Accounting Technology articles from August 2004

Accounting Technology archives from August 2004

Analyze This.(application of accounting software)
August 1, 2004... Over the years, there has been a lot of talk about the need for accountants to become more forward-looking, less backward-looking. Having better tools is going to make the job a lot easier for practitioners IF they have the mindset to...

Jobs and Firms.(accounting industry)(Brief Article)
August 1, 2004... The accounting market has very quickly gone from loose to tight. Organizations that were shedding jobs a year ago now can't hire quickly enough. In "Hiring Again," Associate Editor Carly Lombardo looks at the staffing and hiring trends,...

Need Insights?(Robert Scott writes about consulting market)(Brief Article)(Advertisement)
August 1, 2004... Editor Robert Scott also writes "Consulting Insights," a free, twice-monthly electronic newsletter that addresses issues concerning the consulting and reselling market. It's insight with an attitude. If you want to subscribe, put the following...

Is Demand for E-commerce Services Increasing? What Is Driving Any Changes in Demand?
August 1, 2004... This possibly varies by geographic region. In the Northwest, the last mile is complete and demand for online purchasing has moved from people wondering if it's available for certain goods, to people assuming it's available, and then downgrading...

Practice Development News.
August 1, 2004... SAP Seeks CPA/VAR Links SAP is encouraging CPAs and value-added resellers to establish referral relationships under the CPA Advisor Program that SAP has introduced for its Business One software. "Referral relationships have to happen...

Tectura's Buying Spree.(acquisitions)(Brief Article)(Illustration)
August 1, 2004... Acquired Company Revenue Employees Year Purchased Comso Consult $26 million 230+ 2004 Concord Consulting NA 25 2004 Sensible Systems 3.5 million 15 ...

Accounting News.(Scala Business Systems)
August 1, 2004... MBS Slows Project Green Microsoft Business Solutions has slowed development of Project Green, the application that was designed to unify its four accounting software lines. Meanwhile, MBS launched new versions of all four products-Great...

Show Calendar.(Brief Article)
August 1, 2004... August 24-25 Illinois CPA Society Business & Technology Solutions Show Donald E. Stephens Convention Center Rosemont, Ill. www.btshow.org/show/ index.html September 29-October 1 Florida Accounting Expo Ft....

Next Month in Accounting Technology.(Brief Article)
August 1, 2004... Popular wisdom says that "Geography is destiny." In "Finding Your Niche," the September issue of Accounting Technology explores how successful VARs are adopting a vertical focus that caters to the local topography and demographics. Other...

Tax & Financial Planning.
August 1, 2004... Intuit Targets Low-end Preparers Trying to counter price competition that drove down its tax season product revenue, Intuit is rolling out the ProSeries Basic Edition, designed for part-time and new tax preparers. Prices for Basic will...

Correction.(Correction Notice)
August 1, 2004... The eLeaders story in the June issue of Accounting Technology incorrectly reported revenue for Armor USA. The company did not disclose any revenue figures. It employs 48. Copyright 2004 Thomson Media Inc. All Rights Reserved....

Hiring (Again): As the economy improves, CPA firms and technology resellers are increasing staff.(public certified accountant)(Editorial)
August 1, 2004... Reznick Fedder & Silverman wants to be cubed. Ken Baggett, managing principal of the Bethesda, Md.-based firm, says, "We want to be 10 cubed, which means in 10 years, we want 10 offices and we want to be one of the top 10 accounting firms."...

Upgrade Your Talent Now.(Brief Article)
August 1, 2004... Neil Lebovits, CPA, president of Saddle Brook, N.J.-based specialty staffing firm Ajilon Finance, urged companies at the American Institute of CPAs Technology Conference to take steps now to attract and retain top talent, and to make proper...

CPA Firms Grow.(Certified public accountants)(Brief Article)
August 1, 2004... One key measure of the increasing competition for hiring that CPA firms face is salary. And the average accounting firm salary increased 5 percent from last year and bonuses averaged 5 percent of total salary, according to the most recent...

Home, Sweet Home Page: A Web site rich in financial information can serve as a gateway to revenue-generating services.(Editorial)
August 1, 2004... For David Ligotti, CPA owner of Oakwood Business Services in Ann Arbor, Mich., the first step was to lure his clients online. Using the Creative Solutions Web Builder service, Ligotti was able to populate his site with all sorts of...

A CPA Report Card.(Brief Article)
August 1, 2004... * Takes time to explain things I don't understand 91% * Presents an objective analysis 89% * Researches all options 83% * Stays in touch 82% Source: Nationwide Financial Affluent Americans have come to expect their CPA to...

CPA Web Sites-The Vendor View.(Certified public accountants)
August 1, 2004... So what do CPAs look for when visiting an industry Web site? Here's what two leading vendors have come up with. Hewlett-Packard's CPA-dedicated site, www.hp.com/go/accounting, features a varied complement of product information, articles,...

Building a Solid Practice: Practice management software provides a foundation.(certified public accountant)
August 1, 2004... The solid foundation of any CPA firm rests squarely on the shoulders of management. And in order to properly manage and react to change, you need a great software system that captures, reports, and empowers users to react quickly to what is...

Fund Accounting & Payroll: Integration Pays: Labor costs are a big issue for nonprofits; so is a smoother data flow.
August 1, 2004... With nonprofits, almost all payrolls are customized in some way. They just don't have straight time," declares Linda O'Neal, manager of Finley & Cook, a CPA practice headquartered in Shawnee, Okla. What's more, not-for-profits need to...

NFPs Are Slow to Put on SOX.(Not-for-Profit Organizations, Sarbanes-Oxley Act)(Brief Article)
August 1, 2004... Amid expectations that the Sarbanes-Oxley Act (SOX) will eventually influence the reporting procedures employed by not-for-profits, nearly 80 percent of NFP respondents to a recent survey indicated that their organization has not yet made any...

