News

Concerns Over Botched ERP Installations Continues

A story published last week on AccountingWeb talked about how Gore-Tex is suing PeopleSoft and Deloitte & Touche for alleged problems with its software installation.
Practice Management

Business Travel Airfare Reductions

If you are traveling with someone else on an airline and are willing to sit separately, you could save a lot of money on the flight. Lower priced seats may be available as "singles" and may be sold out as "doubles." Be sure to ask your travel agent or airline reservationist if this is an option.

Sage Debuts two new Acuity Partner Programs

Sage Software has two new Acuity channel partner programs that should interest CPA resellers and others who currently sell Acuity solutions or want to sell them some time in the future.The Acuity "Premier Partner Program" offers higher margins and extended marketing progrmas to top Acuity resellers.In contrast, resellers can capitalize on the "Acuity Alliance Program" because it enables current MAS 90 users to maintain their existing reseller relationships by offering a simplified upgrade stream to Acuity's advanced financial and distribution solutions.
Tax

IRS Tax News Presents Mixed Bag

A recently issued Tax Report from the IRS includes topics on estate planning, taxpayer advocates, "Problem Solving Day" and other items.As of January 1, the effective exclusion from Federal estate taxes rises to $675,000, and is expected to increase to $1 million as of 2006.

Effective Communications Leads to Results

How well do you communicate with your employees, boss or others in the office?Talk is cheap, but it should come as no surprise that effective communications is the backbone of every successful business, not only for consistent feedback, but for a two-way dialogue as well.Feedback between peers and others does several things. First, it mixes praise with constructive criticism about a specific project or activity.

Required Reading For M&A Advisors

Anyone who has bought 40 companies in six years ought to know something about mergers, acquisitions and the why/how of making the purchase.Look no further than Cisco Systems' President CEO John Chambers who has made a tremendous impact on both Cisco and the high-tech world since he took over the company in 1991.

Business Traveler: Concierge may be Unreliable Source

That next savvy business dinner could be disastrous based on the concierge recommendation!You're in a new city on business with no clue where to take your client for dinner, or perhaps you just want to have a quiet dinner on your own. Like most other travelers at better hotels, you turn to the concierge for help.Although a good source of information, the concierge recommendation at a better restaurant may not be what it's cracked up to be because he or she has been influenced through free meals, commissions or other incentives from the named restaurant.Surprising, but true.
Technology

Internet Appliances Emerge Without Windows OS

Imagine a computer without a Windows operating system (OS), and you either think of the new Linux or something totally random built in some far-away, little-seen garage or basement.The gauntlet has been thrown down, and in an effort to take away market share from Microsoft, other well-known computer vendors, including Gateway, Dell and Compaq, are reportedly beginning to build "appliances" that will deliver the Internet without relying on the Windows operating system.Think of the po

Perks and Benefits Attract Qualified Staff

Attracting and recruiting in today's tight job market is indeed a trick. No sooner do you make an offer than the candidate is snatched up by a competing firm offering greener pastures with increased benefits or other attractive perks.Small firms and businesses have found a way to compete with the rest of the pack by going through brokers to obtain top benefits without breaking the bank. In fact, many times simply passing along the benefits to employees is accomplished at no charge.No doubt you'll have medical insurance and other traditional benefits.
Technology

Web Trust Evolves: Consumer Reports Begins Evaluating Web Sites

Perhaps this is the next step in the much-discussed WebTrust program that enables CPAs to verify the security of e-commerce Web sites.Consumer Reports has announced it will begin evaluating Web sites in much the same way the magazine always has been a primary source of consumer information for hard goods. The observations will be listed on Consumer Reports Online.Consumer Reports also will verify security much in the way WebTrust does.
Tax

Will Equipment Inventory Prevent IRS Y2K Readiness?

The IRS may not be ready for Y2K as previously planned, according to a recent letter addressed to House Ways and Means Committee Chair Bill Archer.Problems include equipment and software that may not be Y2K ready at offices around the country. The agency says it has contingency plans in place, but in the event the IRS is not ready for the new year, the agency reports it could end up manually issuing some tax refunds.If it came to this, IRS Commissioner Charles Rossotti said that manual refunds would be issued to taxpayers who are most in need of funds.
Community News

New Andersen Consulting CEO Renews Firm Focus

E-commerce will be the central focus for Andersen Consulting (AC), according to Joe W. Forehand, who was just named chief executive to replace former chairman George T. Shaheen. The announcement was made Monday.The firm also will concentrate on taking a greater financial interest in its own client base.
Technology

Why Web Sites Fail

Now that your firm has an online presence, you may think it’s time to sit back and watch the prospects roll in. Think again. Your marketing efforts are more important than ever.According to the Ecom Advisors, the biggest problem with web sites is unrealistic expectations. They say that businesses think if they spend $100, they will earn $150 the next quarter. They caution owners that it doesn’t work that way; you may not see results for 12 to 24 months.The reason sites fail is equally as simple.
Tax

Say Goodbye to the IRS Restaurant Audit

A kindler, gentler IRS? Possibly.The Internal Revenue Service has announced it will no longer audit restaurants as long as establishments comply with the tax laws associated with tip reporting, regardless if wait persons actually are cheating on their own reporting of tips.In exchange, the IRS says it will target the wait persons themselves, who must report any tips received totaling over $20 a month. The losses are staggering, according to industry sources.

Better Seating Leads to Higher Profits

How ergonimically sound are your office chairs? Do you find people you work with complaining of back problems because they sit too long in poorly designed seating?You could be losing a lot in terms of time and money if you don't pay attention to this important health topic. It is estimated that repetitive-motion injuries cost U.S. businesses $100 million annually in lost productivity, and untold more in workers compensation costs.On today's market, there are now many sources for chairs that make sense for you and your staff, but be prepared to pay more for the best seating.
Technology

Search The Web Like A Pro

It’s a big Web out there. When you want to search it quickly and effectively, follow these tips:If you are short on time, consider using a multiple search engine to "grab" results from the leading search engines. Try multiple search engines like Mamma – The Mother of All Search Engines or Dogpile.com to get fast results.Don’t go back and forth. Instead of using your browser and the “back” button, consider opening a new window to view your results.
Technology

Levi Strauss Throws In The Internet Sales Towel

Selling online is difficult – and costly. Clothing giant, Levi Strauss, confirmed last Friday that it will discontinue selling its products via the web.

New Consultants Directory is Added

A Directory of Consultants is added to the mix of features allowing users to find consultants to the accounting profession in a number of specialty areas. A basic listing is free to consultants, and an enhanced listing is just $150 a year.

NY State Tax Department Extends Hotline Hours for Single-File Program

The New York State Department of Taxation and Finance has extended its tax hotline hours to assist business taxpayers who qualify for the "Single-File" program. The extended hours until 7 p.m. EST, began Oct. 28 and will last through Monday, Nov.
Community News

PWC Eliminates 1,000 Administrative Jobs

On Wednesday, PricewaterhouseCoopers announced it would eliminate 1,000 administrative and internal support positions in an effort to focus greater attention on e-commerce consulting services.About 750 employees would actually be let go, with the 250 balance taken care of through attrition and a hiring freeze.A spokesman said cuts would not affect any accountants or consultants working within the organization. Departments affected through cuts include human resources, finance, marketing and administration.

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