Technology

Technology

Microsoft to Offer Software for Rent

The Financial Times reports that Microsoft is believed to be about to offer software for rent over the internet as early as the first quarter of next year. This is expected to be a major growth area next year and Microsoft, the dominant player in the Office suite market is keen not to be left behind.Microsoft’s rival, Sun Microsystems, plans to offer a competing range of software products for free on the Internet later next year.
Technology

PWC Survey Reveals E-Commerce is key to Economic Growth in Asia Pacific

Small- and medium-sized companies' use of electronic commerce is key to economic growth in Asia Pacific, according to the results an international survey conducted by PricewaterhouseCoopers.
Technology

DON'T DOWNLOAD AOL 5.0 WITHOUT READING THIS!

Stop press. New features abound in the new AOL v. 5.0, but you may find that in downloading the new version you will lose your connection to the Internet. If you have an AOL account and a separate dial up account with another Internet Service Provider, the new AOL 5.0 may disable your Internet connections. The culprit appears to be the AOL TCP/IP adapter installed by AOL 5.0. In some instances, it may establish itself as the default network adapter and disable any DNS settings required to connect to an ISP.
Practice

Ez401k.com is a Fast, Inexpensive Alternative to Setting up Plans

CPAs who provide consulting services in retirement planning take note: employers can now set up a 401(K) retirement plan on the Internet at ez401k.com.Ez401k.com markets itself as an efficient and inexpensive alternative to traditional 401(k) planning. With the cost to set up a company retirement plan at $401, ez401k.com gives businesses a savings in fees of $1,500 or more. A watch on the ez401k.com home page lets an employer see exactly how long it takes them to design a plan and print out announcements for employees.
Technology

Support For XML Available

The American Institute of Certified Public Accountants (AICPA) has developed an initiative that will encourage standardized digital financial statement formats using extensible markup language (XML).
Technology

Another Big 5 Exec Lured To the Internet

Hot on the heels of Andersen Consulting CEO George Shaheen's retirement to head up Internet startup Webvan, Jeffrey Hirschberg today announced his retirement as Vice Chairman of Ernst & Young to become a director of visitalk.com, a web-based telecommunications start up company.At visitalk, Hirschberg's role will be to help facilitate the company's attempt to build a global directory that allows online voice and video calling.
Technology

Internet Taxation Panel May Delay Report

Following up on a story we published last month, it appears as if the Congressionally appointed Advisory Commission on Electronic Commerce may not complete its much anticipated report in April 2000, as originally expected.The U.S. Senate's primary sponsor of the panel, Sen.
Technology

GAO Issues Report on Risks in Computer Networks

Overprotective or not, the General Accounting Office today issued a report citing the unstable environment associated with computer networks and the associated fallout related to national defense, taxation, law enforcement and air traffic control.Part of the report focused on statistics compounded by the risky networks, including the number of times the federally funded emergency response team at Carnegie Melon University's CERT Coordination Center responded to security problems.
Technology

IBM Joins Apple and Others in Adding Color to its Hardware Palette

Color is the key with IBM ThinkPad I-Series 1400 notebooks. Purchasers will soon have a choice between seven covers that snap on to the notebook computers. Colors range from a metallic green to the corporate "big blue."This particular line of notebook computers is only 12 months old, but IBM believes the color choices add to the personalization associated with today's computing needs.
Technology

Delays For Windows 2000

Microsoft promised Windows 2000 and a whole lot more, but hasn’t delivered – yet. Microsoft announced a new release date in November which means many IT professionals may not get the new operating system until January. So much for ringing in Y2K with Windows 2000.Beta testers of the software complain that the ongoing delays have affected their maintenance plans and their budgets. For example, one company budgeted training money for the new operating system for a certain quarter.
Technology

New Internet Job Sites Offer More

Employers looking to snag twenty-somethings know they have to look at the Internet to get in front of these technology-driven whiz kids. The good news is that today it could cost a lot less.A few years ago, a leading job search site like monster.com was the only place to go. Today, so-called “second generation” job search sites are offering more services at a lower cost. Capitalism is alive and well on the Net today.Veteran job search sites charge companies more than $200 for a job listing; new sites charge as little as $39.
Technology

