Jacoby's Feast Aids Saint Mary's Hospital Nov 27, 2008
The guests were John A. Zinno of BlumShapiro, which has offices in West Hartford and Southport and is one of the largest an accounting firms in New England, along with Joseph Yamin, a Waterbury attorney, Michael O'Connor, the former CEO of Waterbury Development Corp. and John Pronovost, a principal of the Main Street Financial Group in Watertown. They were joined by their wives. (Litchfield County Times, CT)
TRADING DAY: TSX disconnects from plunging phone company Nov 27, 2008
25, trimming 102 points from the S&P/TSX composite index, after accounting firm KPMG said it couldn't certify the solvency of the company before the Dec. 11 deadline for the deal to close. A group of private equity investors led by the Ontario Teachers Pension Plan agreed to pay $42. (Vancouver Sun)
$50 billion privatization of Bell Canada in jeopardy Nov 27, 2008
In a brief statement, Bell Canada said that the accounting firm KPMG concluded that because of "the amount of the indebtedness" involved in financing the deal - about $30 billion - it was unable to conclude that the company would be solvent after the leveraged buyout. Siim Vanaselja, the chief financial officer at Bell Canada, said in that statement that the company "disagrees that the addition of the LBO debt would result in BCE not meeting the technical solvency definition." The statement... (International Herald Tribune -- Business)
JM Capital Corp. Announces Completion of Its Acquisition of Stans Energy Corp. Nov 27, 2008
He was employed for several years in the public accounting field with the international accounting firms of Coopers and Lybrand followed by Peat Marwick. From 1988 to 2003, Mr. Ruth held various positions of increasing responsibility with the Toronto Stock Exchange where he served as Head of Listings from 1997 to 2003 with responsibility for operations, policy and management within the Listings Group. (CCNMatthews Press Releases)
No break fees if BCE fails Nov 27, 2008
The BCE takeover is on the rocks because one of the agreed conditions for closing the deal can't be met - BCE hasn't passed a solvency test imposed by accounting firm KPMG. If KPMG sticks to its guns, the deal will not close as expected by Dec. 11. And the steep drop in BCE's share price Wednesday speaks to the market's view that has killed this takeover. (Globe and Mail)
Can you hear it? A collective sigh of relief Nov 27, 2008
Barring a last-minute turn by the accounting firm, the bank will no longer have to throw that money down the pit. In three days, TD has gone from having a capital position that looked weak to one that's quite strong. (Globe and Mail -- Business)
KCTC names new manager, Gary Davis Nov 27, 2008
President Mattes noted that the KCTC Board of Directors worked with the consulting and accounting firm of Kiesling and Associates in Des Moines and interviewed candidates from across Iowa and the U.S. in an effort to be certain that the most qualified person was selected. "Davis was really the outstanding candidate among a number of very qualified individuals," Mattes said. (Kalona News, IA)
Wegener Corporation Reports Results for Fourth Quarter and Fiscal Year 2008 Nov 27, 2008
Wegener Corporation, in compliance with NASDAQ Marketplace Rule 4350(b)(1)(B), also announced that the audit report included in the Company's Annual Report on Form 10-K for the fiscal year ended August 29, 2008 expresses an unqualified audit opinion from its independent registered public accounting firm, BDO Seidman, LLP, but contains an explanatory paragraph relating to the Company's ability to continue as a going concern. The Company discusses this matter further in its Form 10-K, which will... (Yahoo! Wire -- Entertainment News)
Audits: Accounting for concern Nov 26, 2008
Companies and their auditors have got to get used to the idea that nothing is as it used to be, comments Will Rainey, a partner at Ernst & Young, one of the big-four accounting firms. The problem is that year-end accounts are prepared on the basis that a business is a going concern , ie, that it will operate for the foreseeable future, or at least 12 months after the reporting period. (The Economist)
Adobe Acrobat 9 Security is Worse Than Ever, ElcomSoft Proves Nov 26, 2008
ElcomSoft tools are used by most of the Fortune 500 corporations, multiple branches of the military all over the world, foreign governments, and all major accounting firms. ElcomSoft is a Microsoft Gold Certified Partner and an Intel Software Partner. (Canada Newswire)
PGA Tour changes Fedex Cup rules Nov 26, 2008
