Accounting News 07/2009 (Page 2)

eDOORWAYS Names Senior Financial & Accounting Specialist (Marketwire)

In Preparation for the Launch and Completing Its Filing, eDOORWAYS Finds Gold With 30yr. Accounting and Re-Org. Specialist (Jul 8, 2009)

Accounting firm joins alliance (The Buffalo News)

Buffalo accounting firm Lumsden & McCormick LLP has joined a national alliance of independent accounting firms, enabling it to expand its services and reach. (Jul 8, 2009)

Vaco Raleigh, LLC Releases Podcast On Financial And Accounting Division (dBusinessNews.com)

RALEIGH, N.C. – Vaco Raleigh, LLC ( www.vaco.com ), an executive placement and consulting firm specializing in contract, special project and direct hire services in the fields of accounting and finance, information technology, eLearning and design, operations and executive search, has announced the release of a podcast with David R. Rhode, managing partner at the firm, discussing Vaco Resources. (Jul 8, 2009)

Water Department accounting woes continue (Delta Democrat Times)

GREENVILLE — The City Council requested Tuesday that the Water Department’s director and the city’s financial consultant work out an accounting problem that has left 50 percent of the year’s public reports for water, sewage, and garbage revenue undisclosed. (Jul 8, 2009)

Capital improvement panel seeks impact fee accounting (Pahrump Valley Times)

Members of a 17-member advisory committee working on the Pahrump Regional Planning District Capital Improvements Plan, meeting for the first time last week since October 2005, want Nye County Treasurer Gary Budahl to appear at their next meeting to provide an accounting of impact fees. (Jul 8, 2009)

Grantham University Introduces Bachelor of Science Degree in Accounting (PRWeb via Yahoo! News)

Grantham University (www.grantham.edu), an online university serving working adult students around the world, announced today that it has added a Bachelor of Science in Accounting to its current degree offerings. (Jul 9, 2009)

IASB releases accounting standard for SMEs (vnunet.com)

Mario Christodoulou, Accountancy Age , Thursday 9 July 2009 at 09:10:00 Standards could affect 95% of world's businesses The long awaited accounting standards for small and medium sized businesses (SMEs) have been released with the potential to change the way 95% of companies across the globe conduct business. The five-year project by the International Accounting Standard Board (IASB) aims to ... (Jul 9, 2009)

Miami Beach owes public a full accounting on police shootings (Miami Herald)

The two fatal shootings by Miami Beach police in four days are unusual in the tourism-driven city -- and for South Florida cities in general. Nevertheless, investigators should not waste a moment to get to the truth. (Jul 9, 2009)

HS Accounting Teacher Recognized as Outstanding (WebCPA)

A Highland, Utah high school accounting teacher has been named a Rising Star by the Utah CPA Foundation for doing an outstanding job teaching accounting principals in her classroom. (Jul 9, 2009)

My dare to our leaders: Where is YOUR accounting? (The Manila Times)

Prof. Winnie Monsod, fondly called Mareng Winnie, stars in a catchy television ad. She starts with the line “Nakakainis talaga pagka-bitin, ano?” No one, she says, likes to be shortchanged. (Jul 9, 2009)

International Accounting Standards Issued for SMBs (WebCPA)

The International Accounting Standards Board has published a stripped-down set of International Financial Reporting Standards aimed at small and midsized privately held businesses. (Jul 9, 2009)

MOORE STEPHENS URGES LEASE ACCOUNTING ACTION (Maritime Global Net)

Accountant and shipping cosultancy firm Moore Stephens has urged the shipping industry to respond to an International Accounting Standards Board paper on the accounting treatment of leased assets, including time and bareboat charters, as the deadline for replies approaches. (Jul 9, 2009)

New global accounting standard will benefit many (Scoop.co.nz)

Compliance relief could be at hand for small and medium-sized entities in New Zealand if they were allowed to take immediate advantage of a new standard that has just been published by the International Accounting Standards Board (IASB) says accounting ... (Jul 10, 2009)

Universal Accounting® Achieves Record Revenue, Net Income & Number Of New Students In Company's 30-Year History (PRWeb)

Success Attributed to Principles in Allen Bostrom's Book In the Black (PRWeb Jul 10, 2009) Read the full story at (link) prweb2626304.htm (Jul 10, 2009)

New provincial rule for the accounting industry has newcomers crying foul (Toronto Sun)

Any place that relies on immigrants for its lifeblood has to perform a great, high wire balancing act. (Jul 10, 2009)

Accounting Specialist (Rigzone)

The Accounting Specialist is responsible for keeping an up to date billing system and checking on monthly receivables activity while making sure that the billing, collection, and reporting activities are carried out per specified dates. (Jul 10, 2009)

Universal Accounting Sees Revenue Growth (WebCPA)

Accountant training materials provider Universal Accounting reported growth in revenue this year. (Jul 10, 2009)