The NISH Niche.(National Industries for the Severely Handicapped, Applied Business Services Inc., contract)
August 1, 2004... Applied Business Services, an Open Systems reseller focused on nonprofits, has developed a payroll tracking package that complies with regulations laid down by NISH (formerly the National Industries for the Severely Handicapped). Designed...

Fund Accounting Software Providers.(websites)(Brief Article)
August 1, 2004... AccuFund Needham, Mass. (877) 872-2228 www.accufund.com Best Software Nonprofit and Government Division Austin, Texas (800) 811-0961 www.bestsoftware.com Blackbaud Charleston, S.C. (800) 443-9441...

Best Adds an Add-on Program.(Best Software Inc. launched the MIP Fund Accounting Software Integrator Program)(Brief Article)
August 1, 2004... Underscoring the demand for customized applications and add-on modules within the not-for-profit space, Best Software earlier this year launched the MIP Fund Accounting Software Integrator Program. Participants in the SIP training and...

Vox Internet - A Voice on the Web: Voice over IP is changing telephony.(Schulz Consulting)
August 1, 2004... There are any number of people saying that Voice over IP, the technology that lets voice conversations traverse the Internet, isn't ready for prime time. Don't tell that to Wayne Schulz, a Glastonbury, Conn.-based CPA who operates Schulz...

The VoIP Story.(voice over internet protocol )(difference between regular telephones and a VoIP system )(Brief Article)
August 1, 2004... If you are confused about Voice over IP, don't feel alone. A recent poll conducted by Ipsos-Insight says that 54 percent of Internet users in the United States are unaware of the technology, and among those who have heard of it, a majority are...

The Costs of VoIP.(voice over internet protocol)(Brief Article)
August 1, 2004... For anyone who thought that Internet-based telepone calls equal free telephone calls, it's not quite that simple. Callers on a VoIP system don't pay access charges and federal taxes, and monthly charges can be much less expensive than...

New Products.
August 1, 2004... Risk for Project Version 4.1 of Risk for Project features displays that combine Microsoft Project's Gantt charts with Risk analysis results, so that project managers can see which tasks are most important in any scenario. The new edition...

Epicor Software: Accelerating Growth.
August 1, 2004... Epicor Software is actively trying to grow its dealer channel again, following two years in which the ERP vendor's financial fortunes have improved. The vendor is recruiting both on its manufacturing side and its back-office side, and tailoring...

Epicor Snapshot.(Brief Article)(Company Profile)
August 1, 2004... HQ: Irvine, Calif. Phone: (800) 290-1592 Web: www.epicor.com Founded: 1984 Employees: 1,500 Annual Revenue: $250 million Product Suites: Epicor Manufacturing, Epicor Enterprise, and Epicor Clientele Copyright...

Advertiser's Index - August 2004.(Brief Article)
August 1, 2004... Advertiser Ad Appears on page ADP Small Business Service 19,21,23 Best Software Inc 8 CCH Tax and Accounting C4 CaseWare ...

Diane Yetter: Reducing Tax Risks.(Yetter Consulting Services)
August 1, 2004... Diane Yetter, CPA, wants her business clients to pay all their taxes-but not a penny more. As president of Yetter Consulting Services in Chicago, she focuses exclusively on helping clients track their local sales and use tax obligations. ...

Editors' Note: Follow the Money...Again.(Brief Article)
August 1, 2004... This time of year, the only thing SOX-related to come out of Boston should be referring to Pedro Martinez and how the Red Sox are doing in the America League East. But the SOX coming out of Boston now refers to Sarbanes/Oxley since the Boston...

Audits, Standards, and Integrity in Nonprofit Organizations.
August 1, 2004... Today's financial press continues to be filled with articles on business failures and restatements of prior-period financial data, as well as allegations of management improprieties and even outright fraud. Of course, it can be argued that this...

Need for Greater Oversight.
August 1, 2004... Recent media coverage of questionable practices at some not-for-profit ("NFP") organizations has raised public concerns as to whether the problems uncovered in those NFPs are indicative of issues that may have yet to be discovered at other...

Products to Help Prevent Embarrassing Mistakes.
August 1, 2004... I recently returned from the AICPA's National Not-for-Profit Conference in Washington, D.C.," says Steve Eason, executive editor, PPC Nonprofit Products (Fort Worth, Texas). "It was clear by some of the sessions at the conference that the...

A Winner in Many Ways.(Brief Article)
August 1, 2004... Cougar Mountain Software started winning industry coveted awards for its FUND accounting software in 1982 and their compliance to GAAP (Generally Accepted Accounting Principles) as mandated by FASB (Financial Accounting Standards Board) has...

The Time is Now.(Brief Article)
August 1, 2004... Current low interest rates have generated a substantial amount of interest in the use of charitable lead trusts. In a low interest rate environment, it is possible to shift substantial wealth to future generations with very attractive tax...

Lifetime Deferred Giving.(Brief Article)
August 1, 2004... Charitable giving has long been a vital part of wealth management. Americans contributed $212 billion to charity in 2001, $2 billion more than the previous year. While the humanitarian and moral aspects of private philanthropy always have been...

No Longer Hostages.
August 1, 2004... AccuFund, based in Needham, Mass., specializes in affordable, powerful, and flexible financial reporting and accounting software for nonprofit and government organizations. Its fund accounting suite is designed specifically for nonprofit...

Unparalleled Auditability.
August 1, 2004... Serenic Software, Inc. of Lakewood Colorado, offers a software solution for not-for-profits that meets their needs for cleaner audits, comprehensive "tier-1" functionality, user satisfaction and truly unbeatable cost of ownership. The flagship...