Accounting Helper Blog

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (5/24/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

S&P sounds alarm over UK deficit
Vince Cable: ‘Alistair Darling has relied on implausible growth forecasts for the economy.’ Photograph: David Levene Britain could lose its cherished top-tier credit rating that provides access to cheap borrowing on international markets after a downgrade of its economic outlook by Standard & Poor’s yesterday. (More)

Pressure On FASB, IASB Could Result In Tragedy, Advisory Group Warns
Welcome to Financial Executives International, the preeminent association for CFOs and other senior finance executives. FEI provides networking, advocacy and timely updates and CPE on financial manage… (More)

Role of management accountants highlighted
By our correspondent LAHORE: Institute of Cost and Management Accountants of Pakistan Secretary Zia ul Mustafa Awan has said management accountants have been contributing in a significant way to addin… (More)

2 East Coast public accounting firms to merge
NEW YORK ? Two major East Coast public accounting firms are merging as of June 1 to create a 10-office firm with operations in New Jersey, Connecticut, Florida, New York state and Grand Cayman. … (More)

Accounting Videos

Accounting Basics 6-Expanded Accounting Equation

Accounting Articles

Five Reasons to Hire Accounting Services
Regardless of the size of your company, you are bound to need some sort of Accounting Services at any point in time. They help you control your ins and outs. Whether you sell, manufacture or simply provide a service you always need accounting. For healthy finances, you need to keep control of your expenditures and earnings. Moreover, you need accounting to be legally compliant. (More)

CPA License - Accountability For Accountants
When it comes to the accounting industry, professional certification and licensure is necessary for all people who want to become a part of the industry. Getting your CPA license can take your career to new heights, as long as you take the time to get what you need. There are so many different training programs and licensing schools that you’ll have plenty of options. When you are looking for a program to help you work toward your CPA license, here are some things to keep in mind: (More)

The Role Of An Independent Auditor Explained
You may have heard of Independent Auditors who are required to audit certain business accounting systems and procedures. An Independent Auditors is like a referee of the financial reporting arena. If … (More)

The Differences Between Partnerships and Limited Liability Companies (LLC)
To assist with the creation of a business, some entrepreneurs might choose to create a partnership or a limited liability company rather than a corporation. The partnership can also be referred to as … (More)

This newsletter is provided by AccountingHelper.org.

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (5/15/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

Special auditors finalised for four telcos
The Department of Telecommunications (DoT) has allotted a special auditor each to four telecom companies. According to sources in the telecom ministry, Contractor, Nayak & Kishnadwala has been app… (More)

Ex-Wife of Former Home Depot Employee Pleads Guilty to Filing False Tax Return
EX-WIFE OF FORMER HOME DEPOT EMPLOYEE PLEADS GUILTY TO FILING FALSE TAX RETURN ATALANTA Melissa Deaton Tesvich, 41, of Mobile, Ala., today pleaded guilty to one count of filing a false tax return befo… (More)

SEC set to issue post-Madoff audit rule changes for investment advisers that self-custody
The Securities and Exchange Commission will issue a rule proposal as early as this week that would lead to surprise audits of investment advisory firms that held custody of their clients’ assets. (More)

Top 7 Reasons for Accounting Firms to Outsource
Xpitax president Glen Keenan ticks off the reasons accounting firms can benefit from outsourcing. Via CAmagazine: 1. The profession is aging. That ticking in the background may be the clock on the wall or it could be the countdown to the exodus of thousands of boomer-aged CAs now contemplating retirement. “There isn’t a new, fresh set of [...] (More)

Recession Makes Training, Retooling Key Survival Tactics for CPAs
What’s YOUR personal economic stimulus plan? Join the survey; see the results. by Rick Telberg With recessionary pressures bearing down on accounting firms and finance departments, it’s almost understandable that one of the first budget items to get the red pencil treatment is training and education. But I said “almost.” In fact, cutting back on continuing professional education [...] (More)

Accounting Videos

Accounting Basics 5- Stockholders Equity

Accounting Articles

Virtual Bookkeeping - The Key to Your Success
Are you a bookkeeper who is considering doing virtual bookkeeping in order to expand your bookkeeping business? This is a great option especially if you live in an area with limited business prospects. (More)

Accounting Theory - Basic Accounting Concepts
There are four basic accounting concepts. The concepts specify and explain the guidelines that should be followed when managing the accounting of a business. Below there is a list of the these four basic accounting concepts and a brief summary of each concept. (More)

Hire a Bookkeeper to Make Stress Free Business
If you are the proprietor of the small business corporation you always have workload, as regards to your business finance. The reality is there, and therefore you need to go to the expert to take the stress off your shoulders. (More)

How to Choose the Right Accountant For You
Running a business is a challenging, full-time job with big responsibilities and demands. One of the biggest headaches can be accounts management. The phrase “tax doesn’t have to taxing” is quoted fre… (More)

This newsletter is provided by AccountingHelper.org.

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (5/7/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

Federal Judge Removes Accountant From Receivership in Multimillion-Dollar Case
A federal judge ejected Miami forensic accountant Marta Alfonso as receiver in a multimillion-dollar criminal forfeiture case after finding she tried to protect herself and her former firm in a last-m… (More)

Obama flags accounting changes
The USAâ??s president Obama has angered US-based international companies â?? and airlines - saying he will crack down on overseas accounting practices to ensure the countryâ??s corporate tax income… (More)

Ernst & Young Consulting Challenge - The E&Y perspective
As an observer at the Ernst and Young IA consulting challenge, I had the benefits to speak to the competitors as well as the organizers of the contest. The competition packet received by each team evi… (More)

NEW SURVEY LAUNCHED: CPAs plot their own economic stimulus plans
Over the next 6 to 12 months, what’s your outlook for your firm, your clients, your family and yourself? Leave a comment. Then click here to join the survey; get the results. Meanwhile, some early comments are coming in… We have increased our business development efforts. Our IRAs and 401-Ks went to cash in August 2008 and remain [...] (More)

Good News for CPAs from Surprising Places
Many CPAs and firms are thriving and growing despite bad business conditions. What’s your  personal economic plan? by Rick Telberg Accountants and accounting firms are struggling, like most business people, to get a clear reading on the state of the economy and the outlook for business conditions ahead. Unfortunately, very little is clear at the moment, [...] (More)

Accounting Videos

Accounting Basics 4- Liabilities

Accounting Articles

Increase Your Profit by Outsourcing Bookkeeping Services
Expertise and Experience will beneficial for any client to reach the requirements. The bookkeeping services and preparation of regular management reports should be in proper format to monitor the performance of any business and make appropriate business decisions. (More)

Fundamental Accounts Receivable Management
Effective credit and collection policies will create efficiencies within any sales driven organization. A key strategy for debt recovery is, of course, not to incur the debt in the first place. To accomplish this objective, there are a number of steps a business can take to prevent their receivables from aging. It all starts with securing the right documentation up front when you establish your company’s “Terms of Business” (TOB)” with a new customer. (More)

Basic Church Accounting - Single Entry Or Double Entry Bookkeeping?
Basic church accounting is knowledge every financial staff member in your church should have in deciding which accounting system to use. Most small churches rely on volunteers, some of which have little or no accounting experience… just obedient hearts to help their church in any way they can. (More)

What You Should Know about Accounting Payroll
What You Should Know about Accounting Payroll The most important fact about accounting payroll is that it involves financial statements and not filing tax returns. Accounting payroll requires a de… (More)

This newsletter is provided by AccountingHelper.org.