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Accounting changes aid Deutsche Bank profits
Deutsche Bank has recorded a profit instead of a loss in its most recent results by using new accounting provisions designed to mitigate the impact of the financial crisis on European banks. (Sat, 01 Nov 2008 01:53:23 GMT)
ESCC introduces Peachtree Accounting program
MELFA -- Eastern Shore Community College has a program that makes it easy to take high-quality, non-credit online courses. ESCC has partnered with ed2go to offer hundreds of online, instructor-facilitated courses and is pleased to announce the launch of Introduction to Peachtree Accounting 2009. (Sat, 01 Nov 2008 08:48:32 GMT)
Auditor, Canal Advocate Kenneth Rollins Sr.
Kenneth Stewart Rollins Sr., 88, a retired auditor with the General Accounting Office who was an advocate for the C&O Canal, died Oct. 13 of heart disease at the Kensington Park retirement community. (Sun, 02 Nov 2008 01:54:59 GMT)
Police special chief is charged
The Chief Special Constable for Hampshire police is charged with theft and false accounting. (Sun, 02 Nov 2008 11:08:59 GMT)
BSP approves new bank accounting guidelines
The Bangko Sentral ng Pilipinas (BSP) has approved new guidelines on how banks would implement accounting procedures that would allow them to soften the impact of the financial crisis on their balance sheets. (Sun, 02 Nov 2008 16:03:06 GMT)
U tries to squash bugs in new accounting system
MINNEAPOLIS - The University of Minnesota is trying to squash some bugs in a $50 million accounting system. The new Enterprise Financial System handles all of the university's business. Whether it's a payment to an employee, or a payment to a vendor, everything passes through the EFS. (Sun, 02 Nov 2008 18:25:46 GMT)
U tries to squash bugs in new accounting system
The University of Minnesota is trying to squash some bugs in a $50 million accounting system. The new Enterprise Financial System handles all of (Mon, 03 Nov 2008 00:30:41 GMT)
U of M tries to squash bugs in new accounting system
MINNEAPOLIS (AP) — The University of Minnesota is trying to squash some bugs in a $50 million accounting system. (Mon, 03 Nov 2008 04:19:11 GMT)
SBA-backed loan allows accounting firm to grow
Within five years Kevin Davies has doubled his accounting firm’s size and revenue. (Mon, 03 Nov 2008 05:36:11 GMT)
Accounting for change
When Scott Van Deren noticed his company’s inventory-flow process and paperwork were inefficient, he sought guidance from Richard Kendall, a principal of Gordon, Hughes & Banks LLP (GHB), a public accounting firm based in Golden. (Mon, 03 Nov 2008 05:38:11 GMT)
Series of three workshops to help improve accounting at businesses
SALEM — A series of three workshops intended to help existing business improving their accounting practices starts Wednesday. (Mon, 03 Nov 2008 11:17:09 GMT)
Gov's help sought in nuke funds mystery
Members of the 9th Legislative District delegation have called on Gov. Corzine to assist them in obtaining accounting records of a dedicated fund meant to provide emergency management funding in the event of a nuclear accident. (Mon, 03 Nov 2008 11:59:47 GMT)
U tries to squash bugs in new accounting system
The University of Minnesota is trying to squash some bugs in a $50 million accounting system. The new Enterprise Financial System (Mon, 03 Nov 2008 12:59:52 GMT)
Wipro BPO to set up shared services centre for AmBev
The centre is to handle Finance & Accounting, Human Resources, Customer Services and Order Management processes for AmBev, the largest brewery company in Latin America. (Mon, 03 Nov 2008 15:04:02 GMT)
UBS says accounting effects to weigh
UBS AG , one of Europe's hardest-hit banks in the crisis, said on Tuesday accounting effects would weigh on fourth quarter results but it had seen some encouraging signs in client flows in October. (Tue, 04 Nov 2008 06:39:00 GMT)
Colo. accounting firm joins Eide Bailly
Gordon, Hughes & Banks, the Colorado-based accounting firm started in the late 1960s, has become a part of Eide Bailly. (Tue, 04 Nov 2008 07:12:36 GMT)
RBS Writes Down 206 Million Pounds, Helped by Accounting Rules
Nov. 4 (Bloomberg) -- Royal Bank of Scotland Group Plc , waiting to take up the U.K.'s biggest bailout, will write down $206 million pounds ($323 million) of assets in the third quarter using new accounting rules that are less stringent. (Tue, 04 Nov 2008 07:22:59 GMT)
UBS: Q4 Fee-based Lines To Be Hurt; Accounting Issues Eyed
UBS: Q4 Fee-based Lines To Be Hurt; Accounting Issues Eyed (Tue, 04 Nov 2008 07:26:28 GMT)
UBS says accounting effects to weigh on Q4
UBS AG , one of Europe's banks hardest-hit by the financial crisis, said accounting effects would weigh on fourth-quarter results but it had seen some encouraging signs of client money flows in October. (Tue, 04 Nov 2008 07:36:31 GMT)
RBS To Take $325 Million Write-down After Accounting Change
RBS To Take $325 Million Write-down After Accounting Change (Tue, 04 Nov 2008 08:26:48 GMT)
South Africa: Saica Threat to Wits Accounting School as Its Standards Fall
THE South African Institute of Chartered Accountants (Saica) is threatening to withdraw its accreditation of the University of the Witwatersrand School of Accounting in what would be a crippling blow to the university and lay low what is arguably the profession most fundamental to the economic success of SA. (Tue, 04 Nov 2008 09:03:20 GMT)
Accounting gain, higher selling prices send Archer Daniels Midland 1st-quarter profit soaring
NEW YORK (AP) - Archer Daniels Midland Co. says its fiscal first-quarter earnings more than doubled, beating Wall Street estimates as the company benefited from an accounting change and higher selling prices. (Tue, 04 Nov 2008 12:54:16 GMT)
UBS says accounting effects to weigh on Q4
ZURICH (Reuters) - UBS AG , one of Europe's banks hardest-hit by the financial crisis, said accounting effects would weigh on fourth-quarter results but it had seen some encouraging signs of client money flows in October. (Tue, 04 Nov 2008 13:11:51 GMT)
