Whew! No System Glitches on 9/9/99

CPAs and others working in Y2K consulting for clients and employers can rest assured that all is well in byte land. In what was considered the first true test in preparation for the Y2K bug, computer systems around the world made it over the hurdle on Thursday via the critical 9/9/99 date function.

The series of four numbers was considered important because the code could have kicked in a "stop gap" ability, or could have prevented data on computers from being processed. The next, important dates are, naturally, 1/1/2000, but also include 1/29/2000 due to Leap Year, as well as 10/10/2000, the first "eight-digit" date in the next century.

One industry threatened by the Y2K bug is banking based on the immense number of networks and systems. The Global 2000 Co-ordinating Group representing 700 banks around the world said that there were no real surprises on 9/9/99.

Upcoming CPE Webinars

Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.