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Congaree Bancshares corrects financial statements due to accounting change
Congaree Bancshares has corrected financial statements from year-end 2007 and three quarters during 2008 because of an accounting change requested by regulators, the Cayce-based parent of Congaree State Bank said. (Wed, 01 Apr 2009 05:37:40 GMT)

Copps seeks tighter policies on accounting
Billings School District 2 is updating its accounting policies after complaints about a Skyview "extracurricular account" for cheerleaders that prompted a Billings Police Department investigation. Superintendent Jack Copps wants a more thorough examin ... (Wed, 01 Apr 2009 06:51:49 GMT)

Smart Resources, Inc., Launches Accountable Search; a Chicago Accounting and Finance Temporary and Direct Hire ...
Accountable Search, a Chicago recruiting firm specializing in the temporary or direct hire staffing of degreed and experienced accounting and finance professionals, was recently launched by Smart Resources. Accountable Search is headed by industry veteran, Andy Carpenter. (Wed, 01 Apr 2009 07:01:00 GMT)

Obama says US has some 'accounting to do,' but wants to look forward
LONDON - When it comes to fixing blame for the global financial crisis, President Barack Obama says the United States "certainly has some accounting to do." (Wed, 01 Apr 2009 10:00:44 GMT)

Accounting firm president dies in car-pedestrian accident
Business and community leader John A. Wheeler, age 62, died Friday in Landenberg, Pa. He was struck by a car while jogging near his home. The president and co-founder of Wheeler, Wolfenden & Dwares, Pa., Wilmington, a certified public accounting firm, he was active in business and community affairs. (Wed, 01 Apr 2009 11:50:29 GMT)

Akwaba Accounting opens in Statesville
Ibrahim Diallo recently opened Akwaba Accounting & Tax, a bookkeeping business providing small businesses with bookkeeping and accounting services. (Wed, 01 Apr 2009 14:41:55 GMT)

FASB Accounting Standards Codification
Where will you be when GAAP is codified? The upcoming codification will significantly change the structure of accounting standards. Are you as familiar with it as you need to be? Will you be ready when it becomes official? (Wed, 01 Apr 2009 14:50:45 GMT)

Apple offers free accounting and ERP seminars online
Apple has recently updated its online seminar offerings with Accounting and Enterprise Resource Planning (ERP) sessions. (Thu, 02 Apr 2009 11:00:00 GMT)

Relaxed accounting rules will help banks
The board that sets U.S. accounting standards on Thursday gave companies more leeway when valuing assets and reporting losses, providing a potential boost to battered banks. (Thu, 02 Apr 2009 13:27:25 GMT)

New Accounting Guidelines for Mortgage-Backed Securities
The board that sets U.S. accounting standards voted to adopt guidelines that could reduce the losses banks have been forced to report as the values of their securities have crumbled. (Thu, 02 Apr 2009 13:48:31 GMT)

Financials Build Steam On Expectation Of Accounting Ease
Financials Build Steam On Expectation Of Accounting Ease (Thu, 02 Apr 2009 14:10:26 GMT)

Financial Stocks: Financials build steam on expected accounting ease
Financials draw strength from an expected decision from the nation's accounting arbiter. (Thu, 02 Apr 2009 14:12:32 GMT)

Accounting rulemakers to change mark-to-market changes
U.S. accounting rulemakers on Thursday agreed to make adjustments to a proposal to change mark-to-market accounting rules concerning when transactions would be considered distressed. (Thu, 02 Apr 2009 14:21:48 GMT)

Wall Street climbs on G20, accounting rules hope
Stocks rose for a third straight session on Thursday on optimism the G20 meeting in London will agree on ways to temper the economic crisis and that new U.S. accounting guidance will favor banks. (Thu, 02 Apr 2009 14:26:30 GMT)

Asset Accounting Rule Change May Boost Banks
The board that sets U.S. accounting standards is giving companies more leeway when valuing assets, providing a potential boost to battered banks' balance sheets. But the change could undercut the government's new plan to buy up banks' toxic assets, some experts say. (Thu, 02 Apr 2009 14:51:04 GMT)

Banks get an accounting boost
Rules makers appeared ready to adopt guidelines Thursday that give financial firms more latitude in applying so-called mark-to-market accounting, just in time for what is shaping up as another tough earnings season. (Thu, 02 Apr 2009 14:53:21 GMT)

Accounting rulemakers finalize mark-to-market changes
An independent board that sets U.S. accounting standards bowed to congressional pressure on Thursday and discussed ways to give banks more flexibility to determine the value of toxic assets that have forced billions of dollars in writedowns. (Thu, 02 Apr 2009 14:59:57 GMT)

Wall Street surges on accounting rule change, G20
Stocks jumped on Thursday as changes in bank accounting rules boosted optimism the financial system may stabilize in the short term, while world leaders agreed on measures to fight the recession. (Thu, 02 Apr 2009 18:31:09 GMT)

New Accounting Rules for Mortgage-Backed Securities
The board that sets U.S. accounting standards voted to adopt guidelines that could reduce the losses banks have been forced to report as the values of their securities have crumbled. (Thu, 02 Apr 2009 18:36:05 GMT)

