News

Technology

PWC Reports 400 percent Increase in E-Business

PricewaterhouseCoopers reports a staggering 400 percent increase in revenues for this past fiscal year in its e-Business practice. This amounts to $1.6 billion in revenues.Perhaps even more surprising is PWC's comment that it expects all business in its management consulting services practice to be related to the very lucrative, yet very new, area of e-Business.

How do Lawyers Feel About CPA Alliances?

There have been many stories over the last several months about CPA firm alliances with lawyers to gain a stronger share of the business marketplace, but how do the lawyers feel about such a move?Mixed, according to an e-mail survey of 300 Ohio attorneys. Half of the respondents indicated they are opposed to such alliances (which require changes to the Code of Conduct), 25 percent supported changes, and 23 percent were neutral or wanted more information.The survey was held in conjunction with hearings held by the Ohio Bar Association to gauge support of the alliances.

AccountingWEB Weekly News Wrap-up - Issue 33

The AccountingWEB Friday Wrap-Up Newswire - Issue 33March 10, 2000http://www.accountingweb.comIn the news this week:1. Internet 101 For KPMG Staffers2. Andersen To Move Culture From "Partnership" to "Membership"3. New Excel Pivot Table Tutorial Now Available4. Accounting/Legal Professions Continue Blurring The Lines5. Texas CPA Society Adds Online Classifieds6.
Technology

Internet Tip: Real-Time Market Research - QuickTake.com

I saw an ad in an airline magazine this week that intrigued me. Billed as "20/20 Hindsight Up Front and Online," QuickTake.com is a new service that conducts online surveys and market research based on parameters that you identify. For a fraction of the cost of traditional research methods, QuickTake.com can help test new business concepts, gauge market potential, determine attitudes towards a service or stance, and validate within hours other research conclusions during the roll out of a new product or service.

Deltek Presents Project CRM™ Solution with General Release of Project Workplace™

McLean, Virginia - March 10, 2000 - Deltek® Systems, Inc. (NASDAQ: DLTK) (www.deltek.com). Deltek Systems today announced the first general release of Project Workplace, a fully integrated and Web-enabled solution designed to address the customer relationship, business development, project and knowledge management needs of professional services organizations.
Community News

'Clean Your Closet' With Arthur Andersen

Arthur Andersen is cleaning out its closets.The firm is once again sponsoring "Clean Your Closet Week," March 18-25, in conjunction with Dress for Success, a non-profit group helping low-income women make a transition into the workforce by providing business clothing for interviews and future assignments.The firm will organize a suit drive in 37 cities across the United States and Canada. The firm's sponsorship is an outgrowth of its own "Growth and Retention of Women" (GROW) program.
Technology

Block Signs on to Snap Tax Center

One of the recently emerging--and popular--dot.com companies is Snap, and H&R Block is counting on the site's popularity to boost its own bottom line.A distributing and marketing agreement was signed this week that makes Block the primary content provider on Snap's Tax Center.Snap is part of NBCi, short for the NBC Network's Internet services division. The Snap site will offer services similar to Block's own tax site, such as online tax preparation and filing.
A&A

Further Defining 'Value Added'

Sylvia Pate of QuickSilver Consulting gave an encore performance this week to her initial workshop session on Value Added services. This week's session focused on the incremental efforts that add value.
A&A

Local CPAs Compete With Larger, Online Preparers

It's finally happened: a group of CPAs think they build a better mousetrap--or online tax preparation service--than the big guys like H&R Block, Intuit and H.D. Vest.The company is based in Encino, CA, and is called Taxes4Less.com. It is run by Russell Gotlich and Gregory Yulish, both formerly with Arthur Andersen.One of the main differences between their company and the larger ones is the ability to personally attend to tax returns and complete the electronic transaction.

Bell Canada Upgrades AICPA WebTrust

Communications giant Bell Canada has decided to upgrade its WebTrust program to Version 2.0, the newest format for the electronic verification program developed by the American Institute of CPAs.Enhancements to the new version includes principles and criteria for privacy protection, and resolving any customer or client problems.

