Accounting News 06/2008 (Page 2)

FASB Issues Exposure Draft on Accounting for Hedging Activities (Business Wire via Yahoo! Finance)

NORWALK, Conn.----The Financial Accounting Standards Board today issued an Exposure Draft of a proposed Statement of Financial Accounting Standards, Accounting for Hedging Activities -- an amendment of FASB Statement No. 133. (Jun 6, 2008)

FASB Issues Exposure Draft on Accounting for Hedging Activities (wallstreet:online AG)

The Financial Accounting Standards Board (FASB) today issued an Exposure Draft (ED) of a proposed (Jun 6, 2008)

FASB Issues Exposure Draft on Accounting for Hedging Activities (Centre Daily Times)

The Financial Accounting Standards Board (FASB) today issued an Exposure Draft (ED) of a proposed Statement of Financial Accounting Standards, Accounting for Hedging Activities -- an amendment of FASB Statement No. 133. The proposed Statement would require application of the amended hedging requirements for financial statements issued for fiscal years beginning after June 15, 2009, and interim ... (Jun 6, 2008)

Ibis Technology Receives Qualified Opinion From It's Independent Registered Public Accounting Firm (Business Wire via Yahoo! Finance)

DANVERS, Mass.----Ibis Technology Corporation , a leading provider of SIMOX-SOI implantation equipment to the worldwide semiconductor industry, today reported that the Company's independent registered public accounting firm included an explanatory paragraph in their opinion on the Company's financial statements included in the recently filed Annual Report on Form 10-K for the year ended ... (Jun 6, 2008)

Ibis Technology Receives Qualified Opinion From It's Independent Registered Public Accounting Firm (Centre Daily Times)

Ibis Technology Corporation (Nasdaq GM: IBIS), a leading provider of SIMOX-SOI implantation equipment to the worldwide semiconductor industry, today reported that the Company's independent registered public accounting firm included an explanatory paragraph in their opinion on the Company's financial statements included in the recently filed Annual Report on Form 10-K for the year ended December ... (Jun 6, 2008)

Audit finds teacher recruitment program had accounting problems (Minneapolis-St. Paul Star Tribune)

WASHINGTON - A popular teacher recruitment program failed to abide by federal accounting rules, making it difficult to determine if federal grants were properly spent, according to an investigation by the Education Department's inspector general. (Jun 6, 2008)

Digest: AIG accounting falls under scrutiny (Houston Chronicle)

Regulators are examining American International Group's accounting after derivatives tied to subprime mortgages led to record losses at the world's largest insurer. (Jun 7, 2008)

Accounting rule defying common sense (Akron Beacon Journal)

Leave it to Wall Street to profit from its own distress. Merrill Lynch & Co., Citigroup Inc. and four other U.S. financial companies have used an accounting rule adopted last year to book almost $12 billion of revenue after a decline in prices of their own bonds. The rule, intended to expand the ''mark-to-market'' accounting that banks use to record profits or losses on trading assets, allows ... (Jun 8, 2008)

Bank awards scholarship to Towanda accounting student (Elmira Star-Gazette)

A Towanda woman has been awarded Citizens and Northern Bank Scholarship of $1,500 for Lackawanna College in Towanda. (Jun 8, 2008)

Teach for America fails accounting - fed probe (New York Daily News)

A popular teacher recruitment program failed to follow federal accounting rules, making it tough to tell if federal grants were properly spent, officials said. (Jun 8, 2008)

ETSU records show careless accounting for two concerts (Kingsport Times-News)

JOHNSON CITY, Tenn. - Records from East Tennessee State University highlight a shoddy accounting system that allowed administrators to overdraw nearly $230,000 for concerts by Carrie Underwood and the GooGoo Dolls. (Jun 8, 2008)

FASB Issues Exposure Draft on Accounting for Hedging Activities (SmartPros Accounting)

June 9, 2008 (SmartPros) The Financial Accounting Standards Board on Friday issued an exposure draft on a proposed statement intended to simplify hedge accounting resulting in increased comparability of financial results for entities that apply hedge accounting. (Jun 9, 2008)

