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Accounting News 09/2009



Finance and Accounting Outsourcing Posts Early Post-Recession Growth Trajectory, Reports Black Book Research (PRWeb via Yahoo! News)
"The Black Book of Outsourcing", a division of Datamonitor Inc, one of the world's foremost providers of sourcing consulting and research services, announced the results of the 2009 Black Book Financial and Accounting Outsourcing Top Vendors Survey which found that most executives today agree that outsourcing finance, accounting and procurement significantly helped their companies survive the ...

Accounting and Finance Managers Feeling Pinch Can Squeeze Back (PRWeb via Yahoo! News)
New white paper by BroadPoint explains how to pull more performance out of your accounting software and ERP software licenses

Ervin Steps Down as American Safety Chief Accounting Officer (Insurance Journal)
Bermuda-based American Safety Insurance Holdings, Ltd..has announced that Laura L. Ervin, the Company's Chief Accounting Officer, resigned to pursue other interests. Her resignation was effective ...

Strategic Merger Will Help Small Businesses Grow Profitability -- BooksPro Accounting Merges With Young Consulting Group (PRWeb via Yahoo! News)
Young Consulting Group announced today that BooksPro Accounting is merging with their firm. This strategic move will allow the rapidly expanding consulting group to offer the "total package" to small businesses.

Indiana Converting To Centralized Accounting System (Indiana's NewsCenter)
Indiana state government will fully convert to a uniform financial accounting system by Sept. 16.

Indiana converting to centralized accounting system (WTHR Indianapolis)
Indiana state government will fully convert to a uniform financial accounting system by Sept. 16.

Association Services of Florida Appoints Mercedes Vildosola as Director of Client Accounting (PR Newswire via Yahoo! Finance)
Association Services of Florida , an Associa Company, is pleased to announce the appointment of Mercedes Vildosola to the position of Director of Client Accounting. As Director of Client Accounting, Ms.

Robert Half survey: Triangle CFOs still more likely to fire than hire accounting staff (BizJournals)
The latest Robert Half International quarterly survey of chief financial officers, released Tuesday, finds that 6 percent of CFOs in the Raleigh-Durham-Fayetteville area plan to add accounting and finance staff during the fourth quarter – up from 4 percent last quarter. (RHI)

Survey: Area’s finance, accounting hiring outlook gloomy for 4Q (BizJournals)
The hiring outlook for finance and accounting jobs in the Columbus area could take a turn for the gloomy in the fourth quarter, with a new survey projecting more companies in the region planning to cut jobs than add them.

Accounting amp; Finance Professionals Stay Accredited (PitchEngine)
In this economy, Americans need all the financial help they can get. The National Association of State Boards of Acccountancy NASBA is keeping accounting and finance professionals equipped to react and adapt to the economy with the 2009 National CPE Expo. Hosted in San Antonio in September, the expo offers continuing professional education sessions for professionals seeking to maintain his/her...

VeriFone settles accounting irregularities charges (AP via Yahoo! Philippines News)
VeriFone Holdings Inc. on Tuesday agreed to settle regulators' charges that it falsified accounting records by pledging to never violate federal securities laws.

VeriFone settles accounting irregularities charges (AP via Yahoo! News)
VeriFone Holdings Inc. on Tuesday agreed to settle regulators' charges that it falsified accounting records by pledging to never violate federal securities laws. A VeriFone employee implicated in the accounting debacle will pay a $25,000 fine.

VeriFone settles accounting irregularities charges (San Francisco Chronicle)
VeriFone Holdings Inc. on Tuesday agreed to settle regulators' charges that it falsified accounting records by pledging to never violate federal securities laws. A VeriFone employee implicated in the accounting debacle will pay a $25,000 fine. The Securities... Sponsored Topics: Business - Accountancy - Security - VeriFone - Accounting

Accounting Error Leaves 28 Jobless (NBC Bay Area)
An accounting error leaves 28 San Mateo County court employees without jobs.

Accounting, finance jobs becoming available in Nashville (The Tennessean)
The labor market is expected to ease for Nashville accounting and finance professionals in the fourth quarter, according to staffing firm Robert Half International.

Accounting, finance jobs becoming available in Nashville (The Tennessean)
The labor market is expected to ease for Nashville accounting and finance professionals in the fourth quarter, according to staffing firm Robert Half International.

Yahoo's chief accounting officer resigns (AP via Yahoo! News)
Yahoo Inc. on Wednesday disclosed that its chief accounting officer will leave the company on Sept. 30.

