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Madoff Ordered to Produce Accounting by Dec. 31
Contained in the order freezing his assets was a stipulation that a full accounting of what's left be turned over by the end of the year. (Fri, 19 Dec 2008 18:35:54 GMT)

Madoff ordered to produce accounting by Dec. 31
Disgraced money manager Bernard Madoff has been ordered to provide a written list by the end of the year of his assets and liabilities, a key step in finding what is left for investors after authorities said Madoff admitted squandering at least $50 billion. (Fri, 19 Dec 2008 20:03:35 GMT)

Brunswick to take $135 million charge related to accounting error
Brunswick Corp. warned investors in a regulatory filing Friday not to rely on the company's previously issued financial statements for the quarter and nine months ended Sept. 27, because the company made an accounting error that will require an additional income-tax charge of up to $135 million. (Fri, 19 Dec 2008 21:07:06 GMT)

Brunswick finds $135M accounting snafu
(Crain's) — Recreational boat builder Brunswick Corp. said Friday an accounting error will result a charge against earnings of up to $135 million this year. The Lake Forest-based company said that financial filings for the first nine months of 2008 should “no longer be relied on” ... (Fri, 19 Dec 2008 23:46:34 GMT)

‘Fair value’ accounting stressed
AN INDIAN finance professional has highlighted the importance of fair value accounting at times of financial crisis. Ramesh Mahalingam was speaking at a seminar organised by the Doha chapter of the Institute of Chartered Accountants of India (ICAI). (Sat, 20 Dec 2008 00:09:18 GMT)

ArthroCare executives resign amid 'accounting error' disclosures
In a series of stunning disclosures, Austin medical device company ArthroCare Corp. said Friday that it had discovered "accounting errors and possible irregularities" in reporting revenue, that it would restate its financial performance for eight years and that it had received grand jury subpoenas in Florida related to an investigation of a controversial subsidiary. (Sat, 20 Dec 2008 02:43:27 GMT)

Accounting firm's parent being acquired
NEW BEDFORD — A New England regional accounting firm with an office in New Bedford has joined a national tax provider and a national certified public accounting firm. (Sat, 20 Dec 2008 06:17:07 GMT)

Madoff ordered to produce accounting
Disgraced financier Bernard Madoff has been ordered to provide a written list by the end of the year of his assets and liabilities, a key step in finding what is left for investors after authorities said Madoff admitted squandering at least $50 billion. (Sat, 20 Dec 2008 22:25:27 GMT)

Accounting firm provides gifts for YWCA kids
Plante & Moran PLLC, a Midwest accounting and business advisory firm with offices in Elgin, took the names of 60 children from the YWCA Elgin's School Age Child Care and Teen Reach programs and did a little shopping. Employees of the firm took the children's holiday wishes and granted them. Camille Petersen, executive assistant at Plante & Moran, said the organization has been providing gifts ... (Sun, 21 Dec 2008 10:29:31 GMT)

Linfield College Announces Accelerated Online Accounting Degree and Accounting Certificate Programs
Linfield College is launching online, accelerated versions of their two most popular bachelor's degree and certificate programs. Beginning February 2009, students nationwide will be able to complete Linfield's Accounting Degree and Post Baccalaureate Accounting Certificate Programs entirely online and in a shorter time span. (PRWeb Dec 21, 2008) Read the full story at ... (Sun, 21 Dec 2008 23:02:37 GMT)

S.Korea to ease forex accounting rules to aid cos
SEOUL, Dec 22 (Reuters) - South Korea will loosen accounting rules to help companies anticipating large foreign exchange-related losses this year due to a sharp fall in the won's value, the country's regulator said on Monday. (Mon, 22 Dec 2008 03:00:11 GMT)

In Madoff?s Wake, Scrutiny of Accounting Firms
The big accounting firms are likely to be the targets of investor lawsuits related to the Bernard L. Madoff scandal. (Mon, 22 Dec 2008 03:00:35 GMT)