Two receive Accounting Student Award from OSCPA (Grove Sun Daily)

Two students from Northeastern Oklahoma A&M College have been honored with the Outstanding Accounting Student Award from the Oklahoma Society of Certified Public Accountants. (Jun 9, 2008)

Records highlight shoddy accounting for ETSU concerts (The Jackson Sun)

JOHNSON CITY - Records from East Tennessee State University highlight a shoddy accounting system that allowed administrators to overdraw nearly $230,000 for concerts by Carrie Underwood and the GooGoo Dolls. (Jun 9, 2008)

AOL "white hat" becomes a target (International Herald Tribune)

Joseph Ripp, who as chief financial officer blew the whistle on illegal AOL business practices, is named in a a lawsuit by the U.S. Securities and Exchange Commission over AOL accounting irregularities. (Jun 9, 2008)

Leap Wireless Names Accounting Head (socalTech.com)

San Diego-based Leap Wireless International, a provider of wireless communications services, said this week that it has named Jeff Nachbor as the firm's Chief Accounting Officer. Nachbor has been at the company since April, serving as the company's SVP of Financial Operations; he has previously served at H&R Block, Sharper Image, Staples, and Victoria's Secret Direct. Nachbor replaces Steven ... (Jun 9, 2008)

CFOs report mixed hiring outlook (BizJournals)

Eight percent of Orlando area finance executives surveyed expect to hire new workers, but 9 percent expect a decline in the hiring of accounting and finance staff, according to the Robert Half International Financial Hiring Index. (Jun 9, 2008)

Global military spending soars 45 pct in 10 years (AFP via Yahoo! News)

World military spending grew 45 percent in the past decade, with the United States accounting for nearly half of all expenditure, the Stockholm International Peace Research Institute (SIPRI) said Monday. (Jun 9, 2008)

Two receive Accounting Student Award from OSCPA (Grove Sun Daily)

Two students from Northeastern Oklahoma A&M College have been honored with the Outstanding Accounting Student Award from the Oklahoma Society of Certified Public Accountants. (Jun 9, 2008)

Capgemini Executives Recognized as Finance and Accounting Outsourcing ''Superstars'' (Centre Daily Times)

Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, has announced that two of its Business Process Outsourcing (BPO) executives, Hubert Giraud, Chief Executive Officer, global BPO services; and David Kaminski, Vice President, finance and accounting - North America, have been named to FAO Today's list of 2008 FAO Superstars. (Jun 9, 2008)

Financial Accounting Foundation and Foundation Accounting Standards Board (Business Wire via Yahoo! Finance)

---- WHAT: The Financial Accounting Foundation and the Financial Accounting Standards Board will host a forum entitled: "High-Quality Global Accounting Standards: Issues and Implications for U.S. (Jun 9, 2008)

‘Senators should not demand an accounting when CARP’s life is on the line’ (ABS-CBNNEWS.com)

No other academic has studied and written as much on agrarian reform in the Philippines than Dr. Saturnino Borras, Jr.. Being a former activist, he combines extensive field experience in land struggles with social science. (Jun 10, 2008)

Investors sue Franklin Bank (Houston Chronicle)

Franklin Bank misled investors about accounting errors that led to a federal inquiry by the Securities and Exchange Commission and the removal of its CEO, a shareholder lawsuit claims. (Jun 10, 2008)

Kaiser Aluminum Appoints Neal West Vice President and Chief Accounting Officer (Business Wire via Yahoo! Finance)

FOOTHILL RANCH, Calif.----Kaiser Aluminum today announced the appointment of Neal West to the position of Vice President and Chief Accounting Officer . West replaces Lynton Rowsell, who is returning to the accounting firm Ernst & Young. (Jun 10, 2008)

US Accounting Board OKs New Annual, Special Reporting Rules (Nasdaq)

