Technology news April 2008

Technology

Geezeo: A new personal finance tool for those who don’t mind sharing

People will discuss anything and everything online, so why not confessions of silly money mistakes, mountains of college debt, or a credit card balance that your husband doesn't know about?Geezeo.com is combining social networking with free, online Web tools. Users can access their accounts through their cell phones using text messaging, and talk about money issues in discussion groups.Some even use Geezeo's online confessional. One woman said she's $30,000 in debt and her husband has no idea.
Technology

Gartner IT analysts opine that Windows is collapsing under its own weight

Windows is too "monolithic," claimed Gartner IT analysts Michael Silver and Neil Macdonald last week.
Technology

Are you spending too much time with Excel?

Access Accounting managing director John Beech argues that Excel is a part of the daily life of the accountancy profession, but poses significant risks if it's not integrated with the business and accounting system. This article from our sister site, AccountingWEB.co.uk, sets out a base line for how spreadsheets should work with accounting systems.There's no denying that Microsoft Excel has worked its way into the heart of modern business practice.
Technology

SEC foils Craig's List identity theft scammers

The Securities and Exchange Commission took action last week to stop a sophisticated Internet scheme that stole the identities of unsuspecting individuals and netted more than $66,000 in illicit profits in just seven weeks.In a complaint filed in the U.S.
Technology

New AGA blog will address government accountability and transparency

The Association of Government Accountants (AGA), has introduced the AGA Weblog, a first-of-its-kind addition to the government and taxpayer blogosphere. The blog aims to bring state, local and federal government financial managers into discussions about issues, solutions, and priorities aimed at making the government more fiscally transparent.
Technology

Gadget Zone: Computer gadgets can save power from 'energy vampires'

Consumer electronics are notorious energy vampires, sucking energy even when they're not in use. But going green in your office may be easier than you think.According to the U.S. Department of Energy, consumer electronics - 25 devices in the average American home - use as much as 25 percent of their power when in standby mode. Consider the computer, monitor and cable modem. Together, they use 11 watts of power even when powered down.
A&A

Software tool helps companies meet requirements of new identity theft rule

Under a new Federal regulation, by November 1, 2008, banks, credit unions, mortgage lenders, auto dealers, credit card lenders, payday lenders, landlords, utility companies, phone companies, and any business that extends credit, must perform a risk assessment to identify "red flag" weaknesses in their systems and procedures that could lead to identity theft. The companies should then take steps to develop a written Identity Theft Prevention Program.
Technology

CPA Tech Advisor requests Innovation Award Nominations

The nomination period for the fifth annual Tax & Accounting Technology Innovation Awards has been extended to allow companies to submit their products and services until April 11, 2008. The Innovation Awards are sponsored by The CPA Technology Advisor, the leading independent technology magazine for tax and accounting professionals. The awards will be presented in Los Angeles on June 12, 2007, at a special event at the California Accounting and Business Show & Conference.

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