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M.J. Hall and Co. Appoints Accounting Manager
Nate Rubin has joined M.J. Hall and Co. Inc. as the accounting manager in its corporate office in Stockton, Calif. Rubin has more than 14 years of insurance accounting experience, 13 of which were at (Tue, 01 Jul 2008 05:12:30 GMT)

Wirecard Plans to Make Cash Flow Accounting More Transparent
July 1 (Bloomberg) -- Wirecard AG , the German vendor of online payment software whose stock lost one third of its value after speculation about the company's accounting last week, will make the way it reports earnings more transparent. (Tue, 01 Jul 2008 07:18:57 GMT)

Pineville accounting firm merges with Acadiana firm
A Pineville accounting firm recently announced its merger with one of Acadiana's top three accounting firms, Kolder, Champagne, Slaven and Company, LLC. (Tue, 01 Jul 2008 07:48:38 GMT)

Financial and Accounting Guide for Not-for-Profit Organizations, 2008 Cumulative Supplement, 7th Edition
DUBLIN, Ireland----Research and Markets has announced the addition of the "Financial and Accounting Guide for Not-for-Profit Organizations, 2008 Cumulative Supplement, 7th Edition" report to their offering. (Tue, 01 Jul 2008 09:05:00 GMT)

Financial and Accounting Guide for Not-for-Profit Organizations, 2008 Cumulative Supplement, 7th Edition
Research and Markets (http://www.researchandmarkets.co has announced the addition of the "Financial and Accounting Guide for Not-for-Profit Organizations, 2008 Cumulative Supplement, 7th Edition" report to their offering. (Tue, 01 Jul 2008 09:24:16 GMT)

PM asks for proper accounting for panchayat institutions
Prime Minister Manmohan Singh today asked the apex body for chartered accountants ICAI to meet the need of skilled accounting personnel for the growing rural economy. (Tue, 01 Jul 2008 11:26:23 GMT)

PM seeks proper accounting system for panchayats
Prime Minister Manmohan Singh today said a proper accounting system for funds received and spent by panchayat institutions was needed to make decentralisation of power a success. (Tue, 01 Jul 2008 12:02:08 GMT)

PM asks for proper accounting for panchayat institutions
New Delhi, July 1 Calling for appropriate accounting system for Panchayati Raj Institutions, Prime Minister Manmohan Singh today asked the apex body for chartered accountants ICAI to meet the need of skilled accounting personnel for the growing rural economy. (Tue, 01 Jul 2008 13:38:11 GMT)

Senate minority seeks full accounting of typhoon rehab fund
MANILA, Philippines - The Senate minority bloc asked the presidential palace on Wednesday for a full accounting of rehabilitation fund released for the victims of typhoon "Frank" to ensure that all victims get the necessary help. (Wed, 02 Jul 2008 09:01:43 GMT)

Senate calls for full accounting of Palace rehab funds
Senators yesterday called for Malacañang to make a full accounting of all the rehabilitation funds disbursed so far for the relief operations in provinces hit by Typhoon “Frank.” (Wed, 02 Jul 2008 13:50:39 GMT)

AICPA PUBLISHES IFRS.COM WEBSITE TO INFORM MEMBERS AND FINANCIAL PROFESSIONALS ABOUT INTERNATIONAL ACCOUNTING STANDARDS
The American Institute of Certified Public Accountants has announced the introduction of IFRS.com, a new Web site developed in partnership with its marketing and technology subsidiary CPA2Biz to help members and financial professionals learn about and stay informed on International Financial Reporting Standards (IFRS).... (Wed, 02 Jul 2008 13:56:41 GMT)

Accounting Irregularities Fast-Track School Annexation
Accounting irregularities and declining fund balances are fast-tracking state officials' efforts to annex the Decatur School District into the Gentry, Gravette or Bentonville districts. (Wed, 02 Jul 2008 13:59:51 GMT)

Wall Street girds for battle on accounting rules
NEW YORK/WASHINGTON (Reuters)—In the middle of a credit crisis that only seems to get worse, Wall Street is mustering its lobbying clout to delay tougher accounting rules that would force banks to add $5 trillion to their balance sheets. (Wed, 02 Jul 2008 17:04:04 GMT)

FINANCIAL ACCOUNTING: AN INTRODUCTION
This book presents an expansive and up-to-date treatment of an ever-important discipline. Without over-simplifying the subject, Augustine Benedict and Barry Elliott have created a progressive guide to financial accounting which tackles not only the fundamentals, but also includes coverage of new and emerging topics - chief among them IFRS.... (Wed, 02 Jul 2008 19:55:37 GMT)

Sikich LLP and Rockford Accounting Firm Millikin Benning Kleckler & Kobischka, LLC Announce Merger
Jim Sikich, CEO of Sikich LLP, announces that Sikich has entered into a merger agreement with the accounting, tax, and business consulting practice of Millikin Benning Kleckler & Kobischka, LLC (MBK&K) in Rockford. (Wed, 02 Jul 2008 21:41:00 GMT)

India Plans To Adopt Accrual Based Accounting System - Government
NEW DELHI -(Dow Jones)- India's federal government plans to adopt an accrual based-accounting process in line with the changing information needs of decision makers, a government statement said Thursday. (Thu, 03 Jul 2008 07:28:34 GMT)

Govt to shift to accrual system of accounting
The government has accepted in-principle to gradually move from cash based to accrual basis of accounting, under which revenues and expenditure are shown in the books even when they are realised later, Controller General of Accounts said today. (Thu, 03 Jul 2008 09:30:45 GMT)

