U.S. Senate: Y2K Will Not be Destructive to Nation
The Senate Special Committee on the Year 2000 Technology Problem has announced that it believes the Y2K bug will not be a nationwide crisis as first predicted.
Still, the panel says that individuals may experience some mishaps, but major problems from computer errors are not likely to occur. Most susceptible to the Y2K bug are medical offices, schools, government services and small businesses. Because many countries may be behind in updating computer systems, the panel predicts that matters may be worse outside the boundaries of the United States.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.