Yahoo's chief accounting officer resigns (AP via Yahoo! Finance)
Yahoo Inc. on Wednesday disclosed that its chief accounting officer will leave the company on Sept. 30. Michael A. Murray, who also holds the title of senior vice president of finance, is leaving to pursue other opportunities, a Yahoo spokeswoman said.

Yahoo Chief Accounting Officer Leaving Company (Fox News)
Yahoo Chief Accounting Officer Leaving Company

Yahoo's chief accounting officer resigns (San Francisco Chronicle)
Yahoo Inc. on Wednesday disclosed that its chief accounting officer will leave the company on Sept. 30. Michael A. Murray, who also holds the title of senior vice president of finance, is leaving to pursue other opportunities, a Yahoo spokeswoman said.... Sponsored Topics: Vice president - Yahoo! - Business - Company - Chief accounting officer

Innotrac Changes Independent Registered Public Accounting Firm (redOrbit)
ATLANTA, Sept. 2 /PRNewswire-FirstCall/ -- Innotrac Corporation (Nasdaq: INOC) today announced that it has changed its independent registered public accounting firm to Grant Thornton, LLP.

City leaders explain $1 million accounting error (KTUU Anchorage)
The Office of Management and Budget says a good portion of the $1.1 million of so-called accounting errors is actually ambulance fees that the city has not been able to collect.

Former accounting supervisor of indicted (The Pasadena Citizen)
A former accounting supervisor for a Pasadena chemicals company has been charged with embezzling more than $3.6 million from her employer, U.S. Attorney Tim Johnson announced Wednesday.

Yahoo accounting chief searching for a new job (vnunet.com)
David Jetuah, Accountancy Age , Thursday 3 September 2009 at 15:30:00 Michael A Murray, Yahoo's chief accounting officer, is leaving to pursue other opportunities, following ex-CFO Blake Jorgensen out of the door Yahoo's chief accounting officer is to leave the company at the end of September, making it the second high-profile exit at the internet giant's finance function this year. Michael A ...

NINETY-NINE PERCENT OF CORPORATE REAL ESTATE EXECUTIVES ARE UNPREPARED FOR PROPOSED FASB/IASB LEASE ACCOUNTING CHANGES (Accounting Education)
Corporate real estate (CRE) executives are substantially unprepared for a proposed major change in national and international accounting treatment of real estate lease obligations, according to a recent survey by Jones Lang LaSalle and CoreNet Global that revealed 99 percent of respondents had not fully evaluated the impact the proposed change would have on their financial statements and ...

Product Spotlight: GnuCash financial accounting software (TechRepublic)
GnuCash is for any individual, SMB, or enterprise needing double-entry financial accounting software that is cost effective, feature-rich, reliable, and works across platforms.

Hot Forum Topic: Will Apple Change its iPhone Subscription Accounting Policy? (The Mac Observer)
Apple uses a subscription accounting system to log iPhone sales, and today TMO readers are debating whether or not the company could change that policy in the future.

Man, son pool talents, form Bonita Springs accounting firm (The News-Press)
A father and son are living out a dream and finding success with their small, Bonita Springs-based accounting firm.

Accounting audit finds no major problems in Delaware Township (The Des Moines Register)
A state audit released last week in Delaware Township found flaws in bookkeeping and accounting practices, but no serious problems or missing money.

Joye becomes shareholder at accounting firm (Salem Statesman Journal)
Stephen Joye is now a shareholder at the accounting firm Fischer, Hayes & Associates. He joins shareholders Jerome 'Tonk' Fischer, Stewart Hayes and Dean Allen.

Research and Markets: Leading Accounting and Audit Firms in Germany, Including a Special Report about the Big Four (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "Leading Accounting and Audit Firms in Germany" report to their offering.

Bob Fewson Accounting sold to Weber Tax Service (Clarinda Herald-Journal)
Weber Tax and Accounting has recently purchased Bob Fewson Accounting. The new business will remain in Clarinda at the same location. All clients of Mr. Fewson will be receiving a letter within the week explaining the transition. If you have any questions, please call B.J. Weber at 542-3000.

Ernst & Young resigns as Corus' accounting firm (Chicago Tribune)
Corus Bankshares Inc. said Ernst & Young LLP has resigned as its accounting firm, according to a Securities and Exchange Commission filing late Friday.

Bob Fewson Accounting sold to Weber Tax Service (Clarinda Herald-Journal)
Weber Tax and Accounting has recently purchased Bob Fewson Accounting. The new business will remain in Clarinda at the same location. All clients of Mr. Fewson will be receiving a letter within the week explaining the transition. If you have any questions, please call B.J. Weber at 542-3000.

