News

Illinois Society Trade Show Coming in August

The Illinois CPA Society is gearing up for its Business and Technology Solutions Show which will occur August 23-24 at the Rosemont Convention Center in Rosemont, Illinois, in the Chicago suburbs. During the two day show, attendees may participate in up to 17 hours of CPE in the form of presentations in the areas of Accounting & Auditing, Tax, Consulting, and Technology. Key note presenters include:Peter Ricchiuti, Assistant Dean at Tulane University's A.B.

Employee Surveys can Bridge the Communication Gap.

Have you ever wondered exactly what your employees’ commitment level is to your firm? Do staff members stay just long enough to get their audit hours in and then move on? Do you worry that the clients may hire away your most talented staff? If these thoughts nag at you then it may be time to try an employee survey. Begin by preparing to hear answers to questions that you’d really rather not hear.
A&A

Can the Web Help Raise Money for Nonprofits?

In an effort to cut overhead costs and better target donors, nonprofits are venturing into the world of technology. In an industry where raising a dollar from a new donor can cost a nonprofit $1.20 to $1.50, the internet provides opportunities to focus more on distributing funds raised, and less on covering administrative costs.Convio, a company specializing in the development of software for nonprofits is planning on signing up a few charter charities to test its new web service.
Technology

Word/Excel Tip: Resize Toolbar Text Buttons & Boxes

If you need to make room for additional buttons, you may want to decrease the size of some of the toolbar boxes, such as the Zoom, Font or Style boxes. Or, perhaps you'd like to increase the size in order to see the entire entry of each option in a dropdown list.To change the width of a toolbar text button, text box or list box, choose Tools/Customize to display the Customize dialog box and enable toolbar editing.Next, click on the toolbar box you wish to resize to select it.

Win a Free Web Site For a Year

In conjunction with AccountingWEB's campaign to raise money for the American Diabetes Association, Execusite has offered to give away a free Execusite Website solution for a year, valued at $890, in a drawing of all contributors to the Diabetes campaign.The winner of the drawing will receive a comprehensive web site package that includes:A deluxe multi-page Website that creates a prestigious firm identityTheir own unique Internet address on the World Wide
Technology

Accountant's Face Brave New E-Business World

Several participants in our e-business workshop presented interesting questions and raised issues about creating and consulting in the e-business arena. What questions should you ask if you are considering getting into the world of e-business?

E-Business: What Every Accounting Firm Needs to Know, with Gregory Price

Session Moderator: Good afternoon everyone today we are being joined by Gregory Price of Pannell Kerr Forster.Gregory S. Price is a highly experienced information technology professional with significant profit and loss responsibility for two consulting functions at worldwide accounting firms. He has an outstanding record of improving profits by increasing revenues, extending market penetration, developing new services and managing cost containment.
Tax

IRS Announces New Rules for Calculating IRA Income

If you make a contribution to your IRA, change your mind, and request that the contribution be returned to you on or before the due date of your tax return, the old rules stated that you must report a certain amount of taxable income based on the earnings in the IRA account for the entire year of the contribution.

AICPA Launches Inexpensive Do-it-Yourself CPE

The AICPA is leading a new trend in CPE. This flat rate, all you can eat philosophy, provides over 1,000 hours of CPE for a flat rate of $95 per year, or $295 for non-AICPA members. Pay the fee, take all the courses you want, and work at home or at the office, at your own pace, at any time of the day or night, to complete the material and get your credit.The one- and two-hour courses cover hundreds of areas of educational needs in the major categories of Accounting & Auditing, Consulting Services, Management, and Taxation.

Excel Tip: Quickly Print Designated Areas of a Worksheet

Set up your various print ranges first by using your mouse to select a range, then assign a name to the range. Assign a range name by choosing Insert, Name, Define from the menu. In the Names in workbook field, enter the name you want to use to identify this selected range. You cannot use spaces in your range name. Click OK to complete the process. Assign other named ranges in your worksheet in the same manner.
Community News

EY South Africa Splits its Practice

Ernst & Young South Africa has announced that it has officially separated its accounting and consulting units.The consulting unit, which will be called 'Argil Ernst & Young Consulting,' was purchased by Worldwide African Investment Holdings, a major black empowerment group that already has an established relationship with EY, having formed a 60/40 joint venture last year.The new unit's main business focuses will be on the oil industry, telecommunications and financia
Technology

Hacker Insurance Provides Security, Peace of Mind

Anyone stung by the ILOVEYOU virus this past Spring knows how devastating the loss of data can be to business or personal records.
Community News

EY Wins Coveted <i>CIO</i> Magazine Award

Ernst & Young was named to the top 50 list of the most impressive intranet sites by CIO magazine.The Web Business 50/50 Award annually honors the top 50 Internet and intranet sites in the marketplace for the best use of technology and design that reflects the organization's goals.

Gregory S. Price, CPA, CISA, CFE

Gregory S. Price is a highly experienced information technology professional with significant profit and loss responsibility for two consulting functions at worldwide accounting firms. He has an outstanding record of improving profits by increasing revenues, extending market penetration, developing new services and managing cost containment.
Technology

Is Netscape a Peeping Tom?

America Online Inc.’s subsidiary, Netscape, is being accused by New York attorneys of illegally monitoring downloads using SmartDownload software. The result of the claim against Netscape’s illegal spying on users is the filing of suit in federal court. The attorneys have asked that the legal claim be granted class action status.Apparently users who have downloaded information from the internet have identifiable information transmitted back to Netscape. From there, information is compiled and profiles can be created of a customer’s downloads.

Accountants Fight Back Against SEC Proposed Ruling

The Securities and Exchange Commission may find that it has a fight on its hands in the form of the AICPA, KPMG, Arthur Andersen and Deloitte & Touche. The SEC recently proposed a rule limiting the scope of consulting services audit firms can offer their clients. The SEC claims that maintaining independence with an audit client where a consulting relationship also exists is not possible.Concerned that the SEC proposal threatens various revenue generating consulting services in the accounting industry, representatives from the AICPA and three of the Big Five plan to dispute the proposal.

How Does Your Vacation Time Stack Up?

You may be thrilled that your new boss is willing to give you two weeks of paid vacation.
Community News

Lift of Louisiana ban on Fees Good for 1st Global

The recent lift of all bans on commissions and contingency fees has been profitable for Dallas, TX-based 1st Global, a financial services company with more than 1,000 affiliate firms, including 180 large accounting firms.1st Global has enjoyed success in the last several years in recruiting firms to join as affiliates to provide clients financial services of various kinds.Until the ban was lifted in Louisiana, firms operating in the state were prohibited from entering into financial services transactions in which fees and commissions were part of th

California Society Debuts New Magazine

The California Society of CPAs has consolidated two of its leading publications into a new, glossy magazine called California CPA.According to sources, the new publication has been planned for some time as a way to reduce costs and bring California Society members more information than was previously available in their quarterly publication and a member newsletter.Although the publication is paper-based, an abridged, electronic version is available at this Web site.
Community News

NABA and UT-Austin Join in Minority Recruitment Program

Kudos go to National Association of Black Accountants (NABA), The University of Texas at Austin’s Business School and Ernst & Young who have joined together for the seventh consecutive year to conduct the Accounting Career Awareness Program in mid-July.The program was developed by NABA, where one of the missions is to involve more minority students in accounting.The Red McCombs School of Business at the University of Texas is the site at w

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