Technology news

A&A

Stock Advice From CFO Michael Jacobs

The recent demise of many dotcoms, along with a drop in technology stocks over the last month has made even the most liberal investor cautious of today's market.
Technology

Microsoft Split Probably Will Happen

According to industry sources, the Justice Department is very close to recommending that Microsoft be split into two entities in order to avoid running a monopoly in operating systems. The rumor has been confirmed by several of the nation's leading newspapers, including USA Today, The Wall Street Journal and the Washington Post.Under a new scenario, the first company would only manufacture Windows, as well as the browser technology for the Internet.
Technology

Bullet Mania For Microsoft Word

You’ve seen them. Bullets. Little characters that appear before a list of paragraphs that are designed to draw attention to the following text. Maybe you have used the arrow or the basic black dot, but have you ever wanted to expand your selection to something that may follow a theme? For example, using a gun for a proposal for a gun manufacturer?
A&A

Yahoo! CFO is Industry Wunderkind

What's going on at Internet portal and search engine maverick Yahoo! these days? Quite a lot, thanks to CFO Gary Valenzuela.The company has made a profit for over four years in the face of dotcoms that can barely scratch the surface of seeing any black. What's the secret? A conservative stance by Valenzuela on most everything, according to industry experts.Some credit needs to be given to a savvy marketing approach and the fact that Yahoo! doesn't have any inventory attached to it ...
Technology

Justification for Technology Projects

Written by Tom C. Davis, CPA -Davis Nichols and Associates (reprinted with permission)There is good news and bad news for accounting firms. Business has been great. The economy has been excellent and looks to remain good for the foreseeable future. Clients are requesting more services and there are many opportunities to offer new services to new and existing clients. The bad news is that staffing resource is in short supply.
Technology

Integrated Process Model Increases Efficiency By 50 Percent

The guys over at PricewaterhouseCoopers have just teamed up with the folks at Micrografx.com to jointly offer a process modeling software that will increase efficiency by as much as 50 percent.The Micrografx software, iGrafx Process with iGrafx IDEFO, will work with PwC’s Performance Improvement Approach, Ascendent (TM) PI.
Technology

Katie Couric, Watch Your Back

Broadcast news will never again be the same, as Ananova, the world's first computer-generated virtual newscaster, made her somewhat-shaky debut on the Internet yesterday from her home in the United Kingdom.A year in the making, this virtual broadcaster is a technological marvel, "reading" the news headlines with all of the head and eye motions of today's top news anchors.
Community News

PWC Creates VeriSign Competitor

PricewaterhouseCoopers has developed its own digital certificate system to compete with market leader VeriSign.The new company is called 'beTrusted,' and is based in Columbia, MD with 120 employees.
Technology

Andersen Signs on With Telemate.Net

Arthur Andersen just announced that it has signed on with Telemate.Net to beef up the Big 5 firm's technology and e-Business risk consulting services.Telemate.Net offers software that tracks Internet usage.
Technology

Four Prominent Consultants Join Forces

Four of the most experienced and knowledgeable consultants in the accounting and financial services industry have joined forces in a collaborative new venture called The Advisory Board.Founding members of The Advisory Board include:L. Gary Boomer, CPA, CEO of Boomer Consulting in Manhattan, Kansas, email: lgboomer@boomer.comAllan D.
Technology

Postal Service Creates New Bill Paying Service

Long lines, one clerk serving all windows, and spending untold amounts of time may quickly become icons of the past as more and more of us use online bill paying services, electronic postage and other services for which we usually go (and still are, for the most part) to the neighborhood post officeEven though first-class mail continues to increase, the U.S.
Technology

Voice Mail While You're on the Internet

If you've got a computer at home, don't have the luxury of two phone lines, and are worried about missing important phone calls, a service called Pagoo Call Catcher could be your salvation. For $4.95 per month, the service will allow people who call you while you're online to leave a voice message, and that message is then stored in your computer and you are notified by email or your pager that there is a voice message waiting in you in your Pagoo Mailbox.
Technology

AICPA Considers Massive Restructure, IPO Options

The Electronic Accountant is reporting that the AICPA is finalizing plans to massively restructure itself into three business divisions - one of which would be an Internet portal that would be positioned as an IPO.The divisions would include:A corporation co-owned with the State CPA Societies to focus on membership services and administration;The traditional AICPA professional association focusing on regulatory, standard setting and ethics activities;A publicly held for-profit Internet por
Technology

Competition Reigns! EY Tapped for Extranet

Who says you shouldn't conduct business with competitors? In the 'new economy,' nothing could be further from the truth as evidenced by a UK consortium of oil and gas companies known as Logic.Extranets are hot commodities, and Ernst & Young has been asked by Logic to develop services related to its external Internet system.Logic is an organization of British oil and gas companies.
A&A

CPA Software Giants Join XBRL Effort

A number of prominent accounting software companies have signed on with Big 5 firms, the AICPA and international organizations to step up the push for XBRL.XBRL is short for Extensible Business Reporting Language, and is the brainchild of a consortium seeking to establish an international language to report financial information over the Internet.A few of the software companies participating in the effort include Navision, Best and Sage.
Tax

$500,000 Profit in 90 days

We tried to tell you.Back on the 20th of January, AccountingWEB ran a story on the auction of the domain name www.taxes.com.At the time the asking price was just $260,000.Here we are 90 days later, and the current bid for the domain name is at a whopping $700,000!Some quick thinking deep-pocketed firm could have made a nice windfall this quarter. So, the price is now $700,000.
Technology

The Future of Financial Reporting

A number of leading accounting organizations, including AICPA, Arthur Andersen, Deloitte & Touche and PricewaterhouseCoopers, are backing a new XML-based financial standard to exchange information online.Known as the XBRL Project Committee, the goal is to roll out the standard--Extensible Business Reporting Language or XBRL--by July 1.XBRL also is supported by some of the most well-known software companies, including Microsoft, SAP and O
Technology

Privacy Software Puts Internet Security Back in Your Hands

Here's one for you. YouPowered.com has developed MyOrby, an Internet privacy software that puts privacy back in your control. It tells you when you're being tracked and gives you the option to stop a site from tracking your activities. MyOrby learns your web surfing behavior - like playing games, downloading music, searching for things, sending emails, chatting, shopping - and uses what it learns to communicate with web sites you are in to find your most preferred experience in that site.
Technology

H&R Block Site Down for Short Time

Tax filing giant H&R Block just can't get a break.This week--when electronic filing will be at an all-time peak--the H&R Block Web site, which has catered in the past few months to thousands of electronic tax filers, accidentally went down for two horus during routine maintenance.Two hours doesn't seem like a long time to the average person, but if you are trying to file taxes and cannot access the site, it seems like an eternity.Naysayers are commenting that this is evidence of the tremendous power of Internet in allowing the filing capability onl
Technology

Not-For-Profit Information Bonanza!

If you work with not-for-profit organizations and are looking for comparative financial information, or you are looking to develop a not-for-profit niche and want to identify prospects in your marketplace, your search is now over.A web site designed to give contibutors access to financial records of the organizations they want to help can also be a boon to the accounting firms who are looking for comparative information from similar entities.Guidestar describes its mission as helping "to improve the effectiveness of the nonprofit sector through the

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