A&A news December 2007

A&A

FEI CEO's 2008 Top challenges for financial executives

As financial executives of both public and private companies absorb the events and happenings of 2007 and look ahead at what's in store for them in 2008, FEI CEO and President Michael P. Cangemi has compiled the following list of the Top Challenges for 2008 - in no particular order:Fair Value/Subprime Market Crisis/Derivatives. Financial Accounting Standards Board (FASB) Statement of Financial Accounting Standard 157, Fair Value Measurement, was originally required to be adopted for financial statements for fiscal years beginning after Nov.
A&A

Small business forecast for 2008

For over 80 years now, the Kiplinger organization has been providing insights into business forecasting and finance. Kiplinger was actually founded in 1920 by W.M. Kiplinger and in 1923, The Kiplinger Letter was launched and the company began producing the nation’s first newsletter. Our featured guest in this episode of Small Business Trends Radio is Matthew Mogul, Associate Editor of Kiplinger Business Forecast. Matthew provides business insights for the coming year and discusses a variety of issues that may have an effect on small businesses.
A&A

Reducing float for fun and profit

If you're running a small business, especially one that is growing, then chances are you are broke all the time.The cash float problem that occurs during business growth is a mathematical rational reality that is easy to understand, but still punches you in the gut from time to time. Simply put, if you are in a position—as most of us are—where you must pay to create something before you sell it, and your customer pays you 45 days later or so, then you have a period of time of at least 45 days (usually more) where you have spent money that you aren’t getting back.
Technology

Budgeting trends help SMBs and SMEs thwart headaches

The two most common budgeting and forecasting headaches experienced by CFOs and finance executives at small and midsized businesses are gaining buy-in from other managers in the company and using Microsoft Excel spreadsheets, according to a recent study performed by Centage Corp. and the Institute of Management & Administration (IOMA).
A&A

Survey says 40 percent of networks at SMBs are not secure

Despite having anti-virus and anti-spam software as well as a firewall installed, four in 10 small and medium sized companies in the United States still do not believe their networks are secure, a new survey shows.In a poll of 455 IT executives for U.S. SMBs, 42 percent said their networks were not secure, even though 96 percent and 93 percent of respondents respectively said they had anti-virus and a firewall installed. Eighty percent said they also used spam filtering.
A&A

SEC authorizes one-year SOX 404(b) extension for SMBs

The U.S. Securities and Exchange Commission has agreed to provide small businesses with an additional one year extension to comply with Sarbanes-Oxley Section 404(b) internal control requirements.
Technology

AICPA tax veep to participate in live small business tax Web chat

AICPA Vice President of Taxation Thomas P. Ochsenschlager will answer questions Thursday, December 20, from 1:00 p.m.
A&A

Growing your small business with project management

By Michelle LaBrosseIf you think Project Management is only for the big guys, think again. Project Management is a powerful business tool for businesses of any size. And as any small business person will tell you, effectiveness and efficiency is never about size. It's about working smart.Improve Performance with Process

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