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Accounting News 07/2014



Digital Transfer Safeguards Accounting Data, Saving Time And Trouble
Many businesses are now using QuickBooks software for their accounting needs, and many of those businesses provide data from this program to their accountants throughout the year. One challenge for both clients and accountants has been how to transfer ...

Decosimo, accounting and business advisory firm, moving to new office in ...
Decosimo, accounting and business advisory firm, moving to new office in ...

@Comm's CommView 2.1 call accounting solution now compliant with Avaya IP ...
@Comm's CommView 2.1 call accounting solution now compliant with Avaya IP ...

Can investors win in a new era of accounting?
Big changes over global accounting standards go into effect in 2017, and they could greatly influence how profitable companies are perceived. Like an operating system runs a computer, revenue makes a company go; nothing happens until somebody sells ...

MARTI HEALY: The ultimate accounting
“For at least three years,” my accountant told me. Most of the files I have been trying to pare down and simplify in my office over the past several weeks I am told I must keep for at least three years – some even longer. “Why?” I wonder. I look at ...

Cost Accounting Standards Board member, Murali Prasad says newCompanies ...
Cost Accounting Standards Board member, Murali Prasad says newCompanies ...

LBCC QuickBooks accounting classes
Guided Tour QuickBooks is a four-hour class designed for those with no previous experience using a computer-based accounting system. Class will meet from 2 to 3:50 p.m. July 8 and 10 in the LBCC Forum building, room F-202, 6500 Pacific Blvd. S.W. Cost ...

Elite accounting tactics cut Rauner's tax tab
IRS data show Bruce Rauner to be one of the 11,000 richest tax filers in the nation, but most of the millions he made in recent years was taxed at 15 percent — less than half the top federal rate for the wealthy, a review of tax documents released by ...

22nd Annual North Alabama Decosimo Accounting Forum Set to Take Place ...
22nd Annual North Alabama Decosimo Accounting Forum Set to Take Place ...

How To Profit From Accounting Shenanigans -- Legally
They simply make a series of accounting adjustments -- a booked order turned into a sale here, an expense deferred there -- and are able to come up with whatever net income figure they like. ( Here are some examples of financial trickery.) Of course ...

North Alabama Decosimo Accounting Forum Set To Take Place July 18
Decosimo, a Top 100 accounting and business advisory firm, is providing thought leadership for the Annual North Alabama Decosimo Accounting Forum on Friday, July 18. Hosted by the University of North Alabama for the past 22 years, the accounting forum ...

MOVE Project Ranks Best Public Accounting Firms for Women
After evaluating accounting firms across the country on a variety of aspects including firm culture and partnership opportunity, the MOVE Project has released its fifth annual rankings of the best firms for female professionals. The MOVE Project is ...

Business Viewpoint: Entrepreneurs must avoid 4 accounting mistakes
1. They don't invest time and/or money to have their books set up and maintained on a regular basis — as a result, they get in trouble with the IRS. In addition, they end up losing profits and eventually their business because they don't know how well ...

Revolutionising cloud-based accounting
Private businesses in Australia are in danger of missing out on an accounting revolution by failing to respond to the changes caused by digital disruption. In a recently released report, Harnessing the 'bang', stories from the digital frontline ...

22nd Annual North Alabama Decosimo Accounting Forum Set To Take Place ...
22nd Annual North Alabama Decosimo Accounting Forum Set To Take Place ...

Fiat narrows Q1 loss by 46% after Chrysler-related accounting change
MILAN (Reuters) -- Fiat has revised its first quarter net loss to 173 million euros ($236 million) from a previously announced loss of 319 million euros based on accounting changes related to its buyout of Chrysler. The change resulted in the ...

Culliton named to Foundation of Accounting & Financial Women's Alliance's ...
Culliton named to Foundation of Accounting & Financial Women's Alliance's ...

LAMBRO: An accounting of economic failure
It reported serious inadequacies and shortcomings in the system's “internal controls” that may have allowed millions of people to sign up for cut-rate health insurance benefits who were ineligible for the subsidies, tax credits and other financial help ...