Former New York Mets outfielder Lenny Dykstra has hammered out a deal with an accounting firm that claimed he owed it more than $100,000. Dykstra and DDK & Co. sealed the deal in Manhattan federal court on Monday. (San Diego Union-Tribune -- Sports)
ABCP restructuring won't meet deadline Nov 26, 2008
The documents were to be posted on the web site of accounting firm Ernst & Young Inc.. We are in that seven-day window of the end of the month, and nothing has been made public, Mr. Kilgour said. (Globe and Mail)
The Tax Club Teams Up With My Essential Plans to Help Small Business Owners Solve the Credit Crisis. Nov 25, 2008
As an accounting firm known for its constant communication with clients, The Tax Club has hit a home run with this latest benefit offering. By listening to the clients needs and securing a vehicle for financing, they have helped to ensure the lifespan of numerous upstarts as well as seasoned entrepreneurs and veterans of the small business economy. (PR Newswire)
Deloitte to pay $40M to Pa. in settlement Nov 25, 2008
The Pennsylvania Insurance Department said Monday it has finalized a $40 million settlement with in connection with the accounting firm s auditing services for the defunct Reliance Insurance Co.. Insurance Commissioner Joel Ario said $40 million combined with the $45 million previously recovered from the Reliance parent companies, as well as the approximately $60 million recovered from the settlement of actions against the company s former officers and directors, brings the total recoveries in... (Philadelphia Business Journal, PA)
Goodwin's $140 Billion Binge May Doom RBS to U.K. Control After Stock Sale Nov 25, 2008
In 1979, after earning a law degree from the University of Glasgow, he joined accounting firm Touche Ross & Co., now part of Deloitte Touche Tohmatsu ... Short Brothers former CEO, remembers Goodwin as the better of two partners from the accounting firm sent to oversee his companys finances. (Bloomberg -- UK)
Carbon2Green Developments Ltd. Go Public by Way of Reverse Take Over With Laurent Venture Capital Corporation Nov 25, 2008
From 1989 to 1994, he worked for the accounting firms of Samson Belair Deloitte & Touche and Bedard Magnan in the audit department. Since 1994, he is the controller for William E. Burrowes Inc., an insurance broker which has 2 offices in Quebec and 2 in Ontario and counts 75 employees. (CCNMatthews Press Releases)
Our Cup overflows Nov 25, 2008
5bn they will spend is 14 percent more than would otherwise be the case, according to a study released on Friday by UK accounting firm Grant Thornton. Overall, the World Cup will inject R55. (iAfrica.com)
Canadian Plan for $26 Billion in Frozen Debt to Miss November Deadline Nov 25, 2008
No documents have been posted on the Web site of Ernst & Young Inc., the accounting firm appointed to monitor the process. I think they will get there, but it wont be this week, said , who runs a Toronto-based consulting firm that advises Canadian companies on the debt. (Bloomberg -- Canada)
Accounting firms witness uptick with downturn Nov 25, 2008
The slumping economy has boosted business at accounting firms, and MPP&W is among those firms benefiting. The firm is projecting $15. (St. Louis Business Journal, MO)
Pacowta, former Leever Cancer Center chairman, dies in Florida Nov 25, 2008
Pacowta was a principal in Nishball, Carp, Niedermeier, Pacowta an accounting firm with offices in Waterbury and Shelton ... "He was a very unique person," said Jane G. Sabatini, a fellow principal in the accounting firm, who worked with Pacowta for about 22 years. (Republican-American)
Year-End Tech & Tax Tips for Smart Small Businesses Nov 24, 2008
-based accounting firm. "Taking advantage of this year's IRS Section 179 write-offs is generally a smart move, however, it's only smart if its being used to purchase products that will help grow the company or help it operate more efficiently.". (PR Newswire)
South Africa: World Cup Soccer Offers Economic Growth Nov 24, 2008
The estimated R8,5bn they will spend is 14% more than would otherwise be the case, according to a study released on Friday by UK accounting firm Grant Thornton. Overall, the World Cup will inject R55,7bn into gross domestic product (GDP) in 2010, helping growth to rebound after an expected slump next year. (allAfrica.com)
Dolphin Digital Media Announces Appointment of Financial Advisor Nov 24, 2008
