News

PDI's New Estate Planning Guide Now Available

Cost Effective Marketing Tool Covers New Tax Laws, Presents Key Estate Planning Strategies and Helps Build Profitable Client Relationships. Chicago – Practice Development Institute, Inc.’s (PDI’s) Selecting the Best Estate Planning Strategies guide, updated to reflect the Economic Growth and Tax Relief Reconciliation Act of 2001, is now available.

Intacct Offers Real-time Financial Business Intelligence

Intacct® Accounting Offers the First Integrated Online Financial Analysis Application. Intacct Corporation, the leading provider of online professional accounting solutions, will today introduce its new online financial analysis application at the 2001 ICPAS Business & Technology Solutions Show in Rosemont, Ill.

AccountingWEB Weekly News Wrap-Up - Issue 110

AccountingWEB Weekly News Wrap-Up - Issue 110August 31, 2001This Newswire Sponsored by:EPS SoftwareTHIS WEEK'S NEWS FROM ACCOUNTINGWEB1. H&R Block Inks Mega-Deal with AOL2. Michigan CPAs Give Thumbs Up to Global Credential3. Trend: Firms Ban Use of Hand-Held Phones in Vehicles4. KPMG Picks Up PricewaterhouseCoopers' Pieces5. 401(k) Tax Deferrals May Backfire6.

Dixie Chicks Accuse Sony of Fraudulent Accounting

Country singers, the Dixie Chicks, have filed a lawsuit against their recording company, Sony Corp., alleging "fraudulent accounting gimmicks" that cheated the group out of approximately $4 million.The singing group paid for an audit of their royalty account at Sony, although the name of the firm or people performing the audit has not been released.In the lawsuit, which was filed in New York federal court, the group claims that Sony underreported sales figures and overc

The Basis of Business Survival

by Rod Johnson of AMR ResearchThis article is excerpted from an article that originally appeared on our sister site, www.crm-forum.com"As long as repeat business is important, and as long as customers have a choice to go somewhere else, companies must deliver the highest levels of customer satisfaction in order to stay in business." This simple-yet-powerful observation by University of Michigan Business School Professor Claes Fornell, one of the world's leading experts on customer satisfaction measurement, ri
Technology

H&R Block Inks Mega-Deal with AOL

H&R Block, tax preparer to the nation, has signed a three-year agreement with AOL Time Warner to be the exclusive promoter of tax services to subscribers of America Online, CompuServe, Netscape.com, and MONEY.com.
Technology

Amazon.com Breaks Ground in PC Marketplace

As part of its ongoing attempt to turn a profit, online bookseller Amazon.com has announced plans to venture into online computer sales, partnering with Ingram Micro Inc., the number one distributor of computer products.Visitors to Amazon.com will see a new tab at the top of the page promoting the computer services.

Michigan CPAs Give Thumbs Up to Global Credential

The board of directors of the Michigan Association of Certified Public Accountants recently voted to support the AICPA's proposed global business credential, tentatively referred to as "XYZ." The proposed credential is expected to be voted on by the entire AICPA membership later this year.Last week, Kathy Eddy, chairman of the AICPA, participated in an open forum at AccountingWEB to explain the global credential and answer some questions on the topic.Previously, CPA societies from New York, Illinois, and

Deloitte Report Exposes Manipulation of London Tube Figures

Following a court hearing on Friday, August 24, Transport for London has published a Deloitte & Touche report that criticized the British government's plans for London Underground, according to our sister site, AccountingWEB-UK.London mayor Ken Livingstone and Transport for London commissioner Bob Kiley have used every possible means at their disposal to avoid being forced to fund improvement's to the capital
Practice Management

Trend: Firms Ban Use of Hand-Held Phones in Vehicles

A wrongful death lawsuit was filed against a Washington, D.C. law firm after one of the firm's lawyers hit and killed a pedestrian while driving and talking on a cell phone.A broker for Salomon Smith Barney ran a red light and killed a motorcyclist while trying to retrieve a dropped cell phone. The firm settled a lawsuit related to the matter for $500,000."The recent lawsuit focused our attention," said David Fuss, partner at Washington, D.C. law firm Wilkes Artis.
A&A

Small Business Resource Guide Available for Free

The IRS and the U.S. Small Business Administration have pooled their resources and created a CD full of information that will help small businesses understand their federal tax requirements as well as providing other essential business information.The CD contains start-up information for new small businesses and valuable information from a variety of government agencies, non-profit organizations, and educational institutions, including the U.S. Department of Labor, the U.S. Social Security Administration, the U.S.

