AccountingWEB Weekly News Wrap-up - Issue 51

The AccountingWEB Friday Wrap-Up Newswire - Issue 51

July 14, 2000

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* * This week's newswire is sponsored by Virtual Growth * *

http://www.virtualgrowth.com

In this week's newswire:

1. AICPA Retaliates Against New SEC Restrictions
2. Win a Free Web Site for a Year
3. New Stock Index Proves that Women Rule!
4. Great Pointers for Attracting Great People
5. All-You-Can-Eat CPE Program Launches
6. Information Technology is Focus at Illinois CPA Show
7. American Bar Association Vetoes Fee-Sharing
8. Excel Tip: Quickly Print Specific Area of Worksheet
9. Vacation Time: Are You Getting Enough?
10. IRS Announces New Rules for Calculating IRA Income
11. Is Netscape a Peeping Tom?
12. Accountants Face Brave New E-Commerce World

FOR THE ONLINE VERSION OF THIS NEWSWIRE SEE:
http://www.accountingweb.com/item/21996/101

Editor's Note
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Have you sent in your donation? Our fund-raising drive for the American Diabetes Association is generating a great response from the accounting community and will culminate with our presentation of contributions from the nation’s accounting firms at the July 22 running of the “Smoothest Bike Ride in the World” to be held at the Indianapolis Motor Speedway. The donations we collect from the accounting community will be presented to the ADA together with our own donation when the staff of AccountingWEB takes to the track in support of Diabetes awareness and research.

For every new member you refer to AccountingWEB at this link, we will make a cash donation on your behalf.
http://www.accountingweb.com/cgi-bin/profile.cgi?page=16

If you would like to send in a tax-deductible cash donation, make your check out to American Diabetes Association and mail to:

AccountingWEB, Inc.
Attn: ADA Campaign
P.O. Box 68748
Indianapolis, IN 46268-0748

Donations received after July 22 will be forwarded directly to the ADA.

Thank you all so much for your support of this worthy cause!
Gail A. Perry
Managing Editor
mailto:gperry@accountingweb.com

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AccountingWEB's Online Workshop Schedule
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Be sure to mark your calendars for these upcoming workshops, and tell others in your firm who would benefit from these free sessions to join you online too!
http://www.accountingweb.com/workshop

Tuesday July 18 4:00pm Eastern Time -
"Pay for Performance"
Featuring Rex Gatto of Gatto Training Associates
This workshop will be sponsored by CPAvenue.com
www.cpavenue.com

Tuesday July 25 4:00pm Eastern Time -
"Value Pricing"
Presented by Results Accountants' Systems

Tuesday August 1 4:00pm Eastern Time –
"SysTrust"
Featuring Erin Mackler of the AICPA

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1. AICPA Retaliates Against New SEC Restrictions
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The AICPA is definitely not sitting idly by while the SEC tries to make new rules for accountants. The war has begun!
http://www.accountingweb.com/item/21991/101

2. Win a Free Web Site for a Year!
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In case you need further incentive to donate to our American Diabetes Association campaign, Execusite has offered one of our donors, to be chosen at random in a drawing, the opportunity to receive a free web site and related services for a year. The value of this prize is $890. Don't just sit there! Send in your donation today!
http://www.accountingweb.com/item/21816/101

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Virtual Accountant(tm) is the new service from Virtual Growth(tm) that helps you better serve fast-growing emerging market companies. Built for accountants, by accountants, our web-based, outsourced bookkeeping service relieves clients from the burden of day-to-day bookkeeping and allows you to focus on providing value-added services. See why referring clients to Virtual Growth will help you grow your practice. Call 800-425-8332 or visit:
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This newswire will be read by thousands of accounting professionals this week. For advertising information, contact Ryan Carmen at mailto:rcarmen@accountingweb.com

3. New Stock Index Proves that Women Rule!
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Don't take our word for it. The Bloomberg Women.com 30 Index has consistently outperformed the Dow since the beginning of the year.
http://www.accountingweb.com/item/21990/101

4. Great Pointers for Attracting Great People
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Ever wonder why the other firm always seems to get the good employees? Do your employees talk about what a great place their own firm is, or are they looking for greener pastures? Find out what you can do to attract and keep the best of the best.
http://www.accountingweb.com/item/21979/101

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Vote in Our New Poll!

The American Management Association recently published the results of a study in which they found that nearly 75% of major U.S. firms monitor their employees' email, phone conversations, Internet connections, and other activities on the job. As an employee, are you concerned about having your employer monitor your communication and activities while at the workplace? As an employer, do you feel it is your right to know what your employees are doing when you are paying them to perform a job?

Take a moment to cast your vote today, and see how your peers are voting.
http://www.accountingweb.com/poll
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5. All-You-Can-Eat CPE Program Launches
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Not to be outdone by other CPE providers offering similar programs, the AICPA is now offering on-line CPE, all the courses you want, for a low annual fee.
http://www.accountingweb.com/item/21770/101

6. Information Technology is Focus at Illinois CPA Show
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The Illinois CPA Society is pulling out the IT stops as it gears up for its annual trade show. Will you be there?
http://www.accountingweb.com/item/21847/101
and
http://www.accountingweb.com/item/21903/101

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BUSINESS & TECHNOLOGY SOLUTIONS SHOW - August 23-24, 2000
Rosemont Convention Center, Chicago, Illinois

If you are an audit, tax, technology or consulting specialist, you may want to consider attending this business and technology conference - one of the largest geared towards accountants - sponsored by the Illinois CPA Society. AccountingWEB will be there, and you should be there too! Review the program and register today.
http://www.icpas.org/icpas/show/showprvw.htm
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7. American Bar Association Bars Fee-Sharing
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What spoilsports. The American Bar Association has handed down its verdict - lawyers and accountants cannot be partners. Is this the end of the debate?
http://www.accountingweb.com/item/21901/101

8. Excel Tip: Quickly Print Specific Area of Worksheet
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Do you ever want to print just a portion of your worksheet instead of the whole thing? Here's a quick trick for doing just that.
http://www.accountingweb.com/item/21760/101

A recent Excel tip on adding a path and filename to the header or footer of a worksheet has been the most-read story at AccountingWEB in the past two weeks. Have you tried this little macro yet?
http://www.accountingweb.com/item/21450/101

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9. Vacation Time: Are You Getting Enough?
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This little survey may open your eyes to what the rest of the world perceives as a fair amount of time for a vacation.
http://www.accountingweb.com/item/21566/101

10. IRS Announces New Rules for Calculating IRA Income
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If you withdraw a contribution to an IRA or recharacterize an IRA contribution, you may be surprised to learn that the IRS has handed down new reporting rules for the income from these transactions.
http://www.accountingweb.com/item/21752/101

11. Is Netscape a Peeping Tom?
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This little story on Internet security, or the lack thereof, has generated some interesting comments from our readers.
http://www.accountingweb.com/item/21656/101

12. Accountants Face Brave New E-Commerce World
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Our workshop this week focused on the obstacles accountants face in our new Internet society, both from the perspective of competing for business on the Internet and from the perspective of advising clients who want to venture into this new land of cyberspace.
http://www.accountingweb.com/item/21812/101

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Q&A Forum Questions and Answers Posted

Whether you want to test your technical expertise or find an answer to a knotty problem, our community Q&A Forum is the place to go. This week we would like to thank Harry Kafka for providing smaller firms with some insights into prospecting for CPA services, and Ted Kennedy for providing a bookkeeping solution to a problem of accounting for trading inventory for services.
Q&A Forum
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Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.