(AFX UK Focus) 2008-12-22 03:15 S.Korea to ease forex accounting rules to aid cos
SEOUL, Dec 22 (Reuters) - South Korea will loosen accounting rules to help companies anticipating large foreign exchange-related losses this year due to a sharp fall in the won's value, the country's regulator said on Monday. As South Korea's export-focused companies struggle with the spreading global downturn and tighter credit, they are set to see a surge in the value of their foreign currency ... (Mon, 22 Dec 2008 03:32:55 GMT)

Taiwan to implement new inventory accounting rules as scheduled on January 1
Taiwan's Financial Supervisory Commission (FSC) has announced that it will implement the "Statement of Financial Accounting Standards No. 10" for new standards of inventory accounting as scheduled on January 1, 2009, a rule change that observers say may see companies, such as DRAM and panel makers, report more losses. (Mon, 22 Dec 2008 04:35:06 GMT)

Korea FSC: To Ease Foreign Currency Accounting To Help Firms Banks
SEOUL -(Dow Jones)- The Financial Services Commission Monday said it will ease accounting rules for companies to help them limit losses from the weakening won against the dollar. (Mon, 22 Dec 2008 04:53:15 GMT)

Accounting sleuths on the trail of Madoff money
Accounting teams are sharpening their pencils and preparing to pore over spreadsheets in an effort to trace the money at Bernard L. Madoff Investment Securities, which stands accused of perpetrating the largest investment scandal in history. (Mon, 22 Dec 2008 08:00:00 GMT)

Vicor Technologies Announces Appointment of Chief Accounting Officer
Vicor Technologies, Inc., anticipating commercialization of its patented PD2i medical device software, announces that Thomas J. Bohannon, CPA, has been appointed vice president and Chief Accounting Officer. (Mon, 22 Dec 2008 13:15:00 GMT)

In Madoff’s Wake, Scrutiny of Accounting Firms
As more details unfurl in the Bernard L. Madoff fraud case, so do the lawsuits. (Mon, 22 Dec 2008 13:27:37 GMT)

ArthroCare Shares Burned By Accounting
Medical-device maker extends its slide as investors stampede for the exits. (Mon, 22 Dec 2008 20:55:57 GMT)

UPDATE 1-US accounting body proposes impairment-rule change
NEW YORK, Dec 22 (Reuters) - The Financial Accounting Standards Board, which sets U.S. accounting rules, on Monday proposed a change it said would bring greater consistency to rules on reporting impairments for financial instruments. (Mon, 22 Dec 2008 21:50:59 GMT)

FASB changes accounting rule for credit crisis
AccountancyAge.com, Accountancy Age , Tuesday 23 December 2008 at 07:22:00 FASB has proposed accounting rule change to improve disclosures in credit crisis The Financial Accounting Standards Board (FASB) has proposed change to accounting rules in an effort to bring greater consistency in reporting impairments for financial instruments affected by the credit crisis.... ... (Tue, 23 Dec 2008 07:33:08 GMT)

FASB changes accounting rule for credit crisis
The Financial Accounting Standards Board (FASB) has proposed change to accounting rules in an effort to bring greater consistency in reporting impairments for financial instruments affected by the credit crisis. (Tue, 23 Dec 2008 08:17:00 GMT)

Comptroller corrects ORDA's retirement accounting
LAKE PLACID — The State Comptroller's Office has found inaccuracies in Retirement System accounting at the Olympic Regional Development Authority. (Tue, 23 Dec 2008 08:50:00 GMT)

Accounting firm shares success with Toy for Joy Find
Photo by John Suchocki / The Republican The Holyoke accounting firm of Meyers Brother Kalicka has donated $1,000 to the 86th Toy for Joy Fund. Shown standing from left are partner Howard Cheney, Joanne Haley, Debra Kaylow, Cailyn McDermott, partner Stephen Kaplan, Michelle Leaper, Christine Togneri, Linda Raimondi , Anthony Gabinetti, Brenda Olesuk, Elliot Altman and Deborah Gates. (Tue, 23 Dec 2008 11:30:10 GMT)

