Home Security News May 2009
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Exciting new take on Chartered Accounting
Elevate CA Limited have launched in Whangarei and Auckland. “Elevate CA is an exciting new take on the Chartered Accounting business”, says director Rebecca Brennan. (Fri, 01 May 2009 04:12:49 GMT)
Interim City Finance Director makes changes in accounting, control procedures
FERNLEY--Interim City Finance Director Susan Fairfield addressed issues where the city had been deficient in its accounting and control procedures, and thus made changes in a number of areas. (Fri, 01 May 2009 08:44:14 GMT)
Accounting Standards Board levels playing field on determining value of financial instruments
Following a special meeting, the Accounting Standards Board (AcSB) confirmed Thursday that “the recent U.S. guidance on determining the fair value of financial instruments is consistent with Canadian standards.” (Fri, 01 May 2009 12:42:09 GMT)
Practical accounting principles for private enterprises
On April 29, The Canadian Accounting Standards Board released its long awaited Exposure Draft on Generally Accepted Accounting Principles for Private Enterprises, recognizing that 'one size fits all' does not necessarily meet the needs of all private companies. (Fri, 01 May 2009 13:00:00 GMT)
Accounting Standards Board levels playing field on determining value of financial instruments
Following a special meeting, the Accounting Standards Board (AcSB) confirmed Thursday that “the recent U.S. guidance on determining the fair value of financial instruments is consistent with Canadian standards.” (Fri, 01 May 2009 17:12:19 GMT)
Accounting Changes Boost Hartford's Books
The Hartford's $1.2 billion first-quarter loss would have been a lot worse if the struggling insurance giant hadn't changed the way it keeps its books. (Fri, 01 May 2009 19:33:53 GMT)
Cindy Heath with Five Star Staffing & Accounting Recruiters Named 2009 HR & Staffing Impact Leader
RALEIGH , NC – Cindy Heath, Principal, Five Star Staffing & Accounting Recruiters, a responsive staffing firm focusing on Administrative and Accounting placements in the Triangle, has been named one of the 2009 Business Leaders Media's HR & Staffing Impact Leader. (Fri, 01 May 2009 20:04:42 GMT)
Boards Try to Reconcile Lease Accounting Standards
The Financial Accounting Standards Board and the International Accounting Standards Board are working together on resolving the knotty problems involved in lease accounting. (Fri, 01 May 2009 21:36:39 GMT)
How Finder's Fees Work, Accounting-Wise
First, decide if it's a percentage of the transaction or a flat fee. Then consider your industry and payout frequency to determine classification (Sat, 02 May 2009 02:08:23 GMT)
World of Accounting conference attracts future accountants
Accounting can be a rewarding profession, local CPAs shared with high school students Friday. (Sat, 02 May 2009 07:01:37 GMT)
Management Accounting Think Tank to Confer in Dubai
The ripples from the economic downturn are either being felt or anticipated at organisations across the GCC, which has had considerable ramifications for management accounting professionals. With this in mind, IIR Middle East is delighted to present you with details of a brand new forum, which will provide a formula to your company's future success. [PR.com - October 21, 2008] (Sat, 02 May 2009 16:31:43 GMT)
Sparta accounting firm to be honored for its charity work
James Caristia, managing partner of accounting office Caristia, Kulsar & Wade in Sparta, has a dozen or more stories about his firm's charitable foundation and all it has accomplished in the county, from providing a custom-built wheelchair for a local teen to assisting a debilitatingly injured local veterinarian with her rehabilitative surgery costs. (Sun, 03 May 2009 03:16:18 GMT)
Audit cites holes in accounting by water department
An audit performed for Jacksonville Water Department revealed a potential for fraud but with newly recommended controls that possibility could lessen, a certified public accountant says. (Sun, 03 May 2009 07:19:16 GMT)
Q & A with an accounting student
Q. Why did you choose to study accounting? (Sun, 03 May 2009 09:11:18 GMT)
Accounting standards - where is the honesty? - community blog from Stanley Epstein
Accounting standards - where is the honesty? Once again I am appalled by the banks. Here we are, all in the midst of the worst financial crisis of the past seventy years, brought on by the greed and stupidity of the banking community and what are the banks doing? (Sun, 03 May 2009 16:39:38 GMT)
Bridging the GAAP: FASB chairman digests possible changes to accounting rules
A few weeks ago, Federal Accounting Standards Board Chairman Robert Herz spent a few days visiting Wake Forest University. While on campus, he met with students and faculty, but also gave a public lecture on the convergence of U.S. Generally Accepted Accounting Principles, or GAAP, with International Financial Reporting Standards, or IFRS. (Mon, 04 May 2009 04:41:05 GMT)
Intacct and CPA2Biz Launch New Program and Product to Help CPA Firms Transform Client Accounting Practices
Intacct, a leading provider of on-demand financial management and accounting applications, and CPA2Biz, a subsidiary of the American Institute of Certified Public Accountants, today announced the launch of the new Intacct Accountants Program. This groundbreaking new program, available exclusively through CPA2Biz, will help CPA firms deepen their role as a trusted business advisor, transform ... (Mon, 04 May 2009 13:00:00 GMT)
Pacific Asia Petroleum Ranked in the Top 3% of Companies for Its Conservative Accounting and Governance Risk, Report ...
