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Accounting News 01/2014



Modern accounting system to be tried in Maharashtra
Two state departments have been chosen to kick-start a pilot project to make government accounting sharper and more realistic. For this, the education department and the public works department have been chosen by the state government and the Principal ...

New Tribal Accounting Standards Board
Since 2000, the Government Accounting Standards Board and the American Institute of Certified Public Accountants have been the only standard-making bodies for the development and publishing of generally accepted accounting and reporting principles for ...

LRR Energy appoints new chief accounting officer
She has over 15 years of experience in accounting and financial reporting roles at Anadarko Petroleum Corp., Sirius Solutions LLP, Victory Packaging Inc., ERP Environmental Services Inc., and other companies. LRR Energy is a Delaware limited ...

Accounting firm brings expertise into the Oil Patch
Accounting firm brings expertise into the Oil Patch. The oil boom has brought new financial questions for individuals benefiting from the boom and new challenges for businesses that are rapidly expanding. Businesses that have seen significant growth ...

Things to consider when choosing cloud accounting software
There are many benefits to switching to cloud accounting that allow many organisations to better manage their financial data. Companies using cloud accounting software enjoy the flexibility that it affords them, by having access to all of their data in ...

SmithBucklin Promotes Brian Teague to Vice President, Financial Management ...
SmithBucklin Promotes Brian Teague to Vice President, Financial Management ...

Mayville village officials working to correct financial accounting problems
Thomas, of accounting firm Gardner Provenzano Thomas & Luplow, told The Advertiser in November that the village has done much to remedy the problems, though. When Thomas spoke with Mayville Village Council members in September, she told them ...

Cision AB : Intuit Accountancy Report Has Pronounced Implications for ...
Cision AB : Intuit Accountancy Report Has Pronounced Implications for ...

St. Louis Accounting Firms to Merge, Will Become Largest Local Firm in Metro
Two St. Louis accounting firms, Scheffel & Company, PC and J.W. Boyle & Co., LTD, have announced that they will finalize a merger of the two practices effective January 1, 2014. The new firm will be named Scheffel Boyle. Both firms have a long ...

Cincinnati accounting firms merge to become one of area's largest
Two longtime Cincinnati accounting firms have merged to create one of Greater Cincinnati's largest CPA firms. Clayton L. Scroggins Associates merged Jan. 1 with Grear & Co. to form ScrogginsGrear, a firm that employs about 100. That makes it the ...

Jefferson Parish President John Young hires new interim accounting director
Jefferson Parish President John Young has hired a new interim accounting director, and the appointment will become permanent if the Parish Council approves. Tara Hazelbaker joins the administration after serving more than two years with Habitat for ...

Wipfli acquires Chicago-area accounting, consulting firm
The 20 partners and associates of Chicago-area accounting and business consulting firm The Condon Group Ltd. have joined Wauwatosa-based Wipfli LLP. Condon Group, with offices in Tinley Park, Ill., serves wealthy individuals and privately held ...

READER SUBMITTED: Jim Norris Joins Nathan Accounting Group
As Tax Manager, Jim's primary responsibilities include the preparation and review of business and individual tax returns, and evaluating tax planning opportunities for clients. In addition to his tax responsibilities, Jim's in depth experience and well ...

Accounting firm CliftonLarsonAllen buys mortgage compliance consultant
CliftonLarsonAllen, one of the Twin Cities' largest accounting firms, said Thursday it has acquired Bankers Advisory Inc., a Boston-area mortgage compliance consultant, in a move to beef up its ability to help lenders comply with complex new mortgage ...

Yamana Gold Inc. (USA) (AUY): Why Yamana Gold's Conservative Accounting ...
Yamana Gold Inc. (USA) (AUY): Why Yamana Gold's Conservative Accounting ...

MUM Accounting Students First in World to Learn New Reporting System ...
MUM Accounting Students First in World to Learn New Reporting System ...

People News: Jan. 3, 2014
Josh Arnold has joined PwC US as tax partner, in the firm's San Francisco office. Arnold has 13 years of public accounting experience, serving large, publicly traded multinational companies in the technology, telecommunications, energy and resources ...

