
Publisher's Note
Our little baseball math challenge that we put out to you earlier this month has produced a wide range of theories and estimates.
AccountingWEB thanks everyone who has participated thus far. Please post your
comments and interpretations to this running list.
If you would like to offer a math challenge to the AccountingWEB audience, please
e-mail me.
Rob Nance
Publisher
AccountingWEB, Inc.
publisher@accountingweb.com
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Why You Should Work in London
In many cases the hardest thing about leveraging a geoarbitrage
a strategy is finding the actual opportunities... What this
tells me is that I should find work in London, get paid in
pounds (GBPs), and live in North Carolina...
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Private Company Stock Exchanges
Last month I wrote a blog entry on with SecondMarket which is
trying to establish a way for holders of private company stock
to trade stocks....
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Live from the Maryland Biz Expo, Part 2
As the MD Biz Expo floats into the final hour, I am reflecting
on the very worthwhile week this has been. That opinion is not
solely mine; it is shared by everyone I have met....
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Questions & Advice
Pre-trades on equipment
Need to know how you would set up accounts for a pre-trade in on
some equipment that can be sold before the original equipment
comes in.
Add your input!
Delinquent Reports of For. Bk. Accts. Form 90-22.1
For years, one of my oldest friends has been delinquent with his
returns. He lives in Europe and travels constantly. I finally
got him caught up, and now he is finally going to file his first
and timely TDF 90-22.1. He has not filed all his many past-year
Reports of Foreign Bank Accounts, going back to 2002....
Share your suggestions!
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Archives
Visit AccountingWEB's complete archives, and current quiz by following the links below:
E-Newsletters, Supplements, and Audio Features
This week's CPA review
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Top News
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IRS calls on Congress to repeal "burdensome" cell phone tax rules

Just days after announcing a new attempt to get a handle on
taxing the business portion of cell phone use by suggesting a
flat 75% business/25% personal division of expenses on cell
phones used as business phones for purposes of determining tax
deductible expenses, IRS Commissioner Doug Shulman has suddenly
changed gears and is asking Congress to repeal the designation
of cell phones as listed property.
more >>
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Wither Conficker?
Innumerable computers are still infected by one of the five
known variants of the virus....
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Taxation of virtual goods is on the drawing board
The National Taxpayer Advocate has raised the question of
whether the tax code should allow for tax-free transactions of
virtual goods....
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A new era of GAAP research begins soon. Are you prepared? You can be with Checkpoint®
On July 1, 2009, pending approval by the FASB, the FASB Accounting Standards Codification will become the single official source of authoritative, nongovernmental U.S. generally accepted accounting principles (GAAP). As a subscriber to FASB standards on Checkpoint, you will have all the tools you need to effectively manage the transition to the Codification when it becomes effective.
Checkpoint subscribers will have access to all of the "pre-codification" standards, and will benefit from time-saving links between the FASB Accounting Standards Codification and the pre-Codification standards for easy reference. If you have any questions about the FASB Accounting Standards Codification on Checkpoint, please call 1.800.950.1216 or visit ria.thomsonreuters.com.
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Featured Articles
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Sustaining your business: What are you waiting for?

Business owners and leaders are looking for new ideas on how to
sustain their businesses in the midst of uncharted and uncertain
times. They have found many of their traditional methods and
approaches are deficient from the standpoint of sustaining past
levels of growth and profitability. These leaders now understand
that business innovation needs to live side-by-side with their
past methods, processes, products and services.
more >>
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The MacGyver approach to starting a financial business
Entrepreneurs who are starting their own accounting or finance
business in the current economy could learn a lot from our
friend Mr. MacGyver....
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AICPA responds to CPA exam myths
"Another 71 - A CPA Exam Blog" recently posed these questions to
the AICPA in hopes of clearing up some confusion about the
infamous exam....
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Get Your A&A Updates Without Leaving the Office!
Stay on top of the A&A developments that directly affect your clients and your practice with convenient live webcasts from CPE Link.
Quarterly A&A Update webcasts start July 31 and will keep you up to date with what's happening with audit and accounting pronouncements. You'll stay current while you listen to industry leading, cutting edge commentary. Learn to implement the current risk assessment standards and comply with ever-changing peer review standards. Earn 2 CPE hours for each webcast. Register now for all four CPE Link A&A Updates and save $50.
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