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Finance and Accounting Outsourcing Posts Early Post-Recession Growth Trajectory, Reports Black Book Research
"The Black Book of Outsourcing", a division of Datamonitor Inc, one of the world's foremost providers of sourcing consulting and research services, announced the results of the 2009 Black Book Financial and Accounting Outsourcing Top Vendors Survey which found that most executives today agree that outsourcing finance, accounting and procurement significantly helped their companies survive the ... (Tue, 01 Sep 2009 07:01:00 GMT)

Accounting and Finance Managers Feeling Pinch Can Squeeze Back
New white paper by BroadPoint explains how to pull more performance out of your accounting software and ERP software licenses (Tue, 01 Sep 2009 07:01:00 GMT)

Ervin Steps Down as American Safety Chief Accounting Officer
Bermuda-based American Safety Insurance Holdings, Ltd..has announced that Laura L. Ervin, the Company's Chief Accounting Officer, resigned to pursue other interests. Her resignation was effective ... (Tue, 01 Sep 2009 11:14:48 GMT)

Strategic Merger Will Help Small Businesses Grow Profitability -- BooksPro Accounting Merges With Young Consulting Group
Young Consulting Group announced today that BooksPro Accounting is merging with their firm. This strategic move will allow the rapidly expanding consulting group to offer the "total package" to small businesses. (Tue, 01 Sep 2009 14:00:00 GMT)

Indiana Converting To Centralized Accounting System
Indiana state government will fully convert to a uniform financial accounting system by Sept. 16. (Tue, 01 Sep 2009 15:27:27 GMT)

Indiana converting to centralized accounting system
Indiana state government will fully convert to a uniform financial accounting system by Sept. 16. (Tue, 01 Sep 2009 15:35:19 GMT)

Association Services of Florida Appoints Mercedes Vildosola as Director of Client Accounting
Association Services of Florida , an Associa Company, is pleased to announce the appointment of Mercedes Vildosola to the position of Director of Client Accounting. As Director of Client Accounting, Ms. (Tue, 01 Sep 2009 19:14:00 GMT)

Robert Half survey: Triangle CFOs still more likely to fire than hire accounting staff
The latest Robert Half International quarterly survey of chief financial officers, released Tuesday, finds that 6 percent of CFOs in the Raleigh-Durham-Fayetteville area plan to add accounting and finance staff during the fourth quarter – up from 4 percent last quarter. (RHI) (Tue, 01 Sep 2009 19:34:29 GMT)

Survey: Area’s finance, accounting hiring outlook gloomy for 4Q
The hiring outlook for finance and accounting jobs in the Columbus area could take a turn for the gloomy in the fourth quarter, with a new survey projecting more companies in the region planning to cut jobs than add them. (Tue, 01 Sep 2009 20:16:36 GMT)

Accounting amp; Finance Professionals Stay Accredited
In this economy, Americans need all the financial help they can get. The National Association of State Boards of Acccountancy NASBA is keeping accounting and finance professionals equipped to react and adapt to the economy with the 2009 National CPE Expo. Hosted in San Antonio in September, the expo offers continuing professional education sessions for professionals seeking to maintain his/her... (Tue, 01 Sep 2009 21:55:05 GMT)

VeriFone settles accounting irregularities charges
VeriFone Holdings Inc. on Tuesday agreed to settle regulators' charges that it falsified accounting records by pledging to never violate federal securities laws. A VeriFone employee implicated in the accounting debacle will pay a $25,000 fine. (Tue, 01 Sep 2009 22:44:32 GMT)

Accounting Error Leaves 28 Jobless
An accounting error leaves 28 San Mateo County court employees without jobs. (Wed, 02 Sep 2009 00:30:54 GMT)

Accounting, finance jobs becoming available in Nashville
The labor market is expected to ease for Nashville accounting and finance professionals in the fourth quarter, according to staffing firm Robert Half International. (Wed, 02 Sep 2009 14:48:34 GMT)

Yahoo's chief accounting officer resigns
Yahoo Inc. on Wednesday disclosed that its chief accounting officer will leave the company on Sept. 30. (Wed, 02 Sep 2009 22:27:59 GMT)

Yahoo's chief accounting officer resigns
Yahoo Inc. on Wednesday disclosed that its chief accounting officer will leave the company on Sept. 30. Michael A. Murray, who also holds the title of senior vice president of finance, is leaving to pursue other opportunities, a Yahoo spokeswoman said. (Wed, 02 Sep 2009 22:27:59 GMT)

Yahoo Chief Accounting Officer Leaving Company
Yahoo Chief Accounting Officer Leaving Company (Wed, 02 Sep 2009 22:35:34 GMT)

Innotrac Changes Independent Registered Public Accounting Firm
ATLANTA, Sept. 2 /PRNewswire-FirstCall/ -- Innotrac Corporation (Nasdaq: INOC) today announced that it has changed its independent registered public accounting firm to Grant Thornton, LLP. (Thu, 03 Sep 2009 00:01:21 GMT)

City leaders explain $1 million accounting error
The Office of Management and Budget says a good portion of the $1.1 million of so-called accounting errors is actually ambulance fees that the city has not been able to collect. (Thu, 03 Sep 2009 05:06:41 GMT)

Former accounting supervisor of indicted
A former accounting supervisor for a Pasadena chemicals company has been charged with embezzling more than $3.6 million from her employer, U.S. Attorney Tim Johnson announced Wednesday. (Thu, 03 Sep 2009 06:10:47 GMT)