Nigeria: OAU, Institute Sign Mou On Environmental Accounting
Lagos — Obafemi Awolowo University (OAU), Ile-Ife, Osun State has signed a Memorandum of Understanding (MoU) with the Institute of Environmental Accountants (IEA), Nigeria to facilitate a collaborative research training and development efforts on national development. (Wed, 24 Dec 2008 09:06:44 GMT)

IASB PROPOSES AMENDMENTS TO CLARIFY THE ACCOUNTING FOR EMBEDDED DERIVATIVES
The International Accounting Standards Board (IASB) this week published for public comment proposals to clarify the accounting treatment for embedded derivatives. (Wed, 24 Dec 2008 09:48:53 GMT)

ACCOUNTINGEDUCATION.COM NEWSFEED ADOPTED BY AAA INTERNATIONAL ACCOUNTING SECTION
We are pleased to announce that our community newsfeed has been adopted as the international news feed for the new Amercian Accounting Association's International Accounting Section's website just launched this week. (Wed, 24 Dec 2008 09:49:03 GMT)

Simplify your mercantile complications with retail accounting
Since retail accounting follows single entry system, a day book can be maintained by the accountant to keep record of every sold entity. For shopkeepers day book is the most accurate way to manage their personal account. (Wed, 24 Dec 2008 12:47:26 GMT)

Accounting sleuths swarm to track Madoff billions
Accounting teams are sharpening their pencils and preparing to pore over spreadsheets in an effort to trace the money at Bernard L. Madoff Investment Securities, which stands accused of perpetrating the largest investment scandal in history. (Thu, 25 Dec 2008 05:25:34 GMT)

Forensic accounting to prevent white-collar frauds: ICAI
NEW DELHI: With corporate accounting frauds on the rise, the ICAI has decided to promote forensic accounting to equip chartered accountants with adequate tools to detect white-collar crimes and identify malpractices like money laundering and routing terrorist funds. (Thu, 25 Dec 2008 09:56:34 GMT)

Accounting firm announces merger
Allen & Woodall, LLP, a Certified Public Accounting Firm serving clients throughout the Raleigh region, announced Tuesday it will merge with Rives & Associates, LLP.The combined entity known as Rives & Associates, LLP, will include 50 professional and administrative staff with offices in Lexington, Raleigh and Charlotte. (Thu, 25 Dec 2008 14:11:02 GMT)

Kaushik Dutta: Mind the GAAP - India and IFRS
With India set to adopt IFRS in 2011, a number of legal/regulatory issues need addressing for a smooth transition to the globally-followed accounting standard. (Thu, 25 Dec 2008 15:36:19 GMT)

Navistar to restate its results
Accounting fix to boost earlier profit; 4th quarter weaker Navistar International Corp., citing a "material weakness" in its inventory accounting procedures, said Wednesday that it intends to restate financial results for the first nine months of its fiscal year, which ended Oct. 31. (Thu, 25 Dec 2008 16:22:06 GMT)

Ernest Harden Sr.: Hard worker always was friendly
Ernest Harden Sr. was a hardworking man, from his days as a student at his beloved Morehouse College well into his senior years. Age and failing health may have slowed him, but they didn't stop him from doing accounting work for numerous people who became friends of the affable, always smiling businessman. (Fri, 26 Dec 2008 08:21:18 GMT)

Head Start counts, finds fewer students
A head count of children in Lucas County Head Start classrooms by an accounting firm in March found 1,439 students, about 600 fewer than the 2,043 students the agency that runs the area's Head Start said were enrolled. (Fri, 26 Dec 2008 08:23:23 GMT)

Head count down at Head Start
An attendance head count of children in Lucas County Head Start classrooms performed by a local accounting firm in March counted 1,439 students - about 600 fewer children than the 2,043 students the agency that runs Head Start locally says are enrolled. The Economic Opportunity Planning Association of Greater Toledo Inc., or EOPA, receives about $12 million annually - the majority of its ... (Fri, 26 Dec 2008 09:45:45 GMT)