HARTSDALE, N.Y., May 4, 2009 -- Pacific Asia Petroleum, Inc. is rated amongst the top 3% of companies reviewed as to their accounting and governance risk, as reported by the Forbes Magazine "100 Most Trustworthy Companies" audit firm. (Mon, 04 May 2009 13:00:00 GMT)
United Insurance hires accounting firm McGladrey & Pullen
The audit committee of the board of directors of United Insurance Holdings Corp. engaged McGladrey & Pullen LLP as the company’s independent public accounting firm. (Mon, 04 May 2009 13:35:56 GMT)
VR Charlotte Retained by Large Accounting Firm Interested in Expansion
VR Mergers & Acquisitions Charlotte announced today it has been retained by a well established certified public accounting firm who is interested in acquiring additional professional accounting firms in the Carolinas. (Mon, 04 May 2009 14:21:00 GMT)
Grossinger Named Assistance Vice President Accounting at TopLine Federal Credit Union
MAPLE GROVE, Minn.----Judy Grossinger has been promoted to assistance vice president of accounting at TopLine Federal Credit Union. Grossinger, who joined the credit union in 1999, has many years of experience in accounting and finance. (Mon, 04 May 2009 14:56:00 GMT)
ACCOUNTING STANDARDS BOARD ANNOUNCES DECISION REGARDING FAIR VALUE ACCOUNTING STANDARDS AND IMPAIRMENT OF DEBT ...
The Accounting Standards Board (AcSB) confirmed, following a special meeting, that the recent US guidance on determining the fair value of financial instruments is consistent with Canadian standards. (Mon, 04 May 2009 15:10:45 GMT)
Monthly accounting system to give businesses power over credit rating
Businesses will be able to prove to banks and insurers that they remain viable under a groundbreaking deal struck by a leading credit reference agency. (Mon, 04 May 2009 15:19:25 GMT)
Get Peachtree Accounting Pro 2009 for free
Staples wants to borrow $140 from you for 4-6 weeks. If you'll agree to the loan, they'll give you this full-featured accounting package absolutely free. For keepsies. (Mon, 04 May 2009 17:10:29 GMT)
Regulators Didn't Challenge Freddie's Accounting
April 30, 2009 (Associated Press) WASHINGTON - An outside investigator early last year told regulators that Freddie Mac failed to properly document interest rate bets, but the government didn't challenge the mortgage finance company's accounting practices. (Mon, 04 May 2009 18:13:16 GMT)
Lease Accounting: Changes the IT Industry Should Know
The Financial Accounting Standards Board (FASB) is a private sector organization funded by corporations — not the government — and overseen by the Securities and Exchange Commission. Its mission is to develop Generally Accepted Accounting Principles (GAAP), which all public companies must follow. (Mon, 04 May 2009 21:53:56 GMT)
Wyoming changes accounting methods to move losses
Associated Press - May 4, 2009 7:25 PM ET CHEYENNE, Wyo. (AP) - State Treasurer Joe Meyer has changed Wyoming's accounting rules to start counting recent losses from stocks and other sour... (Mon, 04 May 2009 23:30:48 GMT)
U.S. Accounting Services to Exhibit at 2009 Business Expo
RALEIGH, N.C. (May 5, 2009) – U.S. Accounting Services, Inc., a growing provider of customized accounting services to right business, will be an exhibitor at the 2009 Business Expo on May 7, 2009. Hosted by the Greater Raleigh Chamber of Commerce, the 2009 Business Expo will take place from 9:30 a.m. to 5 p.m. in the Jim Graham Building at the N.C. State Fairgrounds. (Tue, 05 May 2009 01:19:43 GMT)
CUSI Implements Utility Billing Software Integrated with Sage MIP Fund Accounting for Texas Utility
CUSI Implements Utility Billing Software Integrated with Sage MIP Fund Accounting for Texas Utility. Integrated Utility Billing and Accounting Generates Quick Returns for Brushy Creek Municipal Utility District. (Tue, 05 May 2009 07:01:00 GMT)
Banks face profit hit if accounting rules adopted
Australian banks may suffer a big hit to profits from the middle of next year if the nation’s accounting standards for bad debt provisioning follows a US ruling that bases provisions on expected custo (Tue, 05 May 2009 09:51:16 GMT)
Patni's Asset Management Practice Introduces Outsourced Operational Fund Accounting Service
CAMBRIDGE, Mass.----Patni Computer Systems , a leading global IT and BPO services provider, today announced an Operational Fund Accounting Service designed to alleviate the challenges of back office operations that buy-side firms face on a daily basis. (Tue, 05 May 2009 13:00:00 GMT)
Wyoming changes accounting methods to move losses
State Treasurer Joe Meyer has changed Wyoming's accounting rules to count recent losses from stocks and other sour investments against the value of the state's permanent funds rather than allow the losses to reduce the state's calculation of annual investment income. (Tue, 05 May 2009 15:15:33 GMT)
Accounting firm Plante & Moran lays off 80 employees