Local accounting firm suggests investment safeguards (The Business Journal of Phoenix)

A Phoenix accounting firm has put out a list of safeguards investors and business owners can use to help avoid investment scams, including ponzi schemes such as those perpetrated by Bernard Madoff. (Jul 10, 2009)

Hydrogenics Received Going Concern Qualification From Independent Accounting Firm (Marketwire)

MISSISSAUGA, ONTARIO--(Marketwire - July 10, 2009) - Hydrogenics Corporation (TSX:HYG)(NASDAQ:HYGS), a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced that its consolidated financial statements for the fiscal year ended December 31, 2008, dated March 24, 2009 filed on Form 6-K on March 26, 2009 and subsequently included in the Company's Annual ... (Jul 10, 2009)

Accounting error led to bad checks to health care providers (The Champaign News-Gazette)

SPRINGFIELD – State officials say an accounting error was responsible for the worthless checks health care providers were sent recently as their payments for caring for state employees and their dependents. The checks began bouncing last month, and health care providers were asked to wait until the first week of July to try cashing them again. (Jul 11, 2009)

More than number crunchers; Dixon Hughes accounting adds interns amid downturn (The Charleston Gazette)

CHARLESTON, W.Va. -- The Dixon Hughes accounting firm bucked a national trend this summer when it expanded its internship program amid the economic downturn. Across the nation, employe... (Jul 12, 2009)

Expert: New accounting standard ideal for Qatar (MENAFN)

Expert: New accounting standard ideal for Qatar (Jul 12, 2009)

New accounting standard ideal for Qatar: Expert (Zawya)

12 July 2009 DOHA: The new International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) is ideal for Qatar, said an international expert. (Jul 12, 2009)

Ill. officials: Accounting error caused bad checks (Chicago Tribune)

SPRINGFIELD -- Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. Illinois Department of Healthcare and Family Services spokeswoman Annie Thompson says the checks that began bouncing last month are unrelated to the state budget crisis. The checks were issued by St. Louis-based HealthLink. The health care network pays out ... (Jul 12, 2009)

State officials blame accounting error for bounced checks (Chicago Tribune)

SPRINGFIELD -- Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. (Jul 12, 2009)

Illinois officials: accounting error caused bad checks (KSDK St. Louis)

Illinois officials: accounting error caused bad checks (Jul 12, 2009)

Small companies face accounting overhaul (Financial Times)

Sweeping accounting changes could be forced on small companies and even sizeable subsidiaries of larger ones under proposals to be discussed this week. (Jul 13, 2009)

Illinois officials: accounting error caused bad checks (WGEM Quincy)

SPRINGFIELD, Ill. (AP) -- Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. (Jul 13, 2009)

State officials: accounting error caused bad checks (SouthtownStar)

SPRINGFIELD - Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. Illinois Department of Healthcare and Family Services spokeswoman Annie Thompson says the checks that began bouncing last month are unrelated to the state budget crisis. The checks were issued by St. Louis-based HealthLink. The health care network pays out ... (Jul 13, 2009)

A daunting task: accounting for 100,000 Burr Oak gravesites - PHOTOS (WBBM Newsradio 780 Chicago)

Sheriff's department now to take only phone calls and e-mails. GET INFO - PHOTO GALLERY (Jul 13, 2009)

/C O R R E C T I O N -- BNA Tax & Accounting/ (PR Newswire via Yahoo! Finance)

In today's economic environment many companies are considering and obtaining debt restructuring from creditors. For an S corporation and their shareholders, there are several significant tax provisions which could impact the results of a debt discharge or debt modification. (Jul 13, 2009)

Survey: Perceptions of Fair Value Accounting Hit Hard by Financial Crisis (Business Wire via Yahoo! Finance)

MILWAUKEE----VRC , a leading provider of valuations and value-related advisory services, recently completed a survey of financial professionals' views on Fair Value Accounting , also known as mark-to-market accounting. (Jul 13, 2009)

Illinois: Accounting error caused bounced checks (BizJournals)

Illinois officials said an accounting error caused worthless checks to be sent to several Illinois hospitals and physicians. (Jul 13, 2009)

Can Corporate Sponsorships Save Endangered College Classes? (Time Magazine)

Could the future of American education be Introduction to Nutrition, Sponsored by McDonald's or PricewaterhouseCoopers' Financial Accounting 101? (Jul 14, 2009)

NFL’s Giants Seek Ernst & Young’s $1.5 Million N.J. Tax Credit (Bloomberg)

July 14 (Bloomberg) -- The New York Giants football team, whose home field is in East Rutherford, N.J., seeks to benefit from a $1.5 million tax break New Jersey approved four years ago to retain jobs of the accounting firm Ernst & Young. (Jul 14, 2009)

Triple Point Announces Integrated Platform for Foreign Exchange, Interest Rate and Commodity Hedge Accounting and Fair ... (Marketwire)

Only Software Solution to Manage Commodities, Foreign Exchange and Interest Rates on Common Platform (Jul 14, 2009)