SECC chairman faces fraud charges
The Securities and Exchange Commission has filed charges to the Department of Special Investigation (DSI) against SEC Auto Sales and Services Plc's chairman Sompong Witthayaraksan and two accomplices for falsifying auto sale documents and siphoning. Nipaporn Khomkla, the company's executive vice president for accounting and finance, as well as Krit Ekmongkolkarn of Apple Group Co Ltd and ... (Fri, 26 Dec 2008 10:50:23 GMT)

China's foreign debt up 18% from end-2007 at $442 bln
China's outstanding foreign debt was 441.95 billion U.S. dollars through September, up about 18.3 percent from the end of 2007, the State Administration of Foreign Exchange (SAFE) said on Friday. The figure excluded Hong Kong, Macao and Taiwan. Medium- and long-term foreign debt was 161.9 billion U.S. dollars, up 5.45 percent from the end of 2007, accounting for 36.63 percent of the total ... (Fri, 26 Dec 2008 15:01:34 GMT)

Universities owe back taxes on meal plans
At a time when Louisiana universities already are having to cut back, some of them might have to pay hundreds of thousands of dollars in back taxes on student meal plan sales taxes. Donna Torres, LSU's associate vice chancellor for accounting, said the university's bill to the state could be up to $750,000 for three years of back taxes. Campus leaders were unaware of that until recently, she ... (Fri, 26 Dec 2008 16:11:32 GMT)

Forensic accounting to prevent white-collar frauds: ICAI
With corporate accounting frauds on the rise, the Institute of Chartered Accountants of India (ICAI) has decided to promote forensic accounting to equip chartered accountants with adequate tools to detect white-collar crimes and identify malpractices like money laundering and routing terrorist funds. (Fri, 26 Dec 2008 16:17:42 GMT)

A leg up on applying for, and staying in, college
Claudia Hernandez, a 21-year-old accounting major at Texas State University-San Marcos, is on track to graduate next December with a bachelor's degree. She's thinking about applying to graduate school to pick up a master's in accounting before joining the working world. (Sat, 27 Dec 2008 02:25:38 GMT)

Accounting Standards Wilt Under Pressure
World leaders have vowed to help prevent future financial meltdowns by creating international accounting standards so all companies would play by the same rules, but the effort has instead been mired in loopholes and political pressures. (Sat, 27 Dec 2008 04:59:23 GMT)

Fraud suspect Madoff must reveal his assets by Dec. 31, judge rules
The financier must give U.S. regulators an accounting by Wednesday. (Sat, 27 Dec 2008 06:07:28 GMT)

No longer overlooked: Highland High grad is anchoring an NFL defense
The story goes that following his junior year at the University of Nebraska, Stewart Bradley, a linebacker on the Cornhusker football team, was asked by his father if he had lined up an internship for the summer. His father believed an internship would set his son up for a job when he graduated with his degree in accounting and finance. (Sat, 27 Dec 2008 08:05:10 GMT)

Global accounting standard: Challenges India faces
With India set to adopt IFRS in 2011, a number of legal/regulatory issues need addressing for a smooth transition to the globally-followed accounting standard. (Sat, 27 Dec 2008 08:20:25 GMT)

CAL Business Solutions Inc. Earns Microsoft Business Solutions President’s Club 2006 Recognition
For the fifth time in company history CAL Business Solutions Inc., a Dynamics GP Great Plains accounting software reseller, was named to the Microsoft® Business Solutions President’s Club. This award recognizes the top 5% of partner worldwide for sales and customer service achievement. [PR.com - August 24, 2006] (Sat, 27 Dec 2008 12:48:57 GMT)

Cuba mulls government accounting office, spending cuts
Cuban President Raul Castro has called for a government spending watchdog and drastic cutback in travel expenses for officials, in a bid to cope with economic hardships caused by three hurricanes. (Sun, 28 Dec 2008 04:33:06 GMT)