Yahoo accounting chief searching for a new job
David Jetuah, Accountancy Age , Thursday 3 September 2009 at 15:30:00 Michael A Murray, Yahoo's chief accounting officer, is leaving to pursue other opportunities, following ex-CFO Blake Jorgensen out of the door Yahoo's chief accounting officer is to leave the company at the end of September, making it the second high-profile exit at the internet giant's finance function this year. Michael A ... (Thu, 03 Sep 2009 14:52:35 GMT)

NINETY-NINE PERCENT OF CORPORATE REAL ESTATE EXECUTIVES ARE UNPREPARED FOR PROPOSED FASB/IASB LEASE ACCOUNTING CHANGES
Corporate real estate (CRE) executives are substantially unprepared for a proposed major change in national and international accounting treatment of real estate lease obligations, according to a recent survey by Jones Lang LaSalle and CoreNet Global that revealed 99 percent of respondents had not fully evaluated the impact the proposed change would have on their financial statements and ... (Thu, 03 Sep 2009 15:21:26 GMT)

Product Spotlight: GnuCash financial accounting software
GnuCash is for any individual, SMB, or enterprise needing double-entry financial accounting software that is cost effective, feature-rich, reliable, and works across platforms. (Thu, 03 Sep 2009 15:53:30 GMT)

Hot Forum Topic: Will Apple Change its iPhone Subscription Accounting Policy?
Apple uses a subscription accounting system to log iPhone sales, and today TMO readers are debating whether or not the company could change that policy in the future. (Thu, 03 Sep 2009 16:06:59 GMT)

Man, son pool talents, form Bonita Springs accounting firm
A father and son are living out a dream and finding success with their small, Bonita Springs-based accounting firm. (Fri, 04 Sep 2009 05:20:47 GMT)

Accounting audit finds no major problems in Delaware Township
A state audit released last week in Delaware Township found flaws in bookkeeping and accounting practices, but no serious problems or missing money. (Fri, 04 Sep 2009 09:11:48 GMT)

Joye becomes shareholder at accounting firm
Stephen Joye is now a shareholder at the accounting firm Fischer, Hayes & Associates. He joins shareholders Jerome 'Tonk' Fischer, Stewart Hayes and Dean Allen. (Fri, 04 Sep 2009 10:26:37 GMT)

Research and Markets: Leading Accounting and Audit Firms in Germany, Including a Special Report about the Big Four
DUBLIN----Research and Markets has announced the addition of the "Leading Accounting and Audit Firms in Germany" report to their offering. (Fri, 04 Sep 2009 12:00:00 GMT)

Bob Fewson Accounting sold to Weber Tax Service
Weber Tax and Accounting has recently purchased Bob Fewson Accounting. The new business will remain in Clarinda at the same location. All clients of Mr. Fewson will be receiving a letter within the week explaining the transition. If you have any questions, please call B.J. Weber at 542-3000. (Fri, 04 Sep 2009 15:13:28 GMT)

Ernst & Young resigns as Corus' accounting firm
Corus Bankshares Inc. said Ernst & Young LLP has resigned as its accounting firm, according to a Securities and Exchange Commission filing late Friday. (Fri, 04 Sep 2009 22:04:30 GMT)

G20: ECB Noyer: Uniform Accounting Key To Stronger Regulation
LONDON -(Dow Jones)- European Central Bank governing council member Christian Noyer said Saturday that uniform accounting rules are key to developing stronger prudential regulation, as sought by the Group of 20 industrial and developing nations. (Sat, 05 Sep 2009 17:47:03 GMT)

Teams Seeking Remains Dig Back to World War II
The U.S. military has paid new attention to accounting for a majority of the Americans missing from the war. (Sat, 05 Sep 2009 23:03:43 GMT)

Profiles of Success: School was a reward for opportunities
[I had always liked accounting, and the only way I could get the job I wanted was to get back to school. At age 33, I enrolled in night classes and eventually received a second degree. (Sun, 06 Sep 2009 06:58:57 GMT)

GRADING THE BLAZERS
Quarterback Joe Webb had a Joe Webb kind of day - accounting for 415 yards - and the Blazers finished with 516 yards of offense. The defense set the tone early with two big stops and overall played well. It still has some work to do but it's a good start. (Sun, 06 Sep 2009 08:46:45 GMT)

ICAI’s final report on Satyam fraud awaited
NEW DELHI: Corporate Affairs Minister Salman Khurshid has said he would exert pressure on ICAI for a final report on the multi-crore Satyam fraud, although the accounting regulator said it has submitted one in July. (Sun, 06 Sep 2009 09:29:19 GMT)

Lead Reaches 16-Month High on Speculation China Curbing Output
Sept. 4 (Bloomberg) -- Lead rose to the highest in almost 16 months in London on speculation that supply will drop as China, accounting for about a third of world production, curbs polluting industries. (Mon, 07 Sep 2009 01:36:50 GMT)

Yahoo Chief Accounting Officer Steps Down
Yahoo has announced that Michael A Murray, its chief accounting officer and senior vice president of finance, will leave the company to pursue other opportunities, effective September 30. Murray joined the company in December 2004 and prior to that he was a vice president at Sun Microsystems. (Mon, 07 Sep 2009 05:43:18 GMT)

