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 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. 

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.

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.

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 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
Community News

Preventing Embezzlement -- Back to Basics

This article provided by Tim Anglim, CPA, CMA of the

Intacct Service Provides Financial Drill-Down Feature

PRESS RELEASEFOR IMMEDIATE RELEASEIntacct Web-based Accounting Service Provides Powerful Financial Drill-down Feature A drill-down tool, with features found only in complex and expensive accounting systems, gives Intacct users financial details in secondsApril 10, 2001 (Los Gatos, Calif.)—Intacct Corporation, the leading provider of professional-strength, web-based accounting and related online business services, today delivered financial drill-down power previously available only in high-end accounting systems.

Tax Tips for Last Minute Filers

With the tax filing deadline close at hand, the Internal Revenue Service offered some tips for those still working on their tax forms:Put your social security number on the return - it's not on the label. Double-check your figures. Sign your form.Attach all required schedules.Send your return or request a filing extension by April 16 -- April 17 for those in New England and New York State north of Westchester and Rockland counties.

PwC to Lay Off Eight Percent of Workforce

Remember when the term "lay off" meant a temporary hiatus, and eventually you would get your job back? Those days are gone. Get laid off today and you're looking for a new job. That's what is about to happen to approximately 750 to 1,000 consultancy workers at U.S.

Tax Software Found to be Buggy-Top 15 Problems

Are you having problems running your tax software this spring? If so, the problem may be with the software and not with you. MSNBC has uncovered the top 15 tax software problems that are affecting individual tax preparers this spring.TurboTax The tax computed by TurboTax software varies from the amount found in the tax tables.

CA Residents are Prime Targets for IRS Audits

For six years, Californians have been the most favored recipients of IRS audits, according to IRS statistics. Although audit rates have dropped nationwide over the last few years, California residents have not experienced the slow down.
Community News

Deloitte Reportedly Selling Consultancy Business

Deloitte & Touche is reportedly waiting for clearance from the Securities and Exchange Commission to sell off its consultancy businesses.The name of the prospective buyer is, at this point, a closely guarded secret.Deloitte & Touche is the last of the Big Five firms to hold on to its consultancy.