Accounting Newsletter (12/20/2009)

Dear AccountingHelper.org Readers,

Welcome to the Accounting Newsletter (12/20/2009). In this edition we have included news, articles and videos. You can find more resources on our website: AccountingHelper.org.

Accounting News

Audit finds Afghan anticorruption unit ineffective
WASHINGTON (AP) – A U.S. government watchdog says the organization created to spearhead Afghanistan’s battle against corruption has too little authority, independence and personnel to be effective… (More)

Average Showing, Opposition Demands Proper Auditing
From Abiodun Fagbemi Ilorin THE highpoint of the year 2009 budget in Kwara State, during its presentation by Governor Dr Bukola Saraki, to the legislature in December 2008, was its desire to build a p… (More)

Public-sector cutbacks could throttle Scottish recovery, warns E&Y
THE biggest cloud on the horizon for Scotland’s economy next year will be the impact of public-sector cuts on industry, experts have warned. Scotland has a disproportionately large public sector and r… (More)

Fee for itemized 1040 to average $229 in 2010, up 10% in past two years
National Society of Accountants calls prices “affordable.” The National Society of Accountants biennial survey of nearly 8,000 tax preparers shows the average tax preparation fee for an itemized Form 1040 with Schedule A and a state tax return is $229. Rates for non-itemized returns are also “low” – the average cost to prepare a Form 1040 and [...] (More)

Aldebaron Releases Electronic Timesheet Application for Federal Government Contractors
Aldebaron, developers of high-value, government-contract-compliant cost accounting software, today announced the general availability of SYMPAQ eTs, an electronic timekeeping system that is fully integrated with SYMPAQ SQL, the company’s cost accounting software. (More)

CPA firms are anticipating a happier new year.
IOMA forecasts some margin relief in 2010 for accounting firms. “Many firms and owners are anticipating higher revenues and have taken steps to adapt to the economic environment so that growth can continue or resume. Some of the steps include identifying new opportunities, adjusting marketing and billing practices, and refocusing strategies and goals,” , according to [...] (More)

Accounting Articles

The Unbeatable Benefits of Outsourcing Your Accounting Needs
Have you ever seen a business running without an accounting system? I bet there is none otherwise the business is doomed to fail. Every business from small home based venture to major corporations has accounting needs because it is the barometer of every business. (More)

Competent Professionals Are a Definite Need
Each and every firm or organization wishes to maintain an efficient and resourceful bookkeeping section. Despite that, finding and selecting expert bookkeepers is quite a complicated task for all the business owners. (More)

Advantages of Online Small Business Bookkeeping Services
Big and small sized companies have the resources to form an interior accounting section to do the books, which gives management sufficient time to do the further significant fractions of business … (More)

Choosing a Book Keeping Service
Book keeping is a task that is most accurately accomplished when completed on a daily basis. A successful business relies on the keeping being done accurately and timely. It is best to leave the detai… (More)

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