Technology news

Technology

What Will Happen to Us if Bill Gates Stops Controlling Our Lives?

He's at it again - Bill Gates never seems to stand still when it comes to computers and technology. His latest pronouncements involve what Gates refers to as the "bottom line" of Internet usage. The Gates vision projects a third phase of the Internet which follows the initial phases of using the Internet for advertising and conducting business transactions over the Internet. The third phase emphasizes business profitability.Microsoft has already developed the software necessary for achieving the Gates dream.
Technology

U.S. Bank Takes Internet Services to New Level

U.S. Bank has unveiled a new service for business customers. Called Image Check Web, the service provides the bank's business customers with the ability to view recently cleared checks via the Internet.Checks are available for viewing the day after they clear the bank.
Technology

Would You Turn Down $7M for a Domain Name?

The crazy world of domain name registration took an even crazier twist with the revelation that a $7 million bid for a domain name was rejected by a UK-based businessman.Peter Littke, MD of Java software developer Naxt Ltd, turned down the offer for e-buy.com from US-based firm Ebuy Inc - despite the fact that he is looking for funding for an e-commerce venture using the name."Of course I was tempted by the offer because it's enough money to live on for rest o
Technology

E-Trade & EY: Match Made in Financial Heaven?

It has just been announced that Internet securities broker E-Trade and Ernst & Young will partner to form a new venture handling financial advisory services.Each company will put up $25 million for the new company, which has not yet been named.
Technology

Battle of the Handhelds: Palm Fends off Microsoft

The battle of the handheld PDA (Personal Digital Assistants) is heating up once more.
Technology

Search Engine Savvy

You know the first step to getting your web site noticed is to ensure that search engines pick it up, right? But anyone who has tediously signed up their site directly with search engines (read one by one)knows that this is a process that could drive even the most patient person over the ledge!The good news is that there is a solution. The better news is it's inexpensive to register your site with multiple search engines at the same time! A new service provided by NetMechanic boils the grind down to a manageable task.
Technology

To the Rescue: CPAs Advise Failed Dot.coms

Last week's news about the demise of online retailer boo.com has fueled a discussion in the United Kingdom that a new service line for accountants is literally waiting to happen: the rescue of the dot.com.What's it all about? CPAs and accountants (chartered accountants in the UK), can provide financial advice to failed or struggling online businesses.
Technology

AICPA Gets Green Light for Internet Portal

AICPA Council Members voted at the Spring Council meeting to proceed with the new Internet portal project, called 'cpa2biz.com.' The portal will be set up as a separate, publicly traded business, and already has received $107 million in start-up venture capital funding.Plans for the portal include offering business services for the profession, including CPE training, a national directory of firms, and information on technical topics.
Technology

Modelling and What-If? Analysis With Pivot Tables

All accountants use spreadsheets for financial modelling and “What if?” analysis. However, the unstructured format of the traditional spreadsheet means that large models especially can turn out to be a house of cards, with no-one trusting the results or understanding how they are arrived at.For the results to be trustworthy, the source data has to be properly structured in the first place.
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.

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