News | AccountingWEB



Divorcees Vie for More Than $$$ - CPAs Take Note

What are some of the trends you're seeing in clients going through a divorce? The CPA or accounting professional's role cannot be minimized when it comes to valuing the assets in a marriage. Many CPAs counsel their clients on divorce proceedings, but lately more than the usual household items are at stake. Separating spouses are splitting up assets such as stock options, pensions, time shares and even frequent flyer miles.What's the cost of such an ordeal?
Community News

Deloitte Teams with AngelPoints to Reward Volunteerism

The United Nations General Assembly has announced that 2001 will be the International Year of Volunteers. With objectives of increased recognition, facilitation, networking and promotion of volunteerism, the U.N. will document and recognize volunteer activities around the world.
Community News

Andersen Sued by Arizona Accountancy Board

It is the largest penalty ever sought by the Arizona State Board of Accountancy - the board is asking for $600 million to reimburse investors who relied on Andersen's audit of the now-bankrupt Baptist Foundation of Arizona. The Arizona State Board of Accountancy has filed a $600 million complaint against Arthur Andersen, claiming the Big 5 firm failed to properly audit the Baptist Foundation of America (BFA).

Leadership Qualities Lead to Promotions

Are you on the fast track? If so, you possess a mix of IT knowledge, people skills and leadership qualities. What's the fastest path to getting a promotion?

Tony Cord

Tony Cord1st Global, Inc.Workshop presenter, Tuesday, December 5, 2000Workshop Topic: Wealth Care Success: Key Issues for Multi-Partner CPA Firms to ConsiderTony Cord is an insightful thought leader who is helping to shape the future of the accounting profession. He is one of the handful of visionaries with experience in both the accounting profession and the financial services industry.
Community News

PwC Survey - Private Banking/Wealth Mgt. Industry in Transformation

PricewaterhouseCoopers survey reveals exceptional growth, high earnings, and large profit margins are driving radical change throughout industry say CEOs of Top North American Financial Institutions. CEOs of top financial institutions report that the private banking industry is undergoing sweeping transformation, presenting unprecedented opportunities and significant challenges, according to PricewaterhouseCoopers’ first annual North American private banking/wealth management survey.

Taxpayers Giving More to Charity

The following article is provided courtesy of CCH, Inc.Year-end is a popular time for charitable giving, and the amounts that people give continue to rise. A new Council of Economic Advisers (CEA) report on philanthropy states that charitable giving in the US reached a record high of over $190 billion in 1999.

A Sordid Story at Sunbeam: SEC Probes Accounting Mishaps

The SEC has finished its investigation into the accounting practices that occurred during the reign of Sunbeam's ousted CEO and CFO, and found enough evidence to recommend action.
Education & Careers

Students Clueless on What a CPA Does

How well do you think high school and college students know what a CPA does? Here are some alarming statistics! More than one-third of high school and college students don't know what CPAs do for a living, according to a recent study conducted by the Taylor Research and Consulting Group.The students weren't told that CPA stands for Certified Public Accountant.

Deloitte Offers Survey of Pension and Retiree Medical Assumptions

All publicly held companies that sponsor defined benefit pension plans and retiree medical programs must include information regarding these plans in their annual report.

AccountingWEB Weekly News Wrap-up - Issue 71

The AccountingWEB Friday Wrap-Up Newswire - Issue 71 December 1, 2000 Members Logon to for full access to all our resources. Don't know your Logon Membership Details?

Last Page of Holiday Quiz

Congratulations! You have completed the AccountingWEB holiday quiz and are eligible to enter the prize drawing. Please fill in the information below, then click the button to submit your entry.

Opera Goes Head-to-Head in Browser Monopolies

Ever heard of Opera? No, it's not the latest version of Wagner's Ring Cycle or a Mozart romance ...

Providing Benefits That Can Really Help Your Employees, with Brogan Van Kleef

AccountingWEB Workshop: November 30, 2000Presenter: Brogan Van Kleef, Director of Pre-Paid Legal ServicesSession Moderator: Today we're happy to welcome Brogan Van Kleef. Brogan has been on the professional staff of two of Dallas's largest CPA firms as a tax accountant. She has also been the Director of Human Resources for a top Dallas CPA firm.

Survey Finds Women Working During Retirement

Based on a survey sponsored by the General Financial Group/VALIC, more than 65 percent of respondents indicate that women will continue working while enjoying retirement.Known as the 2000 Women's Retirement Confidence Survey, the 65 percent increase also reflects a eight percent increase over 1998 figures.Why the continued desire to work?

Holiday Quiz Page 2

Question 1: The SEC has spent the last year challenging auditor independence rules. In November a final agreement was reached. Which of the following groups is directly affected by the final rules?All CPA firmsBig 5 FirmsTop 100 firmsNo firms are affected

Holiday Quiz Page 3

No, that's not correct.The final rules directly affect the Big 5 Firms only. For the full story, see SEC Issues Final Rules on Auditor Independence.Continue to Question 2.

Holiday Quiz Page 4

That's correct!For additional details on this big story, don’t miss SEC Issues Final Rules on Auditor Independence.Proceed to Question 2.

Holiday Quiz Page 5

Question 2: First Research Corp. publishes industry profiles to help you with everything from business valuations to audits to sales and marketing call preparation. How many industries are currently profiled by First Research and available through AccountingWEB?5103080

Holiday Quiz Page 6

No, that's not correct. For information on how many industries are profiled by First Research and are available through AccountingWEB, follow this link. Proceed to Question 3.


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