News

Community News

Showdown with the SEC

Representatives from CPA firms, educational institutions, and accounting regulatory agencies will present testimony today before the Securities & Exchange Commission in an attempt to have their say about the proposed guidelines to limit the auditors’ scope of services.

Litigation Specialist Named to top Spot at CALCPA

The California Society of CPAs has named Donald L. Gursey president of the organization.A Los Angeles CPA with the firm of Gursey, Schneider & Co., LLP, he has conducted audits of companies in the insurance and entertainment industries, and has been appointed by the U.S.

Low Unemployment Isn't Good for Everyone

We usually think of today's four percent U.S. unemployment rate as a good thing, right?Not always. Few realize that four percent equals 5.6 million Americans who are without a job. Critics are sharp to criticize that anyone--these days--can find a job, but in some cases, this may not be true.'Americans, particularly those who graduated a number of years ago, face structural unemployment where the skills possessed do not match the skills needed to fill the positions that are vacant,' says Dr. Steven E.

10 Steps to Implementing a Client Service Strategy, with Stephanie Leon

Session Moderator: Good afternoon everyone! Welcome to our workshop. Today, Stephanie Leon is going to take us through an informative hour.Before I introduce Stephanie, I want to encourage you to join in on the discussion.Stephanie Leon is an East Coast transplant, born and raised in northern New Jersey. After completing her MBA at Seton Hall University, she packed her bags and moved to the West Coast. At this time she thought long and hard about what she really wanted to do with her professional life.

Schedule of Witnesses for Wednesday's SEC Hearings

SEC Announces Schedule of Witnesses for Public Hearing on AuditorIndependenceSchedule of AppearancesPublic Hearing - July 26, 20009:00 am - 5:30 pmAs previously announced, the Commission is holding a public hearing on Wednesday, July 26, in connection with its proposed rule amendments regarding auditor independence. The hearing will take place in the William O. Douglas Room of the Commission's headquarters at 450 Fifth Street, N.W., Washington, D.C. 20549.
Community News

KPMG Slams 'Irrelevant' SEC Auditor Independence Rules

KPMG has attacked the Securities & Exchange Commission's rulings for auditor independence as "irrelevant and based entirely on misperception" on the eve of a public hearing looking into the proposals.The SEC is due to hear evidence from leading figures from the profession, including representatives of KPMG, Arthur Anderesen and Deloitte & Touche, in a marathon event scheduled for this Wednesday in Washington DC.Neil Lerner, head of European Risk Management at KPMG UK, said that the SEC's actions would be disastrous for the major fir
Practice Management

Seminars: Let’s Get the Word Out

Seminars are a great way for accounting firms to introduce a new service, educate on a current service or inform clients on an issue that may be very pertinent to their financial situation. However, often times the message misses its mark due to an unsure approach to the audience and lack of follow-up. The following are a few ways to update your checklist for ensuring greater success with your own seminar.Make sure your audience is appropriate for the topic. Not everyone on your client list is meant for every subject or service your firm hosts seminars on.
Practice Management

Ready, Set, Market!

So you’ve decided it is time to add a marketing director to your staff. Before you bring your new marketing director on board there are a few things to take into consideration. Currently, the shelf life for an accounting firm marketing director is about 13 months. The following might help you keep your marketing director beyond the current attrition rate.Make sure that the consensus among your partner group is one of a positive nature when it comes to bringing this individual into your firm. While not everyone will agree, it’s important that the majority do.

Deltek Releases Costpoint® Interface For Exchanging Project and Financial Accounting Data With Prolog Manager™

Sacramento, California, July 25, 2000, Meridian Project Systems; McLean, Virginia, July 25, 2000, Deltek Systems, Inc. (NASDAQ: DLTK). Costpoint, Deltek’s leading project accounting and job cost application suite, is now linked through an exclusive data exchange interface with Meridian Project Systems’ (MPS) Prolog Manager™, a project management software solution for the architecture, engineering and construction (A/E/C) industry.
Technology

Clear the Decks! I've got too Much Email!

