Accounting Helper Blog

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (10/27/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

Senate May Vote to Extend Home Buyers Tax Credit
The Senate could vote on Tuesday to extend a popular tax break for home buyers that has helped lift the housing market out of its worst slump since the Great Depression. Senate Majority Leader Harry R… (More)

Garda To Become First Cash Logistics Provider In Compliance With CICA 5970 Accounting
Montreal, Quebec, Canada–(Marketwire) - Garda World Security Corporation (TSX:GW)(Garda), one of the most trusted cash logistics, physical security and global risk consulting firms in the world, anno… (More)

Speeding SOX Audits with Automated Data Protection Tools
White Papers for Sarbanes-Oxley (SOX) Bocada This white paper focuses on Sarbanes-Oxley Act (SOX) regulations relevant to data protection, and describes both best practices and automated tools used by… (More)

CCH Launches ProSystem fx into the Cloud
Offers cross-app data integration. CCH unveiled a new Software-as-a-Service version of its niche-dominating ProSystem fx tax prep software, integrating it with document, client data, workflow, and engagement management applications. Here’s the media release, with a video: CCH’S NEXT GENERATION PROSYSTEM FX SUITE BRINGS BETTER WAY OF WORKING Easier to Use, Easier to Access with Common Client Data; Single Sign-On; New [...] (More)

Join me at NYSSCPA’s One-Day Practice Management Conference
Wed., Oct. 28, in midtown Manhattan. I’ll be delivering the luncheon speech, “Seven Keys to Success in CPA Firm Management.” But the best reason is to go is probably the first panel of the day: Practice Continuity: A Moderated Panel Session Moderator: Robert S. Fligel, CPA, Managing Member, RF Resources LLC Fact: More than 75% of current CPAs will be [...] (More)

CCH: Accounting Firms Doing Well Through Economic Slump
But Some Challenges May Still Be Ahead via CCH Accounting firms are doing well weathering the effects of the current economic slump, but unfortunately there may still be challenges ahead, even as the economy picks up, according to the findings of an independent nationwide survey of 100 U.S. accounting firms. The survey was conducted by Opinion Research [...] (More)

Accounting Articles

Purchase Order Factoring - A Solution to Finance a Large Purchase
Purchase order factoring can be a very good way for a company to finance a large purchase. The everyday costs that are associated with running a business can be draining enough on a company’s finances. Therefore they may not have the cash on hand to pay for larger purchases. If this prevents them from obtaining a very important piece of equipment or something necessary to run their business, this can be a huge problem. Purchase order financing is one way to solve this problem. (More)

Web Invoicing - Do You Need It?
Do you need web invoicing? That is a question that you need to answer especially if you’re maintaining an online business. EBills are already part of the lives of businesses and even homeowners. Every month, businesses and homeowners receive utility bills. (More)

Accounting Terms - Explore Aging of Accounts Receivable
Considering accounting terms, aging of accounts receivable might seem confusing and unclear from the first glance. However this term is not so sophisticated and this article will explain it in the easy way. (More)

Accounting Basics - The Essence of Accounts Payable
While learning accounting basics you need to understand different accounting concepts. One of them is accounts payable, which is explained in this article and supported by practical examples for better understanding. (More)

Part Time Bookkeeping For Small Businesses
There are a large number of things that make a business successful and all must consistently perform and/or function well in order for a business to thrive. One of the most crucial aspects of a succes… (More)

This newsletter is provided by AccountingHelper.org.

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (10/21/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

Auditor-General finds improved preparation of financial statements
PUTRAJAYA: There was an improvement in the preparation of financial statements by the federal and state governments as well as federal statutory bodies last year, according to a statement by the Natio… (More)

Scene is set for wave of M&A in European financial services, says PwC
The first half of 2009 saw extremely low levels of European financial services M&A activity, but an increase in deal activity is on the cards as we move into 2010, according to Nick Page, partner at P… (More)

Pixily’s Document Management Service Now Available in the Intuit App Center
The Intuit App Center provides QuickBooks Pro and Premier 2010 users with access to scalable, Software-as-a-Service business applications that makes it easy for small and mid-sized businesses to find the right application to solve their business problems. (More)

Madoff Investors Sue KPMG and Major Banks
Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG , JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said. (More)

Venture capital investing increases in Dallas, Texas, U.S.
It looks like investments in young companies are beginning to flow again, but venture capitalists remain cautious. (More)

AAM issues “call for speakers” for 2010 conference
The Association for Accounting Marketing, which will will be celebrating 21 years of service at the 2010 Annual Summit: Building Strong Foundations for Firm Success, is inviting CPAs and CPA firm marketing directors and advisers to submit applications to speak at the annual connference. “By presenting at the Summit,” AAM says, “you’ll have the opportunity to [...] (More)