WASHINGTON -(Dow Jones)- U.S. regulators voted Tuesday to require more than 1, 800 accounting firms to file annual and special reports online, providing regulators and investors with basic information about the firms' business operations, disciplinary issues and potential exposure to lawsuits. (Jun 10, 2008)

Hayashi Construction, Inc.: a Business Method of Accounting Using Absorption Costing, Including a Method of Drawing a ... (Business Wire via Yahoo! Finance)

SAKATA, Japan----Hayashi Construction, Inc. was awarded a U.S. patent for an invention entitled "Accounting System for Absorption Costing." Absorption costing is an accounting system generally and widely used in making an external income statement. (Jun 10, 2008)

Hayashi Construction, Inc.: a Business Method of Accounting Using Absorption Costing, Including a Method of Drawing a ... (wallstreet:online AG)

Hayashi Construction, Inc. was awarded a U.S. patent for an invention entitled "Accounting System (Jun 10, 2008)

COSCO Pac says Greek port bid variance due to accounting (Reuters via Yahoo! Singapore News)

HONG KONG, June 11 - COSCO Pacific Ltd said a huge gap in reported values of its bid to run and upgrade Greece's Piraeus Port stemmed from different accounting methods and the inclusion of certain fees. (Jun 10, 2008)

CDC: Snowboarding tops lists for outdoor injuries (AP via Yahoo! News)

More people are hurt snowboarding than any other outdoor activity, accounting for a quarter of emergency room visits, according to the first national study to estimate recreational injuries. (Jun 11, 2008)

PCAOB Adopts New Rules for Accounting Firms (SmartPros Accounting)

June 11, 2008 (SmartPros) The Public Company Accounting Oversight Board adopted rules for annual and special reporting of information and events by accounting firms that are registered with the PCAOB. (Jun 11, 2008)

Obama's choice of insider draws fire (MSNBC)

Former CEO tasked with vetting VP candidates for Barack Obama benefited from manipulative accounting. (Jun 11, 2008)

Snowboarding leads the list of outdoor sporting risks (St. Louis Post-Dispatch)

NEW YORK — More people are hurt snowboarding than while engaged in any other outdoor activity, accounting for a quarter of emergency room visits, according to the first national study to estimate recreational injuries. (Jun 11, 2008)

eTelecare Global Solutions Appoints Chief Accounting Officer (Business Wire via Yahoo! Finance)

SCOTTSDALE, Ariz.----eTelecare Global Solutions , a leading provider of complex business process outsourcing solutions, announced that Lewis W. Moorehead has joined the company as corporate controller and chief accounting officer. (Jun 11, 2008)

LOEWY: Non-audit a $28,485 accounting lesson (The Galesburg Register-Mail)

What possible value could the 25-page special audit report have for FBI, a special investigator or any other agency looking into the accounting practices of the offices run by former Knox County State's Attorney Paul Mangieri and former Sheriff Jim Thompson? (Jun 11, 2008)

Eastman Chemical accounting chief sells stock (AP via Yahoo! Finance)

The chief accounting officer of Eastman Chemical Co. sold 2,670 shares of common stock, according to a Securities and Exchange Commission filing Friday. (Jun 11, 2008)

Eaton Vance accounting chief exercises options (AP via Yahoo! Finance)

The chief accounting officer of investment manager Eaton Vance Corp. exercised options for 34,496 shares of common stock, according to a Securities and Exchange Commission filing. (Jun 11, 2008)

Kenya: Leading Accounting Firms Intensify Turf Wars (AllAfrica.com)

Intense competition in the auditing and financial advisory market is pushing multinational accounting firms to turn to marketing and public relations to boost their visibility in the market place. (Jun 11, 2008)

(AFX UK Focus) 2008-06-12 07:24 Autonomy in 'significant' deal with accounting co for IDOL software license (Interactive Investor)

LONDON (Thomson Financial) - Infrastructure software provider Autonomy Corp. Plc. said it has entered into a "significant" agreement with an accounting firm for the license of Autonomy's Intelligent Data Operating Layer (IDOL) software. (Jun 12, 2008)

