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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.
Technology

Step up Folks! Dell Slashes Prices on PCs up to 18 Percent!

Austin-based Dell Computer Corporation today announced it would cut prices up to 18 percent on its network-ready OptiPlex business desktop PCs. The decision was made based on savings the company has gained from reductions in component costs, dramatic increases in online support versus telephone-based technical support or other support, and surging Internet sales. The reported daily savings figure is $30 million.

Latest News in Washington: Congress Ponders Tax Changes

Before the year is out, taxpayers can rest assured that changes to the tax scenario once again will occur ..
Community News

HRB International Taps Former AmEx Exec

H&R Block expands its international tax operations today by appointing Jeffery Yabuki to the newly created position of President of H&R Block International.Mr. Yabuki will head up the company's international tax operations, with primary focus on Australia, Canada and the United Kingdom. He will also be responsible for implementing the financial services expansion stategy overseas.Mr. Yabuki was former President and CEO of American Express Tax and Business Services, and was a key player in the CPA firm acquisition strategy of American Express.

Pay For Performance Increases In The Year 2000

Employees looking to line their pockets with green better step up their performance in 2000. According to Hewitt Associates Salary Increase Survey, salary increases will be moderate - ranging from 4.4 percent for executives to 3.9 for non-union hourly workers.Conversely, the survey finds variable compensation plans will increase by 16 percent. Companies funneling money into pay for performance programs find their fixed costs don't expand with rising salaries; self-funding performance awards are paid as company goals are realized.

Russian Bank Under Investigation By The IMF

The Russian central bank received its first $640 million loan installment from the International Monetary Fund (IMF) but will the bank receive future installments on the $4.5 billion loan?It depends on what the IMF and PricewaterhouseCoopers uncover in their joint investigation of the bank. The investigation coincides with allegations that Russians may have illegally diverted up to $10 billion through the Bank of New York.
A&A

NYSE Delays Plan to go Public

The New York Stock Exchange (NYSE) has delayed plans indefinitely for its own IPO while it provides tough answers to issues involving regulation and taxation.Based on feedback from its own board of directors and other parties, chairman Richard Grasso said the NYSE made the decision to go forward with a strategic plan addressing public policy-related questions rather than solidify the IPO at this time.
Technology

Makers of Palm Pilot Develop New Wireless Service for Earlier Models

Healthy competition is good, but competing against yourself? 3Com Corp, makers of the Palm Pilot line of personal digital assistants (PDAs), along with Aether Systems, Inc., have announced a new wireless service called Open Sky that will serve the Palm III and Palm V. The service is expected to debut first quarter 2000.3Com has beta-tested its new Palm VII this summer in various markets, and plan to roll out the model in mass this fall.
Technology

Happy 30th Birthday to the (Invisible) Internet

Join us in wishing the Internet an unofficial Happy 30th Birthday!
Practice Management

Sell Like A Harley

Everyone knows Harley-Davidson. You need to wait in line if you want one of their motorcycles. And you'll pay a premium for your hog because they're so popular. Maybe you forgot when no one wanted to buy them. In 1981 when AMF tried to sell them, not one company offered to buy them. That's quite a turn around from no one wanting you, to everyone who wants you standing in line. Their strategy for turning their business around has some powerful seeds of wisdom that can help us grow our businesses.Know your business.
Practice Management

Survey Finds Companies Rewarding "Y2K Weekend" Staff

Information systems professionals working the weekend of December 31 through January 2 can forget that New Year's party. In lieu of spirits and camaraderie, however, they may receive extra pay, compensatory time off, and other special privileges. A new survey by William M.
Technology

Watch Out For The "Thursday" Virus

Network Associates Inc. reported yesterday that a new Word Macro virus, dubbed "Thursday," has cropped up among banks and financial institutions in eight different countries.The Word 97 virus attacks the normal.dot file. What's scary is the virus is what is known as a "sleeper" virus. Users won't know they are infected until December 13, 1999 when the virus will attempt to delete all files on a user's "C" drive.Users in London first detected the virus. It's now in the U.S.

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