New Accounting Rules for Mortgage-Backed Securities
The Financial Accounting Standards Board voted Thursday to give more discretion to bank managements in reporting the value of mortgage securities, The New York Times’s Floyd Norris reports. (Thu, 02 Apr 2009 19:00:22 GMT)

US revamps accounting rules, easing strain on banks
The US accounting industry moved Thursday to give banks breathing room on recognizing losses from the housing meltdown by revamping rules that had required losses to be quickly booked. (Thu, 02 Apr 2009 19:38:35 GMT)

World stocks lifted by G20, US accounting shift
World stocks shot higher Thursday amid greater optimism following a G20 summit pledge to boost efforts to fight recession and a US accounting change that could ease pressure on the banking system. (Thu, 02 Apr 2009 21:19:29 GMT)

Banks get breathing room with revamped accounting
A revamping of US accounting rules is likely to ease the strains on the banking system, and the impact could be felt almost immediately, analysts say. (Fri, 03 Apr 2009 03:06:58 GMT)

Financial stocks rally as accounting rules relaxed
NEW YORK -- Financial stocks rose Thursday after the board that sets U.S. accounting standards said it would give banks more leeway in valuing assets that are a primary reason for the ongoing credit crisis. (Fri, 03 Apr 2009 10:33:14 GMT)

Bank Stocks Won’t Get Lift From Accounting Change, Goldman Says
April 3 (Bloomberg) -- The relaxation of fair-value accounting rules won’t prevent bank shares from falling because growth in bad loans is accelerating, according to Goldman Sachs Group Inc. (Fri, 03 Apr 2009 13:37:39 GMT)

FASB relaxes accounting rules for banks on assets
WASHINGTON -- The board that sets U.S. accounting standards on Thursday gave companies more leeway in valuing assets and reporting losses. The changes should help boost battered banks' balance sheets and financial stocks rallied on Wall Street, but the rules may undercut a new financial rescue program. (Fri, 03 Apr 2009 13:45:19 GMT)

Under New Accounting Rule, Toxic Assets May Be Revalued
The board that sets U.S. accounting rules voted yesterday to let financial firms report higher values for some troubled assets, a controversial step likely to increase some banks' reported earnings but also heighten suspicions that the companies are concealing problems. (Fri, 03 Apr 2009 14:51:09 GMT)

EU finance chiefs fret over US accounting relaxation
EU finance chiefs voiced concern on Friday at a recent move by the US accounting industry to relax the way US banks book losses over fears the change will put European rivals at a disadvantage. (Fri, 03 Apr 2009 18:43:44 GMT)

ECOFIN: French Fin Min:Urgent Need For Accounting-Rule Change
PRAGUE -(Dow Jones)- Accounting rules for banks based in the European Union should be changed urgently, after the U.S. accounting-rules body allowed domestic banks more discretionary leeway over mark-to-market asset evaluation, French Finance Minister Christine Lagarde said Saturday. (Sat, 04 Apr 2009 10:24:58 GMT)

Steinbrueck Wants Similar Accounting Principles in EU, U.S.
April 4 (Bloomberg ) -- German Finance Minister Peer Steinbrueck said he wants to have similar accounting principles in Europe as in the U.S. (Sat, 04 Apr 2009 11:09:14 GMT)

Accounting board bends rules for deciding asset values
Board that sets US accounting rules voted yesterday to let financial companies report higher values for some troubled assets. (Sat, 04 Apr 2009 12:19:40 GMT)

EU Ministers Say Accounting Convergence With U.S. Is ‘Critical’
April 4 (Bloomberg) -- European Union ministers said it is “critical” that convergence on accounting standards is reached on the continent to ensure that the region’s banks are not placed at a disadvantage against U.S. competitors. (Sat, 04 Apr 2009 13:57:45 GMT)

EU calls for matching US accounting change
Prague - European Union finance ministers said Saturday that matching US accounting rules, which allow US banks discretion over pricing their impaired mortgage assets, bore critical importance so European banks are not operating at a disadvantage. ... (Sat, 04 Apr 2009 14:44:23 GMT)

Board Loosens Accounting Rules
Eclipsed by news from the G20 Conference in London yesterday, the Financial Accounting Standards Board here in the U.S. voted to loosen so-called Mark-to-Market rules, which value distressed assets held by banks and other financial institutions. (Sat, 04 Apr 2009 15:15:56 GMT)

EU finance chiefs urge accounting rules to be eased
EU finance chiefs called on Saturday for accounting norms in Europe to be relaxed in line with recent US moves to give banks more breathing room, so their European rivals are not left disadvantaged. (Sat, 04 Apr 2009 19:59:30 GMT)

Big banks praise accounting rules change; small banks not so much
The nation's financial giants touted last week's decision by a national accounting board that they expect will provide some relief from the massive losses from so-called toxic mortgage assets. (Mon, 06 Apr 2009 05:34:42 GMT)

