Accounting Today articles from June 2004

Accounting Today archives from June 2004

'Sherlock Holmes of accounting': forensics and fraud move to the top of specialty chart.
June 7, 2004... Nearly two years after President George W. Bush signed Sarbanes-Oxley into law, there has been an enormous upheaval in the world of forensic accounting. As an example of that surge in investigative auditing, Accounting Today's 2004 Top 100...

AICPA Tech confab: fear but no loathing in Vegas.(American Institute of Certified Public Accountants)
June 7, 2004... LAS VEGAS -- Security issues and the paperless office may have been the top-attended sessions and most-discussed topics here at the 24th annual Information Technology Conference hosted by the American Institute of CPAs, but the most onmipresent...

The battle heats up over Net access tax.
June 7, 2004... A debate over the issue of Internet access taxation continues to rage in Congress, where the latest development is the Senate's recent passage of a bill providing a four-year moratorium on the controversial taxes. The Internet Tax...

Communication breakdown.(Action Idea)(Brief Article)
June 7, 2004... Constantly disappointed by your employees? Maybe the problem is you and your communication skills! * Managing by e-mail. It may seem quick and efficient, but it creates distance and lowers morale. Direct contact helps create trust and a...

Plante & Moran finalizes merger.(Plante & Moran P.L.L.C.)(Brief Article)
June 7, 2004... SOUTHFIELD, MICH. -- Regional accounting giant Plante & Moran has completed its foray into the Chicagoland market with the finalization in mid-May of its merger with Gleeson, Sklar, Sawyers & Cumpata LLC. The combined firm is expected to have...

Hood to step down as Accpac CEO.(David Hood)(Accpac International)(Brief Article)
June 7, 2004... IRVINE, CALIF. -- In a move that marks the solidification of recently acquired business management software maker Accpac International into the Best Software family, Accpac chief executive David Hood announced that he will leave the company at...

Ex-Andersen execs file for IPO.(Planning for Initial public offerings)(Brief Article)
June 7, 2004... CHICAGO -- Huron Consulting Group Inc., the business consulting concern formed by several former Andersen employees after the accounting giant's collapse, plans to go public. According to the company's registration statement, filed with...

Correction.
June 7, 2004... Correction Notice In "Time and billing--still an important task" (Accounting Today, May 3-16, 2004, page 25), BothWorlds Software's time & billing product was incorrectly identified as ImageTime. It is actually ImagineTime.

Jobs sails through Senate: measure laden with special interest clauses.(Top of the news: the complete chronicle of news and trends shaping the profession)(Jumpstart Our Business Strength bill )
June 7, 2004... Hoping to head off monthly increases in sanctions against U.S. manufacturers, the Senate passed the Jumpstart Our Business Strength bill on a 92-5 vote. The passage came at a cost, howeverl, with numerous add-ons making the final shape of the...

Its reputation plunging, EU races to accrual standards.(Accounting abroad: report from Europe)(European Union)
June 7, 2004... BRUSSELS -- Upgrading the European Union's budgetary accounting systems to full accrual standards may not sound exciting--but it involves a race to head off attacks on the continent's political unification process following a series of...

FAF blast House options reform bill.(Top of the news: the complete chronicle of news and trends shaping the profession)(Financial Accounting Foundation)(Brief Article)
June 7, 2004... NORWALK, CONN. -- The Financial Accounting Foundation, the body charged with funding oversight and member selection for both the Financial Accounting Standards Board and the Governmental Accounting Standards Board, has come out against the...

Professional organizations.(Web Cites)(directory)(Brief Article)(Directory)
June 7, 2004... * Association of Certified Fraud Examiners--www.cfenet The 26,000-ntember ACFE offers the Certified Fraud Examiner accreditation. Their site has links, products, services, CPE and more. * Association of College and University...

Deloitte chair feted for leadership.(Footnotes)(Brief Article)
June 7, 2004... DELOITTE CHAIR FETED FOR LEADERSHIP: Last month, Deloitte & Touche chairman Sharon Allen was named Outstanding Citizen and Business Leader at the University of Idaho's 109th commencement. The honor given to the Big Four accounting firm...

