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Technology

Just $260K to Corner The Market on Online Tax Prep

Is having the right domain name the key to success in online tax preparation?If you think the answer is "yes," and if you're willing to invest at least $260,000, then at this time next week you might be well on your way to cornering the market for online tax preparation services.How?The domain name WWW.TAXES.COM is being auctioned off this week by domain name broker GreatDomains.com.According to the promotion:"In the area of taxes, no other name confers the instant credibility and recognition rep
Technology

Free Online Tax Prep Now Available To Consumers

Financial broker H.D. Vest today announced a new service which offers US taxpayers free web-prepared e-filed tax returns, regardless of salary of form requirements.The new service, available at H. D. Vest Online, is expected to draw one million users in its first tax preparation season.

New Texas Society Executive Director Named

John Sharbaugh is the new CEO and executive director for the Texas Society of CPAs. He succeeds Don Weldon, who is retiring this year.Sharbaugh is known nationally for his support of the accounting profession as the current vice president of State Societies and Regulatory Affairs with AICPA in the Washington, D.C.
A&A

Tax-Saving Tactics for IRAs

Many CPAs and accounting professionals provide advice to clients on the virtues of investing in long-term IRAs. But how do you explain the tax ramifications for heirs to an estate in plain-speak?Some measures can be implemented to prevent Federal estate tax, and Federal and state income taxes from taking up to 75 percent of investments.
Community News

Fun Facts on EY and the Golden Globe Awards

What's behind the hoopla when major award shows bring out the accountants? Quite a bit, if you're Ernst & Young, who has kept the tally for Golden Globe Award winners for more than 30 years.Already, the firm is at work for this year's broadcast on Sunday, Jan. 23, and "3" seems to be a magic number. For three days prior to the broadcast, only three people - two EY CPAs and one assistant, know who the winners will be.Remember the 5:30 a.m. press conference in December to announce the nominees?

Intranets Offer Solutions

The Internet is an incredible source of power for you and your employees, but there’s another source you may not have considered – Intranets. An intranet is a web site that’s available only to your organization. Only you and your employees have access to the information on your company’s web site.
Technology

Online Credit Card Hackers Have a Field Day

Many CPAs and accounting professionals rely on the Internet to transfer client files and sensitive information, but sometimes high security just doesn't work.Such was the case as MSNBC was able to hack through files, using a common database tool, to view the records of seven e-commerce Web sites, including personal information about cardholders.

Computer Assisted Auditing Using IDEA - With Carolyn Newman

Below is the transcript of the workshop held January 18, 2000 and presented by Carolyn Newman on computer assisted audit techniques. Please review the transcripts, and share them with anyone else in your firm responsible for CAATs.Scott Cytron: Good afternoon. Welcome! We are happy you could be here with us this afternoon. I’m Scott Cytron and I will be facilitating the workshop today. We want to encourage you to take advantage of the interactive nature of the workshop.
Technology

EY Uses Online Testing to Screen Applicants

Testing for skills and aptitude before hiring is nothing new, but doing it over the Internet has become one of the new trends because of the immense savings in time.Ernst & Young has contracted with Virginia-based Brainbench to use the company's skills assessment tests to screen applicants for 500 IT professionals who will work on EY's Sprint contract.According to EY, using online testing sources like Brainbench reduces the hiring time from weeks to a matter of hours.

Netledger's Accounting Package Wins Award

Netledger and its availability as an Application Service Provider (ASP) with Web-based applications has won PC Computing magazine's 1999 Most Valuable Product Award for Outsourcing Accounting.Netledger placed ahead of accounting rivals Andersen Consulting and Deloitte & Touche. In its 11th year, the awards program honors technology and buisness tools for their applications over the Internet and in other high-tech arenas.

Deloitte Consulting Aligns with CFOWeb.com

Deloitte Consulting announced today that it has formed an alliance with CFOWeb.com, the financial services industry's first full-service Internet portal site for CFOs, fund managers, and corporate treasury operations. The strategic alliance is aimed at providing financial institutions with seamless integration to CFOWeb.com.Deloitte Consulting will work with investment banks and financial services providers to develop comprehensive e-commerce strategies to integrate with CFOWeb.com.
Practice Management

Low-Cost Ways to Publicize Your Web site

Almost every firm and organization has some kind of Web site on the Internet, but how are you publicizing the site to build momentum and find visitors?It's been proven that telling others about your site doesn't have to cost a lot of money - in fact, it can be done quite inexpensively depending on your needs.Try these tips: Register the site with well-known search engines, such as Yahoo! and Excite.

Sage Acquires Best Software in Deal Worth $445 Million

The Sage Group, owners of Sage and its popular line of accounting software like Acuity, Peachtree and BusinessWorks, has announced it will buy Best Software. The transaction is expected to be final in February in this cash deal worth $35 per share or $445 million.Best is known throughout accounting circles for its line of human resources, fixed asset and payroll software.

Web-based Corporate Training Now Available from Broadwing

Companies looking to provide training and cut costs may want to look to the web for training options. Broadwing Communications, a subsidiary of Broadwing, Inc., announced today that it will deliver web-based corporate training applications.Broadwing offers a training infrastructure that delivers unsurpassed text, graphics, conferencing, audio and video to customers worldwide.
Technology

Manage Multiple Passwords With This Handy Tool

If you use the Web, chances are you're accumulating many user Ids and passwords that are getting increasingly more difficult to manage. For obvious security reasons, you DON'T want to use the same login information for each site. So what to do? PassKeeper is a free Windows utility that allows you to keep a list of accounts with usernames, passwords, and even notes on the sites you visit -- a handy feature if you frequent multiple locations.
Technology

Big 5 Executives Transition to E-Business Companies

CPAs have always been at the top of the list of advisors in providing value-added knowledge.
Technology

Andersen Virtual Network Provides Business Acumen

Options in continuing professional education abound, and certainly the Internet has become a prime source of educational opportunities through various providers.One of the largest efforts to date is the one produced by Arthur Andersen with its Virtual Learning Network.
Community News

Is CPA/Legal Fee Sharing Wrong?

Independence reigns supreme within CPA and law practices, but what about the issue of sharing fees within a practice that services both industries?Late last year, several Big 5 firms announced the set-up of law practices connected to the CPA practices to provide turn-key services to clients and enhance firm revenues.The issue is a nationwide one, and a Texas lawyer who heads up a State Bar of Texas Task Force to examine the multidisciplinary issue will go public on Jan.

Histograms Can Help Organize Data

Data is all around us. That’s not the problem. The problem is organizing and making sense of that data. When it comes to determining the frequency of specific data, manually grouping and counting data can be a chore. Excel can do the work for you.Between the histogram analysis tool and the array function, you will be sure to get the data you need – in a way you can use it. A histogram, also known as a frequency distribution, is a table or chart that counts the number of times a range of values occurs in a set of data. Histograms work well when you want to measure performance.

AccountingWEB Weekly News Wrap-up - Issue 25

The AccountingWEB Friday Wrap-Up Newswire - Issue 25January 14, 2000http://www.accountingweb.comIn the headlines this week:1. SEC Calls For Further Accounting Industry Self-Regulation2. M&A Activity To Surpass Last Year's Record3. More Pivot Table Secrets Unveiled4. Accounting Firms Merge Health Care Practices5. AICPA Selects Fidelity To Drive Investment Advisory Services6.

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