Accounting firm becomes a counselor in hard times
Accounting firm Davis Grennan Fender Ruta LLP moved to The Plaza in December in the midst of a economic conflagration threatening to pull down some of the nation’s greatest financial institutions. (Mon, 06 Apr 2009 06:13:09 GMT)

E & Y picks holes in new accounting norm
The government's decision to relax compliance with accounting norm (AS 11) relating to foreign exchange losses and gains could create deferred tax liability for companies opting for revised regulations (Mon, 06 Apr 2009 12:13:23 GMT)

FRC CHIEF EXECUTIVE SPEECH ON ACCOUNTING
Paul Boyle, Chief Executive of the Financial Reporting Council, the UK’s independent regulator for corporate reporting and governance, has called for a thorough and public debate if there is a desire that accounting should be used to achieve policy objectives for which it has not been designed. (Mon, 06 Apr 2009 13:22:57 GMT)

Jobs 4 You: Accounting Firm Hiring
The accounting firm Kearney and Co. in Alexandria is hiring, and current employees enjoy the atmosphere. (Mon, 06 Apr 2009 13:35:38 GMT)

THE VALUE-RELEVANCE OF FINANCIAL STATEMENT RECOGNITION VERSUS NOTE DISCLOSURE: EVIDENCE FROM GOODWILL ACCOUNTING
The relative significance of financial statement recognition and note disclosure is an important issue for accounting regulators, preparers and auditors. (Mon, 06 Apr 2009 14:52:17 GMT)

Accounted 2 accounting software adds new reports, multiple currencies
Oranged Software has announced the release of Accounted 2.0, an update to its accounting software for Mac OS X. Accounted costs $80, and upgrades cost $25. (Mon, 06 Apr 2009 17:47:00 GMT)

CODA Beefs up Accounting App for Salesforce.com
An emerging battle among accounting software vendors for a piece of Salesforce.com's 50,000-plus-strong customer base intensified Tuesday, as CODA announced the second version of its CODA 2go application. (Tue, 07 Apr 2009 07:30:15 GMT)

CODA Beefs up Accounting App for Salesforce.com
The veteran on-premises accounting software maker built CODA 2Go natively on Force.com (Tue, 07 Apr 2009 08:06:50 GMT)

New accounting procedures reduce calculation of PEC's assets in latest audit
A change in accounting procedures for the latest audit of the Pedernales Electric Cooperative's books significantly reduces the calculation of the co-op's assets and member equity. (Tue, 07 Apr 2009 11:01:52 GMT)

Accounting change estimates post-retirement benefits for public workers
It's going to be more complicated and cost more to comply, but an accounting change being contemplated by city staff is just about unavoidable. (Tue, 07 Apr 2009 11:38:33 GMT)

CODA beefs up accounting app for Salesforce.com
CODA is launching a full-featured SaaS accounting application that works in tandem with Salesforce.com. (Tue, 07 Apr 2009 11:50:48 GMT)

Accounting body delays finding on key change
Canada's Accounting Standards Board has delayed a decision on whether to match new mark-to-market changes announced last week in the United States to offer relief to banks and other companies carrying impaired assets on their balance sheets. (Tue, 07 Apr 2009 13:15:56 GMT)

Accounting Change May Hurt Geithner Plan
An accounting-rule change might undermine plans to sell bad assets at Bank of America, Citigroup and Wells Fargo. (Wed, 08 Apr 2009 05:17:53 GMT)

South Africa: Accounting 'Not to Blame' for Crisis
Johannesburg — THE world's most famous accountant, Sir David Tweedie, said yesterday that the system of accounting rules for financial instruments was too complex and needed to be addressed urgently. (Wed, 08 Apr 2009 09:43:06 GMT)

Banks push for adoption of U.S. accounting rule
Canada's big banks are pushing the country's accounting czars to adopt U.S.-style reforms that would make it easier for financial institutions to avoid taking hits on some of their holdings. (Wed, 08 Apr 2009 10:16:16 GMT)

No decision made on changes to Canada’s fair value accounting rules: AcSB
No decision has been made whether to change fair value accounting rules in Canada, the Accounting Standards Board said Tuesday. The AcSB will hold a special meeting later this month to consider whether to propose changes in the use of fair values and impairment of debt securities. (Wed, 08 Apr 2009 10:30:55 GMT)

Canada’s Banks Want U.S.-Style Accounting Reforms, Globe Says
April 8 (Bloomberg) -- Canada’s biggest banks are pushing for accounting rules that would match U.S. reforms to ease the markdown on the value of some of their assets, the Globe and Mail reported. (Wed, 08 Apr 2009 12:04:49 GMT)

Canadian banks press accounting body to adopt U.S. rules
TORONTO — Canada’s big banks are pushing the country’s accounting czars to adopt U. (Wed, 08 Apr 2009 12:09:24 GMT)

Leeladhar rakes up corporate accounting issues
The Reserve Bank of India (RBI) today highlighted the general perception that accounting statements have failed to inform of the drift of financial affairs of a company towards impending failure. (Wed, 08 Apr 2009 18:48:12 GMT)

Intacct To Put Accounting Software In The Cloud
Intacct's deal with CPA group should push SaaS -- in the form of cloud-based financial software -- further into the accounting industry. (Wed, 08 Apr 2009 19:08:42 GMT)

