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SEC is investigating accounting errors
Federal securities regulators are investigating Westmoreland Coal Co. for accounting errors that have forced the company to revise its earnings twice in the past 16 months. (Tue, 01 Apr 2008 03:29:56 GMT)

Event: Financial Reporting Symposium Features Top Accounting Authorities
April 1, 2008 (SmartPros) The upcoming 28th Financial Reporting Symposium, sponsored by the Houston CPA Society, will feature top authorities from the Securities and Exchange Commission, the Financial Accounting Standards Board, and other oversight boards. (Tue, 01 Apr 2008 05:34:26 GMT)

Watson Wyatt to Present Pension Accounting Webcast
WASHINGTON, Mar 31, 2008 (BUSINESS WIRE) (SmartPros) Watson Wyatt Worldwide, a global consulting firm, will present a Webcast hosted by Citi Investment Research on pension accounting and changes that may result from future pension accounting reform. (Tue, 01 Apr 2008 05:34:36 GMT)

Accounting and Consultancy
In this edition of RSL issues, we examine how recent changes to reporting standards and accounting practices affect the RSL sector. We also look at the business plan model, and compare bonus levels in housing associations with other sectors. (Tue, 01 Apr 2008 08:25:10 GMT)

PetroFalcon Had Loss in 2007 Amid Accounting Change (Update1)
April 1 (Bloomberg) -- PetroFalcon Corp. , a Canadian oil and gas company doing business in Venezuela, said it had a net loss of $3.6 million in 2007 as it changed accounting methods. (Tue, 01 Apr 2008 16:08:54 GMT)

Magellan Aerospace Q4 loss doubles to $4.9M on accounting errors, misstatements
Romina Maurino, The Canadian Press April 1, 2008 - 2:16 p.m. TORONTO - Accounting errors and misstatements uncovered by Magellan Aerospace Corp. (TSX:MAL) pushed up its net loss last year to $11.3 million, including $4.9 million in the fourth quarter, the company said Tuesday. (Tue, 01 Apr 2008 18:25:24 GMT)

FTI Consulting acquires London-based Forensic Accounting
The acquisition further extends FTI's ability to serve clients in the UK and Europe. FTI Consulting, Inc., the global business advisory, said is has acquired Forensic Accounting LLP, a London-based consultancy which enhances its UK presence and breadth of service offerings. (Tue, 01 Apr 2008 20:00:37 GMT)

Magellan Aerospace Q4 loss doubles to $4.9M on accounting errors, misstatements
Romina Maurino, The Canadian Press April 1, 2008 - 5:37 p.m. TORONTO - Magellan Aerospace Corp. (TSX:MAL) said Tuesday that recently uncovered accounting errors and misstatements pushed up its net loss last year to $11.3 million, including $4.9 million in the fourth quarter. (Tue, 01 Apr 2008 21:55:24 GMT)

Ambler Main Street will institute new, more strict accounting policies
The public, elected officials and Ambler Main Street investors can be 'assured that moving forward there will be proper accounting for how dollars donated are spent.' (Wed, 02 Apr 2008 05:44:28 GMT)

Accounting and Consultancy
United Kingdom - Accounting and Consultancy - Financial Reporting - A Briefing For Finance Directors, March 2008 - Smith & Williamson - We look at the impact recent revisions to IFRS will have on both accounting practices and future acquisitions. (02/04/2008 09:00:14) (Wed, 02 Apr 2008 08:25:03 GMT)

Accounting and Consultancy
United Kingdom - Accounting and Consultancy - SWift - News And Views For Lawyers And Solicitors - Just One Click - Smith & Williamson - In recent years, employers have become increasingly vulnerable to resentful employees misusing or stealing electronic data. (02/04/2008 09:00:14) (Wed, 02 Apr 2008 08:25:22 GMT)

Greenbrier Appoints James Cruckshank as Chief Accounting Officer
The Greenbrier Companies today announced the appointment of James Cruckshank as Senior Vice President & Chief Accounting Officer. (Wed, 02 Apr 2008 10:00:00 GMT)

Verifone CFO Quits Amid Accounting Woes
VeriFone Holdings Inc. Chief Financial Officer Barry Zwarenstein resigned amid accounting issues that reduced the company's reported operating profit in the first nine months of fiscal 2007 by more than 80 percent. (Wed, 02 Apr 2008 12:09:37 GMT)

(AFX UK Focus) 2008-04-02 13:22 GMT: VeriFone completes accounting probe, delays filings; CFO resigns
BOSTON (Thomson Financial) - VeriFone Holdings Inc. Wednesday said it completed an independent investigation into its accounting and financial controls following the company's Dec. 3, 2007, announcement that it would restate results and said that its chief financial officer resigned. (Wed, 02 Apr 2008 12:47:27 GMT)

Greenbrier appoints James Cruckshank as chief accounting officer
The former chief financial officer for MathStar is the new senior vice president and chief accounting officer for The Greenbrier Cos. (GBX) (MATH) (Wed, 02 Apr 2008 16:42:33 GMT)

The Hindu Business Line : The standard makes hedge accounting difficult
AS-30 has a whole set of rules on hedge accounting. The rules are pretty stringent and in many cases it may be impossible to apply hedge accounting because the rules cannot be complied with. This may be so, even if there was a perfect economic hedge. (Wed, 02 Apr 2008 18:47:07 GMT)

Accounting regulator ‘consults too much’
The accounting regulator should cut back on its consultations, a senior accountant has said, warning that the volume of papers and proposals is creating an extra burden for firms. (Wed, 02 Apr 2008 23:10:27 GMT)

PEKIN: Hospital's accounting department brings down alleged embezzler
PEKIN - The work of Pekin Hospital's accounting department may have led to the discovery of alleged embezzlement by a former state treasurer's office employee. (Thu, 03 Apr 2008 02:16:23 GMT)