Maryland firm donates angler winnings.(Footnotes)(Buchanan & Mitchell)(Brief Article)
June 7, 2004... MARYLAND FIRM DONATES ANGLER WINNINGS: Councilor Buchanan & Mitchell, a Bethesda, Md.-based CPA and management advisory firm, donated its winnings from the recent annual Pro-Am fishing tournament to the Sarah Howard Childhood Cancer Fund. ...

Firms warn PCAOB against too much audit disclosure.(Public Company Accounting Oversight Board)
June 7, 2004... WASHINGTON, D.C. -- Searching for a devil in the details of accounting standard amendments proposed by the Public Company Accounting Oversight Board, top CPA firms and professional leaders recently cautioned the PCAOB against imposing...

AIMR changes its name to emphasize the CFA program.(Association for Investment Management and Research)(Chartered Financial Analyst)
June 7, 2004... DENVER -- In an effort to promote both its Chartered Financial Analyst credential and its mission outside North American borders, the 70,000-member Association for Investment Management and Research has rechristened itself the CFA Institute....

Professionals only.(Opinion: the free and open forum for the tax and accounting community)
June 7, 2004... Despite being CPAs and preparing thousands of tax returns, have you ever had cause to wonder exactly why some people put what they do on their 1040s under the category "occupation?" For instance, does Steven Seagal list his primary...

Conversations with Ira Zar.(Accounting Annotations)(ex-chief financial officer of Computer Associates)
June 7, 2004... Computer Associates' ex-chief financial officer, Ira Zar, recently pled guilty to securities fraud, along with David Kaplan, David Rivard and other executives. Zar and others admitted to cooking the books and overstating net income. The...

The real challenge of uniformity.(Commentary)
June 7, 2004... I have read with interest the various articles Lou Grumet and others have written over the past year debating the concept of an interstate compact. Mr. Grumet's latest column (Accounting Today, April 19-May 2, 2004, page 6), in which he...

E-filing: not all it's cracked up to be.(Letters)(Letter to the Editor)
June 7, 2004... Regarding your editorial concerning your puzzlement that more accountants, including your own, do not embrace e-filing ("Tax trends and the cable community, April 5-18, 2004, p. 6), I feel, as an accountant of 40 years, I must defend the flag....

Let the force be with you.(Practice Management)
June 7, 2004... If the force is not with you, then it is against you. While I am not talking about the dark side of the force from the Star Wars movies, this force may have the same destructive effect on your firm. Do you ever wonder why your best plan is...

Mutual fund capital gains to be taxed at lower rates.(Taxing Issues)(Brief Article)
June 7, 2004... MUTUAL FUND CAPITAL GAINS TO BE TAXED AT LOWER RATES: The Internal Revenue Service and the Treasury Department have clarified that capital gain dividends received from a mutual fund in 2004 will be taxed at the new, lower capital gain rates...

IRS warns of ID theft scheme.(Taxing Issues)(Brief Article)
June 7, 2004... IRS WARNS OF ID THEFT SCHEME: Taxpayers who give personal information to combat charges that they are under investigation for tax fraud are opening themselves up to identity theft, according to the Internal Revenue Service. In this ploy,...

IRS offers deal to 'Son of boss' participants.(Taxing Issues)(Brief Article)
June 7, 2004... IRS OFFERS DEAL TO 'SON OF BOSS' PARTICIPANTS: As part of its efforts to curb tax shelters, the Internal Revenue Service is urging taxpayers who invested in an abusive tax shelter known as "Son of BOSS" to accept a settlement offer--or face...

Perplexed about tax nexus? You can blame all 50 states.(Tax practice: the special report on news and trends for the tax professional)
June 7, 2004... The activities of a corporation that are sufficient to create a taxable nexus vary so much front state to state that the same company with relatively light activity in one state might be subject to tax in that state--and yet not be subject to...

Pension funding legislation: first step in reform process.(Tax Strategy)
June 7, 2004... President George W. Bush signed the Pension Funding Equity Act of 2004 on April 10, just in time to allow companies to use the lower interest rate assumptions permitted by the act to reduce required pension contributions due on April 15, 2004....

Court orders KPMG to give up shelter participants.(Tax practice: the special report on news and trends for the tax professional)(Brief Article)
June 7, 2004... NEW YORK -- A federal judge has granted an Internal Revenue Service petition to enforce nine summonses against Big Four firm KPMG LLP, ordering it to disclose the identity of participants in tax shelters promoted by the firm. The ruling by the...