Accounting gain, higher selling prices send Archer Daniels Midland 1st-quarter profit soaring
NEW YORK - Archer Daniels Midland Co. said Tuesday its fiscal first-quarter earnings more than doubled, beating Wall Street estimates as the company benefited from an accounting change and higher selling prices. (Tue, 04 Nov 2008 13:45:45 GMT)
South Africa: Accounting At Wits
IF THE University of the Witwatersrand's school of accounting is in trouble, how much worse is the situation at universities that are further from the big city and have less in the way of resources, human or financial? (Wed, 05 Nov 2008 08:46:29 GMT)
Accounting firms bridge the gap
ACCOUNTING giants are looking to take up more than 70,000sqm of office space in Sydney's CBD. (Wed, 05 Nov 2008 13:00:00 GMT)
ICAI suggests reforms on financial accounting
PANAJI- ICAI, a premier accounting body, has discussed various issued suggested reforms on the state financial accounting systems. The ICAI members met with Chief Minister Mr Digambar Kamat and forwarded it to him ICAI plans for the state. (Wed, 05 Nov 2008 17:16:15 GMT)
Wits accounting degree 'at risk'
The University of the Witwatersrand is still accredited to offer the B Com accounting degree, despite a row after a review by the Institute of Chartered Accountants was leaked to the media. (Thu, 06 Nov 2008 07:06:55 GMT)
ESCC introduces Peachtree Accounting program
MELFA -- Eastern Shore Community College has a program that makes it easy to take high-quality, non-credit online courses. ESCC has partnered with ed2go to offer hundreds of online, instructor-facilitated courses and is pleased to announce the launch of Introduction to Peachtree Accounting 2009. (Thu, 06 Nov 2008 10:06:25 GMT)
Accounting firm spreads base with merger - roanoke.com
Brown, Edwards & Co. merged operations with firms in Harrisonburg and West Virginia. An accounting firm with a significant presence in Roanoke has stretched its footprint into the Shenandoah Valley and farther into West Virginia. Brown, Edwards & Co. has merged its operation with two accounting firms, S.B. Hoover & Co. in Harrisonburg and Chambers, Paterno & Associates in Charleston, W.Va. ... (Thu, 06 Nov 2008 11:48:56 GMT)
Nash Finch fiscal 3rd-quarter profit falls 44 percent, hurt by one-time accounting charges
MINNEAPOLIS (AP) - Food distributor Nash Finch Inc. said Thursday its third-quarter profit fell 44 percent, hurt by accounting and other charges. The company earned $8.6 million, or 65 cents per share, for the three months ended Oct. 4, down from $15.4 million, or $1.12 per share, a year ago. (Thu, 06 Nov 2008 12:54:27 GMT)
Sage Software Makes Accounting Even Simpler and Easier With Launch of Sage BusinessWorks 50 Accounting 2009
Sage Software announced today the availability of Sage BusinessWorks 50 Accounting 2009, the latest version of one of the company's popular business-management solutions for small to medium-sized businesses. (Thu, 06 Nov 2008 14:00:00 GMT)
Recession-proof Career: Forensic Accounting and It Auditing Financial Fraud Increases in Economic Recessions
The business of financial fraud at the corporate level historically spikes as those in desperate need of money manipulate company revenues and assets for personal gain, and the trend is the key reason why a career in forensic accounting and information technology (IT) auditing is not only recession-proof but recession-flourishing, according to Tommie Singleton, Ph.D., associate professor of ... (Thu, 06 Nov 2008 17:16:49 GMT)
IASB questions relaxing of fair value accounting
European banks’ accounting practices have worsened as a result of the easing of fair value accounting standards, says Sir David Tweedie, head of the International Accounting Standards Board. (Fri, 07 Nov 2008 00:14:33 GMT)
Accounting probe delays Accuray earnings filing
Accuray Inc. said Thursday it will delay reporting its latest earnings to investigate potential mishandling of its accounting by a former employee. (Fri, 07 Nov 2008 00:18:01 GMT)
IMPROVED GOVERNANCE FOR AUSTRALIA'S ACCOUNTING AND AUDITING STANDARDS BODIES
Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the passage through Parliament of the Governance Review Implementation (AASB and AUASB) Bill 2008. The Bill improves the existing governance arrangements of the Australian Accounting Standards Board (AASB) and the Auditing and Assurance Standards Board (AUASB).... (Fri, 07 Nov 2008 02:42:05 GMT)
New accounting prices Taj at Re 1
Govt may assign Re 1 to most heritage structures, museums & paintings when it switches to transparent system of accounting. World's best places of final rest (Fri, 07 Nov 2008 04:29:01 GMT)
South Africa: Accounting at Wits (ii)
HANG on a minute. There is so much spin being created around our report that the University of the Witwatersrand's School of Accountancy is being threatened with de-accreditation by the accounting regulator it is hard to tell where the truth is. (Fri, 07 Nov 2008 10:44:41 GMT)
Bank accounting not as good as it was - IASB
Accountancy Age, Accountancy Age , Friday 7 November 2008 at 11:15:00 Tweedie says accounting for financial instruments needs overhauling Accounting for banks was better before the introduction of recent changes introduced to relieve political pressure, according to the head of the International Accounting Standards Board.... (Fri, 07 Nov 2008 11:24:32 GMT)
Accountants edition of Xero web-based accounting system helps small businesses and accountants work smarter together
LONDON----Accountants Edition of Xero web-based accounting system makes it easy for small business and their accountants to share financial information. (Fri, 07 Nov 2008 14:59:00 GMT)
Accountants edition of Xero web-based accounting system helps small businesses and accountants work smarter together
