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Crunch: Biting through 'traditional' SaaS accounting solutions
‘Ridiculously easy accounting.’ So says the tagline of cloud computing newcomer, Crunch, which aims to offer a fresh take on SaaS (software-as-a-service) accounting solutions for freelancers and small and medium sized businesses with £25,000 plus turnover. (Wed, 01 Jul 2009 09:04:37 GMT)

The Association of Latino Professionals in Finance and Accounting Announce Details of its Annual Convention in Boston, ...
A four-day event for professionals and students pursuing careers in finance and accounting that includes workshops, networking events, luncheons and dinner gala. Over 2,000 expected to attend the 4-day event that will include a career fair with close to 100 companies participating. (Wed, 01 Jul 2009 13:00:00 GMT)

Accounting Salaries Hold Steady Despite Economy
Young professionals who have earned the Certified Management Accountant designation earn more than their non-certified peers, according to a new salary study released by the Institute of Management Accountants. (Wed, 01 Jul 2009 15:06:40 GMT)

FASB Accounting Standards CodificationTM Launches Today
NORWALK, Conn.----The Financial Accounting Standards Board today launched the FASB Accounting Standards CodificationTM as the single source of authoritative nongovernmental U.S. generally accepted accounting principles . (Wed, 01 Jul 2009 16:00:00 GMT)

FASB Debuts Accounting Standards Codification
The Financial Accounting Standards Board has officially launched its FASB Accounting Standards Codification, an online interactive research tool that will serve as the single source of authoritative nongovernmental U.S. generally accepted accounting principles. (Wed, 01 Jul 2009 16:06:51 GMT)

SEC Charges Former Chief Accounting Officer of Beazer Homes for Fraudulent Earnings Management Scheme
Washington, D.C., July 1, 2009 — The Securities and Exchange Commission today charged the former chief accounting officer of Atlanta-based home builder Beazer Homes, USA, Inc., for conducting a multi-year fraudulent earnings management scheme and misleading Beazer's outside auditors and internal Beazer accountants in order to conceal his wrongdoing. (Wed, 01 Jul 2009 18:44:10 GMT)

The Association of Latino Professionals in Finance and Accounting Announce Details of its Annual Convention in Boston, ...
A four-day event for professionals and students pursuing careers in finance and accounting that includes workshops, networking events, luncheons and dinner gala. Over 2,000 expected to attend the 4-day event that will include a career fair with close to 100 companies participating. (PRWeb Jul 1, 2009) Read the full story at http://www.prweb.com/releases/20 (Wed, 01 Jul 2009 18:52:19 GMT)

(AFX UK Focus) 2009-07-01 19:45 UPDATE 1-SEC accuses ex-Beazer official of accounting fraud
NEW YORK, July 1 (Reuters) - U.S. stock regulators on Wednesday accused a former chief accounting officer at Beazer Homes USA Inc of running a fraudulent scheme to manipulate the builder's results. Michael Rand, of Sandy Springs, Georgia, was accused in a civil lawsuit of violating federal securities law and misleading the builder's outside auditors to conceal his wrongdoing. (Wed, 01 Jul 2009 19:08:30 GMT)

Ex-Beazer Accountant Sued by SEC for Accounting Fraud (Update1)
July 1 (Bloomberg) -- Beazer Homes USA Inc .’s former chief accounting officer was sued by the U.S. Securities and Exchange Commission for fraudulently managing earnings to meet analysts’ expectations and boost executive bonuses. (Wed, 01 Jul 2009 21:28:23 GMT)

Nigeria: Accounting Board Partners NERC to Improve Standards
Lagos — The Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Accounting Standard Board (NASB) are collaborating to develop an accounting system to aid the determination of electricity tariff, report cost and expenses for the Nigerian Electricity Supply Industry (NESI). (Thu, 02 Jul 2009 12:16:58 GMT)

SEC Charges Ex Beazer Accounting Chief with Fraud
The SEC has charged the former chief accounting officer of Beazer Homes with conducting a fraudulent earnings management scheme for over five years and misleading the home builder s outside auditors and internal accountants. (Thu, 02 Jul 2009 15:06:13 GMT)

Access Accounting restructures and rebrands
Access Accounting, the financial software suppliers, will now primarily be focused on consulting in a restructure by its parent company, ATG, which is consolidating its subsidiaries. (Thu, 02 Jul 2009 15:51:51 GMT)

BDO (SA) Selects Maconomy's Tax, Audit and Accounting Solution
BOSTON----Maconomy, the international supplier of ERP solutions for Professional Services Organizations , has signed a deal with the South African audit firm BDO Spencer Steward, a part of the world's fifth-largest accounting network. (Thu, 02 Jul 2009 18:40:00 GMT)

Neverland Accounting
Why Michael Jackson's balance sheet looked like an ailing company's. (Thu, 02 Jul 2009 19:12:01 GMT)

SEC CHARGES FORMER CHIEF ACCOUNTING OFFICER OF BEAZER HOMES FOR FRAUDULENT EARNINGS MANAGEMENT SCHEME
The Securities and Exchange Commission today charged the former chief accounting officer of Atlanta-based home builder Beazer Homes, USA, Inc., for conducting a multi-year fraudulent earnings management scheme and misleading Beazer's outside auditors and internal Beazer accountants in order to conceal his wrongdoing. (Fri, 03 Jul 2009 04:25:22 GMT)

BDO (SA) Selects Maconomy’s Tax, Audit and Accounting ERP Solution
Maconomy, the international supplier of ERP solutions for Professional Services Organizations (PSO), has signed a deal with the South African audit firm BDO Spencer Steward, a part of the world's fifth-largest accounting network. The deal includes an ERP solution for 480 users. (Fri, 03 Jul 2009 05:00:19 GMT)

ACCOUNTING IN DIFFICULT TIMES
Whether reporting under IFRS or UK GAAP, many companies will be having to consider the implications of the global financial crisis. We examine some of the financial reporting consequences, both in respect of new standards and guidance and applying existing standards. (Fri, 03 Jul 2009 10:21:52 GMT)

