Consulting

Vest Strengthens Financial Services Offerings

This week, Dallas-based financial services giant H.D. Vest announced a new alliance with Mortgage.com in an effort to continue building its portfolio of offerings to clients and customers.Customers can log on to the mortgage site through the regular Vest Web site.

ABA Debates Lawyer/CPA Alliances

The American Bar Association, during their annual meeting in Dallas, a href="http://www.accountingweb.com/webnews/wed/ch/Aaba-branching-out.RQA8_AFE.html">debated the pros and cons of allowing lawyers to merge with accountants and other business professionals.During the six-day meeting, much of the agenda was taken up with this topic, which has been in the news over the past year with the ventures of several Big 5 accounting firms to offer legal services.However, a resolution was not reached, and the ABA expects no resolution before August, at the earliest.

ADP Sweetens Accountants Deal?

ADP has unveiled its new Accountant Advantage program as a way to market its services to CPAs and accounting professionals whose small business clients could benefits from ADP services.ADP services are not new to the marketplace, so what's in it for the CPA?If a client works with ADP and the referral can be traced back to the professional, then the CPA earns "rewards" toward online continuing education credits, as well as access to what ADP calls "other educational and business growth opportunities."ADP is keeping the rest of the rewards vague, but does indicate that it will provide i
Technology

Andersen Consulting Opens Dot.Com Offices

Andersen Consulting is bringing its brand of consulting to 17 locations nationwide as it opens offices to focus on transitioning young, Internet start-ups to initial public offerings or IPOs. The first office will open in Chicago.The endeavor will cost Andersen more than $1.2 billion in equity during the next three years as it secures locations, consultants and opens offices.
Practice Management

Fraud Costs Companies $400 Billion Annually

Many CPAs and accounting professionals have discovered a lucrative business by specializing in fraud, and are extremely familiar with this tremendous drain on resoruces, but did you know that fraud costs North American companies more than $400 billion annually?And that's just the beginning. Putting the monetary loss aside, fraud takes its toll on other aspects of company operations, like employee morale and long-term growth.
Community News

Formation of KPMG Consulting Positions Firm To Go Public

In a move generally interpreted as a first step towards taking its company public, KPMG announced on Monday the formation of KPMG Consulting, a separate corporate entity, which will handle the business consulting side of the business.KPMG Consulting will be 80.1 percent owned by KPMG and its partners, and 19.9% owned by Cisco Systems, who last August announced an investm
Community News

PWC Denies IBM Partnership Rumor

A rumor has surfaced that IBM will buy or form an alliance with the consulting arm of Big 5 giant PricewaterhouseCoopers, but according to PWC officials, the rumor is false.The rumor began late last week when the New York Post reported that PWC was thinking about separating the accounting and consulting functions--and even considering possibly selling the consulting division.An internal restructuring task force is, however, studying how to align the company for the future, especially in light of the bad press the
Practice Management

Focus Your Firm With Client Advisory Boards

Ryan Travis, a a professional development consultant with Results Accountants Systems, led an online workshop today focusing on the benefits of a client advisory board in helping to steer your organization to success.A Client Advisory Board, or CAB, is a focus group of sorts, made up of 6-12 of your "A" list clients, whom you invite for 2-3 hours to a session, facilitated by someone outside your firm, in which they are asked to comment
Community News

Andersen's VC Effort Fleshes Itself Out

Last week, AccountingWeb reported a story about how Arthur Andersen is repositioning its practice and conducting business through a new venture capital practice for Internet start-ups. Now that the dust has settled on the announcement, the firm has made public additional details regarding the VC component.Because everyone--these days--also is in the funding of Internet start-ups, experts are beginning to doubt the sincerity of Andersen's foray into the business.
Technology

MAS 90 Internet Capability Widens With New Program

Sage Software has announced a partnership with Concentric Network to provide high-speed hosting abilities for its popular acounting program, MAS 90, allowing users of their Internet.access service better and faster connections to the accounting package.

Counsel Spending Increases for Companies

A new survey by PricewaterhouseCoopers reports that spending for outside counsel to advise and represent corporate America rose slightly more than six percent during 1998 - the year the survey covered.PWC attributes this increase to a strong economy, and more mergers and acquisitions.
Technology

CPA Firms can Rely on "SAVE" to Advise E-tailers

Many CPAs have firms as clients who conduct business over the Internet, especially retailers and others fully engaged in E-Commerce, but how equipped are small- to medium-size CPA firms in helping their clients evaluate an online strategy?KPMG has developed its new SAVED!

Netledger's Accounting Package Wins Award

Netledger and its availability as an Application Service Provider (ASP) with Web-based applications has won PC Computing magazine's 1999 Most Valuable Product Award for Outsourcing Accounting.Netledger placed ahead of accounting rivals Andersen Consulting and Deloitte & Touche. In its 11th year, the awards program honors technology and buisness tools for their applications over the Internet and in other high-tech arenas.

Sage Acquires Best Software in Deal Worth $445 Million

The Sage Group, owners of Sage and its popular line of accounting software like Acuity, Peachtree and BusinessWorks, has announced it will buy Best Software. The transaction is expected to be final in February in this cash deal worth $35 per share or $445 million.Best is known throughout accounting circles for its line of human resources, fixed asset and payroll software.
Technology

Big 5 Executives Transition to E-Business Companies

CPAs have always been at the top of the list of advisors in providing value-added knowledge.
Community News

Is CPA/Legal Fee Sharing Wrong?

Independence reigns supreme within CPA and law practices, but what about the issue of sharing fees within a practice that services both industries?Late last year, several Big 5 firms announced the set-up of law practices connected to the CPA practices to provide turn-key services to clients and enhance firm revenues.The issue is a nationwide one, and a Texas lawyer who heads up a State Bar of Texas Task Force to examine the multidisciplinary issue will go public on Jan.
Technology

More pivot table secrets revealed

Pivot tables return by popular demand! Consultant David Carter is back at AccountingWEB with another of his vital guides to using pivot tables in Excel. David's previous tutorial on this invaluable Excel tool was the most visited part of AccountingWEB last year, and this second rundown, on sales analysis, should prove to be just as much of a hit.David's second tutorial lets you analyze complicated sales data quickly and easily from accounting packages such as Sage, Pegasus, SunAccount, Navision etc.
Community News

MySap.com Includes Deloitte and Andersen Consulting

Following up on an initial September announcement, SAP America's new online ERP (Enterprise Resource Planning) solution, known more familiarly as mySAP.com, has recruited Delotite & Touche and Andersen Consulting to join its initial core in SAP's Partner Network.SAP provides ERP and other solutions to the business marketplace, and is one of the companies heavily used by CPAs who provide consulting services for their clients.Other partners include IBM, Hewlett-Packard and Sun Microsystems.

BDO Seidman Receives Sage Award

The honor of National Consulting Partner has been awarded to the accounting firm of BDO Seidman by Sage Software as part of the company's 1999 Business Partner of the Year Awards.Thw awards were presented in Hawaii as part of Seidman's Circle of Excellence Awards Program.Other recipients included Blytheco Inc., Macdonald Consulting Group, TFI Inc and Brunswick Integrated Computer Solutions.Sage is a provider of accounting solutions with its various software products geared to various size companies, including MAS 90, D

Largest Year-End Projects Related to Y2K

A new study by PricewaterhouseCoopers finds that the majority of companies surveyed are heavily concentrating on Y2K preparedness in areas of investment, staffing and other matters. U.S.

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