Bill Hermann, the managing partner at Southfield-based Plante & Moran P.L.L.C., confirmed Tuesday that the accounting and consulting firm laid off about 80 employees last Thursday. (Tue, 05 May 2009 16:09:31 GMT)
St. Louis Accounting Firms Merge
Local accounting firms Conner Ash and the SPS Group CPAs met in St. Louis, danced the hoochee koochee, became each other s tootsee wootsie, and have now announced a merger. (Tue, 05 May 2009 22:06:13 GMT)
Freddie Pressured Over Accounting Disclosure
When Freddie Mac privately suggested to regulators last month how it planned to account for its mounting losses, the mortgage giant set off a firestorm. (Wed, 06 May 2009 04:00:00 GMT)
India Government Plans To Adopt Accrual-Based Accounting In 5 Yrs
NEW DELHI -(Dow Jones)- The Indian government plans to adopt accrual-based accounting within five years, migrating from its current cash-based accounting system, the finance ministry said Wednesday. (Wed, 06 May 2009 07:52:51 GMT)
South Africa: 'Keep Politics Out' of Accounting Rules
Johannesburg — THOSE who set global accounting standards should work effectively with stakeholders to avoid political interference, says an audit expert at Ernst & Young. (Wed, 06 May 2009 08:52:00 GMT)
Accounting Center established for small and medium enterprises in Armenia
146 legal entities attended the newly established Accounting Center between January 26 and May 4. (Wed, 06 May 2009 10:52:46 GMT)
Centre to adopt accrual basis accounting in five years
The government is planning to shift to a system of accounting where transactions are recorded in the books even if cash changes hands later, in five years. (Wed, 06 May 2009 11:38:55 GMT)
World's No 1 accounting standards-setter is in town
IF we ask most Malaysians whether the name Sir David Tweedie rings a bell, many would reply in the negative. Even if they are told that he is the chairman of the International Accounting Standards Board (IASB), the gravity of his role would escape the majority. (Wed, 06 May 2009 15:29:17 GMT)
Govt to adopt new accounting system
NEW DELHI: The Centre is planning to shift from cash to accrual-based system of accounting within five years under which transactions are recorded in the books even before cash actually changes. (Wed, 06 May 2009 19:56:45 GMT)
Centre to adopt accrual-based accounting in five years
In a major overhaul of its accounting system, the government is planning to shift in five years' time to a method of accounting where transactions will be recorded in the books even if cash changes hands later. (Wed, 06 May 2009 20:58:10 GMT)
Centre to shift to modern accounting system
Nearly five years after the 12th Finance Commission recommended an accrual-based accounting, the Centre has finally decided to shift to the modern accounting system. (Wed, 06 May 2009 23:34:58 GMT)
Fair value accounting – making it work
THE financial landscape will be irrevocably changed once fair value accounting or mark-to-market accounting via FRS139 Financial Instruments: Recognition and Measurement comes into force in Malaysia on Jan 1, 2010. (Wed, 06 May 2009 23:41:17 GMT)
Flotek Industries Announces Appointment of Scott D. Stanton as Chief Accounting Officer and Vice President of Finance
Flotek Industries, Inc. , a technology driven growth company serving the oil, gas, and mining industries, appointed Scott D. Stanton as the company's Vice President of Finance and Chief Accounting Officer on May 6, 2009. (Thu, 07 May 2009 11:30:00 GMT)
EU's McCreevy says accounting body clash over crisis
Accounting standard setters cannot ignore European Union finance ministers calling for swift action to amend rules to ease the impact of the financial crisis, a top EU official said Thursday. (Thu, 07 May 2009 14:15:00 GMT)
CFO Rick Belgarde of San Francisco Chosen to Manage Journeyfilm's Accounting Needs
CFO Rick, an accounting services firm dedicated to start-up organizations in the Bay Area, announced that it has been hired by Journeyfilm, an outdoor adventure film company, founded by filmmaker JB Benna in 1999. (Thu, 07 May 2009 21:37:00 GMT)
Grey's Anatomy Star's Divorcing Husband Accuses Accounting Firm
The estranged husband of actress Kate Walsh has filed papers asking a judge to force her accounting firm to produce more financial information about her and their home. (Thu, 07 May 2009 22:06:13 GMT)
HEALTH CARE: AMN reports $122M loss amid accounting charge and falling revenue
North County Times CARMEL VALLEY ---- AMN Healthcare Services Inc. said it lost $122 million in the first quarter amid falling revenue and a large accounting adjustment. (Fri, 08 May 2009 07:33:52 GMT)
4 With Ties to Ernst & Young Guilty of Tax Fraud
Four current and former partners of the Ernst & Young accounting firm were found guilty Thursday of fraud involving tax shelters that helped wealthy people evade income taxes. (Fri, 08 May 2009 11:17:22 GMT)
Mark-To-Market: Tool Or Trouble?