HSE accounting systems ‘outdated’
ARCHAIC accounting systems mean the Health Service Executive cannot manage its €15 billion budget properly. (Sat, 04 Jul 2009 00:35:58 GMT)

CODA and Corefino Partner on Breakthrough Cloud Computing Accounting Service
• Built on Force.com platform, new 'Corefino 2go' gives mid-market CFOs strategic alternative to 'Big 3' ERP on-premise software and staffing. (Sat, 04 Jul 2009 07:01:00 GMT)

CODA and Corefino Partner on Breakthrough Cloud Computing Accounting Service
• Built on Force.com platform, new 'Corefino 2go' gives mid-market CFOs strategic alternative to 'Big 3' ERP on-premise software and staffing. (PRWeb Jul 4, 2009) Read the full story at http://www.prweb.com/releases/20 (Sat, 04 Jul 2009 07:10:36 GMT)

Software Review: Nonprofit accounting software - no universal approach
The general consensus in the industry is that accounting software is accounting software. While there are different bells and whistles, the underlying processes are the same whether the entity is a professional practice or a retail store. (Sat, 04 Jul 2009 15:36:14 GMT)

Fee accounting stinks...but will it matter?
The homebuilders have a point. The city of Bakersfield screwed up -- maybe even broke state law -- by failing to write reports every year for its traffic impact fee program. (Sat, 04 Jul 2009 19:15:50 GMT)

People & achievements
ACCOUNTING Erin C. Boyce of Kirkland, Thomas, Watson & Dyches has become a certified public accountant. Boyce provides accounting services and employee benefit plans to nonprofits, manufacturers and distributors. (Sun, 05 Jul 2009 04:04:59 GMT)

ON THE MOVE: USA Payroll promotes Greece woman
A Greece woman has been promoted to accounting and new client support specialist at USA Payroll . (Sun, 05 Jul 2009 07:09:36 GMT)

TIM should not interfere in counting — Locsin
House Suffrage and Electoral Reforms Committee Chairman Teodoro Locsin Jr., said that Total Information Management, Corp. (TIM) should keep distance from automated poll accounting come the 2010 general election, even as it retains its partnership with the Barbados-based Smartmatic International for the automation of the country’s election. (Sun, 05 Jul 2009 10:07:51 GMT)

East Hanover's Peter Motsch wins scholarship
EAST HANOVERTWP. â Peter Motsch, a resident of East Hanover and a student at Montclair State University, was awarded a $4,500 accounting scholarship June 24 from the New Jersey Society of Certified Public Accountants (NJSCPA) in the name of Rothstein, Kass & Company, P.C. (Sun, 05 Jul 2009 15:11:29 GMT)

Struggling Image Entertainment Receives More Bad News
The accounting firm for Image Entertainment Inc. has raised doubts that the home entertainment programming distributor can continue in business due to debt and lack of money for its operations. (Sun, 05 Jul 2009 15:17:22 GMT)

MCTC to help small business owners with Basic Accounting with QuickBooks workshop
BASIC ACCOUNTING WITH QUICKBOOKS: The West Virginia Small Business Development Center at Marshall Community and Technical College will offer a Basic Accounting with QuickBooks workshop from 8:30 a.m. to 4:30 p.m. Tuesday, July 7, at 348 15th St., Huntington. (Mon, 06 Jul 2009 04:27:33 GMT)

Trintech to Present at 9th Annual IQPC Finance & Accounting Shared Services Conference in Chicago
Trintech Group Plc , a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, is proud to announce its participation in the upcoming IQPC Shared Services for Finance & Accounting conference, being held July 20 - 22 in Chicago, IL. (Mon, 06 Jul 2009 05:00:00 GMT)

Trintech to Present at 9th Annual IQPC Finance & Accounting Shared Services Conference in Chicago
DALLAS, July 6 /PRNewswire-FirstCall/ -- Trintech Group Plc (Nasdaq: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, is proud to announce its participation in the upcoming IQPC Shared Services for Finance & Accounting conference, being held July 20 - 22 in ... (Mon, 06 Jul 2009 06:19:48 GMT)

Accounting firms retrench as skittish clients cut back
Accounting firms are feeling the pain as their clients look to trim costs during the recession. (Mon, 06 Jul 2009 06:35:05 GMT)

Sacramento accounting firm takes more space in San Francisco
Perry-Smith LLP will more than triple its San Francisco operations, growing from 4,300 square feet to a 13,000-square-foot office this week. (Mon, 06 Jul 2009 06:35:35 GMT)

Accounting rules squeeze HK company profits, says Deloitte
Hong Kong's biggest companies' profits plunged despite a surge in revenue last year, and a Deloitte report is pointing the finger at mark to market accounting rules. (Mon, 06 Jul 2009 08:26:00 GMT)

Making SaaS Easy Corporation Acquires IAC-EZ: A Simple and Affordable Online Accounting Application
Making SaaS Easy Corporation has acquired IAC-EZ, the groundbreaking online accounting application for entrepreneurs, sole proprietors, freelancers and micro-businesses. The announcement was made this morning by Scott Myers, CEO of Making SaaS Easy Corporation. (Mon, 06 Jul 2009 12:35:00 GMT)

Report: Doyle not properly accounting for travel expenses, not providing receipts
The report found Doyle and his staff did not supply travel receipts nearly 75 percent of the time in 2007 and 2008, including Doyles $5,200 business-class flight to Ireland, a $654-a-night stay in a London hotel and more than $1,500 on two chauffeured vehicles in Canada. (Mon, 06 Jul 2009 13:21:38 GMT)

Euro accounting rules could help UK
Your editorial (3 July) on the government's U-turns misses one that it has not yet made, and which would actually help it get out of its current difficulties. The national rail network and council housing have both been the subject of renewed government attention this week, and investment in them is held back by a shared obstacle: the extra borrowing would add to public sector debt. Yet ... (Mon, 06 Jul 2009 13:43:53 GMT)

