News

Accounting Jokes: The Worst of the Web

Well, some of them are pretty terrible, but at least they've made an effort.
Community News

Business Casual: What exactly IS It?

Most companies like the idea of casual Friday. If you’re an employer you can help boost morale by offering your staff the opportunity to dress down one day of the week. In fact, more and more companies are offering the opportunity to dress casual for the entire week. However, this can leave people confused as to what is appropriate dress and what isn’t. A particularly difficult challenge in discerning what’s appropriate casual wear and what’s not resides among women, especially those making the switch from college to the corporate world.
Practice Management

Small Business Solution: Hire a Debt Arbitrator

Small businesses like CPA firms and other companies are famous for being negligent in collecting on past due accounts. Some past due receipts often go 30, 60 or even 90 days.One solution for clients and companies alike is to hire a debt arbitrator - a person who can negotiate settlements based on experience and pay incentives.
Technology

Pay Model Returns to Yesteryear for Dotcoms

Just when dotcoms seemed to break out of the mold and offer compensation models truly above and beyond the traditional bricks & mortar environment, high-tech companies have taken a step backwards.Gone are the days of stock options. Since tech stocks have fallen somewhat out of favor since last Spring, dotcoms have returned to cash incentives rather than the promise of a soon-to-be IPO in the future.This and other conclusions were made by a recent study commissioned through PricewaterhouseCoopers.

Our One Year Anniversary

We celebrated our one year anniversary by attending the Illinois Business & Technology Trade Show, the venue for our "coming out" party in 1999. Plenty of people seeking us out, congratulating us on the anniversary, and thanking us for making a difference in their lives. Sure different than it was last year at this time . . .
Technology

QuickBooks is Driving Me Crazy!

Tuesday afternoon, AccountingWEB hosted Gail Perry, CPA, and author of several books including "The Complete Idiot's Guide to QuickBooks" in a return engagement as a workshop presenter and facilitator in solving many of QuickBooks' thorniest problems.In addition to problem-solving, Perry presented some of her favorite QuickBooks tips, including:Adding favorite reports to the Navigation BarMemorizing recurring transactionsCreating a General Ledger report for one account Making adjustments to 1099 vendorsCompressing dataChanging account balan

FASB Ruling May Stifle Mergers and Acquisitions

In a letter to the Financial Accounting Standards Board (FASB) signed by members of the Association for Financial Professionals, the Association warned that an impending FASB ruling will cause a dangerous slowdown to merger activity and may restrict U.S. economic growth. The warning is based on results of a survey conducted by AFP of its members.
Technology

KPMG Points Out the E-vil of the New Economy

KPMG Consulting has warned businesses to steer clear of the seven deadly 'e-sins' that could cripple their online operations.E-business partner Paul Baker says that the path to 'e-virtue' lies in avoiding the following:Sloth - the key top e-business is speed;Envy - don't simply copy the successes of other companies;Greed - Don't be afraid to collaborate;Pride - Share your data;Gluttony - Delivering online grub can be complicated;Lust - The proliferation of porn sites makes a clearly defined policy on permissable personal browsing a must;

Telephone Interviews: The Next Best Thing to Being There

As our business days continue to fill and the pace getse more frenetic, you may find that your potential employer only has time for a remote interview.
Technology

ILOVEYOU Suspect Goes Free

Here's a riddle for you: who causes $10 billion worth of damage and walks away, Scott free?The alleged author of the ILOVEYOU virus, of course!Charges were dropped Monday against Onel de Guzman because the Justice Department claimed the charges did not apply to computer hacking, and there was not enough evidence to back them up.de Guzman claims he may have released the virus by accident, but denied that he had anything to do with actually writing the virus.
Community News

Shaky Ground: The Impact of KPMG Stock Offering

As reported earlier this year on AccountingWeb, KPMG filed for a potential IPO last May to fund its technology consulting practice, and is now in the midst of negotiating terms for the offering with Morgan Stanley Dean Witter.What is the impact of such an offering? While KPMG hopes to raise $2.5 billion, analysts are skeptical that Wall Street will receive the stock sale with open arms.First, buyers have to get past the often-perceived stodgy mindset associated with a Big 5 firm.
Community News

EY Partner Hired as SEC Deputy Chief Accountant

The Securities and Exchange Commission has hired Jackson Day, formerly a partner with Ernst & Young to assume the number two accounting position at the Commission.As deputy chief accountant, Day will oversee the accounting and audit practices.

Excel Tip: Consolidate your Spreadsheets Pivot Tables

Manipulating multiple worksheets is made easy with our latest pivot table tutorial from pivot king David Carter.His latest guide - Consolidating multiple worksheets in a Pivot Table - to this invaluable Excel tool should take only 15 minutes, and shows you how to take a number of worksheets and turn them into one comprehensive spreadsheet.Carter's new tutorial comes in response to a question from AccountingWEB reader Tom Trainer, who wanted to know if pivot tables could be used to

Insuring Against Cyber Attacks

Worried about protecting your company’s ability to do business on-line? Get yourself some cyberinsurance. Until recently, only one company would offer this type of high-risk insurance and rates were high. However, with the need for security increasing, cyberinsurance policies are becoming more common and perhaps somewhat more affordable.Before you run out and purchase your own policy there are a few things to know.

Calling All CEOs

Challenger, Gray & Christmas Inc. in Chicago helps place the displaced in new positions where individuals are equal to the task. It seems that a large audience the company is helping these days are CEOs on the prowl for new work. CEO departures have increased 20 percent between February and July. In fact, in the month of July itself the company reported that four CEOs quit per business day.So what’s going on? The atmosphere in the dot.com community is said to have a hand in CEO turnover. However, across the board, performance expectations are just plain higher.
Tax

Presidential Election Issues Affect Small Business

As a CPA working in practice or industry, you know the impact a presidential election can have on your clients or employer. The views of the candidates on health care, taxation and other issues can mean a boon or bust to millions of our nation's small businesses.Overall, analysts claim Bush is more of a friend to small business based on his views related to Internet sales tax (against) and a repeal of the inheritance tax (for).

Writing a Winning Resume for Accounting Positions

Resume writing is an art, no doubt. While today's word processing programs have templates that help you write your resume, there are a few aspects that are standard regardless of what job you're applying for - then there are aras of the resume that are indicative to accounting-related positions.Accountants on Call President Diane O'Meally pares the advice down to common sense.
Technology

Touchy, Feely Mice are on the Horizon

All of us have morphed with the mouse. We've evolved from the archaic mouse of yesteryear that was a basic, point-and-click device to a mouse that has a left thumb button. And, of course, there's the remote, wireless mouse.In an effort to continue with mouse innovations, Logitech has unveiled their new iFeel Mouseman, a interactive device that actually makes the user feel a part of a Web page.For example, if the mouse were to roll over an image of an ice cube, the effect would be very smooth to the touch.
Community News

Andersen & Deloitte - Partners in Consulting?

Today's announcement by Deloitte Consulting that it is investing in Epylon Corp., an online provider of ebusiness solutions for education and government institutions may seem like a new idea to most - but it's old news to Andersen Consulting.Andersen Consulting announced an arrangement to provide software to Epylon a month ago and AC Ventures, the venture capital unit of Andersen Consulting, already owns a minority stake in Epylon.So what's all the excitement abo

Important Announcement From AccountingWEB

AccountingWEB to remain free, but will be restricted in many places to registered members only.A message from Michael Platt, AccountingWEB CEO:To ensure the continued growth and development of AccountingWEB as a world class online community for the profession, we are changing the way our site is accessed and are encouraging all visitors to AccountingWEB to become full registered members of the site.Beginning later this week, v

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