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Accounting News 10/2012



Accounting competition moves to the cloud
When small business owner Alex de Bold travels, his accounts come right along with him – in a cloud. The co-founder of Toronto-based product-review website ChickAdvisor has been using FreshBooks' cloud-based accounting and invoicing software for the ...

VIP Payroll, BDO and Pastel Accounting partner to provide one-stop-shop for ...
VIP Payroll, BDO and Pastel Accounting partner to provide one-stop-shop for ...

Annual Reporting Conference Designed With a Focus on the Current U.S. ...
Annual Reporting Conference Designed With a Focus on the Current U.S. ...

Accounting News Roundup: Big 4's 'Virtuous Circle'; DVA Is Done; Do the ...
Accounting News Roundup: Big 4's 'Virtuous Circle'; DVA Is Done; Do the ...

Now Announcing…CPA Small Business Advisor
Small Business. ▷ Accounting; ▷ SaaS/Hosted Providers; ▷ Construction; ▷ Nonprofits; ▷ Point-of-Sale; ▷ Fixed Asset Management; ▷ Small Business Tools/Apps · Public Accounting. ▷ Engagement Management/Audit Tools; ▷ Write-Up; ▷ Succession ...

The Big Four Accounting Firms: Shape Shifters
It is hardly news that the “Big Four” accounting firms get bigger nearly every year. But where they are growing says a lot about how they will look like in a decade, and the prospects worry some regulators and lawmakers. On September 19th Deloitte ...

News Corp.'s Accounting More Problematic Despite New Compliance Unit
News Corp. (NWS) will announce five appointments, including former regulators, to lead its new compliance units, the Financial Times reported late Sunday. But at the same time, the media conglomerate's financial statements have shown increased signs of ...

Marion Special Town Meeting called
Selectmen have called a fall special Town Meeting for Monday, Nov. 26, to deal mostly with Community Preservation Act (CPA) requests. The Special Town Meeting will be held in Sippican School on Spring Street. Selectmen said the warrant has not been ...

Roger CPA Review Releases CPA Exam Review App for Mobile Devices
Roger CPA Review has released a new mobile application allowing CPA Exam candidates to study a test bank of 3900 AICPA released multiple choice questions on the go. San Francisco, CA (PRWEB) October 01, 2012. To help aspiring CPAs study on the ...

Gov. Scott awards two UF accounting students scholarships
Rick Scott announced Thursday that the Florida Department of Business and Professional Regulation's Division of Certified Public Accounting would be awarding $99,000 in scholarships to 16 minority accounting students at Florida universities. Among ...

Further delay for insurance standard
Updated | A long-delayed global accounting standard for the insurance sector will be put back further after the International Accounting Standards Board announced plans for further consultation after more than a decade of deliberation. The IASB says it ...

Affymax Appoints Karin L. Walker as Vice President of Finance and Chief ...
Affymax Appoints Karin L. Walker as Vice President of Finance and Chief ...

Birmingham's CRI accounting firm acquires Nashville firm
"With the focus on improving efficiencies and related, consistent merger activity in the accounting profession, there is an opportunity for firms like CRI to enhance their expertise," Carr said in a prepared statement. "Expanding our firm with the Byrd ...

US government accounting board chairman to retire
NEW YORK Oct 2 (Reuters) - The chairman of the U.S. board that sets accounting standards for state and local governments will retire next June, a year ahead of the end of his term, the Financial Accounting Foundation said on Tuesday. Robert Attmore, a ...

Appliance Recycling Centers of America Promotes Jeffrey Cammerrer to CFO
Cammerrer has served as ARCA's Vice President of Accounting and Finance since March 2012 and as Corporate Controller since July 2008. As CFO, Cammerrer will oversee all aspects of corporate finance and accounting, including financial reporting, ...

Virtual Conference Addresses Cloud Accounting
On November 8 and 9, 2012, hundreds of accountants worldwide, while sitting in their favorite chairs at work or at home, will be learning practice-growth tips from two accounting industry thought leaders, networking with like-minded practitioners ...

