Training

Education & Careers

Oil Industry & Accountants

With a shortage of accountants specializing in the oil and gas industry, EnCana Oil & Gas (USA) Inc. paid $20,000 to partner with the business school at the University of Colorado, at Denver, (UCD) for an oil and gas accounting course. EnCana USA is a subsidiary of Canadian giant EnCana Corporation located in Denver, according to the Denver Business Journal. The company is paying for the books for the course.
Practice Management

The Makings of a Good Manager

Research recently conducted by 3D Group, a consulting firm of industrial and organizational psychologists as part of the effort to enhance and improve their Corporate Leaders assessment tool, found that managers are more highly rated for their ability to manage processes and results than for their interpersonal and team-building skills.
Technology

Vertex Property Tax Reference Joins CCH State Tax Offerings

CCH, a Wolters Kluwer business, announced on Monday that the company had acquired the Property Tax Reference from Vertex Incorporated. The product will immediately be rebranded CCH Property Tax Reference as it joins CCH’s authoritative and popular line of state tax online, print and CD-ROM products for tax, accounting and compliance professionals.“CCH is committed to providing professionals with the most authoritative, comprehensive research resources available,” Angela Darrow, CCH product manager, said in a prepared statement.
Tax

Mark Your Calendar: Location-Based Tax Incentives

Location, location, location. This familiar mantra of the retail and real estate industries now applies to tax incentives. The numerous valuable tax incentive programs available to businesses based upon their location, will be the topic of a live, 150-minute audio conference presented by CCH, a Wolters Kluwer company, on at 2 p.m.
Education & Careers

Effective Methods for Developing Global Leaders

“The best way to accelerate global leadership development is to have a sound framework,” Robert Kramer, Principal Researcher, The Conference Board and author of the report Developing Global Leaders: Enhancing Competencies and Accelerating the Expatriate Experience, says.
Practice Management

What Is Environmental Accounting?

Environmental Management Accounting (EMA) is a cover title used to describe different aspects of this burgeoning field of accounting. The focus of EMA is as a management accounting tool used to make internal business decisions, especially for proactive environmental management activities.EMA was developed to recognize some limitations of conventional management accounting approaches to environmental costs, consequences, and impacts. For example, overhead accounts were the destination of many environmental costs in the past.

Implementation Guide for GASB Statement 44 Offers New “Specialty” Guidance

The Governmental Accounting Standard Board (GASB), last week introduced the Guide to Implementation of GASB Statement 44 on the Statistical Section. The Guide, developed to assist preparers and auditors implementing the expanded statistical section of state and local government’s comprehensive annual financial report (CAFR), contains 120 questions and answers relevant to important aspects of Statement 44.“Statement 44 revises the statistical section for the first time in twenty-five years, so governments have been seeking help in adopting the new guidelines,” says GASB project
A&A

CCH Issues Small Business Retirement Plan Guidance

During the last week of December, CCH, a Wolters Kluwer company and leading provider of tax, pension and human resource information and software, introduced Retirement Plans for Individuals and Small Business. This new resource was developed to help professionals advise their clients on choosing the right retirement vehicle, setting up and maintaining the plan and complying with relevant laws and regulations.“Retirement Plans for Individuals and Small Business is useful for both the novice and seasoned professional to help cut through the numerous options and related complex
Community News

Mark Your Calendar: Big-time Practice Management Conference Open to All Firms

One of the accounting profession’s biggest annual events dedicated to tips and trends in the successful management of firms—the Advisory Board’s “Winning Is Everything” conference – is scheduled for January 11-12 at Las Vegas’s newest casino, Wynn Las Vegas.
Technology

Computerized CPA Exam Transforming Education, Workplace

Changing the Uniform CPA Examination to a computerized test meant far more than switching from pencil and paper to a keyboard – not only for CPA candidates, but for accounting professors and employers as well.When the computerized exam began in April 2004, it was called the most significant change in the licensing of CPAs in the profession's 100-year history.With the change in format came differences in the knowledge and skills candidates are expected to demonstrate.
Technology

How Safe Is Excel?