CPA to be 1st woman to lead top accounting firm
The accounting firm Clifton Gunderson is promoting Milwaukee partner Krista McMasters to chief executive officer, making her the first woman to lead a top 25 accounting firm, according to the American Institute of Certified Public Accountants. (Thu, 03 Apr 2008 03:04:41 GMT)

Amherst Accounting Error
In the Town of Amherst, a major accounting mistake has been detected by the newly appointed comptroller. Hundreds of thousands of tax dollars that were supposed to be passed on to the school districts, like Williamsville, Sweet Home and Amherst, never made it. (Thu, 03 Apr 2008 04:10:09 GMT)

Basic Earth Science appoints interim principal accounting officer
Basic Earth Science Systems, an oil and gas exploration company, has appointed Joseph Young as its interim principal accounting officer. (Thu, 03 Apr 2008 10:22:12 GMT)

Beers + Cutler Ranks Among the Top 25 Accounting and Consulting Firms for Growth Nationally
Beers + Cutler, the leading accounting and consulting firm focused on the Washington, DC region is pleased to announce that it has been recognized as one of the 25 fastest growing firms in the United States according to Accounting Today's annual "Top 100 Firms" report. (Thu, 03 Apr 2008 12:26:00 GMT)

(AFX UK Focus) 2008-04-03 13:24 GMT: VCG Holding names Donald Prosser interim chief financial and accounting officer
NEW YORK (Thomson Financial) - VCG Holding Corp. Thursday named Donald Prosser interim chief financial and accounting officer. (Thu, 03 Apr 2008 12:47:27 GMT)

SEC Content Released onto the FASB Accounting Standards Codification(TM) for the Verification Phase
NORWALK, Conn.----The Financial Accounting Standards Board has released selected portions of Securities and Exchange Commission and SEC staff content onto the FASB Accounting Standards CodificationTM for reference by public companies. (Thu, 03 Apr 2008 15:27:00 GMT)

Accounting course to open up new avenues
For those of you who have just appeared for the twelfth standard exams and feel you have some aptitude with numbers, accounting is all set to offer an all-new avenue. (Thu, 03 Apr 2008 21:49:10 GMT)

Students get insight into accounting jobs
HACKETTSTOWN -- During the last several years, as career opportunities for certified public accountants have expanded dramatically, accounting has become one of the fastest growing majors in American colleges and universities. (Fri, 04 Apr 2008 04:34:02 GMT)

Congestion Pricing Critics See A $1 Billion Accounting Trick
ALBANY — Critics of Mayor Bloomberg's congestion pricing plan are charging that the revised legislation under consideration in Albany rests on an accounting trick that makes it appear as if the Port Authority of New York and New Jersey would share in the costs by contributing $1 billion toward the program. In fact, as critics of congestion pricing are pointing out, the $1 billion is not a new ... (Fri, 04 Apr 2008 05:43:13 GMT)

Ex-Oregon accounting official admits stealing school aid
A former accounting director for the Oregon Department of Education pleaded guilty Thursday to stealing nearly $1 million of federal school funds and agreed to give up all his money, his house and potentially his retirement account to pay it back. (Fri, 04 Apr 2008 07:14:12 GMT)

Bundesbank vice-president says market-value accounting rules destabilise economy
FRANKFURT (Thomson Financial) - International accounting rules that force companies to rate their financial assets at current market prices tend to aggravate economic crises and should be reconsidered, the vice-president of Germany's Bundesbank Franz-Christoph Zeitler told Handelsblatt. (Fri, 04 Apr 2008 08:13:10 GMT)

Accounting students add to the fun
THE Association of Professional Accounting Students, the student body of Universiti Teknologi Mara (UiTM) Faculty of Accounting, organised an annual dinner for its alumni, lecturers and students at Sheraton Subang Hotel and Towers last Friday. (Fri, 04 Apr 2008 09:30:48 GMT)

LHS Band's Missing $30,000 an Accounting Error, not Theft
Police say money believed to be missing from a Lincoln High School band fundraising account turned out to be an accounting error, not theft. (Fri, 04 Apr 2008 15:29:13 GMT)

Ethics laws on agenda at MTSU Accounting Alumni Appreciation Day
The 17th annual Accounting Alumni Appreciation Day at Middle Tennessee State University will be held from 7:30 a.m. to 4:45 p.m. May 2,, in the State Farm Lecture Hall of the Business and Aerospace Building. (Fri, 04 Apr 2008 15:56:02 GMT)

Missing Music Money Shows Up; Accounting Blamed
Money reported missing from a Lincoln high school band fundraising account turned out to be an accounting error and not theft. (Fri, 04 Apr 2008 19:32:22 GMT)

Geokinetics Inc. Appoints New Vice President and Chief Accounting Officer
Geokinetics Inc. , announced that Mark A. Hess, age 49, has joined the Company in the newly created position of Vice President and Chief Accounting Officer effective April 1, 2008. (Fri, 04 Apr 2008 21:30:00 GMT)

Accounting For Differences In Oil And Gas Accounting
How a company accounts for its expenses affects how its net income and cash flow numbers are reported. (Fri, 04 Apr 2008 21:57:53 GMT)

Accounting norms brainstormed
DOHA • Building public trust is a key factor in corporate governance and accountability and companies need to improve auditing and accounting standards to ensure transparency in their financial statements, Salah Ghanem Al Ali, Head of Qatar Accounting Council said. (Sat, 05 Apr 2008 02:20:28 GMT)

Qatar; Accounting norms brainstormed
Qatar; Accounting norms brainstormed (Sat, 05 Apr 2008 08:03:18 GMT)

ALLEN PARK: Error by Ford may force tax increase
In the wake of news that Ford Motor Co. made an accounting error that will cost Allen Park about $800,000 in taxes, city officials are looking at ways to cut costs and increase revenues. At a meeting Saturday, members of the City Council's administrative committee pondered seeking a tax increase. (Sun, 06 Apr 2008 07:15:26 GMT)

Has McCain learned his lesson?
Senator, of the 'Keating Five,' suggests loosening accounting rules during credit mess. It sounds eerily similar to his strategy during S&L crisis. (Sun, 06 Apr 2008 10:13:36 GMT)