Defence says former Nortel execs accused of fraud did nothing wrong
The defence team for three former high-ranking Nortel executives argued Tuesday that improper accounting practices at the fallen technology giant were errors and not intentional manipulations, as the Crown suggests. Lead lawyer David Porter, who ...

AICPA Names Outstanding CPA in Government Award Winners
Gregory J. Anton, CPA, CGMA, AICPA chairman, presented the award to Norman at the AICPA's 29th Annual National Governmental Accounting and Auditing Update Conference in August in Washington, DC. The awards recognize CPAs working in federal, ...

US government accounting board chairman to retire
NEW YORK (Reuters) - The chairman of the U.S. board that sets accounting standards for state and local governments will retire next June, a year ahead of the end of his term and as controversial new standards for pensions start kicking in. Robert ...

FASB Accounting Standards Updates
Effective July 1, 2009, changes to the source of authoritative U.S. GAAP, the FASB Accounting Standards Codification® (FASB Codification), are communicated through an Accounting Standards Update (Update). Updates will be published for all authoritative ...

Codification Housekeeping Includes Fair Value Updates
The Financial Accounting Standards Board has finalized a new update to accounting standards to make a number of technical corrections and improvements to the Accounting Standards Codification, including some updates to fair value guidance that merit ...

FEI - FINANCIAL EXECUTIVES INTERNATIONAL : Annual FEI CFRI Conference ...
FEI - FINANCIAL EXECUTIVES INTERNATIONAL : Annual FEI CFRI Conference ...

Making their cases for or against CPA
By GEORGE AUSTIN. Editor. SOMERSET — At a meeting held at the Town Office Building on Monday night, selectman Donald Setters, Jr. told those in attendance that he is in favor of addressing open space, historical preservation and affordable housing in ...

CPA proponent makes presentation
By BILL HALL. Associate Editor. SOMERSET — An associate director of the Community Preservation Coalition gave a presentation of the Community Preservation Act in front of 17 people at the VFW Post Thursday evening. Katherine Roth gave a guideline ...

FASB, IASB keep time value of money in revenue recognition standard
Adjustments for the time value of money, which have generated some opposition from stakeholders, are likely to remain a part of the converged revenue recognition standard that is being jointly developed by FASB and the International Accounting ...

Assessing Sprint Nextel Inc's (S) Earnings and Accounting Quality
Sprint Nextel Corporation (NYSE:S) will release its financial results for the next quarter later this month. Telecommunications sector giant AT&T Inc. (NYSE:T) will be releasing its earnings on October 24th while Verizon Communications Inc. (NYSE:VZ ...

U.S. government accounting board chairman to retire
NEW YORK (Reuters) - The chairman of the U.S. board that sets accounting standards for state and local governments will retire next June, a year ahead of the end of his term and as controversial new standards for pensions start kicking in. Robert ...

UPDATE 1-Clinton pledges full accounting of deadly Benghazi attack
WASHINGTON Oct 3 (Reuters) - U.S. Secretary of State Hillary Clinton on Wednesday vowed to pursue a full accounting of the deadly attack on the U.S. consulate in Benghazi "wherever that leads," but cautioned that it could take time for a complete ...

Clinton pledges full accounting of deadly Benghazi attack
WASHINGTON (Reuters) - U.S. Secretary of State Hillary Clinton on Wednesday vowed to pursue a full accounting of the deadly attack on the U.S. consulate in Benghazi "wherever that leads," but cautioned that it could take time for a complete picture to ...

Findlen named deputy chief; BOS opposes CPA ballot question
By Mike Berger. The Board of Selectmen on Tuesday approved the appointment of Lt. Helena Findlen as the Canton Police Department's new deputy police chief. Deputy Chief Helena Findlen. All three lieutenants, including Tom Keleher Jr. and Patty Sherrill ...

New FOX Report: Accounting and Reporting Consumes Almost a Third of Family ...
New FOX Report: Accounting and Reporting Consumes Almost a Third of Family ...

CPA for dummies
Recently, a friend of mine asked me to weigh in on the Community Preservation Act. Fall River will participate if we pass the referendum question that will appear on the November ballot. Passage of the referendum would mean a 1.5% surcharge on ...

