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Accounting News 01/2013



Lease accounting change worries Europe
The two main rule-setters – the International Accounting Standards Board and its US counterpart the Financial Accounting Standards Board – are trying to finalise new rules that supporters believe will give investors greater clarity on what are ...

Wild Side : Martha's Vineyard birders take a year-end accounting
Wild Side : Martha's Vineyard birders take a year-end accounting. January 1, 2013. Print Comments. Martha's Vineyard Times File Photo. Of the 121 species that were listed in this year's CBC, common eider were the most plentiful, even though their ...

Senators call for 'full accounting, audit' of sequestered Marcos assets
“Dapat may accounting e kagaya ng ginawa naming accounting sa coco levy, meron kaming record. Magkano yung nakolekta, magkano yung naiwan (There should be an accounting of these assets like what we did in coco levy. We have a record, how much ...

European Commission to review 'dangerous' accounting rules
A review of the controversial International Financial Reporting Standards (IFRS) has been sanctioned by Commissioner Michel Barnier to start early this year, in what amounts to a major breakthrough in a long-running campaign supported by The Daily ...

Federal - GAR Accountant
The General Accounting Operations Representative supports the management and execution of general accounting processes. An individual in this role will demonstrate a sound knowledge of bookkeeping/accounting techniques related to a specific ...

Accounting Thought Leader Shows Clients of CPA Firms Why They Should Work ...
Accounting Thought Leader Shows Clients of CPA Firms Why They Should Work ...

RGL Forensics Named 4th Top Accounting Employer by Accounting Today ...
RGL Forensics Named 4th Top Accounting Employer by Accounting Today ...

Racine accounting firm merges into CliftonLarsonAllen
In the transaction, 17 Jenkins & Vojtisek professionals, including Steve Jenkins and Rick Vojtisek, will join CLA and remain in their current Racine location. The merger took effect Tuesday. "Jenkins & Vojtisek has garnered a strong reputation in the ...

e2i and CPA Australia launch new accounting programme
SINGAPORE - Mid-career professionals without accounting work experience or accounting-related qualifications can now be hired and trained as accounts or audit professionals under a pilot programme run by the NTUC's Employment and Employability ...

CliftonLarsonAllen acquires Racine accounting firm
Public accounting firm CliftonLarsonAllen LLP has acquired Racine accounting firm Jenkins & Vojtisek SC, according to a news release issued Wednesday. The 17 employees of Jenkins & Vojtisek, including partners Steve Jenkins and Rick Vojtisek, will join ...

Defining Your Niche to Grow Your Business
Eventually, of course, he learned the ropes, and when he returned to the United States in 2007, he left the security of a corporate job and purchased an accounting firm in his father's hometown of Jennings, Louisiana. He soon decided to start a second ...

Fiscal Cliff Deal Will Have Far-reaching Tax Implications
That will make life easier for accountants and tax planners, not to mention lawmakers in Congress, who need to contend with patching the AMT year after excruciating year. The IRS too will be relieved, as it recently warned that unless the AMT is ...

Arizona Accounting Firms Merge
The combined firms will practice as BeachFleischman PC, and Taylor Duffy's employees, including its four principals and seven staff, will join the firm's Phoenix practice. BeachFleischman's Phoenix-based employee count will increase to 18 and its firm ...

Philippine province adopts e-accounting system
The Department of Public Works and Highways in the province of Leyte has fully adopted the Commission on Audit's electronic New Government Accounting System (e-NGAS) as part of the local government's efforts to eliminate red tape and financial ...

Accounting for Mother Nature means reams of paperwork
If another serious storm hits town, the finance department might need a new book shelf. Seven hefty binders tell the story of Irene, Alfred and now Sandy through a lens that a pocket calculator would find riveting. The CliffsNotes version of the multi ...

Post Office to investigate accounting software over discrepancies
THE POST OFFICE is to look again at the possibility that its accounting software could have caused discrepancies in the accounts for some of its branches. The inconsistencies have caused several sub-postmasters to be accused of false accounting, and in ...