How to make accounting software cool
It was too weird to be true. In late 2006, a series of videos appeared on YouTube about a Willow Springs, Ill., resident named Kyle Bone who'd created a successful product called "the anti-shirt" - a shirt that exposed the area of one's torso that a normal tee shirt would cover and revealed the area that would otherwise be exposed. In short, said Bone, it cured the age-old problem of "farmer's ... (Thu, 03 Jul 2008 10:28:20 GMT)

Hopeful: Accounting background key factor
Mary Ann Prchlik knows the Plymouth Township clerk's job is roughly divided into two parts: accounting and elections. (Thu, 03 Jul 2008 11:06:50 GMT)

Grand Power Becomes a Member of China's Cargo Accounting Settlement System
CALGARY, ALBERTA AND HONG KONG, CHINA-- - Grand Power Logistics Group Inc. today announced that Grand Power Express International, a fully owned subsidiary of Grand Power has become a member of the Cargo Accounting Settlement System in China. (Thu, 03 Jul 2008 12:30:11 GMT)

Nod for new accounting system
NEW DELHI: The Union Government has accepted, in-principle, to move gradually from cash to accrual basis of accounting wherein revenues and expenditure are entered in the books even before actual realisations. Disclosing this at a conference ... (Thu, 03 Jul 2008 19:50:48 GMT)

Nine convicted in Austrian bank fraud
Helmut Elsner, the former chief executive of Bawag, was found guilty of breach of trust, fraud and false accounting and was sentenced to nine and a half years in prison. (Fri, 04 Jul 2008 12:05:23 GMT)

Accounting Plan Would Allow Use of Foreign Rules
Proposed regulatory changes would be a push toward global markets, but critics say the changes would dilute safeguards. (Sat, 05 Jul 2008 01:43:24 GMT)

By the numbers: At 19, a master's in accounting
Shayla Simmons is proof there that may be some truth to the adage, "age is nothin' but a number." (Sat, 05 Jul 2008 07:13:54 GMT)

Accounting Plan Would Allow Use of Foreign Rules
Officials say regulatory changes would attract investment and enhance U.S. competitiveness, but critics say the changes would dilute safeguards. (Sat, 05 Jul 2008 07:36:22 GMT)

Accounting for Family Time in Your Professional Timeline
Q How do you explain a gap in your career on a rÃ©sumÃ©? As a young professor, I sidelined my career for a few years to have a family. I gave up a tenure-track position at which I was very successful. After seven years, I took an adjunct professor position, and after two more years, I applied for another tenure-track position at the same university and was hired. I have had a successful career, ... (Sat, 05 Jul 2008 11:57:02 GMT)

NewsWatch: Corporate earnings on track for fourth straight quarterly drop
The profits of large U.S. companies are poised for their fourth straight year-over-year drop, with the housing market collapse and high energy prices accounting for much of the second quarter's pain. (Sat, 05 Jul 2008 13:06:24 GMT)

CPA Joan Saks needed to network to build the business -- My Biggest Mistake
PEGGY TURBETTTHE PLAIN DEALERJoan Saks, co-owner of Goodman & Saks, a certified public accounting firm in Beachwood, learned to network to build the firm. (Sun, 06 Jul 2008 04:17:52 GMT)

Metro tightens grant guidelines
Two years ago, the Project for Neighborhood Aftercare Inc. received $569,000 from Metro Nashville taxpayers, accounting for almost three of every four dollars the nonprofit organization could spend. (Sun, 06 Jul 2008 07:13:03 GMT)

City gets recognition for financial policies
The city of Simi Valley has received the highest recognition in the area of governmental accounting and financial reporting for its Comprehensive Annual Financial Report. (Sun, 06 Jul 2008 08:14:15 GMT)

SLO sewer rates set to jump in wake of accounting gaffe
San Luis Obispo residents will soon get notices in their sewer bills advising them of their rights to protest an unscheduled increase in rates set to take place in September. The proposed rate increase, reviewed and accepted by the City Council last week, is tied to bookkeeping mistakes a city consultant and the city Utilities Department made last year in determining rates. The mistakes ... (Sun, 06 Jul 2008 08:20:29 GMT)

Mobile music to be $7.3 billion industry by 2011
According to eMarketer, mobile and online music are set to be high growth markets accounting for 40% of the total music spend in 2009 (Sun, 06 Jul 2008 10:12:28 GMT)

BUSINESS COMPANIES
SOUTH BEND -- Dan Osberger, CPA, announces the formation of OASIS Financial Solutions Inc. to complement his tax and accounting practice. (Sun, 06 Jul 2008 11:06:30 GMT)

Bush to Keep Pressing Iran, North Korea on Nuclear Programs
July 6 (Bloomberg) -- President George W. Bush said the U.S. will keep pressing Iran to stop enriching uranium and ensure North Korea has given a full accounting of its nuclear program. (Sun, 06 Jul 2008 11:35:44 GMT)

A Window in a Smoky Market
The market for credit default swaps, one of the hottest and also one of the foggiest, might just get a bit clearer if a new accounting rule goes into effect. (Sun, 06 Jul 2008 12:36:50 GMT)

PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD INSPECTION REPORTS UPDATE
The Public Company Accounting Oversight Board has updated its audit firm inspection reports. Ary, Roepcke & Mulchaey, P.C. Bassie & Co. Bobbitt, Pittenger & Company, P.A. (Sun, 06 Jul 2008 23:19:27 GMT)

Hugh McColl's early lesson in accounting
It’s no accident that Hugh McColl Jr. grew up to be a financial wizard. (Mon, 07 Jul 2008 04:21:31 GMT)

Big Four accounting firms edge back into consulting biz
A half-dozen years after passage of the Sarbanes-Oxley Act, much of the compliance work is leveling off and large accounting firms are casting their eyes back to the consulting and midmarket audit work they previously abandoned. (Mon, 07 Jul 2008 04:23:01 GMT)

