Technology news

Technology

Email #1 Way to Reach Accountants

Who could have foreseen what a revolution email would be?A new survey from Accountemps found that an overwhelming 73 percent of CFOs prefer to communicate with accountants by email. Telephone as a preferred media came in at 10 percent, while fax totaled nine percent.Accountemps surveyed 1,400 CFOs from companies with 20 or more employees.
Technology

New Love Bug Virus More Dangerous than Original

A variant on the LoveBug virus has been detected by a leading antivirus software house, Symantec. The VBS.NewLove.A is a worm, and spreads by sending itself to all addresses in the Outlook address book when it is activated.
A&A

Online Calculator: How Much Does it REALLY Cost When Your Network Goes Down?

Stuff happens. Networks crash. But what is the cost to your organization when that happens? The REAL answer might surprise you. A good disaster recovery planning website www.drplanning.org offers a link to a Network Downtime Cost Calculator where you can calculate both direct and indirect costs of a network failure. IT specialists - you may want to run this calculator to help justify increases in the technology budget for the firm.
Technology

What Are The Top Business Related Web Sites You Frequent?

Everyone knows that there are thousands of web sites available to today's business person designed to help them do their job more efficiently and effectively.We thought it would be interesting to invite the AccountingWEB community to share the top three web sites that you use on a regular basis in your business so we can compile a list of the Best of the Best so everyone can benefit.Scroll down this page to view some of the responses we are receiving from community members.
Technology

Andersen Consulting Revs up for Site Services

Tenneco Automotive has engaged Andersen Consulting's Automotive, Industrial and Transportation group to provide consulting services to design and build a new customer service Web site.The site is designed to provide after-market sales and service to customers seeking industrial automotive equipment, such as ride control, and exhaust systems' products.Putting the power of the Internet in their hands, customers can order and track any orders placed at the Tenneco site.
Technology

AOL Pays Millions in Accounting Mishap

On Monday, America Online agreed to pay $3.5 million in civil damages based on improperly accounting for advertising revenues.
Technology

AICPA Offers new Tech Designation

Many CPAs and their staffs perform technology-related services for clients and customers, so what distinguishes one practice from the other, and how/why does knowledge play such a key role in the process?Make way for the new information technology (IT) accreditation for CPAs, known as the Certified Information Technology Professional (CITP) designation.
Technology

Battle of the Search Engines Heats up

What is the best search engine in today's competitive marketplace? Many CPAs would argue that the best engines are the ones that deliver strategic information without a lot of hype.The battle for the best engine is getting more and more difficult, as two of the leading ones have announced some major changes. The end result?
Technology

eLedger.com Captures the Power of the Web

Internet-based accounting is no longer just for the big guys who can afford it. eLedger.com, an application service provider, just announced its Web-based accounting application solutions for small businesses.Now, for as little as $19.95 per month for ten users, companies can access their business data 24 hours a day from the Internet through an application that has the look and feel of Windows-based software.
Technology

State of the Art Software Streamlines PwC

In a mere five months, Picasso Software, a Richardson, Texas based e-business company, turned PricewaterhouseCoopers’ paper-based tax data collection for master limited partnership (MLP) clients into a sophisticated Internet application. The new system allows 4.5 million individuals to access tax-reporting accounts and complete tax forms online.Picasso used TaxWeb, an eBusiness software application, to make the incredible transformation.
Technology

Warning! New Worm Detected

You just thought the love bug was a thorn in your side. Overnight, cyber criminals have rewritten the "I Love You" virus and generated many new mutations of what is now being classified as a worm. The new classification comes from its ability to replicate itself.News reports indicated that a new virus called, "Joke," closely followed the "I Love You" virus, but today, there are reports that two new worms are in distribution.
Technology

AccountingWEB Offers Free Love Bug Antidote

If you are one of the reputed millions of global email users to have been hit by the notorious "ILOVEYOU" worm program, AccountingWEB has posted tools on the site to help you to disinfect your computer.The downloadable tools include a program "Bug.exe" which searches PC drives for the main virus files and any additional data it may have created.Another application, "DisInfector.exe" neutralizes and renames infected files. The remedial tools can not replace lost data.
Technology

Don't get Bitten by the 'Love' Bug

It seems that love is in the air today. And it is infecting computers from Asia to Europe and now the United States in one of the worst outbreaks of computer viruses ever to hit the Internet.First of all, before you read any further, if you see an email with "I Love You" in the subject line, BE SURE TO DELETE IT COMPLETELY FROM YOUR SYSTEM.Now, the story.
Technology

Great Plains to Acquire Rival Software Company

Great Plains, an accounting software industry leader, announced yesterday plans to acquire rival software company, Solomon Software.The new company will have more than 130,000 customers, 2,200 team members and a worldwide network of 2,000 channel partners. Great Plains will acquire Solomon through the issuance of approximately 2,600,000 shares of Great Plains common stock and $35 million in cash.
Technology

The Future of Financial Reporting Mapped Out

AccountingWEB was honored to host an onlike workshop this week featuring Mike Willis, Chairman of the AICPA led XBRL Steering Committee, to talk about this new language of electronic financial reporting.
Technology

Budgeting With Pivot Tables - The Sequel

Over 1,200 AccountingWEB members read David Carter's first tutorial on budgeting with pivot tables. In the eagerly awaited sequel, Carter goes beyond setting up initial budgets to explain how to add the actuals each month and use Excel pivot tables to report on Monthly and Year-to-Date Actuals versus Budget, plus Variances – both at company and departmental level.The Formulas function is used to calculate variances between budget and actual.
Technology

Microsoft Split-up: The Gloves Are Off

In an open letter to customers, partners and shareholders, Microsoft's Bill Gates and Steve Ballmer explain how and why the government's proposal to break up Microsoft would harm consumers and other companies in the high-tech industry.
Practice Management

Three Uses of the Web for CPAs

Everyone these days is on the Internet, but how much can you use the Internet to deal with clients? Here are three fundamental uses of the Web.1. Answer Basic Questions: many firms use their Internet site to provide solutions for customers and clients. This is especially evident with systems like Ernst & Young's Ernie, which provides online assistance at a rate of $3,000 for 10 questions.
Technology

Survey Shows Boys Spend More Time At Computer

A recent survey conducted by the Orange County office of Deloitte & Touche shows that 64 percent of boys ages 6 to 17 spend more two hours per week using a computer while only four in ten or 44 percent of girls do.A survey of more than 145 local kids showed that computers are used for playing games, typing schoolwork, and earching the Internet.
Technology

Email Follows You EVERYWHERE!

Let's face it: email has made our lives easier, especially those of us who travel, because we can remain 'in-touch' while on the road. But if you're like most everyone else, establishing a wired connection in some places sometimes can be very difficult.The introduction of the Palm VII and its wireless connection to the Internet was a step in the right direction ... but that is first-generation in an industry wide open for expansion.Take, for example, the ability to use other Palm devices to connect to the Internet and retrieve email.

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