It's always exciting to see new legislation come down the road
that will provide additional opportunities for accountants to
continue to make a living. The new Housing and Economic Recovery Act of 2008 that is awaiting President Bush's
signature promises to befuddle many the taxpayer and, from an
accounting standpoint, that is good news. Whether you agree or
not that it makes sense to take the tax dollars paid by
taxpayers who aren't having financial problems and siphon them
off to people who have gotten themselves into housing messes,
there's no argument that additional tangling of the Tax Code
means more people will be knocking on the doors of their
accountants. Is that why we keep voting for these legislators?
Gail Perry, CPA
Senior Financial Manager
CHAN Healthcare Auditors
Eau Claire, Wisconsin
Accounting for Insurance claim check
A reader's company had an insurance claim for a stolen laptop
and needs to know how to categorize the insurance proceeds.
Share your suggestions today!
Read and Respond Now
Can you help a reader distinguish between an accountant and a
bookkeeper? Add your input!
Read and Respond Now
What have you got to say today?
Purchasing Windows XP
As you may or may not know, retailers can no longer sell
computers with Windows XP preinstalled. Microsoft designated
June 30, 2008 as the end-of-life for Windows XP. However, if
you absolutely have to have Windows XP on your next computer
there is another option....
Bill Kennedy, CA.IT, PMP:
Security Officer Goes Postal
The Toronto Globe and Mail newspaper ran a story about a city
of San Francisco computer engineer who changed the security
passwords on his employer's system. The system still works, but
nobody can get in to set up new users, change passwords etc.
The man, Terry Childs, is languishing in a local jail with bail
set at $5,000,000. As an accountant, should you care?
Allan Boress, CPA:
Truth Be Told About Business Development Blog
Selling Fees Part 3: HOW To Discuss Fees
A good point to remember is that clients WANT to discuss fees;
they feel relieved doing so. They don't like bad surprises in
any of their buying decisions....
At Your Own Risk: How the Risk-Conscious Culture Meets the Challenge of Business Change
by Gary S. Lynch
Value chains. They define how your business is changing today due to globalization, technological advances, competition, outsourcing, and reliance on global interdependency. They also spell out how effectively your company identifies and manages risks that challenge your organization's resiliency.
Visit AccountingWEB's Training Center Today!
Licensing / Designations
Professional Development /
Conferences / Events
After several passes back and forth between the House and
Senate, on Saturday, in a rare weekend session, the U.S. Senate
voted 72 to 13 to pass the bi-partisan Housing and Economic
Recovery Act of 2008, a bill passed by the House last
Wednesday. President Bush has indicated he will sign the bill
into law in spite of several objections he has to the bill. more
PayPal turns over account records to IRS
Colorado man accused of bribing IRS agent with baseball tickets
Scott Ginsburg, aka "The Nametag Guy," was speaking recently at
the St. Louis Business Expo, and a lot of people came up to him
afterward with questions about blogging. Naturally, those
questions came with a fair amount of reasons for NOT blogging.
So, that inspired Ginsburg to write this list....
E-mail newsletters grow in popularity & help small businesses gain visibility
Business Intelligence on the rise among small businesses
Financial Executives International (FEI), the association for
financial executives, has announced that Susan Schmidt Bies,
Ph.D., former member of the Board of Governors for the Federal
Reserve, and John F. Ruffle, former Chairman of the Board of
FEI, have been selected as the 2008 class of inductees of the
FEI Hall of Fame.
HORNE LLP earns two nationwide marketing awards
LBMC Technologies to host annual technology event
In its 10-Q filing with the Securities and Exchange Commission
for the quarter that ended on May 25 this year, Levi Strauss
said the $47 million drop in profits from the equivalent period
last year reflected its implementation of an enterprise
resource planning (ERP) system at the beginning of the quarter.
IFRS in the USA: Be Prepared!
IAC University offers QuickBooks training online