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No suspension of new inventory accounting rules, says Taiwan government
Taiwan's government has decided that it will not put the brakes on the recently implemented "Statement of Financial Accounting Standards No. 10" (Article 10) despite strong urges for a temporary suspension of the new rules from the business sector. (Fri, 23 Jan 2009 09:14:20 GMT)

MPs call for nationalised bank accounting review
Parliamentary Reporter, Accountancy Age , Friday 23 January 2009 at 09:20:00 Treasury committee calls for government to to be more open about liabilities resulting from the bank bail-out and review bank accounting rules The government should reveal the full cost of its attempts to shore up Britain's financial system, the Commons Treasury Committee has demanded.... (Fri, 23 Jan 2009 09:45:32 GMT)

Are you an unemployed accounting graduate?
The Guarantee Trust Corporate Support Services work-readiness programme for unemployed accounting graduates still has vacancies for its 2009 programme. (Fri, 23 Jan 2009 09:54:54 GMT)

GM Settles SEC Accounting Inquiries Without Fine (Update2)
Jan. 22 (Bloomberg) -- General Motors Corp. , the world’s second-largest automaker, settled a U.S. regulatory lawsuit without paying fines, ending a four-year-old investigation of its accounting for pensions and contracts. (Fri, 23 Jan 2009 13:27:08 GMT)

(AFX UK Focus) 2009-01-23 22:52 UPDATE 1-SEC orders Cablevision to cease accounting practices
NEW YORK, Jan 23 (Reuters) - Cablevision Systems Corp said on Friday U.S. regulators have issued a cease and desist order against it in connection with accounting practices at its Rainbow Media programming unit. The New York cable operator, which is controlled by the Dolan family, said the order was linked to a previously disclosed 2004 investigation by the Securities and Exchange Commission. (Fri, 23 Jan 2009 23:15:51 GMT)

Cablevision settles accounting practices with SEC
Cablevision Systems Corp said on Friday it has settled with U.S. regulators in connection with accounting practices at its Rainbow Media programing unit. (Fri, 23 Jan 2009 23:29:09 GMT)

Cablevision settles accounting irregularities case
Cablevision Systems Corp. has settled a regulatory complaint about accounting irregularities, including expenses improperly booked by former employees, according to a filing made with the Securities and Exchange Commission late Friday. (Fri, 23 Jan 2009 23:46:49 GMT)

(AFX UK Focus) 2009-01-23 23:42 UPDATE 2-Cablevision settles accounting practices with SEC
NEW YORK, Jan 23 (Reuters) - Cablevision Systems Corp said on Friday it has settled with U.S. regulators in connection with accounting practices at its Rainbow Media programming unit. The New York cable operator, which is controlled by the Dolan family, said the order was linked to a previously disclosed 2004 investigation by the U.S. Securities and Exchange Commission. (Fri, 23 Jan 2009 23:59:22 GMT)

Cablevision settles SEC complaint on accounting irregularities
Cablevision Systems Corp. has settled a regulatory complaint about accounting irregularities, including expenses improperly booked by former (Sat, 24 Jan 2009 01:26:31 GMT)

Cablevision, SEC settle accounting claims
Cablevision Systems Corp. and three of its former executives have settled claims of accounting irregularities with the Securities and Exchange Commission in two separate cases, according to officials. (Sat, 24 Jan 2009 01:39:03 GMT)

Tricky accounting helped state avoid necessary contributions
You might be wondering how the State of Illinois got away with avoiding making the needed pension contributions for so many years. The answer is simple: accounting magic. (Sat, 24 Jan 2009 23:59:51 GMT)

Audit reveals accounting errors
HOLYOKE - Improvements have been made with city finances, but accounting errors, slow payments and other problems are still occurring. (Sun, 25 Jan 2009 05:19:11 GMT)