Accounting Articles

Accounting CRM Software - Why You Must Prefer Open Source
Implementing Accounting CRM Software in the company is a challenging task. You need to consider many factors including price, feasibility and cost involved in hiring and training the staff for new software. You also need be very smart while selecting the type of CRM. (More)

Discover How Factoring Invoices Can Improve Your Net Profit
Is your business ready to think outside the bank? Discover alternatives ways to raise working capital, improve cash flow and grow your business out of the recession. (More)

The Purpose of Accounting
Accounting is a way of recording, analyzing, and summarizing transactions of a business. The transactions are recorded in “books of prime entry”. The transactions are than analyzed and posted to the ledger. Finally the transactions are summarized in the financial statements (More)

Forensic Accounting: So Much More than the Numbers
Forensic accountants are one part CPA and two parts Sherlock Holmes with a splash of Perry Mason. Many wonder why a forensic accounting firm needs to be retained. While most forensic accountants are C… (More)

Take the Headache Out of Accounting and Book Keeping With the Right Software
Accounting and book keeping are an important part of any business. When it comes to keeping track of finances, there are many people who use less than average personal finance tools or manual book … (More)

This newsletter is provided by AccountingHelper.org.

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (10/14/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

One Week to go as ALIA Announces Official Auditor
With just a week to go until the 2009 Australian Liquor Industry Awards (ALIA), it has been announced today that for the first time in the eventâ??s history all results have been scruitinised by an o… (More)

RCom another Satyam in making Independent Auditor alleges massive fudging of revenues
In a serious setback to Reliance Communications (RCom), the independent auditing agency appointed by the DoT, today alleged that the ADAG owned company indulged in massive over reporting and manipulat… (More)

Auditor Testifies against Deyaar’s Former Officials
(Khaleej Times - McClatchy-Tribune Information Services via COMTEX) — An expert, who audited Deyaar accounts and books, on Tuesday testified in court that three former top officials of the government… (More)

Insurance industry gets blowback after report attacks health-care bills
In the health care reform debate, where playing nice has been the rule, a scathing insurance industry report looked to critics Monday like a grenade aimed at scuttling progress in Congress. (More)

Accounting Loses 6,000 Jobs in August
Industry headcount stands at 928,300. Today’s U.S. employment report, which showed another month of a so-called “jobless recovery,” also signaled deeper problems for the accounting and bookkeeping sector. The Bureau of Labor Statistics reported a seasonally-adjusted decline in staffing by 6,000 positions, to 928,300 in August. Coupled with downwardly revised figures since May, it represents the fourth [...] (More)

Accounting Articles

Accounting Service - The Importance of Accounting Service For Businesses
In the tough times today, it is getting more competitive in the world of business. Recession and stiff competition pushes companies to perform at their optimal level in order to succeed. Recession has caused many consumers to tighten their wallets and companies need to do a great job in order to get people to buy their product or service. (More)

Why You Need an Accounting Program If You Are Starting Your Business
When you first start your business, there are many things for you to worry about, such as sales, marketing, operation, etc. Sometimes, it is very frustrating and exhausting to handle your payroll and accounting by yourself. With a good accounting program, you can spend more time on your business. (More)

Finance Accounting - Tips on How to Do It
Dealing with finances can be extremely tedious and nerve racking since you have to be as accurate as possible. It can be extremely difficult especially if working with numbers is not your favorite pastime. You have to be cautious and ensure that the smallest details have to be double checked. (More)

Important Things to Note before Buying an Accounting Program
Today, there are many different types of accounting software program in the market. You can find an accounting program easily these days, either by purchasing online or through an accounting software … (More)

This newsletter is provided by AccountingHelper.org.

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (10/8/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

KPMG survey claims expanding Irish R&D Tax Credits can trigger employment gains or maybe not
KPMG survey claims expanding Irish R&D Tax Credits can trigger employment gains or maybe not By Finfacts Team Oct 8, 2009 - 7:13:23 AM > (More)

FASB, IASB News Roundup Sept. 24, 2009-Oct. 7, 2009
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)

Costco auditor accused of felony theft, forgery
King County prosecutors filed felony theft and forgery charges last week against a former Costco Wholesale auditor, accusing him of more than $60,000 in travel expense fraud. Anthony Toliver allegedly… (More)