Accounting firms help clients weather tough financial times
With few exceptions, the recession is squeezing businesses across the Washington area, forcing executives to confront often unfamiliar issues and challenges. Customers are slower to pay, credit is harder to come by, and cash flows are sputtering. (Mon, 07 Sep 2009 07:05:52 GMT)

Phyllis Kramer: Huntington Woods leader used her accounting skills for city
Huntington Woods City Commissioner and Mayor Pro-Tem Phyllis Kramer was the proverbial calm amid the political storm. Mrs. Kramer, an elected commissioner since 1995 and 27-year resident of Huntington Woods, died Saturday evening at Beaumont Hospital in Royal Oak following a cerebral hemorrhage she suffered Friday afternoon at her home. She was 53. (Mon, 07 Sep 2009 07:23:37 GMT)

RCCC Small Business Center offering courses in basic accounting
The Small Business Center at Rowan-Cabarrus Community College is offering courses for people planning to start a small business and small business own ... (Mon, 07 Sep 2009 07:49:51 GMT)

ISAF Commander Promises Afghans Full Accounting of Kunduz Air Strike
WASHINGTON | The commander of the International Security Assistance Force promised Afghans a full accounting of the air strike in Kunduz province Sept. 3. ... (Mon, 07 Sep 2009 08:27:34 GMT)

Algeria's Generics Market Was Valued At US$0.89bn, Accounting For Just Over 38% Of The Total Pharmaceuticals Market
In the Q409 Business Environment Rankings matrix for the 17 key countries of the Middle East and Africa (MEA) region, Algeria remains in a lowly 14th position. (Mon, 07 Sep 2009 14:56:26 GMT)

Crime › Chiba Prefecture has Y3 bil in accounting irregularities in 5 yrs
The Chiba prefectural government has found accounting irregularities totaling about 3 billion yen in the five years up to fiscal 2007, with some 110 million… (Mon, 07 Sep 2009 22:06:26 GMT)

Porte Brown Bolsters Accounting Services for Construction Industry with New CCIFP Certifications
Porte Brown Bolsters Accounting Services for Construction Industry with New CCIFP Certifications. Three Additional Members of Porte Brown Staff Earn CCIFP Certification Putting the Chicago Area Accounting Firm in an Elite Category with a Total of Four Certified Professionals Available to Provide Specialized Financial Management Services to the Construction Industry. (Tue, 08 Sep 2009 07:01:00 GMT)

Grand Terra releases ArrowBooks 2.0 Online Accounting Software for Small Business
Easy-to-use web-based software that's designed to provide small businesses with the freedom, control, and simplicity needed in today's business environment. (Tue, 08 Sep 2009 07:01:00 GMT)

Ernst & Young validates FinArch IAS/IFRS accounting schemes
FinArch, the leading international provider of risk and financial management software, today announced that Ernst & Young has validated its IAS/IFRS ... (Tue, 08 Sep 2009 09:46:02 GMT)

An accounting required
WASHINGTON -- Torture is a delicate business. The aim is to injure but not incapacitate -- to inflict precisely enough pain and terror to break a subject's will, but no more. To calibrate the proper degree of abuse, the torturer must have an accurate sense of how much agony the subject's mind and body can tolerate. (Tue, 08 Sep 2009 10:36:52 GMT)

FlightWorks Uses Cloud Financial Management and Accounting Application to Increase Efficiency and Profitability
Kennesaw, GA – FlightWorks has selected Intacct, a leader in cloud financial management and accounting applications, as its new financial management system. (Tue, 08 Sep 2009 13:28:24 GMT)

Supervisor Fixed Assets Accounting
RIGZONE Career Center - leading oil and gas careers web site (Tue, 08 Sep 2009 15:12:20 GMT)

Former manager of Queen's composer Sir Peter Maxwell Davies admits £5000000 false accounting
The former manager of Sir Peter Maxwell Davies the Queen's official composer has admitted false accounting involving more than £500000 of the musician's money. (Tue, 08 Sep 2009 15:47:13 GMT)

Insite Computer Group Launches Solutions Specifically Geared to Accounting Firms
TORONTO, ONTARIO--(Marketwire - 09/08/09) - Insite Computer Group Inc. (ICG), an innovative technology solution provider, today launched its latest offering in cloud computing, specifically targeted to accounting firms - ( http://accountants.insiteapps.co ). This turnkey solution is a result of the company's experience, expertise and understanding the needs of accounting firms across North ... (Tue, 08 Sep 2009 18:42:00 GMT)

Insite Computer Group Launches Solutions Specifically Geared to Accounting Firms
Forward Thinking Accounting Firms To Capitalize on New Offering Designed to Streamline Operations (Tue, 08 Sep 2009 18:49:54 GMT)

Chiba accounting off by ¥3 billion
CHIBA (Kyodo) The Chiba Prefectural Government has found accounting irregularities totaling about ¥3 billion in the five years up to fiscal 2007, with some ¥110 million of the total attributable to personal misappropriation by prefectural employees, officials said Monday. The irregularities were found at almost all of the 400 sections of the prefectural government, which plans to take action ... (Tue, 08 Sep 2009 20:59:33 GMT)

Gainesville school deficit $1.2 million lower Software error wasn't caught earlier because of accounting glitches
An accounting error by the Gainesville finance office shows a smaller deficit for the Gainesville school system than first believed of about $758,000 to $1 million instead of $3.6 million. (Tue, 08 Sep 2009 21:45:24 GMT)