Mark-to-market accounting can be a valuable practice, but all bets are off when the market fluctuates wildly. (Fri, 08 May 2009 15:05:49 GMT)
Red Wings' Chelios owes $78K in back taxes
PONTIAC, Mich. (AP) - Detroit Red Wings defenseman Chris Chelios owes more than $78,000 in back taxes on his $2.9 million home in suburban Detroit. A team spokesman blames an accounting glitch and said the bill will be paid in full within days. (Sat, 09 May 2009 08:26:59 GMT)
Fees inflated by accounting error
An accounting error made by Hazleton Area School District’s business office inflated fees paid to athletic event workers over the past year. (Sat, 09 May 2009 08:42:54 GMT)
ALL BUSINESS: Accounting tricks boost bank profits
There's nothing like a little magical math to make banks' financial woes go away. (Sat, 09 May 2009 09:14:28 GMT)
ALL BUSINESS: Accounting tricks boost bank profits
There's nothing like a little magical math to make banks' financial woes go away. Bank stocks have surged in recent weeks, a sign that investors are betting the worst of the financial crisis is over. (Sat, 09 May 2009 09:14:58 GMT)
List Says Top Democrats Were Briefed on Interrogations
A new accounting appears to call into question House Speaker Nancy Pelosi?s claim that she was never told that waterboarding and other methods were actually used on detainees. (Sat, 09 May 2009 13:53:42 GMT)
IGNOU-Accenture launch BPO accounting course
The Indira Gandhi National Open University (IGNOU), Ahmedabad has tied up with Accenture to launch a new course for the business process outsourcing (BPO). (Sat, 09 May 2009 18:42:55 GMT)
Local accounting firm in new office
The Hanover office location of Smith Elliott Kearns & Co. LLC has moved to 55 Wetzel Drive from the former Frederick Street location. (Sat, 09 May 2009 18:49:29 GMT)
Banks shoring up profits with dodgy accounting
NEW YORK — There's nothing like a little magical math to make banks' financial woes go away. Bank stocks have surged in recent weeks, a sign that investors are betting the worst of the financial crisis is over. (Sun, 10 May 2009 05:42:32 GMT)
Accounting tricks boost bank profits
There's nothing like a little magical math to make banks' financial woes go away. Bank stocks have surged in recent weeks, a sign that investors are betting the worst of the financial crisis is over. But in reaching this conclusion, the market has chosen to... Related: Financial crisis - Bank - Business - Accountancy - Financial Services (Sun, 10 May 2009 07:43:51 GMT)
Fees inflated by accounting error
An accounting error made by Hazleton Area School District’s business office inflated fees paid to athletic event workers over the past year. (Sun, 10 May 2009 08:39:50 GMT)
Top 100 Products: The List
AccountMate Software Corp. This accounting and business management software provides a stable and modifiable solution that is sold by the module, and the availability of source code makes it modifiable for adaptation to changing business environments. (Sun, 10 May 2009 13:36:14 GMT)
Kuwait's oil revenue up 44 pct in 2008
DUBAI, May 10 (Reuters) - Kuwait's oil revenue surged 44 percent in 2008 to 22.67 billion dinars ($77.74 billion) as energy prices soared, accounting for 94 percent of the OPEC producer's total state revenue, central bank data showed. (Sun, 10 May 2009 14:00:26 GMT)
Xero online accounting firm signs deal with British Telecom
Online accounting software firm Xero has signed an agreement with UK telecommunications giant, British Telecom (Sun, 10 May 2009 23:08:04 GMT)
Big accounting firms trim their local payrolls
Many accounting firms have responded to reduced revenue and client cutbacks by trimming their staffs. But laid-off employees are still finding work elsewhere in the Washington area. (Mon, 11 May 2009 07:03:54 GMT)
You Have Your Accounting Degree. What's Next?
MONTVALE, N.J.----They've spent years studying finance, auditing, and budgeting. They've joined the student chapters of professional associations like the Institute of Management Accountants and networked with key practitioners in their community. (Mon, 11 May 2009 08:35:00 GMT)
Tricky accounting helping to fuel banks' upswing
NEW YORK -- There's nothing like a little magical math to make banks' financial woes go away. (Mon, 11 May 2009 09:29:43 GMT)
HSBC says first-quarter profits up, investment banking strong
HSBC Holdings , Europe's biggest bank, said first-quarter profits were "well ahead" of last year, swelled by record results in its investment bank, but would have been down without accounting gains on its debt. (Mon, 11 May 2009 11:01:59 GMT)
HSBC says first-quarter profits up
HSBC Holdings said first quarter profits were "well ahead" of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without accounting gains on its debt. (Mon, 11 May 2009 13:00:14 GMT)
HSBC says first-quarter profits up
LONDON (Reuters) - HSBC Holdings said first quarter profits were "well ahead" of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without accounting gains on its debt. (Mon, 11 May 2009 13:00:14 GMT)
Report: Seven U.S. industries thriving
Accounting firms, grocery stores and dentist offices are among seven U.S. sectors experiencing above-average sales during the economic downturn, according to data compiled by Sageworks Inc., a Raleigh company that develops financial-analysis tools for accounting firms and banks. (Mon, 11 May 2009 13:51:47 GMT)
Finally in the land of the free, but where are the jobs?
Of all of the calculations Zainab Ibrahim made during her accounting career in Baghdad, this one was a snap. (Mon, 11 May 2009 14:20:34 GMT)
AWB lowers guidance after accounting ‘errors’
Wheat exporter AWB has downgraded first half profit guidance after it discovered accounting “errors” costing $4 million in its Brazil operation. AWB said today that it had changed management in Brazi (Tue, 12 May 2009 00:21:18 GMT)
Brazilian accounting errors cost AWB $4m
AWB Ltd has been forced to slash its half-year profit guidance to $8-$9 million, due to accounting errors at its Brazilian arm. (Tue, 12 May 2009 04:07:52 GMT)
Study finds software piracy growing
Software piracy grew last year, accounting for 41 percent of all PC software installed, with losses to companies estimated at $53 billion, the Business Software Alliance said on Tuesday. (Tue, 12 May 2009 05:08:33 GMT)
Imperial Tobacco Has First-Half Loss on Derivative Accounting
