News

EY Enters Online Recruitment Arena

Ernst & Young has announced the launch of a subsidiary, Net-Strike Worldwide, to recruit and provide training for IT consultants utilizing the power of the Internet to serve as the "virtual deployment center" for IT professionals worldwide.Net-Strike is designing a Web site devoted to this endeavor for EY and other clients interested in these tempora
Technology

Is the Web Replacing the CPA?

For years, consumers with simple tax returns have sought the help of off-the-shelf programs like TurboTax and Quicken, much to the chagrin of the CPA and accounting professional who believes they can become a value-added resource to these programs.

FASB Rules on Banner Advertising

The Financial Accounting Standards Board has ruled that online businesses can continue to add revenues that reflect the value of bartered ads to their books and deduct associated expenses.

Handy Guide Targets in on Special Taxpayer Groups

Contact:Mary Dale Walters — 847-267-2038, mediahelp@cch.com Leslie Bonacum — 847-267-7153, bonacuml@cch.comHandy Guide Gives Special Attention to All Categories of Individual Taxpayers.NEW TAX ANGLES FOR SPECIAL TAXPAYERS (2000 EDITION) FROM CCH (RIVERWOODS, ILL., January 18, 2000) – Provisions affecting the many special categories of individual taxpayers – such as investors, seniors, farmers, clergy, students and U.S. citizens living abroad – are strewn throughout the Internal Revenue Code.

Handy Guide Targets in on Special Taxpayer Groups

Contact:Mary Dale Walters — 847-267-2038, mediahelp@cch.com Leslie Bonacum — 847-267-7153, bonacuml@cch.comNEW TAX ANGLES FOR SPECIAL TAXPAYERS (2000 EDITION) FROM CCH Handy Guide Gives Special Attention to All Categories of Individual Taxpayers(RIVERWOODS, ILL., January 18, 2000) – Provisions affecting the many special categories of individual taxpayers – such as investors, seniors, farmers, clergy, students and U.S. citizens living abroad – are strewn throughout the Internal Revenue Code.

Canadian Franchises Consider Taxing Visiting Teams

How can tax be a good thing?
Community News

Costumes, Dress Codes Lead to Quandry at Big 5 Firm

What happens when traditionally conservative suit-and-tie accountants enter into a strategic partnership with more relaxed dressed-down dot-coms?

Andersen Partner Named to FASB

On July 1, G. Michael Crooch will begin serving his five-year term on the Financial Accounting Standards Board (FASB). He replaces James J.

Business Card Turn CD Makes Great Marketing Tool

Have you seen them? There are now business cards that look like a traditional business card, but they make the leap to CD ROM to actually “tell” your story. Internet strategy consulting firm, Successful.com, offers the cards and suggests other ways the cards can be used to develop profit centers.The business card sports company logo, address and contact information on the front, but the back can hold up to 40 Megs of data including HTML, graphics, audio, video and presentation files.
A&A

The Seven Risk Factors In Successful Mergers

William Case is the founder of Integrated ChangeWare Systems, a company that specializes in merger integration, multiple organization roll-ups, and strategic change. In a workshop presented for AccountingWEB, Mr.

Focusing On The Customer Base During M&A - with Bill Case

William Casewncase@icws.comIntegrate ChangeWare Systems972.380.4297 phone 214.853.5506 faxwww.icws.comScott Cytron: Good afternoon all! I'm Scott Cytron and will moderate today's workshop. Thanks for being here today. We are excited about offering our first workshop on mergers and acquisitions. M&As are certainly affecting the accounting industry, but they also are affecting your clients.
Tax

Tax Breaks for the Home Office

Good news is in store for clients who have a part-time home office. The IRS has changed their way of thinking in allowing anyone who does part of their work at home qualify for certain deductions.Before now, the Service was very strict in saying that the home office had to be the principal place of business--which had been interpreted as the only place of business.But in a move signaling again a paradigm shift for the Service, anyone who spends time in a home office doing paperwork or handling other matters may now qualify for at least some deductions.
Technology

MAS 90 Internet Capability Widens With New Program

Sage Software has announced a partnership with Concentric Network to provide high-speed hosting abilities for its popular acounting program, MAS 90, allowing users of their Internet.access service better and faster connections to the accounting package.
Technology

Big 5 Offer E-biz Strategies

Big 5 consultants are offering new e-biz strategies for high-tech companies. New services offered by Ernst & Young, LLP (E&Y) and KPMG allow clients to benchmark their business decisions and IT investments in areas such as hosted applications and e-commerce.E&Y now offers application service providers (ASP) an auditing service that judges the ASP’s ability to securely host and manage rentable, web-based applications.

AccountingWEB Beginners Guide

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Directory of Vendors is Added

A new Directory of Vendors was added today, making it easy for suppliers and consumers of accounting-related products and services to come together in the AccountingWEB community. Vendors have full access to their record through an administrative edit. Contact detail listing is free, as is a static list of products. Vendors may describe their products and add additional product links for an annual fee of $150.

Counsel Spending Increases for Companies

A new survey by PricewaterhouseCoopers reports that spending for outside counsel to advise and represent corporate America rose slightly more than six percent during 1998 - the year the survey covered.PWC attributes this increase to a strong economy, and more mergers and acquisitions.
Technology

CPA Firms can Rely on "SAVE" to Advise E-tailers

Many CPAs have firms as clients who conduct business over the Internet, especially retailers and others fully engaged in E-Commerce, but how equipped are small- to medium-size CPA firms in helping their clients evaluate an online strategy?KPMG has developed its new SAVED!
Community News

Andersen Adopts New Business Strategy

Arthur Andersen today unveiled a new business strategy designed to pull clients into what the firm is calling the "new economy."The goal is to position clients for change as economies change and the business marketplace changes along with it.

E-commerce's Dirty Little Secret

A teenager stole an estimated 300,000 credit card numbers from CD Universe last year. You might think that this is an isolated case of a hacker with savvy skills cracking the code, but it’s not. A dirty little secret of e-commerce is that credit card numbers are stored in plain-text files by Web sites all over the Internet. If the credit-card data was stored by the Web site in plain text, anyone who gained access to the computer would be able to read the credit card numbers.

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