Technology news March 2008

Technology

Microsoft issues warning over Word flaw that allows targeted attacks

Microsoft has issued a security advisory about a software flaw that may affect Word users.Microsoft said it was investigating reports of "very limited, targeted attacks using a vulnerability in the Microsoft Jet Database Engine that can be exploited through Microsoft Word."The Microsoft Jet Database Engine is a database manager.
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Education & Careers

Microsoft offers Office Ultimate 2007 to students at steep discount

Microsoft's The Ultimate Steal promotion is offering eligible students Office Ultimate 2007 software for purchase at $59.95 though the end of April. Students are also offered free access to the software for 25 launches before purchase. The full retail cost for Office Ultimate 2007 is $679.Students with a valid e-mail address ending in edu who are enrolled in a U.S.
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Technology

Security patch for Excel doesn’t add up

An Excel security patch issued by Microsoft is creating math problems, as a bug causes Excel to return zeroes instead of the correct number in certain cases.The problem occurs only for some Excel users, and only when certain types of macros are run within the program, due to a bug in the MS08-014 patch, which was issued last week, IDG News Service reported.In an online warning posted March 13, Bill Sisk, Microsoft security response communications m
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Tax

Latest e-mail scam targets TurboTax

As if the mad rush for Americans to collect all the necessary financial data and file their taxes wasn't bad enough, cybercrooks are beefing up spam attacks concerning taxes as April 15 approaches.Some spammers are targeting the wildly popular, do-it-yourself tax software giant TurboTax with an e-mail message telling the recipient to download software updates in order to comply with new IRS requirements. But the URL provided doesn't take you to TurboTax's official Web site.
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Technology

Understanding and using benchmark data

By Brian Hamilton, Developer, Profitcents.com“Benchmarks” are of interest to many types of financial professionals. The topic has been covered substantially lately because, if they are gathered and used properly, they can be helpful to the financial analysis process.As used here, “benchmarks” are financial metrics/ratios/results which show the average ranges of financial performance by companies in a given industry. There are many different types of financial benchmarks.
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Technology

Microsoft builds retail and adviser channels for Office Accounting

Notes from across the pond...Starting late last March, UK business software shoppers were able to go into retail stores and buy copies of Microsoft Office Accounting, the new business package launched into the UK last November, according to a report on our sister site, AccountingWEB.co.uk.
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Technology

Microsoft programs have difficulty dealing with leap year

According to the Microsoft Exchange 2007 team blog, system administrators attempting to configure Exchange e-mail networks on February 29th may have been met with the curt system message: "The Exchange server address list service failed to respond. This could be because of an address list or e-mail address policy configuration error."The error, it turns out, is Microsoft's, as several of its programs are unable to cope with the leap year date of February 29th.
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A&A

How to increase your online visibility using Work.com

Work.com is a new resource for entrepreneurs and small business owners, an online small business community on the Web created to help small business decision-makers solve their most pressing business problems and realize their most compelling opportunities. Our featured guest in this episode of Small Business Trends Radio is Shara Karasic, Community Manager of Work.com. Shara will provide the inside view on how to use work.com as a valuable source of insight for your business - and also the ins and outs of how to use the site to increase visibility for your own business online.
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Technology

Were accountants responsible for the dotcom bubble and burst?

A discussion has surfaced on our UK sister site, AccountingWEB.co.uk, regarding to what extent did involvement, or lack thereof, by members of the financial profession, contribute to the dotcom boom and bust.
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Practice Management

Keeping a lid on compliance costs

by Bob Mahan CFO, of Ajilon Finance The positive aspects of the raft of new accounting and financial reporting regulations are numerous. In a recent Deloitte survey, companies report they have a far better understanding of their chief risks and associated control mechanisms than just a few years ago. In addition, companies say internal controls are now far stronger, with the likelihood of material misstatements moving forward greatly reduced.
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Technology

Google's anti-malware team uncovers million of potentially infected sites

Research by the search engine Google's anti-malware team uncovered more than 3 million potentially harmful Web sites. Weekly samples of infected sites among search results reached 1.3 percent in January, 2008 - a threefold increase on last year.
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A&A

Microsoft announces worldwide availability of Office Live Workspace

Microsoft Corporation has announced the public availability of Microsoft Office Live Workspace beta, the new Web-based extension of Microsoft Office that lets people access their documents online and share their work with others. Office Live Workspace was among the first entries in the new wave of online services in Microsoft's software plus services vision previewed last fall.Office Live Workspace is now available worldwide in English.
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Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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