NaviSite set to acquire CRM vendor.(Tax practice: the special report on news and trends for the tax professional)(Mergers, acquisitions and divestments)(Brief Article)
June 7, 2004... NEW YORK -- Application and management services provider NaviSite is acquiring Microsoft CRM and PeopleSoft vendor Surebridge. Under the terms of the agreement, NaviSite will acquire the assets of Surebridge in exchange for two promissory...

NVIDIA dismisses KPMG.(Change Of Auditors)(Brief Article)
June 7, 2004... NVIDIA DISMISSES KPMG: Nvidia Corp., a manufacturer and marketer of 3D graphics processors and software, dismissed auditor KPMG and retained Big Four rival PricewaterhouseCoopers as its replacement, according to a federal filing. In March,...

IHOP, PWC part ways.(Change Of Auditors)(PricewaterhouseCoopers)(Accounting and auditing, contracts)(Brief Article)
June 7, 2004... IHOP, PWC PART WAYS: IHOP Corp., a 1,200-unit family restaurant operator and franchisor, severed its relationship with long-time auditor PricewaterhouseCoopers and hired Ernst & Young as its successor. IHOP said that its audit committee...

National Energy hires GT.(Change Of Auditors)(Grant Thornton)(Brief Article)
June 7, 2004... NATIONAL ENERGY HIRES GT: National Energy Group Inc. has hired Grant Thornton as its independent accountant, replacing its incumbent auditor, Big Four firm KPMG. In a filing the company said that its audit committee made the decision based...

ATP taps Deloitte.(Change Of Auditors)(Accounting and auditing)(Brief Article)
June 7, 2004... ATP TAPS DELOITTE: ATP Oil & Gas Corp. named Deloitte & Touche as its fiscal 2004 auditor, replacing KPMG. KPMG, which served as the company's auditor for roughly seven years, didn't issue an adverse opinion or disclaimer of opinion on...

AIA calls for reflection on the purpose of accounting.(Assurance: technical developments, professional issues and engagement changes)(Association for Integrity in Accounting )
June 7, 2004... The Association for Integrity in Accounting has recently issued a white paper that probes and questions the very foundations of accounting, its purposes and the education of its practitioners. Paul F. Williams, one of the paper's authors...

Option rules may change behavior for the better.(The Spirit Of Accounting)
June 7, 2004... Assuming that the Financial Accounting Standards Board follows through and requires expensing of stock options, we expect a noticeable decline in new option grants. However, we disagree with those who think that this change will hurt the...

Pension crises spur companies to change plabs.(PFP Briefs)(Management and surveys Pension funds)(Brief Article)
June 7, 2004... PENSION CRISES SPUR COMPANIES TO CHANGE PLANS: Beset by increased costs, falling investment returns and pressure to limit future risk, more than half of the 125 companies participating in a Deloitte Consulting survey said that they are...

GE Financial unveils new retirement product.(PFP Briefs)(flexible product rider offering to investors )(Brief Article)
June 7, 2004... GE FINANCIAL UNVEILS NEW RETIREMENT PRODUCT: GE Financial has rolled out GE Guaranteed Income Advantage, a new, flexible product rider offering investors who purchase a GE Life and Annuity Assurance Co. variable annuity the ability to build a...

Most Americans trapped by retirement plans.(PFP Briefs)(Brief Article)
June 7, 2004... MOST AMERICANS TRAPPED BY RETIREMENT PLANS: Some 64 percent of Americans are currently enrolled in retirement plans that don't allow them to make adequate adjustments to their investments in response to market pressures or life changes,...

Planning experts--portfolios must be 'sustainable'.(PFP Briefs)(Brief Article)
June 7, 2004... PLANNING EXPERTS--PORTFOLIOS MUST BE 'SUSTAINABLE:' Ensuring that your financial planning clients enjoy a sustained income stream following retirement hinges largely on successfully balancing their portfolios between annuitized and...

Despite uptick, advisors still tell clients to diversify.(Financial planning: news and strategies for the personal financial planners)
June 7, 2004... What a difference a year makes. After three consecutive years of down, down, down, the equity markets have rebounded. Investors now add up the double-digit percentage gains in portfolios. And the advisors' role of managing expectations has...

Child support or alimony?(Financial Planning Tax Tactics)
June 7, 2004... To the extent that a payment under a divorce or separation instrument is fixed or treated as fixed as support for a child of the payor spouse, it will not be treated as alimony. Thus, such a payment is not deductible by the payor or...