(AFX UK Focus) 2009-09-09 01:45 UPDATE 1-Zale postpones Q4 results for accounting review
NEW YORK, Sept 8 (Reuters) - Zale Corp postponed its fourth-quarter earnings release for the second time in a week, citing an accounting review. The Dallas-based diamond and jewelry retailer said on Tuesday it must finalize a review of accounting of prepaid advertising costs that surfaced during the company's year-end closing process, prompting the latest delay. Last week, the earnings report ... (Wed, 09 Sep 2009 01:12:48 GMT)

South Africa: Firms Face New Wave of Accounting Rules
Johannesburg — GLOBALLY, companies face a wave of new or revised international accounting standards. The risk of noncompliance with accounting requirements is at its highest since 2005, say accounting analysts. (Wed, 09 Sep 2009 08:19:39 GMT)

Accounting chamber forecasting inflation rate will exceed 15 percent in 2009
The Accounting Chamber is forecasting that the inflation rate will exceed 15% in 2009. The Accounting Chamber's Chairman Valentyn Symonenko announced this at a press conference. (Wed, 09 Sep 2009 15:29:19 GMT)

Nonprofit Accounting Software Showcase Comes to Washington, DC on September 24, 2009
BALTIMORE, MD—September 9, 2009—The “Nonprofit Accounting Software Showcase” invites nonprofit organizations who are interested in seeing Microsoft’s top three selling nonprofit accounting software packages—SL (formerly Solomon), GP (formerly Great Plains), and Serenic Navigator for Microsoft Dynamics NAV (formerly Navision). (Wed, 09 Sep 2009 16:45:45 GMT)

Survey: Slight bump in accounting, finance hiring on deck
A new survey by Robert Half International, the global accounting and professional-staffing company, expects a slight increase in the hiring of accounting and finance professionals in the Baltimore area in the last three months of the year. (Wed, 09 Sep 2009 18:05:24 GMT)

Advent Software says it promoted James Cox to CFO from principal accounting officer
SAN FRANCISCO — Investment management software maker Advent Software Inc. said Wednesday it promoted James Cox to chief financial officer from principal accounting officer. (Wed, 09 Sep 2009 21:18:32 GMT)

Accounting Standards given tongue-in-cheek reform award
The International Accounting Standards Board (IASB) has been handed a tongue-in-cheek award from Christian Aid, after winning the charity's Greatest Potential for Tax Reform award. (Wed, 09 Sep 2009 23:01:00 GMT)

Merger will create one of largest accounting firms in area
Two St. Louis-area accounting firms will complete a merger next month to create one of the largest in the area. (Thu, 10 Sep 2009 08:03:37 GMT)

Consultant chosen by UW System for payroll project faces accounting scandal
MADISON The University of Wisconsin System acknowledged Wednesday the high-priced consultant working on its $81.4 million payroll project is reeling from an accounting scandal that is raising questions about its future. (Thu, 10 Sep 2009 09:29:10 GMT)

Accounting Management Solutions Adds Lisowski to New York Office
New Business Driving Expansion and Growth for Leading Provider of Outsourced Accounting and Financial Management and Consulting Services (Thu, 10 Sep 2009 12:00:00 GMT)

Accounting Chamber: Inflation in Ukraine in 2009 to exceed 15 percent
Inflation in Ukraine in 2009 could exceed 15%, Accounting Chamber of Ukraine Board Chairman Valentyn Symonenko has said. (Thu, 10 Sep 2009 12:44:40 GMT)

Joborder 2009 Software Integrates Estimating, Job-costing, Scheduling and Accounting for Project-based Businesses
Management Software, a leading provider of cross-platform, business productivity software for project-oriented organizations including advertising agencies, architects, consulting companies, design firms, engineering firms, and job shops, today announced that it has dramatically expanded the estimating, job-costing, scheduling, and accounting tools in JobOrder 2009. (Thu, 10 Sep 2009 14:21:00 GMT)

Charities can outsource accounting functions to third—party service providers
SINGAPORE : Charities and Institutions of a Public Character (IPCs) in the social services, health and sports sectors can now outsource their finance and accounting functions to a professional third—party service provider. (Thu, 10 Sep 2009 15:45:14 GMT)

CEO of consulting firm tells UW regents accounting scandal won't affect work on IT project
WHITEWATER, Wis. (AP) — A chief executive officer is promising University of Wisconsin System regents that an accounting scandal at his firm will not affect its work on an $81.4 million payroll project. (Thu, 10 Sep 2009 17:57:41 GMT)

Accounting Office Audit Reveals Security Flaws
A report issued by the Department of Audits and Accounts says that the State Accounting Office’s information systems were severely under protected. According to the report, flaws in the system could have allowed hackers to gain full access to databases containing employee records and financial information. The State Accounting Office maintains the PeopleSoft financial systems for 185 state ... (Thu, 10 Sep 2009 19:29:15 GMT)

Accounting watchdog to consider MG Rover report
Accounting's watchdog the Financial Reporting Council will consider the inspectors' report into actions of Phoenix Venture holdings and MG Rover. The 850 page report, published today , has already been slammed by the four directors involved with the carmaker when it collapsed as a "witch-hunt". (Fri, 11 Sep 2009 09:27:41 GMT)

Industry experts say accounting standards need to be reviewed continually
SINGAPORE : Industry experts have said the existing accounting standards may not be enough to meet the demands of a post-downturn world. (Fri, 11 Sep 2009 09:38:21 GMT)

