News

Technology

E-Commerce Solution For The Construction Industry Released

AEC Connect is PurchasePro.com’s browser-based e-commerce solution for the architectural, engineering and construction (AEC) industry. PurchasePro.com is a leading provider of online “business-to-business marketplaces.”The new software will electronically unite architects, engineers, contractors and suppliers. Linking the parties will offer operational efficiencies.
Technology

Renting Applications: Is the Market Oversaturated?

CPAs and accounting professionals have heard much over the past few months about ASPs, or Application Service Providers, and the business of renting software applications that more closely fits their needs instead of buying entire packages.Industry leaders like Microsoft are finding it difficult to come to terms with hosting options because projected revenues are difficult to determine based on the needs of small- to medium-sized businesses.Recently, the GartnerGroup reported that the market will reap $2.7 b

Costly Accounting Error Impacts San Francisco Commuters

Things are not well in the Golden Gate city, and commuters will bear the brunt. A reported accounting error of $14.4 million by the Metropolitan Transportation Commission (MTC) could enable riders to take aging buses for three years and delay projects in and around the Bay Area.The Commission's mistake in alloting sales tax revenues to the San Francisco Municipal Railway and AC Transit has caused expenditures of $7.2 million more than originally planned.
A&A

Web-based Payroll and Accounting is a Match Made in Heaven

The accounting professional can play a key role to the business marketplace by evaluating and recommending any one of a number of companies emerging as headliners in the online payroll processing medium, and passing along those recommendations to their clients or employers.Outsourcing payroll to the CPA is not new, but going online to process payroll is.

Audits Uncover More Problems for Waste Management

Sources reveal that greater problems were uncovered with Waste Management Inc.

Don’t Let Computers Hurt You

Let’s face it. Computers are a daily fact of life for those of us working in an accounting firm today. Whether you use a desktop or a laptop, chances are you spend hours a day sitting in front of that little screen. The Department of Labor (DOL) reports that computer-induced repetitive stress injuries are a $100 billion dollar white collar epidemic in the U.S. today.There is something you can do to protect yourself from these computer maladies. Investing in an injury prevention program could help you prevent a lifetime of pain.

Arthur Andersen Develops Health Care Solutions With Cerner

Arthur Andersen and the Cerner Corporation have formed a strategic alliance to improve health care delivery through various business process solutions.Cerner supplies clinical and management information, and knowledge systems, to more than 1,000 health care organizations throughout the world.

How to Avoid the "Superman" Complex

Anyone who has suffered from the onslaught of trying to do it all knows all about the "Superman" complex, especially Max Carey, who coined the term 11 years ago.Carey, CEO of Corporate Resources Development in Atlanta, GA, has amassed his experience over the past several years into a new book titled, "The Superman Complex."CPAs and accounting professionals who share this sentiment will want to read a special interview presented by
Tax

IRS Releases New Salvage and Discount Patterns for 1999 Taxes

Salvage discount factors for 1999 accident year, used to compute discounted estimated salvage recoverable under Section 832 of the Internal Revenue Code, can be found in Revenue Procedure 99-37. This Procedure will appear in the Oct. 18 IRS Bulletin 1999-42. Also for the 1999 accident year, Revenue Procedure 99-36 prescribes loss payment patterns and discount factors, used for computing discounted unpaid loses under Section 846 of the Internal Revenue Code.
Technology

A "Colorful" Future for the Palm Pilot

Palm aficionados can expect a color display for the hand-held information devices sometime during the first six months of 2000, according to an announcement made at the PalmSource 99 Conference in Santa Clara, CA.Up to now, Palm Pilots have had an LCD display, a disadvantage in convenience and readability compared to some of the models by popular manufacturers with the Microsoft-based Windows CE operating system.A drawback to a color display for the Palm, according to industry sources, is that the display will draw