Accountants Edition of Xero web-based accounting system makes it easy for small business and their accountants to share financial information. (Fri, 07 Nov 2008 16:25:37 GMT)
Sage Software Launches Sage BusinessWorks 50 Accounting 2009
Vancouver, BC, November 7, 2008--(T-Net)--Sage Software announced today the availability of Sage BusinessWorks 50 Accounting 2009, the latest version of one of the company’s popular business-management solutions for small to medium-sized businesses. (Fri, 07 Nov 2008 17:04:23 GMT)
Deloitte alleges insider trading
Former partner accused of using audit information The giant accounting firm Deloitte LLP claims that one of its former partners in its Chicago office traded on inside information related to an audit client. (Sat, 08 Nov 2008 15:02:16 GMT)
Challenges ahead for Islamic banking
Bahrain is set to host top experts, government officials, regulators, shariah experts at the Accounting and Auditing Organisation for Islamic Financial Institutions and World Bank Annual Conference 2008, which opens on November 10. Ahead of the conference experts say regulations and supervision of the Islamic financial institutions are among the key challenges for industry players. (Sun, 09 Nov 2008 07:42:32 GMT)
Shady accounting practices alleged
Recent allegations the Causeway Commission made $26,000 in illegal or “improper payments” to two area agencies, including $10,000 to Mandeville to landscape a tree, are unfounded and merit no further investigation, according to a letter released last week by the state Inspector General’s Office. (Sun, 09 Nov 2008 07:54:45 GMT)
Executive moves
Executives in accounting, advertising, finance, high tech and new media, law and real estate have all found new digs. Check out the new faces in key places. (Sun, 09 Nov 2008 11:13:42 GMT)
DAR chief told to make a full accounting of CARP funds
A senator yesterday asked Agrarian Reform Secretary Nasser Pangandaman to comply with a Senate directive to make a full accounting of the funds intended for the Comprehensive Agrarian Reform Program (CARP) as a condition for the Senate’s approval of the extension of the program which expired last June l0. (Sun, 09 Nov 2008 14:15:01 GMT)
New endowment accounting measures
A few recent accounting measures will have significant implications for nonprofits in many states. Nonprofit endowment and investment policies will soon or may have already been impacted by UPMIFA, the Uniform Prudent Management of Institutional Funds Act, which was released in July 2006. (Sun, 09 Nov 2008 16:44:04 GMT)
Advantage Systems Adds New Security Feature to Accounting for Mortgage Bankers Software
Enhancement further enables lenders to restrict access to sensitive accounting data. (Mon, 10 Nov 2008 02:56:20 GMT)
Finance, accounting have job prospects
Despite the uncertain economy, there’ll be increased demand next year for some positions in finance and accounting, technology and administrative fields, according to the “2009 Salary Guides” from Robert Half International. (Mon, 10 Nov 2008 05:05:15 GMT)
10-11-2008: ACCA backs mark-to-market accounting
KUALA LUMPUR: The Association of Certified Chartered Accountants (ACCA) has come out in support of a Malaysian decision to adopt an accounting standard that makes it mandatory for publicly listed companies to value financial instruments in their books according to fair market value. (Mon, 10 Nov 2008 06:42:22 GMT)
ACCOUNTING
ACCOUNTING Miami Beach Commissioner Deede Weithorn has been hired as an associate director in attest and accounting services at Berkowitz Dick Pollack & Brant Certified Public Accountants & Consultants. She will work out of the Miami office. (Mon, 10 Nov 2008 08:07:16 GMT)
Accounting and Audit Veteran Anthony Radaich Joins CNM LLP
WOODLAND HILLS, Calif.----CNM LLP, an independent accounting and advisory services firm, today announced the appointment of Anthony Radaich as Executive Director. (Mon, 10 Nov 2008 12:00:00 GMT)
Allianz: Smaller Loss, Hazy Future
New accounting rules helped the insurer post a smaller-than-expected loss after it abandoned its profit targets. (Mon, 10 Nov 2008 14:16:48 GMT)
Advantage Systems Adds Additional Security Feature to Accounting for Mortgage Bankers (AMB) Software
Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced the addition of a new feature to Advantage Systems' Accounting for Mortgage Bankers (AMB), an accounting solution designed specifically for mortgage bankers, that enables users to limit access to individual bank accounts. (Mon, 10 Nov 2008 14:54:49 GMT)
OmniVue Experiences Record Growth as Demand Builds for Robust and Cost Effective Accounting and Customer Management ...
OmniVue, the Southeast leader in delivering flexible accounting, financial and customer management solutions for informed decisions, today announced that it has experienced record sales and customer expansion for its on-site and on-demand Microsoft Dynamics Accounting and Customer Relationship Management solutions and services. (Mon, 10 Nov 2008 15:06:00 GMT)
Accounting graduates less affected by current job market
A recent study by the National Association of Colleges and Employers suggests 2009 graduates may have difficulty finding a job upon graduation. However, accounting graduates are less negatively affected by trends, according to the Wall Street Journal. (Mon, 10 Nov 2008 15:56:12 GMT)
ICTSI cuts earnings due to new accounting rule
MANILA, Philippines - Port operator International Container Terminal Services Inc. said its net income for the quarter ending September slipped as it adopted a new international accounting rule covering its concession agreement. (Tue, 11 Nov 2008 11:40:35 GMT)
Fears raised on accounting standard
Political interference to give banks an easier ride over credit crunch losses has risked damaging the credibility of accounting standards, experts have said. (Tue, 11 Nov 2008 15:31:13 GMT)
Hoss Says He Saw No Conflict In Payments To His Firm From WWTA But Barto-Hoss Will No Longer Do Accounting Work For ...