May 12 (Bloomberg) -- Imperial Tobacco Group Plc , Europe’s second-largest cigarette maker, reported a first-half loss as currency and interest rates fluctuations led to an increase in so-called fair value losses on derivatives used for hedging. (Tue, 12 May 2009 07:20:01 GMT)
eTelemetry Introduces Cloud Computing Bandwidth Accounting
ANNAPOLIS, Md.----eTelemetry, the leader in extracting real-time business information from network activity, today announced that it is including Cloud Services Accounting in its release of Metron, v. 2.1. (Tue, 12 May 2009 12:00:00 GMT)
Business PhD Applications on the Rise
With expenses such as business lunches being curtailed and a dwindling list of new clients, Wayne Nelms knew it was only a matter of time before he would be laid off by accounting firm Grant Thornton. (Tue, 12 May 2009 12:08:43 GMT)
Husband cleared of false accounts
A man accused of involvement in a £650,000 Citizens' Advice Bureau fraud is told he will be cleared of false accounting. (Tue, 12 May 2009 12:46:23 GMT)
Local CPA tells Rotary accounting skills useful on the homefront
When Alice Riffee remodeled her kitchen. she drew on her accounting skills to tackle the ordeal that would disrupt her domestic scene for three months. In her professional life as a CPA and a financial consultant with AXA Equitable, Riffee knew from long experience that design and control are essential to every successful project. (Tue, 12 May 2009 13:22:26 GMT)
MBIA Post Ironic Profits On Accounting Gains
MBIA beats Wall Street with a big profit, all of it the result of help from fair-value accounting rules. (Tue, 12 May 2009 16:12:46 GMT)
NYSE Chief Wants Accounting Firms to Cut SOX Fees
NYSE Euronext CEO Duncan Niederauer thinks accounting firms are charging small companies too much to comply with Sarbanes-Oxley requirements and suggested the SEC may pressure the firms to reduce their fees. (Tue, 12 May 2009 21:51:13 GMT)
Creative accounting for SH20
The decision of Steven Joyce, Minister of Transport, to build a surface motorway through suburban housing, prime parkland, and over one of Auckland’s hidden gems, Te Auaunga Oakley Creek is evidence of the creative accounting used to justify such destruction according to Christopher Dempsey, Eden Albert Community Board Chair. (Tue, 12 May 2009 22:00:47 GMT)
Accounting
J Brooks & Associates Inc. announced that John Eckerle has joined its team as a staff accountant. J Brooks & Associates Inc. is an accounting firm specializing in the many facets of accounting. (Wed, 13 May 2009 04:32:20 GMT)
Conseco delays filing to review accounting rules
Conseco, the life insurer that this week reported its first profit since 2006, missed the deadline for filing results with regulators because it was reviewing new accounting rules concerning investment losses. The first-quarter results will be filed "as soon as practicable" after a review of its disclosure of writedowns on investments, the Carmel-based company said in a regulatory filing. (Wed, 13 May 2009 06:03:08 GMT)
Accounting chamber: Naftogaz's financial plan for 2009 unbalanced
The financial plan of National JSC Naftogaz Ukrainy for 2009 has a deficit of UAH 6.1 billion, the press service of the Accounting Chamber of Ukraine reported on Tuesday after an audit of the Ukrainian state holding. (Wed, 13 May 2009 09:30:50 GMT)
Accounting Change Puts MBIA Back In Black
The bond insurer gets back into the black, but don't confuse that with a big improvement in business. (Wed, 13 May 2009 12:53:42 GMT)
Accounting salaries, demand drop
Ernst & Young - Kost Forer Gabbay & Kasierer remains the top-ranked accounting firm. (Wed, 13 May 2009 13:01:36 GMT)
You Have Your Accounting Degree. What’s Next?
It s a relevant question given today s crapshoot of an economy. Students spend years studying finance, auditing and budgeting, join their local chapters of professional associations and network with key practitioners in their community. As thousands of graduates enter the workforce this month the question remains: now what? (Wed, 13 May 2009 14:21:43 GMT)
Syntex Management Systems, Inc. to Discuss Enterprise Risk Management at the North American Petroleum Accounting ...
Syntex Management Systems, Inc., world's leading provider of enterprise risk management solutions, is pleased to announce that Trent Derr, President and CEO for Syntex will present "Gaining a Corporate-Wide Picture Using Financial and Operational Data" at the North American Petroleum Accounting Conference on May 15, 2009 from 9:35 am-10:35 am. (Wed, 13 May 2009 16:02:00 GMT)
Accounting Management Solutions Ranked Among Fastest-Growing Massachusetts Companies for Fourth Straight Year
WALTHAM, MA--(Marketwire - May 13, 2009) - Accounting Management Solutions, Inc. (AMS), the leading provider of accounting, financial management, and consulting services to public, private, and nonprofit organizations in the Northeast, has been named one of the fastest-growing private companies in Massachusetts by the Boston Business Journal (BBJ) for the fourth consecutive year. The latest ... (Wed, 13 May 2009 20:05:47 GMT)
NASBA Announces Speakers for "Accounting Industry Town Hall Meeting" at the National CPE Expo
SAN ANTONIO----The National Association of State Boards of Accountancy, Inc. announced today a panel of five distinguished industry leaders for the Accounting Industry Town Hall Meeting at its National CPE Expo on September 21-23, 2009 at the Henry B. (Thu, 14 May 2009 15:00:00 GMT)
TPG Software Addresses New FASB Requirements for Impaired Asset Accounting
HOUSTON----TPG Software today announced enhancements to its investment accounting platform to help financial institutions meet new financial statement reporting challenges. It will enable financial institutions to account for Other Than Temporarily Impaired assets in compliance with the newly-issued guidance on FAS157. (Thu, 14 May 2009 20:03:00 GMT)
Testimony: Scrushy left HealthSouth in a mess
Fired HealthSouth Corp. CEO Richard Scrushy left the company in a mess after investigators uncovered a massive accounting scam at the rehabilitation company, a corporate restructuring expert said. (Thu, 14 May 2009 21:36:09 GMT)
Insured immigrants spend less on health: study
Insured immigrants have lower medical expenses than U.S.-born citizens, even after accounting for lower levels of insurance coverage, U.S. researchers said on Thursday. (Thu, 14 May 2009 23:27:23 GMT)
Can China Go Green?