Report: Doyle not properly accounting for travel
MADISON Gov. Jim Doyles travel records show the governor and his staff failed to properly account for 145 travel expenses over two years, according to a newspaper report published Sunday. (Mon, 06 Jul 2009 14:54:24 GMT)

Germany, France seek looser accounting rules
German and French finance ministers are calling for looser accounting rules that would allow European banks to follow American rivals and avoid reporting heavy losses on troubled assets they cannot sell. (Mon, 06 Jul 2009 17:21:38 GMT)

Accounting society selects BYU director
Kevin Stock, director of the Brigham Young University School of Accountancy, has been selected as president-elect of the American Accounting Association. (Tue, 07 Jul 2009 04:04:30 GMT)

Accounting for sustainability earns global accountancy backing
Rachael Singh, Accountancy Age , Tuesday 7 July 2009 at 09:06:00 Global accountancy institutes join forces to bring sustainability to the forefront of reporting principles Prince Charles' Accounting for Sustainability Forum has announced that 16 accountancy bodies across the world have agreed on a set of five sustainability principles. This is the first time that a global group of accountancy ... (Tue, 07 Jul 2009 08:22:28 GMT)

Germany To Amend Law On Banks' Accounting - Report
FRANKFURT (Dow Jones)--The German government is set to offer the country's banks massive relief with an amendment to the law governing their accounting principles, newspaper Financial Times Deutschland reported Tuesday. (Tue, 07 Jul 2009 08:29:53 GMT)

Steinbrueck, Lagarde Want ‘Urgent’ EU Accounting-Rule Revamp
July 7 (Bloomberg) -- French Finance Minister Christine Lagarde and her German counterpart Peer Steinbrueck want the European Union to ensure that accounting rules are changed before companies publish their 2009 accounts. (Tue, 07 Jul 2009 11:11:09 GMT)

The Big Four of Accounting Will Be Among the Big Winners if U.S. Adopts Climate Law
NEW YORK -- Having helped companies explore the labyrinth of greenhouse gas regulation in Europe, the Big Four auditing and a... (Tue, 07 Jul 2009 12:12:40 GMT)

Minister For Health & Children Publishes Report On Certain Accounting Issues Related To The Health Service Executive, ...
The Minister for Health & Children published the Report of the Working Group on certain accounting issues related to the Health Service Executive. The Working Group was chaired by Mr Tom Considine, former Secretary General of the Department of Finance, and included representatives from the Department of Health & Children, the Department of Finance and the HSE. (Tue, 07 Jul 2009 12:17:18 GMT)

Report: GSU did not fix accounting issues
The state Legislative Auditor's office has issued a report on Grambling State University that finds the school has failed to correct lingering accounting problems. (Tue, 07 Jul 2009 13:52:45 GMT)

Report: GSU did not fix accounting issues
A report on Grambling State University that finds the school has failed to correct lingering accounting problems (Tue, 07 Jul 2009 15:02:45 GMT)

Accounting Today Calls for Nominations
Accounting Today is issuing a call for nominations for its annual Top 100 Most Influential People in Accounting list. (Tue, 07 Jul 2009 19:36:18 GMT)

Universal Accounting® Tax Tip: Save on 2009 Taxes by Meeting with Tax Preparer Now to Ensure Proper Control of Your ...
Mid-Year Meeting Allows for Lifestyle & Law Changes & Leads to Tax Savings. Universal Accounting®, the nation's largest training center for accounting and tax preparation with its Profit Expert™ Programs, recommends individuals and small businesses meet semi-annually with a tax preparer to adjust for lifestyle and tax law changes, ensuring maximum 2009 tax savings. (Tue, 07 Jul 2009 22:15:00 GMT)

Universal Accounting® Tax Tip: Save on 2009 Taxes by Meeting with Tax Preparer Now to Ensure Proper Control of Your ...
Mid-Year Meeting Allows for Lifestyle & Law Changes & Leads to Tax Savings. Universal Accounting®, the nation's largest training center for accounting and tax preparation with its Profit Expert™ Programs, recommends individuals and small businesses meet semi-annually with a tax preparer to adjust for lifestyle and tax law changes, ensuring maximum 2009 tax savings. (PRWeb Jul 8, 2009) Read the ... (Tue, 07 Jul 2009 22:29:45 GMT)

Research and Markets: The 2009 Report on Accounting Services: World Market Segmentation by City
DUBLIN----Research and Markets has announced the addition of the "The 2009 Report on Accounting Services: World Market Segmentation by City" report to their offering. (Wed, 08 Jul 2009 09:15:00 GMT)

eDOORWAYS Names Senior Financial & Accounting Specialist
In Preparation for the Launch and Completing Its Filing, eDOORWAYS Finds Gold With 30yr. Accounting and Re-Org. Specialist (Wed, 08 Jul 2009 10:39:39 GMT)

Accounting firm joins alliance
Buffalo accounting firm Lumsden & McCormick LLP has joined a national alliance of independent accounting firms, enabling it to expand its services and reach. (Wed, 08 Jul 2009 10:55:22 GMT)

Vaco Raleigh, LLC Releases Podcast On Financial And Accounting Division
RALEIGH, N.C. – Vaco Raleigh, LLC ( www.vaco.com ), an executive placement and consulting firm specializing in contract, special project and direct hire services in the fields of accounting and finance, information technology, eLearning and design, operations and executive search, has announced the release of a podcast with David R. Rhode, managing partner at the firm, discussing Vaco Resources. (Wed, 08 Jul 2009 14:33:55 GMT)

Water Department accounting woes continue
GREENVILLE — The City Council requested Tuesday that the Water Department’s director and the city’s financial consultant work out an accounting problem that has left 50 percent of the year’s public reports for water, sewage, and garbage revenue undisclosed. (Wed, 08 Jul 2009 19:28:55 GMT)

Capital improvement panel seeks impact fee accounting
Members of a 17-member advisory committee working on the Pahrump Regional Planning District Capital Improvements Plan, meeting for the first time last week since October 2005, want Nye County Treasurer Gary Budahl to appear at their next meeting to provide an accounting of impact fees. (Wed, 08 Jul 2009 22:15:56 GMT)