Educator Calls for Greater Diversity in Accounting
A Howard University professor argues there should be an increased commitment to diversity in the accounting profession. (Fri, 11 Sep 2009 18:27:40 GMT)

FASB Issues Exposure Draft for Proposed Accounting Standards Update, Improving Disclosures about Fair Value Measurements
The proposed Update would improve Fair Value Measurements and Disclosures--Overall Subtopic (Subtopic 820-10) of the FASB Accounting Standards Codification(TM), originally issued as FASB Statement No. 157, Fair Value Measurements. (Fri, 11 Sep 2009 20:00:24 GMT)

SouthPeak Appoints Reba McDermott as Interim Chief Accounting Officer
MIDLOTHIAN, Va.----SouthPeak Interactive Corporation , one of the fastest growing video game publishers, announces that Reba McDermott, a highly seasoned accounting professional, will serve as Interim Chief Accounting Officer. (Fri, 11 Sep 2009 20:01:00 GMT)

Accounting Standard-Setters Under More Pressure
The Financial Accounting Standards Board and the International Accounting Standards Board are once again coming under pressure not to tighten up the loose standards for banks that helped lead to the financial crisis. (Fri, 11 Sep 2009 20:27:40 GMT)

Dana Holding Corporation Announces SEC Settlement of 2004-2005 Accounting Issues
TOLEDO, Ohio, Sept. 11 -- Dana Holding Corporation today announced that it has reached a settlement with the U.S. Securities and Exchange Commission, bringing to a close the investigation initiated by the SEC in November 2005 of certain matters related to the restatement of the former Dana Corporation's financial statements for fiscal year 2004 and the first two quarters of 2005. No fines or ... (Sat, 12 Sep 2009 14:20:17 GMT)

Stimulus Accounting Taxing State Auditors
LITTLE ROCK — Legislative auditors told lawmakers Friday not to expect a regular schedule of state audits as personnel conduct required special audits of agencies and programs that receive federal stimulus money. (Sun, 13 Sep 2009 08:29:52 GMT)

Accounting firm helps clients both big, small
By Patrick Rupinski Staff Writer When Carl C. Jamison opened his accounting office in Tuscaloosa in 1920, it truly was a mom-and-pop operation. Jamison was the accountant, and his wife, Madge Price Jamison, was the bookkeeper. There were no other employees. Simpler times meant accountants did it all, said Jamison’s grandson and namesake Carl T. Jamison, a partner in... (Sun, 13 Sep 2009 08:39:23 GMT)

Plans for proposed $235M jail in Puunene go forward
PUUNENE - Plans for a proposed Maui Regional Public Safety Complex - or jail - in Puunene are moving forward, leaders from the state Public Safety and Accounting and General Services departments said last week. (Sun, 13 Sep 2009 15:29:02 GMT)

Ernst & Young Australia Selects Reval® for Derivative Valuations and Hedge Accounting
SYDNEY----Reval, the global leader in derivative risk management and hedge accounting solutions and services, announced today that Ernst & Young Australia has selected its award-winning Software-as-a-Service platform, Reval®, to meet derivative valuation and hedge accounting needs. (Sun, 13 Sep 2009 22:00:00 GMT)

Round-up of accounting news
Netprophet.co.nz is a website providing news and information directly to the accounting profession in New Zealand. Each week ShareChat will provide a summary of the key stories on the site. (Sun, 13 Sep 2009 22:13:12 GMT)

Football eclipses accounting homework
I found myself in a real quandary on Saturday afternoon. Since it had been a holiday, I decided to stay in Athens, Ga., with my girlfriend for an extra day. So, I drove back early Tuesday morning and unfortunately did not make it back for my accounting class. (Mon, 14 Sep 2009 01:56:27 GMT)

Enrollment up in state’s accounting schools
Job opportunities in accounting continue to be sound, even during the current economic downturn Even if you are not an accounting major at Belhaven College, the school’s unique Accounting Certificate program offers students an opportunity to add another major without having to earn a second bachelor’s degree. (Mon, 14 Sep 2009 13:15:39 GMT)

UPDATE: Fed's Duke Warns On Accounting, Financial Reg Changes
WASHINGTON -(Dow Jones)- U.S. Federal Reserve Board Gov. Elizabeth Duke, in a speech Monday, offered up caution to policymakers around the world as they work to modify accounting and financial regulations in the wake of the worst financial crisis in decades. (Mon, 14 Sep 2009 14:17:13 GMT)

Fed's Duke: Accounting Changes Need Global Reach
Fed's Duke says changes in accounting rules need global coordination to avoid repeat crisis (Mon, 14 Sep 2009 14:26:28 GMT)

Fed's Duke: accounting changes need global reach
WASHINGTON (AP) — Changes in accounting standards, rules and policies for financial institutions must be coordinated globally in the effort to help avoid a recurrence of the economic crisis, Federal Reserve Gov. Elizabeth Duke said Monday. "Now that some measure of confidence has been restored and financial strains are receding, it is time to turn our attention to the lessons learned in the ... (Mon, 14 Sep 2009 14:34:50 GMT)

Fed's Duke: accounting changes need global reach
Changes in accounting standards, rules and policies for financial institutions must be coordinated globally in the effort to help avoid a recurrence of the economic crisis, Federal Reserve Gov. Elizabeth Duke said Monday. (Mon, 14 Sep 2009 14:41:19 GMT)