Top Performing Companies Use IT To Their Advantage

Information technology is playing a pivotal role in business today – a role that goes beyond adding numbers and printing out words on a page. Top performing companies are streamlining processes and improving efficiency through effective IT strategies.A study conducted by the research arm of AnswerThink, a leading consulting group, reveals a direct correlation between first-quartile companies with a lower per end-user costs and those who view information technology as a strategic business tool.
Practice Management

Going Online to Recruit Employees

Most CPA firms and businesses who hire CPAs and accountants know that finding good employees to fill positions takes time and patience. Placing newspaper want ads is one way to go, but in today's fast-paced, technology-driven world, going online to find employees makes sense for many reasons.Over the last two years, according to the American Management Association, just over half to 70 percent of all companies across the United States advertised jobs and recruited employees over the Internet. Why? Cost and convenience.
Practice Management

Turnkey IT Solutions Available Through Outsourced Options

Doing more with less seems to be the norm in today's small business. As unemployment statistics continue to be the lowest America has seen in a long time, outsourcing by small and medium-size businesses continues to be a viable option, especially in the IT arena.Two new California-based companies called Everdream Corp. and CenterBeam Inc. are examples of outsource options that can handle any matter related to technology, for a monthly fee.
Technology

Playing Big Brother

Time is money. Accounting firm owners know this as well as anyone. But what happens when Internet access gobbles up your firm’s precious time? Employers looking to play Big Brother and keep a check on Internet activity in their companies have several options. One solution is to completely limit access to the Internet. The problem with this idea is that it also limits your employees’ resources. Some employers are setting up Internet stations where employees can log on for specific projects. These stations are usually set up side by side and offer the employee little privacy.
Technology

New Tech Tools Scream Smaller Size and Integrated Functions

The technology tools coming out later this year all share one common trait: their size is smaller than their predecessors, and the technology enables the devices to integrate the functions performed today by several devices. Boy oh boy - can these things hum!During the Personal Communications Showcase in New Orleans, vendors unveiled their new achievements in wireless communications, and the winners hands-down were palm-sized cellular phones that double as pagers and personal messaging centers.Think you're technologically savvy?
Technology

Are Smart Cards, Er, Smart?

American Express is at the helm again. They are serving up smart cards to customers long before anyone else in the U.S. has even hopped on the bandwagon.What makes a smart card smart? Well, each card is loaded with a mini-microprocessor that allows the user to enter identification data for each transaction. It works similarly to a bank debit card where the user must enter a password.
Technology

Intuit CEO Resigns; Returns to Entrepreneur Role

Intuit has announced that CEO Bill Harris has resigned his position to pursue entrepreneur activities. Replacing him on an interim basis is chairman Bill Campbell.Harris is credited with developing and creating the company's Internet business as a hub for online financial services. Twenty percent of Intuit's revenues over the past six months were derived from the Internet.Harris has spent seven years with the company, beginning his role as executive vice president for the tax division in 1993, and progressed to CEO in 1998.
A&A

Technology Used by CPAs Affects Online Brokerage Industry

Data mining is one of the new buzzwords in the accounting and technology industry, perpetuated by the ability to drill down into spreadsheets and general ledgers to extract information. In fact, it was named one of the AICPA's Top Ten Technologies in 1998.The banking industry has used data mining as a means to track information on customers from data submitted by the customers themselves. Data is compiled in a computerized data warehouse for use in other areas.
Community News

Accounting Firms Consult to Verify Security of Web Sites

PricewaterhouseCoopers and Deloitte & Touche are two of several consultants who have lent their expertise in the Web site security arena and to the content of a report published by Plano, TX-based Entrust Technologies Inc. This is an issue CPAs should be knowledgeable about based on the CPA Vision vision statement and AICPA's WebTrust program.The

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