India's outsourcing sector faces bleak outlook: analysts
India's software sector, reeling from a huge accounting fraud in one of its flagship companies, faces further problems as US firms scale back in a troubled global business environment, analysts said. (Sun, 25 Jan 2009 06:11:23 GMT)

Rules developed to clear up accounting cloud outlook for some firms
The U.S. Securities and Exchange Commission is continuing to demand fair value accounting standards, but that doesn’t mean there isn’t a lot of kicking and screaming coming from industries for which the standards are difficult or painful to apply. (Mon, 26 Jan 2009 05:22:02 GMT)

'UAE in need of uniform accounting standards'
26 January 2009 The UAE needs to have common accounting standards on the lines prevalent in the West and East Asian countries, the President of the Institute of Chartered Accountants in England and Wales (ICAEW) said. (Mon, 26 Jan 2009 05:51:38 GMT)

Maitland’s FelsingRankin joins big regional accounting firm
Maitland accounting firm FelsingRankin LLC this month merged with Enterprise, Ala.-based Carr, Riggs & Ingram LLP — the fourth-largest accounting firm in the Southeast. (Mon, 26 Jan 2009 06:50:29 GMT)

Change abounds in law, accounting
Change in Washington, D.C., trickles down to the little guys on the Midwestern prairie. (Mon, 26 Jan 2009 06:50:49 GMT)

What Impact Do The Current Market Conditions Have On Accounting And Reporting?
As many of you are painfully aware, companies are dealing with their current financial reporting in highly challenging economic conditions. Over the past year, financial market conditions have been characterized by significant trading difficulties compounded by a reduction in liquidity. (Mon, 26 Jan 2009 11:06:24 GMT)

Avotus Partners with AOTMP Research to Inform on Best Practices for Call Accounting in a VoIP Environment
TORONTO & BOSTON----Avotus Corporation, the leading provider of Telecom Management Services, including Expense Management , eProcurement, and Call Accounting solutions, today announced the release of an important new report produced by AOTMP Research, the leading provider of information solutions for managing telecom and IT environments and sponsored by Avotus. (Mon, 26 Jan 2009 14:00:00 GMT)

Missing R97 000 'an accounting mishap'
She paid a deposit of almost R100 000, but the property was never transferred into her name - and then she couldn't get her money back. (Mon, 26 Jan 2009 15:13:07 GMT)

Missing R97 000 'an accounting mishap'
Confusion concerning the whereabouts of a R97 000 deposit in a house transaction was an "accounting mishap", the Belville Specialised Commercial Crimes Court heard on Monday. (Mon, 26 Jan 2009 15:17:47 GMT)

Audit reveals accounting errors
HOLYOKE - Improvements have been made with city finances, but accounting errors, slow payments and other problems are still occurring. (Mon, 26 Jan 2009 17:59:21 GMT)

ICAI told to help CPSEs embrace global accounting norms
Govt has asked ICAI to prepare a roadmap for public sector companies to meet international accounting norms that would make their financial statements easily comparable with that of companies in more than 150 nations. (Mon, 26 Jan 2009 21:31:45 GMT)

City ignores watchdog's request on Property Endowment Fund accounting
For several years, Robert Renger, a citizen-watchdog, has been raising concerns about the City of Vancouver's accounting for the value of the Property Endowment Fund. It's an issue of monu (Tue, 27 Jan 2009 14:42:46 GMT)

2 state accounting firms merge
SHELTON — A locally based accounting firm that dates back more than 30 years is merging with West Hartford-based Blum Shapiro & Co., the two companies announced Monday. (Tue, 27 Jan 2009 14:42:55 GMT)

Raffa buys accounting firm
Raffa PC has paid an undisclosed amount for Freidkin, Matrone & Horn PA to form a 240-person regional tax and accounting firm. (Tue, 27 Jan 2009 16:16:18 GMT)

Accounting
J Brooks & Associates, Inc., specializing in accounting, taxes and consulting has opened a new Cape Coral office, located in Prado Place, at 2804 Del Prado Blvd. South, Suite 109. (Tue, 27 Jan 2009 16:17:55 GMT)

