News

KPMG Consulting Involved in $50 Million Lawsuit

CarsDirect.com has filed a $50 million lawsuit alleging that KPMG Consulting "knowingly misled" the online auto store about customer-tracking software, the LA Times reports.The Internet firm says that KPMG, which had advised CarsDirect.com to change its customer-tracking software to a more advanced system, caused "significant operating losses" at the firm.KPMG plans to defend itself, the newspaper reports, and demand the online firm pays the outstanding $1.2 million balance on its bill.

Creating Effective Resumes

Robbie Kaplan, author of "Sure-Hire Resumes" and "Resume Shortcuts: How to Quickly Communicate Your Qualifications with Powerful Words and Phrases" presented an online workshop that provided participants with key information on how to craft resumes.Ms. Kaplan pointed out the fact that resumes can do much more than just help you secure a new job.

Creating Effective Resumes, with Robbie Kaplan

AccountingWEB Workshop: November 28, 2000Presenter: Robbie Kaplan, author of Sure-Hire Resumes and Resume Short-Cuts: How to Quickly Communicate Your Qualifications with Powerful Words and Phrases.
A&A

Company Alcohol Policies? Holiday Regrets!

More often than not the issue arises because someone gets hurt due to alcohol consumption in a work-related situation.Employers could end up with legal troubles unless the company can show that it had no control over the situation and had no reason to assume it would occur.

Over 200 Attend Deltek® Sema4 2000 User Conference

Semaphore Customers Reassured by Deltek’s Commitment to a Smooth Transition and Support for the Long TermMcLean, Virginia, September 28, 2000, Deltek® Systems, Inc. (NASDAQ: DLTK). Deltek held its Deltek Sema4 2000 User Conference this week in New Orleans, featuring over 50 sessions on everything from activity-based accounting and revenue recognition to project management report design. Semaphore, Inc., a provider of professional services financial and project management systems, originally developed the Deltek Sema4 software product line.

Deltek To Host Professional Services Automation Seminars

McLean, Virginia, October 2, 2000, Deltek® Systems, Inc. (NASDAQ: DLTK). Deltek, a leading provider of enterprise software, solutions and consulting to more than 7,500 professional services firms worldwide, today announced that the company is hosting professional services automation (PSA) seminars in six U.S. cities this fall.

Deltek Customers Account for 72% of the ENR’s Top 500 Design Firms

McLean, Virginia – October 11, 2000 – Deltek® Systems, Inc. (NASDAQ: DLTK) (www.deltek.com). With the most recent release of the Engineering News-Record’s (ENR’s) Top 500 Design Firms (ENR Top 500), Deltek customers now account for 72% of the firms making the list, and 94% of these customers use two or more Deltek products.

New Products Deliver Front Office Automation

McLean, Virginia – November 1, 2000–Deltek® Systems, Inc. (NASDAQ: DLTK) (www.deltek.com). Deltek today announced the upcoming general release of Deltek CRM for sales force automation and customer relationship management, and Deltek Proposals for proposal generation and tracking automation in professional services and other project-based organizations.

Deltek To Showcase New Front Office Applications

McLean, Virginia, November 9, 2000, Deltek® Systems, Inc. (NASDAQ: DLTK). Deltek will hold the Deltek RFP User Conference from Sunday through Tuesday next week in St. Petersburg, Florida, featuring intensive workshops on everything from mastering customer relationship management and opportunity tracking to automating a firm’s proposal process. A/E Management Services, Inc., formerly a provider of marketing, proposal and tracking automation software, originally developed the RFP GenTrak™ 2000 product line.
Technology

PowerPoint Tip: Improving Overall Design

This is the first in a series of PowerPoint tips written by Scott Stein, PowerPoint consultant.Consistently, I get questions about how to make a presentation look better. A trainer recently commented to me that her PowerPoint backgrounds "look like a 3rd grader made them." To create attractive presentations, PowerPoint users must have a good sense of font use/selection, color compatibility, and art and animation use.

Who Was the President-Elect When You Went to Bed?