Grantham University Introduces Bachelor of Science Degree in Accounting
Grantham University (www.grantham.edu), an online university serving working adult students around the world, announced today that it has added a Bachelor of Science in Accounting to its current degree offerings. (Thu, 09 Jul 2009 07:01:00 GMT)

IASB releases accounting standard for SMEs
Mario Christodoulou, Accountancy Age , Thursday 9 July 2009 at 09:10:00 Standards could affect 95% of world's businesses The long awaited accounting standards for small and medium sized businesses (SMEs) have been released with the potential to change the way 95% of companies across the globe conduct business. The five-year project by the International Accounting Standard Board (IASB) aims to ... (Thu, 09 Jul 2009 08:22:28 GMT)

Miami Beach owes public a full accounting on police shootings
The two fatal shootings by Miami Beach police in four days are unusual in the tourism-driven city -- and for South Florida cities in general. Nevertheless, investigators should not waste a moment to get to the truth. (Thu, 09 Jul 2009 10:56:08 GMT)

HS Accounting Teacher Recognized as Outstanding
A Highland, Utah high school accounting teacher has been named a Rising Star by the Utah CPA Foundation for doing an outstanding job teaching accounting principals in her classroom. (Thu, 09 Jul 2009 14:06:14 GMT)

My dare to our leaders: Where is YOUR accounting?
Prof. Winnie Monsod, fondly called Mareng Winnie, stars in a catchy television ad. She starts with the line “Nakakainis talaga pagka-bitin, ano?” No one, she says, likes to be shortchanged. (Thu, 09 Jul 2009 14:40:15 GMT)

International Accounting Standards Issued for SMBs
The International Accounting Standards Board has published a stripped-down set of International Financial Reporting Standards aimed at small and midsized privately held businesses. (Thu, 09 Jul 2009 19:06:14 GMT)

MOORE STEPHENS URGES LEASE ACCOUNTING ACTION
Accountant and shipping cosultancy firm Moore Stephens has urged the shipping industry to respond to an International Accounting Standards Board paper on the accounting treatment of leased assets, including time and bareboat charters, as the deadline for replies approaches. (Thu, 09 Jul 2009 19:47:41 GMT)

New global accounting standard will benefit many
Compliance relief could be at hand for small and medium-sized entities in New Zealand if they were allowed to take immediate advantage of a new standard that has just been published by the International Accounting Standards Board (IASB) says accounting ... (Fri, 10 Jul 2009 04:21:44 GMT)

Universal Accounting® Achieves Record Revenue, Net Income & Number Of New Students In Company's 30-Year History
Success Attributed to Principles in Allen Bostrom's Book In the Black (PRWeb Jul 10, 2009) Read the full story at http://www.prweb.com/releases/20 (Fri, 10 Jul 2009 07:37:14 GMT)

New provincial rule for the accounting industry has newcomers crying foul
Any place that relies on immigrants for its lifeblood has to perform a great, high wire balancing act. (Fri, 10 Jul 2009 08:29:38 GMT)

Accounting Specialist
The Accounting Specialist is responsible for keeping an up to date billing system and checking on monthly receivables activity while making sure that the billing, collection, and reporting activities are carried out per specified dates. (Fri, 10 Jul 2009 19:45:24 GMT)

Universal Accounting Sees Revenue Growth
Accountant training materials provider Universal Accounting reported growth in revenue this year. (Fri, 10 Jul 2009 20:30:52 GMT)

Local accounting firm suggests investment safeguards
A Phoenix accounting firm has put out a list of safeguards investors and business owners can use to help avoid investment scams, including ponzi schemes such as those perpetrated by Bernard Madoff. (Fri, 10 Jul 2009 22:14:59 GMT)

Hydrogenics Received Going Concern Qualification From Independent Accounting Firm
MISSISSAUGA, ONTARIO--(Marketwire - July 10, 2009) - Hydrogenics Corporation (TSX:HYG)(NASDAQ:HYGS), a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced that its consolidated financial statements for the fiscal year ended December 31, 2008, dated March 24, 2009 filed on Form 6-K on March 26, 2009 and subsequently included in the Company's Annual ... (Sat, 11 Jul 2009 00:15:13 GMT)

Accounting error led to bad checks to health care providers
SPRINGFIELD – State officials say an accounting error was responsible for the worthless checks health care providers were sent recently as their payments for caring for state employees and their dependents. The checks began bouncing last month, and health care providers were asked to wait until the first week of July to try cashing them again. (Sat, 11 Jul 2009 12:10:59 GMT)

More than number crunchers; Dixon Hughes accounting adds interns amid downturn
CHARLESTON, W.Va. -- The Dixon Hughes accounting firm bucked a national trend this summer when it expanded its internship program amid the economic downturn. Across the nation, employe... (Sun, 12 Jul 2009 03:48:17 GMT)

Expert: New accounting standard ideal for Qatar
Expert: New accounting standard ideal for Qatar (Sun, 12 Jul 2009 05:44:01 GMT)

New accounting standard ideal for Qatar: Expert
12 July 2009 DOHA: The new International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) is ideal for Qatar, said an international expert. (Sun, 12 Jul 2009 07:22:27 GMT)

Ill. officials: Accounting error caused bad checks
SPRINGFIELD -- Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers.   Illinois Department of Healthcare and Family Services spokeswoman Annie Thompson says the checks that began bouncing last month are unrelated to the state budget crisis. The checks were issued by St. Louis-based HealthLink. The health care network pays out ... (Sun, 12 Jul 2009 12:54:17 GMT)

State officials blame accounting error for bounced checks
SPRINGFIELD -- Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. (Sun, 12 Jul 2009 13:36:39 GMT)

Illinois officials: accounting error caused bad checks
Illinois officials: accounting error caused bad checks (Sun, 12 Jul 2009 15:05:21 GMT)

Small companies face accounting overhaul
Sweeping accounting changes could be forced on small companies and even sizeable subsidiaries of larger ones under proposals to be discussed this week. (Mon, 13 Jul 2009 03:02:21 GMT)