City Bank’s accounting firm quits
City Bank said Wednesday its accounting firm had resigned, an uncommon move that’s another indicator of the mounting pile of problems facing the Lynnwood-based bank. (CTBK) (Wed, 08 Apr 2009 20:56:23 GMT)

Event: 'Meeting Your Obligations As An Employer: Tax, Legal And Accounting'
Your speakers from Steeles Law llp and Peters Elworthy & Moore will consider the tax, legal and accounting consequences of employing staff from the commencement to the cessation of employment. (Wed, 08 Apr 2009 23:38:24 GMT)

Chiquita Appoints Ritchey Chief Accounting Officer
Chiquita Brands International announced today that the company's board of directors has appointed Lori A. Ritchey, 45, as vice president, controller and chief accounting officer effective April 9, 2009. (Thu, 09 Apr 2009 13:40:00 GMT)

Politicized Accounting: No End to the Scams
The accounting profession might seem like the last place that you’d find serious political hanky-panky going on, and it’s probably not on very many people’s A-list of fun subjects to read about, but the Financial Accounting Standards Board, a quasi-governmental body that has statutory authority to regulate and establish the rules by which public companies, including banks, do their books, has ... (Thu, 09 Apr 2009 14:28:06 GMT)

Accounting, auditing firms in demand even during recession
Fresh off a record year in 2008, accounting and auditing firms are having to cut fees and staff. Businesses in Ukraine, small and large, are feeling the pinch of economic recession and struggling to adjust to tougher economic days ahead. Accounting and auditing firms are no exception. (Thu, 09 Apr 2009 16:44:45 GMT)

Sikich Ranks #16 in Accounting Technology's 2009 Top 100 List
Sikich has been ranked 16th in Accounting Technology's Top 100 Value Added Reseller list with revenue totaling over $17.56 million in 2008, an increase of just over 9%. (Thu, 09 Apr 2009 17:52:00 GMT)

Sikich Ranks #16 in Accounting Technology's 2009 Top 100 List
AURORA, IL--(Marketwire - April 9, 2009) - Sikich has been ranked 16th in Accounting Technology's Top 100 Value Added Reseller (VAR) list with revenue totaling over $17.56 million in 2008, an increase of just over 9%. Accounting Technology's selection of the VAR Top 100 list is based on the amount of revenue generated by each published reseller during the previous year. More than one thousand ... (Thu, 09 Apr 2009 18:07:46 GMT)

No Accounting for Bad Taste? Not So Fast, Prosecutor Says
The seller of a Michael Vick dog chew toy and a doll named for a dead toddler faces a suit for suggesting the proceeds would go to charity. (Fri, 10 Apr 2009 01:59:31 GMT)

RESEARCHERS WIN AWARD IN MANAGEMENT ACCOUNTING
Janek Ratnatunga, Norman Gray and Bala K.R. (Kashi) Balachandran are the winners of the first Greatest Potential Impact on Practice Award for research in management accounting, an award given by the American Accounting Association’s Management Accounting Section and sponsored by the AICPA, the Chartered Institute of Management Accountants and the Society of Management Accountants of Canada.... (Fri, 10 Apr 2009 03:25:10 GMT)

Canada can make valuable contribution to accounting debate
The financial crisis has underlined the need for a system of global governance with common rules for finance, according to Paul Cherry, Canada’s chief accountant. (Fri, 10 Apr 2009 09:00:42 GMT)

Accounting Technology Names PKF Texas to Annual VAR 100
Pannell Kerr Forster of Texas, P.C. was named to Accounting Technology's annual VAR 100 list. (Fri, 10 Apr 2009 16:36:00 GMT)

Commissioners accept audit by accounting firm
City commissioners accepted the FY 2007-08 audit from the independent accounting firm of Hulme Rahhal Henderson Inc. during their regularly scheduled meeting Monday. (Fri, 10 Apr 2009 17:10:35 GMT)

Coastal Accounting checks off Fisherman’s Wharf
With the game tied at 5-5 going into the fourth inning, Drake Elder smacked a two-run homer to put Coastal Accounting on top for a 10-8 win in the major league division of the Destin Little League Association.Pitching for Coastal were Tyler Slotter and (Fri, 10 Apr 2009 17:24:31 GMT)

Accounting regulators yet to recognise LLP
Amendments needed in regulations. Though the government has initiated the process of registering Limited Liability Partnership (LLP) firms, it would take a while before the chartered accountant (CA), company secretary (CS) and cost accounting firms convert to LLPs. (Fri, 10 Apr 2009 19:21:18 GMT)

'Mark-to-Market' Accounting Demystified
The Financial Accounting Standards Board recently loosened the controversial “mark-to-market” accounting rule. (Fri, 10 Apr 2009 21:29:40 GMT)

CBI records statements of SEBI officials
The CBI has recorded statements of officials of stock market regulator SEBI in the case pertaining to the multi-crore rupee accounting fraud in Satyam Computer. (Sun, 12 Apr 2009 12:48:57 GMT)

