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Rome Rock Association agrees to hire accounting firm for audits
ROAMING SHORES— In response to residents’ petitions turned in last month, Rome Rock Association directors have agreed to hire a certified public accounting firm to do yearly audits on the association finances. (Sat, 23 Aug 2008 05:30:18 GMT)

Nigeria, S.Africa worst greenhouse gas emitters in Africa: experts
Nigeria and South Africa are the main emitters of greenhouse gases in Africa, accounting for almost 90 percent of the emissions in the continent, environmental experts said Saturday. (Sat, 23 Aug 2008 20:34:51 GMT)

Accounting team’s work recognized
Anheuser-Busch, supplier to County Distributing Co. Inc., recently recognized the route accounting team of Ronda Thomas, Misty Heistand and office manager Gretchen Campbell for perfect sales and inventory reporting for 2007. (Sun, 24 Aug 2008 00:44:03 GMT)

Tax loopholes cost billions annually: report
Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the U.S. government $20 billion a year even as the pay gap between chief executives and employees has widened, two groups said on Monday. (Mon, 25 Aug 2008 04:36:51 GMT)

For accounting grads, sky is still the limit
Joseph F. Cannella, a Big 4 accounting recruiter, will hit the road in September looking for top prospects the way pro football scouts inspect Saturday afternoon talent to see who might get to play on Sundays with an NFL team. (Mon, 25 Aug 2008 06:12:58 GMT)

Appeals Court Upholds Accounting Law
The U.S. Court of Appeals for the District of Columbia Circuit rejected a lawsuit that challenged the creation of a non-profit board to set auditing requirements and police the accounting firms that audit public companies, The Washington Post reported Friday. (Mon, 25 Aug 2008 06:15:13 GMT)

Accounting firms, nonprofits face more complex Sarbox reporting
The accounting and nonprofit industries are gearing up for one of the most dramatic changes in 30 years to Form 990, the annual return filed by most tax-exempt organizations. (Mon, 25 Aug 2008 06:34:25 GMT)

SEC to set timeline for shift to international accounting rules
The Securities and Exchange Commission this week will set a time frame for letting American companies drop U.S. accounting rules and start issuing financial statements using international provisions. (Mon, 25 Aug 2008 06:57:19 GMT)

Soft Trac Named One of Accounting Technology Magazine's "Killer VARs" for 2008
Soft Trac, LLC, a Maine-based Sage Software Business Partner offering solutions, including Sage MIP Fund Accounting, Sage Fundraising, and Sage FAS Fixed Assets, to nonprofits, today announced they have been selected by Accounting Technology magazine as one of 14 "Killer VARs" of 2008. (Mon, 25 Aug 2008 07:01:00 GMT)

Vietnam to sign ASEAN accord on accounting and auditing
Prime Minister Nguyen Tan Dung has approved the content of an ASEAN framework agreement on mutual recognition of accounting and auditing services. (Mon, 25 Aug 2008 09:46:04 GMT)

New Accounting system to be introduced
Centre is in the process of introducing a 'new accrual' system for government accounts, to bring in more transparency and accountablity, Vinod Rai, Comptroller and Auditor General of India, said today. (Mon, 25 Aug 2008 10:28:14 GMT)

Tops Adds 40 Accounting Jobs
Tops Markets, LLC said it has created 40 local accounting jobs as part of a promise to boost the size of its work force as it transitions to a locally managed and operated company. (Mon, 25 Aug 2008 12:20:26 GMT)

Tax loopholes seen costing billions annually
Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the government $20 billion a year even as the pay gap between chief executives and employees has widened, two groups said on Monday. (Mon, 25 Aug 2008 13:43:54 GMT)

Oman- More women pursuing careers in accounting and finance
Oman- More women pursuing careers in accounting and finance (Mon, 25 Aug 2008 15:43:06 GMT)

New accounting system on cards
The Union government is working towards switching over from the age-old accounting practice of cash basis to accrual system for government accounts, to bring in more transparency and accountability, Vinod Rai, Comptroller and Auditor General of India said. (Mon, 25 Aug 2008 21:03:22 GMT)

Stephen A. Bonick Honored by Cambridge Who's Who for Excellence in Accounting and Business Management
Stephen A. Bonick, President of Tax and Financial Planning Associates of Beverly Hills, Inc., has been recognized by Cambridge Who's Who for showing dedication, leadership and excellence in all aspects of accounting and business management. (Mon, 25 Aug 2008 21:30:00 GMT)

Mac users passionate about online accounting s/w
LONDON, UK: Mac users are generally more likely to rave about their computers' great graphical capability than the business software they can use, but a new online accounting package called Xero is out to change all that. (Mon, 25 Aug 2008 21:59:02 GMT)

Accounting firm Virchow Krause files for new name
Virchow Krause, the Madison accounting firm, founded in 1931, is asking for regulatory approval to add the name of Baker Tilly to its identity. Based in London, Baker Tilly International is the eighth-largest worldwide accounting and business services network. Its 144 independent, affiliated firms have combined revenue exceeding $2.7 billion. Virchow Krause, the 15th-largest U.S. accounting ... (Tue, 26 Aug 2008 01:02:05 GMT)

