A&A news

A&A

SBA Launches Online Women's Business Center

Small Business Administration Administrator Aida Alvarez has announced that the award-winning Online Women’s Business Center has a new look and a new address on the Internet. The free, interactive entrepreneurial Web site, formerly managed by a grantee, will now be managed directly by the SBA’s Office of Women’s Business Ownership."The Online Women’s Business Center, which we launched just three years ago this month, has become the premier training site for women entrepreneurs worldwide," said Ms. Alvarez.
A&A

CFO Magazine Accepting Nominations for 'Excellence Awards'

The 2001 CFO Excellence Awards, sponsored by CFO Publishing Corporation and Arthur Andersen, offer public and private companies the opportunity to bring a new level of visibility and recognition to their finance teams, says Mary Driscoll, president of CFO Enterprises. Now CFOs from companies with annual revenues in excess of $300 million may apply, and the winners will be prominently featured in the October 2001 issue of CFO magazine.Completed applications for one or more of ten new categories, each designed to reflect the diverse nature of finance today, are due on April 30, 2001.
Tax

Small Biz Tax Relief: What's Cooking?

Self-employed individuals and small firms pay approximately $800 million in taxes that the federal government collects each year. Senator Christopher "Kit" Bond, Chairman of the Senate Committee on Small Business, wants to do something to relieve their tax burden.Bond today introduced the "Small Business Works Act of 2001," designed to complement the broad-based tax relief package proposed by President Bush."With an economy that appears to be slowing, small businesses are likely to be among the first affected.
Technology

Free Accounting-Related Downloads on the Web

ASPs. Online Accounting. Web-based filing.
A&A

Human Resources Projections for 2001

What’s ahead for HR and our workplaces? What will be our greatest challenges? Successes? What will leaders need to deal with in this new year and beyond?Hr.com and Worklife Design have compiled a list of projections for the coming year in the Human Resources arena. These issues are outlined below. The pace of change will increase. The World Future Society projects there will be more change in the next ten years than there has been in the past 200 years!Technology will expand the fastest. As long as we can find a phone line we can be connected to anybody, anywhere.
A&A

Providing Financial Services - Avoiding The Ten Traps

A few years ago, one of my clients decided to get into the lucrative business of financial services. After all, financial services companies have been competing with CPAs in the accounting and tax business for years. Partners selected one owner to become the financial services “guru” for the firm.
A&A

Salary Gap Between CFOs and CEOs Narrowing

A survey conducted by Maryland based Panel Publishers reveals that CFO compensation has been surging over the last four years in small to medium sized companies. The overall growth of CFO salaries at many of these companies reflects the economic expansion of the last few years. The survey also found an impressive rise in CFO stock option awards as a percentage of salary. Over the last four years, CFOs’ median total direct compensation as a percentage of what their CEOs earn rose 10 percent at the surveyed firms.
Practice Management

Using Industry Profiles to Improve Your Business, with Wil Brawley and Michelle Golden

Using Industry Profiles for Sales Call Preparation, Business Valuations, Audits and More!Presented by Wil BrawleyVice President of Marketing for First Research and Michelle Golden, President of Golden Marketing Resources
A&A

Plain-Paper Debate: Ins and Outs of new SSARS No. 8

The American Institute of CPAs has issued a new standard that could have an impact on CPAs in public practice and CPAs in industry who engage their services. Statement on Standards for Accounting and Review Services (SSARS) No. 8, which went into effect for financial statements issued after Dec.
A&A

The Best Cities to Start and Grow a Business. Top 100 List!

There is such a thing as fertile ground for start-ups. Some locations have just the right factors needed for the success of a particular business -- lots of available capital, a skilled labor pool, the enriching atmosphere created by universities, advanced transportation facilities, and good roads, not to mention the psychic rewards of great weather, and in one instance you'll read about here, proximity to the beach. Inc.
A&A

Human Resources IT Roadmap

Small-business owners and human resources managers who are shopping for information technology usually don't have the luxury of corporate-size budgets. But they still need software and systems powerful enough to handle today's complex HR demands and able to grow with their company's needs.For a growing number of businesses with one to 100 employees, the answer lies with application service providers (ASPs) and their Web-hosted business tools.
A&A

Study Reveals Accountants Want Job Flexibility, Training

A Kelly Financial Resources study reveals that finance and accounting professionals across the nation prefer flexible schedules or working as project consultants to the traditional workday.The study was the result of a survey of more than 1,000 finance and accounting professionals. Many of those surveyed indicated a plan to become self-employed or a business owner. The study noted that despite job satisfaction, loyalty and above-average incomes, financial workers are looking for some kind of change.
A&A

KPMG Consulting Cuts Number of Common Shares

The much-anticipated Initial Public Offering (IPO) for KPMG Consulting made the news again yesterday when the firm announced it would reduce the number of common shares that will be made available in the initial sale.The original number of shares was 367.1 million, and now the number is down to 354.6 million.
A&A

CFOs Stay With Employers Seven+ Years

How long do you think the tenure of a CFO is with any one employer?According to a new survey from RHI Management Resources the average length is seven years or longer.Of those responding, 41 percent said they stayed with their employers this amount of time. The survey was conducted among 1,400 CFOs working in companies with 20 or more employees."For accounting and finance professionals, achieving CFO status is a career apex," says Paul McDonald, executive director. "Tenure tends to be more established at this level.
A&A

Firms Receive Data Requests - SEC Steps Up IPO Probe!

The Wall Street Journal reports that securities regulators are stepping up efforts to investigate how Wall Street dealers allocate hot initial public stock offerings.In subpoenas sent to three major securities firms this week, including Goldman Sachs Group, Morgan Stanley Dean Witter and Bear Stearns, the SEC is seeking extensive records of any large stock-trading commissions received by the firms during the past two years, as well as lists of investors to whom the firms doled out IPOs.
Technology

HR Law Index - Website for Small to Medium Sized Businesses

Everyone turns to the Internet as a link to a fundamental source of information. However, there is so much information out there that it is very easy to get lost amidst the endless pages of information. A site dedicated to helping small to medium sized business with Human Resources issues has arrived. HR Law Index is promoted as a clearinghouse Website exclusively devoted to workplace legal information.
A&A

Biggest Budget Headaches for Accountants

The biggest frustration corporate accountants and financial executives face during the planning and budgeting process is a lack of time, according to a survey from Comshare, Inc.Thirty-nine percent of respondents said a shortage of time to adequately and accurately prepare budgets was the largest hindrance to the process.
A&A

A Fork in the Road for Financial Consultants

Financial consultants favor one of two work environments: the product-based company or the professional services firm.
A&A

401(k): Your Hidden Income Opportunity

401(k): Your Hidden Income OpportunityPresented by: Tom Palka, of RIA TechnologyThursday, December 07, 20004:00 - 5:00 p.m., Eastern TimeTopics for this workshop included: Retirement @ age 55 or later401(k) & IRA Treated differently – Rule 72T401(k) stock sales with Capital GainDivorce & QDRORetirement PlanningView the COMPLETE TRANSCRIPT!
A&A

FASB Changes Stance on Goodwill

The Financial Accounting Standards Board (FASB) yesterday changed a previous decision about the reporting of goodwill on financial statements. The new position will benefit companies making acquisitions of other companies.Currently, merging companies have an option to use a pooling-of-interests method of accounting, which combines the book values of both companies in the resulting merged company. The alternative purchase method of accounting requires the purchasing company to recognized the assets and liabilities of the acquired company at fair value.

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