November 13, 2008

Publisher's Note Pannell Kerr Forster of Texas, P.C. publishes a really solid periodical called the LEADING edge. One tip in the magazine, which I had heard in the past but never implemented, is this:   Never start a meeting on the hour.  Start a meeting at 10:55 a.m., for example, instead of 11:00 a.m.  This way, attendees will know that the stated start time is the start time.   Do you have any tips like this that you would like to share with AccountingWEB readers?  Please do.  There’s a coffee mug in it for you, too.  E-mail your tips here. Rob Nance Publisher AccountingWEB, Inc. publisher@accountingweb.com Commitment Means Acting Despite Your Doubt... When to Call a Lawyer IASCF Sends Message To Pres. Bush, G20; Will SEC IFRS Roadmap Be Released At G20? GM says could be out of cash; raises a going concern issue? Questions & Advice Accounting for Lease Buyouts A company is currently leasing hardware equipment and is planning to buy it at the end of the third year for a residual value of $50K. Is this going to be an capital asset and is its useful life still 5 years from the date of acquisition or should the useful life be counted from the lease start date? What about best practices? Add your input! Tax consequences of buying real estate below market value What are the tax consequences of purchasing a home (for use as a rental property) from a parent at 80,000 below market value? Share your suggestions today! Free Whitepapers B-to-B Marketing in 2008: Trends in Strategies and Spending Best Practices for Optimizing Web Advertising Effectiveness

Top News Deloitte accuses former partner of insider trading Deloitte has filed a lawsuit against a former partner in its Chicago office, contending the man traded on inside information related to audit clients. more >> PwC pays $97M to Ohio pension funds in AIG case IRS announces record-breaking 2008 e-file statistics Student/Career News Economy not expected to impact hiring of college grads Employers have revised original hiring projections and now expect their college hiring to stay even with last year's levels, according to a new report from the National Association of Colleges and Employers (NACE). more >> Texas CPA Society honors outstanding educator Illinois CPA Society offers scholarships to accounting students relationships Firm/State/People News IGAF Firms Interview with Humberto Torres-Rodriguez of TorresCPA Group Before joining TorresCPA Group in San Juan, Puerto Rico as partner, Humberto Torres-Rodriguez managed his own firm for twenty years, where he worked to create a different environment, one with a focus on people and team effort, that would lead to greater productivity and outstanding client service. In TorresCPA, he says he has found a firm with the same commitment to client relationships, developing people, and in-house mentoring more >> ASWA names woman accountant of the year ASWA recognizes work life balance with 2008 awards

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