Henry Hoss, chairman of the county Water and Wastewater Authority (WWTA) said he saw no conflict of interest in his firm receiving monthly payments from the county agency for accounting work. (Tue, 11 Nov 2008 18:09:38 GMT)
Oversight council supports accounting board's approach for volatile markets
Canada's Accounting Standards Oversight Council has endorsed recent actions by the Accounting Standards Board to deal with financial reporting challenges caused by the extremely volatile conditions of financial markets. (Tue, 11 Nov 2008 21:50:00 GMT)
Unifying of accounting standards could be killed off, warns Tweedie
Long-held hopes for a unified international accounting standard will be killed off for a generation, the head of the UK body spearheading the move warned yesterday, if European regulators succeed in pushing through further rule changes. (Wed, 12 Nov 2008 00:02:04 GMT)
Accounting for Kids Day a lesson in finance
Fifth-grade students at Dover South and New Philadelphia York elementaries will be introduced to finance, accounting and economics by CPAs and other accounting professionals with Rea & Associates today as part of Accounting for Kids Day. (Wed, 12 Nov 2008 02:04:08 GMT)
University Islamic Financial Corporation Joins AAOIFI, the Global Islamic Finance Accounting Standards Setting ...
University Bank today announced that its 80% owned subsidiary, University Islamic Financial, has joined AAOIFI, the global Islamic Finance accounting standards setting organization, as a full member. AAOIFI is responsible for developing accounting, auditing, ethics, governance, and Shari'a standards for the international Islamic banking and finance industry. AAOIFI is supported by over 160 ... (Wed, 12 Nov 2008 14:50:00 GMT)
Thomson Reuters sees jump in operating profit
Thomson Reuters Corp. operating income jumps nearly 60% for the third quarter, thanks mostly to strong sales at the company’s tax and accounting business. (Wed, 12 Nov 2008 15:19:37 GMT)
North Korea: No sample-taking at nuclear site
North Korea said Wednesday that it won't allow outside inspectors to take samples from its main nuclear complex to verify the communist regime's accounting of past nuclear activities. (Wed, 12 Nov 2008 15:28:40 GMT)
Review: QuickBooks Accounting 2009
QuickBooks Accounting 2009 has been beautifully redesigned in a way that makes it much easier to manage and track your business’ money. But the redesign is incomplete: Some features are missing, others have yet to be updated, and still others haven’t been developed to the point of being truly useful. (Wed, 12 Nov 2008 16:07:56 GMT)
Brussels seen as threat to accounting dream
More interference from Brussels could kill off the dream of a single system of global accounting by threatening the credibility of the organisation that makes the rules, a broad group of UK investors and accountants has warned. (Wed, 12 Nov 2008 18:12:13 GMT)
QuickBooks Accounting 2009
QuickBooks Accounting 2009 is the latest version of Intuit's small business accounting application and, as noted in our First... (Wed, 12 Nov 2008 20:48:27 GMT)
Major Bay Area Accounting Firm Announces Move to North Bay
SAN FRANCISCO----Burr Pilger & Mayer, LLP announced today that it will be opening its fifth Bay Area office in Novato in Marin County in December, completing its highly successful growth strategy to “Ring the Bay” with full-service accounting, business consulting and wealth management services. (Wed, 12 Nov 2008 22:13:00 GMT)
Global Accounting Standards? Not So Fast
(Thu, 13 Nov 2008 03:33:06 GMT)
Village treasurer faces charges :State police say accounting probe 'considered ongoing.'
MICHIANA -- Michigan State Police confirmed this week that they are seeking "several different charges" involving alleged financial misconduct in the village of Michiana against Mary Jo Nallenweg, of Three Oaks. (Thu, 13 Nov 2008 12:05:36 GMT)
Global Accounting Standards? Not So Fast
Under growing pressure from Europe to jettison certain accounting practices, some fear that investors' interests may not be well served (Thu, 13 Nov 2008 13:29:44 GMT)
San Francisco accounting firm to open Hamilton office
One of the largest accounting firms in Northern California is about to open an office at Hamilton Landing Hangars in Novato. (Thu, 13 Nov 2008 15:32:34 GMT)
Accounting, Auditing and Accountability Journal - AccountingEducation.com Members Offer
Abstract Purpose – An assessment is offered of the contribution made by accounting histories of women produced since 1992 and the current state of knowledge production in this subject area. (Thu, 13 Nov 2008 16:13:13 GMT)
Grubb & Ellis Company Names Matthew A. Engel SVP, Accounting and Finance, Chief Accounting Officer
Grubb & Ellis Company , a leading real estate services and investment firm, today announced that it has named veteran finance executive Matthew A. Engel senior vice president, accounting and finance and chief accounting officer, effective immediately. (Thu, 13 Nov 2008 17:59:00 GMT)
Pension accounting rules 'bizarre' says regulator
AccountancyAge.com, Accountancy Age , Thursday 13 November 2008 at 20:43:00 UK's pension regulator has described as 'bizarre' accounting rules which lower company pension liabilities David Norgrove, chairman of the pension regulator, has described as 'bizarre' accounting rules which have unintentionally linked discount rates for calculating liabilities to the fortunes of the distressed ... (Thu, 13 Nov 2008 20:55:02 GMT)
Pension accounting rules 'bizarre' says regulator
David Norgrove, chairman of the pension regulator , has described as 'bizarre' accounting rules which have unintentionally linked discount rates for calculating liabilities to the fortunes of the distressed financial sector. (Thu, 13 Nov 2008 21:00:18 GMT)
Cavignac & Associates Names Hitt Surety Accounting Manager
Lisa Hitt has been hired by Cavignac & Associates, a San Diego-based risk management and commercial insurance brokerage firm, as surety department accounting manager. Hitt brings to Cavignac & Asso (Fri, 14 Nov 2008 07:07:56 GMT)
The Rehmann Group wins state accounting award
Accounting Today magazine has named The Rehmann Group among the best accounting firms in Michigan. The company, which has offices in Saginaw Township and Midland, among other locations, received its designation from the publication's Best Accounting Firms to Work For... (Fri, 14 Nov 2008 11:35:06 GMT)
(AFX UK Focus) 2008-11-14 17:47 Bush, G20 asked to support accounting independence