AAM issues “call for speakers” for 2010 conference
The Association for Accounting Marketing, which will will be celebrating 21 years of service at the 2010 Annual Summit: Building Strong Foundations for Firm Success, is inviting CPAs and CPA firm marketing directors and advisers to submit applications to speak at the annual connference. “By presenting at the Summit,” AAM says, “you’ll have the opportunity to [...] (More)

Accounting Loses 6,000 Jobs in August
Industry headcount stands at 928,300. Today’s U.S. employment report, which showed another month of a so-called “jobless recovery,” also signaled deeper problems for the accounting and bookkeeping sector. The Bureau of Labor Statistics reported a seasonally-adjusted decline in staffing by 6,000 positions, to 928,300 in August. Coupled with downwardly revised figures since May, it represents the fourth [...] (More)

Accounting Articles

Business Banking - Finding a Bank and a Bank Account
Running a business is rarely a walk in the park. A great deal of dedication and a can do attitude are both essential should the company prove to be successful. (More)

Four Steps to Finding the Right Accounting Software
Another tax season is nearly upon us and most businesses are hard at work gathering their financial information for this annual governmental ritual. The hassle of reviewing bank statements or pulling checks and receipts is just that - a big hassle. You, as a business owner or manager, have bigger fish to fry and compliance may not seem that important, but the fear of governmental reprisal is a motivator. If the arduous process of gathering the financial information is just beginning in your organization, so begin the annual promises of being more organized next year. This yearly exercise in stress management is a signal that it’s time to obtain an accounting solution which actually meets the needs of the business. Like anything else in business, finding the answer to a problem is fairly simple as long as a process is followed. The information contained in the article assists you with these steps and help keep the promises being made for next year. (More)

How to Use Source Documents in Accounting
What are source documents? Source documents are the documents which provide accounting information. (More)

Payroll Services Is Mostly Outsourced in UK for Accuracy and Timeliness
This is a fact that many companies hesitate to increase their work force only due to the fear of managing complex payroll systems of increased workforce. Irrespective of the size of the business, e… (More)

Chartered Accountants India
For most individuals, a Chartered Accountant in India is something that they feel they only want once a year when they are managing their taxations, if then - but the truth of the matter is that an In… (More)

This newsletter is provided by AccountingHelper.org.

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (10/2/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

Virginia CPA firm provides $50,000 to establish scholarship
Murray, Jonson, White & Associates . The $50,000 named scholarship from Murray, Jonson, White & Associates will be established in conjunction with the firm’s 50th anniversary in 2009. The Mu… (More)

SEC mulls further measures against naked short sales amid criticism from lawmakers
The SEC once again tackled naked short selling issues as a panel of experts at its “roundtable” on short selling looked at a possible requirement to pre-borrow shares before selling them s… (More)

IRS issues guidance on 2009 required minimum distribution waiver
The Internal Revenue Service has issued guidance for retirement plan administrators, plan participants and retirees regarding recent legislation affecting required minimum distributions. The Worker, R… (More)

QuickBooks 2010 For Mac Makes It Easier To Save Time, Make Money And Get Paid
QuickBooks 2010 for Mac gives small business owners powerful new tools to help them be more productive and profitable with the simplicity they expect from a Mac product. (More)

Staffs shrink by 7% at NY’s top 25 CPA firms
The number of New York-area professionals at the region’s top 25 accounting firms fell by 1,929 people, or 7%, versus year-earlier levels. The latest Crain’s list of the 25 largest accounting firms in the New York metropolitan area shows the firms together employing more than 23,000 professionals as of June 30. Overall, only nine accounting firms saw [...] (More)

Accounting Articles

3 Reasons Why Accountants And CPA’s Ought To Outsource Their Late-Paying Receivables To A Debt Collection Agency
CPA’s and accounting organizations offer very key and valuable services to all size organizations. Small business owners, as well as major companies and corporations, depend on their skill and experti… (More)

Invoicing and Cash Flow
If you “fell into” a certain method of invoicing when you first started your company, you may be surprised to learn that making a deliberate, pragmatic change today could affect your whole business model and cash flow for the better. But to use invoicing to your advantage, you’ll first have to examine how your cash is currently “flowing”. Here’s a quick primer. (More)

Invoice Processing Software - Major Business Benefits
According to IBM, Gartner and Aberdeen Group, between 75-80% of invoices in any business or organisation, are still processed manually - despite the advent of Electronic Data Interchange (EDI). These days, sophisticated invoice processing solutions are available to cut a swathe through the time and costs involved in handling supplier payments and to enhance business workflow. (More)

Finance Report- Tips On How To Write One
Your finance report is basically your history of how you borrow money. There are credit agencies that gather, maintain, update and share this information. The information on your report can make the d… (More)

This newsletter is provided by AccountingHelper.org.