Uganda: PPDA Wants Accounting Officers to Pay for Losses (AllAfrica.com)

ACCOUNTING officers who cause losses should recoup them, an official of the Public Procurement and Disposal of Assets Authority (PPDA) has said. (Jun 12, 2008)

TSA faulted for accounting, security lapses (The Washington Times)

The Transportation Security Administration, because of weak accounting practices, is unable to provide documentation to back up $585 million listed in its financial documents, according to an independent audit released this week. (Jun 12, 2008)

UNIVERSITY TEES: INTRODUCING FUNDAMENTALS OF MANAGEMENT ACCOUNTING IN A SMALL BUSINESS (Accounting Education)

This case introduces sophomore-level managerial accounting students to pricing decisions. The case also offers an opportunity to discuss the concepts of business strategy, business risk, and cost drivers. (Jun 12, 2008)

ASB CHOOSES ENHANCED DISCLOSURE AS A WAY FORWARD IN ACCOUNTING FOR HERITAGE ASSETS (Accounting Education)

The UK Accounting Standards Board (ASB) has this week issued a revised Financial Reporting Exposure Draft (FRED) that aims to improve the quality of the financial reporting of heritage assets. It applies to museums, galleries and other entities that house historic collections of art, antiques and books, or that own or manage land or buildings with important environmental or historical ... (Jun 12, 2008)

Carefree Group Retains Bagell, Josephs, Levine & Company as Principal Company Accounting Firm (Business Wire via Yahoo! Finance)

MIAMI BEACH, Fla.----Carefree Group Inc. announced it has retained Bagell, Josephs, Levine & Company, LLC - a certified public accounting and business consulting firm - as the principal accounting firm for the Company, together with its subsidiaries, Aviation Flight Services, L.L.C. and Carefree Lifestyle, Inc. (Jun 12, 2008)

Two receive Accounting Student Award from OSCPA (Grove Sun Daily)

Two students from Northeastern Oklahoma A&M College have been honored with the Outstanding Accounting Student Award from the Oklahoma Society of Certified Public Accountants. (Jun 12, 2008)

Financial Accounting Foundation and Financial Accounting Standards Board Media Advisory (Business Wire via Yahoo! Finance)

----Financial Accounting Foundation and Financial Accounting Standards Board: WHAT: The Financial Accounting Foundation and the Financial Accounting Standards Board will host a forum entitled: "High-Quality Global Accounting Standards: Issues and Implications for U.S. (Jun 12, 2008)

UPDATE 1-Inter, Milan and Samp fined for false accounting (Reuters.co.uk)

ROME, June 12 (Reuters) - Serie A champions Inter Milan, seven-times European champions AC Milan and Genoa-based Sampdoria have been fined for false accounting, the Italian Soccer Federation (FIGC) said on Thursday. (Jun 12, 2008)

Hanke Group plans to merge with national accounting firm BKD LLP (San Antonio Business Journal)

San Antonio accounting firm The Hanke Group PC is combining with BKD LLP, one of the largest certified public accounting and advisory firms in the United States. (Jun 12, 2008)

Italian clubs fined for false accounting (Stuff)

Serie A champions Inter Milan, seven-times European champions AC Milan and Genoa-based Sampdoria have been fined for false accounting. (Jun 13, 2008)

Banks to benefit from accounting standards shift -- Misys (Philippine Daily Inquirer)

MANILA, Philippines -- More than compliance with new regulations, Philippine banks stand to benefit from the adoption of International Accounting Standards (IAS) 39, which mandates them to recognize and measure derivatives trades. (Jun 13, 2008)

Probe focuses on AIG financial products: WSJ (Reuters via Yahoo! News)

American International Group Inc's financial-products division, already burnt by accounting issues, is coming under scrutiny in government probes, The Wall Street Journal reported on Friday. (Jun 13, 2008)

< prev 123 4 5 next >

online sports guide | FTD florist directory | debt relief

News Archive