Legacy of resident’s late father honored
Robert Pentland Jr. has left a diverse legacy in the state of Florida. The man, who died in 1979 at age 80, built a successful accounting firm in south Florida, helped raise funds to complete a children’s hospital and was a charter member of the University of Miami. (Sun, 28 Dec 2008 06:02:52 GMT)

Dubious accounting undermines aid for U.S. homeowners
Lawyers who represent candidates for mortgage modifications say the programs are hobbled by the complexity of securitization pools that hold the loans, as well as uncertainty about who actually owns the notes underlying the mortgages. (Sun, 28 Dec 2008 08:45:33 GMT)

Q&A: Accounting work adds up for Devereaux & Associates
The accounting firm that is now Devereaux & Associates has existed under several names since it began more than 40 years ago. Ross Devereaux started working at the firm in 1989 and became the sole owner three years later. (Sun, 28 Dec 2008 13:15:37 GMT)

Business Memoranda: 12/28/2008
-- The Traverse City Area Chamber of Commerce announced four new members joining its board of directors in 2009: Jeff Connolly, Blue Cross/Blue Shield of Michigan; Jim Dagwell, Traverse Tax & Accounting; Rachel Roe, Smith Haughey Rice & Roegge; and Jim Stilley, Northwest Michigan Surgery Center. (Sun, 28 Dec 2008 14:41:24 GMT)

Apartment woes continue at the Château Jonon
TEXAS CITY — Residents say conditions are deplorable; owners say money, accounting issues are hampering repair efforts to the apartment complex damaged by Ike. (Sun, 28 Dec 2008 15:17:23 GMT)

U.S. Diesel Fuel Cost Survey
WASHINGTON - Dec 28/08 - SNS -- The weekly diesel price provides a proxy for trends in U.S. truck rates, according to the USDA. Diesel fuel is a significant expense for agriculture commodity movements by truck, accounting for 37% of the estimated variable cost. (Sun, 28 Dec 2008 16:13:37 GMT)

Krolicki case highlights accounting ethics issue
Mon, Dec 29, 2008 (2 a.m.) Carson City — A future “Law and Order” episode, this is not. “Off-line budgeting” — a plot twist that only an accountant could love (or follow) — led to the indictment of Lt. Gov. Brian Krolicki by a Las Vegas grand jury. (Mon, 29 Dec 2008 10:05:39 GMT)

Parmalat founder gets 10 years' prison for market rigging
The founder and chief executive of the Italian food group Parmalat was sentenced last night to 10 years in prison for his role in Europe's biggest-ever corporate bankruptcy. Calisto Tanzi was convicted of market-rigging, false accounting and obstructing market oversight. Seven other people, including three former Bank of America employees, were acquitted. Tanzi's dairy and foodstuffs empire ... (Mon, 29 Dec 2008 11:28:40 GMT)

UK to offer certificate in business administration
The University of Kentucky is again offering its certificate in business administration program, which begins in February at UK's Gatton College of Business and Economics. The program features faculty and guest speakers from the college. Topics covered in the 10-session period include financial decision making, accounting measurement and reporting and organizational design and environment. ... (Mon, 29 Dec 2008 13:14:51 GMT)

UGI Appoints Davinder Athwal Chief Accounting Officer and Chief Risk Officer
VALLEY FORGE, Pa.----UGI Corporation today named Davinder Athwal, Vice President-Accounting & Financial Control, Chief Accounting Officer and Chief Risk Officer, effective December 29, 2008. (Mon, 29 Dec 2008 15:55:00 GMT)

New Aestiva Invoice Approval Product Brings Accounting Under Control
Aestiva announced this week a new software product - called Aestiva Invoice Approval - for creating, approving, and managing invoice payment requests. (Mon, 29 Dec 2008 16:16:17 GMT)

Banks report $6 billion in Q3 trading revenue
U.S. commercial banks reported $6 billion of revenue from trading foreign exchange, interest-rate and other derivative instruments in the third quarter as credit spreads deteriorated and accounting rules inflated results, the Office of the Comptroller of the Currency said on Monday. (Mon, 29 Dec 2008 16:20:46 GMT)