Accounting News Roundup: Later, 112th; Judge Gives Ex-Satyam Audit ...
Accounting News Roundup: Later, 112th; Judge Gives Ex-Satyam Audit ...

Briggs & Veselka acquires Houston accounting firm
Briggs & Veselka Co., a Houston public accounting firm, has acquired Houston-based accounting firm White Garrison & Hill PC as part of a new growth plan, the firm said in a statement Thursday. Collin Eaton: Reporter- Houston Business Journal: Email | ...

Accounting Manager
The Accounting Manager directs and coordinates the daily activities of the Accounting staff to quickly and accurately record the revenues, expenditures, assets, and liabilities of the company. This position is responsible for analyzing financial ...

High Schoolers Get Early Lesson In Accounting
Five Prospect High School students taking part in the Mt. Prospect Chamber of Commerce Young Entrepreneur Academy (YEA) program heard about the roles of accounting in small businesses on Wednesday, Dec. 19. The goal was to discuss accounting ...

Parsippany Tax And Accounting Corp. - Offering Personalized Tax And Financial ...
Parsippany Tax And Accounting Corp. - Offering Personalized Tax And Financial ...

MFM Seminar To Provide Accounting Update
A Distance Learning Seminar organized by Media Financial Management Association (MFM) will provide an accounting update for media companies. Scheduled for Thursday, Jan. 10, from 3:30 to 4:45 p.m. ET, the CPE (continuing professional education) ...

Centenary College now offering double major in accounting and mathematics
The Mathematics and Natural Sciences Department and Business Department of Centenary College announce that a new double major is available in mathematics and accounting. The initiative was spearheaded by Assistant Professor of Mathematics Kathy ...

Accounting of seized Marcos assets pushed
"We want a full audit and accounting of all the sequestered assets and its value at that time, especially those that have since been dissipated as well. Present to the public the current values of its forfeited assets to address long standing ...

Game Changer: Accounting, law sectors roll through expected wave of M&A ...
Game Changer: Accounting, law sectors roll through expected wave of M&A ...

Basel Chief Concerned Over Accounting Differences on Loan Losses
Global banking regulators are concerned that loan losses will be treated differently under international and U.S. accounting standards, the chairman of the Basel Committee on Banking Supervision said. Efforts by the U.S. Financial Accounting Standards ...

Former President of Advertising Company Sentenced in Almost $20 Million ...
Former President of Advertising Company Sentenced in Almost $20 Million ...

Accounting for risk of violent death
I compliment The Post for shedding light on the National Rifle Association's successful suppression of federal funding for gun-violence-prevention research 17 years ago and on its recent success at inserting language into legislation designed to ...

Southern Co. Names Ann Daiss Chief Accounting Officer And Comptroller
Ann Daiss will become chief accounting officer and comptroller of Southern Company, as well as senior vice president and comptroller of Southern Company Services. Daiss is currently vice president, comptroller and chief accounting officer for Georgia ...

Recommended Reading on Forensic Accounting
Last year, GMI Ratings published several research reports and opinion pieces (see below) reminding our readers that aggressive accounting remains a widespread practice at public companies. We also argued that investors need to incorporate forensic ...

California parks officials deliberately hid money, report says
The report, released Friday, is the most detailed official narrative yet regarding the root of the accounting scandal at the parks department. The scandal broke last summer when it was revealed that the parks department had a hidden surplus of nearly ...

New report: Hidden state parks money started as accounting error in mid-1990s ...
New report: Hidden state parks money started as accounting error in mid-1990s ...

Accounting firm dropped from Lee bookkeeper defamation suit
The S.C. Court of Appeals denied Patricia Johnson's assertion that 3rd Circuit Judge Jeffrey Young was wrong when he said in August 2011 that accounting firm Moore, Beauston and Woodham LLP of Hartsville did not defame her when the firm and its ...