Everyone has, or knows, horror stories about Excel. With the next release of Excel allowing a worksheet to hold over a million rows, does this mean we are headed for bigger and bigger disasters? David Carter suggests that the dangers stem not from Excel itself, but from using Excel formulas.What would life be like without Excel? For most accountants it’s the most important piece of software they have - very easy to use, but incredibly versatile.Every so often, however, we hear horror stories about Excel disasters.
Practice Management

Using Excel Solver

What-if scenarios are useful business tools. They can help business-owners and other decision makers analyze the efects of their actions before they are implemented. Fortunately, Microsoft Excel offers decision makers a useful tool, called Solver, to help users explore what-if scenarios.Using Excel Solver, you can find the minimum or maximum value for a single cell, by modifying other cells that are directly or indirectly related to the target formula. The minimum or maximum value that is found by modifying other cells is called a target cell and the target formula resides in this cell.
Practice Management

Mark Your Calendar: First Women’s Summit

“Helping Women Professionals Succeed” is the theme of the first Women’s Summit hosted by the Work/Life & Women’s Initiatives Executive Committee of the American Institute of Certified Public Accountants (AICPA) scheduled for Tuesday, October 11, at the Hyatt Rosemont in Chicago, Illinois.“Women currently make up more than 50 percent of all accounting graduates in the country,” said Summit Chair Leslie Murphy of Plante & Moran and Chair-elect of the AICPA.
Technology

First “Katrina” Tax Seminar for Accountants Scheduled

The continuing professional education (CPE) seminar “Hurricane Katrina Federal Tax Update” will be conducted daily beginning Thursday, September 29. It is the first in a series of free CPE seminars providing up-to-the-minute information Certified Public Accountants (CPAs) and Enrolled Agents (EAs) need to help their clients deal with the tax implications of Hurricanes Katrina and Rita as well as other natural disasters.

Quebec Accounting Orders Sign First Partnership Agreement

The Ordre des comptables generaux licencies du Quebec (CGA) and the Ordre des comptables en management accredites du Quebec (CMA) yesterday signed a partnership agreement on professional development.
Technology

Issues and Impacts of Email Security: Financial Webinar

Security breaches and identity thefts are appearing in the news almost every day. At the same time clients, customers and even staff are demanding access to services, data and even each other, around the clock. When you are dealing with financial information, these competing interests become even harder to balance.A panel of experts from the banking industry, arguably the leaders in providing secure access to financial information is coming together to help organizations understand and manage the impact of the dueling concerns.
A&A

Intuit Aims to Solve Accountants’ Most Critical Needs

Intuit® is increasing its commitment to accountants by rolling out a series of new and enhanced programs including free technical support for QuickBooks ProAdvisors®, a new accountant-dedicated support team and free training seminars in 80 cities across the nation.
Technology

Mark Your Calendar: 25th Annual Business & Technology Solutions Show

The Illinois Certified Public Accountants (CPA) Society’s (ICPAS) 2005 Business & Technology Show is being held Tuesday and Wednesday, August 23-24 at the Donald E. Stephens Convention Center in Rosemont, Illinois. The show, now in it’s 25th year, will tackle some of the most pressing issues facing the accounting profession as well as showcasing the latest business technologies and products.
Practice

SOX Institute Takes Sarbanes-Oxley Training Program on the Road

“Last month, the Institute of Management Accountants reported that top management accountants and finance professionals pulled ahead of public accountants in both average salary and total compensation in 2004 as a direct result of Sarbanes-Oxley,” says Board Chairman Fw. CFE, CSOX, CSOXP. “This is an opportunity for us to reach those who want and need the education right where they are, and at a price they can afford.”The SOX Institute is taking its SOX training program on the road.

Mark Your Calendar: Financial Control Management Conference

The industry’s only Financial Control Management Conference (FCMC) is scheduled for September 19 – 20 in Chicago, Illinois.

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