US: Former KPMG executives jailed for tax fraud
Two former executives with accounting giant KPMG have been sent to jail for 8 and 10 years for their part in a billion dollar tax evasion scam. The judge said that the two had been heavily involved in a tax shelter that was well across the line into illegality. (Sun, 12 Apr 2009 14:40:51 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, 12 Apr 2009 15:05:12 GMT)

New accounting rules may boost banks’ bottom lines
Bankers say new accounting rules related to impaired loans could boost lending and consumer confidence, but analysts say they fear that it may just allow banks to hide behind a curtain and create a show for investors. (Mon, 13 Apr 2009 05:19:12 GMT)

Tech Mahindra Wins Bid to Control Satyam
The offer values the Indian outsourcing company Satyam, which was battered by an huge accounting fraud scandal, at $1.2 billion. (Mon, 13 Apr 2009 09:24:39 GMT)

Belleville native building fantasy sports bar
Adrian Glass wants to work in his own sports fantasy land. So the Belleville native quit his job in accounting more than two years ago and has been creating a sports bar in Maplewood to be known as The Post. (Mon, 13 Apr 2009 10:35:57 GMT)

US Postal Service Changes Insurance Claims-Processing
The United States Postal Service is revising its regulations on domestic mail insurance claims. The damaged goods inspection policy is changing, and local Post Office personnel will no longer adjudicate claims - instead, all claims will be adjudicated by Accounting Services. (Mon, 13 Apr 2009 12:07:06 GMT)

R.H. Donnelley Appoints Sylvester J. Johnson as Chief Accounting Officer
R.H. Donnelley, one of the nation's leading local commercial search companies, today announced the appointment of Sylvester J. Johnson as vice president, corporate controller and chief accounting officer. (Mon, 13 Apr 2009 12:30:00 GMT)

Canadian stocks drop for third straight day
Canadian stocks dropped for a third straight day on falling oil prices and speculation the country’s top accounting watchdog may reject similar mark-to-market rules adopted south of the border to help inflate bank asset values. (Mon, 13 Apr 2009 13:32:00 GMT)

R.H. Donnelley appoints Sylvester Johnson as VP, corporate controller & chief accounting officer
(RTTNews) - R.H. Donnelley Corp. (RHDC.PK) announced the appointment of Sylvester Johnson as vice president, corporate controller and chief accounting officer. (Mon, 13 Apr 2009 14:36:54 GMT)

R.H. Donnelley hires former 7-Eleven controller
Struggling Yellow Pages publisher R.H. Donnelley has hired Sylvester J. Johnson as vice president, corporate controller and chief accounting officer. (Mon, 13 Apr 2009 14:49:19 GMT)

New US rules may taint big bank results
NEW YORK - The world will finally get a peek into the finances of troubled U.S. banks this week as earnings season gets under way, but recent accounting changes mean investors might not know what to make of them. (Mon, 13 Apr 2009 15:13:35 GMT)

United Risk Solutions Names Patterson Accounting Manager
United Risk Solutions Inc. of Medford, Ore., has named Nancy Parsons Patterson accounting manager. In her new position, Patterson is responsible for managing all accounting functions including ... (Tue, 14 Apr 2009 06:18:16 GMT)

Union Bank Integrates Remote Deposit with Accounting Software for Increased Customer Operating Efficiency
LOS ANGELES----Union Bank, N.A., today announced the introduction of its next generation remote deposit solution, Remote Deposit Accounts Receivable . The new software improves customers' operating efficiency by integrating directly with their accounting software and enabling them to update their account receivables in one process. (Tue, 14 Apr 2009 13:00:00 GMT)

UHY offers stimulus services
The national accounting firm UHY LLP is offering to help state and local governments comply with requirements to get funding from the $787 billion federal economic stimulus package. (Tue, 14 Apr 2009 13:36:30 GMT)

Union Bank integrates remote deposit with accounting software
Union Bank, N.A., today announced the introduction of its next generation remote deposit solution, Remote Deposit Accounts Receivable (A/R). (Tue, 14 Apr 2009 14:21:05 GMT)

Sageworks survey: Accounting tops five healthiest industries
Tax services and accounting firms, health practitioners and dentists continue to do well despite the economic downturn, according to a nationwide survey of healthy industries by Sageworks, a Raleigh company that develops financial analysis tools and provides financial information for private companies. (Tue, 14 Apr 2009 14:33:27 GMT)

Patrick asks for 'full accounting' for Pike toll mess
By Globe Staff After a shortage of toll takers led to major backups Easter Sunday on the Massachusetts Turnpike, Governor Deval Patrick is asking for a "full accounting" from the head of the Turnpike Authority, including a determination of whether... (Tue, 14 Apr 2009 19:36:14 GMT)

Cleburne High accounting team takes sixth district title
For the sixth consecutive year, Cleburne High School has brought back the UIL District championship in accounting team competition. (Tue, 14 Apr 2009 19:46:50 GMT)