NEW YORK, Nov 14 (Reuters) - The chairman of the body that oversees U.S. accounting rulemakers has asked U.S. President George W. Bush and the G20 summit to support the independence of global accounting standard-setters. In a letter dated Nov. 13, Financial Accounting Foundation Chairman Robert Denham said he was "very concerned" about "political solutions to perceived flaws in certain ... (Fri, 14 Nov 2008 18:20:53 GMT)
(AFX UK Focus) 2008-11-14 17:47 Bush, G20 asked to support accounting independence
NEW YORK, Nov 14 (Reuters) - The chairman of the body that oversees U.S. accounting rulemakers has asked U.S. President George W. Bush and the G20 summit to support the independence of global accounting standard-setters. In a letter dated Nov. 13, Financial Accounting Foundation Chairman Robert Denham said he was "very concerned" about "political solutions to perceived flaws in certain ... (Fri, 14 Nov 2008 18:21:55 GMT)
US Group Urges G-20 Not To Mix Accounting, Politics
WASHINGTON -(Dow Jones)- The non-profit board that oversees U.S. accounting standards is urging Group of 20 leaders to insulate accounting from political influence. (Fri, 14 Nov 2008 18:28:52 GMT)
SEC Announces November 21 Roundtable on Mark-to-Market Accounting
Washington, D.C., Nov. 14, 2008 — The Securities and Exchange Commission announced today that on Nov. 21, 2008, at 9:30 a.m., ET, it will host the second of two roundtables on "mark-to-market" accounting and current market conditions. (Fri, 14 Nov 2008 18:43:35 GMT)
Bush, G20 asked to support accounting independence
NEW YORK (Reuters) - The chairman of the body that oversees U.S. accounting rulemakers has asked U.S. President George W. Bush and the Group of 20 summit to support the independence of global accounting standard-setters. (Sat, 15 Nov 2008 00:12:29 GMT)
World leaders move toward tougher financial rules
World leaders prepared Friday to adopt an early warning system for financial calamities, a commitment to tougher accounting rules and other modest steps to try to prevent future crises like the one now threatening the livelihoods of billions of people around the globe. (Sat, 15 Nov 2008 05:00:22 GMT)
Barofsky Nominated to Oversee Bailout
Neil M. Barofsky, who was nominated yesterday to be the chief watchdog of the $700 billion bailout program, has spent his career as a federal prosecutor going after everyone from perpetrators of esoteric multibillion-dollar accounting frauds to South American drug lords with names such as "El Gordo"... (Sat, 15 Nov 2008 09:30:55 GMT)
Muskegon accounting firms combining to provide more services
John Pridnia Greg LaPres A local independent accounting firm is joining forces with a statewide company already in Muskegon with an eye on serving a growing health care sector. The Rehmann Group — the second-largest Michigan certified public accounting firm... (Sun, 16 Nov 2008 06:29:31 GMT)
Hot jobs for hard times
It's not all doom 'n' gloom in job- seeking land. Marty Nemko, author of "Cool Careers for Dummies" and Kiplinger.com's "On the Job" columnist, recommends these 13 industries: 1. Accounting. Bad times increase the need to account for every dollar. 2. Education. Unable to land a good job, many people will return to school for retraining, particularly at community colleges. Education jobs may grow ... (Sun, 16 Nov 2008 08:10:15 GMT)
People making news
Manufacturing Paul Swart has been promoted to director of accounting and statutory reporting for TriMas Corp. Swart previously held the role of director of financial reporting. Technology (Sun, 16 Nov 2008 08:34:11 GMT)
World leaders plan rules to prevent financial crises
WASHINGTON — World leaders moved toward agreement Friday on an early warning system for financial calamities, a commitment to tougher accounting rules and other modest steps to begin restoring stability in a crisis threatening the livelihoods of billions of people around the globe. (Sun, 16 Nov 2008 14:36:53 GMT)
A V Rajwade: Fair weather accounting
As soon as major western banks showed MTM losses, the standards for fair value accounting were eased. (Sun, 16 Nov 2008 19:13:32 GMT)
SEC takes cue from BSP, relaxes accounting rules
After the Bangko Sentral ng Pilipinas (BSP) eased mark-to-market accounting rules for banks, the Securities and Exchange Commission (SEC) followed suit by allowing companies to reclassify some financial instruments so they don’t have to book these at “fair value.” (Mon, 17 Nov 2008 02:13:07 GMT)
Research and Markets: Study Guide for Accounting Principles: Volume I, Chapters 1-12, 9th Edition
DUBLIN, Ireland----Research and Markets has announced the addition of John Wiley and Sons Ltd's new report "Accounting Principles, Study Guide, Volume I, Chapters 1-12, 9th Edition" to their offering. (Mon, 17 Nov 2008 11:01:00 GMT)
Working Papers of Chapters 1-7 of the Accounting Principles - 9th Edition
DUBLIN, Ireland----Research and Markets has announced the addition of John Wiley and Sons Ltd's new report "Accounting Principles, Working Papers Chapters 1-7, 9th Edition" to their offering. (Mon, 17 Nov 2008 11:10:00 GMT)
Accounting, consulting company has a new home office in Salem
SALEM — AKT, an accounting and consulting firm, is moving. (Mon, 17 Nov 2008 11:26:35 GMT)
Trends in accounting include mismatch of supply and demand
One of the most notable changes in the history of accounting was the passage of the Sarbanes-Oxley Act of 2002, also known as SOX. (Mon, 17 Nov 2008 11:58:31 GMT)
Despite down economy, local and regional accounting firms grow
The field of accounting has changed radically over the years, as have the firms that practice its science and art. It is a major part of one of the state’s picks – professional services – as a targeted high-paying growth cluster. (Mon, 17 Nov 2008 11:58:41 GMT)
Charleston, Bluefield accounting firms merge
CHARLESTON, W.Va. -- The Charleston accounting firm of Chambers, Paterno & Associates has merged with the Bluefield-based firm of Brown, Edwards & Co. "Were merging forces," said Ruth Cannon, a partner with Brown, Edwards. "No money ... (Mon, 17 Nov 2008 14:50:18 GMT)
Management Accounting Research article receives prestigious Management Accounting Research Award
( Elsevier ) Elsevier announced today that the paper 'CEVITATM: the valuation and reporting of strategic capabilities', published in Management Accounting Research, has received the Management Accounting Section of the American Accounting Association Greatest Potential Impact on Practice Award. (Mon, 17 Nov 2008 14:51:56 GMT)
Sage to Launch Hosted Services for Sage MIP Fund Accounting to Help Nonprofits Save Time and Money, Gain ...