CompuVision Chooses Ecessa to Ensure WAN Reliability and Performance for Accounting Firm (Business Wire via Yahoo! Finance)

PLYMOUTH, Minn.----Ecessa, a leader in affordable WAN link controllers for small-to-medium sized enterprises , today announced that C&D LLP, a California-based accounting firm, has deployed Ecessa's PowerLink WAN link controllers to manage its growing WAN infrastructure demands. (Jul 14, 2009)

Narragansett Bay Names Colangelo as Accounting Exec (Insurance Journal)

Rhode Island-based Narragansett Bay Insurance Co. has named Laura L. Colangelo as director of accounting. Colangelo brings broad experience in all aspects of accounting and internal and ... (Jul 14, 2009)

Brazil Utilities Drop on Accounting Rule Speculation (Update1) (Bloomberg)

July 14 (Bloomberg) -- Brazilian utility stocks fell to the lowest in three weeks after Valor Economico reported regulators plan to adopt accounting rules that may reduce the value of assets at companies that get government concessions. (Jul 14, 2009)

Hearing set for LOTR accounting dispute (The New Zealand Herald)

New Zealand film-maker Peter Jackson may have more in common with JRR Tolkien's heirs than he thought - they are also complaining about big studio accounting methods. Tolkien's family and a British charity they head, the Tolkien... (Jul 15, 2009)

South Africa: SMEs Likely to Benefit From a Change in International Accounting Standards (AllAfrica.com)

Johannesburg — A NEW set of accounting standards for small and medium-sized enterprises (SMEs) has finally been released by the International Accounting Standards Board, providing relief from the current onerous financial reporting framework. (Jul 15, 2009)

Hearing set for LOTR accounting dispute (The New Zealand Herald)

New Zealand film-maker Peter Jackson may have more in common with JRR Tolkien's heirs than he thought - they are also complaining about big studio accounting methods. (Jul 15, 2009)

eDOORWAYS Senior Financial & Accounting Specialist Sets Time Horizons for Filings (Marketwire)

AUSTIN, TX--(Marketwire - July 15, 2009) - eDOORWAYS Corporation ( PINKSHEETS : EDWY ) and Mr. Dan Bensimon, the company's Senior Financial & Accounting Specialist, make the following statement. Dan Bensimon has taken considerable time acclimating himself with the company's policies, procedures and accounting activity. He has assessed the financials of eDOORWAYS and engaged in meaningful ... (Jul 15, 2009)

EU: banks using looser accounting rules (AP via Yahoo! Finance)

European banks are increasingly using looser accounting rules to report a higher value in their 2008 accounts for complex investments that depreciated during the financial crisis, EU market supervisors said Wednesday. (Jul 15, 2009)

Accounting Standards Oversight Council announces Chair - Tricia O'Malley to lead Canadian standard-setters (CNW Group via Yahoo! Finance)

The Accounting Standards Oversight Council announced that Tricia O'Malley has been appointed as Chair of the Accounting Standards Board , succeeding Paul Cherry. The AcSB establishes financial reporting standards that contribute to enhanced decision making by improving the quality of financial information about organizational performance reported by Canadian entities. (Jul 15, 2009)

Grant Thornton LLP CEO Ed Nusbaum to Moderate AAA Panel on Financial Markets Regulatory Reform from an Accounting ... (Business Wire via Yahoo! Finance)

----The American Accounting Association is hosting its 2009 Annual Meeting in New York City this year. AAA promotes worldwide excellence in accounting education, research and practice. (Jul 15, 2009)

New chair to lead Canadian accounting standard-setters (Investment Executive)

Tricia O’Malley has been appointed as chair of the Accounting Standards Board (AcSB), succeeding Paul Cherry, the Accounting Standards Oversight Council (AcSOC) said Wednesday. (Jul 15, 2009)

eDOORWAYS Senior Financial & Accounting Specialist Sets Time Horizons for Filings (dBusinessNews.com)

AUSTIN - eDOORWAYS Corporation and Mr. Dan Bensimon, the company's Senior Financial & Accounting Specialist, make the following statement. Dan Bensimon has taken considerable time acclimating himself with the company's policies, procedures and accounting activity. (Jul 16, 2009)

South Africa: Accounting Body to Tackle Skills Deficit (AllAfrica.com)

Johannesburg — THE accounting profession is preparing a new benchmark for improving financial management in the public sector and for tackling the skills shortage in SA. (Jul 16, 2009)

Boca Raton: FAU School of Accounting gets $8,500 for programs, (Boca Raton News)

Florida Atlantic University's School of Accounting, a department within the Barry Kaye College of Business, recently received an $8,500 gift from Grant Thornton LLP, an international public accounting firm to help support students in the School of Accounting by providing funding for scholarships and professional development. ``We are proud of the relationship between Grant Thornton and Florida ... (Jul 16, 2009)

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