UGI names new chief accounting officer
UGI Corp., a utility and energy holding company, on Monday named Davinder Athwal vice president of accounting and financial control, chief accounting officer and chief risk officer, effective Dec. 29. (Mon, 29 Dec 2008 16:45:25 GMT)

Banks report $6 billion in Q3 trading revenue
WASHINGTON (Reuters) - U.S. commercial banks reported $6 billion of revenue from trading foreign exchange, interest-rate and other derivative instruments in the third quarter as credit spreads deteriorated and accounting rules inflated results, the Office of the Comptroller of the Currency said on Monday. (Mon, 29 Dec 2008 17:44:31 GMT)

No accounting for failure - Army Community - Army Discussions - Army Times
The Army had to fess up to failure when the Pentagon terminated the ARH-70A Arapaho armed reconnaissance helicopter in the fall. (Tue, 30 Dec 2008 00:50:30 GMT)

Sharp to book $555 million extraordinary loss
Japanese electronics giant Sharp Corp. will book an accounting loss for the fiscal year ending March 31 because of declines in the value of its holdings in Pioneer Corp. and a $120 million fine imposed by the U.S. Justice Department for its role in a price-fixing cartel, according to a Japanese media report. (Tue, 30 Dec 2008 03:28:56 GMT)

A long fall from realm of power
Richard Vitale ran in Boston's power circles, cultivating friendships through business, charitable fund-raising, and on the golf course. His approach was summed up by the motto at Vitale Caturano, the large accounting firm he cofounded three decades ago: "Known by the company we keep." (Tue, 30 Dec 2008 08:14:21 GMT)

Accounting Technology Magazine Honors Top AccountMate Authorized Partners
Three top AccountMate Software Channel Partners have been named to the prestigious list of Accounting Technology magazine's 2008 Pacesetters. They are ISYS LLC, NexLAN LLC and Tamlin Software Developers, Inc. (Tue, 30 Dec 2008 11:00:00 GMT)

Lexington, Raleigh CPA firms merge
Rives & Associates, a Lexington-based Certified Public Accounting firm, has merged with Allen & Woodall, LLP of Raleigh, according to an announcement. (Tue, 30 Dec 2008 14:27:24 GMT)

Accounting standards boards form crisis advisory group
The Financial Accounting Standards Board and the International Accounting Standards Board announce a high-powered advisory group to consider financial reporting issues arising from the turmoil gripping markets around the world. (Tue, 30 Dec 2008 14:28:52 GMT)

Accounting Standards Boards Form Crisis Advisory Group
The Financial Accounting Standards Board and the International Accounting Standards Board announced Tuesday the members of a high-level advisory group set up to consider financial reporting issues arising from the turmoil gripping markets around the world. (Tue, 30 Dec 2008 14:38:46 GMT)

SEC Study Rejects Calls to Suspend Fair-Value Accounting Rule
Dec. 30 (Bloomberg) -- The U.S. Securities and Exchange Commission rejected calls by banks to suspend an accounting rule blamed for exacerbating the financial crisis, saying the “fair- value” standard should instead be improved. (Tue, 30 Dec 2008 22:56:40 GMT)

SEC argues against suspending fair-value accounting rules
An accounting rule used to determine the value of hard-to-market market assets should not be suspended, the Securities and Exchange Commission told Congress Tuesday. (Tue, 30 Dec 2008 22:59:32 GMT)

SEC rejects suspension of accounting rules
WASHINGTON -- Federal regulators have officially rejected a banking industry push to suspend accounting rules that force banks to value assets on their balance sheets at current market prices even if they plan to hold them for years. (Tue, 30 Dec 2008 23:36:00 GMT)

Don't throw out bank accounting standards, SEC staff say
Money & Co. blog: A new agency report argues for maintaining "mark to market" accounting, despite banks' assertion that the rules worsened the financial crisis. (Wed, 31 Dec 2008 01:40:43 GMT)