Ex-Yugoslav banks duck under credit crisis
Before the former Yugoslavia broke apart, its numerous banks were linked by a common currency, shared economic burdens, and a single accounting network for public or corporate banking transactions. (Sun, 06 Apr 2008 13:34:01 GMT)

Accounting standard for financial instruments
The standard in question is Accounting for Financial Instruments, AS 30. AS 30 is substantially the replica of international accounting standard IAS 39. While the common notion is that AS 30 is related to accounting for derivatives, it must be clear that the standard is not limited to derivatives accounting. (Sun, 06 Apr 2008 18:54:55 GMT)

The total deficit at UK pension schemes would soar to more than £130bn (€165bn) under proposed new accounting ...
The total deficit at UK pension schemes would soar to more than £130bn (€165bn) under proposed new accounting standards which would tighten the rules on liability calculations, according to advisers. (Mon, 07 Apr 2008 04:13:42 GMT)

Clifton Gunderson Names First Woman to Lead Top Accounting Firm
April 7, 2008 (SmartPros) Clifton Gunderson, one of the nation's largest certified public accounting and consulting firms, announced it has named Krista McMasters as CEO. McMasters succeeds Carl George, who is retiring from CEO after 16 years in the post. (Mon, 07 Apr 2008 05:49:26 GMT)

Accounting For Differences In Oil And Gas Accounting
Companies involved in the exploration and development of crude oil and natural gas have the option of choosing between two accounting approaches: the "successful efforts" (SE) method and the "full cost" (FC) method. (Mon, 07 Apr 2008 08:14:01 GMT)

RECENT ITEMS»
Accounting for legends and myths is a difficult endeavor. (Mon, 07 Apr 2008 12:12:16 GMT)

(AFX UK Focus) 2008-04-07 13:24 GMT: German private banking association calls for review of IFRS accounting standards
BERLIN (Thomson Financial) - German private banking association Bundesverband deutscher Banken (BdB) is calling for a review of the current international accounting standards for banks. (Mon, 07 Apr 2008 12:47:16 GMT)

Story Ideas From Accounting Management Solutions, Inc. -- April 2008
The following are story ideas from Accounting Management Solutions, Inc., the leading provider of outsourced accounting, financial management, and recruiting services to emerging companies and public, private, and nonprofit organizations throughout New England, with operations in the New York City area. (Mon, 07 Apr 2008 13:00:00 GMT)

Canon U.S.A. and Sepialine Introduce Advanced Accounting for Canon Large Format Printers
LAKE SUCCESS, N.Y. & SAN FRANCISCO----Canon U.S.A., Inc., a leader in imaging solutions, and Sepialine, Inc., today announced the immediate availability of Sepialine's print accounting software for the Canon imagePROGRAF large format printer series. (Mon, 07 Apr 2008 13:00:00 GMT)

Canon U.S.A. and Sepialine Announce Availability of Sepialine's Argos Print and Copy Accounting Solution for Canon's ...
LAKE SUCCESS, N.Y. & SAN FRANCISCO----Canon U.S.A., Inc., a leader in imaging solutions, and Sepialine, Inc., today announced the availability of Sepialine's Argos Embedded Copy Tracking for Canon's Multifunctional Embedded Application Platform . (Mon, 07 Apr 2008 13:00:00 GMT)

SBA Communications exec sells shares
The chief accounting officer of Boca Raton-based SBA Communications, which owns wireless communication towers, sold 25,000 shares of common stock under a prearranged trading plan, according to filings with the Securities and Exchange Commission. (Mon, 07 Apr 2008 13:40:56 GMT)

Ameren Chief Accounting Officer to Present at Berenson & Co./Wall St. Access Midwest Utility Seminar
Marty Lyons, senior vice president and chief accounting officer of Ameren Corporation , will give a presentation to investors at the Berenson & Co./Wall St. Access Midwest Utility Seminar in Chicago, Ill., Friday, April 11. (Mon, 07 Apr 2008 19:57:00 GMT)

EIU Accounting Challenge set for Wednesday
CHARLESTON — Eastern Illinois University’s accountancy program, offered through the Lumpkin College of Business and Applied Science, will hold its third annual high school Accounting Challenge Wednesday. (Tue, 08 Apr 2008 05:47:37 GMT)

Lax STEP accounting detailed
An audit of a Billings nonprofit that assists people with developmental disabilities found several problems in the program's accounting, including a lack of independent inputting and verification of expenditures, lax paperwork and an antiquated system for tracking financial information. (Tue, 08 Apr 2008 06:51:39 GMT)

Wilton: New accounting system cheaper in end
Converting the city's accounting system wouldn't be cheap, but Rutland Treasurer Wendy Wilton told the aldermen on Monday that it's a lot less expensive than the alternative. ... - By BRENT CURTIS Herald Staff (Tue, 08 Apr 2008 07:03:24 GMT)

Intervolve Expands Route Accounting Software for Direct Store Delivery Markets
RALEIGH, N.C.----Intervolve, Inc., the pioneer in providing on-demand supply chain software using web and mobile technologies for the beverage industry, today announced the immediate release of the next-generation version of their route accounting system, Intervolve RAS Version 5.1. (Tue, 08 Apr 2008 13:00:00 GMT)

Accounting And Taxes, Like Peanut Butter And Jelly
Find out how these two have grown hand-in-hand throughout our modern history. (Tue, 08 Apr 2008 20:35:15 GMT)

Accounting firm confirming balances for sewerage authority
BULLSKIN TWP. - A Connellsville accounting firm hired by the Bullskin Township Connellsville Township Joint Sewerage Authority is in the process of confirming account balances for roughly 200 customers in an audit it is conducting as part of an ongoing investigation into financial discrepancies. (Wed, 09 Apr 2008 04:17:37 GMT)