Illinois officials: accounting error caused bad checks
SPRINGFIELD, Ill. (AP) -- Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. (Mon, 13 Jul 2009 07:31:57 GMT)

State officials: accounting error caused bad checks
SPRINGFIELD - Illinois officials say an accounting error caused worthless checks to be sent to several state health care providers. Illinois Department of Healthcare and Family Services spokeswoman Annie Thompson says the checks that began bouncing last month are unrelated to the state budget crisis. The checks were issued by St. Louis-based HealthLink. The health care network pays out ... (Mon, 13 Jul 2009 09:07:01 GMT)

A daunting task: accounting for 100,000 Burr Oak gravesites - PHOTOS
Sheriff's department now to take only phone calls and e-mails. GET INFO - PHOTO GALLERY (Mon, 13 Jul 2009 12:32:17 GMT)

/C O R R E C T I O N -- BNA Tax & Accounting/
In today's economic environment many companies are considering and obtaining debt restructuring from creditors. For an S corporation and their shareholders, there are several significant tax provisions which could impact the results of a debt discharge or debt modification. (Mon, 13 Jul 2009 13:27:00 GMT)

Survey: Perceptions of Fair Value Accounting Hit Hard by Financial Crisis
MILWAUKEE----VRC , a leading provider of valuations and value-related advisory services, recently completed a survey of financial professionals' views on Fair Value Accounting , also known as mark-to-market accounting. (Mon, 13 Jul 2009 14:45:00 GMT)

Illinois: Accounting error caused bounced checks
Illinois officials said an accounting error caused worthless checks to be sent to several Illinois hospitals and physicians. (Mon, 13 Jul 2009 19:53:33 GMT)

Can Corporate Sponsorships Save Endangered College Classes?
Could the future of American education be Introduction to Nutrition, Sponsored by McDonald's or PricewaterhouseCoopers' Financial Accounting 101? (Tue, 14 Jul 2009 08:02:44 GMT)

NFL’s Giants Seek Ernst & Young’s $1.5 Million N.J. Tax Credit
July 14 (Bloomberg) -- The New York Giants football team, whose home field is in East Rutherford, N.J., seeks to benefit from a $1.5 million tax break New Jersey approved four years ago to retain jobs of the accounting firm Ernst & Young. (Tue, 14 Jul 2009 11:02:01 GMT)

Triple Point Announces Integrated Platform for Foreign Exchange, Interest Rate and Commodity Hedge Accounting and Fair ...
Only Software Solution to Manage Commodities, Foreign Exchange and Interest Rates on Common Platform (Tue, 14 Jul 2009 13:16:14 GMT)

CompuVision Chooses Ecessa to Ensure WAN Reliability and Performance for Accounting Firm
PLYMOUTH, Minn.----Ecessa, a leader in affordable WAN link controllers for small-to-medium sized enterprises , today announced that C&D LLP, a California-based accounting firm, has deployed Ecessa's PowerLink WAN link controllers to manage its growing WAN infrastructure demands. (Tue, 14 Jul 2009 13:35:00 GMT)

Narragansett Bay Names Colangelo as Accounting Exec
Rhode Island-based Narragansett Bay Insurance Co. has named Laura L. Colangelo as director of accounting. Colangelo brings broad experience in all aspects of accounting and internal and ... (Tue, 14 Jul 2009 15:19:39 GMT)

Brazil Utilities Drop on Accounting Rule Speculation (Update1)
July 14 (Bloomberg) -- Brazilian utility stocks fell to the lowest in three weeks after Valor Economico reported regulators plan to adopt accounting rules that may reduce the value of assets at companies that get government concessions. (Tue, 14 Jul 2009 22:37:37 GMT)

Hearing set for LOTR accounting dispute
New Zealand film-maker Peter Jackson may have more in common with JRR Tolkien's heirs than he thought - they are also complaining about big studio accounting methods. Tolkien's family and a British charity they head, the Tolkien... (Wed, 15 Jul 2009 09:06:32 GMT)

South Africa: SMEs Likely to Benefit From a Change in International Accounting Standards
Johannesburg — A NEW set of accounting standards for small and medium-sized enterprises (SMEs) has finally been released by the International Accounting Standards Board, providing relief from the current onerous financial reporting framework. (Wed, 15 Jul 2009 09:17:10 GMT)

Hearing set for LOTR accounting dispute
New Zealand film-maker Peter Jackson may have more in common with JRR Tolkien's heirs than he thought - they are also complaining about big studio accounting methods. (Wed, 15 Jul 2009 10:11:27 GMT)

eDOORWAYS Senior Financial & Accounting Specialist Sets Time Horizons for Filings
AUSTIN, TX--(Marketwire - July 15, 2009) - eDOORWAYS Corporation ( PINKSHEETS : EDWY ) and Mr. Dan Bensimon, the company's Senior Financial & Accounting Specialist, make the following statement. Dan Bensimon has taken considerable time acclimating himself with the company's policies, procedures and accounting activity. He has assessed the financials of eDOORWAYS and engaged in meaningful ... (Wed, 15 Jul 2009 13:25:00 GMT)

EU: banks using looser accounting rules
European banks are increasingly using looser accounting rules to report a higher value in their 2008 accounts for complex investments that depreciated during the financial crisis, EU market supervisors said Wednesday. (Wed, 15 Jul 2009 13:37:08 GMT)

Accounting Standards Oversight Council announces Chair - Tricia O'Malley to lead Canadian standard-setters
The Accounting Standards Oversight Council announced that Tricia O'Malley has been appointed as Chair of the Accounting Standards Board , succeeding Paul Cherry. The AcSB establishes financial reporting standards that contribute to enhanced decision making by improving the quality of financial information about organizational performance reported by Canadian entities. (Wed, 15 Jul 2009 14:00:00 GMT)

