News

Selecting the Right Chair for Your Office

All of us spend a tremendous amount of our day sitting, and having an ergonomically correct chair is paramount to good posture, your back and attitude. Some even say the chair is more important than your computer or other office equipment purchases.Those in home offices--or offices at a business location--should know that a good chair isn't cheap.

Seminar Helps HR Professionals Face Change

A free seminar that looks at new ways for forward-thinking businesses to understand, embrace and seek change in human resources will be held on Thursday, January 20, 2000 from 1:00 – 2:00 p.m. EST. The seminar, Moving@the Speed of Change: Is HR Ready for the Ride?, is offered by Infinium, a leading provider of enterprise software solutions that enable the virtual enterprise.Dr. James A. Crupi, president and founder of Strategic Leadership Solutions, will address the many changes taking place in the field of human resources.

Outlook 2000 SuperGuide

For many of you, Microsoft Outlook is your choice for your Personal Information Manager (PIM).

Disclaimer

ACCOUNTINGWEB, INC.DISCLAIMER GENERAL TERMS AND CONDITIONSAccountingWEB, Inc. (AW) maintains a site on the Internet located at www.accountingweb.com, (the AW Site), that allows users and members to search and access news stories, gather information, utilize Chat Room facilities and over all to inform to enrich to enlighten and to entertain accounting professionals on what’s new and innovative in the Accounting Industry.Information and data contained on the AW Site is provided as a service. Information on the AW Site is subject to change without notice.
Technology

Navigating the Newsgroup Maze

Newsgroups may still be one of the mysteries left to solve based on the sheer number of groups (30,000+), daily messages (more than 1 million each day) and how a group benefits you firm or business.Those who think Newsgroups are simply a source of the latest gossip are wrong; they can a powerful ally in business, especially for owners and partners who seek credible resources and information.Finding the appropriate newsgroup(s) and figuring out how to use them to your advantage is the challenge. Most specialize by subject, but where do you begin and what do you say?
Technology

SEC Pursues Reporting Glitches in Silicon Valley

Companies who specialize in providing Internet services and applications are one in a million, but one mark that distinguishes them from many companies is a potential lack of reporting practices.On the West coast, the Securities and Exchange Commission (SEC) has announced that it is investigating auditors and those who work in financial services for any reporting mishaps because the agency believes these specialists are the primary ones to blame.For example, the SEC reports that they believe auditors and others have purposely misapplied GAAP, and instead,

Beware of Y2K Viruses and Hoaxes

They come in all shapes and sizes. They are called viruses. Y2K has inspired malicious hackers to concoct some doozies for your viewing pleasure. From a worm that displays “Hi 2000” as it eats away your data to a trojan horse virus that uses chat rooms to spread its disease, they are up and running in 2000.And then there are the “hoaxes” that masquerade as viruses. Among the most notable are the Happy New Year Virus and the AOL Year 2000 Update.

Don’t Let Your Y2K Guard Down

Although the lights are on, the water’s running and you are able to withdraw money from the bank, this isn’t a time to get cozy with the Y2K bug idea. According to The Gartner Group, a U.S. information technology research company, Y2K glitches aren’t over until 2000 is over.The Gartner Group estimates that fewer than 10 percent of Y2K-related failures will occur during the two weeks surrounding January 1.

New Profit Center Emerges

According to a recent survey conducted by RHI Management Resources, 39 percent of chief financial officers believe services related to e-commerce will the be the biggest growth area for public accounting firms in the next five years.The survey, which polled 1,400 CFOs from various sized companies employing more than 20 employees, shows that financial systems consulting was cited as the number two growth area for public accounting firms.

Q&A Forum Feature Added

A new feature called Q&A Forum has been added to allow subscribers to post questions directly on the site, and to encourage members of the AccountingWEB community to share their experiences and help one another.
Technology

A Great Story To End The Year With

Microsoft's free Hotmail email system was crippled over Christmas weekend because the $600 billion giant forgot to pay a $35 bill.The shutdown of the system came after Microsoft failed to pay the annual $35 fee for it's registered passport.com domain name, which verifies user names and passwords for the Hotmail system. The mistake was discovered by Michael Chaney, a programmer who works with Linux, a competing system to Microsoft's Windows.

