News

ExSTRM* Vision Alert: September 10, 1999

ExSTRM* Vision Alert: September 10, 1999...YOUR connection to information technology in the CPA/Accounting Firm marketplace.We found an easy (and FREE) way to boost visibility of your web site and get a decent technical evaluation that we wanted to share with you. Submit-it is a service that will place your web site on the most popular search engines to help you get noticed.
Technology

Test The Way Your Email Looks

Do you ever wonder what your email looks like to a recipient? Is the format right? Does it contain all those #@%*! email tags at the bottom? To test your email, compose a short message and mail it to test-format@allrealgood.com. Once sent, go to http://www.allrealgood.com/format.txt to see your message on display (If you don't see it, hit reload or refresh on your browser).
Practice Management

Develop A Marketing Plan That Works

Does your firm have a marketing plan? Do you know where it is? If your firm's marketing plan is sitting on a shelf, if you aren't getting the new business results you want, if you have a plan and don't know what to do with it - read on. A well-developed marketing plan can put you on the road to results.Like any other good instruction manual, we must start at the beginning. Let's get rid of any misconceptions you may have. What A Marketing Plan IsA well-defined marketing plan is your firm's road map to results.
Community News

PAR Top 100 List Shows Effects of Consolidators

It's no surprise that the Big 5 are on top of Public Accounting Report's Top 100 for 1999. What may surprise you is who's not on the Atlanta-based newsletter's exclusive survey.At least 12 firms that ranked in the Top 100 in 1998 dropped off the list this year due to consolidation activity. McGladrey & Pullen, ranked as the nation's seventh-largest accounting firm last year, is one of the largest affected. McGladrey & Pullen and others didn't make the list because audit services must be offered by a firm to be included in PAR's Top 100.
Technology

Study Reveals Web Sites are Only 19 Mouse Clicks Apart

The medium is the message, and interconnectivity is key to the technology. A study released Thursday in Nature says any two randomly selected pages on the Internet are only 19 mouse clicks apart from one another.The study was led by physics professor Albert-Laszlo Barbasi at the University of Notre Dame, who, along with his team, had a robot collect and follow all links found on one Web page.

Consumer Confidence Rated High in Annual ABC News/Money Magazine Poll

The annual ABC News/Money magazine poll reported this week that almost three-fourths of Americans said the U.S. economy is strong, a mark just shy of a previously reported all-time high in confidence.

Whew! No System Glitches on 9/9/99

CPAs and others working in Y2K consulting for clients and employers can rest assured that all is well in byte land. In what was considered the first true test in preparation for the Y2K bug, computer systems around the world made it over the hurdle on Thursday via the critical 9/9/99 date function.The series of four numbers was considered important because the code could have kicked in a "stop gap" ability, or could have prevented data on computers from being processed.

Cutting Debt is Key Component to Tax Cuts

The debate on tax cuts continued to rage when Treasury Secretary Lawrence Summers said this week that reducing the Federal debt was the only way to continue maintaining a strong economy.Although it is widely expected that President Clinton will veto the recommended $697 billion tax cut passed by Congress last month, Summers believes that reducing debt is important to a tax cut for families because a reduction lowers interest rates while increasing investments.

AccountingWEB Weekly News Wrap-up - Issue 8

The AccountingWEB Newswire - Issue 8September 9, 1999http://www.accountingweb.com============================================================== In the headlines this week:1. Public Oversight Board To Determine Effectiveness of Audits2. H&R Block Buys Olde Securities3. IRS Changes Website Address4. PWC Talks With Grant Thornton About Merger5. New York Offers Personalized CPA License plates6. Pentium Speed Reaches 700MHz7.
Community News

PWC and Grant Thornton Confirm Merger Talks

The Wall Street Journal confirmed that PricewaterhouseCoopers and Grant Thornton held merger talks earlier this summer, but jointly decided not to pursue anything at this time.