Grant Thornton LLP CEO Ed Nusbaum to Moderate AAA Panel on Financial Markets Regulatory Reform from an Accounting ...
----The American Accounting Association is hosting its 2009 Annual Meeting in New York City this year. AAA promotes worldwide excellence in accounting education, research and practice. (Wed, 15 Jul 2009 14:37:00 GMT)

New chair to lead Canadian accounting standard-setters
Tricia O’Malley has been appointed as chair of the Accounting Standards Board (AcSB), succeeding Paul Cherry, the Accounting Standards Oversight Council (AcSOC) said Wednesday. (Wed, 15 Jul 2009 19:47:04 GMT)

eDOORWAYS Senior Financial & Accounting Specialist Sets Time Horizons for Filings
AUSTIN - eDOORWAYS Corporation and Mr. Dan Bensimon, the company's Senior Financial & Accounting Specialist, make the following statement. Dan Bensimon has taken considerable time acclimating himself with the company's policies, procedures and accounting activity. (Thu, 16 Jul 2009 02:10:01 GMT)

South Africa: Accounting Body to Tackle Skills Deficit
Johannesburg — THE accounting profession is preparing a new benchmark for improving financial management in the public sector and for tackling the skills shortage in SA. (Thu, 16 Jul 2009 07:30:59 GMT)

Boca Raton: FAU School of Accounting gets $8,500 for programs,
Florida Atlantic University's School of Accounting, a department within the Barry Kaye College of Business, recently received an $8,500 gift from Grant Thornton LLP, an international public accounting firm to help support students in the School of Accounting by providing funding for scholarships and professional development. ``We are proud of the relationship between Grant Thornton and Florida ... (Thu, 16 Jul 2009 08:07:11 GMT)

Pension accounting changes considered
Heavy losses are tempting public pension systems nationwide to tinker with accounting methods so that local governments won't have to make up for investment declines as tax revenues fall. Adjustments could mean short-term savings of tens of millions of dollars for large cities such as San Diego but result in a significant increase in future pension payments. (Thu, 16 Jul 2009 09:18:04 GMT)

Brunswick to purchase new accounting system for city hall
City residents may soon be afforded the opportunity to pay trash bills and file city income taxes online now that the city is looking to purchase a new accounting system designed to streamline operations in the city's finance department. Unfortunately,... (Thu, 16 Jul 2009 12:40:22 GMT)

Accounting chamber: At most Hr 29 billion required to increase minimum wage
Ukrainian Accounting Chamber Head Valentyn Symonenko has said that UAH 29 billion should be allocated from the state budget to increase the minimum wage in Ukraine. (Thu, 16 Jul 2009 13:31:12 GMT)

John R. Robinson Named Division of Corporation Finance Academic Accounting Fellow
Washington, D.C., July 16, 2009 — The Securities and Exchange Commission's Division of Corporation Finance today announced the selection of John R. Robinson as the Academic Accounting Fellow for a one-year term beginning next month. (Thu, 16 Jul 2009 14:42:38 GMT)

Accounting chamber fears growth of hyperinflation in Ukraine
The Accounting Chamber of Ukraine (ACU) has warned of the threat of hyperinflation in the country. ACU Chairman Valentyn Symonenko made the comment at a press conference at the Interfax-Ukraine news agency on Thursday. (Thu, 16 Jul 2009 15:00:42 GMT)

eDOORWAYS Senior Financial & Accounting Specialist Sets Time Horizons for Filings
AUSTIN - eDOORWAYS Corporation and Mr. Dan Bensimon, the company's Senior Financial & Accounting Specialist, make the following statement. Dan Bensimon has taken considerable time acclimating himself with the company's policies, procedures and accounting activity. (Thu, 16 Jul 2009 17:42:22 GMT)

Flashpoint Marketing Launches New Accounting Marketing Blog - www.accountingmarketingblog.com
This new blog which focuses on issues relevant to accounting marketing, lead generation and web 2.0 including search engine marketing, serves as an information and discussion forum for accounting marketing professionals. (PRWeb Jul 16, 2009) Read the full story at http://www.prweb.com/releases/ac (Thu, 16 Jul 2009 20:20:44 GMT)

FRC CEO ARGUES AGAINST CHANGING FUNDAMENTAL PURPOSE OF ACCOUNTING
Paul Boyle, Chief Executive, argued in a speech to the UK FRC's Annual Open Meeting against proposals to use accounting as a public policy tool to reduce pro-cyclicality and challenged the proposition that accounting measures that show volatility should be adjusted to create an impression of stability.... (Thu, 16 Jul 2009 20:23:27 GMT)

IASB PROPOSES IMPROVEMENTS TO FINANCIAL INSTRUMENT ACCOUNTING
The International Accounting Standards Board (IASB) has published for public comment an exposure draft of proposals to improve financial instrument accounting. (Thu, 16 Jul 2009 20:23:47 GMT)

Montreal accounting firm eyes Ottawa expansion with local merger
Ottawa-based accounting company Cogan & Associates is combining its operations with Montreal-headquartered Bessner Gallay Kreisman, in what the latter calls "a merger of equals." (Thu, 16 Jul 2009 21:01:11 GMT)

Major International Software Vendor Launches Cloud Accounting Service to Australian Market
• Launch comes as survey reveals 63% of Australian business owners admit they need better control over cashflow • Survey shows Australian businesses are time poor, struggle with debtors and don't have full control of business • CODA 2go provides cloud computing accounting application to businesses of all sizes • First full accounting solution build 100% natively on Salesforce's Force.com platform (Fri, 17 Jul 2009 07:01:00 GMT)

'Big accounting firms should take onus for fraud'
Asserting that big accounting firms should take the responsibility for accounting frauds rather than passing the blame on individuals, the government today said it may change the law relating to accountability of these firms, if the need arises. (Fri, 17 Jul 2009 08:48:26 GMT)

Accounting rules not 'public policy tool': Boyle
Mario Christodoulou, Accountancy Age , Friday 17 July 2009 at 09:57:00 FRC chief executive warns against manipulating accounting standards Financial Reporting Council chief executive Paul Boyle has delivered a stinging attack on attempts to manipulate accounting to promote financial stability in the wake of the global financial crisis. Boyle used his annual meeting address to warn that ... (Fri, 17 Jul 2009 09:12:43 GMT)

