3 years old. After nearly completing her degree in accounting, she decided to stay at home with her newborn daughter. Result: She had $30,000 in student loan debt and was unemployed. (Sat, 22 Mar 2008 11:44:36 GMT)
Palmetto Bank appoints senior accounting officer
Lisa M. Marinelli has been named senior accounting officer for finance at The Palmetto Bank. (Sun, 23 Mar 2008 02:51:51 GMT)
How I got the job: Lyndsey Gewecke
About the employer: PricewaterhouseCoopers is an international public accounting firm. My role: As an associate auditor, my role is to check to make sure the company we’re auditing is following regulations. Verifying financial statements — finding the truth behind those financials — provides potential investors with a feeling of comfort and trust. Right now, I focus on auditing mutual fund ... (Sun, 23 Mar 2008 03:32:15 GMT)
Answers from tax chat
Here are some of the questions and answers from this morning's Tax Chat on Cincinnati.Com from Crystal Faulkner and Tom Cooney, of the Hyde Park accounting firm of Cooney Faulkner and Stevens. (Sun, 23 Mar 2008 09:31:01 GMT)
'Golf Capital of Tennessee'
A small town on the Cumberland Plateau of about 10,500 residents, Crossville sports an abundance of 11 golf courses, accounting for nearly 500,000 rounds of golf played per year. (Sun, 23 Mar 2008 09:42:03 GMT)
Multicultural hubs on the rise
SUBURBAN multicultural hubs are on the rise, with overseas-born residents accounting for more than 50 per cent of the population in some suburbs. (Sun, 23 Mar 2008 13:00:00 GMT)
Flashback March 24, 2000-2004
With Northern Marianas residents accounting for big volume of imported items purchased from the mainland United States through electronic commerce, the CNMI government is joining hands with close to 20 countries in a global fight against Internet shopping scam. (Sun, 23 Mar 2008 14:11:09 GMT)
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