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Accounting News 04/2014 (Page 2)



Associa Names Lisa O'Neill Client Accounting Project Team Consultant for ...
Associa Names Lisa O'Neill Client Accounting Project Team Consultant for ...

Accounting Challenge Comes to WIU Friday
MACOMB, IL - Western Illinois University's Department of Accounting and Finance, the WIU chapter of Beta Alpha Psi (BAP) and the Illinois CPA Society, invite area high schools to participate in the ninth annual Accounting Challenge at 9:15 a.m. Friday ...

Henning receives accounting award at AIB
To be considered for the recognition, Henning and 43 other honorees were required to maintain a cumulative grade point average of 3.75 or higher in all their classes — not just accounting — through the Winter 2013-2014 academic term. Eligible ...

Once Upon a Time: When Accountants and Manufacturers Agreed
“When times are good and there is plenty of business, this method of accounting indicates that our costs (per product) are low; but when times become bad and business is slack, it indicates high costs due to the increased proportion of burden each unit ...

Douglasville, GA Accounting Firm Announces the Re-Launch of its Company ...
Douglasville, GA Accounting Firm Announces the Re-Launch of its Company ...

GCF® Adds Pro-Bono Accounting Services for Eastern North Carolina Non-Profits
“GCF Accounting Services (“GCFAS”) combines a deep knowledge of the tax-exempt world with accounting expertise to assist boards of directors and management at organizations, such as Boys & Girls Clubs,” Rev. McLain said. “GCFAS eliminates the need ...

UK Accounting “Radical Overhaul” Turns UK Into Nation Of Savers … Instantly
A radical overhaul of the UK national accounts is set to double the official measure of household savings rates according to the Financial Times. The moves will present Britons as a nation of unexpected prudence and undercut their widely held ...

Question of the Month: How do I select the right accounting firm for my real ...
Question of the Month: How do I select the right accounting firm for my real ...

10 Personal Finance Books for Budding Entrepreneurs
"Accounting Made Simple: Accounting Explained in 100 Pages or Less" is a solid introduction to accounting principles, including GAAP compliance, cash versus accrual methods, and financial ratios. It's a good foundation for young entrepreneurs and a ...

A simple accounting change can make green infrastructure more attractive
Unfortunately, these engineering feats are actually disincentivized in our current accounting system because they are more expensive in the short term despite having huge long-term savings. However, there is a basic accounting solution that could ...

Britain to gain 5 percent in GDP with accounting maneuver
The accounting maneuvers, retroactive to September 2013, mean Britain's GDP is larger than previously reported, personal incomes are higher on average and personal incomes-to-savings ratios will double, and will be more in line with other European ...

Online Accounting Firm Remote Accountant LLC Urges Taxpayers to File their ...
Online Accounting Firm Remote Accountant LLC Urges Taxpayers to File their ...

CVS in $20M Settlement with SEC Over Accounting
CVS Caremark Corp agreed to pay $20 million to settle U.S. Securities and Exchange Commission charges that it misled investors about significant financial setbacks and used improper accounting to artificially boost its results. The Woonsocket, Rhode ...

City generates surplus of $17.6 million
The “accounting gymnastics” highlights the fact that a number of boroughs are chronically underfunded, Bergeron said. The city uses a formula to top up the city's annual allocation to boroughs to pay for local services based on the value of locally ...

Tech accounting program nationally recognized
The Master of Science in Accounting program in the Jerry S. Rawls College of Business Administration was recently ranked in several categories one of the top 10 programs in the nation, according to a TaxTalent survey. The MAcc Tax program, MS Tax ...

BlumShapiro Ranks #55 in Accounting Today's 2014 Top 100 Firms in the Nation
BlumShapiro, the largest regional accounting, consulting and tax firm in New England, announced today it is now ranked as the 55th largest accounting firm in the nation in Accounting Today's 2014 Top 100 Firms. Share on Twitter Share on Facebook Share ...

REDW recognized as growing accounting power
“REDW's growth into Phoenix catapulted us to being ranked the fifth largest accounting firm in the southwestern United States and the fourth fastest-growing accounting firm in the entire United States,” said Ron Rivera, REDW's managing principal in a ...