Pansoft to Develop Centralized Financial and Accounting System for Sinopec
JINAN, China----Pansoft Company Limited is pleased to announce that the company will develop a centralized financial and accounting solution for Sinopec , one of the largest oil and gas companies in the world. (Fri, 17 Jul 2009 12:30:00 GMT)

Sinopec Taps Pansoft's Centralized Financial and Accounting Solution
Pansoft Company Ltd. Pansoft will develop a centralized financial and accounting solution for Sinopec, one of the largest oil and gas companies in the world. Sinopec is ranked 9th of the Fortune 500 with thousands of subsidiaries worldwide. (Fri, 17 Jul 2009 16:30:46 GMT)

Accounting Firm Greer & Walker Participates in 24 Hours of Booty Fundraiser
Charlotte, N.C. (July 20, 2009)-- Jim Reichard, CPA and partner at Greer & Walker, LLP, Charlotte’s largest locally-owned accounting firm, announced the debut of the Greer & Walker 25 cycling team for participation in the 2009 24-Hours of Booty fundraising event on July 24-25 for cancer causes. (Fri, 17 Jul 2009 17:25:01 GMT)

Accounting Firm Greer & Walker Participates in 24 Hours of Booty Fundraiser
Charlotte, N.C. (July 20, 2009)-- Jim Reichard, CPA and partner at Greer & Walker, LLP, Charlotte’s largest locally-owned accounting firm, announced the debut of the Greer & Walker 25 cycling team for participation in the 2009 24-Hours of Booty fundraising event on July 24-25 for cancer causes. (Fri, 17 Jul 2009 17:55:01 GMT)

Accounting exec receives honor
Tom Hazelbaker, Certified Public Accountant and Chairman of Clark Schaefer Hackett, has been awarded the Ohio Society of CPA’s 2009 Gold Medal for Meritorious Service to the Accounting Profession. Hazelbaker has nearly 30 years of experience with Clark Schaefer Hackett and has served in many roles including President and Executive Vice President. (Fri, 17 Jul 2009 18:34:17 GMT)

City workers feeling strain of arena accounting
WENATCHEE — City workers who took over the accounting duties at Town Toyota Center in June are feeling the strain of nearly working two full-time jobs; but what to do about it and who should pay for it are still under debate. (Fri, 17 Jul 2009 22:10:14 GMT)

Pension officials defend accounting study
San Diego pension officials Friday defended their decision to study accounting changes that could shave $50 million off of the city's estimated $225 million payment into the retirement fund next year. Several critics, including City Councilman Carl DeMaio, lashed out at the board for broaching the subject of loosening formulas for funding future pension obligations. (Sat, 18 Jul 2009 00:08:38 GMT)

Other Stories: Caloocan City sets two-day job fair
OVER 5,000 jobs in accounting, retail and information technology will be made available to applicants in a two-day job fair to be held in Caloocan City this week. (Sun, 19 Jul 2009 15:12:45 GMT)

Hawaii job market remains strong for accounting grads
Job prospects for new graduates with accounting degrees remain solid in Hawaii despite the recession. (Mon, 20 Jul 2009 04:33:06 GMT)

Surge in fraud, recession thrust forensic accounting into spotlight
They are equal parts number-crunchers and detectives. Their clients might be corporate boards, suspicious spouses or government agencies. In each case, they follow the money, looking for people trying to get away with something. (Mon, 20 Jul 2009 04:33:27 GMT)

Accounting firm takes nontraditional approach
Jud Cannon, the 48-year-old CEO at Cannon Wright Blount, designed his firm's current office near Poplar and I-240 with a trendy color palette and modern architectural features. The design is meant to buck the stereotype of accountants working in dark, cluttered offices amid stacks of file folders. (Mon, 20 Jul 2009 05:10:05 GMT)

Alabama Insurance Agency Fined for Employees' Sales of Bogus Policies
A Gulf Shores insurance agency must pay a $36,000 fine and adopt multiple accounting controls within 18 months after selling bogus homeowners policies to at least 118 customers. A government ... (Mon, 20 Jul 2009 12:19:19 GMT)

Discover Financial Services Names Chief Accounting Officer
RIVERWOODS, Ill.----Discover Financial Services today announced that Mark A. Zaeske has been named senior vice president, finance, and chief accounting officer. Zaeske will oversee Discover's accounting, external reporting, management reporting, corporate tax, and corporate procurement and payment services. (Mon, 20 Jul 2009 12:45:00 GMT)

(AFX UK Focus) 2009-07-20 13:33 Germany to retroactively alter bank accounting rule
BERLIN, July 20 (Reuters) - Germany plans to change an accounting rule for banks that ties up their capital in order to free up liquidity for lending, the government said on Monday. With retroactive effect from June 30, 2009, the so-called revaluation reserve (Neubewertungsruecklage) will no longer be factored into banks' equity capital, government spokesman Ulrich Wilhelm told a regular news ... (Mon, 20 Jul 2009 13:05:47 GMT)

Discover appoints Mark Zaeske chief accounting officer
Discover Financial Services today announced that Mark A. Zaeske has been named senior vice president, finance, and chief accounting officer. (Mon, 20 Jul 2009 13:36:01 GMT)

Result highlights flaws in accounting rules
Listed investor Djerriwarrh had a solid year, but not according to International Accounting Standard rules. (Mon, 20 Jul 2009 14:05:43 GMT)

SunGard Named a Leading Provider in Celent's Insurance Software Deal Trends Report
About SunGard's iWorksSunGard iWorks is a business-driven IT product suite for the insurance industry in each of the following major business lines: life/health/annuities/pensions, property and casualty and reinsurance. iWorks offers a range of products and services including front-office tools, policy administration, reinsurance, actuarial calculations, financial accounting, investment ... (Mon, 20 Jul 2009 14:21:46 GMT)

