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FEBRUARY 19, 2008
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Features
Budgeting basics - Part II: Creating your budget Last week we learned about setting up goals for your budget. This week we begin with a discussion about how to calculate the cost of your goals, and then we get busy creating the actual budget.
SEC unveils 'Financial Explorer' investor tool using XBRL Securities and Exchange Commission Chairman Christopher Cox has announced the launch of the "Financial Explorer" on the SEC Web site to help investors quickly and easily analyze the financial results of public companies. Financial Explorer paints the picture of corporate financial performance with diagrams and charts, using financial information provided to the SEC as "interactive data" in eXtensible Business Reporting Language (XBRL).
Latest salary survey shows that, for accountants, it's not all about the money A recent survey developed by Robert Half International suggests that successfully wooing job candidates takes more than salary alone. While 37 percent of chief financial officers (CFOs) interviewed said offering higher compensation than competitors is the most effective incentive for attracting accounting professionals, nearly as many (33 percent) felt the benefits package had the greatest influence, up from just 2 percent five years ago. ![]() Firm/State NewsGrant Thornton rebrands with new logo and Web siteGrant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (Grant Thornton International), unveils its new brand identity today, February 19, 2008. Grant Thornton International member firms around the world will also use the new global brand identity and logo. ![]() Student NewsMicrosoft gives students access to technical software at no chargeMicrosoft Corp. Chairman Bill Gates today will unveil a software giveaway that will ultimately provide millions of college and high school students around the world with access to the latest Microsoft developer and designer tools at no charge to unlock their creative potential and set them on the path to academic and career success. ![]() Lite NewsBritish cross-dressing accountant may have faked his own deathSimon Carroll, 43, an British accountant from Shoeburyness, Essex, and a known cross-dresser, was thought to have killed himself last year after stealing nearly 600,000 pounds from the accounts of a building supply company in Essex. ![]() Latest News![]() Blogs!What have you got to say today?Liz Zitzow: Far and Away: Offshore Taxation The gist of the new tax is that anyone who is not "domiciled" in the UK and has lived in the UK for more than seven years will face either a 30,000 pounds ($60,000) fee to avoid worldwide taxation or a voluntary inclusion of their worldwide income on their income tax return. Dave Burt, CPA: The Shirtsleeve Accountant's Blog You can get a good explanation of price-to-book ratio or price- to-earnings multiples from many sources. However, to me the value in these ratios is historical only. What has happened? Editor's Note
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