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

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.