Recent Accounting News
State Finances: Budget Pressures Will Crimp Spending - Kiplingers Business - June 17, 2008
Hard times for state governments will slow the economic recovery nationwide.
Inflation Figures Might Not Quell Price Fears - Kiplingers Business - June 17, 2008
Rising inflation expectations, due to steep food and energy prices, are as big a worry to the Federal Reserve as the actual numbers.
Security freeze better than fraud alert - Bankrate - June 17, 2008
A security freeze offers stronger protection than a fraud alert, says Dr. Don Taylor.
Bad economy no excuse for young debtor - Bankrate - June 17, 2008
A young woman who's deep in debt needs to get a job fast, says the Debt Adviser.
Deducting rental expenses - Bankrate - June 17, 2008
Rental condo expenses don't have to be offset by rental income, says CPA George Saenz.
KPMG internship program includes international travel, community service - Accounting Web - June 17, 2008
KPMG LLP, the U.S. audit, tax and advisory firm, has kicked off its summer internship program for over 1,500 student interns from across the country with a week-long training event in Anaheim, CA. The training program includes technical, leadership, networking and community service components. The majority of KPMG's new campus hires traditionally come from internships, making the program an important part of the firm's growth strategy.
Be prepared when disaster strikes: Five reminders from the Illinois CPA Society - Accounting Web - June 17, 2008
As many Illinois communities struggle with flood waters and storm damage, the Illinois CPA Society offers these five reminders to help you be as financially prepared as possible when disaster strikes.
Ex-Broadcom CFO: I Didn't Do It - CFO - June 17, 2008
Ruehle Launches Battle Against Fraud Charges in Backdating Case
CFO Leaves, Stock Tanks - CFO - June 17, 2008
A.C. Moore finance chief is heading for the private sector as the retailer's sales results sag.
Europe Regulator Targets Rating Agencies - CFO - June 17, 2008
The current code of a conduct governing the credit-rating agencies is a "toothless wonder" that should be buttressed by improved internal governance and strengthened external scrutiny, Charlie McCreevy contends.
LBO Tug-of-war Reaches Canada's High Court - CFO - June 17, 2008
Bondholders don't want the world's largest leveraged buyout to go through — and they have a good chance of getting their way.
Bullish Changes for Exchanges - Barron's - June 17, 2008
Valuations are down and investment banking trends favor the bourses.
Help For Auction-Rate Security Holders? - WSJ - June 17, 2008
Regulatory doors appear to have opened that could permit the creation of a new type of security to rescue stranded auction-rate preferred shareholders.
Salaries Go South - WSJ - June 17, 2008
Counting inflation, American workers actually earned less in May than in April, and substantially less than a year ago.
Lots of Selling at Big Lots - Barron's - June 17, 2008
Insiders at the discounter sold $2.9 million in the surging stock.
Business Survival in Tough Times - Site Headlines - June 4, 2008
I hear a lot of people question whether it is possible to make money in tough economic times. It is especially hard here in Michigan with jobs leaving the state, a down housing market, gas prices climbing, and negative media about it all. Many of my clients question whether to proceed with marketing plans, business expansions, etc. Although the exact plans each business should and should not make will differ based on their circumstances, the common theme throughout all of this is that you can make money, even expand (and should certainly continue to market) in tough times.
All Sides Warm to IFRS as Global Standard - CFO - June 4, 2008
The IASB plans to discuss the details of a monitoring group, much like what SEC chairman Cox envisions.
Bernanke Eyes Stronger Capital, Liquidity Rules - CFO - June 4, 2008
The Fed chairman will be looking for tougher disclosure requirements and firmer risk management.
Tangled Up at Big Blue: IBM Settles Expensing Suit - CFO - June 4, 2008
Disclosures related to expensing stock options in 2005 was at the crux of the controversy – the same facts and figures that led the SEC to question an IBM investor presentation.
Identity protection: Worth paying for? - MSN Finance - June 4, 2008
Consumer advocates say LifeLock's fraud alerts and other services are a waste of money, pointing out that it's quick and easy to do the same things yourself for free.
How to retire on $12,000 a year - MSN Finance - June 4, 2008
An old but often-overlooked strategy can dramatically cut what retirees spend on food, shelter and transportation. (And there could be social benefits in the bargain.)
Make a buck by shunning fat cats - MSN Money - May 28, 2008
Studies make it clear: Excessive executive pay and stock options aren't good for shareholders. A new fund aims to make money by avoiding those excesses.