Earn a Masters in Accounting 100% Online! Earn your MBA in Accounting, 100% Online, in as few as 15 months from CTU, an Accredited University. Business Courses Online Learn the Core Subjects of an MBA in a 24-Week Program. 100% Online! (Fri, 15 May 2009 05:21:33 GMT)
Ibrado: Balikatan accounting passed COA
The "after activity report" on how the P46-million Balikatan 2007 funds were spent by the military has passed the Commission on Audit (COA), Armed Forces chief Lt. Gen. Victor Ibrado said Friday, virtually denying allegations of Navy Lt. Nancy Gadian that the funds were misused. (Fri, 15 May 2009 08:04:19 GMT)
Deloitte Australia launches online accounting service with AccountsIQ
AccountsIQ has announced that Deloitte Australia has today launched an online accounting service to its clients based on the accountsIQ software. (Fri, 15 May 2009 08:41:29 GMT)
U.S. jury finds ex-E&Y partner guilty on fraud charges
A U.S. jury found a former partner at accounting firm Ernst & Young LLP guilty of a securities fraud charge on Friday, according to a court document. (Fri, 15 May 2009 20:58:54 GMT)
U.S. jury finds Ex-E&Y partner guilty of fraud
A former partner at accounting firm Ernst & Young LLP was guilty of securities fraud for an insider trading scheme but not guilty of conspiracy charges, a U.S. jury ruled on Friday. (Fri, 15 May 2009 21:41:55 GMT)
Where The Jobs Are: Accounting
Businesses everywhere need someone to keep the books. (Fri, 15 May 2009 22:03:12 GMT)
Capitol Alert: Accounting change equals more school cuts, governor says
Schwarzenegger administration officials explained Friday why they believe they can cut three times a (Fri, 15 May 2009 23:33:52 GMT)
Ex-Ernst Partner Guilty of Insider Trading
A former partner at the accounting firm Ernst & Young was found guilty of securities fraud for an insider trading scheme but not guilty of conspiracy charges. (Sat, 16 May 2009 02:10:43 GMT)
William Henry Harrison Jr.: Finance executive for Texas Utilities
William Henry Harrison Jr. used his skills in accounting, finance and law to become chief financial officer at Texas Utilities Co., now TXU Energy. He was respected across the industry, his former colleagues said. (Sat, 16 May 2009 07:36:56 GMT)
Report: Federal Agencies Also Concerned With Vet Shortage
A report released earlier this year by the Government Accounting Office (GAO), “Veterinarian Workforce: Actions are Needed to Ensure Sufficient Capacity for Protecting Public Health and Animal Health,” further supports the American Veterinary Medical Association’s claims that the food animal veterinarian supply is becoming a dire situation. As a result, according to the report, U.S. Department ... (Sat, 16 May 2009 14:27:04 GMT)
Where The Jobs Are: Accounting
Businesses everywhere need someone to keep the books. (Sat, 16 May 2009 17:14:20 GMT)
Pawlenty offers spending cut, accounting shift
In Arnie's defense, I must point out that California requires a super-majority for omnibus budget approval in both the senate and the … read more assembly. Getting a California budget approved is extremely difficult for GOP and Dem governors. (Sat, 16 May 2009 18:52:07 GMT)
Boston gets three homers in 5-3 win Seattle
Jason Bay slugged his 11th homer of the season in the first, Jason Varitek hit a two-run shot an inning later and Jeff Bailey also connected accounting for all of Boston's runs in a 5-3 win over the Seattle Mariners Saturday night to snap a three-game skid. (Sun, 17 May 2009 05:20:50 GMT)
Beckett Goes 7 As Red Sox Beat Mariners
Jason Bay slugged his 11th homer of the season in the first, Jason Varitek hit a two-run shot an inning later and Jeff Bailey also connected accounting for all of Boston's runs in a 5-3 win over the Seattle Mariners Saturday night to end a three-game skid. (Sun, 17 May 2009 05:52:09 GMT)
Nutter Tries to Deflect Criticism Over His Budget Proposal
Mayor Nutter's two year temporary property tax hike was a huge part of his original five year spending plan, accounting for more than $270 million dollars in expected revenue. But in the face of opposition from many Council members, Nutter dropped the idea this past week. (Sun, 17 May 2009 11:42:28 GMT)
Other days
100 YEARS AGO May 17, 1909 Judge Joseph M. Hill, accompanied by other members of the counsel for the State Railroad Commission, will go to St. Louis Tuesday for the purpose of consulting with the rate experts who have had charge of the accounting of the rates for the state of Missouri in the rate litigation in that state. The representatives of the Railroad Commission will meet with these ... (Sun, 17 May 2009 12:21:35 GMT)
Coppell resident receives award for academic excellence
Coppell resident Matthew Ryan Kubic received the 2009 Texas Society of CPAs Accounting Excellence Award from Texas Christian University. Kubic was selected for this honor by the university’s accounting faculty. The award is based on academic performance. (Sun, 17 May 2009 13:48:23 GMT)
Regulator asks PwC to probe RBS board
Britain's financial regulator has asked accounting firm PricewaterhouseCoopers (PwC) to investigate the behaviour of former board directors of Royal Bank of Scotland Group, the Sunday Telegraph said. (Sun, 17 May 2009 14:18:00 GMT)
Software piracy growing
WASHINGTON—Software piracy grew last year, accounting for 41 percent of all PC software installed, with losses to companies estimated at $53 billion, the Business Software Alliance said on Tuesday. (Sun, 17 May 2009 14:30:04 GMT)
Board to Ban Accounting Practice That Helped Lending Proliferate
The end is nearing for an accounting trick destined to be remembered as a hallmark of the housing boom, because it allowed financial firms to conceal a vast expansion in their lending from regulators and investors. (Mon, 18 May 2009 04:00:00 GMT)