Reporting Illegal Software Use Brings Big Bucks

Forget about Y2K for just a minute and think about your software licensing. Do you take licensing seriously in your firm? Microsoft is going to make it worth a person’s while to report it if you don’t have your licensing in order. Three individuals recently were awarded the combined amount of $50,000 for information that led to three companies that were illegally using the software giant’s software.
Practice

Outsourcing HR Functions - It's Time to try it!

Small- and medium-sized CPA firms should know that, in many cases, their employees can receive the same benefits afforded to the large firms because of a group buying effort through outsourced HR resources.Outsourcing the HR function is nothing new; firms like ADP have provided services for some time in this market known as the "Professional Employee Organization (PEO).However, sometimes a wake-up call is inorder.

Work, Home, Life: The new B-School Curricula

Look out Martha Stewart! Sure - business schools still stress economics (remember supply and demand?), finance and basic accounting, but it's a whole new world for enrollees in today's business programs.Schools across the nation, including the Wharton School of Business, have added classes on personal work, life and time management to their prestigous curriculum.

Tips for Prioritizing

Is your life moving at the speed of light? Does it feel like it? It can. When prioritizing tasks feels suffocating, It’s time to look outside for help. Use these guidelines to go forward toward your goals instead of running away from them.Is what you are doing important or urgent? Just knowing the difference can help. Important means something needs to be done. Urgent, on the other hand, means the item must be done.What will happen if you don’t do the item today? So many people have unrealistic expectations for themselves.

Economists Optimistic for 2000

It's a time for predictions, and economists are optimistic about the economic outlook for the U.S. economy in 2000, with annual growth predicted to range from 3.1 to 3.8 percent.At the beginning of 1999, the same economists who review annual growth, as well as the outlook for stocks, bond and other funds, predicted the economy would grow to a little more than two percent. Year-end estimates actually were twice as high with growth of four percent.Experts say we should not be concerned about the missed spread for 1999 because this year's figures were heavily tainted by Y2K bug concerns.

Priority One – Internal Communications

Toast the new year and resolve to make internal communications priority one in your firm. That’s the idea from Jim Shaffer, author of The Leadership Solution which is due out in early March. According to Shaffer, employees who are informed outperform their uninformed counterparts, all things being equal. He also says that your words should match your actions. Employees do what you do, not what you say. Be careful in your day-to-day interactions.
Technology

Internet Tip: Using a Picture of a Web Page in Communications

If you are working in a Word document (or PowerPoint or other graphics package) and would like to add an image of an Internet page, do the following: (1) Bring the page up in your browser. (2) Get rid of as many of the toolbars on the top & bottom of the browser as possible so you can maximize the size of the page on the screen (put your cursor at the edge of the toolbar frame just above the web page and click and drag up). (3) Copy what's on the screen by holding down the WINDOW button (the Microsoft Windows logo) and the PRINT SCREEN button simultaneously.
Tax

IRS Image Tarnished; Still Unpopular With Taxpayers

Throughout the year, AccountingWeb has presented a variety of stories on how the IRS has made attempts to shine its tarnished image by presenting a "kindler, gentler" outlook on pursuing audits, offering concessions to taxpayers and just being plain nice.A new ranking from the American Customer Satisfaction Index claims that the attempts were unsuccessful, and the Service still ranks as one of the most unpopular government agenices in the Americas.While some tax professionals have gone on record to say the IRS is, indeed, doing a better job, taxpayers are the heart of the concern, and on

AccountingWEB Weekly News Wrap-up - Issue 23

The AccountingWEB Friday Wrap-Up Newswire - Issue 23December 31, 1999http://www.accountingweb.comIn the headlines this week:1. Three CPA Firms Make Fortune's 100 "Best Places To Work" List2. 10 Biggest M&A Bloopers of 19993. New Offers In Compromise Program Unveiled By IRS4. Compute The Cost of a Bad Hire5. Post-Y2K Security Checklist6. CBIZ Starts Shaving Offices and Staff7. Customer Covers $35 Microsoft Debt - Saves Christmas for 52 Million!8.

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