Invoicing apps put accounting department in palm of your hand
“I have an accounting program that I was using, but it was too manual,” says Ms. Geier, who likes FreshBooks because she believes it's easier to use, has all the tools in the cloud and allows her to send invoices from her phone. She also makes use of ...

Accounting of confiscated Turkish churches sought
Accounting of confiscated Turkish churches sought. Area's Armenian community leaders applaud as bill passes through the House Committee on Foreign Affairs. print. By Brittany Levine, [email protected] July 4, 2014 | 11:11 a.m.. Armenian ...

Congo Improves Natural-Resources Accounting
KIGALI —. The Democratic Republic Congo, faulted last year for murky reporting on its earnings from natural resources, has improved its accounting enough to be awarded full membership in an international organization touting transparency. On Wednesday ...

Accounting mistakes can squeeze pension benefits
Patti Redmond, 61, of Toronto, Ohio, has been drawing a survivor's pension since her husband, who worked at Wheeling-Pitt, died in 1998. Last year, the company running the pension plan told her they had made a mistake and had been paying her too much ...

Accounting firms' objections to Chinese protests don't add up
Unfortunately, the decision by the Big Four multinational accounting companies — Deloitte, KPMG, Ernst & Young, and Pricewaterhouse Coopers — to jointly take out an ad in Hong Kong newspapers opposing a pro-democracy protest sends an ominous ...

Graduates hardest hit by decision to retain skilled migrant status for accountants
Academics argue a federal government decision to keep accounting on the Skilled Occupation List is misguided and that difficulties in the accounting job market are being downplayed. Photo: Louie Douvis. Edmund Tadros. Australian students turn away from ...

SIAO seeks greater participation by indigenous accounting firms
SIAO a consortium of local accounting firms is seeking greater participation by indigenous accounting firms in the Nigerian economy while calling for the enforcement of the provisions of the Local Content Act 2010. SIAO in a press release said that the ...

JPMorgan, Danske Among Funds Exposed to Gowex Accounting Fraud
JPMorgan Chase & Co. and Danske Bank A/S funds are among investors exposed to Let's Gowex SA, the Spanish Internet startup that's filing for insolvency after saying it falsified accounts for at least four years. JPMorgan's Euroland Focus fund had 2.9 ...

It's showtime for MAGIC as state launches single accounting system
Mississippi state government is counting on big returns from a $100-million accounting system that integrates what previously were a handful of different systems used by state agencies, commissions and boards. Launched Tuesday, the system known as ...

County creates accounting associate's job
The Shawnee County Commission Monday created an accounting associate's position in its audit finance department. Commissioners Bob Archer, Kevin Cook and Shelly Buhler voted 3-0 to establish, advertise and fill the position requested by financial ...

Phillips Edison Names Chief Accounting Officer
Phillips Edison & Company, a real estate investment trust, has appointed Jennifer Robison as chief accounting officer. In her new role, Robison will be responsible for leading all aspects of the accounting function for the organization. With over 18 ...

Kenan-Flagler to launch online Master in Accounting
Following the success of its online MBA, [email protected], the Kenan-Flagler business school is to offer its Master of Accounting degree in an online format. The [email protected] degree will be 15 months in length compared with the 12-month campus-based ...

UNC to offer Master of Accounting degree online
The school announced Monday plans for the new online program, [email protected] Its students will be required to come to Chapel Hill for orientation, leadership development and recruitment, but they'll complete the remainder of their course requirements ...

Accounting MOVE Project names Best Accounting Firms for Women
The Accounting MOVE Project recently named both the 2014 Best Public Accounting Firms for Women and the Best Public Accounting Firms for Leadership Equity. Established in 2010 as a joint project of the American Society of Women Accountants and the ...

Why it's so hard to get a graduate accounting job in five graphs
Government data shows just why so many accounting graduates are finding it difficult to get that all-critical first foothold into the profession. The figures paint a picture of an occupation where demand remains low relative to other professions and ...

