A&A news

A&A

'Super Stock Options' Attractive for Employer/Employee

The best of both worlds can be found in what it termed 'super stock options,' and legislation currently in the House of Representatives to approve such a measure.Super stock options are advantageous both for employer and employee. If it passes, employers can deduct the cost of the options when the employees exercise them.
Practice

Direct Mail that Grabs the Reader

The name junk mail is just that for a reason; because it’s junk. A company may have many wonderful things to inform you about but unless they grab you and give you a reason to read, you will find yourself dumping it without giving it a second glance. Don’t let this happen to your letter.Start by making sure you know your audience. Sometimes hitting the masses and hoping that your target it nestled somewhere within is not as effective as shaving down your list knowing full-well that these recipients are people who will be interested.
A&A

The new CFO: Beyond Salary and Benefits in a Start-Up

Jumping ship to a dotcom is commonplace in today's online marketplace, but in a time when jobs are plentiful, what is the real attraction to go work for one of these start-ups?It's certainly not salary - many salaries are below what typical CFOs and finance professionals have been paid. It's certainly not the stock options either.
A&A

A Humorous Look at a CFO's Top Duties

A recent story on AccountingWeb chronicled the rocky times at Microstrategy.As an aside, The Motley Fool is at it again. The online pundit of finance and business-related issues has observed the latest goings-on at Microstrategy, and developed a list of the top five new duties of the recently appointed CFO. They are (drum roll, please): 5.
Technology

Employers Who Read Employees’ E-Mail Face Risks

Employees have a right to e-mail privacy, as long as “there is a subjective expectation of privacy and that expectation is objectively reasonable,” or if the employee commits “an unreasonable intrusion upon the seclusion of another,” according to Dr. Steven Abraham, J.D., Ph.D., university professor, and legal advisor.
A&A

Decimals to Come to the Stock Exchange

Beginning August 28, 2000, you will start seeing securities listed with decimals instead of the traditional fractional reporting that has been available since the exchanges began.Decimal pricing will be phased in in a four step process through April 9, 2001, when all securities on all exchanges will be listed in decimal format.
A&A

XBRL Committee Releases Specs, Adds Members

Committee to Form International Organization to Position for Rapid Global Expansion and AdoptionThe XBRL Committee announced today that several new, leading companies and organizations have joined the XBRL initiative: ACCPAC International, Inc.; ACL Services Ltd; Bridge Information Systems; Dow Jones & Company, Inc.; e-Numerate Solutions Incorporated; eLedger.com, Inc.; Fidelity Investments; Financial Software Group; First Light Communications, Inc.; MIP, Inc.: Multex.com, Inc.; Oinke, Inc.; PeopleSoft, Inc.; U.S. Advisor, Inc.; Virtual Growth, Inc.; and XBRL Solutions, Inc.
A&A

Airlines, Rental Cars Reach out to Small Business

Let's face it: you're not an Arthur Andersen or MobilExxon, and you'll never be in the big leagues when it comes to purchasing power. Nevertheless, the small business traveler may go on just as many trips or rent just as many cars as the big guys, so why should they get all the perks?Changes are very much in the works across all vertical travel industries. For example, several airlines, like Delta and Northwest, have revamped their Web sites to aid the small business traveler in make all arrangements through a one-stop shopping portal.
A&A

Health Care, Taxes Vex Small Business Owners

The National Federation of Independent Business has released its Small Business Problems & Priorities Survey in which 4,044 small businesses rank their toughest problems.The cost of health care has had a lock on the number one spot since 1986, and 47% of survey respondents cite the problem as 'critical.' "No other single problem can touch health costs in terms of either the unanimity or intensity of concern it generates among small business owners," according to William J. Dennis, Senior Research Fellow at the NFIB Education Foundation and author of the study.
A&A