Audit rips Walton village accounting
A stinging state audit released Friday condemned the village of Walton's financial controls and oversight as “all but non-existent.” “The mayor and the board did not ensure that the village's financial operations were functioning properly,” said a ...

Report: Hidden parks cash began as accounting error, snowballed
The scandal surrounding the decision by California's top parks officials to conceal millions of dollars in public funds -- even as they asked the public to donate money to keep parks open -- had its roots in accounting errors in the mid-1990s ...

Accounting Error Leaves Pa. District Short $15M - Philadelphia News, Weather ...
Accounting Error Leaves Pa. District Short $15M - Philadelphia News, Weather ...

Accounting error leaves Pa. district short $15M
The Reading School District says an accounting error has left it short more than $15 million. Board President Robert F. Heebner Jr. tells the Reading Eagle (link) 100L2g2 that said revenues for the 2010-11 school year were overstated by about ...

CA State Parks Made Accounting Errors Totaling Millions of Dollars
SACRAMENTO – A new report by the state attorney general's office reveals that officials have kept millions of dollars hidden from the public for several years. The 140-page attorney general's report, released Friday (Jan. 4), indicates that a change in ...

Salesperson with NH alleges creative accounting in multi-billion HP-Autonomy ...
Salesperson with NH alleges creative accounting in multi-billion HP-Autonomy ...

Accounting firm begins concierge-style estate management service
Steve and Caroline Harless, who head up Atlanta-based Harless & Associates, a 27-year-old accounting and tax-planning firm, have been visiting family and friends in Palm Beach for several years. The couple, and their poodle, Jon E, recently put down ...

Save Money on Legal and Accounting Fees with this One Super Simple Trick
I think that's why I really struggled to come up with a quick answer when an entrepreneur I recently met asked me for strategies to keep her legal and accounting fees low. It's difficult to pick out low-cost providers from a website or word of mouth ...

Cambridge City Council loses £2.3m in accounting error
Cambridge City Council has admitted that an accounting error by its finance staff has left its proposed budget short by £2.3m. An external audit uncovered the mistake, which happened in June, leaving the council working with the wrong figures for six ...

Agency reaffirms ULM business, accounting accreditation
“Maintaining our accreditation in business and accounting is a testament to the dedication and quality of our faculty, staff and students and the significance of our community relationships and partnerships. It is very rewarding when a thorough review ...

Accounting chief supports reform
The first female president of Hong Kong's peak accountancy body backs reform plans to expand oversight of auditors of listed companies, but believes the industry group will continue to play an important regulatory role. Susanna Chiu, who was elected ...

Need a job? Majoring in accounting might be the best bet
A new survey showed that majoring in accounting might be the best bet for many college graduates. According to the National Association of Colleges & Employers, 68 percent of the most recent accounting majors received job offers — the highest ...

Drake & Klein merges with Peter Messineo
Although DKM hasn't made an official announcement about the merger, the news slipped out when dozens of those clients began notifying the U.S. Securities and Exchange Commission that they had hired DKM as their new public accounting firm, including ...

Company Announcements: Week of January 7, 2013
Lattimore Black Morgan & Cain, PC (LBMC), a Tennessee regional accounting and business consulting firm, has added Cindy Chadwick in its Security and Risk Services Practice in the Brentwood (Nashville) office. Chadwick has joined the firm in a staff ...

Middle Tennessee Dr. Pepper Bottling Company Selects HighJump Software ...
Middle Tennessee Dr. Pepper Bottling Company Selects HighJump Software ...

Accounting & Sustainability: Future-proofing the CFO
It's intriguing that two of the most outspoken CEOs on the big issues of our day are both former chief financial officers (CFOs). They are Unilever CEO Paul Polman, a former CFO at Nestlé, and Peter Bakker, now President of the World Business Council ...

BandsInTown Partners With Musician Logistics & Accounting Platform Eventric
image from indieambassador.com Eventric's Master Tour app has just been upgraded to include compatibility with popular concert notification platform Bandsintown. Eventric's platform is used by 10,000+ artists including The Black Keys and Owl City to ...