ExSTRM* Vision Alert: August 25, 1999

ExSTRM* Vision Alert: August 25, 1999...YOUR connection to information technology in the CPA/Accounting Firm marketplace.Office 2000: We have been asked whether or not CPA Firms should update to Office 2000 before year-end. Though we are testing the upgrade, we are not ready to give a “green light” except to our most technically capable firms (Leading Edge Infrastructure). We feel the majority of our firms will be better off riding through the Millennium Tax Season with the Office 97 and Windows 95/98 environment after all Y2K updates are installed.
Practice Management

Do your web site visitors get a virtual gold mine or the shaft?

You've seen them. The web sites that have more going on than a three-ring circus. It flashes, it plays music, and it blinks. But does it communicate with its visitors? Web sites that take advantage of the latest technology but leave old-fashioned communication at the door are missing the boat.Follow these guidelines to ensure your site's not one of them.· Talk to your audience. Know who you are talking to and speak to them in their language. Whether it's recruits or client prospects, make sure you communicate a clear, consistent message.
Technology

To Tax Or Not To Tax

A Note From Tina Kersen, AccountingWEB ContributorThe other day I hopped online to order some Ray Ban sunglasses. I was pleasantly surprised when I signed onto Shades.com to find the exact pair of shades I admired in the mall for exactly half the price. Prior to ordering at the virtual "check out," I figured my total savings· $60.00 ($120 retail vs.

Strong Global Economy Moves Bank of England to Raise Rates

Strong economic conditions and global demand were cited as key factors in the Bank of England's decision to raise Britain's short-term interest rate on Wednesday. The Central Bank's Monetary Policy Committee (MPC) raised Britain's short-term rate by 0.25 percent, moving it from 5.00 to 5.25 percent.The nine member MPC is said to have based their decision on rising retail sales, continued housing price increases and favorable labor market conditions. Various independent surveys reviewed by the committee reported marked increases in economic confidence measures.
Technology

Handspring's Visor Will Enter Market as Palm Rival

If you've been looking for a less expensive, faster and more expandable version of the Palm Pilot - you may be in luck. Handspring Inc. will unveil its new Visor product line on September 14 in a move to make you think seriously about retiring your trusty Palm handheld.Three new Visor models will be introduced at prices much lower than their 3Com competitors.
Technology

Macola Partners with Microsoft to Improve Progression Series 7.5

Macola Software has enhanced the speed and efficiency of its signature business management software by packaging Progression Series 7.5 with Microsoft SQL Server 7.0, the leading Windows NT Server-based database.Macola is a Microsoft Solution Provider Partner that develops software products using the Microsoft Windows and BackOffice environments.

Federal Reserve See Hints of Inflation

Although talk of inflation was in the air as Alan Greenspan and Federal Reserve Governor Laurence Meyer spoke at separate functions on Wednesday, both declined to comment on the future outlook of interest rates.Greenspan, who gave a presentation at Grand Valley State University in Grand Rapids, Mich., avoided the topic of interest rates and focused instead on the importance of education and technology in keeping the global economy strong.
Practice Management

The Fog Of Value Added Selling

When you hear the expression value added do you conjure up foggy images of something good, but a concept that is not quite specific? This article will cut through the fog of value added jargon. Here are specific ideas of what value added selling can do to increase your business.What is it? The definition of value added that fuels our selling creativity comes from the experience of an executive who visited Epcot Center. He went to learn about customer satisfaction. He always believed that customers should be given more than they expect, but he had a fuzzy notion of what that was.

Public Companies Affected By New GAAP Rule

The AICPA is out to eliminate "diversity in practice" for insurance-related assessments for publicly-held companies. A new rule will force companies to immediately accrue estimates of financial liabilities for insurance-related assessments that are based on paid losses. The idea behind the practice is that it will make financial statements more uniform across companies.AICPA's Statement of Position 97-3 applies to financial statements for company fiscal years beginning after December 15, 1998.
Practice Management

One-Button Disaster Recovery Available For Small, Medium Businesses

As accounting professionals, we live and die by bits and bytes of computer data. If you lost all computer systems in your firm, do you know what it would take to get your firm back "online?"Hewlett-Packard does. The worldwide market leader in tape backup solutions just recently announced that its One-Button Disaster Recovery (OBDR) system now can be utilized by many of the leading servers used in small- to medium-sized businesses. Among those supported: Acer, Compaq, Dell and IBM. ARCserve IT for NT is scheduled to support OBDR by October.

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