Apple lobbies to drop special accounting for iPhone
Do you thrill at accounting rules? Does a tingle run up your spine everytime someone so much as whispers âGenerally Accepted Accounting Principlesâ? Does talk of subscription accounting cause you to fan yourself while proclaiming âAh do declare!â If so, you may want to breathe into this paper bag for a minute, because weâre about to get crazy. (Mon, 14 Sep 2009 18:05:00 GMT)

Apple lobbies to drop special accounting for iPhone
Apple's chief accountant has backed a proposal to alter rules that require special accounting rules for its iPhone and Apple TV lines, which could help boost (Mon, 14 Sep 2009 18:09:59 GMT)

Regulators: accounting changes need global reach
Changes in accounting standards, rules and policies for financial institutions must be coordinated globally in the effort to help avoid a recurrence of the economic crisis, federal regulators said Monday. (Mon, 14 Sep 2009 18:36:32 GMT)

Apple Lobbies to Drop Special Accounting for IPhone
Do you thrill at accounting rules? Does a tingle run up your spine every time someone so much as whispers "Generally Accepted Accounting Principles"? Does talk... (Mon, 14 Sep 2009 19:51:20 GMT)

Regulators: accounting changes need global reach
WASHINGTON (AP) — Changes in accounting standards, rules and policies for financial institutions must be coordinated globally in the effort to help avoid a recurrence of the economic crisis, federal regulators said Monday. "Now that some measure of confidence has been restored and financial strains are receding, it is time to turn our attention to the lessons learned in the crisis," Federal ... (Mon, 14 Sep 2009 21:19:21 GMT)

Apple lobbies to drop special accounting for iPhone
Do you thrill at accounting rules? Does a tingle run up your spine every time someone so much as whispers "Generally Accepted Accounting Principles"? Does talk of subscription accounting cause you to fan yourself while proclaiming "Ah do declare!" If so, you may want to breathe into this paper bag for a minute, because we're about to get crazy. Apple's chief accountant has backed a proposal that ... (Tue, 15 Sep 2009 08:56:17 GMT)

News: New Accounting Rules Could Have Big Impact on iPhone Numbers
A proposed change in accounting rules could have a big impact on Apple's quarterly earnings numbers since the company would be able drop its current subscription accounting method for tracking iPhone sales. The current rules require Apple to account for each iPhone sold over a two-year period, potentially pushing the company's quarterly sales figures artificially low. (Tue, 15 Sep 2009 16:06:49 GMT)

Accounting road map by November
Calcutta, Sept. 15: The corporate affairs ministry will soon come out with a road map for companies planning to switch to the International Financial Reporting Standards (IFRS) from April 1, 2011 from the Indian Accounting Standards. (Tue, 15 Sep 2009 21:05:40 GMT)

Fair value accounting unfair?
FAIR value accounting has been the subject of intense scrutiny and debate in the uncertainty of the current economic times. Under such conditions, the fair values of certain assets and liabilities are more volatile, causing the income statements of some companies to be more volatile too. Certain quarters are of the view that fair value accounting is the main culprit behind the poor performance ... (Tue, 15 Sep 2009 23:31:09 GMT)

FinLab SA Incorporates a Full Liquidity Analysis within its Fund of Funds Shadow Accounting Module for Hedge Funds and ...
FinLab SA, the sole provider of PackHedge™, announces the latest enhancement to its fund of funds shadow accounting module. The new release of PackHedge™ v.4.1 includes the addition of a fully customizable liquidity ladder analysis tool for detailed cash projections based upon a variety of scenarios defined by the user. PackHedge™ is the only platform offering a truly integrated software ... (Wed, 16 Sep 2009 07:01:00 GMT)

Fitch: Regulatory, Pension, Accounting & Tax Issues Not Likely to Affect U.S. Media Credit Quality
CHICAGO----According to Fitch Ratings' 200-page, annual 'Credit Encyclo-Media' report, credit quality for the Media sector is not likely to be affected in the next 12 months by regulatory, pension or accounting and tax issues. (Wed, 16 Sep 2009 13:42:00 GMT)

Apple Stock Watch: Cramer Bumps AAPL Target on Accounting Rule Changes
Jim Cramer, the host of the financial investment TV show Mad Money, thinks his US$200 target price for Apple's stock is too low if the Financial Services Accounting Board changes a rule that impacts how the company accounts for iPhone sales. If approved, the rule change would let Apple report iPhone sales in a more realistic way instead of forcing to company to spread the revenue over a 24 month ... (Wed, 16 Sep 2009 14:51:47 GMT)

HighJump Software Introduces On-Demand Route Accounting System
EDEN PRAIRIE, Minn.----HighJump Software, a global provider of supply chain execution solutions, announces the availability of HighJump HighJump RouteCenter On-Demand, a Software as a Service version of the HighJump RouteCenter route accounting system. (Wed, 16 Sep 2009 15:04:00 GMT)

HighJump Software Introduces On-Demand Route Accounting System
EDEN PRAIRIE, Minn.----HighJump Software, a global provider of supply chain execution solutions, announces the availability of HighJump RouteCenter On-Demand, a Software as a Service version of the HighJump RouteCenter route accounting system. (Wed, 16 Sep 2009 15:41:00 GMT)