Office of the Chief Accountant and Division of Corporation Finance Release Staff Accounting Bulletin 111
This SAB amends Topic 5.M. in the Staff Accounting Bulletin Series entitled Other Than Temporary Impairment of Certain Investments in Debt and Equity Securities (Topic 5.M.). On April 9, 2009, the FASB issued FASB Staff Position No. 115-2 and 124-2, Recognition and Presentation of Other-Than-Temporary Impairments (FSP 115-2) to provide guidance for assessing whether an impairment of a debt ... (Tue, 14 Apr 2009 20:56:33 GMT)

Finance, accounting workers cool on KiwiSaver
Workers in the finance and accounting sector are split over the merits of KiwiSaver, but their generous bosses seem willing to put in more than required, according to a new survey. The research, conducted by recruitment company... (Wed, 15 Apr 2009 03:14:20 GMT)

Adrecom.net Ecommerce Software Suite Integrates with Offline Business Applications like Peachtree Accounting
Adrecom, Inc., recently launched a new version of its high-end ecommerce suite software that works with legacy marketing and accounting applications like Peachtree. (Wed, 15 Apr 2009 07:01:00 GMT)

Kofax Appoints Industry Veteran as Chief Accounting Officer
IRVINE, Calif.----Kofax plc , the leading provider of Intelligent Capture & Exchange solutions, today announced the appointment of Gene Lynes as its Chief Accounting Officer. In this newly-created position, Lynes will oversee the company's global accounting functions. (Wed, 15 Apr 2009 08:00:00 GMT)

Kofax Hires Chief Accounting Officer
Irvine-based Kofax disclosed this morning that it has hired on Gene Lynes as the company's new Chief Accounting Officer. Lynes joins the firm from Scantron Corporation, where he was Chief Financial and Operating Officer. Lynes has also served at EdVISION Corporation and PricewaterhouseCoopers LLP. Kofax is a developer of document capture software. (Wed, 15 Apr 2009 13:39:40 GMT)

GOP eyes accounting exec to take on Poloncarz
Erie County Republican leaders are conducting “serious” talks with an executive of a downtown accounting firm about challenging Democratic County Comptroller Mark C. Poloncarz in the Nov. 3 election. (Wed, 15 Apr 2009 14:05:28 GMT)

Marks Paneth & Shron LLP, Leading New York Area Accounting Firm, Merges With Montalto CPA, LLC
Marks Paneth & Shron LLP, a leading New York-area accounting firm with nearly 500 people, approximately 70 of whom are partners and principals, announced today that it has merged with Westchester-based accounting firm Montalto CPA, LLC. The merger expands MP&S's tax and family office and business management services offered to small businesses and high-net-worth individuals in Westchester ... (Wed, 15 Apr 2009 14:31:00 GMT)

Fitch warns on accounting for CLOs
Fitch Ratings is warning investors in complex loan investment funds about the practice by their managers of accounting for loans at par, regardless of market value of the loan. (Wed, 15 Apr 2009 19:05:24 GMT)

Marks Paneth & Shron LLP, Leading New York Area Accounting Firm, Merges With Montalto CPA, LLC
NEW YORK - Marks Paneth & Shron LLP (MP&S) , a leading New York-area accounting firm with nearly 500 people, approximately 70 of whom are partners and principals, announced today that it has merged with Westchester-based accounting firm Montalto CPA, LLC . The merger expands MP&S's tax and family office and business management services offered to small businesses and high-net-worth individuals ... (Thu, 16 Apr 2009 00:46:12 GMT)

Accounting, Auditing and Accountability Journal - AccountingEducation.com Members Offer
Free access for AccountingEducation.com members to select articles from Emerald's Accounting, Auditing & Accountability Journal! (Thu, 16 Apr 2009 09:24:27 GMT)

Unisys Awarded $92 Million Task Order for Desktop Management Services at the U.S. Defense Finance and Accounting Service
BLUE BELL, Pa.----The General Services Administration has awarded the Defense Finance and Accounting Service Desktop Management Initiative II task order to Unisys . DMI II is a cost plus award fee task order that provides a full suite of managed desktop and help desk services for more than 14,000 DFAS desktop and laptop computers. (Thu, 16 Apr 2009 12:00:00 GMT)

IPSASB RELEASES 2009 HANDBOOK OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING PRONOUNCEMENTS
The International Public Sector Accounting Standards Board (IPSASB) of the International Federation of Accountants (IFAC) has published the 2009 Handbook of International Public Sector Accounting Pronouncements . The handbook provides a single source for financial statement preparers to locate all International Public Sector Accounting Standards (IPSASs). (Thu, 16 Apr 2009 14:10:46 GMT)

REPORTS RELEASED FROM ACCOUNTING FOR SUSTAINABILITY PROJECT
More than 200 representatives from the corporate sector, the investment community, the public sector, and other relevant experts gathered in London to attend the December 2008 Forum Event of the Accounting for Sustainability Project sponsored by HRH The Prince of Wales.... (Thu, 16 Apr 2009 14:40:35 GMT)

3RD EUROPEAN RISK CONFERENCE: RISK AND ACCOUNTING
European Risk Research Network (ERRN) http://www.nottingham.ac.uk/busi 3rd European Risk Conference: “Risk and Accounting” 3-4 September 2009, London, UK Call for Papers The 3rd European Risk Conference on “Risk and Accounting” will be held on September 3rd and 4th, 2009 at Deloitte's training centre in the heart of the City of London.... (Thu, 16 Apr 2009 14:40:45 GMT)

Laurel Hill announces 'accounting workshop'
The city of Laurel Hill will hold a workshop to explain Mayor Ferrin Campbell's line-item accounting of the city finances. The workshop will start at 6:30 P.M. on April 23. The regular city council meeting will follow at 7 p.m. All citizens and (Thu, 16 Apr 2009 16:08:00 GMT)

Accounting clinic well received
The response to a free community accounting centre has led to hopes it will become a permanent fixture in Dunedin. (Thu, 16 Apr 2009 17:24:17 GMT)

SWCC adds accounting/IT degree
Southwestern Community College will begin offering a two-year degree in accounting and information technology next fall. (Thu, 16 Apr 2009 17:36:36 GMT)

Trading Update and Accounting Policy Changes
Embargoed for release: 0730 on 17 April 2009 Northern Petroleum Plc ("Northern", "the Group" or "the Company") 2008 Trading Update and Accounting Policy Changes HIGHLIGHTS * £7 million in cash received from Star Energy Group Plc for sale of interests in non-core underground gas storage projects * 34.9 million cash mostly held in Euros and a receivable of 8.5 million deferred consideration * ... (Fri, 17 Apr 2009 06:45:10 GMT)

EPA agrees to more complete accounting of toxic emissions
The EPA will overhaul the way it calculates emissions of hazardous air pollutants from refineries and petrochemical plants, the agency's acting assistant administrator told Houston Mayor Bill White in response to his request for a more accurate accounting. (Fri, 17 Apr 2009 11:13:18 GMT)

Citigroup Profit Exceeds Estimates on Trading, Accounting Rule
April 17 (Bloomberg) -- Citigroup Inc. , the U.S. bank rescued by $45 billion in U.S. taxpayer funds, ended a five- quarter losing streak with a $1.6 billion profit on trading gains and an accounting benefit for companies in distress. (Fri, 17 Apr 2009 12:00:23 GMT)

Citigroup results top forecasts
Citigroup reported better-than-expected results as an accounting benefit for distressed companies, cost-cutting and improved trading results helped offset red ink from consumer lending and credit cards. (Fri, 17 Apr 2009 20:52:57 GMT)

Citi profit exceeds estimates on trading, accounting rule
Citi profit exceeds estimates on trading, accounting ruleCiti profit exceeds estimates on trading, accounting rule (Fri, 17 Apr 2009 21:58:09 GMT)

Big-Citi accounting
After more than a year of crippling losses and three bailouts from Washington, Citigroup said yesterday that it had done something extraordinary: It made money. (Sat, 18 Apr 2009 09:18:55 GMT)

Sevastopol graduates launch Town Accounting
Anticipating a demand among small cities, villages and towns for Web-based accounting systems, two former Sevastopol High School classmates combined their business acumen to launch a firm they hope to grow nationwide. (Sat, 18 Apr 2009 09:21:48 GMT)

ICAEW: global accounting rules needed for financial crisis
The ICAEW institute has urged the US Securities and Exchange Commission to decide quickly on a timetable for moving to International Financial Reporting Standards in order to limit uncertainty for US companies. (Sat, 18 Apr 2009 23:10:44 GMT)

Hayti Heights internal controls and accounting records inadequate
HAYTI, Mo. -- The Missouri State Auditor, Susan Montee, JD, CPA, recently conducted an audit of the Thirty-fourth Judicial Circuit, City of Hayti Heights Municipal Division. The internal controls and... (Sun, 19 Apr 2009 05:03:47 GMT)

Bird census at Owens Lake shows nature returning
Hoping to control dust, L.A.'s DWP poured ankle-deep water into a Central California lake bed. Now tens of thousands of migrating waterfowl and shorebirds stop there. Teams of biologists fanned out across the vast playa of Owens Lake on Saturday to take a full accounting of one of environmentalism's unintended successes: tens of thousands of migrating waterfowl and shorebirds roosting on a ... (Sun, 19 Apr 2009 07:12:12 GMT)

League's accounting amiss: Required documents not filed; status unclear
It was all fun and games until somebody started asking questions. (Sun, 19 Apr 2009 11:14:18 GMT)

Spyware Jumps in 2009
Pests increased 10 percent in the year's first quarter, with Trojans accounting for most of the new malware. (Sun, 19 Apr 2009 13:43:47 GMT)

Citigroups Accounting and Najibs Political Creativity
Let's clear the confusion on this company called Citigroup Inc. which suddenly attracted all the cheers from the trading floor because the financial giant had done something extraordinary and awesome – it made money. (Sun, 19 Apr 2009 19:03:15 GMT)

Parmalat shares may rise as headlines fade: report
Parmalat SpA , best known to many U.S. investors for its 2003 bankruptcy and accounting scandal, may benefit as the market again focuses on its boring but steady dairy business, Barron's said Sunday. (Sun, 19 Apr 2009 21:34:19 GMT)