Ask Jeeves and PricewaterhouseCoopers Form Strategic Alliance

PricewaterhouseCoopers is now a global partner with Ask Jeeves, Inc., an online, intuitive answering service. The largest professional services firm plans to offer the Ask Jeeves’ suite of corporate services to clients who access human resources and benefits programs through PwC. The firm also will utilize the Ask Jeeves suite to serve employees.PwC will offer the new service as part of its standard HR outsourcing services.
A&A

Money-Saving Tips for Focus Groups

Who has time to do research in today's rush-rush environment? None of us, of course--but if companies don't make an effort to perform some type of testing prior to implementing a new service, they could lose out on collecting valuable data that could potentially end in mixed results.One way to accomplish short-term research is through a Focus Group, a meeting of unbiased individuals who can provide feedback, personal feelings, expectations and other factors related to a potential product or service.
Community News

PWC Promotes 'Net Incubator to Staff

Everyone working overseas for PricewaterhouseCoopers are about to be drawn in to an internal promotions effort designed to promote new e-businesses and encourage staff to create their own Internet start-ups. Known as PWC's e-business incubator service, the firm even is providing staff a three-month sabbatical to work on their proposals.The firm's service also is available to external clients as well, and is designed to develop the next big Internet concept using PWC's services and consultation.
Technology

Analysis Says TurboTax is Killer App

CPAs and accounting professionals often are asked about the advantages of filing online. Here's a new angle to an already crowded playing field: Annette Hamilton of ZDNet News has christened Intuit's TurboTax the next "killer app."The accounting news channels have been filled with story after story of online preparation sites, including H&R Block, H.D. Vest and Intuit.

Tax Shelter In Question

A tax shelter for U.S. insurance companies may be eliminated if members of Congress have their way. The shelter makes it possible for these companies to stop paying income taxes by simply moving their headquarters to Bermuda.According to a New York Times article, six insurance companies have already started using the loophole. They either moved their offices to Bermuda or were acquired by a Bermuda insurer.Of course, the code is not intended to allow this type of activity, so Congress is looking into the issue. Four other insurers have joined the fight as well.
Practice Management

Would Clients Notice If You Dropped Dead Today?

A morbid topic? Not really. Even so, I am reminded that one of my friends once told me that the number of people who turn up to your funeral is directly proportional to the state of the weather on the day. Not really a comforting thought is it?But seriously, would your client notice if you had expired, if you had gone to meet your maker or if you received a call from The Man Upstairs this morning?Truth is, they probably would.

More on Value Added - with Sylvia Pate

Sylvia PateQuicksilver ConsultingSession Moderator: Welcome and thanks for joining us. We have a lively workshop planned! Before we get started, let me assure you that we'll answer all your questions even if we have to look at them at the end of the session. Our workshop is interactive, so feel free to jump in at anytime!Let's introduce our workshop leader first.Sylvia Pate has a management consulting and development practice in Dallas.
Community News

KPMG Tests its Staff on Web Savvy

KPMG has taken a proactive approach to practicing what it preaches. The Big 5 firm's staff is undergoing a special training program to ensure they know the ins and outs of the same services delivered every day to a strong e-client base.The class is known as "Internet 101," and as simplistic as that sounds, it's really a basic course in some of the more detailed, technological aspects related to the Internet.Everyone is required to attend the class as a conduit to support the firm's increasing consulting revenues.
Technology

Traditional Bookkeeping Best for Online Companies

In mid-February, AccountingWeb brought its readers a story about potential changes to accounting rules regarding "pooling of interests."Late last week, members of the bipartisan lobbying firm, TechNet, testified before the Senate Committee on Banking, Housing and Urban Affairs that the issue of pooling, or changing traditional accounting rules related to mergers & acquisitions, should be kept as it is rather than changing the reporting procedures.The group argued

Excel Tip: Pivot Table Tutorial: Data Extraction

This is one in a series of Excel Pivot Table Tutorials developed by AccountingWEB software consultant David Carter.

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