Canon U.S.A. And Sepialine Introduce Advanced Accounting For Canon Large Format Printers
Canon U.S.A., Inc., a leader in imaging solutions, and Sepialine, Inc., recently announced the immediate availability of Sepialine's print accounting software for the Canon imagePROGRAF large format printer series. The new software extends Sepialine's Argos Cost Recovery System by integrating directly with imagePROGRAF large format printers to provide detailed print records that include total ... (Wed, 09 Apr 2008 06:10:39 GMT)

PayCycle Research Reveals Profit Opportunity for Accounting Professionals
Accounting Professionals Provide Payroll Services to Fewer Than 25% of Their Small Business Clients (Wed, 09 Apr 2008 07:01:00 GMT)

Northrop guilty of creative accounting
The Boeing tanker protest apparently is going well, as the General Accounting Office has rejected Northrop Grumman and Air Force motions to narrow the scope of the protest. (Wed, 09 Apr 2008 10:40:28 GMT)

Ackermann Seeks Review of Ratings Firms, Accounting (Update1)
April 9 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann said ratings firms and accounting practices should be reviewed and regulatory oversight improved to help avoid a repeat of the current financial crisis. (Wed, 09 Apr 2008 14:53:46 GMT)

Finance, Accounting & Budgeting for Non-Financial Managers
Proper communication of finance and accounting concepts is often a problem for nonfinancial managers, mostly due to a lack of confidence when dealing with often confusing terms. (Wed, 09 Apr 2008 20:27:30 GMT)

Lithia Motors Inc. accounting exec to leave
Linda A. Ganim, vice president and chief accounting officer of Lithia Motors Inc. will step down on April 30, the company said Wednesday in a statement to the U.S. Securities and Exchange Commission. (LAD) (Wed, 09 Apr 2008 21:09:24 GMT)

Ecommerce Solution Provider EPORIA Announces Integration with QuickBooks® Accounting Applications
Ecommerce solution provider EPORIA, LLC launches new data integration application, EPORIA DataBridge for Accounting, integrating its own ecommerce platform with Intuit QuickBooks financial applications. (Thu, 10 Apr 2008 07:01:00 GMT)

Accounting body CIMA urges clearer, more concise corporate reporting
SINGAPORE : The Chartered Institute of Management Accountants (CIMA) is calling for better corporate reporting as Singapore companies enter a new earnings reporting season. (Thu, 10 Apr 2008 12:49:31 GMT)

Sage MIP Fund Accounting Wins Third Consecutive Campbell Award
Sage Software today announced that its Sage MIP Fund Accounting product has received a coveted 2008 Campbell Award from Campbell Rinker, an independent market research firm, for being the most recommended accounting solution among users from nonprofits with annual revenue of $5 million and above, based on the firm's 2007 Nonprofit Accounting Software Survey of U.S. customers. Campbell Rinker ... (Thu, 10 Apr 2008 13:00:00 GMT)

Global Warming Not a Cosmic Swindle
Skeptics who argue that global warming is caused by cosmic rays rather than man-made greenhouse gases have been dealt another blow. Some who question the human-induced global warming scenario argue that changes in the intensity of these rays, which are caused by variations in solar activity, affect the cloud cover of the Earth, allowing heat from the sun to build up, and accounting for the rise ... (Thu, 10 Apr 2008 13:25:26 GMT)

ACCOUNTING FOR NON-CONTROLLING INTERESTS
The Accounting Standards Board (AcSB) proposes, subject to comments received following exposure, to issue a new standard, NON-CONTROLLING INTERESTS, Section 1602 of the CICA Handbook â€“ Accounting, to provide guidance on accounting for non-controlling interests subsequent to a business combination. (Thu, 10 Apr 2008 14:58:29 GMT)

ASBJ AND IASB HOLD SEVENTH MEETING AIMING TOWARDS GOAL OF CONVERGENCE IN ACCOUNTING STANDARDS
The Accounting Standards Board of Japan (ASBJ) and the International Accounting Standards Board (IASB) have held their second meeting in Tokyo since the announcement of the initiative to accelerate convergence between Japanese generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRSs), known as the ‘Tokyo Agreement’ in August 2007. This was the ... (Thu, 10 Apr 2008 18:28:32 GMT)

ACCOUNTING FOR SUSTAINABILITY - ACCOUNTANCY PROFESSION CALLED UPON TO EMBRACE ENVIRONMENTAL MEASUREMENTS AND REPORTING ...
Speaking at a presentation on Accounting for Sustainability to the annual conference of the Institute of Chartered Accountants in Ireland (ICAI) and including results of a short survey on attitudes to environmental sustainability, Terence O’Rourke, Managing Partner of KPMG in Ireland, said: “The phrase 'Accounting for Sustainability' is slowly but surely starting to enter the lexicon of business. (Thu, 10 Apr 2008 18:28:42 GMT)

Edens & Avant's Brausch Named Chair-elect of Worldwide Accounting Organization
Edens & Avant is pleased to announce John M. Brausch, Vice President - Property Operations Controller, has been named Chair-elect of the Institute of Management Accountants . With close to 65,000 members, the IMA is the world's leading organization of accounting and finance professionals and the organization through which the Certified Management Accountant program is administered. (Thu, 10 Apr 2008 20:48:00 GMT)

Research Reveals Profit Opportunity for Accounting Professionals
Apr. 11, 2008 (SmartPros) A recent report from PayCycle indicates that accounting professionals provide payroll services to fewer than one-fourth of their clients, although the study also shows a dramatic increase in the adoption of online financial transactions. (Thu, 10 Apr 2008 21:15:53 GMT)

Angola: Huíla - Managers Participate in Accounting, Finance Seminar
About thirty public and private companies managers as well as local businessmen of the southern Huila province have been attending since Wednesday in Lubango city a seminar of basic training on accounting supervision. (Thu, 10 Apr 2008 22:03:37 GMT)

Accounting Error to Blame In Randolph BOE's
The excess of approximately $8 million dollars in net assets discovered during an audit report of the Randolph County Board of Education was the result of an accounting error by the school system's finance director. (Fri, 11 Apr 2008 13:35:23 GMT)