Clients benefit in retirement plan software war.(Software Review)(Product/Service Evaluation)
June 7, 2004... As the Baby Boomers age, every accounting firm will, by necessity, be carded into some level of pension, retirement and estate planning. This means that every accounting office will need software appropriate to these tasks. And, as...

Accpac gives accounting software to schools.(Tech Briefs)(marketing)(Brief Article)
June 7, 2004... ACCPAC GIVES ACCOUNTING SOFTWARE TO SCHOOLS: Accpac International Inc., a Best Software company, is reaching out to the educational community by malting its Simply Accounting and Accpac Advantage Series Corporate Edition products available for...

Intuit drops direct sales force for MasterBuilder.(Tech Briefs)(marketing)(Brief Article)
June 7, 2004... INTUIT DROPS DIRECT SALES FORCE FOR MASTERBUILDER: Tax and accounting product maker Intuit Inc. has revamped its sales and installation programs for its MasterBuilder construction software by dropping its direct sales force in favor of a...

Sage sells datafaction back to founder.(Tech Briefs)(Mergers, acquisitions and divestments)(Brief Article)
June 7, 2004... SAGE SELLS DATAFACTION BACK TO FOUNDER: Datafaction, the first company purchased by the former Softline Software when it entered the North American accounting software market, has been sold back to its founder. Sage Group Plc, which...

Best offering online payroll service.(Tech Briefs)(service introduction)(Brief Article)
June 7, 2004... BEST OFFERING ONLINE PAYROLL SERVICE: Best Software has rolled out the Peachtree Payroll Service, a full-service, Internet-based payroll solution for small businesses that synchs with Peachtree accounting products to facilitate integration with...

Tech consultants look to SOX 404 for new business.(Technology: news and trends in information systems and electronic commerce)(Sarbanes-Oxley Act)
June 7, 2004... Business opportunities related to Section 404 of the Sarbanes-Oxley Act are not just for CPA firms anymore. A growing number of technology consultants and accounting product resellers are starting to see how they, too, can gain from the...

Crisis management: turning a crisis into an opportunity.(Consultant Concerns)(crisis management team)(Column)
June 7, 2004... In my last article, we reviewed why we should have a crisis management plan in place for situations such as a client lawsuit, the loss of a major client or key employee, or an unexpected death. This article identifies the components, or steps,...

Entry-level accounting: the lines are blurring.(Software Review)(Product/Service Evaluation)
June 7, 2004... Accounting software isn't always easy to classify or stratify. In the past, applications that were sold through the retail channel have been thought of as low-end or low-cost. While these packages may not hit your or your clients' budgets...

Tax outsourcing and the 2004 results.(Boomer's Blueprint)
June 7, 2004... Outsourcing has enjoyed a four-fold growth this past tax season, while the quality has improved and turnaround times have dropped to approximately 24 hours. This is quite amazing given the nature of the industry and the fact that it is...

Office Tools Pro 2004.(Software)
June 7, 2004... Small and midsized accounting firms looking for a comprehensive practice management application need look no further than Giardina & Associates' recently released Office Tools Pro 2004, which includes time & billing, contact management,...

LinkMaestro.(Software)
June 7, 2004... Centage Corp's LinkMaestro provides data integration between Best Software's MAS 90/200 accounting and business management software and Centage's Budget Maestro. Designed to automate routine processes like the transfer of general ledger...

Estate planning expertise.(Software)
June 7, 2004... Online research isn't just for tax preparers anymore: CCH's Estate Planning Expert Library offers a comprehensive research resource for professionals who draft estate plans and administer trusts and estates. Available online by...

Hand Held Solutions.(Software)
June 7, 2004... Open Systems has released Traverse Hand Held Solutions, a suite of applications designed to keep mobile professionals connected. Anywhere and anytime, users with a PDA can check client information, add new customers, scan inventory items, and...

Marketing strategies.(Books)
June 7, 2004... In "101 Marketing Strategies for Accounting, Law, Consulting, and Professional Services Firms," sales and marketing guru and Rainmaker Academy founder Troy Waugh's goal is to teach professionals how to sell, not to turn them into salesmen. ...