Sage North America announced today at Sage Summit 2008, its annual customer conference, that it will introduce hosting services next month for Sage MIP Fund Accounting. The hosted services will help organizations using Sage MIP Fund Accounting to minimize the information technology costs and resources required to maintain their accounting software, while gaining convenient anywhere-anytime ... (Mon, 17 Nov 2008 15:33:00 GMT)
Political Pressure to Help Banks 'Damaging Accounting Standards'
Nov. 12, 2008 (Western Mail) Political interference to give banks an easier ride over credit crunch losses risked damaging the credibility of accounting standards, experts said yesterday. (Mon, 17 Nov 2008 17:43:04 GMT)
Global Accounting Standards? Not So Fast
Nov. 13, 2008 (Business Week Online) The uproar over fair value accounting practices, which some critics have blamed for the depths of the global financial crisis, threatens to sink a long-sought move by countries around the world toward a single set of international financial reporting standards [IFRS]. The U.S. Financial Accounting Standards Board [FASB] has been working with London's ... (Mon, 17 Nov 2008 17:43:35 GMT)
Local accounting firm expanding in Fresno, SoCal
A Bakersfield accounting firm is opening an office in Fresno and negotiating to purchase a Southern California practice. Founded in 1974, Brown Armstrong Accountancy Corp. performs accounting, auditing and tax services, and employs 81 people in Bakersfield and Shafter. The company has signed a lease agreement for office space at 8365 N. Fresno St. in Fresno and is in the final stages of talks to ... (Mon, 17 Nov 2008 22:40:30 GMT)
Survey: Accounting firms eye growth during downturn
Most certified public accounting firms reported strong growth during the past two years and are poised to benefit as clients use their services more to stickhandle their way through the troubled economy. (Tue, 18 Nov 2008 00:39:02 GMT)
IIF urges change to accounting rules to stem financial crisis
The United States should consider changing the way it accounts for illiquid assets to help stem the financial crisis, a senior official of the banking group Institute of International Finance said (IIF) in Beijing Monday. "We all believe mark-to-market accounting is totally appropriate for tradable assets in a liquid market," IIF executive director Charles H. Dallara told Xinhua. "But in ... (Tue, 18 Nov 2008 02:25:01 GMT)
SunOpta names D&T as independent registered public accounting firm
SunOpta, an organic food producer, has announced that the companys audit committee has appointed Deloitte & Touche, or D&T, as its independent registered public accounting firm. (Tue, 18 Nov 2008 11:26:55 GMT)
Chicago Area Accounting Firm Enters Alliance with Web Designer
Chicago area accounting firm enters alliance with web designer. Porte Brown LLC (www.portebrown.com) and Americaneagle.com share vision to bring improved technology and web presence to clients. (Tue, 18 Nov 2008 13:05:00 GMT)
Accounting Software promotes efficiency through automation.