PLEASE NOTE TIME CHANGE - Ameren Chief Accounting Officer to Present at Berenson & Co./Wall St. Access Midwest Utility ...
At 10:15 a.m. Central time today, April 11, Marty Lyons, senior vice president and chief accounting officer of Ameren Corporation , will give a presentation to investors at the Berenson & Co./Wall St. (Fri, 11 Apr 2008 14:00:00 GMT)

The delicate chore of accounting for RSVPs
Q:Do you have any suggestions for encouraging people to RSVP? Answer: It's unfortunate that people need encouragement at all, but rules of etiquette can only be observed, not enforced. It's perfectly acceptable, however, to follow up your invitation with a phone call once the RSVP date has passed. To keep the conversation pleasant, you might simply say you wanted to be sure the invitation didn't ... (Sat, 12 Apr 2008 04:14:10 GMT)

Bankers Call for Improved Accounting Rules to Limit Risks
April 12 (Bloomberg) -- Regulators should improve accounting rules and scrutinize banks' risk controls to limit any damage to financial systems caused by wrong bets on derivatives, U.S., European and Chinese bankers said at the Boao Forum for Asia. (Sat, 12 Apr 2008 09:15:31 GMT)

The regional public accounting firm of...
The regional public accounting firm of Bober, Markey, Fedorovich & Co. announced the following new hires: L. Martin Vettel joins the firm as a senior manager in taxation services; David R. Roberts joins the firm as a senior manager in the audit and accounting services department; and Jennifer McGuire joins the firm as a senior accountant in the audit and accounting services department. (Sun, 13 Apr 2008 06:13:02 GMT)

Path to NFL tough for new Lion; Kalvin Pearson almost settled for UPS job
It was December 2004. Kalvin Pearson was looking for work. After about three years of trying to make it in the NFL, he had sent out some résumés and applied for a job. Now he was driving to interview for an accounting position at UPS in Birmingham, Ala. (Sun, 13 Apr 2008 07:17:22 GMT)

Personalities tweaked for home, work needs
FORT LAUDERDALE, Fla. -- At work, Roberta Young uses humor in communicating with colleagues at the Fort Lauderdale accounting firm, De Meo, Young, McGrath. (Sun, 13 Apr 2008 08:14:38 GMT)

Accounting failures enter the subprime equation
As homeowners, shareholders and federal investigators pick through the subprime wreckage, attention is turning toward yet another steward of financial reporting ensnared in the debacle: accounting firms. (Sun, 13 Apr 2008 10:39:38 GMT)

BUSINESS PROFILE: Mathnasium of Schererville
For the past 13 years, David DeJong has worked in finance and accounting, focusing on financial analysis and model building. While he was successful in his field, DeJong found that it was not enough. (Sun, 13 Apr 2008 10:44:48 GMT)

Executive moves
Executives in accounting, advertising, finance, high tech and new media, law and real estate have all found new digs. Check out the new faces in key places. (Sun, 13 Apr 2008 11:06:09 GMT)

College Town for April 13
Texas A&M accounting professor Murphy Smith was given the Distinguished Paper Award by the American Accounting Association Southwest Region du ... (Sun, 13 Apr 2008 11:51:54 GMT)

Tax Talk
Editor's note: Every Sunday through the end of tax season, The Sun has run an edited transcript of Baltimoresun.com's weekly tax advice column featuring experts from the Sparks accounting firm SC&H Group who answered reader questions. This marks the final installment for this season. (Sun, 13 Apr 2008 14:25:53 GMT)

Sentimental accounting: Is it time to question mark-to-market values?
Mark-to-market accounting was thought of to give assets a value that is current and relevant. But when experts differ widely on valuation, does the subjective assessment have much relevance? (Sun, 13 Apr 2008 18:53:45 GMT)

Peggy Cafritz, Accounting for a Tax Mix-Up
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. (Mon, 14 Apr 2008 07:16:05 GMT)

BYU Wins Deloitte Accounting Competition
Apr. 14, 2008 (SmartPros) A team of accounting students from Brigham Young University captured first place honors last week as winners of the Deloitte National Student Case Study Competition sponsored by the Deloitte Foundation, the not-for-profit arm of Deloitte LLP. (Mon, 14 Apr 2008 08:23:02 GMT)

Tax Tips
Here's another reader-submitted question about taxes and an answer from Tom Cooney and Crystal Faulkner of the Hyde Park accounting firm of Cooney, Faulkner and Stevens. (Mon, 14 Apr 2008 09:34:26 GMT)

AECOM to Present Automating Oracle EBS Project Accounting and Financial Close Processes at COLLABORATE 2008
UC4 Software, a leading provider of workload automation and IT process optimization solutions, today announced that David Bumi, IT Manager at AECOM will deliver a presentation on "Moving Beyond Manual Operations to the World of Workload Automation" at OAUG COLLABORATE 2008. (Mon, 14 Apr 2008 11:45:00 GMT)

Municipal Software aids accounting, budgeting processes.
Designed for cities with populations from 350-3,500, CenterPoint Fund Accounting for Municipalities helps manage budgets, expenses, and revenue as well as handle complex reporting. Solution offers 6-month customizable financial statement and chart of accounts; Statement of Revenue and Expenses following GASB recommended format; and interface to RVS Utility Billing System. Integrated payroll ... (Mon, 14 Apr 2008 13:06:17 GMT)

Sutherland Names Global Leader for Finance and Accounting Practice
Sutherland Global Services, a leading multi-national Business Process Outsourcing (BPO) provider, announced that Dan McCue has joined the company as Senior Vice President and Head of Finance & Accounting Outsourcing (FAO) Services. Dan is responsible for growing and managing Sutherland’s multi–national FAO team. In addition, he will spearhead the design and delivery of expanded FAO solutions. ... (Mon, 14 Apr 2008 14:23:47 GMT)