Internal controls.(Books)
June 7, 2004... After the financial scandals of the past few years, it would be easy to assume that no one in business is familiar with the notion of internal controls, which is why "A Primer on Internal Controls and Auditing: Crucial to Government and the...

'Time Power'.(Books)
June 7, 2004... "Time management," according to author and renowned consultant Brian Tracy, "is really life management." Tracy's new book, "Time Power: A Proven System for Getting More Done in Less Time Than You Ever Thought Possible," is the result of over...

'The Partnership Charter'.(Books)
June 7, 2004... Studies have shown that a majority of the fastest growing companies are partnerships--but the hard fact is that many partnerships fizzle shortly after they start. How to reconcile the partnership's potential with its pitfalls? David Gage,...

Managing customers.(Books)(Brief Article)
June 7, 2004... "Managing Customer Relationships: A Strategic Framework," by Don Peppers and Martha Rogers, is a compendium of the best of the best practices that have emerged from the past decade's revolution in the art and science of building a strong...

Hiring and firing.(Books)
June 7, 2004... The subtitle of "Fair, Square & Legal" says it all: "Safe Hiring, Managing & Firing Practices to Keep You & Your Company Out of Court." And who wants to go to court? The book, by training and development expert Donald It. Weiss, is...

Kroll Zolfo Cooper LLC.(California)(Brief Article)
June 7, 2004... Troy Dahlberg and Christian Tregillis have joined the Los Angeles office of Kroll Zolfo Cooper LLC as managing directors. Dahlberg, who will serve as leader of the firm's West Coast Forensic Accounting & Litigation Consulting Practice, was...

Stonefield Josephson Inc.(California)(Brief Article)
June 7, 2004... Rick Poole has been promoted to officer at Stonefield Josephson Inc., Irvine. He specializes in serving the health care community....

Holthouse Carlin & Van Trigt LLP.(California)(Brief Article)
June 7, 2004... Douglas J. Nakakihara, a senior manager in the Long Beach office of Holthouse Carlin & Van Trigt LLP, has been awarded the Certified Information Technology Professional credential from the American Institute of CPAs....

Gale Case, principal with the Beverly Hills office of Rothstein Kass, has been selected to recieve the Distinguished Service Award from the California Society of CPAs.(California)(Brief Article)
June 7, 2004... Gale Case, principal with the Beverly Hills office of Rothstein Kass, has been selected to recieve the Distinguished Service Award from the California Society of CPAs. He has been active in the society since the curly 1980s.

Bondi & Co. LLC.(Colorado)(Brief Article)
June 7, 2004... Katie Alexander and Eric Waser have joined Bondi & Co. LLC, Denver, as tax manager and staff accountant, respectively. Alexander brings 11 years of experience, most recently with a Big Four firm. Waser previously worked as accounting manager...

Arthur J. Dichter has joined Berkowitz Dick Pollack & Brant CPAs and Consultants LLP, Miami, as a manager in International Tax Services.(Florida)(Brief Article)
June 7, 2004... Arthur J. Dichter has joined Berkowitz Dick Pollack & Brant CPAs and Consultants LLP, Miami, as a manager in International Tax Services. He brings several years of experience at Deloitte & Touche. Felipe Guaqueta has joined the firm as a...

David A. Katzman, of Goldstein Lewin & Co., Boca Raton, has earned the Personal Financial Specialist.(California)(Brief Article)
June 7, 2004... David A. Katzman, of Goldstein Lewin & Co., Boca Raton, has earned the Personal Financial Specialist credential from the American Institute of CPAs....

Florida Institute of CPAs'.(Florida)(Certified Public Accountants)(Brief Article)
June 7, 2004... Deborah Garringer, president and CEO of Carter, Belcourt & Atkinson PA, Lakeland, has been appointed to the Florida Institute of CPAs' Certified Audit Program Task Force.

Katz, Sapper & Miller LLP.(Indiana)(Brief Article)
June 7, 2004... Beth Scott has joined Katz, Sapper & Miller LLP, Indianapolis, as a paraprofessional in the Business Advisory Group.

Alliance of Merger & Acquisition Advisors.(Illinois)(Brief Article)
June 7, 2004... Sid Shaver, a shareholder at Weinstein Spira, has been appointed a chair on the Executive Board of the Alliance of Merger & Acquisition Advisors, Chicago, and chairman of the Certification Committee. He has been involved with the group since...