Two More University Accounting Programs Endorsed by IMA
The undergraduate accounting programs at Michigan State University in East Lansing, Michigan, and Brigham Young University in Provo, Utah, received the endorsement of the Institute of Management Accountants (IMA) as higher education programs that ...

End of 2013 Accounting and Auditing Highlights
The Financial Accounting Standards Board and its Private Company Council Dec. 23 issued an Accounting Standards Update and accompanying guide for the PCC to address the problem of inconsistency and complexity of having multiple definitions of ...

No Accounting for Government Cost
The reported budget deficit for fiscal 2012 was $1.1 trillion, when a more realistic accounting would show a $5.8 trillion deficit. Recently, the Treasury Department reported that the budget deficit for fiscal 2013 was $680 billion, but the true ...

NY auditors fault Amsterdam's accounting
ALBANY, N.Y. — New York state auditors say Amsterdam officials can't properly assess the upstate city's financial condition because of inaccurate and incomplete accounting records. They say Amsterdam's fund balance dropped from $3.4 million in 2007 to ...

Gettry Marcus, a Leading Health Care Accounting and Business Valuation Firm ...
Gettry Marcus, a Leading Health Care Accounting and Business Valuation Firm ...

Financial: Nathan Bartel, Emmons & Co. P.C. Certified Public Accountants
He holds a Master of Accounting degree with a taxation specialization from Oklahoma State University. Most recently Nathan worked with CBIZ MHM LLC as Manager of Taxation of the Tulsa office. At Emmons & Bartel CPAs, Nathan will be responsible for ...

NY auditors fault Amsterdam's accounting
ALBANY — New York state auditors say Amsterdam officials can't properly assess the upstate city's financial condition because of inaccurate and incomplete accounting records. They say Amsterdam's fund balance dropped from $3.4 million in 2007 to ...

Signature Associates hires new director of property management accounting
based Signature Associates. Chesney brings more than seven years of real estate accounting experience in property management and portfolio asset accounting to his new position. Before joining Signature, he handled the accounting and financial reporting ...

Businesses bracing for accounting shift
In a recent letter to committee Chairman Max Baucus, D-Mont., and ranking member Orrin Hatch, R-Utah, the AICPA said, “The cash method of accounting is simpler in application, has fewer compliance costs, and does not require taxpayers to pay tax before ...

Accounting firm Walthall starts year with a fresh look
Following two acquisitions a year ago and motivated, too, by its 70th anniversary in 2014, the accounting firm has spent nearly six figures to survey clients and employees and to overhaul its website and develop a “refreshed and modern” logo to replace ...

Research and Markets: Global Financial Accounting Application Market 2014 ...
Research and Markets: Global Financial Accounting Application Market 2014 ...

QM Changes from Lenders Big and Small; Accounting Firm Buys Compliance...
QM Changes from Lenders Big and Small; Accounting Firm Buys Compliance...

Belmont-Based Lending Compliance Firm Acquired By National Accounting ...
Belmont-Based Lending Compliance Firm Acquired By National Accounting ...

New Quickfinder Tax & Financial Tools Helps Tax & Accounting Pros
Thomson-Reuters1.jpg. Thomson Reuters has launched the new Quickfinder Tax & Financial Tools, a comprehensive set of calculators, worksheets and financial tools designed for local tax and accounting firm practitioners. Aimed at bridging the gap between ...

Glimcher Realty Trust : Glimcher Appoints Lisa Indest to Role of Chief ...
Glimcher Realty Trust : Glimcher Appoints Lisa Indest to Role of Chief ...

Glimcher Appoints Lisa Indest to Role of Chief Accounting Officer
COLUMBUS, Ohio, Jan 06, 2014 (BUSINESS WIRE) -- Glimcher Realty Trust (NYSE:GRT) , one of the country's premier retail REITs, today announced Lisa A. Indest has been appointed to the position of Chief Accounting Officer and Senior Vice President, ...

Accounting students at Maharishi University are gaining certification in new ...
Accounting students at Maharishi University are gaining certification in new ...