Sutherland Names Global Leader for Finance and Accounting Practice
Sutherland Global Services, a leading multi-national Business Process Outsourcing (BPO) provider, announced that Dan McCue has joined the company as Senior Vice President and Head of Finance & Accounting Outsourcing (FAO) Services. Dan is responsible for growing and managing Sutherland's multi-national FAO team. In addition, he will spearhead the design and delivery of expanded FAO solutions. (Mon, 14 Apr 2008 15:12:46 GMT)

Force Protection Announces Engagement of Grant Thornton LLP as Its Independent Registered Public Accounting Firm
LADSON, S.C.----Force Protection, Inc. today announced that on April 10, 2008, the Company's Audit Committee engaged Grant Thornton LLP as the Company's new independent registered public accounting firm for the fiscal year ended December 31, 2007 and the fiscal year ending December 31, 2008 effective immediately. (Mon, 14 Apr 2008 20:32:00 GMT)

Board seeks to tighten accounting oversight
Inappropriate employee access to accounting software that enables editing privileges instead of a "read only" function will be eliminated, Memorial Health System's board of trustees agreed Monday, in approving an independent financial audit of 2007. (Tue, 15 Apr 2008 02:24:44 GMT)

Accounting Today Names Top 100 Firms
Apr. 15, 2008 (SmartPros) Accounting Today announced the release and online availability of its 2008 Top 100 Firms report. (Tue, 15 Apr 2008 05:15:35 GMT)

Sealegs warns of loss due to accounting standards
Sealegs Corp said today that although its operating result would about break even in the March year, new accounting treatment of its staff share options scheme would plunge the company into loss. (Tue, 15 Apr 2008 06:34:59 GMT)

The degradation of accounting
Fair value accounting, by which debt and equity securities on a company's balance sheet are "marked to market" - written up or down to their market price - has been hyped by accountants and regulators as the epitome of modern financial reporting, enabling investors to gain a completely true picture of their investment's financial position. (Tue, 15 Apr 2008 09:28:48 GMT)

Accounting Technology Names I.B.I.S., Inc. Among VAR 100
Accounting Technology released their VAR 100 list based on the amount of 2007 revenue and I.B.I.S., Inc., a Microsoft Dynamics Reseller, moved up three spots to No. 19. I.B.I.S. has been included on the VAR 100 for four consecutive years, and is honored to be named on this prestigious list. (Tue, 15 Apr 2008 13:14:19 GMT)

Accounting firm wins top award
MANAMA: Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has won a major Islamic finance award. It was awarded the prestigious Award for Continuing Contribution in Promoting Islamic Finance at the International Islamic Finance Forum. (Tue, 15 Apr 2008 23:12:25 GMT)

Force Protection hires new accounting firm
LADSON — Force Protection Inc. has hired Grant Thornton LLP to perform audits for its 2007 and 2008 fiscal year. The Ladson company has not filed its 2007 annual report with the Securities and Exchange Commission, amid reports of accounting discrepancies. Nasdaq has threatened to remove Force Protection from its stock listings, but the company has appealed. In March, Elliott Davis resigned as ... (Wed, 16 Apr 2008 04:03:01 GMT)

Zimbabwe: New Accounting Package Introduced
Pastel Software Zimbabwe has introduced an accounting package designed for new businesses or small businesses that have no accounting software. (Wed, 16 Apr 2008 07:32:06 GMT)

Seminar helps with business accounting
ASHEVILLE Accounting for Non Accountants, a seminar on the financial documents involved in running a small business, will be 8 30 a.m. to 1 p.m. Saturday in Room 128 in the Haynes Building on A B Tech, Enka campus. (Wed, 16 Apr 2008 08:36:56 GMT)

Makabagong sistema sa accounting itinutulak
JEDDAH, Saudi Arabia - Ang Philippine Institute of Certified Public Accountants (PICPA) Western Region Chapter - Jeddah ay nagsulong ng paggamit ng International Financial Reporting Standard (IFRS) bilang pagsunod sa itinalaga ng national office na full compliance noon pang 2005. (Wed, 16 Apr 2008 11:12:22 GMT)

Feldman criticized for hiring insider's accounting firm
Despite losing $7.8 million in the fourth quarter and cancelling a planned stock buyback, Feldman Mall Properties of Great Neck has hired a firm owned by one of its board members to oversee accounting and management functions for $350,000. (Wed, 16 Apr 2008 21:38:04 GMT)

Embezzlement at Guggenheim Bilbao
The Guggenheim Museum in Bilbao, Spain, charged its financial director with embezzling more than $775,000, Agence France-Presse reported. The Guggenheim said that it filed the case against the director, Roberto Cearsolo Barrenetxea, ?for financial and accounting irregularities.? In a statement the museum said he had admitted diverting money to his own account since 1998. He was fired on Tuesday. (Thu, 17 Apr 2008 02:02:54 GMT)

Accounting Regulators Considering New Rules for Banks, FT Says
April 17 (Bloomberg) -- Banks might be required to disclose their off-balance sheet interests in a strict and detailed manner, according to proposals being considered by the International Accounting Standards Board, or IASB, the Financial Times reported. (Thu, 17 Apr 2008 02:50:31 GMT)

(AFX UK Focus) 2008-04-17 11:43 GMT: EU sets out measures to cut red tape for SMEs on translation, accounting
BRUSSELS (Thomson Financial) - The European Commission said it has approved a range of new measures designed to reduce the administrative burden for companies in Europe. (Thu, 17 Apr 2008 11:03:25 GMT)

Cavico Corp. Engages Accounting Firm
Cavico Corp., (OTCBB:CVIC) announced today that it has retained as its independent registered public accounting firm effective April 15, 2008, PMB Helin Donovan, LLP. PMB Helin Donovan, LLP replaces Jaspers + Hall, PC who was dismissed on April 15, 2008. (Thu, 17 Apr 2008 11:30:00 GMT)