Bergan Paulsen & Co. PC.(Iowa)(Christopher J. Honkomp)(Brief Article)
June 7, 2004... Christopher J. Honkomp has been named a partner at Bergan Paulsen & Co. PC, Cedar Rapids....

Lutheran Services.(Iowa)(Brief Article)
June 7, 2004... Gordon R. Epping, of Honkamp Krueger & Co. PC, Hiawatha, has been named vice chairman of the Board of Directors of Lutheran Services in Iowa.

Margery L. Piercey, a principal in the Commercial Accounting and Audit Group of Wolf & Co. PC.(Massachussetts)(Brief Article)
June 7, 2004... Margery L. Piercey, a principal in the Commercial Accounting and Audit Group of Wolf & Co. PC, Boston, was chosen to receive the 2004 Accounting Alumni Award from the University of Massachusetts, Amherst....

Tofias PC.(Massachussetts)(Brief Article)
June 7, 2004... Marc Bushy, chief marketing officer of Tofias PC, Cambridge, has been elected a director of the firm.

Michigan Accountancy Foundation.(Michigan)(Brief Article)
June 7, 2004... Dennis M. Echelbarger, founder and president of Echelbarger, Himebaugh, Tamm & Co. PC, Grand Rapids, and Edward J. Dupke, a principal in the Rehmann Consulting Division of the Rehmann Group, have been appointed to the Board of Trustees of the...

AICPA.(Minnesota)(American Institute of Certified Public Accountants)(Brief Article)
June 7, 2004... Brian A. Schebler, director of services to the public sector at McGladrey & Pullen LLP, Bloomington, has been appointed to serve on the AICPA's Government Audit Quality Center Executive Committee.

Stone Carlie & Co. LLC.(Missouri)(Brief Article)
June 7, 2004... Rob Wilson has joined the Tax and Business Services Department of Stone Carlie & Co. LLC, Clayton, as a senior accountant. Tim Delabre and Jeff Parker have also joined the department....

Joseph C. Sansone Co.(Missouri)(State and Local Tax Department of Joseph C. Sansone Co.)(Brief Article)
June 7, 2004... James Crosland has joined the State and Local Tax Department of Joseph C. Sansone Co., St. Louis, as a director. He has been with the firm for eight years....

Anders Minkler & Diehl LLP.(Missouri)(Brief Article)
June 7, 2004... G. William Kennedy has joined the Valuation and Litigation Services Group at Anders Minkler & Diehl LLP, St. Louis, as principal and co-director. Kennedy is a member of the AICPA's Business Valuation Hall of Fame, and chair of its Accredited in...

Financial Executives International, Florham Park, has presented Myles Kelly with its 2004 Distinguished Service Award, in honor of his contributions to FEI's development.(New Jersey)(Achievements and awards)(Brief Article)
June 7, 2004... Financial Executives International, Florham Park, has presented Myles Kelly with its 2004 Distinguished Service Award, in honor of his contributions to FEI's development. He retired as controller of Ameron International Corp. in 1991, and...

M.D. Oppenheim & Co. PC.(New Jersey)(Brief Article)
June 7, 2004... Steven Cerbone has been promoted from supervisor to manager at M.D. Oppenheim & Co. PC, Iselin, where he specializes in nonprofit and governmental audits.

New York State Public Accountancy Board.(New York)(Brief Article)
June 7, 2004... J. Dwight Hadley, chief financial officer of the Albany County Airport Authority, was elected chair of the New York State Public Accountancy Board....

Berdon LLP.(New York)(appointments)(Brief Article)
June 7, 2004... Hamilton Dimaya has joined the Benefit Plan and Labor Group of Berdon LLP, New York, as a principal. He brings more than 17 years of experience in public accounting for employee benefit funds, most recently at a Big Four firm....

International Federation of Accountants.(New York)(appointments)(Brief Article)
June 7, 2004... Graham Ward has been named deputy president of the Council of the International Federation of Accountants, New York. He will become president of IFAC in 2004. Ward is also a senior partner in the Global Energy mid Utilities Group at...

Steven H. Grapstein, chief financial officer of Kuo Investment Co., has been awarded the Ellis Island Medal of Honor.(New York)(Achievements and awards)(Brief Article)
June 7, 2004... Steven H. Grapstein, chief financial officer of Kuo Investment Co., has been awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations....