News

Labor Market 2000: Prospects Good; Worker Shortage Looms

The economy looks good, albeit a continuous labor shortage, according to the Economic Policy Foundation's annual report on the state of the economy.The labor shortage may be as many as 5 million workers short, according to the report, 'Workplace Policy for the New Economy,' unless employment policies change industry-wide.
Community News

EY Creates Single, Worldwide Firm

This week from London, Ernst & Young announced their new firm strategy to integrate 60 countries and their practices into 10, new geographically based areas.The intent is to bring the organization to the global arena by consolidating functions, form a new management team and not be restricted to geographical borders.
A&A

Going for the Gold in Salt Lake: Expenses Loom

As we prepare to watch the summer Olympics from Sydney, Australia, the scene is very much different in Utah, where the already scandalized 2002 winter games from Salt Lake City loom on the horizon.At the helm of the money matters connected to the Olympics is Fraser Bullock, Salt Lake Olympic Committee chief financial officer, who, according to CFO magazine is not trying to put on the best Olympics ever in the history of the games. He's just trying to put on the games.
Practice

When is a Merger the Right Answer?

August Aquila, Vice President of Mergers and Acquisitions for American Express Tax and Business Services, presented an interactive workshop at AccountingWEB on Tuesday, September 5, from 4 to 5 p.m.

Consolidation and the Mid-Sized Firm, presented by August Aquila

Consolidation and the Mid-Sized Firmpresented by August Aquila, Vice President, Mergers & Aquisitions, American Express Tax and Business ServicesSession Moderator: Good afternoon everyone!

Employee Contentment: How Far is Too Far?

In today’s booming economy the job market is good. No, actually, it’s fantastic and employees know it. With this newly found power has come a backlash against the downsizing of the 80s and 90s that many large companies periodically went through. Now, employers are not only trying to attract staff, but also attempting to find new and creative ways of keeping staff. Often, it comes down to money and some small companies simply can’t afford to keep throwing it at employees in an effort to keep them around.

Trade Sanctions Threatened Against U.S.

The European Union has rejected a U.S. plan to create tax breaks for U.S. exports, stating that the plan violates World Trade Organization rules. The WTO has threatened sanctions and tariffs if the U.S. doesn’t come up with a viable alternative to the offshore tax havens now available to U.S. companies.Presently, under the auspices of the Foreign Sales Corporation program, many U.S.

Phased-In Retirement Bill a Workable Solution?

The proposed Phased Retirement Liberalization (PRL) Act may be just what the worker ordered should it actually be enacted into law.This bill is intended to offer phased-in retirement options, enabling companies to keep experienced employees for a longer period of time to help ease the shortage in the labor pool.In short, the bill allows companies to distribute pension benefits to eligible employees even if those employees are still working for the company.
Community News

Andersen's Shared Services Helps City Governments

The city of Hurst, Texas, one of the suburbs located between Dallas and Fort Worth, has signed up as the first client under Arthur Andersen's new Shared Services Center.The idea is to have Andersen merge the activities performed by cities anywhere in the United States, or world (if applicable), and offer these services at a lower cost based on volume.In this case, the city of Hurst will outsource many accounting functions to Andersen, including general ledger, purchasing, accounts payable, fixed assets, accounts receivable and payroll.

Four Big 5 Firms Make Best Co. List for Working Mothers

Amenities, advancement, benefits and a better working environment for women enabled four of the Big 5 accounting firms to make Working Mother magazine's annual survey of the 100 Best Companies for Working Mothers in the United States.Why did these companies stand apart from others?
Tax

New Per Diem Rates Available for Travelers

The IRS has announced that travelers have the option of reporting expenses based on the per diem rates that have been in place since January 1, or they may opt to use the newly published government rates for the last three months of the year.The government rates are reflective of the new General Services Administration policy to change per diem rates as of the beginning of the federal government fiscal year, October 1, instead of waiting until the beginning of the calendar year.
Technology

Big Five Firms Have Mixed Messages for Dotcoms

Dotcom leaders work long hours but are only interested in short-term gain, according to reports issued by KPMG Consulting and PricewaterhouseCoopers.The KPMG Consulting study found that, whilst the leaders of the new economy may dress down for the office, they are still dedicated to their task.

What Are You Talking About?

Last week I attended a workshop intended to help the professionals in our firm learn more about a new service our company is offering. On the last day of the workshop a considerable amount of time was spent on how to interview the client about this service. I was interested to see that many of the partners, who often pride themselves on knowing their clients better than the client knows him or herself, didn’t quite know how to approach the client about this new service.

August Aquila, V.P.-Mergers & Acquisitions, American Express Tax and Business Services Inc.

Since 1994 August Aquila has held leadership roles in the accounting consolidation movement in the United States. August is Vice President-Mergers & Acquisitions for American Express Tax and Business Services Inc. (TBS), a Division of the American Express Company. He is responsible for sourcing, negotiating and closing major acquisitions throughout the country.

F9.com Announces Release of F9 Version 4.5 for ACCPAC

For Immediate Release August 23, 2000Contact: Chris Jordan Sales & Marketing Manager chris.jordan@f9.com 604-688-8271 x 332 Direct line 604-688-1286 FAXSome Things Just Get Betterf9.com is pleased to announce the release of its new f9™ Version 4.5 for ACCPAC.

Got that Friday Feeling???

Interesting excuses to get off work, from The MouthpieceFrom the Sunday, April 14, 1994 edition of the Washington Post - a contest was held in which readers were asked to come up with excuses to miss a day of work.If it is all the same to you I won't be coming in to work.The voices told me to clean all the guns today.When I got up this morning I took two Ex-Lax in addition to my Prozac.

Unleashing the Ideavirus

Seth Godin, author of Permission Marketing has done it again. He has written Unleashing the Ideavirus and once again shares his intuitive thoughts about getting your idea out without interrupting your potential clients and forcing them to slog through the mire in an effort to get to your message.How does he recommend you get your ideas across without going door to door? Easy! You let the consumer do it for you. Present your idea in an easy-to-access way and make it free. Voila!

First Impressions Set the Tone in an Interview

Anyone who has been or will be in an interview needs to recognize an important fact: first impressions truly make a difference.Someone who looks good on paper, or who speaks well on the phone, may sound like the right candidate, but a face to face meeting may prove otherwise. In person, non-verbal communications play a big part in analyzing character and even ability. Although knowledge and skills are key elements in hiring decisions, a person who does not make a good impression in person may well be passed over for a job.

'Cognitor' Vote Delayed Eight Months

According to the Electronic Accountant, the AICPA has delayed its Council vote until Spring 2001 on the adoption of the XYZ designation - tentatively now known as 'cognitor.'The original vote was to approve whether to put the cognitor concept before the entire AICPA membership.Bob Elliott, AICPA chairman, said the delay of the vote until the spring meeting provides more time to provide information on the credential to Council and to the general membership.The term 'cognitor' created quite a buzz when a

AccountingWEB Weekly News Wrap-up - Issue 58

The AccountingWEB Friday Wrap-Up Newswire - Issue 58September 1, 2000Members Logon to http://www.accountingweb.com for full access to all our resources.Don't know your Logon Membership Details?Go to ht

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