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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

Rising Costs, New Drugs at Heart of Health Insurance Crisis

A study of health insurance costs in northern Ohio performed by the management consulting firm of Hewitt Associates shows health insurance costs on the rise at an average rate of 16% per employer. The underlying cause seems to be the rising costs of medical care, and in particular the rising costs and increased usage of prescription drugs. It is estimated that the amount Americans spend on prescription drugs has doubled in the past five years.

Accountants help rebuild Kosovo

Accountants are proving their worth in war-torn Kosovo as they ensure that sound financial management keeps the humanitarian effort rolling, a feature in the British newspaper, The Guardian, explains.The report looks at the work of those who are willing to give their skills to ensure a brighter future in areas of extreme need.Accountancy skills are being increasingly recognised as essential to this type of work, so that supplies and wages are delivered in the most effective manner possible.Finding
Technology

Shortcut to Blank Slides in PowerPoint

More often than not, you're working on a PowerPoint presentation, and want to insert a blank slide into your presentation.The typical way to do this is to point your mouse to "Insert," click on "Insert New Slide" and then choose a format.If the format remains the same, as it does in many PowerPoint presentations, here is a nifty shortcut.You can simply insert a blank slide by holding down the [Shift] key and clicking the Insert New Slide icon on your toolbar. By doing this, you bypass the New Slide dialog box.
Community News

KPMG Announces New Class of Partners

The new partner mix at KPMG LLP includes personnel in the areas of assurance and advisory services, tax services, and client service support (whatever happened to the designation of "audit partners")? With the addition of 127 new partners, the firm now has more than 7,000 partners worldwide in 159 countries.KPMG Consulting LLC, which was incorporated as a separate company earlier this year, is a leading provider of Internet integration services.
Technology

Retailers Advocate Revamping Sales Tax Laws

Although the House of Representatives has voted to extend the Internet tax moratorium until 2006, brick & mortar retailers are joining forces in an effort to encourage Congress to completely rewrite what they consider to be archaeic sales tax laws.The retailers' goal is to ensure that online retailers charge the same tax as anyone operating outside cyberspace.
A&A

Help Abounds for Women with High-Tech Ambitions

Axxon Capital is a new business - barely a year old - owned and operated by two financial professionals, both women, one an African American. The Axxon team brings together many years of experience in high finance.

Excel Tip: Automating the Filepath on a Spreadsheet

On the surface it would seem that entering the name of your path and file in the footer (or header) of an Excel worksheet is not an automatic operation. This is such a frequently-requested task, you would think that there would be a quick menu choice to perform this duty. But there is not. In the absence of such a menu selection, here is a quick little macro that you can place in your worksheet that should do the trick. Choose Tools, Macro, Macros from the Excel menu.

AccountingWEB Weekly News Wrap-up - Issue 50

The AccountingWEB Friday Wrap-Up Newswire - Issue 50July 7, 2000Logon to http://www.accountingweb.com for more resources.Don't know your membership logon details? Go to http://www.accountingweb.com/forgot
Technology

Will the Web ever be the same?

Many companies and individuals who own e-commerce method patents are now going after companies that are using these patents online illegally. The patents, which are granted by the U.S. Patent and Trademark Office or foreign patent offices, include everything from hyperlinks to Web-based access to databases. How could this be? You mean hyperlinks aren’t free for everyone to use? Apparently not.

Computer Associates' Earnings Signal Red Flag

How do matters fare with Computer Associates, owners of many products, including an accounting favorite, ACCPAC?Very mysteriously, according to TheStreet.com's reporter Herb Greenberg.

Is your newsletter getting the attention you want?

If you are like most accounting firms, you want to get the most bang for your newsletter buck. A quarterly newsletter often can cost a firm thousands of dollars per year to produce. Follow these tips to make sure your newsletter is read – not tossed.1. Name your newsletter with the audience in mind. Sure, you want to get company name recognition with your newsletter, but you also want your newsletter to say something to your readers. What is your publication going to do for them? Think benefits to your readers when naming your newsletter.2.
Community News

Nortel Provides Solutions to H&R Block

In an effort to simplify its call center operations, H&R Block has engaged Nortel Networks to provide their e-Business solution, 'Nortel Networks Clarify eFrontOffice.'Block wanted to find a way to take the calls it receives from 10,000 tax offices, including financial services and e-Commerce groups, into one, central call center.Nortel's customer relationship management system, eFrontOffice, will provide Block instant messaging, voice-over-IP and personalized portals by the 2001 tax season.Block is in go

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