Sage BusinessWorks 50 Accounting 2009 includes General Ledger, Accounts Payable, and Accounts Receivable modules; along with cash management, inventory, order entry, payroll, job costing, and utility features. Specific features include ability to configure customer-specific pricing, detailed open credits and deposit tracking that simplifies customer reconciliations, and unlimited line items on ... (Tue, 18 Nov 2008 13:58:44 GMT)
Survey: Accounting firms eye growth during downturn
Most certified public accounting firms reported strong growth during the past two years and are poised to benefit as clients use their services more to stickhandle their way through the troubled economy. (Tue, 18 Nov 2008 16:59:54 GMT)
MYOB Announces Premier Accounting 2009
ROCKAWAY, N.J.----MYOB today announced the immediate availability of MYOB Premier Accounting version 2009, their complete small business management and accounting software application for Windows. (Tue, 18 Nov 2008 17:30:00 GMT)
Survey: Accounting firms eye growth during downturn
Most certified public accounting firms reported strong growth during the past two years and are poised to benefit as clients use their services more to navigate their way through the troubled economy, according to a recent survey conducted by the Durham-based American Institute of Certified Public Accountants. (Tue, 18 Nov 2008 17:36:36 GMT)
Net@Work Acquires Business Technology Solutions, A Leading North Carolina-based Accounting and HR VAR
NEW YORK----Net@Work, a leading provider of integrated business technology solutions, today announced that it has acquired Business Technology Solutions , a North Carolina-based VAR specializing in SAGE MAS 90, MAS 200, and ABRA HRMS accounting and Human Resources solutions. (Tue, 18 Nov 2008 17:59:00 GMT)
Trustee for USA Capital seeks damages from accounting firms
The trustee for USA Capital is seeking damages from accounting firms, including “Big Four” giant Deloitte & Touche, that audited the financial books of USA Capital before the hard money lender collapsed in a “massive fraud” involving $960 million in investor money. (Tue, 18 Nov 2008 23:57:34 GMT)
U.S. regulators face fight on IFRS accounting cost
NEW YORK (Reuters) - Just four days after releasing a formal "roadmap" proposal to move U.S. companies to international accounting rules, U.S. regulators are facing a slew of complaints about the millions of dollars it would cost companies to make the switch. (Wed, 19 Nov 2008 06:21:01 GMT)
UK accounting watchdog threatens to quit over EU rule change
The head of Britain's accounting watchdog threatened to quit yesterday if the EU pressed ahead with demands to tear up strict valuation rules and allow banks to avoid write-downs of billions of pounds on sub-prime lending losses. Sir David Tweedie, chairman of the International Accounting Standards Board, told Treasury select committee MPS that moves by Brussels to weaken fair-value rules ... (Wed, 19 Nov 2008 08:38:16 GMT)
EU allows Chinese firms to keep accounting standards
Chinese firms with a stock market listing in the European Union (EU) can continue filing accounts under home rules during a transition period from 2009 to 2011, said the Ministry of Finance on Wednesday. It was the first time that Chinese accounting rules were accepted by the international capital market after the EU's decision. &$ &$Source: Xinhua&$ &$ ... (Wed, 19 Nov 2008 12:21:26 GMT)
Unisys and Kale Consultants Combine Air Cargo Revenue Accounting Capabilities
BLUE BELL, Pa. & MUMBAI, India----Unisys Corporation announces that it will be offering the AMBERTM Cargo Revenue Accounting solution from Kale Consultants as part of its air cargo portfolio. (Wed, 19 Nov 2008 13:00:00 GMT)
Madison accounting firm merges with Reilly Penner & Benton
The certified public accounting firm of Ragsdale, Spitz & Reuschlein SC in Madison has merged with Wauwatosa accounting firm Reilly Penner & Benton LLP, the firms said Wednesday. (Wed, 19 Nov 2008 19:57:13 GMT)
SEC Announces Panelists and Agenda for Mark-to-Market Accounting Roundtable
Washington, D.C., Nov. 19, 2008 — The Securities and Exchange Commission today announced the expected panelists for its November 21 roundtable concerning mark-to-market accounting. (Wed, 19 Nov 2008 20:58:42 GMT)
Unisys To Offer Kale's Cargo Revenue Accounting Solution
(RTTNews) - Unisys Corporation announced that it would offer AMBER Cargo Revenue Accounting solution from Kale Consultants as part of its cargo portfolio. (Thu, 20 Nov 2008 05:58:49 GMT)
'Mark-to-market' accounting rules fuel debate
TORONTO -- Two Canadian financial heavyweights have taken up opposite corners in the raging debate over controversial "mark-to-market" accounting rules and their role in fuelling the current economic crisis. (Thu, 20 Nov 2008 08:51:46 GMT)
EU accounting office says billions in funds misspent in 2007
Strasbourg, France - European Accounting Office chief Vitor Caldeira on Thursday strongly criticized irregularities and sloppiness which he said were causing billions of euros' worth of European Union funds to go into the wrong channels. He said that... (Thu, 20 Nov 2008 10:08:44 GMT)
Unisys ties-up with Kale to provide accounting solution
Unisys Corporation will offer the AMBER cargo revenue accounting solution from Kale Consultants, as part of its air cargo portfolio. (Thu, 20 Nov 2008 10:45:39 GMT)
New Accounting Software Enhancements Recommended and Prioritized by the AccountMate Reseller Channel and Their Clients
This week AccountMate Software Corporation shipped out their latest accounting software update, AccountMate 7.5 for SQL. Per AccountMate's on-going policy, this update included a significant number of enhancements and changes suggested by its reseller channel and their clients. (Thu, 20 Nov 2008 11:00:00 GMT)
OVERSIGHT COUNCIL SUPPORTS ACCOUNTING BOARD’S APPROACH FOR VOLATILE MARKETS
Canada’s Accounting Standards Oversight Council (AcSOC) hasendorsed recent actions by the Accounting Standards Board (AcSB) to deal with financial reporting challenges caused by the extremely volatile conditions of financial markets.... (Thu, 20 Nov 2008 15:43:36 GMT)
G20 LOBBIED IN SUPPORT OF FAIR VALUE ACCOUNTING
Around the world at the end of last week there was lots of lobbying for accounting principles in the run up to, and during the G20 leaders meeting in Washington (starting 15th November). (Thu, 20 Nov 2008 17:58:18 GMT)
Chinese Accounting Lagging But Improving
Chinese accounting is often derided as imprecise or worse, but education and experience will make things better. (Thu, 20 Nov 2008 20:13:30 GMT)
The Star will lay off 10 accounting employees
The Kansas City Star will lay off 10 employees in its accounting division sometime in February and outsource the jobs, Marketing Director Tracy Hazen said Thursday. (MNI) (Thu, 20 Nov 2008 21:03:30 GMT)
New Accounting Rules Put M&A Fees Under Spotlight
London law firms look set to face greater scrutiny on bills thanks to new accounting rules that mean M&A fees will directly hit clients' bottom line. The new regulations, drawn up by the International Accounting Standards Board and the U.S. Financial Accounting Standards Board, mean that the costs of legal and financial advisory fees racked up on major deals -- often in the millions -- will be ... (Fri, 21 Nov 2008 03:04:55 GMT)
Familiar face takes over accounting business
Diane Pottorff/photo Richard Walker, Carolyn Walker, Staci Sayre, Tammy Willet and Jeanne Sargent are ready to serve customers and their accounting, tax and financial needs. Walker purchased the firm, which is located at 2409 Jackson Ave. in Point Pleasant, from retired accountant Jim Rossi. (Fri, 21 Nov 2008 06:11:44 GMT)
New Accounting Software Enhancements Recommended And Prioritized By The AccountMate Reseller Channel And Their Clients
AccountMate Software Corporation shipped out their latest accounting software update, AccountMate 7.5 for SQL. Per AccountMate's on-going policy, this update included a significant number of enhancements and changes suggested by its reseller channel and their clients. (Fri, 21 Nov 2008 06:44:30 GMT)
New Accounting Rules Put M&A Fees Under Spotlight
London law firms look set to face greater scrutiny on bills thanks to new accounting rules that mean M&A fees will directly hit clients' bottom line. The new regulations, drawn up by the International Accounting Standards Board and the U.S. (Fri, 21 Nov 2008 08:02:40 GMT)
Accounting firm gives L-EISD
The local Thomas & Thomas accounting firm greeted the Liberty-Eylau Independent School District Board of Trustees with some good news Thursday. The firm reported that the district appears to be well in the black as far as its last fiscal year’s finances are concerned. (Fri, 21 Nov 2008 13:52:43 GMT)
Accounting firms may axe staff
The gloomy economic condition preventing business opportunities for accounting firms may force the once expanding sector to downsize, the National Business Daily reported. (Fri, 21 Nov 2008 14:41:17 GMT)
Fair value: the pragmatic solution
Bookkeeping rules have taken a lot of heat in this year's financial meltdown. But some accountants have an idea that could cool the debate over so-called fair value accounting. (Fri, 21 Nov 2008 14:53:18 GMT)
Debate over 'mark-to-market' accounting rages on
The debate at the Securities and Exchange Commission over whether the agency should maintain or change controversial “mark-to-market” accounting regulations rages on. (Fri, 21 Nov 2008 19:48:52 GMT)
(AFX UK Focus) 2008-11-21 22:55 Fair value accounting should not be replaced-US panel
WASHINGTON, Nov 21 (Reuters) - A U.S. accounting rule blamed for contributing to the global financial crisis should not be replaced, accountants and others said on Friday, suggesting instead that banks reveal more information about how they value their hard-to-price assets. The rule, known as fair value accounting or FAS 157, requires assets to be valued at market prices and some banks and ... (Fri, 21 Nov 2008 23:21:12 GMT)
Meltdown 101: What is mark to market accounting?
In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. Critics say the standard called "mark to market," or "fair value," is one cause of the nation's financial woes. Others contend that has nothing to do with... (Fri, 21 Nov 2008 23:21:16 GMT)
Meltdown 101: What is mark to market accounting?
In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. Critics say the standard called "mark to market," or "fair value," is one cause of the nation's financial woes. (Fri, 21 Nov 2008 23:56:50 GMT)
Accounting error shows PS contributing to Prop 8
An accounting error shows the city of Palm Springs contributed $150 to the No on 8 campaign. (Sat, 22 Nov 2008 00:47:31 GMT)
Accounting firm breaks ground on office building at Centerra | Loveland Reporter-Herald
LOVELAND – An accounting and consulting firm broke ground Friday on a building to house 50 workers. (Sat, 22 Nov 2008 08:12:11 GMT)
Mark to market accounting
NEW YORK — In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. Critics say the standard called "mark to market," or "fair value," is one cause of the nation's financial woes. Others contend that has nothing to do with banks' troubles. (Sat, 22 Nov 2008 09:53:24 GMT)
Meltdown 101: What is mark to market accounting?
NEW YORK -- In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. (Sat, 22 Nov 2008 15:43:26 GMT)
San Benito accounting procedures targeted
SAN BENITO - Citing problems with the previous administration, a city commissioner wants changes in accounting policies. (Sun, 23 Nov 2008 05:01:32 GMT)
Accounting CSI
If you think accounting is merely bean counting, think again. A forensic accountant proves that this is more than just a numbers game. (Sun, 23 Nov 2008 08:09:00 GMT)
Accounting firm signs on at Oak Park
The Houston accounting firm of Melton & Melton has signed on as the first tenant in Means Knaus Partners’ new One Oak Park building within the Oak Park at Westchase Development. (Mon, 24 Nov 2008 06:19:42 GMT)
24-11-2008: Days of fair value accounting numbered?
KUALA LUMPUR: The days of fair value accounting could be numbered as market conditions amid the global financial crisis make it harder to value assets, Ernst & Young (Malaysia) executive director, Chan Hooi Lam said. (Mon, 24 Nov 2008 06:27:55 GMT)
Research and Markets: Wiley Pathways Small Business Accounting Covers the Accounting Tools and Strategies That Will ...
DUBLIN, Ireland----Research and Markets has announced the addition of John Wiley and Sons Ltd's new report "Wiley Pathways Small Business Accounting" to their offering. (Mon, 24 Nov 2008 11:17:00 GMT)
Accounting firms witness uptick with downturn
John Oeltjen, director of risk advisory services at MPP&W PC, normally fields six to 10 calls over the course of a year from clients seeking alternatives to bankruptcy. Earlier this month, he handled five such calls over five days. (Mon, 24 Nov 2008 11:20:46 GMT)
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