News

Ernst & Young Announces the Launch of Innovative Trend

Cap Gemini Ernst & Young has announced the launch of its Center for Enterprise Creation, a service which will assist corporations in their quest to re-purpose, leverage, and monetize assets of the new milennium such as brand, people, and customers.The Center will provide services covering all aspects of an enterprise launch including strategic planning, technology architecture, operations definition, organization design, systems development, user experience design, temporary office space, and administrative support with a co-creation mindset.The Center's goal is to assist in exploring gr
Technology

QuickBooks Now Available Online

Intuit is making its QuickBooks accounting software available online as a business service.QuickBooks for the Web is designed for "the emerging segment of entrepreneurs who want remote Internet access to simple and easy accounting" and is claimed to be "the easiest accounting software on the Web."QuickBooks for the Web, Basic Edition is available immediately for $14.95 per month, per company, for up to 20 users from www.quickbooks.com.
Community News

Justice Dept Joins Lawsuit Against KPMG

The Justice Department has joined a lawsuit alleging that KPMG helped a client defraud the American government through submitting bogus expense claims, reports the New York Times.The whistle-blower suit sees the accounting firm accused of assisting the Columbia/HCA Healthcare Corporation in misrepresenting costs associated with patient care, so as to receive payment for costs that were not eligible for reimbursement.A former Columbia employee claimed that KPMG helped some Florida hospitals owned by Columbia set up secret reserves, which were kept in case government auditors discov
Community News

McGladrey Acquires DC Firm

RSM McGladrey, Inc., a national accounting, tax and consulting firm serving mid-sized businesses, has acquired the non-attest (non-CPA) business of Washington D.C.'s Keller Bruner & Company, LLP.

Wealth Care Success for Multi-Partner CPA Firms

Wealth Care Success:Key Issues for Multi-Partner CPA Firms to ConsiderAccountingWEB Workshop Presented by:Tony Cord, of 1st Global, Inc.Tuesday, December 5, 2000Tuesday's workshop with Tony Cord of 1st Global, Inc. provided facts, empirical data, and anecdotes regarding key issues in the area of wealth care for multi-partner CPA firms to consider.

Wealth Care Success, with Tony Cord

AccountingWEB Workshop: December 5, 2000Presenter: Tony Cord, Director of National Business Development,1st Global, Inc.Session Moderator: Thank you all for joining us today. We are happy to welcome Tony Cord to the AccountingWEB workshop room.Mr. Cord has experience in both the accounting profession and the financial services industry.
Technology

Need Last Minute CPE? Let AccountingWEB Help You!

Are you scrambling to get all your needed CPE hours before 2000 ends? Check out these inexpensive on-line CPE resources. If you need assistance or have questions about CPE requirements and more, check out the AccountingWEB CPE Page. On-line training is booming in corporate America. On-line CPE costs less, and is increasingly becoming more sophisticated. There are plenty of companies providing on-line training that is cost effective and interactive at the same time.

Tim Lenneman

Tim LennemanGlobal Tax NetworkWorkshop Presenter, Thursday, December 14, 2000Workshop Topic: How to Use Online Tax Organizers in Your Tax PracticeTim Lenneman is a native of Lansing, Michigan and a graduate of Texas Tech University with a degree in Accounting. After graduating he worked for Arthur Andersen LLP in Denver. During his ten years at Andersen, he provided a wide variety of individual, corporate, and partnership tax services.
Tax

Thinking About Tax Evasion? Think Again!

Many have tried, many have failed. Those who feel it is their right not to pay income taxes often wind up in court, some pay hefty fines. But it does make for some interesting reading... Welcome to the Quatloos Cyber-Museum of Scams and Frauds! If you're thinking about a little tax evasion, take a few moments to read about what gimmicks have already been tried - no sense wasting your time with something that's already made its way through the court system.
A&A

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.
Tax

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&A

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 http://www.accountingweb.com for full access to all our resources. Don't know your Logon Membership Details?

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