DWP sees concern in pensions accounting
Kevin Reed, Accountancy Age , Monday 7 July 2008 at 11:34:00 DWP to discuss pensions accounting concerns with the ASB The Department for Work and Pensions could step in to urge the Accounting Standards Board to look again at potential changes in the way companies account for their pension schemes.... (Mon, 07 Jul 2008 10:49:10 GMT)

DWP concerned over pensions accounting
Kevin Reed, Accountancy Age , Monday 7 July 2008 at 11:34:00 DWP to step in over City oncerns over lowered pension values The Department for Work and Pensions could step in to urge the Accounting Standards Board to look again at potential changes in the way companies account for their pension schemes.... (Mon, 07 Jul 2008 11:33:50 GMT)

Carrier houses/charges mobile printer and computer.
Supporting mobile printer and Motorola rugged mobile computers, RW 420 Route Palette allows workers to carry RW 420 printer for direct store delivery and route accounting. Ergonomic device can be carried by shoulder strap or fixed grip handle, or held in arm like painter's palette while user enters data and prints receipts, invoices, and inventory pick tickets. It features LED indicators, ... (Mon, 07 Jul 2008 13:09:11 GMT)

Heineken to restate S&N accounts
Dutch firm Heineken confirmed that it plans to restate accounts for newly acquired Scottish & Newcastle, saying it is more conservative than its British rival in its accounting method. (Mon, 07 Jul 2008 13:26:00 GMT)

Goldman Sachs opens hedge fund office in Toronto
Goldman Sachs Group, Inc. has opened a new hedge fund administration office in Toronto, the Ontario government announced Friday. The newest Goldman Sachs Administration Services office expands the fund accounting and investor servicing areas of its hedge fund administration operations. (Mon, 07 Jul 2008 14:23:34 GMT)

Accounting and Consultancy
In good times, many legal questions may be academic. But when there is a crisis, whether basic legal principles have been followed becomes a vital question. (Mon, 07 Jul 2008 14:24:58 GMT)

PKF Texas' Raissa Evans Elected to National Board of the Association for Accounting Marketing
Pannell Kerr Forster of Texas, P.C. (PKF Texas) is pleased to announce Raissa Evans, Senior Manager - Practice Growth, has been elected to the national board for the Association for Accounting Marketing (AAM). (Mon, 07 Jul 2008 19:04:00 GMT)

Housing, accounting worries sink Fannie, Freddie
NEW YORK - Shares of mortgage purchasers Fannie Mae and Freddie Mac tumbled today after a Federal Reserve official warned housing market problems would likely extend into next year and an analyst said accounting changes could leave the two woefully short of necessary capital reserves. (Mon, 07 Jul 2008 20:22:45 GMT)

Housing, accounting worries sink Fannie, Freddie
Shares of mortgage purchasers Fannie Mae and Freddie Mac tumbled Monday after a Federal Reserve official warned housing market problems would likely extend into next year and an analyst said accounting changes could leave the two woefully short of necessary capital reserves. (Mon, 07 Jul 2008 23:34:16 GMT)

Housing, accounting worries sink shares of Fannie Mae and Freddie Mac
NEW YORK - Shares of mortgage purchasers Fannie Mae and Freddie Mac tumbled Monday after a U.S. Federal Reserve official warned housing market problems would likely extend into next year and an analyst said accounting changes could leave the two woefully short of necessary capital reserves. (Tue, 08 Jul 2008 01:39:00 GMT)

Push for New Accounting Standards Gains Speed
The Bush administration and the Securities and Exchange Commission are pressing forward with a plan that would allow American companies to opt out of using U.S. accounting standards in favor of international ones as a way to ease global business dealings and help corporations raise capital around the world. (Tue, 08 Jul 2008 02:50:02 GMT)

Mortgage Giants Take Beating On Housing, Accounting Fears
Shares of Fannie Mae and Freddie Mac plunge to their lowest levels in more than 14 years, as concerns about the housing market and accounting rise. (Tue, 08 Jul 2008 05:14:14 GMT)

Housing, accounting worries sink Fannie, Freddie
NEW YORK - Shares of mortgage purchasers Fannie Mae and Freddie Mac tumbled yesterday after a Federal Reserve official warned housing market problems would likely extend into next year and an analyst said accounting changes could leave the two woefully short of necessary capital reserves. (Tue, 08 Jul 2008 06:30:27 GMT)

New accounting norms likely for Telcos
NEW DELHI: Telecom companies are likely to have new accounting norms soon for recording transactions such as issuance of life-time validity cards and full value pre-paid cards. (Tue, 08 Jul 2008 11:13:44 GMT)

Telcos may have new accounting norms soon
The Institute of Chartered Accountants of India is in the process of clarifying the procedure for accounting of these peculiar transactions for which there is no precedence."We will issue explanations and clarifications as to how to record certain transactions which are innovative in nature," ICAI President Ved Jain told PTI. (Tue, 08 Jul 2008 11:36:26 GMT)

Global Talent Shortage Continues in Accounting and Finance; Report Finds Hiring and Retaining Skilled Professionals ...
A shortage of experienced accounting and finance professionals continues to affect employers around the world, according to the second annual Robert Half Global Financial Employment Monitor. (Tue, 08 Jul 2008 12:00:00 GMT)

Fannie Mae, Freddie Mac shares bounce back amid speculation about impact of accounting rules
NEW YORK - Shares of mortgage financiers Fannie Mae and Freddie Mac bounced back Tuesday, a day after plunging over worries the pair might need billions of dollars in new capital if a new accounting rule is put into effect. (Tue, 08 Jul 2008 18:47:13 GMT)

