News

Technology

Melissa Virus on the Loose Again

Anti-virus software provider Sophos, has issued an alert that they have received several reports of the Melissa-X virus (alias W2001MAC/Melissa.W-mm, WM97/Melissa-X, Mid/Melissa-X, ANNIV, ANNIV.DOC) in the wild. This is a variant of the MS Word macro virus that hit the headlines a year or so ago.Melissa-X is an infected Microsoft Office 2001 file (Office 2000 for Macintosh). It appears that this virus variant came about when a Macintosh user who had a file infected with WM97/Melissa-X, saved it using Office 2001.
Community News

Arizona Lawsuits Persist Against Arthur Andersen

Arizona's Corporation Commission has joined the group of those who are taking the Arthur Andersen company to court over its audit of the Baptist Foundation of Arizona.
Tax

Tax Tip: Navigating the IRS Web Site

Need a tax form? Have a question about changes to tax law? Want to find the nearest IRS walk-in site? Now anyone with a personal computer and Internet access can point and click their way to trouble-free tax filing at www.irs.gov.The award-winning IRS Web site at www.irs.gov offers a wealth of resources for making tax time, well, a little less taxing. A user-friendly format allows even novice web surfers to quickly find the information they need.
Tax

File W-2s and 1099s Online - Quickly and Inexpensively

You can file Federal and State W-2, 1099, and 941 forms online at filetaxes.com. For the low fee of $3.49 per form, filetaxes.com you can prepare these forms online and file them with the proper tax authorities completely over the Internet.
Community News

KPMG Faces Class Action Suit

Shareholders from Lernout & Hausie are to launch a class action suit against auditors from KPMG, according to a report in the Financial Times.The suit will claim that the auditors should have been aware of problems with the speech recognition software group's accounts.L&H filed for bankruptcy in November after restating results for 1998, 1999 and the first half of 2000.

Microsoft, Thomson Invest in Cpa2biz

The controversial for-profit Web site that is in the works over at the AICPA has just announced what many have been speculating all along - that leading Internet technology and information solutions companies Microsoft and The Thomson Corporation are investors in the service.
Community News

Centerprise Acquires Great Plains Partner

Confirming its commitment to providing an array of professional services to middle-market companies in geographically diverse regions, Centerprise Information Solutions (CIS) acquired Houston-based FinAcc Resources, a prominent Great Plains Partner, owned by Margarett J. Foster. The acquisition will add six professionals and over 100 clients.
Tax

Tax Tip: Charitable Contributions

When preparing to file your 2000 federal tax return, don't forget your contributions to charitable organizations. Your donations can add up to a nice tax deduction if you itemize on IRS Form 1040, Schedule A. Here are a few tips to help make sure your contributions pay off on your tax return. To be deductible, contributions must be made to qualified organizations. Organizations can tell you if they are qualified and if donations to them are deductible.
Technology

Find Out Easily How Your Word Document is Formatted

Have you ever found yourself struggling to figure out the formatting in a Microsoft Word document? Those of us who are former WordPerfect users remember the Reveal Codes feature that allowed us to view the codes that control the formatting in a document. Perhaps you think Word doesn't provide this feature.

AccountingWEB Weekly News Wrap-up - Issue 78

The AccountingWEB Friday Wrap-Up Newswire - Issue 78January 19 2001Don't know your Logon Membership Details?Go to
Education & Careers

Telecommuting and the New Workplace - DOL Overview

The U.S. Department of Labor has issued a paper on the impact of telecommuting in the U.S. The paper, called "Telework and the New Workplace in the 21st Century," presents the work of scholars, economists, social scientists and others who were present at a symposium conducted by the DOL last October. The paper outlines three issues of telecommuting. They include telework's potential to help employers address the skills-shortage, its potential to help workers meet family obligations, and its potential to help society achieve greater workplace diversity.
Community News

KPMG Raises Price, Cuts Shares for IPO

Reuters is reporting that KPMG Consulting Inc.
Education & Careers

Tailor Your Day for Productivity - Focuser or Juggler Quiz

Knowing your work style, and personal patterns is essential in managing your day-to-day activities. How you balance your daily activities is crucial for the upcoming tax season, or as you prepare for entry into the accounting profession. Some people are focusers - they work best when they focus on one project at a time until it is completed. Some people are jugglers - they work best with several projects going at the same time.
Community News

PWC Lands High Profile Client Advisor

Bill Archer, former chairman of the House Ways & Means Committee and Texas Congressman for the past thirty years, has joined PricewaterhouseCoopers as a senior policy advisor. Archer will provide advice to the firm's clients on Federal policy matters and will also focus on trade and international tax issues. He will work with the firm's international offices and global clients on a wide variety of issues facing multinational corporations.Archer will be based in Washington, DC in the firm's Washington National Tax Services (WNTS) practice.
Workplace Fitness

Stressed Out? Take a Break!

Don't let busy season get the best of you. AccountingWEB has assembled some of our favorite articles and resources that may help you beat the blues and stay healthy and happy during the final weeks ahead. Busy Season Stress BustersMore Busy Season Stress BustersPower Napping and Relaxation Tips!

Three New Partners Add Functionality to Intacct

Leading provider of web-based accounting service extends cost savings through partnerships with Inductis, RecoverDebt.com and Perfect PortalJan. 9, 2001 (Los Gatos, Calif.) – Intacct Corporation, the leading provider of professional-strength, web-based accounting and related online business services, today announced three strategic partnerships that extend the cost-savings and convenience of the Intacct accounting service to other key business functions.
A&A

Providing Financial Services - Avoiding The Ten Traps

A few years ago, one of my clients decided to get into the lucrative business of financial services. After all, financial services companies have been competing with CPAs in the accounting and tax business for years. Partners selected one owner to become the financial services “guru” for the firm.
Community News

Accounting Issues in Government Contracting, with Ron Crowe

Accounting Issues in Government ContractingPresented by Ron Crowe of DeltekJanuary 18, 2001Visit the AccountingWEB Workshop Calendar for upcoming sessions.Summary"Accounting Issues in Government Contracting" addressed these points and more: Tracking of costs according to federal government requirements Differences from standard cost accounting Contractor accou

FMLA - Balancing the Needs of Families and Employers

A recent Department of Labor report released January 9th, 2001, assessed the overall effectiveness of the FMLA in “meeting the needs of employees without imposing undue burden on employers”.
Community News

Veteran Consultant Don Istvan Has Died

Donald Istvan, a consultant to the accounting profession for many years, has died at age 69 at his home in Barrington, Illinois.Born August 15, 1931 in Cleveland, Ohio, he passed away Friday, January 5, 2001 at home. From 1972-1992, Don was a professor at the DePaul University School of Accountancy who taught the basics of accounting to first-year students. He was also President of D.F. Istvan Associates, Inc., a consulting company, until his retirement in 1995.

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