IFRS May Not Be the Most Immediate Accounting Change
While the International Financial Reporting Standards for insurers still are being worked out, other accounting standards changes could have a more immediate impact on the industry. (Wed, 16 Sep 2009 16:05:09 GMT)

Accounting body defends changes on G20 goal, banks fret
A top accounting standards setter said it has made big strides to reach a G20 goal of a single global set of rules and defended its "fair value" rule revamp despite criticisms it fails to go far enough. (Wed, 16 Sep 2009 17:09:00 GMT)

Houston-based accounting firm to open downtown office
Jennifer Zdon / The Times-Picayune1010 Common St. in the CBD in 2002 The Houston-based accounting firm MFR plans to open an office at 1010 Common in downtown New Orleans, a move that would make it one of the city's largest... (Wed, 16 Sep 2009 17:42:03 GMT)

DRSC RELEASE NEW MANAGEMENT COMMENTARY DRAFT ACCOUNTING STANDARD
The DRSC has announced this week that a new Draft German Amendment Accounting Standard No. 5 (E-GAAS 5) is available (only in a German version). Click through here to see a copy . (Wed, 16 Sep 2009 19:06:35 GMT)

IASB Reassures G-20 on Loan Accounting Standards
The group overseeing the International Accounting Standards Board has written to President Obama and the other G-20 leaders saying it is following the G-20 recommendations for dealing with fair value accounting for loans, after banking interests charged that it was not. (Wed, 16 Sep 2009 20:57:43 GMT)

International Accounting Standards Board Defends Progress On G-20 Goals
WASHINGTON -(Dow Jones)- A major accounting standards setter defended its work on meshing U.S. and international accounting rules into one single standard, ahead of next week's Group of 20 summit in Pittsburgh, Pa. (Wed, 16 Sep 2009 21:02:02 GMT)

Universal Accounting CEO Allen Bostrom to Keynote Canadian Bookkeepers Association Conference
Salt Lake City - Universal Accounting , the nations largest training center for accounting, bookkeeping and tax preparation with its Profit Expert Programs , announced today that its CEO Allen Bostrom will be featured... (Wed, 16 Sep 2009 21:25:39 GMT)

Accounting firms push to prepare for new standards
The switch to international accounting standards is still years away, but some local accounting firms are already gearing up to help businesses convert. Long Island accountants are hosting training classes, online seminars and forming special committees to ensure the profession is ready to help local companies make big changes when the United States joins the rest [...] (Thu, 17 Sep 2009 14:36:49 GMT)

Apple may benefit from proposed accounting change
A proposed regulatory change in how companies recognize revenue of certain products could provide a boost for several tech firms, and Apple Inc. in particular. (Thu, 17 Sep 2009 18:40:48 GMT)

Moss Adams Presses G-20 on Accounting Issues
Moss Adams CEO Rick Anderson has written to Treasury Secretary Timothy Geithner urging him and other world financial leaders at the G-20 meeting next week to act more quickly on global accounting and corporate governance issues. (Thu, 17 Sep 2009 20:12:43 GMT)

Accounting chamber head: Ukraine's GDP fall could be 15 percent
The fall of Ukraine's GDP in 2009 could be 15% with 14.5-15% inflation, the chairman of the Ukrainian accounting Chamber, Valentyn Symonenko, has said. (Fri, 18 Sep 2009 08:14:01 GMT)

Deloitte Prepares Upstream Cos for Seismic Shift in Accounting Rules
Upstream organizations are being offered advice in order to gear up for the biggest potential shake up of oil and gas accounting rules in the last 20 years. (Fri, 18 Sep 2009 13:57:21 GMT)

Town Sports International says it is subject of SEC investigation over accounting; shares fall
SAN FRANCISCO — Town Sports International Holdings Inc., owner of the New York Sports Club chain, said it is the target of a Securities and Exchange Commission investigation of its accounting practices. (Fri, 18 Sep 2009 18:45:40 GMT)

Zale finds accounting errors, will restate 2008, 2009 financial reports
Zale Corp. said late Friday that its financial statements for fiscal 2008 and parts of 2009 contain accounting errors and should no longer be relied upon. (Sat, 19 Sep 2009 03:16:31 GMT)

League: Broncos win the battle
The Brisbane Broncos have set up a momentous preliminary final showdown with rivals Melbourne after accounting for minor premiers St George Illawarra 24-10 in a bruising sudden-death semi-final at Suncorp Stadium on Saturday night. (Sat, 19 Sep 2009 12:32:08 GMT)

The Macalope Weekly: Money, money, money
The Zune HD may be many things, but it's not an iPod touch-killer. Nor is there apparently a way to kill the record industry's aspirations, even with a stake through the heart. And aren't accounting rules a killer? (Sat, 19 Sep 2009 14:09:42 GMT)

Safarova cruises past Goerges to reach Quebec City final
Lucie Safarova of the Czech Republic will play for her fifth career title at the Bell Challenge after accounting for Julia Goerges of Germany 6-3, 6-2 in the semifinals on Saturday. (Sat, 19 Sep 2009 23:22:13 GMT)

Upstate building firms are fighting hard times
A survey by the Bonadio Group accounting firm indicates that upstate construction companies are still battling tough economic times, which has implications for their employees. (Sun, 20 Sep 2009 07:17:52 GMT)

Letters to the Editor for Sept. 20
• Estuary is teeming with life • Port uses tricky accounting practices • What about the real people? • Meetings were educational (Sun, 20 Sep 2009 08:46:21 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. (Sun, 20 Sep 2009 12:50:37 GMT)

