News

New Rule Divides Wall Street

The Regulation Fair Disclosure rule (Reg FD) went in effect on Monday, October 23, 2000. US markets began a new period of open and fair communication. At least that is what regulators hope! Wall Street met this new rule against selective disclosure leaks with divided opinions.The Regulation Fair Disclosure (Reg FD) rule is intended to level the investment playing field for the small investor. This regulation will aim to eliminate some of the advantages securities analysts and institutional investors have.
Technology

The Tale of the Portal: Who Survives?

If CPAs and accounting professionals are like every other profession, members have sought out the likeness of the 'portal,' or gateway to the Internet, to perform a variety of tasks.According to a new report from MSNBC, the news service believes there are only three viable players left in the portal business: Yahoo!, MSN and America Online. Why?The financial impact, mostly.

FASB Creates Possible Solution to Debt vs. Equity Issue

With venture capitalists still running amok to fund start-ups and other endeavors, the accounting rules applying to debt versus equity have been under scrutiny for some time.Late last week, the Financial Accounting Standards Board (FASB) proposed a solution to the rule: it would establish standards for accounting for financial instruments with characteristics of liabilities, equity or both.The new rule also would establish standards for certain issues related to accounting for the non-controlling interest in a consolidated subsidiary.
Technology

Smelly Computers Add Atmosphere to Workplace

Forget to splash on some cologne this morning? No problem - just choose an aromatic scent from the Internet and stay close to your computer. Office getting a little stuffy on a hot summer day? Kick on the cool scent of an evergreen forest and close your eyes. The office may never smell the same again thanks to the efforts of California-based DigiScents, a company that plans to bring smells to computer users via the RealPlayer program.

Retired U. of Arkansas Prof Receives Endowed Chair

Fifty years as a teacher can either make or break a person. 'Make' is certainly the road of choice in the case of Doris Cook, a retired accounting professor at the University of Arkansas, who just received an endowed chair from the Sam M. Walton College of Business Administration.Cook's career began at a time when many women didn't enter the accounting profession, much less teach it for half a century.
Technology

Microsoft's Rent-a-Program Set to Launch

Beginning in November, Microsoft will make its products available on a per use basis in the new easyEverything café set to open in New York City's Times Square.

Grammar 101: Basic Rules of Capitalization - Part I

Below are some basic rules to capitalization. The first word in every sentence.The first word in a direct quotation.Every line in a poem.Each item displayed in a list or outline: 1. Quality Control. 2. Marketing. 3.

Managing Your Workforce!

The U.S. Department of Labor has prepared a new manual for a national system of employment and training services for the America's Workforce Network. Managing Your Workforce is designed to meet the needs of the new economy and bring workers and employers together. The U.S. Department of Labor has prepared a Tool Kit that can assist you in training and mentoring workers you already have or you are planning to recruit.

AccountingWEB Weekly News Wrap-up - Issue 66

The AccountingWEB Friday Wrap-Up Newswire - Issue 66October 27, 2000Members Logon to http://www.accountingweb.com for full access to all our resources.Don't know your Logon Membership Details?Go to htt
Community News

Andersen Consulting to Become Accenture in New Year

Effective January 1, 2001, Andersen Consulting will go by the new name of Accenture, the firm announced on Thursday. The change in name was forced on the firm by the divorce arrangements brokered in August by the International Chambers of Commerce.
Technology

Marketing Your Web Site

AccountingWEB was fortunate to host Glen Christopher, Internet consultant, in a live workshop that focused on techniques for marketing your web site.Mr. Christopher provided many tips for gaining web site visibility, including these six strategies:1. Use e-mail and e-zines2. Participate in chat groups and forums3. Include your web site address on all business cards and correspondence4. Partner and exchanges links with other sites5. Seek out banner ad bargains6.

Advising Your Clients on Section 529 College Savings Plans, with Joe Hurley

Session Moderator: Welcome everyone and thank you all for coming today.Joseph F. Hurley, CPA is a certified public accountant with over 20 years of experience in providing tax-planning services to individuals, corporations, and tax-exempt organizations. As a partner at Bonadio & Co., LLP, a 100-person CPA firm headquartered in Pittsford, New York, Joe has had overall responsibility for the firm's delivery of tax services to its clients. With the support of his firm, Joe founded SavingForCollege.com LLC in May 2000.

Excel Tip: Place Column and Row Titles on Multiple Pages

You can lock in column and row headings so that they repeat page after page and you won't have to reenter them at the top of each page. Follow these steps to set up repeating headings:First, choose file, Page Setup from the menus, and click on the Sheet tab.To assign rows that will repeat at the top of each page:Click in the Print titles area of the Page Setup/Sheet screen.Click on the row number of the row from your worksheet that contains the column titles that should repeat.
Practice

Advising Your Clients on Section 529 College Savings Plans

Joe Hurley, founder of savingforcollege.com, and author of "The Best Way to Save for College - A Complete Guide to Section 529 Plans," presented a live workshop at AccountingWEB on Thursday, October 26.Among other things, Mr.

On-Line Resource Dictionary!

Even the best of writers in our profession occasionally need help. Choosing the right word when trying to communicate on paper can be a challenge for even the best communicators. Many words like "affect" and "effect" can be mixed-up with the other. When you need assistance in preparing a letter, a proposal or any other type of business correspondence, make sure the words you choose are exactly what you are trying to communicate.

Microsoft Revamps Certified Solutions Provider Program

To help deal with some of the confusion surrounding failed dotcoms, the booming ASP (Application Service Provider) marketplace and its own .NET strategy, Microsoft has announced that it has re-engineered its Certified Solutions Provider Program.The announcement was made at the fall Internet World show in New York City. The new name is Certified Partner and the name was chosen in support of the company's huge network of partners and its ongoing relationship with them to foster business.In fact, Microsoft also announced it will invest more than $1 billion in partner relationships in 2001.
Tax

Election 2000: How are Singles Affected by Tax Issues?

With the presidential election less than two weeks away, it seems that both candidates may have overlooked a significant section of the population - single adults, 25 to 64 years old.The realization that Governor George W. Bush and Vice President Al Gore are concentrating their tax-break strategies on working families and the elderly became evident during last week's debate in which a young woman asked a question during the town hall meeting pertaining to tax breaks for her demographic set.Neither candidates respond very well.

Marketing Your Web Site

AccountingWEB was fortunate to host Glen Christopher, Internet consultant, in a live workshop that focused on techniques for marketing your web site.Mr. Christopher provided many tips for gaining web site visibility, including these six strategies:1. Use e-mail and e-zines2. Participate in chat groups and forums3. Include your web site address on all business cards and correspondence4. Partner and exchanges links with other sites5. Seek out banner ad bargains6.
Community News

Spotlight on Clark, Schaefer, Hackett & Co.

AccountingWeb ProfileClark, Schaefer, Hackett & Co.Clark, Schaefer, Hackett & Co.: An Accounting Firm That Sweats the Small StuffThe staff in most of the larger accounting and consulting firms would readily admit—off the record, most likely—that their firm is too bogged down in increasing the bottom line to factor in the care and feeding of its employees as an integral part of the firm.

Kathy Eddy Takes over Helm of AICPA

Kathy G. Eddy was inaugurated this week as Chair of the AICPA's board of directors, replacing Robert K. Elliott. The announcement was made at the Las Vegas meeting of the 350,000 member organization.Coming from a small firm herself, Kathy Eddy is determined to make the AICPA seem like home to CPAs and firms of all sizes.

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