AccountMate 8.2 Accounting Software Releases Ahead of Schedule
AccountMate 8.2 for LAN was released today. The announcement was made to the AccountMate clients that this latest update for their Accounting Software system was available for download. This long-standing LAN product was first made available from ...

Campanella McDonald LLP, Chartered Professional Accountants, Announce ...
Campanella McDonald LLP, Chartered Professional Accountants, Announce ...

UNC to offer master's degree in accounting online
Starting July 2015, you'll likely be able to earn a master's of accounting degree from UNC-Chapel Hill's Kenan-Flagler Business School's highly-ranked program from the comfort of your couch. The school announced Monday plans for the new online program, ...

Accounting News Roundup: Inversions in One Chart; UNC's Online Masters ...
Accounting News Roundup: Inversions in One Chart; UNC's Online Masters ...

Cosmic accounting reveals missing light crisis
"Either our accounting of the light from galaxies and quasars is very far off, or there's some other major source of ionizing photons that we've never recognized," Kollmeier said. "We are calling this missing light the photon underproduction crisis ...

In case of emergency, accountants flying to cloud
Neil Singer, a partner at Singer & Singer in Melville, thought he had a solid plan in case his computer crashed. But five years ago, he had a rude awakening. His computer crashed, including his backup drive; he sent his hard drive to a third-party ...

'Railways need review of accounting standards'
He also felt that accounting standards of railways might need to be relooked at to make way for private sector. Vishwas Udgirkar, senior director, Deloitte Touche Tohmatsu, said that it was important to point out that PPP had been part of the railway ...

Amerisafe announces accounting department changes
Antoine Hawkins was named accounting manager. Hawkins began working for Amerisafe as an accountant intern in July 2006 while working toward a bachelor's degree in accounting at McNeese State University. Upon completion of his degree, Hawkins was ...

Cochran camp says it 'screwed up' cash accounting
Mississippi Republican candidate, Sen. Thad Cochran speaks at a reelection rally on his behalf at the Mississippi War Memorial in Jackson, Miss., Monday, June 23, 2014. Voters head to the polls in seven states Tuesday, and two of the longest serving ...

Letter - The accounting truth: Sheriff's budgeting is sound
When Sheriff John Turner took office in 2011 I spent a large amount of time reviewing several years of the Walla Walla County and Sheriff's Office financial reports in order to fully understand the budgeting and accounting process. As a Certified ...

Florida's accounting system buckling under transactions
State officials have been staggering payments to schools and health care providers, due to the accounting software's inability to process $1 billion or more in a single 24-hour period. The state has been hitting the daily transaction limit due to ...

Mecanagro Promotes Regional Seminar On Good Practices and Accounting ...
Mecanagro Promotes Regional Seminar On Good Practices and Accounting ...

Top Regional Accounting firm, Janover LLC, Continues to Grow
Janover LLC , Certified Public Accountants and advisors announced that Arthur J. Radin , Elliott M. Glass and Marsha P. Ellowitz of Radin, Glass & Co. , LLP, along with their professional and support personnel, will be joining Janover LLC in their New ...

Cochran campaign says it 'screwed up' cash accounting report to FEC
Cochran campaign says it 'screwed up' cash accounting report to FEC. By Rick Moran. The Thad Cochran campaign says it "screwed up" accounting reports it filed with the FEC that seemed to indicate a staffer had been reimbursed cash for "campaign ...

Accounting Firms: Why You Need One, And Where To Find Them
However, accountants can provide much-needed expertise across a number of fields, particularly as it relates to byzantine and ever-changing tax laws. They're also able to help you save money and navigate any debt problems you may have, possibly getting ...

Top 5 Accounting Software For SMBs
If you own a small business, you can likely benefit from using accounting software made for the typical SMB. There are so many programs available that it's hard to choose the best one. In general, accounting software will reduce your stress by ...

Ventas Audit Reports Pulled Due to Inappropriate Relationship
The company also announced that the accounting firm had notified Ventas that it has withdrawn its audit reports for 2012 and 2013, according to a Ventas filing with the Securities and Exchange Commission. E&Y also notified Ventas that its procedures ...