CVS's Optimistic Accounting Didn't Charm the SEC
Because CVS's other bit of naughtiness was accounting naughtiness. While my dramatic interpretation of the due diligence call has no names attached, the accounting awkwardness is attributable to one particular guy. That guy -- whom the SEC went after ...

UofA Ranks in Top 50 for Archival Accounting Research Worldwide
All five rankings were under the archival research category. Archival research utilizes pre-existing data or historical content to answer questions about accounting. The UofA ranked second worldwide for archival accounting information systems research ...

$100000 Gift for UCA Master's Accounting Program
CONWAY, AR (News release) - The University of Central Arkansas Advancement Division announces a $100,000 gift commitment from Bell & Company to establish a scholarship for graduate students pursuing a master's degree in accounting. The Stephens ...

CVS to pay $20 million for misleading investors, improper accounting
CVS Caremark Corp. announced on April 8 that it will pay $20 million to settle Securities and Exchange Commission (SEC) accusations that it defrauded investors during a 2009 debt offering and conducted improper accounting through its acquisition of ...

Bramwell's Lunch Beat: CVS Is Now $20 Million Poorer Over Accounting Misdeeds
CVS Caremark Corp., the second largest US drugstore chain, will pay $20 million to settle US Securities and Exchange Commission (SEC) charges that it defrauded investors in 2009 during a debt offering and by accounting improperly for an acquisition, ...

Attorney Adam Tobin Selected For "Top Accounting And Estate Planning ...
Attorney Adam Tobin Selected For "Top Accounting And Estate Planning ...

Open Ledger Accounting
Open ledger accounting has the potential to make accounting more accurate and simpler than ever. One of the problems with accounting as it currently stands is its inability to provide 100% accuracy. This might be surprising for those not actively ...

Axis Win Flipped In $168M RE Accounting Coverage Suit
Law360, New York (April 09, 2014, 4:18 PM ET) -- A Florida appellate court on Wednesday put Axis Surplus Insurance Co. on the hook for a potential $168 million class action over a defunct commercial mortgage broker's allegedly sloppy accounting, ruling ...

Don't Stop at Reported Earnings: Forensic Accounting Tips for Converting GAAP ...
Don't Stop at Reported Earnings: Forensic Accounting Tips for Converting GAAP ...

Maine accounting students get hands-on with IRS VITA program
Aspiring accountants from Husson University in Maine are volunteering to help individuals file their state and federal taxes through the IRS Taxpayer Assistance Program. Open to local area residents and Husson University students needing assistance ...

State Licensing Agency Encourages Accounting Students To Apply For ...
State Licensing Agency Encourages Accounting Students To Apply For ...

Munhall council hires accounting firm to perform overdue audits
Munhall officials have chosen an accounting firm to perform long overdue audits for 2011 and 2012 along with the upcoming report for 2013. Council unanimously approved the hire of Mark C. Turnley, CPA, at a flat rate of $6,500 per audit after opening ...

Accenture, Ariba partner on cloud-based BPO for accounting
Systems integrator Accenture and SAP-owed Ariba Networks announced a collaboration Thursday that will see the two companies target jointly developed cloud-based business process outsourcing (BPO) software at the financial services and accounting ...

The best Mac accounting apps
If you've been around the Mac accounting game for any length of time you're likely already aware of the more well-known players, QuickBooks and AccountEdge. The one application that probably hasn't made it onto your radar—but should have—is Cognito ...

The 'CSI Niche': AICPA Boosts Forensic Accounting
According to an AICPA survey, forensic accountants said they've seen a 20 percent increase in demand for their services, while roughly one-quarter of forensic accounting firms have added more forensic professionals to their practices. That demand is ...

Accounting trick means more money for CPS
The Chicago Public School system has found another $70 million to pump into local school budgets in the coming year. A one-time accounting change and some cost reduction will free up the extra money. But the Civic Federation warns, the accounting ...

Three Smeal accounting alumni recognized for outstanding CPA exam ...
Three Smeal accounting alumni recognized for outstanding CPA exam ...

