Accounting News 04/2008 (Page 2)

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Ameren Chief Accounting Officer to Present at Berenson & Co./Wall St. Access Midwest Utility Seminar (PR Newswire via Yahoo! Finance)

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. (Apr 7, 2008)

EIU Accounting Challenge set for Wednesday (Journal Gazette & Times-Courier)

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. (Apr 8, 2008)

Lax STEP accounting detailed (Billings Gazette)

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. (Apr 8, 2008)

Lax STEP accounting detailed (Billings Gazette)

Wilton: New accounting system cheaper in end (Rutland Herald)

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 (Apr 8, 2008)

Intervolve Expands Route Accounting Software for Direct Store Delivery Markets (Business Wire via Yahoo! Finance)

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. (Apr 8, 2008)

Accounting And Taxes, Like Peanut Butter And Jelly (Investopedia via Yahoo! Finance)

Find out how these two have grown hand-in-hand throughout our modern history. (Apr 8, 2008)

Accounting firm confirming balances for sewerage authority (The Uniontown Herald Standard)

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. (Apr 9, 2008)

Canon U.S.A. And Sepialine Introduce Advanced Accounting For Canon Large Format Printers (EnterpriseContentManagementConnection-ECM)

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 ... (Apr 9, 2008)

PayCycle Research Reveals Profit Opportunity for Accounting Professionals (PRWeb via Yahoo! News)

Accounting Professionals Provide Payroll Services to Fewer Than 25% of Their Small Business Clients (Apr 9, 2008)

Northrop guilty of creative accounting (Everett Herald)

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. (Apr 9, 2008)

Ackermann Seeks Review of Ratings Firms, Accounting (Update1) (Bloomberg.com)

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. (Apr 9, 2008)

PayCycle Research Reveals Profit Opportunity for Accounting Professionals (PRWeb)

Accounting Professionals Provide Payroll Services to Fewer Than 25% of Their Small Business Clients (PRWeb Apr 9, 2008) Read the full story at (link) prweb838734.htm (Apr 9, 2008)

Finance, Accounting & Budgeting for Non-Financial Managers (AME Info)

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. (Apr 9, 2008)

Lithia Motors Inc. accounting exec to leave (The Portland Business Journal)

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) (Apr 9, 2008)

Northrop guilty of creative accounting (Everett Herald)

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. (Apr 10, 2008)

Ecommerce Solution Provider EPORIA Announces Integration with QuickBooks® Accounting Applications (PRWeb via Yahoo! News)

Ecommerce solution provider EPORIA, LLC launches new data integration application, EPORIA DataBridge for Accounting, integrating its own ecommerce platform with Intuit QuickBooks financial applications. (Apr 10, 2008)

Accounting body CIMA urges clearer, more concise corporate reporting (Channel NewsAsia)

SINGAPORE : The Chartered Institute of Management Accountants (CIMA) is calling for better corporate reporting as Singapore companies enter a new earnings reporting season. (Apr 10, 2008)

Sage MIP Fund Accounting Wins Third Consecutive Campbell Award (Marketwire via Yahoo! Finance)

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 ... (Apr 10, 2008)

Global Warming Not a Cosmic Swindle (LiveScience.com via Yahoo! News)

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 ... (Apr 10, 2008)

ACCOUNTING FOR NON-CONTROLLING INTERESTS (Accounting Education)

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. (Apr 10, 2008)

ASBJ AND IASB HOLD SEVENTH MEETING AIMING TOWARDS GOAL OF CONVERGENCE IN ACCOUNTING STANDARDS (Accounting Education)

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 ... (Apr 10, 2008)

ACCOUNTING FOR SUSTAINABILITY - ACCOUNTANCY PROFESSION CALLED UPON TO EMBRACE ENVIRONMENTAL MEASUREMENTS AND REPORTING ... (Accounting Education)

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. (Apr 10, 2008)

Edens & Avant's Brausch Named Chair-elect of Worldwide Accounting Organization (PR Newswire via Yahoo! Finance)

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. (Apr 10, 2008)

Research Reveals Profit Opportunity for Accounting Professionals (SmartPros Accounting)

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. (Apr 10, 2008)

Angola: Huíla - Managers Participate in Accounting, Finance Seminar (AllAfrica.com)

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. (Apr 10, 2008)

Accounting Error to Blame In Randolph BOE's (The Inter-Mountain)

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. (Apr 11, 2008)

PLEASE NOTE TIME CHANGE - Ameren Chief Accounting Officer to Present at Berenson & Co./Wall St. Access Midwest Utility ... (PR Newswire via Yahoo! Finance)

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. (Apr 11, 2008)

The delicate chore of accounting for RSVPs (Richmond Times-Dispatch)

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 ... (Apr 12, 2008)

Bankers Call for Improved Accounting Rules to Limit Risks (Bloomberg.com)

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. (Apr 12, 2008)

The regional public accounting firm of... (Akron Beacon Journal)

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. (Apr 13, 2008)

Path to NFL tough for new Lion; Kalvin Pearson almost settled for UPS job (Detroit Free Press)

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. (Apr 13, 2008)

Personalities tweaked for home, work needs (The Columbus Dispatch)

FORT LAUDERDALE, Fla. -- At work, Roberta Young uses humor in communicating with colleagues at the Fort Lauderdale accounting firm, De Meo, Young, McGrath. (Apr 13, 2008)

Accounting failures enter the subprime equation (International Herald Tribune)

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. (Apr 13, 2008)

BUSINESS PROFILE: Mathnasium of Schererville (The Times of Northwest Indiana)

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. (Apr 13, 2008)

Executive moves (Crain's New York Business)

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. (Apr 13, 2008)

College Town for April 13 (The Bryan-College Station Eagle)

Texas A&M accounting professor Murphy Smith was given the Distinguished Paper Award by the American Accounting Association Southwest Region du ... (Apr 13, 2008)

Tax Talk (Baltimore Sun)

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. (Apr 13, 2008)

Sentimental accounting: Is it time to question mark-to-market values? (The Hindu)

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? (Apr 13, 2008)

Peggy Cafritz, Accounting for a Tax Mix-Up (Washington Post)

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. (Apr 14, 2008)

BYU Wins Deloitte Accounting Competition (SmartPros Accounting)

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. (Apr 14, 2008)

Tax Tips (The Cincinnati Enquirer)

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. (Apr 14, 2008)

AECOM to Present Automating Oracle EBS Project Accounting and Financial Close Processes at COLLABORATE 2008 (Marketwire via Yahoo! Finance)

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. (Apr 14, 2008)

Municipal Software aids accounting, budgeting processes. (ThomasNet)

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 ... (Apr 14, 2008)

Sutherland Names Global Leader for Finance and Accounting Practice (PRWeb)

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. ... (Apr 14, 2008)

Sutherland Names Global Leader for Finance and Accounting Practice (Centre Daily Times)

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. (Apr 14, 2008)

Force Protection Announces Engagement of Grant Thornton LLP as Its Independent Registered Public Accounting Firm (Business Wire via Yahoo! Finance)

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. (Apr 14, 2008)

Board seeks to tighten accounting oversight (Colorado Springs Gazette)

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. (Apr 15, 2008)

Accounting Today Names Top 100 Firms (SmartPros Accounting)

Apr. 15, 2008 (SmartPros) Accounting Today announced the release and online availability of its 2008 Top 100 Firms report. (Apr 15, 2008)

Sealegs warns of loss due to accounting standards (NZPA via Yahoo!Xtra News)

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. (Apr 15, 2008)

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