Former accounting professor always challenged his students
Woodrow "Woody" Eber is remembered by his former students as a helpful professor and an honorable man. "He was honest and hard working. His word was his bond," said Accounting professor William Hood, Eber's former student in the 1970s for tax accounting and auditing. (Wed, 09 Jul 2008 01:42:41 GMT)

New accounting plan gaining momentum / U.S. firms could file reports under international rules
The Bush administration and the Securities and Exchange Commission are pressing forward with a plan that would allow American companies to opt out of using U.S. accounting standards in favor of international ones as a way to ease global business dealings and... (Wed, 09 Jul 2008 07:43:53 GMT)

Accounting scholarships to give 300 undergrads a headstart
THE accounting industry is dangling a new generous incentive scheme lure more graduates into the profession. (Wed, 09 Jul 2008 08:40:56 GMT)

Wall Street wrong to blame credit crisis on accounting
Kevin Reed, Accountancy Age , Wednesday 9 July 2008 at 10:06:00 JPMorgan Chase chief slams Wall Street for blaming credit crunch on acocunting rules JPMorgan Chase & Co's chief executive has slammed Wall Street bosses for blaming the credit crunch on accounting rules. Jamie Dimon said in an interview with Charlie Rose with US... (Wed, 09 Jul 2008 09:33:57 GMT)

Wall Street wrong to blame credit crisis on accounting
JPMorgan Chase & Co's chief executive has slammed Wall Street bosses for blaming the credit crunch on accounting rules. Jamie Dimon said in an interview with Charlie Rose with US broadcaster PBS: 'It was not an accounting issue, okay? The people who made the mistakes are to blame.' (Wed, 09 Jul 2008 10:02:35 GMT)

DoF holds workshop on best accounting practices
Abu Dhabi Department of Finance (DoF), the financial arm of the Emirate of Abu Dhabi, organized an orientation workshop on Accrual Accounting in the governmental sector. (Wed, 09 Jul 2008 11:00:39 GMT)

Vitale Caturano Ranked '#1 Best Firm to Work For' in National Accounting Survey
Vitale Caturano, New England's largest regional full-service CPA firm, has been named the "#1 Best Firm to Work For" in a national survey on quality of life at major U.S. accounting firms. (Wed, 09 Jul 2008 13:52:00 GMT)

Fair-Value Accounting Examined At SEC Roundtable
(RTTNews) - The role of fair-value accounting in the credit turmoil was examined by the SEC Wednesday, as a panel of experts argued about both the benefits and drawback of fair-value accounting, including whether or not fair-value market accounting is pro-cyclical. (Wed, 09 Jul 2008 16:16:59 GMT)

AICPA Receives More Than 360 Accounting Scholarship Applications after Successful Student Leadership Workshop
The American Institute of Certified Public Accountants received more than 360 minority accounting scholarship applications following a successful workshop entitled "Lead the Way, Make a Difference, Become a CPA" to promote diversity within the accounting profession held May 29-31 in Peachtree, GA. (Wed, 09 Jul 2008 17:15:24 GMT)

Texas Accounting Clerk Accused Of Embezzling Millions
An accounting clerk for a Texas window-covering company is accused of embezzling millions of dollars and spending the money on everything from foreign travel to tens of thousands of dollars worth of furniture. (Wed, 09 Jul 2008 17:19:55 GMT)

Dimon vs. Schwarzman: The Great Accounting Debate
Who knew an accounting rule could create such a divide between Wall Street bigwigs? Twice this week, James Dimon, the head of one of the largest banks in the world, has taken pains to put himself on the opposite side of Stephen Schwarzman, who leads one of the biggest private equity firms, in the debate over a bookkeeping rule called FAS 157. That rule was the subject of a recent DealBook column ... (Wed, 09 Jul 2008 17:56:45 GMT)

AEGON Canada outsources investment accounting to RBC Dexia
AEGON Canada Inc. and RBC Dexia Investor Services today announced they have signed a letter of intent to have RBC Dexia provide investment accounting services to AEGON Canada for its portfolio of 160 funds worth $8.5 billion. (Wed, 09 Jul 2008 20:53:12 GMT)

Rival Indy accounting firms to merge
Katz Sapper & Miller, one of the city's largest accounting firms, is acquiring a local rival to boost its employee benefit consulting business and serve more national clients. (Thu, 10 Jul 2008 06:58:32 GMT)

Survey shows accounting firms operating below capacity due to talent shortage
SINGAPORE : Accounting firms in Singapore are not only having difficulties in hiring staff but also retaining them, according to a survey by the Institute of Chartered Accountants. (Thu, 10 Jul 2008 10:02:56 GMT)

Accounting Software meets needs of non-profit organizations.
Peachtree Premium Accounting for Nonprofits 2009 provides small nonprofit organizations budgeting, forecasting, and planning capabilities along with flexible payroll options and time and expense tracking. Other features include nonprofit-specific reports and templates for fundraising and donor relations, Crystal Reports® 2008 with end-user report view and report designer, and real-time error ... (Thu, 10 Jul 2008 12:48:33 GMT)

Big rewrite of accounting fair value ruled out
BRUSSELS - A rewrite of an accounting rule blamed by critics for sparking big writedowns among banks is ruled out in favour of better guidance on how to apply it, a top standard-setter said. (Thu, 10 Jul 2008 13:06:47 GMT)

Government Accounting Body Scrutinizes Rules for Pensions
Accounting rule makers started an ambitious project to force state and local governments to reveal the true cost of their pension promises. (Fri, 11 Jul 2008 02:58:24 GMT)

