News

A&A

Back to School for Financial Executives

With more and more demands to find truly unique educational opportunities that fit today's specialized marketplace, some businesses are finding the best solution is in the college classroom.Companies like Austin, TX-based Dell Computers, for example, sought help from the University of Texas at Austin's Graduate School of Business to design a finance-oriented educational program that dealt with issues directly affecting the growth and bottom line of the computer giant.Why?

Mike Willis, CPA

MIKE WILLIS, CPA Partner and Deputy Chief Knowledge Office of the Audit Practice PricewaterhouseCoopers, LLPMike Willis has more than 18 years of accounting industry experience and is a Partner and Deputy Chief Knowledge Office of the Global Audit Practice of approximately 60,000 CPAs.

AICPA Press Release - April 6, 2000

American Institute of CPAs Leads Global XBRL Initiative to Facilitate The Exchange of Financial Statements Across All Technologies, Including The InternetUnited Effort Brings Global Financial, Accounting, and Software Communities Together to Create First XML-Based Specification Developed for Financial StatementsNEW YORK, NY, APRIL 6, 2000 – The American Institute of Certified Public Accountants (AICPA) announced today that as one of several sponsors of the international XBRL Project Committee, it is helping to develop and launch XBRL (eXtensible

XBRL Fact Sheet

Extensible Business Reporting Language (XBRL), formerly code named XFRML, is an open specification that uses XML-based data tags to describe financial statements for both public and private companies. XBRL benefits all members of the financial information supply chain. XBRL:A standards-based method with which users can prepare, publish (in a variety of formats), exchange and analyze financial statements and the information they contain.

XBRL for Financial Statements Questions and Answers

The following is a list of the more frequently asked questions regarding XBRL and how it will impact those who prepare and use financial statements. What is XBRL?What is XBRL used for?What are the benefits of XBRL for Financial Statements?Who will benefit from using XBRL?How does XBRL work? How does XBRL do this?
Technology

ePeachtree: Accounting Software For $10 Per Month

US accounting software vendor Peachtree is the latest and probably most significant entrant in the application hosting market.The Atlanta-based subsidiary of the Sage Group this week launched ePeachtree, a Web-based accounting suite that users can rent for $9.99 a month.The software rental model allows small businesses to get accounts and business reporting systems up and running with no capital outlay and none of the headaches associated with software and network configuration.The system lets customers access their financial applicati

ICIMC Rolls Out New Academy

The Institute for Certified Investment Management Consultants (ICIMC) recently formed The American Academy of Professional Investment Consultants(SM). The goal of The Academy is to provide education and training for investment consultants who want to learn how to operate their financial advisory practices as profitable businesses and attract more clients. The ICIMC believes The Academy is different because the education offering goes beyond traditional skills and actually focuses on Practice Management issues.
Community News

RSM McGladrey CEO Steps Down

H&R Block today announced that Mark Scally, Chief Executive Officer of RSM McGladrey Inc., Block's national tax, accounting and consulting practice, is stepping down from that position. Mr. Scally will continue with McGladrey in a senior role, focusing on global business opportunities with the firm.
A&A

Eight 401(k) Commandments

If your company administers a 401(k), or you provide advice to clients who have retirement plans, then listen up! Here are eight commandments you should follow if you are knee-deep in the 401(k) swamp.1. Offer plan participants the option of changing their accounts on a daily basis through an 800 number or the Internet.2. Don't offer too many investment options.3. Offer investment advice only if it's independent.4. Fully document any change in investment advisers.5.
A&A

Stock Advice From CFO Michael Jacobs

The recent demise of many dotcoms, along with a drop in technology stocks over the last month has made even the most liberal investor cautious of today's market.
Tax

GAO Reports IRS Not at Fault

In a report made public this week, the U.S.
Technology

Microsoft Split Probably Will Happen

According to industry sources, the Justice Department is very close to recommending that Microsoft be split into two entities in order to avoid running a monopoly in operating systems. The rumor has been confirmed by several of the nation's leading newspapers, including USA Today, The Wall Street Journal and the Washington Post.Under a new scenario, the first company would only manufacture Windows, as well as the browser technology for the Internet.

