AccountingWEB Weekly News Wrap-Up - Issue 92

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AccountingWEB Weekly News Wrap-Up - Issue 92

April 27, 2001

This Newswire Sponsored by: OutlookSoft


1. Deloitte Welcomes Daughters
2. Accenture Files $1 Billion IPO
3. Stop! Don't Throw Away 'Junk Mail' From Your Bank
4. CPA Exam Dates, Schedules, General Info, Passing Tips
5. Marketing Tips - Make Your Firm Stand Out From the Crowd
6. When Can You Expect Your Tax Refund?
7. Cost-of-Quality Auditing For Your Firm
8. Senate Bill Provides Tax Credits for IT Training
9. KPMG Consulting Cutting Jobs
10. Census Shows Growth of Women-Owned Businesses


Win a $100 gift certificate to! Join OutlookSoft on Wed. May 9th at 1:00 p.m. EST as we host Anne Swaller of The Parson Group for a FREE web seminar detailing best practices and supporting technology to improve the finance function through enterprise analytic portals! Register online or call 203-964-3100.


Looking back at my childhood and the families of my friends, I can't remember a single working mother. It was the 1950s, and it seemed that every house had kids in the yard and a mom in the kitchen. Fifty years later, Deloitte & Touche is taking pride in being a national sponsor of Take Our Daughters to Work Day, and the U.S. Census Bureau has just announced that the number of companies owned by women is increasing at three times the rate of all companies nationwide.

I was there through the entire transition, but still find myself astounded at the gender change in the nation's workforce. This week's stories give an interesting perspective on the way in which women have taken on the business world. I can't wait to see what the next 50 years will bring!

Gail Perry, Managing Editor


1. Deloitte Welcomes Daughters

On National Take Our Daughters to Work Day, Deloitte & Touche pulled out all the stops. As one of the national sponsors of this event, the firm takes pride in reminding others that it is the Big Five leader in the percentage of female partners and directors nationwide.

2. Accenture Files $1 Billion IPO

Hoping to "improve the way the world works and lives," Accenture has filed a registration statement with the SEC, preparing to float an initial public offering to raise approximately $1 billion.

3. Stop! Don't Throw Away 'Junk Mail' From Your Bank

Banks and other financial institutions are busy loading your mailbox this spring with information about your privacy. Due to new federal legislation, all such institutions must offer account holders the right to "opt out" of any information-sharing programs. Don't throw this mail away without reading it first!


Maintain a strong presence on AccountingWEB for less than the cost of a single print ad in a national accounting magazine.

Sound impossible? Not any more. If your company, association or university is interested in reaching and promoting your products and services to a highly targeted audience of 30,000 accounting and financial professionals, a Storefront on AccountingWEB is the place to start. The Storefront package is our newest and most cost effective method of maintaining an ongoing presence within the community, and provides a number of marketing, branding, lead generating, and revenue generating opportunities year round. Contact the Sales department at 317-876-7525 or visit our DEMO Storefront page.

4. CPA Exam Dates, Schedules, General Info, Passing Tips

Sharpen your pencils and pack plenty of chocolate bars. It's test time again, and the nation's hopeful would-be CPAs are getting ready to sit for the Uniform CPA exam. Take a look at the tips we offer for preparing yourself mentally and otherwise for this demanding test.

5. Marketing Tips - Make Your Firm Stand Out From the Crowd

Cliff Brownstein, principal of Practical Strategies, presented a workshop in which he shared his experiences with and knowledge of marketing for accounting firms. Learn how your firm can develop and maintain a realistic marketing effort.

6. When Can You Expect Your Tax Refund?

Are you getting a little anxious? Or do you know someone who is looking for a refund? Here's the official IRS schedule for mailing and directly depositing those tax refunds.

7. Cost-of-Quality Auditing For Your Firm

Have you ever wondered how much it is costing your firm when work is not done correctly the first time and has to be redone? Cost-of-quality auditing, or more specifically, cost-of-poor-quality auditing, answers this question. Nancy Blodgett, president of Performance Excellence, Inc., explains how to implement cost-of-quality auditing in your firm.

8. Senate Bill Provides Tax Credits to Businesses for IT Training

A bipartisan group of senators has introduced a bill that will provide business owners with tax credits to offset the cost of information technology training costs for employees.


FREE web seminar! Join OutlookSoft and Parson Group for "Enterprise Analytic Portals: Aligning Vision, Strategy, and Real-time Results." Hear how OutlookSoft and Parson Group are using portal technology to transform their financial planning processes! Register online and be entered to win a $100 gift certificate to

9. KPMG Consulting Cutting Jobs

Hot on the heels of its initial public offering, KPMG Consulting is thinning the ranks.

10. Census Shows Growth of Women-Owned Businesses

According to the U.S. Census Bureau, the number of privately held companies owned by women grew 16 percent from 1992 to 1997, nearly three times the 6 percent rate for all companies.


Tuesday, May 1, 4:00-5:00 EST
Topic: "Anatomy of a Sale"
Presenter: Bruce Clark, Founder and CEO of New Clients, Inc.
Sponsor: New Clients, Inc.

Thursday May 3, 4:00-5:00 EST
Topic: "Windows Mainframe: The Next Technology for CPA Firms"
Presenter: Frank Gschwandtner, President, CPA Systems

Check out the Workshop Schedule for the upcoming spring and summer sessions in our ongoing workshop series.


Click on the link(s) below to offer your insight and feedback or to see what others recommend:

1. In a Chapter 7 bankruptcy are there any tax liabilities incurred when the balance of an abandoned primary residence mortgage is higher than the computed fair market value of the property?

2. Are there any forms of analysis that may be useful to assist in highlighting short-term risks from an owner's and purchaser's perspective?

Visit the Q&A Forum to post your questions and and share your ideas! Simply click on the Add Comments option at the bottom of any question to add your response and comments.


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