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.
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.
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.
by AccountingWeb on Sep 29, 1999
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.
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?
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.
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.
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.
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
by AccountingWeb on Sep 24, 1999
Firms looking to offer more software assistance now can partner with the leading PC-based accounting software company. Sage Software Inc. just launched the Sage Accountant Alliance (SAA) program to better serve the CPA community. Members of the new alliance will receive:- BusinessWorks and MAS 90 software- Discounts on training and other products and services offered by Sage- Software update newsletters- Access to the SAA web site- Toll-free telephone support servicesThe alliance should help CPAs better serve their clients.
Did you ever want to copy one entire floppy or zip disk onto another, but were frustrated by having to load it onto the hard drive first and then retrieving it? To save the hard drive step, open Explorer (right mouse click) and highlight the drive you want to copy, then right click again and click on "Copy Disk." Simply click on Start and follow instructions. Midway through the process, you'll be prompted to insert the destination disk and then you'll be done. Voila! No hard drive copying!
George T. Shaheen, a thirty year veteran of Arthur Andersen and CEO of Andersen Consulting since 1989, announced his retirement from the firm to join a new online grocery and drug megastore as President and CEO, effective immediately.The Webvan Group Inc. operates a fleet of vans to deliver a wide range of groceries ordered through its website. It currently operates exclusively in the San Francisco Bay area. Webvan is backed by CBS Inc.
Could you have a Web-mail account and not know it?
Electronic signatures and records are now valid according to the Uniform Electronic Transactions Act (UETA). The UETA was approved at the recent National Conference of Commissioners on Uniform State Laws (NCCUSL), and will go into effect January 1. But don't give up manually signing your name just yet.
by AccountingWeb on Sep 21, 1999
Industry Standard magazine has named Ernst & Young to its list of the top 100 Internet-savvy companies based on the Big 5 firm's technical and consulting efforts.The Standard considers E&Y and its $650 million in revenues (up $250 million from last year) to be an "I-Builder," or a champion in providing Web design and consulting services for a company's Internet clients. Named as one of the innovations is "Ernie," a mechanism by the company to provide service to clients who want to find help on their own.This is the first year for the publication's list.
Upcoming CPE Webinars
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.