EU: Banks Using Looser Accounting Rules
July 15, 2009 (Associated Press) BRUSSELS - European banks are increasingly using looser accounting rules to report a higher value in their 2008 accounts for complex investments that depreciated during the financial crisis, EU market supervisors said Wednesday. (Mon, 20 Jul 2009 18:13:07 GMT)

Oklahoma Schools Recognized For Accounting Efforts
Four Oklahoma school districts have been recognized for excellence in accounting.  (Mon, 20 Jul 2009 19:55:05 GMT)

Flaws in accounting rules
The international accounting brains trust scored another victory over common sense yesterday when Djerriwarrh Investments booked a post-tax loss of almost $50 million on so-called impaired investments in some of Australia's top companies, pushing its formal result into the red. (Mon, 20 Jul 2009 20:32:04 GMT)

OneBiz Adds Accounting, HR Tools on One Site
onebiz incorporates accounting, HR tools, e-mail, and scheduling within one interface. (Mon, 20 Jul 2009 21:23:45 GMT)

Petters Fails to Keep Accounting Records from Prosecution
A judge denied a motion from Tom Petters' attorneys Monday to prevent a court-appointed receiver from sharing accounting information with the prosecution. (Mon, 20 Jul 2009 21:42:13 GMT)

Petters Fails to Keep Accounting Records from Prosecution
A judge denied a motion from Tom Petters' attorneys to prevent a court-appointed receiver from sharing accounting information with the prosecution... (Mon, 20 Jul 2009 22:07:26 GMT)

Result highlights flaws in accounting rules
Listed investor Djerriwarrh had a solid year, but not according to International Accounting Standard rules. (Mon, 20 Jul 2009 22:49:05 GMT)

ACCOUNTING STANDARDS FORM BASIS OF PUBLIC CONFIDENCE
KUALA LUMPUR, July 21 (Bernama) -- Accounting standards now form the basis for public confidence in the integrity of markets and companies that issue debt or securities. (Tue, 21 Jul 2009 09:58:46 GMT)

School board to sue WVa over accounting rule
FAIRMONT, W.Va. (AP) -- Another county school board plans to sue the state over a new and growing liability on its books.The Marion County Board of Education unanimously voted Monday to join an expected lawsuit over accounting rules governing non-pension r... (Tue, 21 Jul 2009 12:31:52 GMT)

Advantage Systems’ Accounting for Mortgage Bankers (AMB) Increases Revenue by 41 Percent in First Half of 2009
IRVINE, Calif.----Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced that revenue for its Accounting for Mortgage Bankers system has increased by 41 percent in the first and second quarters of 2009 over the pervious period in 2008. (Tue, 21 Jul 2009 13:01:00 GMT)

Advantage Systems' Accounting for Mortgage Bankers (AMB) Increases Revenue by 41 Percent in First Half of 2009
IRVINE, Calif.----Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced that revenue for its Accounting for Mortgage Bankers system has increased by 41 percent in the first and second quarters of 2009 over the pervious period in 2008. (Tue, 21 Jul 2009 13:01:00 GMT)

Quasar Aerospace Industries, Inc. Announces Their Choice for an Accounting Firm
JACKSONVILLE, FL--(Marketwire - July 21, 2009) - Quasar Aerospace Industries, Inc. ( PINKSHEETS : QASP ) (formerly) Equus Resources, Inc. (EQUR) is pleased to announce the retention of an accounting firm to oversee our accounting practices, securities agency compliance, tax planning, acquisitions accounting, and the consolidation of our financial reporting. The firm is The Griggs Group in Ponte ... (Tue, 21 Jul 2009 16:22:32 GMT)

School board to sue over accounting rule
FAIRMONT, W.Va. -- Another county school board plans to sue the state over a new and growing liability on its books. The Marion County Board of Education unanimously voted Monday to join an expected lawsuit over accounting rules governing non-pension ... (Tue, 21 Jul 2009 18:32:55 GMT)

Accounting standards form basis of public confidence
Kuala Lumpur: Accounting standards now form the basis for public confidence in the integrity of markets and companies that issue debt or securities. (Wed, 22 Jul 2009 05:58:04 GMT)

Morgan Stanley Reports Accounting-Related Loss
Morgan Stanley reported a wider-than-expected loss in the second quarter, due to an accounting oddity where improvement in its credit quality hurt its results. (Wed, 22 Jul 2009 12:51:23 GMT)

Mergis Group Accounting and Finance Worker Confidence Rebounds in Second Quarter
The Accounting and Finance Employee Confidence Index, a measure of overall confidence among U.S. accounting and finance workers, jumped 5.7 points to 48.0 in the second quarter of 2009, according to a recent survey commissioned by The Mergis Group, the professional placement division of Spherion Corporation. (Wed, 22 Jul 2009 14:00:00 GMT)

West 7th project lands accounting firm
Accounting firm Weaver and Tidwell has leased 36,000 square feet on the top two floors of the office component of the West 7th development in Fort Worth, and plans to move in November. (Wed, 22 Jul 2009 22:13:34 GMT)

Arts Council facing big aid cut after state panel faults its accounting
State aid to the Arts Council in Buffalo and Erie County will be sharply cut because of concerns about shoddy accounting at the local agency that distributes the money to small and midsize arts groups. (Thu, 23 Jul 2009 11:03:25 GMT)

Neil Cotty Returns as Chief Accounting Officer at Bank of America
Neil A. Cotty has been named chief accounting officer at Bank of America Corporation effective July 27, Joe L. Price, chief financial officer, announced today. Cotty will succeed Craig Rosato, who has been named consumer credit risk executive reporting to Chief Risk Officer Greg Curl. (Thu, 23 Jul 2009 12:00:00 GMT)

Bank of America Names Neil Cotty Chief Accounting Officer
July 23 (Bloomberg) -- Bank of America Corp. named Neil Cotty its chief accounting officer. Cotty will succeed Craig Rosato, who has been named consumer credit risk executive reporting to Chief Risk Officer Greg Curl. (Thu, 23 Jul 2009 12:44:40 GMT)

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