Fact check: Obama uses iffy math on deficit pledge
WASHINGTON (AP) — President Barack Obama used only-in-Washington accounting Wednesday when he promised to overhaul the nation’s health care system without adding “one dime” to the deficit. By conventional arithmetic, Democratic plans would drive up the deficit by billions of dollars. (Sun, 20 Sep 2009 13:11:49 GMT)

Audit reservations on corporates extend beyond forex accounting
There were also instances of reservations with regard to certain deviations from accounting standards. Auditors have reservations about a wider range of issues on financial statements of listed corporates than a year ago. (Sun, 20 Sep 2009 18:51:11 GMT)

HighJump Software Introduces On-Demand Route Accounting System
HighJump Software, a global provider of supply chain execution solutions, announces the availability of HighJump RouteCenter On-Demand, a Software as a Service (SaaS) version of the HighJump RouteCenter route accounting system. (Mon, 21 Sep 2009 07:10:17 GMT)

National Accounting, Tax and Business Consulting Firm RSM McGladrey Expands Reach With New Atlanta Office
In a move designed to provide companies in the southeastern United States with greater access to its national resources and industry talent, RSM McGladrey - one of the nation's leading accounting, tax and business consulting firms - has entered the Atlanta market by opening an office in midtown. (Mon, 21 Sep 2009 13:00:00 GMT)

G2 Systems, LLC Expands Service Offering with Fund Accounting and Fund Administration Expertise; Names Senior Fund ...
NEW YORK & BOSTON----G2 Systems, LLC a software consulting firm specializing in portfolio management/accounting solutions, today announced that it has joined forces with HighRoad Fund Services, LLC, a consulting firm that provided functional and system integration solutions to investment managers. (Mon, 21 Sep 2009 13:30:00 GMT)

State Street Unveils New Functionality for Global Accounting Service
BOSTON----State Street Corporation , the world's leading provider of financial services to institutional investors, today announced the launch of eHorizon®, State Street’s enhanced global accounting system for asset managers and institutional investors. (Mon, 21 Sep 2009 14:00:00 GMT)

School officials in Benicia OK hiring a new accounting exec
BENICIA - The Benicia school district's crash financial diet that began last spring seems to be backfiring, with officials backtracking on budget cuts made in the face of reduced state funding. It's not that officials have stumbled upon more money. (Mon, 21 Sep 2009 14:11:19 GMT)

State Street revamps global accounting system
State Street Corporation (NYSE: STT), the world's leading provider of financial services to institutional investors, today announced the launch of ... (Mon, 21 Sep 2009 14:13:33 GMT)

NACVA CEO PARNELL BLACK AGAIN CITED AMONG ACCOUNTING PROFESSION'S MOST INFLUENTIAL
SALT LAKE CITY Accounting Today, the business magazine for the tax and accounting community, recognized Parnell Black, CEO of the National Association of Certified Valuation Analysts NACVA, headquartered in Salt Lake City, Utah, as one of the "Top 100 Most Influential People." This is the 10th consecutive year Accounting Today has recognized Black in its survey. The current issue notes:"Blacks... (Mon, 21 Sep 2009 14:25:16 GMT)

Regulators: Accounting Changes Need Global Reach
Sept. 14, 2009 (Associated Press) WASHINGTON - Changes in accounting standards, rules and policies for financial institutions must be coordinated globally in the effort to help avoid a recurrence of the economic crisis, federal regulators said Monday. (Mon, 21 Sep 2009 14:42:57 GMT)

International Rectifier accounting irregularities probe by Calif. authorities ends
EL SEGUNDO, Calif. - International Rectifier Corp. said Monday that California authorities have decided not to bring any action against it for accounting irregularities that led to a restatement of financial results. (Mon, 21 Sep 2009 18:39:44 GMT)

NACVA CEO PARNELL BLACK AGAIN CITED AMONG ACCOUNTING PROFESSION'S MOST INFLUENTIAL
SALT LAKE CITY – Accounting Today, the business magazine for the tax and accounting community, recognized Parnell Black, CEO of the National Association of Certified Valuation Analysts (NACVA), headquartered in Salt Lake City, Utah, as one of the "Top 100 Most Influential People." (Mon, 21 Sep 2009 19:00:21 GMT)

Pem. Twp. strives to correct accounting woes
PEMBERTON TOWNSHIP - The township's finance department is taking steps to correct deficiencies found during an audit of accounting and record keeping. (Tue, 22 Sep 2009 07:36:37 GMT)

Aberdeen Group Publishes Report on Corefino Internet Accounting Solution
SUNNYVALE, Calif.----Corefino, The Future of 21st Century Accounting™, announced today the availability of a new report on the company completed by the Aberdeen Group, a leading provider of fact-based research and market intelligence within the technology sector. (Tue, 22 Sep 2009 13:05:00 GMT)

Faculty in KPMG-AAA Survey See U.S. Economy, Students Impacted Without Adoption of Global Accounting Standards
Accounting faculty at universities throughout the United States believe their students and the U.S. economy will be at a disadvantage if U.S. regulators do not adopt a set of globally accepted accounting standards and if universities do not take immediate steps to incorporate International Financial Reporting Standards into U.S. accounting curricula. (Tue, 22 Sep 2009 13:12:00 GMT)