News

Becoming A Trusted Advisor

Becoming a Trusted AdvisorPresented by: David MaisterTuesday October 17, 20004:00pm EDT,The AccountingWEB Workshop RoomWorkshop sponsored by the International Group of Accounting Firms

David Maister

DAVID MAISTER,Maister Associates, Inc.David Maister is widely acknowledged as the world's leading authority on the management of professional service firms. For 17 years he has advised firms in a broad spectrum of professions, covering all strategic and managerial issues.
Technology

AccountingWEB Weekly News Wrap-up - Issue 60

The AccountingWEB Friday Wrap-Up Newswire - Issue 60September 15, 2000Members Logon to http://www.accountingweb.com for full access to all our resources.Don't know your Logon Membership Details?Go to h
Tax

IRS Reorganizing for Better Customer Service

In an attempt to provide better customer service the Internal Revenue Service has planned to begin rearranging some of its service centers starting Oct. 1.Not all taxpayers will be affected by the change, though. Only 12 states will be changed for individual taxpayers and 16 states will be changed for business taxpayers. Some taxpayers may find they have to file their individual return at a separate center from their business returns.Once the transition is finished 116 million individual returns for the wage and investment operation division will be processed by eight centers.

Is Microsoft's new Windows ME Worth it?

Microsoft removed the cover from its new Windows ME (Millennium Edition) Thursday, making the new operating system available for home users. But did the company gain anything with the new system?Analysts are saying 'no,' mostly due to the fact that Windows ME includes bundled components that on the outset appear necessary, but in fact are the same types of applications that began the Department of Justice's probe into the company's monopoly.In addition, it is reported that the new system really isn't any better than Windows 98.
A&A

VCs Cautious in new Funding Schemes

If you have an old tie or skirt, chances are that tie or skirt will be back in style one day soon. The same holds true for venture capitalists who fund businesses. These angels are finding that they are returning to the old days of funding companies with a solid infrastructure versus the latest dot.com craze.The rules certainly have changed over the last six months--mostly since technology stocks took the famous nose-dive last spring.
A&A

Find out What You're Worth ($) at new Web site

How much should you get paid? Is the guy or gal in the next office making more than you are?Anyone can achieve leverage by discovering what they're really worth, and a new Web site called Salary.com makes the process a snap.

Senate Finance Committee votes 'Yes' to Retirement Legislation

The Senate Finance Committee has unanimously voted to increase opportunities for individuals contributing to retirement savings. So what does this mean for retirement planning? Contributions into IRAs would increase from $2,000 to $5,000 while 401(k) contributions will increase from the current maximum of $10,500 to $15,000. Small businesses will find it easier to offer employee pension plans and workers over 50 will be able to increase contributions to make up for the inability to do so earlier.

Spotlight on Frank Minter

AccountingWEB ProfileFrank Minter, CPAPresident, IMAExecutive in Residence, Samford UniversityAn Issues-Oriented Approach Leads to Industrious Plans for the IMAFrank Minter does not mince words, and he doesn't pause to choose the words when it comes to dealing with tough issues – topics that can literally make or break the Institute of Management Accountants during his

Excel Tip: Change Formula to Actual Value

Is your formula your private property? Are there times when you provide spreadsheets for others to view but you don't want to display the underlying calculations? Once you've created a worksheet and performed all the calculations, you can switch the calculations to the calculated values so only the final numbers appear, both in the work area of spreadsheet and in the formula bar at the top of the spreadsheet.Change the contents of a cell or group of adjacent cells from formula to value by following these steps:1.
Technology

In-Flight E-mail – Almost Ready for Take-off

Several airplane companies, including Boeing, have started making test runs on successfully sending e-mail from the air. So far the tests have worked. The next hurdle to cross is what kinds of packages to offer and how much money to invest in the prospect.In-flight packages proposed by at least ten companies are currently being considered.
Tax

Another Tax Bill Bites the Dust

House Democrats sided with President Clinton Wednesday in failing to override Clinton’s veto of the marriage tax penalty. The vote was 270-158 meaning the override vote failed by only 16 votes of the required two-thirds majority necessary for the veto override. Forty-nine Democrats voted with the Republican majority to override the veto and 157 Democrats voted with the President.House Majority Leader Dick Armey spoke out after the vote, saying, “Americans understand it is wrong to tax marriage.
Community News

SEC's Auditor Guidelines - What all the Fuss is About

Are you still confused about all the news of the SEC proposed changes to the auditor independence requirements?

TV CPAs – A New Breed!

Now the approximately 90% of CPA exam-takers who traditionally do not pass the exam on the first go-round will have a new opportunity for study aides. Yaeger, Inc., a provider of CPA exam review material has teamed with TVWorldwide.com to launch a new web TV channel geared to the accounting profession. The thrust of the channel is to deliver Yaeger’s CPA review material in a new, easy-to-reach format.
A&A

Fall Airline Fares Slashed Dramatically

In the wake of this summer's United Airlines' debacle of cancelled flights, delays and labor shortage, the world's largest airline has cut its fares by half for travel now through Dec. 14.As of Wednesday, at least seven other airlines matched United's fares.
Tax

Tax Survey Finds Confusion Across State Lines

It seems nothing is more complicated than our nation's tax system, especially from state to state.
Community News

SEC Gives Big Five One More Day

After complaints from members of the Big Five that their responses to the auditor independence issue have not been taken seriously, Arthur Levitt, chairman of the Securities & Exchange Commission, agreed to let them have their say. Leading the pack of vocal dissenters has been Stephen G.

The Tax People Cometh

A company called the Tax People claims that it has devised a way to help members receive the lowest tax payment possible. The key is in setting up a home business focused on selling the tax relief system to others. Because of the way the business is set up, the owner can then write off nearly any activity in which he participates. From buying groceries to attending church to taking a vacation, all these activities can be written off.
Community News

KPMG Chairman's Unspoken SEC Testimony

KPMG Chairman and CEO Stephen G. Butler was scheduled to testify at the crucial SEC auditor independence hearings today, but was irritated at the skimpy amount of time that was allotted to him (30 minutes, to be shared with five other speakers), and distressed that he was not given a requested morning time slot.Mr. Butler's testimony was delivered in printed form to the SEC, and KPMG provided AccountingWEB with a copy of that testimony.As an auditor with KPMG for more than 30 years, and now as the Chairman and CEO of the company, Mr.
Community News

McGladrey & Pullen Expands Into Five Major Markets

Through the acquisition of several firms across the United States, RSM McGladrey, Inc. and McGladrey & Pullen, LLP, has expanded its accounting and consulting practice into five new major markets, including Baltimore, Kansas City, Dallas, Philadelphia and Boston.The acquisitions also expand the firm's network in New York and Chicago, and with the other five major cities, adds 850 new employees, 12 offices and more than $90 million in annual revenues.McGladrey became a subsidiary of Kansas City-based

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