G20: ECB Noyer: Uniform Accounting Key To Stronger Regulation (Nasdaq)
LONDON -(Dow Jones)- European Central Bank governing council member Christian Noyer said Saturday that uniform accounting rules are key to developing stronger prudential regulation, as sought by the Group of 20 industrial and developing nations.

Teams Seeking Remains Dig Back to World War II (New York Times)
The U.S. military has paid new attention to accounting for a majority of the Americans missing from the war.

Bob Fewson Accounting sold to Weber Tax Service (Clarinda Herald-Journal)
Weber Tax and Accounting has recently purchased Bob Fewson Accounting. The new business will remain in Clarinda at the same location. All clients of Mr. Fewson will be receiving a letter within the week explaining the transition. If you have any questions, please call B.J. Weber at 542-3000.

Profiles of Success: School was a reward for opportunities (Amarillo Globe-News)
[I had always liked accounting, and the only way I could get the job I wanted was to get back to school. At age 33, I enrolled in night classes and eventually received a second degree.

GRADING THE BLAZERS (Birmingham News)
Quarterback Joe Webb had a Joe Webb kind of day - accounting for 415 yards - and the Blazers finished with 516 yards of offense. The defense set the tone early with two big stops and overall played well. It still has some work to do but it's a good start.

ICAI’s final report on Satyam fraud awaited (The Hindu)
NEW DELHI: Corporate Affairs Minister Salman Khurshid has said he would exert pressure on ICAI for a final report on the multi-crore Satyam fraud, although the accounting regulator said it has submitted one in July.

Lead Reaches 16-Month High on Speculation China Curbing Output (Bloomberg)
Sept. 4 (Bloomberg) -- Lead rose to the highest in almost 16 months in London on speculation that supply will drop as China, accounting for about a third of world production, curbs polluting industries.

Yahoo Chief Accounting Officer Steps Down (Computer Business Online via Yahoo! UK & Ireland News)
Yahoo has announced that Michael A Murray, its chief accounting officer and senior vice president of finance, will leave the company to pursue other opportunities, effective September 30. Murray joined the company in December 2004 and prior to that he was a vice president at Sun Microsystems.

Accounting firms help clients weather tough financial times (BizJournals)
With few exceptions, the recession is squeezing businesses across the Washington area, forcing executives to confront often unfamiliar issues and challenges. Customers are slower to pay, credit is harder to come by, and cash flows are sputtering.

Phyllis Kramer: Huntington Woods leader used her accounting skills for city (Detroit Free Press)
Huntington Woods City Commissioner and Mayor Pro-Tem Phyllis Kramer was the proverbial calm amid the political storm. Mrs. Kramer, an elected commissioner since 1995 and 27-year resident of Huntington Woods, died Saturday evening at Beaumont Hospital in Royal Oak following a cerebral hemorrhage she suffered Friday afternoon at her home. She was 53.

RCCC Small Business Center offering courses in basic accounting (The Salisbury Post)
The Small Business Center at Rowan-Cabarrus Community College is offering courses for people planning to start a small business and small business own ...

ISAF Commander Promises Afghans Full Accounting of Kunduz Air Strike (Defence Professionals)
WASHINGTON | The commander of the International Security Assistance Force promised Afghans a full accounting of the air strike in Kunduz province Sept. 3. ...

Bob Fewson Accounting sold to Weber Tax Service (Clarinda Herald-Journal)
Weber Tax and Accounting has recently purchased Bob Fewson Accounting. The new business will remain in Clarinda at the same location. All clients of Mr. Fewson will be receiving a letter within the week explaining the transition. If you have any questions, please call B.J. Weber at 542-3000.

Algeria's Generics Market Was Valued At US$0.89bn, Accounting For Just Over 38% Of The Total Pharmaceuticals Market (OfficialWire)
In the Q409 Business Environment Rankings matrix for the 17 key countries of the Middle East and Africa (MEA) region, Algeria remains in a lowly 14th position.

Crime › Chiba Prefecture has Y3 bil in accounting irregularities in 5 yrs (Japan Today)
The Chiba prefectural government has found accounting irregularities totaling about 3 billion yen in the five years up to fiscal 2007, with some 110 million…

Porte Brown Bolsters Accounting Services for Construction Industry with New CCIFP Certifications (PRWeb via Yahoo! News)
Porte Brown Bolsters Accounting Services for Construction Industry with New CCIFP Certifications. Three Additional Members of Porte Brown Staff Earn CCIFP Certification Putting the Chicago Area Accounting Firm in an Elite Category with a Total of Four Certified Professionals Available to Provide Specialized Financial Management Services to the Construction Industry.