Brazil's Government To Adopt International Accounting Standards
BRASILIA -(Dow Jones)- Brazil's government will adopt internationally recognized accounting standards for public sector accounts, the Finance Ministry said Tuesday. (Tue, 26 Aug 2008 14:01:46 GMT)

Symmetry Medical Appoints Chief Accounting Officer
Symmetry Medical Inc. , a leading independent provider of products to the global orthopaedic device industry and other medical markets, announced today the appointment of Ronda Harris to Chief Accounting Officer, effective September 1, 2008. (Tue, 26 Aug 2008 20:00:00 GMT)

State: NYC court fund accounting is $14M off
New York City finance officials are promising to keep better track of money collected from bail, foreclosures and other court-ordered payments after state auditors found records were off by $14 million. (Tue, 26 Aug 2008 21:03:06 GMT)

US Senator Wants 'Full Accounting' Of Bad Medicare Payments
WASHINGTON -(Dow Jones)- U.S. Sen. Charles Grassley called Tuesday for Medicare to provide a "full accounting" of improper payments to medical equipment suppliers, following a report that the rate of improper payments was dramatically underestimated in 2006. (Tue, 26 Aug 2008 22:01:36 GMT)

Thornburg Fights To Stay Afloat
Accounting revisions kept the beleaguered mortgage lender from sinking in the quarter. (Tue, 26 Aug 2008 22:11:45 GMT)

Proposed accounting rule irks drugmakers, businesses
Imagine a trial starting with the plaintiff's attorney announcing to the jury that the defendant company has publicly reported in its financial statements that it expects to lose $1 billion on claims for a defective product. (Wed, 27 Aug 2008 07:18:09 GMT)

The Knowledge Handoff
Each night during a recent sales trip to Rio de Janeiro, Black & Veatch Senior Vice-President Michael Perry would review the day's progress over dinner with several junior staffers accompanying him. After watching Perry in action, they had plenty of questions: Why had he worked toward a compromise when the Brazilian client clearly wasn't going to budge? How was he accounting for the different ... (Wed, 27 Aug 2008 12:08:41 GMT)

Accounting Software offers point-of-sale functionality.
Targeting non-profit, municipal, and government organizations, AccuFund Accounting Suite v3.07 features Cash Receipts module that allows cashiers to process EFT (Electronic Funds Transfer) and automatic direct payments from customers' checking accounts for all receivables. Human Resources and Grants management modules provide pre-defined reports, and enable user-defined reports for generating ... (Wed, 27 Aug 2008 12:46:46 GMT)

State: NYC court fund accounting $14M off
One court-related bank account was nearly $11 million short of the amount in city ledgers, according to an audit released Tuesday by the state Comptroller. Another account had about $3 million more than records showed. (Wed, 27 Aug 2008 13:45:51 GMT)

U.S. Moves Toward International Accounting Rules
The Securities and Exchange Commission moved Wednesday to allow some large American companies to begin using international accounting standards as early as next year, and to require all American companies to do so by 2016. (Wed, 27 Aug 2008 18:43:20 GMT)

SEC May Let Companies Abandon U.S. Accounting Rules (Update1)
Aug. 27 (Bloomberg) -- The Securities and Exchange Commission may let large U.S. companies switch to international accounting rules in six years, a step it says will lower compliance costs and make American firms more competitive. (Wed, 27 Aug 2008 21:01:46 GMT)

SEC proposes international accounting plan
WASHINGTON -- Federal regulators on Wednesday proposed a plan to allow public companies to begin using international accounting standards for reporting financial results in two years, and may require them to do so starting in 2014. (Thu, 28 Aug 2008 01:48:52 GMT)

SEC moves toward international accounting standards
Federal regulators on Wednesday proposed a plan to allow public companies to begin using international accounting standards for reporting financial results in two years. (Thu, 28 Aug 2008 05:51:10 GMT)

New accounting standard a step closer
The Securities and Exchange Commission may let large US companies switch to international accounting rules in six years, a step it says will lower costs. (Thu, 28 Aug 2008 09:47:59 GMT)

U.S. moves toward international accounting rules
The SEC moved to require all American companies to use international accounting standards by 2016. (Thu, 28 Aug 2008 10:22:14 GMT)

SEC Opens Debate on Adopting International Accounting Rules
The Securities and Exchange Commission voted unanimously yesterday to open public discussion on a proposal to mandate that all U.S. companies file financial disclosure statements using international accounting standards starting in 2014, instead of those traditionally used in the United States. (Thu, 28 Aug 2008 10:49:57 GMT)

An SEC Timetable for Global Accounting Rules
A road map has been tentatively set up by a unanimous commission allowing U.S. companies to adopt international accounting standards (Thu, 28 Aug 2008 12:29:44 GMT)