Accounting System Probed in Native American Land Claim

The U.S. Federal Government has commissioned an external review of the accounting system used to track royalties from native American lands that are the subject of a $10 billion lawsuit.According to press reports, Interior Secretary Gale A. Norton ordered an outside appraisal of the $40 million accounting system after it was criticized by a court-appointed investigator. The investigator concluded that the system "may not be salvageable" and suggested that officials may have misled the court when they claimed that the accounts system was nearly operational.U.S. District Judge Royce C.
A&A

When is The Right Time to Refinance a Mortgage?

Article contributed by; Peter Marino, Green Street Financial Group, Inc. and Member of the National Network of Accountants' Preferred Provider Network.Since January the Federal Reserve has cut short-term rates by 2.75%, however mortgage rates have gone slightly higher than they were prior to the cuts. Determining whether or not to refinance an existing mortgage takes more than just watching the continuous roller coaster fluctuations of interest rates.
Community News

KPMG Picks Up PricewaterhouseCoopers' Pieces

In the latest of a series of divestitures of smaller U.S. offices, Big Five firm PricewaterhouseCoopers has announced a tentative agreement to sell its Virginia Beach, Virginia, practice to rival KPMG. It is expected that all 30 employees of this office will join KPMG.
Community News

PwC Withdraws Job Offers for New Graduates

Citing the current economic climate and a constant need to assess the mix of skills needed by clients, the London office of Big Five firm PricewaterhouseCoopers has withdrawn its offers of employment to 78 of 180 graduates who planned on starting with the firm this fall.The ousted employees will receive two months' pay in addition to their walking papers.A spokeswoman for PwC said," We are trying to manage our intake of new staff appropriately so when someone does join us, they will have m
Technology

Tomorrow's Software Presents 'CPA's Dream Tool'

PRESS RELEASEILLINOIS CPA SOCIETY 2001 BUSINESS & TECHNOLOGY SOLUTIONS SHOWCHICAGO, ILAugust, 28, 2001-Tomorrow's Software, Inc., a developer and marketer of knowledge base reporting software providing value-added tools for CPAs, consulting firms and businesses, introduces a redesigned and enhanced edition of Fingraph® CPAnalyst at the Illinois CPA Society Annual Conference this week.

How To Use Resumes to Effectively Evaluate Applicants

How To Use Resumes to Effectively Evaluate ApplicantsPresented by Robbie KaplanSure-Hire ResumesContact SHResumes@aol.comTuesday, August 28, 2001Visit the AccountingWEB Workshop Calendar for upcoming sessions.SummaryYou can read the complete transcript of this workshop.If you are having difficulty hiring qualified applicants, the culprit ma
A&A

401(k) Tax Deferrals May Backfire

An interesting study released by the National Bureau of Economic Research, demonstrates how 401(k) funds set aside for retirement and tax deferred when earned, may end up actually costing the investors more in tax dollars than if the funds were taxed at the time they were earned.Low- and middle-income workers might be most victimized by a potential retirement scenario in which income from mandatory withdrawals from a 401(k) plan pushes the taxpayer into a higher tax bracket, raising the marginal tax rate and potentially
Technology

Intacct Offers Real-time Financial Business Intelligence

PRESS RELEASEAugust 28, 2001 (Los Gatos, Calif.)—Intacct Corporation, the leading provider of on-line professional accounting solutions, will introduce its new on-line financial analysis application today at the 2001 ICPAS Business & Technology Solutions Show in Rosemont, IL. The application, called Intacct Financial Analysis (IFA), will provide CPAs and other financial professionals with the ability to analyze and identify a client company’s financial strengths and weaknesses based on real-time corporate financial data.

AccountingWEB Weekly Resource Guide - Issue 15

AccountingWEB Weekly Resource Guide - Issue 15August 27 - 31, 2001ACCOUNTINGWEB'S WEEKLY FEATURED RESOURCES1. Workshop: How to Use Resumes to Effectively Evaluate Applicants2. Workshop: Mentoring Process for CPAs3. Generating a Higher Return From Your Web Site4. AICPA Forum - The Proposed Global Credential5. E-Business, Increasing Your Value to Your Clients6. Building a Successful Technology Team7. Become a QuickBooks ProAdvisor!8. Stealth Tax Increases End Eventually9.

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