New accounting grads buck economy, land jobs
Many of Western New York’s largest accounting firms are sticking with plans to hire new college graduates, despite the slip-sliding state of the economy. (Mon, 18 May 2009 07:17:37 GMT)
IAB Research Indicates That Men Still Dominate Senior Accounting Positions
LONDON----Research conducted by International Accounting Bulletin , VRL's leading publication for the global accounting industry, reports that while the issue of gender diversity in firms has risen up the agenda over the past 10 years, leading to greater opportunities for women, there is still evidence of a glass ceiling. (Mon, 18 May 2009 09:35:00 GMT)
Corefino Accounting Solution Helps SHOP.COM Gain 52% Savings
SUNNYVALE, Calif.----Corefino, the Future of 21st Century Accounting™, today announced that its customer, Internet shopping innovator SHOP.COM, is realizing a 52 percent return on investment since selecting Corefino to run its accounting operations in Q1 2009. (Mon, 18 May 2009 12:00:00 GMT)
Corefino Intro's Outsourced Accounting Solution for Strategic CFO's
SUNNYVALE, Calif.----Corefino, the Future of 21st Century Accounting™, announced today a three part people-place-platform solution for strategic Chief Financial Officers , that completely outsources the routine accounting function for mid-market organizations. (Mon, 18 May 2009 12:00:00 GMT)
Ricoh Announces Technesis Print Control System Document Accounting Solution
RiSVP Member Software to Reduce Total Cost of Ownership WEST CALDWELL, N.J., May 18 /PRNewswire/ -- Ricoh Americas Corporation, a leading provider of digital office equipment, today announced the release of Technesis Print Control System, a document accounting software solution that architectural and engineering firms can use to lower their wide format printing costs and reduce waste. (Mon, 18 May 2009 14:22:09 GMT)
US Supreme Court Will Hear Appeal On Public Accounting Board
WASHINGTON -(Dow Jones)- The U.S. Supreme Court Monday accepted an appeal by several groups that brought a constitutional challenge to the Public Company Accounting Oversight Board created by 2002 changes in federal accounting laws. (Mon, 18 May 2009 14:37:50 GMT)
(AFX UK Focus) 2009-05-18 15:29 U.S. court to review accounting oversight board case
WASHINGTON, May 18 (Reuters) - The Supreme Court said on Monday it would decide a constitutional challenge to the 2002 law that created a national board to oversee U.S. public company auditors. The justices agreed to review a ruling by a U.S. appeals court that upheld the Sarbanes-Oxley Act of 2002, which set up the Public Company Accounting Oversight Board. A conservative activist group called ... (Mon, 18 May 2009 14:54:08 GMT)
Court to review anti-fraud law
The Supreme Court said Monday that it will rule on the constitutionality of the anti-fraud law that grew out of accounting scandals at Enron Corp. and other companies. (Mon, 18 May 2009 15:11:15 GMT)
High court to review accounting board case
Challenge argues that the Sarbanes-Oxley Act of 2002 violates separation-of-powers rules. (Mon, 18 May 2009 15:27:32 GMT)
2nd UPDATE: US High Court To Hear Appeal On Public Accounting Board/
WASHINGTON -(Dow Jones)- The U.S. Supreme Court Monday accepted an appeal by several groups that brought a constitutional challenge to the Public Company Accounting Oversight Board created by 2002 changes in federal accounting laws. (Mon, 18 May 2009 16:52:32 GMT)
An Accounting Tragedy
Among the tragedies inflicted on thousands of victims by Bernard Madoff was that perpetrated on a tiny accounting firm in New City, N.Y., a hamlet some 30 miles north of New York City. (Tue, 19 May 2009 05:36:14 GMT)
South Africa: Wits Acts to Save Its Accounting Accreditation
Johannesburg — THE University of the Witwatersrand (Wits) has appointed a new head to the School of Accounting. The school has been without a permanent head for 17 months. (Tue, 19 May 2009 06:28:13 GMT)
U.S. accounting board tightens loan rules
The board that sets U.S. accounting standards on Monday moved to end companies' use of a device that allowed them to park hundreds of billions of dollars in loans off their balance sheets without capital cushions and has been blamed for helping stoke banks' losses in the housing boom. (Tue, 19 May 2009 07:12:19 GMT)
Board tries to curb banks' accounting practice
The board that sets U.S. accounting standards on Monday moved to end companies' use of a device that allowed them to park hundreds of billions of dollars in loans off their balance sheets without capital cushions and has been blamed for helping stoke banks'... Related: United States - Balance sheet - Business - Accountancy - Accounting (Tue, 19 May 2009 07:34:52 GMT)
MetLife Names Peter M. Carlson as Chief Accounting Officer
NEW YORK----MetLife, Inc. announced today the appointment of Peter M. Carlson as its chief accounting officer. In this position, Carlson will oversee corporate accounting functions and financial reporting. (Tue, 19 May 2009 12:09:00 GMT)
Leading Virtual Accounting Department Provider, OSI, Attends Scaling New Heights Conference
Outsourced accounting services company, OSI Business Services, announces it is attending the Scaling New Heights Intuit conference. The conference will give the virtual accounting department new information regarding QuickBooks. (Tue, 19 May 2009 14:19:24 GMT)
Caisse refutes accounting manipulation allegations
The Caisse de dépôt et placement du Québec is denying allegations of accounting manipulation, made in a book soon to be released by author Mario Pelletier. (Tue, 19 May 2009 14:42:44 GMT)