AccountingWEB Weekly News Wrap-up - Issue 14

============================================================== The AccountingWEB Newswire - Issue 14 October 22, 1999 http://www.accountingweb.com============================================================== In the headlines this week:1. Beware - The Melissa Virus Is Still Lurking2. The Future of CPE Is About To Change3. It's Time To Dust Off and Brush Up on the "De Minimis" Rule4. Technology Planning Tips For The Firm5.
Technology

Earn Your Estate Planning Certificate Online

A two-part program called, “Estate Planning Certificate Program,” is now available through OnlineLearning.net.The leading online supplier of continuing adult education has teamed with the California CPA Educational Foundation to offer the program to accounting professionals. Estate planning is rapidly becoming a “hot” consulting area. This program will help accountants compete as they offer more expertise.The comprehensive study is offered in two eight-week modules.
Practice Management

The Product We Sell

If someone asked you what you sell, what would you say? Oil, chemicals, whatever product you sell, right? We really sell something so much bigger than the products and services our customers pay us for. In small dollar sales the customer is less conscious of value. With larger sales, the product and the resulting relationship with the buyer are harder to separate…so you are selling yourself.What makes up a relationship that adds value to your products? Our credibility, reliability, and anticipation of customer needs are the keys to a successful relationship.
A&A

Staying Connected With Your Clients’ Information Needs is key

Business leaders in the next century will be faced with information overload. Although we may already feel overloaded in our role as harbingers of information, CPAs and accounting professionals will undoubtedly be positioned in the forefront of this information onslaught.Consider this: there has been more information produced in the last 30 years than during the previous 5,000 years. That’s a lot of information. There are steps we can take to rise above this projected information overload. The first step is to differentiate the relevant from the non-relevant information.
Practice Management

Is "Business Coaching" Part of Your Service Mix?

The thought of hiring a business coach to help us reach our professional objectives may seem ridiculous - at first. But as an increasing number of entrepreneurs turn to professional coaches to help them successfully grow their businesses, the idea seems more reasonable.And that spells "opportunity" for CPA business advisors.Professional business coaches can help small business owners find answers to business and personal issues ranging from personnel situations to complex business obstacles.
Technology

Postal E-Competition Could Change the Way You Conduct Business

How much does your business rely on the U.S. Postal Service? According to government research scheduled for release at a congressional hearing today, the Internet could threaten the Postal Service’s ability to provide universal service in the future. As we turn to the Internet as an alternate means of sending documents and conducting business with our clients, the Postal Service is expected to experience the impact of this e-competition. Although the Postal Service reportedly achieved record earnings during the fiscal year that ended Sept.

AICPA Plans Shift To Web Based CPE

Online Continuing Professional Education for CPAs will likely become mainstream when the American Institute of CPAs begins offering over 150 one- and two-hour self study courses over the Web by the middle of next year.Speaking at its annual meeting this week, AICPA President Barry Melancon announced several bold Internet initiatives for the Institute, including the fulfillment of a vision of a completely web-based profession in several years time.

QuickBooks Becomes a QuickSell

QuickBooks is about to become more than just an application as Intuit Inc. releases QuickBooks Internet Gateway. The new program will enable third parties to sell services through the software, bypassing the Web. QuickBooks 2000 will be released later this year and will include the Internet Gateway.Intuit believes the biggest obstacle to overcome when selling to small businesses is simply getting in front of them.
Technology

Technology Planning Tips You Won't Want To Miss

AccountingWEB (AW) recently sat down with Technology Consultant Roman Kepczyk (RK) of InfoTech Partners North America to discuss successful ways that CPA firms can navigate through the confusing waters of technology planning today.AW: Roman, thank you for joining us today.

Hackers Wage New Cyber Attack

A new type of computer attack was reported by a handful of U.S. companies in the last six weeks. Experts at the National Information Systems Security Conference say hackers have developed a fundamentally new style of breaking into computers.This new hack attack called a “distributed coordinated attack” is very different from other types of cyber terrorism because hackers use many servers to target a single server.

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