News

Practice Management

Take Charge of Your Firm’s Destiny

Watch out for unnecessary mistakes. There’s an irony of the current economic engine. While there is more business, margins are also getting thinner. That’s why IBM took its PCs out of retail venues and is selling them online.Take a close look at your company. Are we sharp? Or, do we just think we are? When we sit around the conference table and talk about ourselves, we come away convinced that we are the best.Keep mining for new customers! Good times can mask future problems.

Top Ten Things Our Founding Fathers Would Say Today!

Courtesy of Dave Letterman, here's a bit of Friday humor to make the neverending election slide down a bit easier...10."Remember that electoral college thing we made up when we were drunk? They're still using it!"9."Maybe that ruthless monarchy thing in England wasn't such a bad idea after all..."8."Good to see Florida is still using the same old voting machines"7."That's odd -- in my day, we also had a senator named Strom Thurmond"6."So that's the Washington Monument?

AccountingWEB Receives Award for Innovation

Press ReleaseAccountingWEB, Inc.PO Box 68748Indianapolis IN 46268317-876-7525Contact: Kelly McRaeAccountingWEB, Inc. Named First Recipient of "On The Edge" Innovation Award***AccountingWEB has been selected as the very first recipient of the "On The Edge Innovation Award" from the Leading Edge Alliance, a progressive association of independently owned public accounting firms in the USA. AccountingWEB CEO Michael Platt accepted the award in Las Vegas at the association's Annual Conference.
Technology

The Top 100 Software Products for 2000

ZDNet has come out with their annual reviews and listings of software, the Top 100 Software Products for 2000.The list includes software covering all types of applications, including productivity, personal finance and graphics. Reviews of each product are included, along with pricing information.In addition, some titles are available for download.
Technology

Vest Begins Personalized Portal

Is there room for one more portal? H.D. Vest thinks there is, and has come out with 'MyHDVEST.com' as a way to continuously market its products and services to its clients and potential customers.Using real-time applications, the portal is designed to provide information on investment planning, along with links to Vest services and other resources.The portal marks the second time this year that the Dallas-based company has banked on the power of the Internet; in January, it debuted the Web site and provided the ability to file tax returns via the Web.
Technology

New Internet Suffixes Create Much-Needed Expansion

It took five years to do, but yesterday's announcement that there will be seven new Internet domain suffixes is welcome news.The problem was an overcrowded playing field.
Tax

Internet Companies May be Circumventing Tax Rules

The IRS has been charged with the responsibility of determining the effect that an Internet presence has on the administration and compliance rules relating to the collection of income tax.As part of that effort, the upstate New York IRS district office conducted a research project that confirmed the concerns of the Treasury Department, that companies operating on the Internet may not be paying their full share of income tax.The study covered six distinct market segments, all identified through 18,000 Web sites delivering goods or services.

Excel: Favorite Tips and Your Questions Answered, with Gail Perry

AccountingWEB Workshop: November 16, 2000Presenter: Gail Perry, AccountingWEB Managing EditorAccountingWEB, Inc.Author of "Excel 2000 Answers!"

Tom Palka

Tom PalkaCFP, Founder of RIA Technology, Inc.Workshop presenter, Thursday, December 7, 2000Workshop Topic: 401(k): Your Hidden Income OpportunityTom Palka, CFP and founder of RIA Technology, Inc. discovered the need for people to understand their employer savings programs in January of 1987 as he began the process of meeting individually with over 1,000 Ford Motor Company employees to review their company savings program. Since that time RIA Technology, Inc.

Fed's Future Focus Fraught With Frailties

The Federal Open Market Committee, the panel that sets nationwide interest rate policy, agreed to leave interest rates unchanged this week, but indicated it is keeping a close watch on the threat of inflation.Analysts didn't really expect the Fed to touch the federal funds rate (6.5 percent) based on the current economy, but many were surprised at the talk about potential inflation.
Technology

Pentium 4 Chip Available Thanksgiving Week

The green men on the latest round of Intel commercials touting the strength of the Pentium 3 chip either will have to hire a fourth person or clone themselves.After months of anticipation, Pentium announced this week at COMDEX that their Pentium 4 chip would be ready on Monday, Nov. 20.

Brooks Parker

Brooks ParkerProfessional Development ConsultantResults Accountants' SystemsA native of Boston, I studied Marketing Communications at Plymouth State College in New Hampshire. This enhanced what I'd learned as co-founder and owner of The Parker Twins Co. My twin brother and I founded the company back in 1993 and built a well-established business that served hundreds of satisfied customers.

Jennifer Dayce

Jennifer DayceProfessional Development ConsultantResults Accountants' SystemsBorn and raised in San Francisco, CA, I was the youngest and only girl in my family. I decided that if I ever wanted to develop an identity, other than being someone's little sister, I needed to leave the state. And thus I did. I received my B.A. in Speech Communication from Denison University in Granville, OH.
Technology

Palm Strikes Gold in new Offerings

A technology-hungry world just can't escape the market domination enjoyed by Palm and their Personal Digital Assistants (PDAs). An announcement made at COMDEX in Las Vegas confirms this fact, and more ...
Education & Careers

Searching for Interns or Internships?

Accounting firms and businesses across the nation hire numerous student interns every year, but how much experience are these students receiving, and how do you know if you are providing them the path they truly want and the tools they need for their chosen profession?Choosing an internship is just as tricky.

FEI Opens Doors to Global Membership

FEI, the leading professional association for corporate financial officers, controllers, and treasurers, has officially changed its name from Financial Executives Institute to Financial Executives International.FEI, which has previously limited its membership to financial executives in the U.S.

Audit Clause Popular in Outsourcing Agreements

How much business do you outsource to a third-party provider, and what kinds of controls have you built in to the relationship?An 'audit' clause in an outsourcing agreement is becoming more and more popular, especially as businesses continue to outsource tasks that are complex and require third-parties to touch and deal with sensitive data.
Tax

$67 Million in IRS Refunds In Search of Taxpayers

IRS Commissioner Charles Rossotti is looking to become Santa Claus, as the IRS initiates its search for over 90,000 taxpayers who are due over $67 million in refunds this year.The search is an annual exercise by the IRS, prompted primarily by people changing addresses without informing the proper authorities."This is one case where we're more than happy to pass the buck," says IRS Commissioner Rossotti. Over 15,000 undelivered refunds are due to residents of California, followed by 8,000+ each for New York, Florida and Texas.
A&A

ValueReporting: Financial Reporting for Today's Economy

In an effort to more accurately reflect the value of today's knowledge-based businesses, Big 5 firm PricewaterhouseCoopers has launched a new framework for financial reporting called ValueReporting, a new method of capturing what is important to 21st century businesses.

Best Cities for Business

Fortune Magazine has announced its annual listing of the Best Cities for Business and the surprise is - there are no surprises.New York, San Francisco, Chicago, Washington DC, and San Jose top the list.

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