Hard times for state governments will slow the economic recovery nationwide.
Inflation Figures Might Not Quell Price Fears - Kiplingers Business - June 17, 2008
Rising inflation expectations, due to steep food and energy prices, are as big a worry to the Federal Reserve as the actual numbers.
Security freeze better than fraud alert - Bankrate - June 17, 2008
A security freeze offers stronger protection than a fraud alert, says Dr. Don Taylor.
Bad economy no excuse for young debtor - Bankrate - June 17, 2008
A young woman who's deep in debt needs to get a job fast, says the Debt Adviser.
Deducting rental expenses - Bankrate - June 17, 2008
Rental condo expenses don't have to be offset by rental income, says CPA George Saenz.
KPMG internship program includes international travel, community service - Accounting Web - June 17, 2008
KPMG LLP, the U.S. audit, tax and advisory firm, has kicked off its summer internship program for over 1,500 student interns from across the country with a week-long training event in Anaheim, CA. The training program includes technical, leadership, networking and community service components. The majority of KPMG's new campus hires traditionally come from internships, making the program an important part of the firm's growth strategy.
Be prepared when disaster strikes: Five reminders from the Illinois CPA Society - Accounting Web - June 17, 2008
As many Illinois communities struggle with flood waters and storm damage, the Illinois CPA Society offers these five reminders to help you be as financially prepared as possible when disaster strikes.
Ex-Broadcom CFO: I Didn't Do It - CFO - June 17, 2008
Ruehle Launches Battle Against Fraud Charges in Backdating Case
CFO Leaves, Stock Tanks - CFO - June 17, 2008
A.C. Moore finance chief is heading for the private sector as the retailer's sales results sag.
Europe Regulator Targets Rating Agencies - CFO - June 17, 2008
The current code of a conduct governing the credit-rating agencies is a "toothless wonder" that should be buttressed by improved internal governance and strengthened external scrutiny, Charlie McCreevy contends.
LBO Tug-of-war Reaches Canada's High Court - CFO - June 17, 2008
Bondholders don't want the world's largest leveraged buyout to go through — and they have a good chance of getting their way.
Bullish Changes for Exchanges - Barron's - June 17, 2008
Valuations are down and investment banking trends favor the bourses.
Help For Auction-Rate Security Holders? - WSJ - June 17, 2008
Regulatory doors appear to have opened that could permit the creation of a new type of security to rescue stranded auction-rate preferred shareholders.
Salaries Go South - WSJ - June 17, 2008
Counting inflation, American workers actually earned less in May than in April, and substantially less than a year ago.
Lots of Selling at Big Lots - Barron's - June 17, 2008
Insiders at the discounter sold $2.9 million in the surging stock.
Business Survival in Tough Times - Site Headlines - June 4, 2008
I hear a lot of people question whether it is possible to make money in tough economic times. It is especially hard here in Michigan with jobs leaving the state, a down housing market, gas prices climbing, and negative media about it all. Many of my clients question whether to proceed with marketing plans, business expansions, etc. Although the exact plans each business should and should not make will differ based on their circumstances, the common theme throughout all of this is that you can make money, even expand (and should certainly continue to market) in tough times.
All Sides Warm to IFRS as Global Standard - CFO - June 4, 2008
The IASB plans to discuss the details of a monitoring group, much like what SEC chairman Cox envisions.
Bernanke Eyes Stronger Capital, Liquidity Rules - CFO - June 4, 2008
The Fed chairman will be looking for tougher disclosure requirements and firmer risk management.
Tangled Up at Big Blue: IBM Settles Expensing Suit - CFO - June 4, 2008
Disclosures related to expensing stock options in 2005 was at the crux of the controversy – the same facts and figures that led the SEC to question an IBM investor presentation.
Identity protection: Worth paying for? - MSN Finance - June 4, 2008
Consumer advocates say LifeLock's fraud alerts and other services are a waste of money, pointing out that it's quick and easy to do the same things yourself for free.
How to retire on $12,000 a year - MSN Finance - June 4, 2008
An old but often-overlooked strategy can dramatically cut what retirees spend on food, shelter and transportation. (And there could be social benefits in the bargain.)
Make a buck by shunning fat cats - MSN Money - May 28, 2008
Studies make it clear: Excessive executive pay and stock options aren't good for shareholders. A new fund aims to make money by avoiding those excesses.