News

Community News

Andersen Sponsors Students' High-Tech Start-ups

Arthur Andersen, LLP has agreed to be the lead sponsor of programs supporting student high-tech start-ups.The firm has partnered with StartEmUp, an organization that helps students bring Internet businesses to fruition.As a part of the arrangement, Andersen is lending its name to StartEmUp's JumpStart 2K Campus Conferences and contests.
Community News

HP May Acquire PricwaterhouseCoopers' Consulting Biz

The hottest accountancy news this weekend was the revelation that computer and printing equipment giant Hewlett-Packard was in talks with PriceWaterhouseCoopers to buy its global management consulting business in a deal estimated to be worth $17 to $18 million.This move may be a direct result of the recent rulings promulgated by the Securities and Exchange Commission regarding the separation of audit and consulting serv
Tax

Link to New Per Diem Rates

The IRS recently released new per diem rates for travelers. These rates are effective October 1, and may be used in lieu of previously published year 2000 rates. Taxpayers who prefer to use the previous rates may do so until December 31, 2000.The complete table of rates by city is available for downloading or online perusal.
Technology

Domain Names for Sale?

Just when you thought all the good domain names were gone, you’ve got another chance. The International Corporation of Assigned Names and Numbers (ICANN) has announced that it will be accepting applications and a non-refundable fee of $50,000 for expanding the Web to feature site suffixes other than .com, .net and .org.The public will have the opportunity to comment on proposals until the cut-off date of Oct. 2. After that, the finalists will be announced in November.

F9 CREATES enhanced financial reporting Solution for Adonix X3 ENTERPRISE SOFTWARE

Pittsburgh, Pennsylvania, September 01, 2000 – Users of the Adonix X3 enterprise information management software can now easily customize financial reports that incorporate live data from their general ledgers -- without leaving their spreadsheets.
Tax

Estate Tax Repeal Officially Dead

Members of the House of Representatives voted Thursday in an attempt to override President Clinton's veto of the bill that would repeal the federal estate and gift tax.The vote fell 14 votes short, largely due to votes from Democrats who were not present last spring for the original vote on this bill in the House.This marks the official end of this bill as an override vote was necessary from both the House and the Senate to kill the veto.

Excel Tip: Ten Tips for Working With Multiple Sheets

There are several tricks and shortcuts you can employ when you want to use multiple sheets within one workbook. Here are a few of our favorites - feel free to add a comment and share your own tricks with the crowd!Insert new sheets.Are you unhappy because only three sheet tabs appear at the bottom of your screen? Choose Insert, Worksheet from the menu and add another (and another, and another…). To speed things up a bit, click on Sheet1, hold down Shift, click on Sheet3 and three sheets are selected.

AccountingWEB Weekly News Wrap-up - Issue 59

The AccountingWEB Friday Wrap-Up Newswire - Issue 59September 8, 2000Members Logon to http://www.accountingweb.com for full access to all our resources.Don't know your Logon Membership Details?Go to ht
Tax

Roth and Retirement Plan – the Names are Synonymous

William Roth will go down in history as the man who made America save for its collective retirement. After giving his name to the phenomenal Roth IRA, you’d think he could rest on his laurels and, well, retire. Instead, Roth has a new Roth baby in the works.The plan, unveiled in the Senate on Wednesday, would raise contribution limits for both regular IRAs and 401(k) plan.

Is Accounting A Prestigious Profession?

Accountants aren't dead, but they are dead last in terms of perception of "prestige" by adults. A new Harris poll found that the accounting profession carries little 'prestige' compared to doctors, teachers, bankers and even the legal profession.The telephone survey was conducted in August among 1,010 adults.

Congressman Honored With FEI Public Policy Award

Financial Executives International (FEI) honored The Honorable Rob Portman (R-Ohio) with the organization's first Public Policy Excellence Award.FEI bestowed the honor on Portman based on his accomplishments in retirement security and pension reforms, especially with the current bill called the Portman-Cardin plan.In essence, the plan simplifies many aspects of retirement, removes regulatory road block and enables more businesses to offer pension plans.
A&A

12 Ways to Ease the Fear of Self-Investing

Even though we are accounting professionals and are used to dispensing advice, when it comes to self-investing--with our own money--it's a different story completely!Most anyone who invests on their own faces a society in which we're taught to trust someone else with our money. However, there are ways to combat the fear of investing and come out on top.

Survey Shows CPAs Want Accountability

A survey done conducted by Audimation Services at the Illinois Society of CPA’s business show indicated that the majority of accounting professionals agree with the need for strict assurances of auditor independence. The survey of 166 accounting professionals emphasized proposed regulations by the SEC regarding auditing activities.

Did Arthur Andersen Look the Other Way?

The SEC is maintaining that accounting done by Arthur Andersen for client, Waste Management Inc., may have crossed accounting independence lines and is adding fuel to the independence fire.
Technology

Third Time's a Charm for Microsoft Handhelds

If the cliché 'third time's a charm' means anything, then Microsoft ought to succeed with their newest entry into the already crowded handheld marketplace.The company began distributing its first foray into the market so capitalized by Palm in late 1998, but failed to make a name for itself with the Jupiter handheld--mostly due to the gargantuan price of $800 to $1,000 each.It was back to the drawing board with the Pocket PC, but that, too, failed.

Spotlight on Andy Armanino, CPA

AccountingWeb ProfileAndy Armanino, CPAPartnerArmanino McKenna LLPRetention Methods are the Name of the Game at this San Francisco FirmArmanino McKenna has a simple, yet rock-solid firm philosophy: recruit good people and treat them well. End of statement.
Tax

Dems May Jump Ship and Side with Clinton

Thursday’s House vote should be close, but analysts are predicting that Congress will be unable to collect enough votes to override Clinton’s veto of the controversial estate and gift tax repeal bill.Some Democrats who voted for the bill initially are considering changing their votes. In addition, eleven Democrats who were absent from the original vote are expected to side with Clinton Thursday.

Auditor Recommendations Offered in Time for SEC Hearings

The Panel on Audit Effectiveness, which was appointed by the SEC to evaluate the way in which audits are performed and the effects of such audits on the public interest, has issued its final recommendations in anticipation of next week’s SEC hearings.The panel has been studying audit effectiveness for two years, and now offers the following suggestions which will be discussed at the next two SEC public hearings on September 13 and September 20.Auditors should perfor
A&A

Fin. Exec. of the Year Nominations Open

Fiscal responsibility affecting cost savings, productivity and profitability are the attributes associated with the Financial Executive of the Year awards competition.Now in its fifth year, the awards are sponsored by Accountants on Call (AOC) and the Institute of Management Accountants.Both members and nonmembers of the IMA are encouraged to apply for the award; deadline for submitting nominations is Nov.
Tax

Ragin' Cajun! Improving Tax Receipts in Louisiana

The state of Louisiana is in trouble.

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