Panel zeros in on the relevance of fair value accounting
FAIR-VALUE, or mark-to-market, accounting has been the target of political criticism as one of the contributors to the current global economic downturn. (Sun, 19 Apr 2009 23:40:18 GMT)

Community banks find little aid in accounting changes
The mark-to-market accounting changes being championed on Wall Street are receiving less enthusiasm in Phoenix financial circles — especially among community banks, which expect to see little impact to their bottom lines. (Mon, 20 Apr 2009 04:46:00 GMT)

Richmond changes accounting firm, plans audit
Associated Press - April 20, 2009 7:15 AM ET RICHMOND, Vt. (AP) - The Town of Richmond plans to cut its ties with an accounting firm because Town Administrator Ron Rodjenski became involved in... (Mon, 20 Apr 2009 11:15:15 GMT)

Richmond changes accounting firm, plans audit
The Town of Richmond plans to cut its ties with an accounting firm because Town Administrator Ron Rodjenski became involved in a relationship with a member of the firm. (Mon, 20 Apr 2009 11:26:08 GMT)

MajescoMastek Partners with Flexi Software to Integrate Accounting Solution
Under the terms of the partnership, MajescoMastek will add Flexi Software's accounting solution to the STG Suite for all insurance transactions, including general ledger, accounts payable, fixed assets, purchasing and projects. (Mon, 20 Apr 2009 13:53:16 GMT)

Namibia: Youth Attracted to Accounting As a Career
Recently more than 4000 visitors, mostly young people, experienced the first ever Career Expo, held in the Presidential Hall at the Windhoek Showgrounds. (Mon, 20 Apr 2009 14:31:28 GMT)

Va. whistleblower loses bid for reinstatement
The Supreme Court has rejected the appeal of a fired bank executive who blew the whistle on alleged shoddy accounting practices and wants his job back. The justices on Monday turned down a bid by David Welch to be reinstated as chief financial officer of... (Mon, 20 Apr 2009 14:48:23 GMT)

Companies Seek SEC Decision On International Accounting Shift
WASHINGTON -(Dow Jones)- Some companies are urging the Securities and Exchange Commission to speed up its decision on a proposal to require U.S. companies to switch to international accounting rules. (Mon, 20 Apr 2009 20:37:49 GMT)

U.S. 'crazy' to water down fair value accounting: IASB chair
Wall Street lobbyists and U.S. politicians are damaging the credibility of corporate reporting and hurting the interests of investors around the world by pulling-back on fair value accounting, a top international accountant said. (Tue, 21 Apr 2009 06:07:11 GMT)

Richmond cuts ties with accounting firm
RICHMOND (AP) — The Town of Richmond plans to cut its ties with an accounting firm because Town Administrator Ron Rodjenski became involved in a relationship with a member of the firm. ... (Tue, 21 Apr 2009 07:05:57 GMT)

Schering-Plough Profit Jumps On Organon Accounting Changes
Schering-Plough Profit Jumps On Organon Accounting Changes (Tue, 21 Apr 2009 10:49:18 GMT)

Defense Finance and Accounting Service dropping contractor, will do work itself
Dale Omori/Plain Dealer fileGayle Grooms waved to drivers passing on East Ninth Street as they honk in support of the Cleveland office of the Defense Finance and Accounting Service in 2005. DFAS will not renew Lockheed Martin's controversial contract to... (Tue, 21 Apr 2009 11:02:59 GMT)

MEP up in court for false accounting
AN MEP and his researcher will appear in court next Monday charged with false accounting and using criminal property. (Tue, 21 Apr 2009 14:15:28 GMT)

IFRS to Converge with Islamic Accounting Standards
Even as the Securities and Exchange Commission weighs the comments that were due this week on its proposed roadmap to International Financial Reporting Standards, IFRS could be on a convergence path of its own with Islamic accounting standards. (Tue, 21 Apr 2009 23:33:07 GMT)

Goldman, Citi Accused of Accounting Tricks
Goldman Sachs and Citigroup reported better than expected financial results last week, but critics are complaining that the two banks bended accounting rules to boost their earnings. (Tue, 21 Apr 2009 23:33:17 GMT)

Accounting Today Releases Top 100 Firms Ranking
Accounting Today has published its latest annual ranking of the Top 100 accounting firms. (Tue, 21 Apr 2009 23:36:08 GMT)

Accounting
The accounting firm of J Brooks & Associates, Inc. has expanded its services to include condo/community association accounting and financial report preparation. J Brooks & Associates, Inc. has more than five years of property management experience and more than 15 years accounting experience. (Wed, 22 Apr 2009 03:54:56 GMT)

Budget 09: Darling wants single set of accounting rules for banks
David Jetuah, Accountancy Age , Wednesday 22 April 2009 at 13:37:00 Treasury paper on financial regulation reform will contain recomendations for a single set of accounting rules to see what risks the banks are taking, says Darling The chancellor has said a Treasury paper on financial regulation will call for a single set of accounting rules to help the government see what risks banks are ... (Wed, 22 Apr 2009 12:52:51 GMT)