New accounting package introduced
Pastel Software Zimbabwe has introduced an accounting package designed for new businesses or small businesses that have no accounting software. CEO dumps SA air traffic agency Johannesburg. (Thu, 17 Apr 2008 12:45:04 GMT)

The Financial Accounting Foundation and the Financial Accounting Standards Board to Host High-Quality Global ...
NORWALK, Conn.----The Financial Accounting Foundation and the Financial Accounting Standards Board today announced they will host a forum entitled High-Quality Global Accounting Standards: Issues and Implications for U.S. (Thu, 17 Apr 2008 15:05:00 GMT)

The Financial Accounting Foundation and the Financial Accounting Standards Board to Host High-Quality Global ...
The Financial Accounting Foundation (FAF) and the Financial Accounting Standards Board (FASB) today announced they will host a forum entitled High-Quality Global Accounting Standards: Issues and Implications for U.S. Financial Reporting. The event will take place Monday, June 16, 2008, from 9 a.m. to 4 p.m., at Baruch College, Vertical Campus, 55 Lexington Avenue, New York, NY. (Thu, 17 Apr 2008 15:30:44 GMT)

Net@Work Ranks #10 in Accounting Technology's 2008 VAR 100 List of Largest Accounting Software Consulting Firms
Net@Work, a leading provider of integrated business technology solutions, today announced its selection to the Accounting Technology Magazine VAR 100. Ranked #12 last year, Net@Work cracked the top ten in this year's VAR list, securing its position as the top business software provider based in the Northeast. Companies that were picked for inclusion in the VAR 100 list sold mid-level accounting ... (Thu, 17 Apr 2008 16:13:03 GMT)

Meta Financial Group, Inc.(R) Announces Retention of Independent Registered Public Accounting Firm
Meta Financial Group, Inc. announced today that the Company's Audit Committee has approved the engagement of KPMG LLP as the Company's new independent registered public accounting firm. (Thu, 17 Apr 2008 20:41:00 GMT)

South Africa: Equity Accounting for Anglo
I HAD barely started to tap the keys to write today's column, when I received an e-mail requesting me to explain equity accounting, which I referred to yesterday. (Fri, 18 Apr 2008 11:47:18 GMT)

Fannie Regulator May Settle With Raines, Person Says
April 18 (Bloomberg) -- Fannie Mae's regulator may announce a settlement today with former Chief Executive Officer Franklin Raines over his role in the company's $6.3 billion of accounting errors, according to a person familiar with the negotiations. (Fri, 18 Apr 2008 12:17:06 GMT)

Accounting Management Solutions Among Fastest-Growing Massachusetts Companies for Third Year
Accounting Management Solutions, Inc. today was named one of the fastest-growing private companies in Massachusetts by the Boston Business Journal for the third consecutive year. (Fri, 18 Apr 2008 17:00:00 GMT)

Star Scientific Announces Retention of Cherry, Bekaert as Independent Public Accounting Firm and Receipt of Notice of ...
PETERSBURG, Va.----Star Scientific, Inc. announced that Aidman, Piser & Company, P.A., its independent registered public accounting firm, has entered into an agreement with Cherry, Bekaert & Holland, LLP under which Aidman Piser contemplates merging its operations into Cherry, Bekaert. (Fri, 18 Apr 2008 22:17:00 GMT)

Star Scientific Announces Retention of Cherry, Bekaert as Independent Public Accounting Firm and Receipt of Notice of ...
Star Scientific, Inc. (NASDAQ:STSI) announced that Aidman, Piser & Company, P.A., its independent registered public accounting firm, has entered into an agreement with Cherry, Bekaert & Holland, LLP under which Aidman Piser contemplates ... (Fri, 18 Apr 2008 22:30:19 GMT)

$50K accounting scholarship set at UH
A $50,000 endowed scholarship for accounting majors has been set up at the Shidler College of Business at the University of Hawaii at Manoa. (Sat, 19 Apr 2008 00:37:17 GMT)

Former Fannie Chief Settles
The government said yesterday it has settled its long-running effort to recoup hundreds of millions of dollars from Franklin D. Raines and two other former executives of Fannie Mae for their alleged role in an accounting scandal. (Sat, 19 Apr 2008 03:08:53 GMT)

Former Fannie chief, execs settle
WASHINGTON (AP) -- Former Fannie Mae chief Franklin Raines and two top executives have agreed to a $31.4 million (20 million euro) settlement with the government over their roles in a 2004 accounting scandal. (Sat, 19 Apr 2008 03:55:44 GMT)

Ex-Fannie Mae executives agree to fines
Fannie Mae's former chief executive agreed to pay $24.7 million to settle a suit stemming from an accounting scandal that rocked the lender, officials said. (Sat, 19 Apr 2008 13:12:18 GMT)

Bush: North Korea must declare nuclear program
President George W. Bush said on Saturday North Korea may try to stall providing a full declaration of its nuclear activities, but he and South Korea's leader urged Pyongyang to provide a full accounting of its program. (Sat, 19 Apr 2008 16:44:46 GMT)

Bush: North Korea must declare nuclear programs
The United States and South Korea on Saturday demanded North Korea submit its long overdue accounting of its nuclear weapons programs but offered no clues about how long they would be willing to wait for it. (Sat, 19 Apr 2008 18:42:36 GMT)

Scandal to Cost Ex-Fannie Mae Officers Millions
Franklin Raines and two other top Fannie Mae executives are paying a total of nearly $31.4 million in a settlement with the government over their roles in a 2004 accounting scandal. (Sat, 19 Apr 2008 21:40:08 GMT)

Ex-Fannie chief OKs settlement
WASHINGTON - Former Fannie Mae chief Franklin Raines and two top executives have agreed to a $31.4 million settlement with the government announced Friday over their roles in a 2004 accounting scandal. Raines, the company’s former chief financial officer Timothy Howard and former controller Leanne Spencer were accused in a civil lawsuit with manipulating earnings over a six-year period at ... (Sun, 20 Apr 2008 12:07:26 GMT)