BKD acquires Dallas accounting firm
Springfield-based BKD LLP has acquired Dallas accounting firm KBA Group LLP, effective June 1. (Tue, 19 May 2009 15:26:14 GMT)
FASB Changes Accounting Rule
The FASB yesterday gave final approval to accounting rule changes that will require the companies to bring their off-balance sheet assets onto their balance sheets. (Tue, 19 May 2009 19:16:38 GMT)
GPS System might begin to fail in 2010, Government Accounting Office warns
Get all of your geocache games in while you can, kids... if the Worst Case Scenario(R) goes down, the nation's GPS system could begin to fail sometime next year. According to a Government Accounting Office report, the Global Positioning System has been so mismanaged that when aging equipment starts to fail, there may be no new satellites to take their place. "If the Air Force does not meet its ... (Wed, 20 May 2009 01:47:58 GMT)
U. Summer Accounting Institute Registration Available
VERMILLION — High school sophomores and juniors interested in pursuing an accounting career can register for the 2009 Summer Accounting Institute at The University of South Dakota. (Wed, 20 May 2009 09:55:15 GMT)
Music Reports Announces Launch of Industry's First Online Royalty Accounting for Digital Music Services
WOODLAND HILLS, Calif.----Music Reports, Inc., the leading provider of music rights administration services in the United States, today announced that it has started accounting to more than 12,000 music publishing administrators representing over 50,000 individual music publishers, on behalf of its digital music service clients. (Wed, 20 May 2009 11:15:00 GMT)
AIG investors to get $843 in accounting fraud, SEC says
The distribution was approved by a federal court after the insurance giant consented to a judgment in 2006 in an SEC case alleging that it falsified finance statements from at least 2000 until 2005. A federal court has approved distributing $843 million to investors in American International Group Inc., the Securities and Exchange Commission said. (Wed, 20 May 2009 13:59:08 GMT)
RACIAL BIASES IN RECRUITMENT BY ACCOUNTING FIRMS: THE CASE OF INTERNATIONAL CHINESE APPLICANTS IN AUSTRALIA
This paper documents the difficulties in finding accounting work faced by international Chinese accounting graduates in Australia in the two years after graduation. We argue that Chinese accounting graduates remain a marginalised group within today's Australian society. (Wed, 20 May 2009 17:40:25 GMT)
BKD merges with Texas accounting firm
Accounting firm BKD LLP has merged with Dallas-based KBA Group LLP, the companies announced this week. (Wed, 20 May 2009 19:04:58 GMT)
U. Summer Accounting Institute Registration Available
VERMILLION — High school sophomores and juniors interested in pursuing an accounting career can register for the 2009 Summer Accounting Institute at The University of South Dakota. (Thu, 21 May 2009 04:55:05 GMT)
Accounting
Toni Sparkman of Markham Norton Mosteller Wright & Company P.A. recently completed a specialized educational program to become a certified divorce financial analyst. Markham Norton Mosteller Wright & Company P.A. is a business consulting and certified public accounting firm with offices in Fort Myers and Naples. (Thu, 21 May 2009 07:27:48 GMT)
Scrushy testifies he had no role in HealthSouth accounting fraud
BIRMINGHAM -- Testifying publicly for the first time about the financial debacle at Health South Corp., fired CEO Richard Scrushy denied any involve ment Wednesday with the huge accounting swindle that en gulfed the rehabilitation compa ny. (Thu, 21 May 2009 09:17:27 GMT)
Current Lease Accounting Standards for Lessees Under U.S. GAAP
Existing lease accounting standards require lessees to classify their lease contracts as either capital leases or operating leases. Capital leases are defined as leases that transfer to the lessee substantially all of the risks and rewards incidental to ownership of the leased asset. (Thu, 21 May 2009 10:22:40 GMT)
Sensata Technologies Names Robert Hureau as Chief Accounting Officer
Sensata Technologies Inc. is announcing the appointment of Robert Hureau as Chief Accounting Officer responsible for worldwide accounting, external financial reporting, internal controls and treasury-related activities at the Company. (Thu, 21 May 2009 12:00:00 GMT)
Sensata Technologies Names Robert Hureau as Chief Accounting Officer
ATTLEBORO, Mass., May 21 /PRNewswire-FirstCall/ -- Sensata Technologies Inc. (Thu, 21 May 2009 14:19:38 GMT)
The Financial Accounting Foundation Appoints David E. Sundstrom to the GASB
NORWALK, Conn.----The Financial Accounting Foundation today announced that David E. Sundstrom, Auditor-Controller for Orange County, California, has been named to the Governmental Accounting Standards Board . (Thu, 21 May 2009 15:00:00 GMT)
NACVA to Unveil Criminal Forensic Accounting Methodology
The National Association of Certified Valuation Analysts plans to introduce a software-based civil and criminal forensic accounting methodology next week at its annual conference. (Thu, 21 May 2009 18:51:14 GMT)
Picking the Best Mobile Devices for Accounting
Putting mobile technology to work, and choosing which devices to use when, was the main topic during a session at the Accounting Technology Show and Conference in New York. (Thu, 21 May 2009 19:51:14 GMT)
Accounting move may trim tax hike
County leaders supported an accounting maneuver they learned about Thursday that will enable them to reduce about $1 million from a proposed tax increase to all property owners next year. (Fri, 22 May 2009 08:17:00 GMT)
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