A&A news

A&A

Andersen and CFO Magazine Honor top Financial Officers

CFO magazine and Arthur Andersen, LLP have released the coveted list of the top CFOs.According to the magazine, those honored 'has broken through the traditional boundaries of finance, creating value in innovative ways, and delivering it on a consistent basis.'Winners and their categories include: Larry Kellner of Continental Airlines for Information/Knowledge Management; Larry Carter of Cisco Systems Inc.
Technology

EY's new Webcasts Target Entrepreneurs

A new effort by Ernst & Young to reach 35,000 entrepreneurs is designed to promote the firm's new 'Excelerate To Win' program.EY has partnered with various content providers to present a series of Webcasts called 'Winning Strategies for Fast-Paced Ventures.' The first broadcast, 'Protecting Your Intellectual Property' will be held Oct. 24 on the firm's Web site, with five more scheduled each Tuesday following the initial broadcast.The firm hopes this new strategic program will help businesses grow for the long term.
A&A

Refresher on Tax Deductions for Small Business

Most tax professionals advise their clients who own small businesses that they are much more likely to be audited by the Internal Revenue Service than anyone who is employed by another company.
A&A

Chevron/Texaco Merger Requires Sell-off

The oil and energy industry was rocked with the news of the $100 billion merger between Chevron and Texaco.However, if the merger actually were to go through, analysts predict that Texaco will have to sell off its partnership with the Royal Dutch/Shell Group in the western United States before the deal can be finalized.Why?
A&A

Subsidiary of Business 2.0 Parent Overstated Sales

Business 2.0, a popular San Francisco-based magazine and technology think tank that has been successful in predicting the next wave to hit the New Economy, may have suffered more than just a temporary setback thanks to a subsidiary of its parent company, The Future Network Plc.Future Network is based in Great Britain, but a subsidiary called Future France SA is the cause of the problem.
A&A

How to Choose the Best Credit Card

This time of year, our mailboxes are overflowing with seemingly attractive credit card offers, and while many state CPA societies and the AICPA also offer credit card affinity programs, how do you begin to determine which card to choose and with which bank to affiliate?According to Smart Money magazine, the way to determine the best deal is to figure out how much a card really costs you.
Tax

Bush or Gore? Will the real Front Runner Step Up?

An independent national survey commissioned by inc.com suggests that Governor George Bush may be the present front-runner among small-business owners. The results show that the major worries of small-business owners are taxes, health insurance, and government regulations.The survey suggests that nearly 50 percent of respondents lean toward Governor Bush in the November election, whereas approximately 30 percent are partial to Vice President Al Gore.
A&A

Bill May Recover Billions in Tax Dollars

There are approximately 2 million business owners across the country who, over the years, have withheld payroll taxes from employees and then failed to turn the money over to the federal government.
A&A

ASP Industry Reaches Another Milestone

As if to illustrate the massive growth in the application service provider market this year, the Application Service Provider Industry Consortium has just reached its 650-member milestone - a mere 16 months after its inception.The 650th member to join the consortium was a California-based company, Voci, which specializes in ASP speech-recognition solutions.The ASP Industry Consortium promotes the industry by sponsoring research and advocating for best practices.
A&A

The Great Entrepreneur Quiz

Do you have the entrepreneurial spirit? Take this sample quiz based on Radicals and Visionaries, "Entrepreneurs Who Revolutionized the 20th Century" published by Entrepreneur to test your knowledge of the success stories of the 20th century.Scroll to the bottom of the page for the answers:1. This pregnant housewife started a business at her kitchen table using for seed money cash she received as wedding gifts. To get around suppliers who refused to work with a woman, she set up her own light manufacturing facilities.
A&A

Teaching: A new and Obvious Role for CFOs

CFO magazine reports that CFOs are recognizing the need to educate others in the knowledge they have learned over the course of their careers.Although only a small percentage of CFOs are actually leaving the profession to teach in the classroom, there are a number of other ways to communicate the knowledge learned. Areas of CFO expertise include subjects like Internet financial models, and compensation and benefits. CFOs also can bring value-added questions to shareholder meetings.Why is this a trend now--all of a sudden?
A&A

Eight Tips on Security For the Home Worker

Telecommuting isn't a trend anymore; it's here to stay, and many of us are working from home rather than traveling each day to the office. While planning for other work-at-home requirements like office space, a computer, and plenty of snacks in the fridge, be sure to place protection right at the top of your list.
A&A

One More Small Business Portal: Netscape

Is there really room for one more small business portal? Established competition from Microsoft, Excite and Dow Jones isn't enough to scare executives at Netscape.The company has created 'Netscape Netbusiness' as a way to reach small businesses with less than 10 employees.One way Netscape plans to support the site is through advertising.
A&A

VCs Cautious in new Funding Schemes

If you have an old tie or skirt, chances are that tie or skirt will be back in style one day soon. The same holds true for venture capitalists who fund businesses. These angels are finding that they are returning to the old days of funding companies with a solid infrastructure versus the latest dot.com craze.The rules certainly have changed over the last six months--mostly since technology stocks took the famous nose-dive last spring.
A&A

Find out What You're Worth ($) at new Web site

How much should you get paid? Is the guy or gal in the next office making more than you are?Anyone can achieve leverage by discovering what they're really worth, and a new Web site called Salary.com makes the process a snap.
A&A

Fall Airline Fares Slashed Dramatically

In the wake of this summer's United Airlines' debacle of cancelled flights, delays and labor shortage, the world's largest airline has cut its fares by half for travel now through Dec. 14.As of Wednesday, at least seven other airlines matched United's fares.
A&A

Tax Relief in Sight after November Election?

Now that the estate tax bill has been defeated, legislators are looking to the November elections to solidify a stance on future tax reforms.According to Christopher 'Kit' Bond (R-MO), the fall election season is critical if Congress is going to move forward with any kind of tax relief because 'who' get elected has the largest effect on pushing forward any legislation that may make a difference.While November is viewed as the pinnacle for Congress, there will be some activity in the fall prior to the election.
A&A

12 Ways to Ease the Fear of Self-Investing

Even though we are accounting professionals and are used to dispensing advice, when it comes to self-investing--with our own money--it's a different story completely!Most anyone who invests on their own faces a society in which we're taught to trust someone else with our money. However, there are ways to combat the fear of investing and come out on top.
A&A

Fin. Exec. of the Year Nominations Open

Fiscal responsibility affecting cost savings, productivity and profitability are the attributes associated with the Financial Executive of the Year awards competition.Now in its fifth year, the awards are sponsored by Accountants on Call (AOC) and the Institute of Management Accountants.Both members and nonmembers of the IMA are encouraged to apply for the award; deadline for submitting nominations is Nov.
A&A

NetLedger and ADP Launch Online Payroll and Accounts

Accounting application service provider NetLedger has formed an alliance with payroll company Automatic Data Processing (ADP) to offer an integrated "one-stop" payroll and accounting service on the Web.EasyPayNet is available to customers of both companies and lets them automatically update their accounting records as their payroll is processed.

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