Accounting graduates aim for Big Four firms
Singapore - Accounting graduates in Singapore set their sights on the Big Four accounting firms, a study of the profession said on Friday. Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers have considerably less trouble attracting new hires th... (Fri, 11 Jul 2008 05:33:01 GMT)

BancTec Appoints Paul Diegelman Vice President of Finance and Accounting Business Process Outsourcing (BPO)
BancTec, a global provider of advanced, high volume, document and payment processing solutions and services, today announced the appointment of Paul E. Diegelman as divisional vice president of finance and accounting BPO, Americas. (Fri, 11 Jul 2008 13:00:00 GMT)

BankUnited exec given accounting post
BankUnited Financial (BKUNA) named Lucious Timothy Harris, senior vice president of its namesake BankUnited since May, to the post of the company's principal accounting officer. Harris is a former chief financial officer of Hamilton Bank and a consultant. (Fri, 11 Jul 2008 13:19:27 GMT)

Laureate Education, Inc. Appoints Senior Vice President and Chief Accounting Officer
BALTIMORE----Laureate Education, Inc. today named Amit Rai Senior Vice President and Chief Accounting Officer. Mr. Rai takes over for Gary Wojtaszek, who had served as Senior Vice President, Treasurer and Chief Accounting Officer. (Fri, 11 Jul 2008 13:37:00 GMT)

Accounting firms welcome ACRA's measures to ease talent crunch
SINGAPORE : Accounting firms are excited by upcoming measures to help ease the talent crunch in the sector. This comes one day after the Accounting and Corporate Regulatory Authority (ACRA) announced its intent to find alternative talent streams and grow the accountancy profession. (Fri, 11 Jul 2008 15:02:56 GMT)

Laureate Education, Inc. Appoints Senior Vice President and Chief Accounting Officer
Laureate Education, Inc. today named Amit Rai Senior Vice President and Chief Accounting Officer. Mr. Rai takes over for Gary Wojtaszek, who had served as Senior Vice President, Treasurer and Chief Accounting Officer. Mr. Wojtaszek is leaving Laureate to serve as Chief Financial Officer at Cincinnati Bell. (Fri, 11 Jul 2008 18:14:43 GMT)

OfficeMax Names Deborah O'Connor Chief Accounting Officer
OfficeMax Incorporated today announced that Deborah O'Connor will assume the role of senior vice president, finance and chief accounting officer, effective July 15, 2008. (Fri, 11 Jul 2008 19:12:00 GMT)

UAL Plans Large Accounting Charges
United Airlines? parent said in a regulatory filing Friday that it would record $2.6 billion to $2.7 billion in accounting charges in the second quarter. (Sat, 12 Jul 2008 02:14:54 GMT)

United to record accounting charges
United Airlines parent UAL Corp. said it will record $2.6 billion to $2.7 billion of accounting charges in the second quarter, according to a regulatory filing Friday. (Sat, 12 Jul 2008 03:28:48 GMT)

UAL Plans Large Accounting Charges
United Airlines’ parent said in a regulatory filing Friday that it would record $2.6 billion to $2.7 billion in accounting charges in the second quarter. (Sat, 12 Jul 2008 21:37:05 GMT)

Quinn Donors Giving Less Amid Inquiry Into Council
Christine. C. Quinn?s fund-raising efforts for her mayoral run have been stalled by the scandal over the City Council?s questionable accounting practices. (Sun, 13 Jul 2008 05:19:07 GMT)

Business people/Hires, Promotions & Honors
Sandhill Investment Management in Buffalo named Gary Stott vice president of business development. Stott, an accounting graduate from Canisius College, has more than 25 years of sales and financial experience. He most recently was president of a business and human resource consulting practice and a medical recruiting business. (Sun, 13 Jul 2008 11:09:16 GMT)

Accounting and Consultancy
In an important decision last week, the Court of Appeal considered whether or not a company which had committed fraud could nevertheless claim against its own auditors for failing to detect and report that fraud. (Sun, 13 Jul 2008 12:24:28 GMT)

On the Go
Brockman Coats Gedelian & Co.: Katie Large joined the regional certified public accounting and consulting firm as a receptionist, and Daniel Papadelis as senior tax associate. (Sun, 13 Jul 2008 12:33:03 GMT)

Accounting firm leases at Woodfield Crossing
The accounting firm Dunbar Cook & Shepard has leased 10,600 square feet at Four Woodfield Crossing Office Park, 8250 Woodfield Crossing Blvd., on the Far Northside. Summit Realty represented Dunbar Cook. CB Richard Ellis represented the landlord, Federal Home Loan Bank. (Mon, 14 Jul 2008 06:56:12 GMT)

14-07-2008: Fair value accounting does not worsen credit crisis
KUALA LUMPUR: Disclosure of mark-to-market losses does not worsen the credit crisis but reflects the actual financial health of a corporation’s investment portfolio, accounting experts said. (Mon, 14 Jul 2008 08:10:40 GMT)

Kaletsky: set limits to mark-to-market accounting
Alex Hawkes, Accountancy Age , Monday 14 July 2008 at 09:51:00 Times' economic commentator says rules would have made most banks through history technically insolvent Limits must be set to the 'absurdity' or mark-to-market accounting, respected economic commentator Anatole Kaletsky has said. In a column in The Times, Kaletsky says that suggestions that US mortgage... ... (Mon, 14 Jul 2008 09:19:00 GMT)

China's Largest Zinc Smelters to Consider Output Cuts (Update3)
July 14 (Bloomberg) -- China's largest zinc smelters, accounting for more than 12 percent of global output, may cut production as oversupply pushed prices down a quarter this year. (Mon, 14 Jul 2008 09:36:30 GMT)