SCORE hosting legal and accounting workshop
The Central Virginia chapter of SCORE is scheduled to present a legal and accounting workshop for small business from 5:30 to 8:30 p.m. at the Albemarle County Office Building on McIntire Road. Local attorney Phil Lamar and accountant Devyani Goradia ...

2 local graduates join St. Cloud accounting firm
Jessica Gravich joined Miller, Welle, Heiser & Co. Ltd. in November as a staff accountant. Gravich is a June 2013 graduate of St. Cloud State University. Travis Schulte joined the firm in December. Schulte is a 2011 graduate of St. John's University ...

Audit finds problems with county's accounting system
FAYETTE — An audit of Jefferson County's fiscal year 2012 showed the county had unpaid interfund loans and cash accounts of more than $70,000 that were not recorded in the county's central accounting system. In the audit, released yesterday, The ...

Lexmark announces change in pension accounting method and accrual for legal ...
Lexmark announces change in pension accounting method and accrual for legal ...

Lexmark Switches to Mark-to-Market Pension Accounting
Lexmark International Inc. (LXK) joined a growing list of U.S. companies that have changed their pension accounting to a method considered more transparent but that can add volatility to profits from year to year. The company changed its pension ...

Neat® Announces Time-Saving Integration between NeatCloud® and Popular ...
Neat® Announces Time-Saving Integration between NeatCloud® and Popular ...

HP blasts 'ridiculous' Mike Lynch claims on Autonomy accounting
HP has dismissed claims by Mike Lynch that its allegations of fraud against Autonomy's former management are based on misunderstanding international accounting rules as "patently ridiculous". Mr Lynch, Autonomy's founder, made the claim this week after ...

JP Morgan banker joked that Madoff's accounting firm might be a car wash
Employees at a J.P. Morgan predecessor first raised questions about Madoff in the mid-1990s, after the bank realized that Madoff was shuffling money among various accounts in order to secure bigger interest payments from J.P. Morgan. In 1993, a senior ...

Lawmakers Concerned about Hiding Salary Increases with Accounting
Lawmakers Concerned about Hiding Salary Increases with Accounting. Saved. Save Article; My Saved Items · Print Email. « State of the State Buy Now. » 2014-01-07T12:44:00Z Lawmakers Concerned about Hiding Salary Increases with AccountingBy ...

Two more Cincinnati accounting firms merge as trend continues
The latest in a series of Cincinnati accounting firm mergers, Flynn & Co. has acquired Shoemaker & Co. The deal, completed Dec. 24, brings added expertise in accounting and business advisory services to Flynn, CEO Richard Flynn said. The companies will ...

Scioto Township still sorting through accounting mess
CHILLICOTHE — Scioto Township has yet to be able to roll over to the new year as the new fiscal officer continues to sort out the mess left by the previous fiscal officer. The ongoing troubles with the township's financial accounting also have led to ...

Peter L. Vico, 61; taught accounting
Peter L. Vico, 61, of Cherry Hill, an adjunct professor of accounting since the early 1990s at Camden County College, died of cardiorespiratory failure on Wednesday, Jan. 1, at Virtua Voorhees hospital. Born in the Jamaica section of New York City, Mr ...

Bob Jones Named Managing Director for Crawford Forensic Accounting Services
Crawford & Company, an independent provider of claims management solutions, named Robert D. “Bob” Jones as managing director for Crawford Forensic Accounting Services (CFAS) for the United States, a new position. CFAS is part of Global Technical ...

M3 Accounting + Analytics Celebrates Fifteen Years of Consecutive Growth
GAINESVILLE, GA -- M3 Accounting + Analytics, the national leader in hotel-specific accounting software, operations reporting and business analytics, has closed out its fifteenth year in the industry with another successful year of growth in 2013. In ...

Morning Edition: Ohio casinos go cold, hysteria hits Kroger, accounting ...
Morning Edition: Ohio casinos go cold, hysteria hits Kroger, accounting ...

Similar passions add up to new accounting partnership
CPAs Trisha Kruse (left) and Janet Houchen (right) have partnered up to form Pro 31 Tax and Accounting Services. The two have ample experience working in the accounting world and said they both genuinely enjoy their career of choice and serving a range ...