Kiwi on international accounting advisory group
The head of the New Zealand Securities Commission has been appointed to a global advisory group looking at urgent accounting issues arising from the world-wide financial crisis. (Wed, 28 Jan 2009 01:37:23 GMT)

Suttle consolidates accounting department
DEMOPOLIS — Suttle Truck Leasing of Demopolis has consolidated its accounting department into the accounting department of Dana Company in Indianapolis. (Wed, 28 Jan 2009 04:55:29 GMT)

Suttles consolidates accounting department
DEMOPOLIS — Suttles Truck Leasing of Demopolis has consolidated its accounting department into the accounting department of Dana Company in Indianapolis. (Wed, 28 Jan 2009 05:25:19 GMT)

Accounting programs ranked in top ten
Notre Dame's Accountancy Program recently received high marks from an annual survey of accounting professors nationwide. The undergraduate program was ranked fourth in the nation and the Master of Science in Accountancy program was ranked sixth among graduate programs in Public Accounting Report (PAR), a trade magazine. (Wed, 28 Jan 2009 08:00:48 GMT)

Japan Plans to Allow International Accounting Rules (Update1)
Jan. 28 (Bloomberg) -- Japan’s financial regulator plans to give companies the option of applying international accounting standards starting next fiscal year, making it easier for investors to compare balance sheets in different countries. (Wed, 28 Jan 2009 08:35:07 GMT)

Big Four Accounting Firm Implements EMS Workplace Facility Scheduling and Office Hoteling Software
Dean Evans & Associates, Inc. has announced the successful implementation of their EMS Workplace(TM) facility scheduling and resource management software by one of the "Big Four" accounting firms. The system is now being used to manage the meetings, events and shared workspaces in more than 26,000 rooms in 105 buildings. (Wed, 28 Jan 2009 14:40:00 GMT)

Accounting watchdog opts to keep public in dark
State Board of Accountancy rejects proposal to post details of accusations against members (Wed, 28 Jan 2009 15:37:57 GMT)

Accounting rules under spotlight
Restoring investor confidence should trump all other goals and become top priority for standards setters everywhere, Securities Commission chairwoman Jane Diplock says. (Wed, 28 Jan 2009 16:02:16 GMT)

Waukesha accounting firm to serve Chicago, L.A.
Chortek & Gottschalk LLP, an accounting, tax, information technology and business consulting firm based in Waukesha, said Wednesday it has added a new partner that extends the firm's reach into the Chicago and Los Angeles markets. (Wed, 28 Jan 2009 17:00:18 GMT)

City faces accounting errors
Half Moon Bay city leaders say they are addressing the financial recording problems identified by an independent financial audit that involves the employee credit cards, receipts and accounting. (Wed, 28 Jan 2009 19:18:02 GMT)

Lally seeks accounting manager
Fayette County Controller Sean Lally is advocating that the county hire an accounting/auditing manager for his office although the money for the position hasn't been budgeted. (Thu, 29 Jan 2009 05:13:11 GMT)

Accounting rule damaging, Rubin says.
Robert Rubin, who quit his post as senior counselor at Citigroup Inc. this month, said an accounting rule forcing companies to mark down assets every quarter to reflect market value has "done a great deal of damage." (Thu, 29 Jan 2009 07:57:45 GMT)

Auditors behaving like cartel, professor of accounting tells MPs
Auditors are behaving like a cartel, a Professor of accounting has told MPs of the Treasury select committee. ... (Thu, 29 Jan 2009 10:27:34 GMT)

CALL FOR PAPERS: QUALITATIVE RESEARCH IN ACCOUNTING & MANAGEMENT - SPECIAL ISSUE ON INTERVENTIONIST RESEARCH
Interventionist research is part of a family of methodological approaches in doing field research in accounting and management. Distinguishing characteristic is that the reseacher is directly involved in the real-time flow of events instead of observing at a distance or working with ex post facts. (Thu, 29 Jan 2009 14:31:52 GMT)

