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Technology

It’s ‘Back to School’ Time for IRS Computer

The House Government Reform Subcommittee for Management, Information and Technology, headed up by Rep. Stephen Horn (R-CA), issued its first set of report cards for computer security. Averaging all the grades for all major federal agencies, the government as a whole received a D- in computer security. “Obviously there is a great deal of work ahead,” according to Horn.A grade of “F” was issued to computers in the Justice Department, the Department of Labor, the Small Business Administration, and the Office of Personnel Management.
A&A

Tax Relief in Sight after November Election?

Now that the estate tax bill has been defeated, legislators are looking to the November elections to solidify a stance on future tax reforms.According to Christopher 'Kit' Bond (R-MO), the fall election season is critical if Congress is going to move forward with any kind of tax relief because 'who' get elected has the largest effect on pushing forward any legislation that may make a difference.While November is viewed as the pinnacle for Congress, there will be some activity in the fall prior to the election.
Community News

Dial 'EY' for Audit: Verizon Chooses Ernst & Young

The newly formed Verizon Communications has chosen Ernst & Young as its accounting firm.EY beat out Big 5 rivals PricewaterhouseCoopers and Arthur Andersen, both of whom had relationships with Bell Atlantic and GTE.According to the SEC, however, Both PwC and Andersen will maintain independent accountant relationships with certain subsidiaries or investments of Verizon, providing audit and some non-audit services.
Technology

Gates: 'English' Remains Internet Language

While foreign languages will be spoken in mass this week in Sydney at the Olympic games, the only language spoken over the Internet, according to Bill Gates, will be English.This observation was made by Gates on Sept. 12 during the three-day Asia Pacific Summit of the World Economic Forum held in Melbourne.The statement by Gates flies in the face of a report released by Deloitte Touche Tommatsu that predicts the population of China would boast the largest online component within 10 years.
Tax

Tax Analysts Give Thumbs Up to Bush Plan

The Joint Committee on Taxation, a non-partisan group that provides all the estimates of the cost of tax legislation on Capital Hill, has given thumbs up to Bush and thumbs down to Gore with regard to tax legislation the two candidates are proposing in their campaign speeches.According to documents released on Friday, the Joint Committee on Taxation, claims that George W.

Advertising: Make Sure it's Legal

Though not all accounting firms feel that advertising is the way to go when it comes to getting the word out, it’s also not a bad idea. Several of the Big Five have regular ad campaigns in place, which allows them greater exposure (they hope) to their target audience.If you are thinking of advertising there are a few things you should keep in mind. Since accounting firms offer a service and not a product, the approach to advertising may be slightly different.
Technology

Swimming Through the Sea of Software

Software needs seem to change as quickly as new software is developed. In fact, it’s often hard to determine whether you needed the new software before you saw it or realized that’s what you need after the fact. Once you know what you want to do, it’s time to figure out what will work out best for your individual business situation.This is the tricky part because as business grows, you need to continue taking care of all the regular daily chores of making sure your finely tuned instrument continues to run.
Technology

Intuit Launches Online Marketplace

Intuit has announced it will be partnering with vendors such as Office Depot, Gateway and Ralph’s Electronics to offer discounts up to 40 percent on various products offered on the site. The company will make its money by charging commissions on each transaction.

FCG Holds University for BV & IP Engagements

The Financial Consulting Group held its FCG University, Sept. 9-10 in Dallas, to provide targeted CPE to its members in the area of intellectual property and related services.'FCGU is a terrific program for our members because it delivers a hands-on, team approach to solving complicated IP issues for their client base,' says Larry R. Cook, CPA/ABV, CBA, president of FCG and his own firm in Houston.
Technology

AmEx Increases Security for Online Purchases

Even though rumors have circulated for years that buying goods and services online isn't secure, most everyone who does shop with their credit cards over the Internet has not ever had a problem. Still, companies are searching for that next level of security that will ease the minds of wary consumers and businesses alike.To come to the rescue, American Express has created its new Private Payments services. A free service, AmEx customers will be issued a number that can only be used one time for purchases versus using the regular credit card number.
Community News

Andersen Sponsors Students' High-Tech Start-ups

Arthur Andersen, LLP has agreed to be the lead sponsor of programs supporting student high-tech start-ups.The firm has partnered with StartEmUp, an organization that helps students bring Internet businesses to fruition.As a part of the arrangement, Andersen is lending its name to StartEmUp's JumpStart 2K Campus Conferences and contests.
Community News

HP May Acquire PricwaterhouseCoopers' Consulting Biz

The hottest accountancy news this weekend was the revelation that computer and printing equipment giant Hewlett-Packard was in talks with PriceWaterhouseCoopers to buy its global management consulting business in a deal estimated to be worth $17 to $18 million.This move may be a direct result of the recent rulings promulgated by the Securities and Exchange Commission regarding the separation of audit and consulting serv
Tax

Link to New Per Diem Rates

The IRS recently released new per diem rates for travelers. These rates are effective October 1, and may be used in lieu of previously published year 2000 rates. Taxpayers who prefer to use the previous rates may do so until December 31, 2000.The complete table of rates by city is available for downloading or online perusal.
Technology

Domain Names for Sale?

Just when you thought all the good domain names were gone, you’ve got another chance. The International Corporation of Assigned Names and Numbers (ICANN) has announced that it will be accepting applications and a non-refundable fee of $50,000 for expanding the Web to feature site suffixes other than .com, .net and .org.The public will have the opportunity to comment on proposals until the cut-off date of Oct. 2. After that, the finalists will be announced in November.

F9 CREATES enhanced financial reporting Solution for Adonix X3 ENTERPRISE SOFTWARE

Pittsburgh, Pennsylvania, September 01, 2000 – Users of the Adonix X3 enterprise information management software can now easily customize financial reports that incorporate live data from their general ledgers -- without leaving their spreadsheets.
Tax

Estate Tax Repeal Officially Dead

Members of the House of Representatives voted Thursday in an attempt to override President Clinton's veto of the bill that would repeal the federal estate and gift tax.The vote fell 14 votes short, largely due to votes from Democrats who were not present last spring for the original vote on this bill in the House.This marks the official end of this bill as an override vote was necessary from both the House and the Senate to kill the veto.

Excel Tip: Ten Tips for Working With Multiple Sheets

There are several tricks and shortcuts you can employ when you want to use multiple sheets within one workbook. Here are a few of our favorites - feel free to add a comment and share your own tricks with the crowd!Insert new sheets.Are you unhappy because only three sheet tabs appear at the bottom of your screen? Choose Insert, Worksheet from the menu and add another (and another, and another…). To speed things up a bit, click on Sheet1, hold down Shift, click on Sheet3 and three sheets are selected.

AccountingWEB Weekly News Wrap-up - Issue 59

The AccountingWEB Friday Wrap-Up Newswire - Issue 59September 8, 2000Members Logon to http://www.accountingweb.com for full access to all our resources.Don't know your Logon Membership Details?Go to ht
Tax

Roth and Retirement Plan – the Names are Synonymous

William Roth will go down in history as the man who made America save for its collective retirement. After giving his name to the phenomenal Roth IRA, you’d think he could rest on his laurels and, well, retire. Instead, Roth has a new Roth baby in the works.The plan, unveiled in the Senate on Wednesday, would raise contribution limits for both regular IRAs and 401(k) plan.

Is Accounting A Prestigious Profession?

Accountants aren't dead, but they are dead last in terms of perception of "prestige" by adults. A new Harris poll found that the accounting profession carries little 'prestige' compared to doctors, teachers, bankers and even the legal profession.The telephone survey was conducted in August among 1,010 adults.

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