Kaletsky: set limits to mark-to-market accounting
Limits must be set to the 'absurdity' or mark-to-market accounting, respected economic commentator Anatole Kaletsky has said. (Mon, 14 Jul 2008 09:47:39 GMT)

China's Largest Zinc Smelters to Consider Output Cuts (Update4)
July 14 (Bloomberg) -- China's largest zinc smelters, accounting for more than 12 percent of global output, may reduce production after oversupply cut prices by a quarter this year. (Mon, 14 Jul 2008 10:51:20 GMT)

Accounting shifting to international standards
NORTH BAY – With the economy becoming increasingly global, pressure is building for financial statements to be universal. (Mon, 14 Jul 2008 11:39:53 GMT)

Software offers construction, accounting, and analysis tools.
Available with Crystal Reports® 2008, Peachtree by Sage Premium Accounting for Construction enables SMBs to track progress billing, calculate labor burden, and monitor insurance expiration dates. Companies can report on data outside of 2 open years, allowing them to compare budgets and financial results using comprehensive historical trends. It features cash flow management, real time error ... (Mon, 14 Jul 2008 12:57:06 GMT)

Accounting Software includes planning and analysis tools.
Peachtree 2009 features Cash Manager Tool that enables users to project cash flow and also gives ability to run what-if scenarios to see impact of activities, such as addition or elimination of inventory, pricing changes, addition of staff or other investments, on business. Multi-year Reporting allows for accurate budgeting, trend analysis, and forecasting. Software also offers reporting and ... (Mon, 14 Jul 2008 12:57:18 GMT)

Pensions body warns on accounting proposals
Controversial accounting proposals will hasten the closure of more final salary pension schemes if they are adopted a leading pensions group said on Monday (Mon, 14 Jul 2008 16:16:52 GMT)

Survey finds shortage of accounting, finance workers
A majority of employers say they're having trouble finding qualified accounting and finance professionals for the second year in a row, according to a recent survey by Robert Half International. (RHI) (Mon, 14 Jul 2008 19:42:43 GMT)

Girard Miller to Resign from Governmental Accounting Standards Board
Robert E. Denham, chairman of the Financial Accounting Foundation (FAF) Board of Trustees, today announced that Girard Miller, one of six part-time members of the Governmental Accounting Standards Board (GASB) is resigning from the Board, effective July 31, 2008, to accept a senior strategic consulting position in the private sector. (Mon, 14 Jul 2008 20:50:06 GMT)

Appointment to Accounting Standards Review Board
Commerce Minister Lianne Dalziel today announced the appointment of Ralph Simpson as a new member of the Accounting Standards Review Board (ASRB) for a five-year term. (Mon, 14 Jul 2008 22:13:27 GMT)

US Airways Group to take $622M accounting charge
US Airways Group Inc. says it will take a $622 million accounting charge in its second quarter to reflect the effect of soaring fuel prices. (Tue, 15 Jul 2008 04:12:24 GMT)

Accounting gets image makeover
The accounting profession isn't typically viewed as an exciting one. A program in New Paltz for young people is doing everything it can to break that common misconception. (Tue, 15 Jul 2008 07:05:40 GMT)

Accounting firm pair earn CPA licenses
Anastasia V. Lushnikova and Michael C. Aebi of Hoots, Baker & Wiley, Certified Public Accountants, received CPA licenses. Both have been employed by the firm since 2005 and have previous accounting experience in the public and private sectors. (Tue, 15 Jul 2008 10:24:20 GMT)

DR Group now part of Rochester accounting firm
The DR Group, a network of accounting, business, and financial consulting firms based in Albany, N.Y., has merged with The Bonadio Group of Rochester, N.Y. (Tue, 15 Jul 2008 15:09:55 GMT)

Accounting Is a Super-Hot Career Field!
While students enter accounting in droves, companies beg for experienced candidates. (Tue, 15 Jul 2008 16:06:29 GMT)

The Schonbraun McCann Group LLP Announces Name Change to 'Cornerstone Accounting Group LLP'
NEW YORK----The Schonbraun McCann Group LLP, the nation's only public accounting firm dedicated to the real estate industry, announced today that it has changed its name to Cornerstone Accounting Group LLP. (Tue, 15 Jul 2008 17:30:00 GMT)

National Accounting & Finance Council's 2008 Executive Education Forum
7/16/2008 The National Accounting & Finance Council is accepting registrations for its annual Executive Education Forum, scheduled for September 7-9 in Indianapolis. (Wed, 16 Jul 2008 07:11:24 GMT)

Accounting chiefs call for free trade agreement
Accounting chiefs have added their voices to a list of high profile blue chip executives calling for free trade deal ahead of scheduled talks in Geneva tomorrow to further Doha discussions among minsters at the World Trade Organisation. (Wed, 16 Jul 2008 09:02:35 GMT)

Accounting chiefs call for free trade agreement
Penny Sukhraj, Accountancy Age , Wednesday 16 July 2008 at 09:49:00 The business chiefs said that as the ministers gathered for tomorrow's talks, they need to deliver 'progress that has so far been elusive' Accounting chiefs have added their voices to a list of high profile blue chip executives calling for free trade deal ahead of scheduled talks in Geneva tomorrow to further Doha... ... (Wed, 16 Jul 2008 09:03:50 GMT)

U.S. Accounting Firm Virchow Krause Selects Gemalto to Protect Client Data
AUSTIN, Texas----Gemalto, the world leader in digital security, today announced the first deployment of Protiva .NET Dual tokens at Virchow Krause & Company LLP , the 15th largest accounting firm in the United States. (Wed, 16 Jul 2008 12:30:00 GMT)