Portal Service connects accounting systems with PayPal.
Through web-based ePortal service, company's accounting software is connected to their PayPal account. Customer payment information from PayPal is automatically integrated to accounting software by marking orders as paid or by creating separate cash payment document, completely eliminating need for manual data entry. This story is related to the following: Services Search for suppliers ... (Thu, 28 Aug 2008 13:02:58 GMT)

Economy Makes Accounting Jobs More Complex
Fifty-four percent of the accounting and finance professionals in a new survey said that economic uncertainty was making their jobs more complex. (Thu, 28 Aug 2008 14:10:49 GMT)

SEC PROPOSES ROADMAP TOWARD GLOBAL ACCOUNTING STANDARDS TO HELP INVESTORS COMPARE FINANCIAL INFORMATION MORE EASILY
The Securities and Exchange Commission today voted to publish for public comment a proposed Roadmap that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014. Currently, U.S. issuers use U.S. Generally Accepted Accounting Principles (U.S. GAAP). The Commission would make a decision in 2011 on whether adoption of IFRS is in the public ... (Fri, 29 Aug 2008 06:35:51 GMT)

ACCOUNTING FIRMS SPEARHEAD DOCTORAL SCHOLARS PROGRAM
The CPA profession has created an Accounting Doctoral Scholars program to help reverse a shortage of Ph.D. accounting faculty in U.S. colleges and universities. The new program is being spearheaded by the largest accounting firms and will be administered by the American Institute of Certified Public Accountants Foundation.... (Fri, 29 Aug 2008 06:36:10 GMT)

Top firms get tough on accounting for losses
AccountancyAge.com, Accountancy Age , Friday 29 August 2008 at 07:57:00 Banks blame accounting firms for confusing investors with their aggressive use of latest accounting rules The latest changes to US accounting regulations, pushing for consistency in corporate reporting, have resulted in some accounting firms interpreting the rules more aggressively than others, which banks say ... (Fri, 29 Aug 2008 07:15:48 GMT)

Top firms get tough on accounting for losses
The latest changes to US accounting regulations, pushing for consistency in corporate reporting, have resulted in some accounting firms interpreting the rules more aggressively than others, which banks say risks inconsistency and investor confusion. (Fri, 29 Aug 2008 07:21:25 GMT)

PhillyDeals: PhillyDeals: A push for accounting with a foreign flavor
Securities and Exchange Commission Chairman Christoper Cox wants to phase out the made-in-U.S.A. accounting rules companies live by - Generally Accepted Accounting Principles (GAAP) - in favor of European-based International Financial Reporting Standards. (Fri, 29 Aug 2008 08:31:14 GMT)

Coatesville to use new accounting system
,COATESVILLE — The city plans to implement a new accounting system that will allow officials to keep better track of where codes violations occur and... (Fri, 29 Aug 2008 14:02:32 GMT)

SEC Proposes International Accounting Plan
Federal regulators on Wednesday proposed a plan to allow public companies to begin using international accounting standards for reporting financial results in two years, and may require them to do so starting in 2014. The push by the Securities and Exchange Commission toward acceptance of a single, global accounting standard has raised objections from some investor advocates and key lawmakers. ... (Fri, 29 Aug 2008 15:00:16 GMT)

Force Protection Plunges 6 Percent as Accounting Errors Prompt Earnings Restatement
Force Protection (FRPT: sentiment, chart, options) shares are blazing down the charts today after the company said that a restatement of its 2007 earnings, due to accounting errors, will reveal net income that's "significantly lower" than its 2006 results...( Read More ) (Fri, 29 Aug 2008 16:20:53 GMT)

TinyBooks 6.0 accounting app released
Home and small business users have a new option for handling their accounting issues with the release of TinyBooks 6.0. (Fri, 29 Aug 2008 19:03:30 GMT)

SEC moves U.S. a step closer to international accounting standards
As early as next year, some U.S. companies may abandon the 70-year-old system of American accounting rules in favor of a slimmer volume of International Financial Reporting Standards. They would be the test cases in the effort to unite the world’s business community under a single global standard and to move all U.S. public companies into the fold by 2014. (Fri, 29 Aug 2008 19:25:08 GMT)

SEC accounting standards move to hit private, public firms
The seemingly inevitable switch to international accounting standards for U.S. public companies means private companies likely will have to change their reporting practices as well, accountants say. (AEP) (NFS) (Fri, 29 Aug 2008 21:31:51 GMT)

Accounting Problems Complicate Heating Aid Program
(NEWS CENTER) -- Problems with accounting procedures have led the state to take over processing applications for fuel assistance from some midcoast residents. The Maine State Housing Authority took over LIHEAP applications last month. (Fri, 29 Aug 2008 23:49:42 GMT)

TinyBooks 6.0 Accounting App Released
Space Time Associates on Friday released an upgrade to its accounting and bookkeeping application, TinyBooks. (Sat, 30 Aug 2008 13:50:07 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. (Sun, 31 Aug 2008 06:29:15 GMT)