Will we ever have a Presidential election to top the 2000 election? Even accountants got involved as members of the Florida firm of Johnson Lambert & Co. helped test the accuracy of machine vote counts.The U.S. Supreme Court added its voice to the controversy over who will become the 43rd president of the United States by agreeing to hear arguments and then making its ruling.The Court considered the issue of whether the Florida Supreme Court violated provisions of federal law and the U.S.
Technology

New Domain Names May Cost $75,000 to Maintain

The addition of new high-level domains (.biz, .info, .name, .co-op, .pro, .museum, .aero), and the ongoing exploitation of over 150 existing domains, will force the average Global 2000 organization to register at least 300 name variants by 2001. These findings by Gartner Group are particularly relevant since the Internet Corporation for Assigned Names and Numbers recently announced seven new top-level domains. "Organizations have mistakenly assumed that having a domain name with 'dot-com' was enough.
Technology

Notebook Computers are Popular Holiday Gifts

While retailers expect sales of desktop PCs to once again surge during the holiday season, more and more consumers will be looking at notebook computers, instead, as a more-than-viable option to the desktop unit.After all, notebooks have come down in price over the last several years, and their portability cannot be matched by a desktop unit. They have all the bells and whistles associated with larger units, and are tight and compact in size and weight.MSNBC has analyzed several notebooks for consideration, including brands from IBM, Compaq, Dell, Toshiba and HP. Check it out!
A&A

E-Payments at Forefront of Citigroup/AOL Alliance

Nowadays, if you owed a friend money, you would either pay that person in cash or write him or her a check, right?In the near future, the whole scenario could change, based on talks between online provider America Online and banking giant Citigroup.The two companies predict e-payment is about to become mainstream as the two work to set up a way to transfer electronic payments to individuals through online banking.
Tax

Seven Group Members Indicted in Tax Evasion Scheme

On Monday, seven members of the Oregon-based Christian Patriot Association (CPA?!) were indicted for committing acts of conspiracy against the Internal Revenue Service.The group had set up an illegal banking scheme in which almost 1,000 people hid assets of $200 million from the IRS.
Tax

New Capital Gains Tax Rates Effective 1/1/01

The capital gain tax rates are due to be decreased effective January 1, 2001, but only taxpayers with stock that has been held for more than five years will be affected by the change. Capital gains are profits on the sale of items held for investment, such as stocks, bonds, household furnishings, vehicles used for personal purposes, and real estate (although if the real estate you sell is your personal residence, the gain may not be subject to tax). Special rules apply to gains on the sale of certain items that are considered to be collectibles.
Technology

Electronic Postage Debacle: E-Stamp Calls it Quits

News abounded over the Web during the last several months regarding electronic postage providers, especially Stamps.com, which laid off a substantial number of its workforce.Based on valuation of Internet companies and regulation, E-Stamp Corporation has announced its plans to switch the company's business strategy away from Internet postage to Web-based shipping and logistics.
Community News

Katz Sapper Miller to buy Firm Back From H&R Block

Twenty four months after a landmark acquisition by H&R Block of KSM Business Services, Inc., an agreement in principle has been reached to sell the subsidiary back to the partners of Katz, Sapper & Miller for $25 million.KSM Business Services was formed in 1998 to allow H&R Block to acquire the non-attest assets of the 48th largest CPA firm in the USA, Indianapolis-based Katz Sapper Miller.KSM Business Services was the third of seven regional accounting firm acquisitions made by H&R Block prior to its acquisition of the non-attest assets and business of McGladrey & Pullen, LLP, the seven
Technology

Block Customers to get MSN Rebate

This spring, certain H&R Block tax customers will receive an opportunity to save money on monthly dial-up Internet service offered by the MSN network.The traditional $21.95/month fee charged by MSN is the same price offered to anyone else, but because of the new arrangement, Block customers who are part of this promotion will receive a special CD entitling them to a $300 rebate on MSN dial-up services if they commit to a three-year contract.The rebate is part of a new partnership between the two companies in an effort to cross-sell each other's products.
Technology

FiNetrics and Financial Keyosk Announce Alliance

CHICAGO - November 27, 2000 - FiNetrics Inc., a business service provider (BSP) developing an integrated and comprehensive suite of financial applications and services for emerging and medium-sized businesses, and Financial Keyosk, a unit of Zurich Insurance Agency Inc., today announced an alliance which will offer FiNetrics' high-growth clients with convenient online access to Financial Keyosk's commercial insurance products from leading insurers.

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