Husson Accounting Students help classmates file tax returns
And that help is coming from fellow students in the accounting program. For the students filing taxes, it's a relief to get some help. "I wasn't sure how to add in the student loans and whether i could be claimed by my parents or not claimed by them so ...

Survey Finds Audit Flaws by the Big Accounting Firms
WASHINGTON — Public company and bank audits conducted around the globe by units affiliated with the world's six largest accounting firms are persistently riddled with flaws, a group of international regulators have found. The finding, released on ...

'Update codes of ethics for law, accounting'
The codes of ethics for both lawyers and accountants need to be modernised in order to preserve the standards of the professions, Justice Rolston Nelson has said. Delivering the feature address at the Institute of Chartered Accountants of Trinidad and ...

NQ Misses Earnings Views, Reports Accounting Error
Mobile security company NQ Mobile (NQ) late Thursday reported mixed results with per-share profit unexpectedly slipping a penny, sending shares diving 9% in late trading. NQ reported Q4 earnings per share excluding items of 22 cents vs. Wall Street's ...

J.C. Penney And The Difference Between Cost And Retail Accounting
Anyone who has studied accounting knows that even when a management team is just trying to give the clearest possible depiction of how their business is doing (not massaging numbers or worse) there are a surprising number of judgment calls that can ...

Cougar Mountain Software Releases New Version of Denali Accounting and ...
Cougar Mountain Software Releases New Version of Denali Accounting and ...

Bethel adds Accounting concentration, Health Studies certificate
“Accounting is an area of study often cited by Kansas high school graduates and our prospective students as a desired program,” said Brad Born, vice president for academic affairs, “and accounting and finance careers are an important track for college ...

Nigeria's Oil Revenue Faces an Accounting
Nigeria's Oil Revenue Faces an Accounting. Nigerian National Petroleum Corp. Promises Auditing of Funds Amid Broad Debate Over Corruption. Email; Print. Save ↓ More. Save to ↓ More. Save ↓ More. Saved ↓ More. Please log in or register for free to ...

Analyst On NQ Mobile Not Phased By 'Accounting Overstatement' Comment
In the press release, the company reported that it identified an accounting overstatement "relating to share based compensation expense in the unaudited financial results for the three months and nine months ended September 30, 2013 as previously ...

Accounting Assistant
ACCOUNTING ASSISTANT needed to provide support to the property management department. Position is responsible for performing administrative and accounting duties, including but not limited to: Lease documentation and organization Preparation of ...

GU accounting students volunteer to file taxes
Accounting students at Gonzaga University have contributed over 700 hours as certified volunteer tax preparers. They filed more than 728 tax returns, totaling more than $1,000,000 in refund totals, according to the University. The nearly 800 GU ...

An unfair accounting of Gen. Mundy's life
Regarding the April 6 obituary of Marine Gen. Carl E. Mundy Jr.: An obituary should report the death of a person with an account of the person's life. While items of controversy are normally included if the deceased is notable, fairness demands that ...

Decanting and Compulsory Accounting Under New York Law
Among the areas potentially affected by the treatment of trust decanting is the commencement of the statute of limitations for a beneficiary to bring a proceeding to compel an accounting by a fiduciary. The 2013 amendment to the New York decanting ...

Boyceville teacher awarded grant to promote accounting career
BROOKFIELD – Connie Swanson, accounting teacher at Boyceville High School in Boyceville, has been awarded a 2014 Accounting Careers Awareness Grant in the amount of $1,863 from the Wisconsin Institute of Certified Public Accountants (WICPA) ...

Art of Accounting: The Vanishing Write-up
Write-ups were literally writing up a client's cash disbursements and receipts journals, entering sales and purchases, reconciling the bank accounts, taking off a trial balance and accounts receivable schedule, making some adjusting and recurring ...

George Staubus, campus professor emeritus of accounting, dies at 87
George Staubus, an emeritus professor at the Haas School of Business who transformed the field of accounting, died March 21 in Oakland from bone marrow failure. He was 87. During his time on campus, which spanned more than half a century, ...