News | AccountingWEB



Business Model Key to E-Commerce Survival

As anyone knows who follows the demise of Internet-based businesses, more often then not, these failed companies did not have a solid infrastructure, hired too many people too quickly or generally lacked customer service skills to get the job done right.A solid business model should be the number one objective, according to CFO Paul Williams of Cyberian Outpost, a vendor of software, hardware and electronics.

Ten Million People Worth More Than $1 Million - EACH!

The sheer numbers are staggering. A new report from Arthur Andersen finds that there are approximately 10 million individuals across the world with assets worth more than $1 million, each.This and other findings are part of a new study conducted by Andersen called the High-Net Worth (HNW) report.

The Importance of Advanced Degrees

The Importance of Advanced DegreesAccountingWEB Workshop Presented by: Rob Chabot, M.Acc., Academic Program Coordinator, Master of Accounting program, The Max M. Fisher College of Business, Ohio State UniversityOn Wednesday, November 29, Rob Chabot presented an interactive workshop on advanced degrees in accounting. Workshop topics included: The vast majority of states in the U.S.

Deltek Announces Deltek Costpoint 4 For The Web

McLean, VA – October 30, 2000 – Deltek Systems, Inc. (NASDAQ: DLTK) ( Deltek today announced plans to deliver the next generation of Deltek® Costpoint® that will enable customers to leverage the full power of the Internet. Deltek Costpoint 4 will introduce a browser-based, n-tier technology that is the basis for a myriad of new applications being written for the Web, using Java™ and Enterprise JavaBeans™ ¾ industry standard technology for building enterprise Internet solutions.

Brogan Van Kleef

Brogan Van Kleef,Director and Independent Associate with Pre-Paid Legal ServicesWorkshop Presenter: Thursday, November 30, 2000Workshop Topic: Providing Benefits That Can Really Help Your EmployeesBrogan Van Kleef has been on the professional staff of two of Dallas's largest CPA firms as a tax accountant. She has also been the Director of Human Resources for a top Dallas CPA firm.

Providing Benefits That Can Really Help Your Employees

Providing Benefits That Can Really Help Your EmployeesPresented by: Brogan Van Kleef, Director and Independent Associate with Pre-Paid Legal ServicesAccountingWEB workshop, Thursday, November 30Participants in this workshop learned: How to use legal plans as an employee benefit to enhance employee productivity. How to use legal plans as a recruiting tool and a tool to retain great employees. Explored various ways to finance legal plans at little or no cost

Still Counting: CPA Firm Joins Florida Ballot Count

Judicial Watch, the independent watchdog group, has been authorized by Palm Beach County Circuit Court Judge Jorge La Barga, to access and count the county's disputed presidential ballots, including oversees absentee ballots. Over 400 citizens from across the country are joining the effort, converging on Palm Beach County to scrutinize the ballots.The non-partisan group, Judicial Watch, will use statistical and accounting techniques, with the aid of members of the local Johnson Lambert & Co.

IRS Announces New Employment Tax Deposit Rules

Under previous law, businesses with employment taxes of less than $1,000 per quarter could make their tax payments quarterly, while other businesses make more frequent tax deposits. Now, starting January 1, 2001, businesses with employment taxes of less than $2,500 per quarter will be able to make quarterly payments, instead of the monthly payments they were making previously."The new standard will reduce the paperwork and red tape that small businesses face," according to IRS Commissioner Charles O. Rossotti.

New ERISA Update! Patients' Bill of Rights!

The Employment Retirement Income Security Act (ERISA) of 1974 has been revised to include a final regulation that will change the minimum requirements for benefits claims. The new regulation is effective 1/20/01 (is it a coincidence that this occurs on Innauguration Day?).The new regulation establishes new standards for processing claims under group health plans and plans providing disability payments.

Ad Firm Closes After Audit; CFO Kills Himself

The Dallas-based advertising firm of Berry-Brown has suffered more than their share of losses. A story that ran in this week's Dallas Morning News confirmed that the 23-year-old firm has dismissed all 46 employees and has closed its doors, all thanks to an audit that revealed $6.25 million in missing funds.To add to the woes, the audit also uncovered the fact that the CFO, Philip Schieber, had embezzled the money before killing himself last month.
Community News

Name Change, Affiliation Part of BMF's Strategy

The Akron, Ohio-based accounting firm of Bober, Markey, Fedorovich & Company recently changed its name and announced a new affiliation with the Financial Consulting Group, L.C. (FCG).The firm added the name, Fedorovich, last month to reflect the contributions made by Managing Partner, Rick Fedorovich. The affiliation with FCG is a result of the firm having built a strong business valuation and litigation practice during the past few years.
Community News

KPMG Named Leadership Partner to U.N. Initiative

Here’s a feather in the KPMG hat: The accounting firm and its 25,000 partners and employees across the United States was named a Leadership Partner in the International Year of Volunteers celebration in the United States, or IYV 2001 US.KPMG will partner in all activities in IYV 2001, which was decreed by vote of the United Nations General Assembly. IYV 2001 will celebrate the achievements of volunteers worldwide and create thousands of new volunteer opportunities.

Portable Computers Get Health Clearance

Isn't it comforting to know that others are constantly looking out for us to make sure that new work equipment and new methods of working do not bring added health and safety risks? Newly published research, "Health and safety of portable display screen equipment" carried out by System Concepts Ltd.

KPMG Consulting Involved in $50 Million Lawsuit 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 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.

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) ( 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.


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