SEC Study Defends Fair-Value Accounting Rule
The Securities and Exchange Commission yesterday rejected calls by banks to suspend an accounting rule blamed for exacerbating the financial crisis, saying the "fair- value" standard should instead be improved. (Wed, 31 Dec 2008 07:06:06 GMT)

Securities and Exchange Commission rejects suspension of accounting rules
WASHINGTON - Federal regulators in the United States have officially rejected a banking industry push to suspend accounting rules that force banks (Wed, 31 Dec 2008 11:19:24 GMT)

SEC backs fair value accounting
The Securities and Exchange Commission, the US stock and options market regulator, has rejected calls to quash the "fair value" accounting rule that has been blamed for exacerbating the financial crisis, recommending instead for the rule to be improved in times of distress. (Wed, 31 Dec 2008 12:23:28 GMT)

Cuenco still waiting for DA 7 to submit report on accounting
WHERE is the full accounting on the seeds that were supposedly distributed to selected mountain barangays? This will be Rep. Antonio Cuenco’s (Cebu City, south) question to the Department of Agriculture (DA) 7 when work resumes next week, after he failed to receive any report from the agency. (Wed, 31 Dec 2008 12:32:13 GMT)

Accounting firm goes public with consulting biz
As the recession causes an increasing number of financial layoffs nationwide, accounting firm Cerini & Associates is banking on a need for extra help with companies’ financial procedures. The Bohemia-based firm started Monarch Consulting Group to help businesses manage money in these tough economic times and to expand the firm’s clientele from private to public companies. “This [...] (Wed, 31 Dec 2008 14:52:58 GMT)

Calloway School initiative boosts diversity in graduate accounting program
As part of an ongoing diversity initiative, Wake Forest University’s Calloway School of Business and Accountancy will invite top candidates from other campuses, including historically black colleges and universities, to attend a three-day, on-site introduction to its Master of Science in Accountancy program Jan. 9–11. The event, known as the Calloway Accounting Diversity Consortium and now in ... (Wed, 31 Dec 2008 15:27:53 GMT)

Insurers Say Fair Value Accounting Was a 'Powerful Accelerant' to Credit Crisis
The application of fair value accounting measurements to an inactive, illiquid, and disorderly market for structured credit products helped fuel the worldwide credit crisis, an organization of ... (Wed, 31 Dec 2008 16:41:26 GMT)

Pensions accounting under fire
Wildly differing yearend valuations of pension schemes have thrown inconsistencies in accounting standards into sharp relief. (Wed, 31 Dec 2008 16:43:03 GMT)

Accounting firm changes name to Ossege Combs & Mann Ltd.
The accounting firm Rohrkemper Ossege & Combs Ltd. has changed its name to Ossege Combs & Mann Ltd., effective Jan. 1. (Wed, 31 Dec 2008 17:33:20 GMT)

Independent Community Bankers of America Disappointed in Conclusions of SEC's Market-To-Market Accounting Report
(RTTNews) - The Independent Community Bankers of America released a statement Wednesday following the release of a Securities and Exchange Commission market-to-market accounting report, in which the ICBA expressed disappointment in the SEC's conclusions. (Wed, 31 Dec 2008 19:39:29 GMT)

SEC: Fair Value Accounting didn’t cause financial crisis
Fair Value Accounting was not the culprit of the financial meltdown that has brought down the biggest financial institutions in the country, the U.S. Securities and Exchange Commission said today in a report to Congress. (Wed, 31 Dec 2008 20:49:13 GMT)

SEC: Fair Value Accounting didn’t cause financial crisis
Fair Value Accounting was not the culprit of the financial meltdown that has brought down the biggest financial institutions in the country, the U.S. Securities and Exchange Commission said Wednesday in a report to Congress. (Wed, 31 Dec 2008 21:02:11 GMT)

SEC: Keep mark to market accounting rules
The U.S. Securities & Exchange Commission does not want to suspend “mark to market” accounting rules that some blame for the financial distress of U.S. banks and mortgage lenders. (Wed, 31 Dec 2008 21:54:14 GMT)