Helping CPA Firms Become Wealth Managers
1st Global was founded in 1992 by CPAs who believe that accounting, tax and estate planning firms are uniquely qualified to provide comprehensive wealth management services to their clients. It provides CPA, tax and estate planning firms with education ...

St. Louis Accounting Firm Tom Dunn CPA, Helping Small Business Owners With ...
St. Louis Accounting Firm Tom Dunn CPA, Helping Small Business Owners With ...

SASB Aims to Set Sustainability Accounting Standards
The Sustainability Accounting Standards Board has been founded to fill what it sees as a current void in corporate reporting by quantifying the value of corporate non-financial information. The SASB said Thursday that it intends to develop and publicly ...

Director of Accounting and Budget Manager
Beloit College a nationally ranked private liberal arts college, seeks candidates for a dynamic, full-time Director of Accounting and Budget Manager. This outstanding opportunity requires both the technical/professional skills of a CPA and ...

CPA offense finds groove against rival Maplewood
With CPA having lost its three previous games against Maplewood — blowing a two-touchdown second-half lead last year to do so — coach Ingle Martin wasn't going to get too comfortable Thursday night. The Lions scored 24 straight points to open their ...

Reviewing the Addis Ababa Peace Agreements 2012
The maxim that the test of any agreement is in its implementation is familiar to those who follow Sudanese politics, even from a distance. This article reviews the latest agreements reached between Sudan and South Sudan on September 27 in Addis Ababa, ...

'Still the CPA on 30A': Brad Congleton reflects on past 10 years of success
From left, Erika Roberts, Brad Congleton, and Maryann Hall are the faces behind the accounting business, which operates out of Uptown Grayton. Can't get to the office during business hours? Brad's Crab Box is the after-hours drop box. Teresa Lawrence ...

FASB Maps Out Impairment Disclosure Plans
As it develops its own accounting approach apart for the International Accounting Standards Board for financial instrument impairments, or mark downs, the Financial Accounting Standards Board has reached some new tentative decisions about some ...

Assistant Professor of Accounting
The Department of Accounting and Finance at the University of North Florida invites applicants for a tenure-track Assistant Professor of Accounting position beginning in August 2013. For the position, accounting specialty desired is financial ...

Accounting Groups Stall Responses to SEC's IFRS Staff Paper until After ...
Accounting Groups Stall Responses to SEC's IFRS Staff Paper until After ...

Business Matters: Accounting Explains How Spotify's Business Model Can ...
Business Matters: Accounting Explains How Spotify's Business Model Can ...

An auditor's duty
Saturday October 6, 2012. Don Keelan. The time, effort and commitment the Arlington School District board has demonstrated in its quest to fulfill its educational mission, are on par with any school district in Vermont. Unfortunately, the same cannot ...

CPA gets second chance in Beverly
BEVERLY — The last time the city contemplated adopting the Community Preservation Act, voters said no by nearly 2,000 votes. Ten years later, supporters are hoping the landscape has changed enough to produce a different outcome. Beverly is one of nine ...

Hampton backs off prior assertion that an accounting firm had checked out Blue ...
Hampton backs off prior assertion that an accounting firm had checked out Blue ...

Local accounting firm in magazine
CHAMBERSBURG - Smith Elliott Kearns & Company, LLC was named as a national leader in INSIDE Public Accounting's third annual ranking of the nation's largest accounting firms, the IPA 200. INSIDE Public Accounting magazine is a news source for the ...

CPA: Small businesses at strong risk of fraud, theft
Except that fraud and theft is occurring here, according to Henderson CPA Malcom E. "Mac" Neel III, a partner in Myriad CPA Group who said 60 percent of his time is spent on forensic accounting. In just the past six months, he said, his firm has been ...

Company Announcements: Week of October 8, 2012
Seven accounting professionals with Citrin Cooperman in Philadelphia have been named among the region's top practitioners by readers of business magazine SmartCEO. Praised for their rational, objective advise, sound ethics and careful attention to ...

Banks caught in accounting limbo
Banks caught in accounting limbo. Mike Foster. 08 Oct 2012. Bank of England executives are worried that confusion over the way banks account for the value of their assets is damaging the economy. There are also concerns that international efforts to ...