Tips for Maximizing Home Office Phone Lines

Telecommuting and the home office are popular staples in today's business marketplace, but how wisely are you using your telephone lines? Chances are, you're not being as productive as you could be when it comes to the ins and outs of home wiring and line details.Here are some tips for productivity: ISDN is Possible - ISDN isn't only for the standard office environment. However, you'll need two lines to make an ISDN connection to the Internet.
A&A

The MBA: Still an Entree to Upper Management

An MBA or advanced degree may just be the ticket to the top, according to a new survey released by Accountemps, a division of Robert Half International.An overwhelming 80 percent of respondents felt that an advanced degree was very important or somewhat important as a way to be heard by top management in companies across the nation.The survey was compiled from 150 responses among the nation's 1,000 largest companies.
A&A

Big Blue Poised to Turn PC Profit

Better than expected 2nd Quarter earnings encouraged IBM to remain confident that its ailing PC division will turn a profit by the end of the year.The Personal Systems division includes notebook computers, desktop PCs and low-end servers. Since 1998, the division has lost $1.5 billion.The report was made by IBM's CFO John Joyce in a statement connected to the release of the earnings, who said the company's change in business strategy and product focus seems to be working.
A&A

Tech Geeks and Dotcom Investing: Marriage or Divorce?

A recent survey conducted for US Trust of the richest technology professionals confirmed that wealthy Americans working in technology maintain their opinion that dotcom stocks are still a viable investment.The survey was conducted in the Spring when most of the technology stocks fell dramatically.
A&A

Alaska Airlines Suffers From Accounting Rules

Due to a Securities and Exchange Commission change in accounting for frequent flyer mileage, the parent company of Alaska Airlines will suffer a cumulative adjustment of $56.9 million for the years prior to December 1999.As a result of this change, the troubled airline - known as the 10th-largest carrier in the United States, will see an increase of $1.7 million in the first quarter 2000 loss.The accounting change calls for deferring recognition of a part of the revenue from the sale of mileage credits until passenge
A&A

Warnings for Participants in B2B E-Commerce

In the good old days, no business deal was complete without a handshake.
A&A

Can the Web Help Raise Money for Nonprofits?

In an effort to cut overhead costs and better target donors, nonprofits are venturing into the world of technology. In an industry where raising a dollar from a new donor can cost a nonprofit $1.20 to $1.50, the internet provides opportunities to focus more on distributing funds raised, and less on covering administrative costs.Convio, a company specializing in the development of software for nonprofits is planning on signing up a few charter charities to test its new web service.
A&A

Help Abounds for Women with High-Tech Ambitions

Axxon Capital is a new business - barely a year old - owned and operated by two financial professionals, both women, one an African American. The Axxon team brings together many years of experience in high finance.
A&A

CFOs are Optimistic on Hiring for 3rd Quarter

The word is extremely positive among chief financial officers; they are forecasting a 14 percent increase in hiring accounting and finance professionals in 3rd quarter 2000.This and other key HR findings are the result of the new Hiring Index released by Robert Half International.The random sample of 1,400 companies with 20 or more employees reports that only two percent of respondents indicated a reduction in new hires.
A&A

Touched by an Angel or Stung by the Devil?

This week's PC Expo brought out the best the computer world has to offer for the future of small business, including a strategic effort for start-up entrepreneurs to seek venture capital funding.A two-day seminar called 'Touched by an Angel' put start-ups at the mercy of 'angels' or so-called investors. Entrepreneurs were given four minutes to plead their case, but most of the time, every one was shot down. Why?Experts attending the seminar picked on this point and that point.
A&A

Rev 'em up! Porsche Boxsters as Benefits Incentive

Today's corporate benefits plan includes all the traditional modes, such as 401(k) plans, insurance, vacation and the like. But Porsche Boxters?Mercury Computer Systems recently awarded 24 such cars to management as an incentive to boost sales and increase the company's earnings. What's the fallout from an incentive program like this?Analysts outside the company think stockholders should be upset that the company is investing its money into benefits like a Porsche.

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