Technology news August 2008

Technology

ERP software webinar announced

Technology Group International (TGI) and Panorama Consulting Group have announced a joint educational Webinar offering tips and techniques for successfully organizing and managing ERP software selection projects in the small to medium business (SMB) market. This free Webinar titled, "ERP Software: Failing to Plan Means Planning to Fail," will be held on Thursday, September 18, 2008 at 2:00 p.m. EDT. You can register in advance for the free online Webinar.
Technology

New undelete program retrieves spreadsheets and other valuable files

Accidents happen. Files get deleted by mistake. Valuable information is lost. Forever? Maybe not.Diskeeper Corporation has announced the release of a new version of its program, Undelete, designed to intercept deleted files. Here's what the company has to say about its product:Think of all the valuable data on your computer: Financial records, work and school reports, digital photos you'll never be able to take again... what if those files were deleted and you couldn't get them back? Accidental file loss happens more often than you think.
Technology

SEC introduces IDEA, XBRL successor to EDGAR database

Securities and Exchange Commission Chairman Christopher Cox today unveiled the successor to the agency's 1980s-era EDGAR database, which will give investors far faster and easier access to key financial information about public companies and mutual funds.The new system is called IDEA, short for Interactive Data Electronic Applications. Based on a completely new architecture being built from the ground up, it will at first supplement and then eventually replace the EDGAR system.
Technology

More than 2,000 expected to attend Illinois technology show

The Illinois CPA Society, the fifth largest CPA society in the country with more than 24,000 members, is holding its 28th Annual Business & Technology Solutions Show to explore current issues and showcase new technology and products.WHAT: The Midwest's premier event for finance and business professionals features the latest solutions in accounting and tax software, office products, payroll and HR resources, and document management. Exhibitors include Microsoft Corporation, Harris, SmartVault, Warehouse Direct, MorganFranklin, Alliant Credit Union and more.
Technology

Excel, Word, Access, and Outlook affected by latest Microsoft patches

Microsoft's "Patch Tuesdays" are unlikely to be the same starting in October, when the company will shift to a more consultative approach with third party vendors to its regular security update process. But the company created something of a bang on August 12th with six critical and five important patches.
Technology

The Accounting Aisle expands its network

The Accounting Aisle has announced the addition of the 500th accounting firm to its network. The Accounting Aisle network matches small businesses with local accountants. The goal of the Accounting Aisle is to simplify the search process for the small business owner. The service was launched in 2007. Business owners that use Accounting Aisle to search for an accountant fill out an accounting request form on-line or over the phone. The request is then matched with local accounting firms that specialize in their needs. The matched firms provide the owner with proposals for services.
Technology

Laid-off Intuit employees start their own company

Last June 2008, Intuit Inc., the makers of QuickBooks, QuickBooks Point of Sale, Turbo Tax and many other fine products, announced the layoff of over 150 Tucson-based employees. This included the entire U.S. call center for QuickBooks Point of Sale, leaving only the India-based call center.Intuit stated that more customers are going to the Web to get answers to their questions and incoming call volume had dropped.
Technology

Has the IRS lost its appetite for collecting payroll tax?

Evidence suggests that many businesses are no longer taking their obligation to pay and remit payroll tax seriously. According to recent GAO report, as of last September 30, 1.6 million businesses owe the IRS in excess of $58 billion in payroll taxes, interest, and penalties. That is the amount accumulated over a period of ten years. Taxes that have been owed for longer than ten years may have been permanently lost, due to a statute of limitations. That amounts to about 20 percent of the total delinquent taxes ($288 billion) for the same period.
Technology

Microsoft tries to bluff users into liking Vista

Microsoft recently conducted an undercover test to determine public response to the controversial new Windows Vista operating system. "If people could see Vista first hand, they would like it" is the premise that Microsoft tested last month in what it calls The Mojave Experiment.Our sister site, AccountingWEB.co.uk reports that around 120 people in the San Francisco area who had given Vista a low rating in product focus groups were invited to look at a "new" operating system codenamed Mojave.
Technology

Intuit teams with Tommy Silk to create Jingle Generator for small businesses

Need a jingle for your business? Intuit, makers of QuickBooks software, has created a new Web site called the Intuit QuickBooks Jingle Generator. This automated process enables you to work with rock producer Tommy Silk to create your own personalized jingle.The first step entails choosing a business type. There are 20 categories to choose from, including Accounting Services, Real Estate, Consulting Services, Small Business (Other), Nonprofit/Causes, Restaurant/Catering, Retail/Shopping, and more.
Technology

Is there life after Windows? Microsoft hints of new Midori operating system

Various Web sites are name-dropping, and the name is Midori, a new Microsoft operating system "incubation project" taking shape at the company's Redmond, Washington headquarters, our sister site, AccountingWEB.co.uk reports.
Tax

Has the IRS overreached in audits of small businesses?

The National Small Business Association (NSBA), a small business advocacy group, has launched a new Web site, PreventIRSAbuse.org, designed to uncover potentially abusive Internal Revenue Service (IRS) audit tactics and inform its members about efforts by the IRS and Congress to use small business audits to enhance revenue. The NSBA site asks members to contribute their own experience with audits and challenges the fairness of the IRS characterization of the "Tax Gap."
Education & Careers

QuickBooks students get free software trial

The Sleeter Group has announced that a trial version of QuickBooks software will be included with the company's three college textbooks. Students taking courses in QuickBooks are often required to pay hundreds of dollars for a fully-functional version of QuickBooks.
Technology

Illinois CPA Society presents 'Today’s Business Issues and Tomorrow’s Technology'

This year's Illinois CPA Society's Business & Technology Solutions Show, being held on Tuesday, August 19 and Wednesday, August 20 at the Donald E. Stephens Convention Center in Rosemont, IL, covers technical know-how and delves into issues challenging today's accounting and finance professionals.
A&A

Government reports faulty oversight at SBA

Troubles are mounting at the Small Business Administration (SBA). In the latest of a series of reports of poor oversight at the SBA, federal investigators published an internal memo last week that asks how the agency concluded that an affiliate of the security firm Blackwater fell within size limits for small business. The Blackwater affiliate has received more than $100 million in contracts reserved for small business.
Technology

What do MySpace and Facebook users have in common with Paris Hilton?

Our sister site, AccountingWEB.co.uk reports that MySpace and Facebook users are being targeted with variants of a new worm that is being propagated via bogus comments that direct them to infected websites, according to security specialist Kapersky Lab.Unsuspecting networkers who follow the links could end up downloading the Koobface worm which can co-opt their computers into an e-mail zombie botnet.
Technology

Industry blog helps accounting professionals deal with today's issues

The imbalance of practitioners entering and those leaving the accounting profession will soon reach a critical level. Demographic and social challenges are to blame, with the number of accountants exiting public practice outweighing those entering.
Technology

Looking for a new accounting program? Take your CPA with you

Choosing a new accounting software package is not a decision to take lightly. The smallest firms may be able to use QuickBooks or Peachtree or a similar program right off the shelf without much support. But for larger businesses, it's critical to bring your software-savvy accountant into the decision. There are some great programs available, but an enthusiastic salesman may convince even the sharpest businessperson that he or she can buy a program, push a few buttons, and pop out a set of balanced books, robust financial statements, and a loaf of home-baked bread.