Ensure Your Insurance is Up to Date

Now that busy season and first quarter filings are out of the way, you should take a look at various areas that could affect the operations of your business or firm ... like insurance.Obviously, you should have a basic liability insurance policy, as well as workers' compensation and disability policies if you have employees at your place of business, or even for yourself.In addition, there are various nuances related to your business that might require additional coverage.
Technology

Bullet Mania For Microsoft Word

You’ve seen them. Bullets. Little characters that appear before a list of paragraphs that are designed to draw attention to the following text. Maybe you have used the arrow or the basic black dot, but have you ever wanted to expand your selection to something that may follow a theme? For example, using a gun for a proposal for a gun manufacturer?

CCH's Prosystem FX Aligned With Compliance, Productivity Software

MARY DALE WALTERS - 847-267-2038 mediahelp@cch.comLESLIE BONACUM - 847-267-7153 bonacuml@cch.com New for 2000CCH ALIGNS TAX COMPLIANCE, PRACTICE, TRIAL BALANCE, PLANNING SOFTWARE UNDER PROSYSTEM FX® OFFICE BRAND NAMEExpanded Product Line will be Available in 2000(TORRANCE, CALIF., April 25, 2000) – CCH INCORPORATED (CCH), a leading provider of tax law information and software, said today it has aligned the components of its tax compliance and productivity software under the ind

Deltek Unveils Professional Services Automation Strategy: Deltek PSA White Paper Outlines Comprehensive Vision for Automating P

McLean, Virginia – April 25, 2000 – Deltek Systems, Inc. (NASDAQ: DLTK). Deltek today unveiled its comprehensive vision for professional services automation (PSA), one of the software industry's most rapidly growing application areas. Deltek is strongly positioned to deliver PSA solutions integrating powerful back office automation with expanded knowledge-enhancing functionality for managing people, time, information and engagements in professional services organizations (PSOs).

Finding and Retaining Good People - with Debbie Peri

Debbie PeriProfessional Development Consultantfor Results Accountants' SystemsMichael Platt: We are fortunate today to be joined by Debbie Peri to discuss finding and retaining good people.Let me take a minute to introduce Debbie: Growing up in Northern California and Scottsdale, Arizona, Debbie completed her undergraduate work at the University of Arizona in Tucson.
AccountingWEB Life

A Time Management Tip That Really Works!

When it comes to managing time, most people find that they run from fire to fire (read crisis to crisis) without accomplishing what they really want to do. If you feel that you are meetinged out, up to your ears in mail, or in e-mail jail, keep reading.The key to having the time that you need to do what you want to do is simply to schedule time with yourself. It's similar to the idea of paying yourself first when you get your paycheck. And it works. The key to this hot little tip, though, is for you to think of yourself as one of your most important clients - and you are!
A&A

Yahoo! CFO is Industry Wunderkind

What's going on at Internet portal and search engine maverick Yahoo! these days? Quite a lot, thanks to CFO Gary Valenzuela.The company has made a profit for over four years in the face of dotcoms that can barely scratch the surface of seeing any black. What's the secret? A conservative stance by Valenzuela on most everything, according to industry experts.Some credit needs to be given to a savvy marketing approach and the fact that Yahoo! doesn't have any inventory attached to it ...
A&A

Creative Accounting Raises Growth Eyebrows

Accounting procedures at an Indianapolis-based insurance giant has raised the eyebrows of analysts regarding how profits have been reported.When Conseco, Inc. reported its first quarter 2000 profits to the Securities and Exchange Commission, it used an investment the company made in December with a wireless communications company, Tritel, Inc., to boost profits within Insurance Division.

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