AccountingWEB News Wrap-Up - Issue 212
- PCAOB Chief Warns Auditors of "Grave Consequences" For Misdeeds
- CFOs Measuring Cost of Sarbanes-Oxley Implementation
- Deal Puts WorldCom on Path to Solvency
- Special: In Remembrance of September 11, 2001
- House Fails in Effort to Stop EIC Pre-Certification Program
- First Enron Executive is Sent to Prison
- FASB Addresses, Delays Stock Option Rule Setting
- Health Insurance Costs Continue to Soar: Will it Ever End?
- Congress May Impose Cyber-Security Reporting Requirements
- Treasury, IRS Issue Guidance: Add'l Bonus Depreciation Allowance
- SPECIAL ALERT: New Computer Alerts and Updates
AccountingWEB is pleased to bring you tools that can help systematize the accounting department of a small company, corporate business or a public accounting firm. Over 200 accounting department policy templates, written in Microsoft Word, are available for immediate download. You can choose from eight groups. Check them out today! 
You can tell a lot about a person from the way they behave at a networking event. I had the opportunity a couple of weeks ago to watch CPAs, attorneys and investment bankers in action at a business-after-hours event.
The attorneys zeroed in on the most important people in the room and dominated those people's time and attention. The CPAs looked for an opening in a conversation, invited themselves in and stayed with that conversation for the better part of the evening. And the investment bankers? They sought out people they didn't know, boldly stepped into the middle of the conversation, extended their hand firmly to introduce themselves, and gave everyone their business card.
Yes, you can learn a lot about people at networking events. What does the way you behave tell others about you?
Michael Platt, CEO
e-mail Mike Platt 
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1. PCAOB Chief Warns Auditors of "Grave Consequences" For Misdeeds 
William McDonough, the head of the Public Company Accounting Oversight Board, issued his first public policy address this week, and his tone left no question about his approach to oversight.
A recent survey of corporate chief financial officers found concern, confusion, and more than a little "sticker-shock."
The nation's largest bankruptcy filing could be on its way to resolution after WorldCom agreed to pay $385 million more to address some of the biggest roadblocks it had faced in reemerging from bankruptcy.
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On this second anniversary of the events of September 11, 2001, we wanted to again bring you "Thoughts From Manhattan," an essay written by a Marketing Director of a CPA firm in mid-town Manhattan on his thoughts and observations as the sun set on that memorable day.
11. SPECIAL ALERT: New Computer Alerts and Updates
1a. 9-11 Virus is Making The Rounds 
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