Employees in companies, those working from home or anyone ... anywhere else for that matter, are screaming in protest of too much email!All of us agree technology is a good invention, but sometimes, too much email is a real time-waster, and a way to remain truly unproductive. You think you've got it bad? Take a look at a few examples. The Washington, D.C.
Community News

ACCPAC Increases Market Share With SBT Acquisition

ACCPAC International, Inc. just announced that the company has fully acquired SBT Accounting Systems.'In today's marketplace, everybody is facing critical resource shortages, particular in current technologies,' says Colorado CPA Wayne Harding, vice president of Outsourcing Services for Great Plains. 'It makes sense to take redundant efforts, particularly in companies who have the same kind of strategy, and merge them together.'Toronto-based Robert Lavery, vice president of Strategic Alliances for ACCPAC, agrees.
Community News

Andersen Hires Top Gun Lawyer to Fight SEC

In the wake of the highly publicized conflict-of-interest hearings by the Securities and Exchange Commission to limit the activities of auditors offering audit and consulting services, Arthur Andersen has engaged the services of Attorney David Boies and his colleague, David Barrett.A trial lawyer working for the U.S.
Tax

IRS Backing Away from Traditional Collection Efforts

If the statistics coming out of Illinois hold true for the nation, it would appear that the IRS is backing off on collection attempts.
Technology

Is That a New Hat, or a Computer that You’re Wearing?

The desktop computer on which you are probably reading this story may soon become an unwieldy artifact of the past as computer developers are coming up with more and more ideas for changing the way in which we look at and use computers today.Handheld computers are only the beginning. Look for computers to appear in the guise of mobile phones, watches, in the guts of cars and household appliances, and even as an add-on to your wardrobe. Not only will computers be everywhere, but they will be networked.
Practice Management

Expand Your Accounting Practice with Virgos

Today's horoscope, as reprinted in the Washington Post, indicates that Virgos are in need of reviewing their accounting methods. Check the birthdates of your clients -- you may find that some of them are expecting your call!

Accountants Struggle to Measure Human Worth

Traditional methods of accounting don't begin to capture the value of knowledge, relationships, and intellectual property that exist in today's business environment. Employees are hired and retained, not just for the hours of robotic-type service spent on an assembly line, but for the intrinsic value they bring to a company through their brain power, connections, skills, and personal resources. Barry Libert, a director with Arthur Andersen, sees the traditional accounting methods as being outdated for the New Economy.

Mortgages – More than Just a loan!

Purchasing a home is one of the most important investments an accountant’s client will ever make. Choosing the right mortgage and mortgage vendor is critical. With today’s innovative investment opportunities and complex tax environment, choosing the right mortgage financing can optimize your client’s portfolio, and decrease his or her tax liabilities. Each client’s mortgage needs must be integrated into their overall financial plan.
A&A

Tips for Maximizing Home Office Phone Lines

Telecommuting and the home office are popular staples in today's business marketplace, but how wisely are you using your telephone lines? Chances are, you're not being as productive as you could be when it comes to the ins and outs of home wiring and line details.Here are some tips for productivity: ISDN is Possible - ISDN isn't only for the standard office environment. However, you'll need two lines to make an ISDN connection to the Internet.
A&A

The MBA: Still an Entree to Upper Management

An MBA or advanced degree may just be the ticket to the top, according to a new survey released by Accountemps, a division of Robert Half International.An overwhelming 80 percent of respondents felt that an advanced degree was very important or somewhat important as a way to be heard by top management in companies across the nation.The survey was compiled from 150 responses among the nation's 1,000 largest companies.
Tax

Effect of Marriage Tax Cut on $1.8 Trillion Surplus

Last week's vote to send tax cut legislation for married couples to the White House for consideration has fueled yet another battle between Democrats and Republicans in a very important election year.Democrats who voted against ending the marriage tax penalty are concerned that the passing of the tax cut will use up all of the projected 10-year, $1.8 trillion surplus.

Pages


Already a member? log in here.