IFRIC CLARIFIES THE ACCOUNTING FOR TRANSFERS OF ASSETS FROM CUSTOMERS
The International Financial Reporting Interpretations Committee (IFRIC) have issued this week an Interpretation that provides additional guidance on the accounting for transfers of assets from customers.... (Thu, 29 Jan 2009 17:16:48 GMT)

GUIDELINE TO EASE ACCOUNTING FOR PUBLIC-PRIVATE PARTNERSHIP AGREEMENTS APPROVED BY ACCOUNTING STANDARDS BOARD
The increasing use of Public-private Partnership (PPP) agreements by the public sector in the past few years has lead to the need for accounting guidance for such agreements, and the South African Accounting Standards Board has approved a guideline to facilitate such reporting.... (Thu, 29 Jan 2009 19:47:39 GMT)

Ex-WGBH accounting manager indicted for alleged embezzlement
A Suffolk County grand jury has indicted a former WGBH Boston accounting manager for allegedly embezzling almost $500,000 from the public television station and using the... (Thu, 29 Jan 2009 20:51:14 GMT)

Tighter check on accounting body
Top regulators will now oversee the work of the international accounting rulemakers in an effort to give the group more public legitimacy. The standard-setters had come under fire for being a private body that is, in effect, setting public law. (Thu, 29 Jan 2009 22:52:03 GMT)

Pagemill Partners Picks Up Valuation Services Unit
Pagemill Partners , a boutique investment bank, has signed a deal to buy the valuation services practice of Financial Intelligence , an accounting and Securities and Exchange Commission disclosure advisory firm, The San Francisco Business Times reported. (Fri, 30 Jan 2009 11:54:41 GMT)

Ex-WGBH accounting manager indicted
A Suffolk County grand jury has indicted a former WGBH Boston accounting manager for allegedly embezzling almost $500,000 from the public television station and using the money to pay his personal credit cards bills. (Fri, 30 Jan 2009 13:20:52 GMT)

Accounting rules revised
The accounting industry in New York state is about to be reshaped now that Gov. David Paterson has signed into law a series of accountancy regulation reforms. (Fri, 30 Jan 2009 16:13:47 GMT)

City hires accounting firm to conduct Public Works probe
The city of Tulsa will pay $90,000 to hire the accounting firm KPMG and a local attorney to conduct a forensic probe into the Public Works Department fraud and bribery scandal, Mayor Kathy Taylor said Friday. (Fri, 30 Jan 2009 17:49:59 GMT)

Tulsa: City hires accounting firm to conduct Public Works probe
The city of Tulsa will pay $90,000 to hire the accounting firm KPMG and a local attorney to conduct a forensic probe into the Public Works Department fraud and bribery scandal, Mayor Kathy Taylor said Friday. The investigation, which is beginning immediately, is expected to take about two months, and the results will be released at a public forum sometime in March, she said. "There is zero ... (Fri, 30 Jan 2009 18:00:13 GMT)

L&T: Exposure to Satyam not subject to mark-to-market accounting
“According to accounting conventions, fluctuations on all current investments are marked to market; but strategic investments are reported at cost.” (Fri, 30 Jan 2009 18:37:44 GMT)

Accounting fix could pave way for U.S. "bad bank"
A selective suspension of fair value accounting is one idea being floated as U.S. policymakers wrestle with how to price bad assets the government might buy from the distressed banking industry. (Fri, 30 Jan 2009 20:16:00 GMT)

KashFlow Accounting Software Blasts Through 2,500 Customer Milestone as SaaS Competitor Stands Down
Web-based accounting software company KashFlow (http://www.kashflow.co.uk) has confirmed it is ahead of its business growth schedule after reaching the 2,500 user milestone. (Sat, 31 Jan 2009 07:01:00 GMT)