PRICEWATERHOUSECOOPERS' DENNIS NALLY URGES ADOPTION OF INTERNATIONAL ACCOUNTING STANDARDS IN SPEECH TO FINANCIAL ...
PricewaterhouseCoopers U.S. Chairman and Senior Partner Dennis Nally called for a shift in accounting standards away from U.S. GAAP to International Financial Reporting Standards (IFRS) in a speech at the Union League Club in New York recently. (Sun, 20 Apr 2008 23:13:22 GMT)

Pittsburgh accounting firms gearing up for change in reporting language
Accounting firms are all ears this quarter, expecting the U.S. Securities and Exchange Commission to make a ruling soon regarding a timeline or "road map" for moving to international financial reporting standards. (Mon, 21 Apr 2008 04:55:21 GMT)

Ex-Fannie Mae execs settle over accounting fraud
AccountancyAge.com, Accountancy Age , Monday 21 April 2008 at 00:00:00 Three former Fannie Mae senior executives have agreed to pay $31.4m (£15.7m) to settle accounting fraud allegations Three former Fannie Mae senior executives who had been accused for manipulating the books for six years to meet profit and bonus targets, have all agreed to pay $31.4m (£15.7m)... > Read the full ... (Mon, 21 Apr 2008 07:56:51 GMT)

Ex-Fannie Mae execs settle over accounting fraud
Three former Fannie Mae senior executives who had been accused for manipulating the books for six years to meet profit and bonus targets, have all agreed to pay $31.4m (£15.7m) to settle the allegations of accounting fraud in 2004. (Mon, 21 Apr 2008 07:59:03 GMT)

Merck reports profit spike on accounting gain
Despite largely flat worldwide sales, Merck & Co. reports dramatically higher first-quarter earnings Monday, largely due to an accounting gain related to its partnership with U.K. drug maker AstraZeneca plc. (Mon, 21 Apr 2008 12:53:49 GMT)

UPDATE: Merck Reports Profit Spike On Accounting Gain
BOSTON (Dow Jones) - Despite largely flat worldwide sales, Merck & Co. reported dramatically higher first-quarter earnings Monday, largely due to an accounting gain related to its partnership with U.K. drug maker AstraZeneca plc. (Mon, 21 Apr 2008 13:21:24 GMT)

Arch Coal SVP and CFO Robert J. Messey to retire April 30
Arch Coal Inc. said Monday Senior Vice President and Chief Financial Officer Robert J. Messey will retire on April 30. The coal producer said it expects to appoint Vice President of Finance and Accounting John T. (Mon, 21 Apr 2008 13:24:33 GMT)

Forensic accounting courses to be offered in Charleston
West Virginia University announced it will offer courses toward a graduate certificate in forensic accounting and fraud investigation for the first time this summer in Charleston. (Mon, 21 Apr 2008 13:37:49 GMT)

Accounting items double Eli Lilly's first-quarter profit
Eli Lilly & Co. more than doubles first-quarter profit, but it's due primarily to a major accounting gain. Zyprexa sales rise just 1% from the year-earlier quarter. (Mon, 21 Apr 2008 13:38:39 GMT)

Survey by the Mergis Group Shows Decline in Overall Confidence for Accounting and Finance Professionals; Index Hits ...
The Accounting and Finance Employee Confidence Index, a measure of overall confidence among U.S. accounting and finance workers, decreased 6.4 points to 50.5 in the first quarter of 2008, according to a recent survey commissioned by The Mergis Group®, a professional placement division of Spherion Corporation. (Mon, 21 Apr 2008 14:04:00 GMT)

UPDATE: Accounting Items Double Eli Lilly's First-Quarter Profit
BOSTON (Dow Jones) -- Eli Lilly & Co.'s first-quarter profit more than doubled, due primarily to a major accounting gain taken this year for the resolution of a tax matter and also reflecting hefty charges taken last year related to the takeover of Icos Corp., the drugmaker reported Monday. (Mon, 21 Apr 2008 16:35:57 GMT)

Chesapeake Energy accounting controller exercises options
The senior vice president and accounting controller of oil and natural-gas company Chesapeake Energy Corp. exercised options for 26,250 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Friday. (Mon, 21 Apr 2008 18:06:27 GMT)

Derivative accounting by 2009: RBI
The Reserve Bank of India (RBI) has initiated talks with accounting standards regulator Institute of Chartered Accountants of India (ICAI) to advance the mandatory implementation of accounting standards for derivatives transactions by Indian banks and companies from its present 2011 deadline. (Mon, 21 Apr 2008 22:31:29 GMT)

Fannie Mae, Freddie Mac Warned on Accounting
Years after Fannie Mae and Freddie Mac were found to have misrepresented their earnings by billions of dollars, a federal regulator is warning them to follow both the spirit and the letter of a new accounting rule. (Tue, 22 Apr 2008 02:23:42 GMT)

Accounting software approved by commissioners
A new $500,000 accounting system software and services agreement for use by Ashtabula County government agencies was inked last week by county commissioners. (Tue, 22 Apr 2008 03:51:45 GMT)

Accounting Profession Lightens a CEO's Toolbox
Instead of attacking Jeffrey Immelt for poor management, maybe Jack Welch should be counting his lucky stars. Or, rather, acknowledging his star accountants. During the fabled CEO's two-decade tenure at General Electric, the accounting profession stood at the ready to assist with smoothing and boosting results. In these post-Enron days, they have become the officious referees, demanding ever ... (Tue, 22 Apr 2008 05:15:40 GMT)

Accounting irregularities in Muncie schools discovered
MUNCIE -- A State Board of Accounts audit found Muncie Community Schools in violation of accounting guidelines in a report released on March 31. District officials took exception to some of the findings in a response letter to the government entity. (Tue, 22 Apr 2008 07:23:41 GMT)

Boston Scientific reports higher earnings on accounting gain
Boston Scientific reports higher first-quarter earnings, helped by an accounting gain recognized from the sale of five non-strategic business units. (Tue, 22 Apr 2008 12:53:29 GMT)