Looking for a Growth Career? Accounting Is Hot
(ARA) - Looking for a career with lots of growth potential? According to the Bureau of Labor Statistics, the employment of accountants and auditors is expected to grow at least 18 percent by 2016 -- a rate faster than the average for all other occupations. (Wed, 16 Jul 2008 14:23:31 GMT)

KPMG Foundation Awards $410,000 in Scholarships to 41 Minority Accounting Doctoral Students
The KPMG Foundation today announced it has granted $410,000 in scholarship awards to 41 minority doctoral students for the 2008-2009 academic year as part of its Minority Accounting Doctoral Scholarship program. The scholarships are part of a broad effort by the Foundation to increase the number of minority students and professors in business schools. (Wed, 16 Jul 2008 16:02:00 GMT)

Accounting firm refutes Oilcorp’s allegations
PETALING JAYA: Accounting firm Baker Tilly Monterio Heng (BTMH) has refuted Oilcorp Bhd's allegations that its action not to issue any amended annual audited accounts is detrimental to the company's shareholders. (Wed, 16 Jul 2008 23:46:40 GMT)

Novartis's profit rises 17% in 2nd quarter
A one-time accounting benefit, the weak U.S. dollar and cost-cutting efforts helped the Swiss drug maker. (Thu, 17 Jul 2008 07:05:23 GMT)

Accounting program doctored, Livent trial told
Livent's former IT manager doctored the theatre production company's computerized accounting program so staff could reverse entries without leaving an audit trail, a fraud trial for co-founders Garth Drabinsky and Myron Gottlieb was told. (Thu, 17 Jul 2008 10:34:13 GMT)

Biz Buzz: Accounting partners splinter off to form new firms
Three Central Coast partners of Barbich Longcrier Hooper and King — one of the largest accounting companies serving San Luis Obispo County—have split off to establish their own independent accounting firms. Wayne Longcrier, Gary Jensen and Eric Schwefler, who made the split official June 30, will each maintain their own clients and 35 of the 40 employees formerly with Barbich Longcrier Hooper ... (Thu, 17 Jul 2008 14:10:46 GMT)

Grant Thornton Tops Public Accounting Report's 2008 Q2 Audit Rankings
CHICAGO----Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd., one of the six global, accounting, tax and business advisory organizations, took first place in the Public Accounting Report’s second quarter audit rankings. (Thu, 17 Jul 2008 16:35:00 GMT)

Western Sierra Mining Reports Valuation of Recent Arizona Mining Property Acquisition for Accounting and Reporting ...
LAKE HAVASU CITY, Ariz.----Western Sierra Mining Corp. announced today that the Company has determined the valuation of the Company’s recent acquisition of eight ore bearing properties in Arizona and recorded this amount on the Company’s books for accounting and future reporting purposes. (Thu, 17 Jul 2008 17:58:00 GMT)

KPMG Awards Scholarships to Minority Accounting Doctoral Students
July 18, 2008 (SmartPros) The KPMG Foundation announced it has granted $410,000 in scholarship awards to 41 minority doctoral students for the 2008-2009 academic year as part of its Minority Accounting Doctoral Scholarship program. (Fri, 18 Jul 2008 03:58:11 GMT)

Karl's Kitchen
Sloppy accounting, pesky regulation, process inefficiencies—not just issues a C.E.O. faces. So does a guy trying to redo his apartment. (Fri, 18 Jul 2008 04:00:00 GMT)

TeleTech account practices reviewed
Two government agencies are reviewing TeleTech Holdings Inc.'s accounting for stock-option grants over a 12-year period, the Douglas County company said in a filing Wednesday. (Fri, 18 Jul 2008 06:46:28 GMT)

People making news
Atlas Oil Co., a national distributor of petroleum products and related services, has named Gary Hibbler corporate controller at its Taylor location. In this role, Hibbler will oversee the company's financial statement and accounting operations, bringing more than 14 years of experience in finance to the position. (Fri, 18 Jul 2008 07:14:33 GMT)

No accounting for taste
I lost my iPod. It fell out of my backpack while cycling somewhere between 177 Lombard Ave. and McNally Robinson Grant Park. I wasn't in love with it, so I'm neither desperate nor hopeful for a safe return of the device. (Fri, 18 Jul 2008 09:53:02 GMT)

AAPL Drops 3% in Afternoon Trading, Deferred Revenue Accounting Earning Attention
Shares in Apple Inc. have taken a 3.27% hit in trading Friday, down US$5.62 per share as of this writing. Shares are trading at $166.19, having bounced off a low of $165.50 per share during late morning trading. Even while traders were selling the stock lower, Apple's deferred revenue accounting practices were catching the attention of mainstream financial outlet, Dow Jones (Fri, 18 Jul 2008 18:25:00 GMT)

Md. Senator Calls For Full Accounting Of Surveillance
Maryland Sen. Ben Cardin is calling for a "full accounting" of surveillance activities by federal, state and local officials. (Fri, 18 Jul 2008 20:15:43 GMT)

Senators, Gov. Call For Full Accounting Of Surveillance
Gov. Martin O'Malley says that state police are obligated to investigate threats to public safety, but his administration will not use public resources to monitor anti-war and anti-death penalty groups. (Fri, 18 Jul 2008 21:07:37 GMT)

American to cut 1,500 support jobs
AMR Corp.'s American Airlines will cut 1,300 mechanic and maintenance jobs, accounting for almost 20 percent of the positions it plans to eliminate this year. An additional 200 management and support jobs in those operations also will be dropped, spokeswoman Tami McLallen said yesterday. (Sat, 19 Jul 2008 07:45:48 GMT)

