News

Community News

Accenture Partners Vote 'Yes' to IPO

The underwriters Goldman, Sachs & Co. and Morgan Stanley will handle the initial public offering for Accenture, the firm formerly known as Andersen Consulting.

How to Avoid Sexual Harassment Liability

Sexual Harassment: When Employers Might Be Liable and How They Can Avoid LiabilityPresented by Dr. Steven Abraham,Associate Professor, Department of Management and Marketing, State University of New York at OswegoContact Dr. Abraham at abraham@oswego.eduThursday, April 19, 2001Visit the AccountingWEB Workshop Calendar for upcoming sessions.SummaryDr.
Community News

Shake-Up at Accenture As IPO Plans Move Forward

Partners of Accenture will meet this week to decide, among other things, whether or not to launch a partial IPO of the world's largest global consulting firm.Under consideration at the meeting will be the timing of the IPO and the proportion of the company that should be included in the float.

Intuit Acquires Tax & Accounting Software Corp.

On Tuesday, Intuit announced it has signed an agreement to acquire the privately held Tax and Accounting Software Corporation (TAASC) for $63 million. With the acquisition of TAASC, Intuit said it will add TAASC's accounting products--software that allows accountants to prepare financial statements and forms--to its existing line of Lacerte and ProSeries financial software.
Tax

Ready, Aim, Fire: Shootists Target IRS

Taking out their aggression toward the high taxes they have to pay, about 75 people paid $2 per bullet to enjoy a little target practice by shooting at IRS tax forms.The event was sponsored by the Michigan Militia and its Wayne County brigade and was held on a remote farm in Shiawassee County, Michigan.
Tax

Pennsylvanians Get Two Extra Days to File Taxes

The Pennsylvania Department of Revenue is big on e-filing. So, the agency encouraged residents to use the state's Web site to e-file tax returns this year. And e-file they did. In droves. So many people exercised their option to e-file tax returns with the Pennsylvania Department of Revenue that the state's computers couldn't handle the traffic.
Practice Management

PwC Launches New Insurance Digest

PricewaterhouseCoopers has announced the launch of Americas Insurance Digest, a new publication in which PwC partners discuss key issues in the insurance industry.The first issue includes the following topics:Closing the Information Gap - current trends in business reporting beyond the traditional accounting framework.Tomorrow's Leading Non-Life Insurer - optimal business models for survival and success in the 21st century.A Matter of Privacy - key issues that senior executives should consider in developing a privacy program that will meet legislative requirements

Texas CPAs Threaten to Disavow National Licensing

In a letter sent by the Texas State Board of Public Accountancy, the licensing agency for CPAs in Texas, to Kathy Eddy, chair of the AICPA, the Texas group voiced its complaints about plans to administer the national CPA exam through a group called Prometrics, a subsidiary of the Thomson Corporation.The Thomson Corporation has reportedly combined with Microsoft to invest $50 million in the AICPA's yet-to-be-disclos

Who Should be Involved in Business Development?

This article provided by Allan S. Boress, CPA, CFE of Allan S. Boress & Associates A fellow recently approached me at a conference I was speaking at and asked me about whom in their firm should be involved in practice development. It was his opinion that only a handful should participate, whereas I mentioned that everyone should be included.
Tax

Tax Writer Wins Pulitzer Prize

New York Times business writer, David Cay Johnston, has won the Pulitzer Prize award in journalism for his distinguished beat reporting.Mr. Johnston covers taxes and the IRS, and won the prize for, "penetrating and enterprising reporting that exposed loopholes and inequities in the U.S. tax code, which was instrumental in bringing about reforms." In the past year, Mr. Johnston has shown how, in 1999, the poor were for the first time more likely to have their tax returns audited than wealthy taxpayers.
AccountingWEB Life

Clean Up Your Workspace After Busy Season

Now that the busy season for accountants can be spoken of the past tense, many offices and desks look like they just barely survived a tornado. If your workspace could use a dose of spring cleaning, here are some quick tips for getting cleaned up and organized. 
Technology

2001 Accounting Software Buyer's Guide

Below is an extensive list of the latest accounting software packages for any type of business. The 2001 Accounting Software Buyer's Guide offers the following information:High-End Accounting Software Vendors - Search the high-end packages that generally target companies with revenues over $100 million.
Practice Management

Enterprise Risk Management - Keys to Success

Your firm may be covered in the event of theft, fire or flood, but that is not enough in the business world today.

More Excel Tips with Gail Perry

More Excel Tips!Presented by: Gail Perry, CPA,Managing Editor of AccountingWEB and author of Excel 2000 Answers!January 12, 2001Visit the AccountingWEB Workshop Calendar for upcoming workshop sessions.SummaryHere are some of the quick tips discussed in Gail's Excel workshop on January 12, 2001.
Technology

View Outlook Inbox and Calendar at the Same Time

Would it be useful for you to be able to view both your Outlook calendar and inbox at the same time? Instead of clicking back and forth between the two, you can open them side-by-side for easier access and viewing. To enable this tip follow the four steps below:Close all other programs. Click Inbox on the Outlook Folder List to display the Inbox. (If the Folder List is not displayed, choose Folder List from the View menu.) Right-click Calendar on the Folder List, and then click Open in New Window on the shortcut menu.

AICPA Soliciting Your Response on Revised CPE Standards

The AICPA has published a revised exposure draft setting out standards for continuing professional education.
Technology

Dot-Pro Nearly Ready to Go

CPAs, lawyers, and doctors who want to distinguish themselves with a professional web presence will soon have the opportunity to acquire .pro Internet domains. The .pro domain option was approved last fall, along with six other new registries, by the Internet Corporation for Assigned Names and Numbers (ICANN). The .pro domain designation will be available only to licensed professionals who can prove their professional status.
Tax

Tax Tip: Credit For the Elderly Or the Disabled

You may be able to take the Credit for the Elderly or the Disabled if you are age 65 or older, or if you are retired on permanent and total disability, according to the IRS. Like any other tax credit, it's a dollar-for-dollar reduction of your tax bill.

AccountingWEB Weekly News Wrap-Up - Issue 90

AccountingWEB Weekly News Wrap-Up - Issue 90April 13, 2001This Newswire Sponsored by: MacolaThis Week's News From AccountingWEB1. PwC to Lay Off Eight Percent of Workforce2. IRS Discusses Payment Options as Deadline Nears3. Centerprise Appoints Michael Berent COO4. Is Deloitte Selling its Consultancy Business?5. Buggy Tax Software-Top 15 Problems6. More Excel Tips from AccountingWEB!7.
Community News

PwC Celebrates after Elton John Loses Court Claim

PricewaterhouseCoopers emerged with its reputation and bank account intact after singing knight Sir Elton John's multi-million dollar claim against the firm was dismissed by the High Court in England.KPMG was also involved in the claim as the firm Elton John turned to in 1998 when he ditched his then manager John Reid and their mutual accountant Price Waterhouse.When the public got wind of a discarded memo discovered in the Price Waterhouse trash bins alluding to allegations that the flambouyant singer was living beyond his means, the singer was convinced that he was justified in

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