Lawsuit Threatens Sarbanes-Oxley Act
Just when you thought that the drive toward better financial accounting couldn't be stopped, a stick may be shoved into the spokes. A decision expected soon from a federal court might throw the Sarbanes-Oxley Act into limbo. The law, also known as SOX, is essential to the movement for accurate an... (Sat, 19 Jul 2008 20:42:01 GMT)

Accounting board studying pension rules
As cities and states struggle with ballooning retirement costs, accounting rule makers started an ambitious project recently to fo (Sun, 20 Jul 2008 04:13:38 GMT)

Ex-Fannie Mae chief laments company's tumble
In the four years since he stepped down as Fannie Mae's chief executive under the shadow of a $6.3 billion accounting scandal, Franklin Raines has been quietly constructing a new life. (Sun, 20 Jul 2008 06:43:28 GMT)

Figtree Integrates Buttonwood with AccountMate Accounting Software for Promotional Item Vendors to Help Link your ...
Figtree announced today that it has integrated the Buttonwood eCommerce and Order Management solution for promotional products distributors with AccountMate accounting software. This simplifies linking your e-store to your accounting system. (Sun, 20 Jul 2008 07:01:00 GMT)

More lab space at Hickam to help identify missing personnel faster
The Joint POW/MIA Accounting Command in Hawai'i is tripling its lab space for the analysis of American war dead, a move (Sun, 20 Jul 2008 11:13:40 GMT)

STEIN
Milton Stein, 92, of West Hartford died July 5. He was the husband of Selma Lee Roth Stein. Born in Hartford, he was the son of the late Harry and Elizabeth Stein. He attended local schools and graduated Hillyer College with high honors in accounting. (Sun, 20 Jul 2008 14:08:47 GMT)

Accounting firm Horne LLP expanding
Accounting firm Horne LLP is expanding its Memphis office yet again and is now turning its eye toward establishing a tax practice here to complement its growing auditing business. (Mon, 21 Jul 2008 05:08:13 GMT)

Accounting is losing pencil-pushing image
Forget the stereotype. Accounting is cool. Apparently, a lot of students leaving high school think so, too. (Mon, 21 Jul 2008 05:33:08 GMT)

Rochester accounting firm buys DR Group in bid to become regional powerhouse
The DR Group's merger with a Rochester firm could result in a local office that is twice the size of the current DR Group. (Mon, 21 Jul 2008 06:14:41 GMT)

Carbon counter Carbonnetworks grabs funds
At the confluence of clean tech and IT, Carbonnetworks nabs $5 million to expand sales of its carbon accounting software package. (Mon, 21 Jul 2008 13:04:17 GMT)

Two accounting firms merge
Accounting firms Cross, Fernandez & Riley LLP and Beckert, Price & Rowse P.A. plan to merge. (Mon, 21 Jul 2008 13:08:42 GMT)

Konica Minolta Introduces PageScope Enterprise Suite for MFP Accounting and Authentication Management
RAMSEY, N.J.----Konica Minolta Business Solutions U.S.A., Inc. , a leading provider of advanced imaging and networking technologies for the desktop to the print shop, today announced the release of PageScope Enterprise Suite, a solution that brings enterprise-level accounting, user management and authentication to businesses of all sizes. (Mon, 21 Jul 2008 13:31:00 GMT)

McCain Outspent Obama In June
Barack Obama reported $25.6 million in spending in June, his lowest monthly operating costs of the year. John McCain disbursed $27 million in the month, including $1.2 million to a special accounting fund for the fall campaign. (Mon, 21 Jul 2008 14:00:02 GMT)

West Hawk Development Corp.: New VP of Accounting/Controller
DENVER, COLORADO-- - West Hawk Development Corp. is pleased to announce the appointment of Kongrui Wang to VP of Accounting / Controller. Mrs. Wang formerly held the position of Accounting Manager of West Hawk. (Mon, 21 Jul 2008 20:32:49 GMT)

Oilcorp EGM over accounting dispute open to all
PETALING JAYA: Oilcorp Bhd's EGM yesterday related to an accounting disagreement was conducted in an open manner. (Mon, 21 Jul 2008 23:00:33 GMT)

WellCare Health Plans Admits Accounting Errors
WellCare Health Plans said Monday it will restate more than three years' worth of financial reports because of accounting errors relating to government contracts with Florida and Illinois. (Mon, 21 Jul 2008 23:33:17 GMT)

UAL swings to $2.73 billion 2Q loss on fuel and accounting charges
MINNEAPOLIS - United Airlines parent UAL Corp. says it lost $2.73 billion in the second quarter on a combination of accounting charges and high fuel prices. (Tue, 22 Jul 2008 13:01:25 GMT)

Paulson Weighs in on Mark-to-Market Debate
Some of the biggest names in high finance have spoken out about FAS 157 . That’s an accounting rule that set new standards for when certain securities need to be “marked to market.” (Tue, 22 Jul 2008 13:46:01 GMT)

UAL reports 2Q loss of $2.73 billion
United Airlines parent UAL Corp. said Tuesday it lost $2.73 billion in the second quarter on a combination of accounting charges and high fuel prices, and said it would reduce its work force by 7,000 people by the end of 2009 as it permanently reduces the amount of flying it does. (Tue, 22 Jul 2008 14:13:18 GMT)

Mergis Group Survey Shows Slight Decline in Overall Confidence for Accounting and Finance Professionals
The Accounting and Finance Employee Confidence Index, a measure of overall confidence among U.S. accounting and finance workers, decreased 0.7 point to 49.8 in the second quarter of 2008, reaching a new low since the survey began in 2005, according to a recent survey commissioned by The Mergis Group® and conducted by Harris Interactive®. (Tue, 22 Jul 2008 18:48:00 GMT)

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