TORONTO, Nov. 24, 2008 (GLOBE NEWSWIRE) -- Dolphin Digital Media, Inc. (OTC BB: - ), a developer of unique social networking websites using state-of-the-art fingerprint identification technology, announced today that it has retained the services of New York City based accounting firm Amper, Politziner & Mattia LLP to act as Financial Advisor while the Company conducts a search for a permanent Chief Financial Officer. Peter R. Bible, Partner-in-Charge of Amper's Public Companies Group, will lead... (Primezone Releases)
Owe less this year by spending now, really Nov 23, 2008
AMT nightmarePeople subject to the alternative minimum tax may need to reject traditional year-end moves, says Randy Frischer, a partner at the national accounting firm of BDO Seidman. One common tactic, advancing the payment of state and local taxes to bolster 2008's federal deductions, for example, can backfire since those items aren't deductible when figuring the supplemental AMT.. (Boston Globe)
Accounting CSI Nov 23, 2008
FOR a good five years, Tan Chee Wai, 32, was playing the role of any other external auditor at PricewaterhouseCoopers (PwC), one of the Big Four accounting firms, handling the books of his clients. However, all that changed when his companys directors saw something in Tan and recommended him for forensic accounting a specialty practice area of accountancy that describes engagements that result from potential fraud and irregularities, detected and actual, or anticipated disputes or litigation. (The Star Online, Malaysia)
Time ebbs away for Babcock crisis talks Nov 23, 2008
Meanwhile, the accounting firm Ernst and Young said other debt-laden companies might face similar funding difficulties ... A partner at the accounting firm, John Selak, said asset impairment was worst among firms that had made debt-fuelled acquisitions, such as B&B, Allco and ABC Learning. (Sydney Morning Herald -- Business)
50 years of office life and loyalty Nov 22, 2008
Alices started at the accounting firm as a receptionist when she was 20 years old. Fujii was 19 and in business school when she was hired as a general office worker in 1958. (Honolulu Advertiser)
Golconda Resources Ltd. Announces Signing of Definitive Agreement With Lyncorp Drilling Services Inc. and Resumes Trading Nov 22, 2008
Mr. Gillies is a Chartered Accountant with 30 years experience as a Partner in accounting firms and as a Chief Financial Officer in several public companies listed on the TSX-V and the Toronto Stock Exchange ("TSX"). He has spent considerable time working with start-up and emerging businesses. (CCNMatthews Press Releases)
Oritani Financial Corp. Announces Results of Annual Meeting and a Third Share Repurchase Program Nov 22, 2008
Ratification of the appointment of KPMG LLP and the independent registered public accounting firm for the Company for the fiscal year ending June 30, 2009 (99. 8%). (Primezone Releases)
Tastes change under the weight of recession Nov 22, 2008
A survey released this week by accounting firm PricewaterhouseCoopers predicts 20 per cent of high-street shops will close over the next two years. Another on consumer sentiment says almost 70 per cent regard it a bad time to buy even though prices for almost everything are plummeting in the autumn gloom. (Sydney Morning Herald -- Business)
'mktg, inc.' Files Current Report on Form 8-K Nov 21, 2008
Fred Kaseff, the Company's Chief Financial Officer, commented, "We are continuing our review and working with our independent registered public accounting firm toward being able to file amended Forms 10-Q and 10-K, and then our Quarterly Report on Form 10-Q for the quarter ended September 30, 2008. We intend to make these filings and become current in our reporting obligations as soon as practicable. For the quarter ended September 30, 2008, which is the second quarter of our fiscal 2009, we... (PR Newswire)
U.S. Hispanic Chamber convention could draw 5,000 to city Nov 21, 2008
But he also had to approach clients three times before they would work with his Hispanic-owned accounting firm, now called Macias Gini & O Connell LLP.. Because there s not many, there s a little element of the buyer wondering what s so different, Macias said. (Sacramento Business Journal, CA)
Large projects drive Water Works budget Nov 21, 2008
In other business, the board voted unanimously to approve a three-year agreement for Hogan-Hansen, a Waterloo accounting firm, to handle the annual financial audits for 2008 through 2010. The cost is 12,000 in the first year, 12,500 in 2009 and 13,000 for 2010. (Waterloo-Cedar Falls Courier)
Covered in blood, principal emerges as hero of balcony plunge Nov 21, 2008
It is believed the incident occurred at the home of school captain Jack Biggs, whose father Tim Biggs a partner at city accounting firm Deloitte. Jack Biggs declined to comment when contacted by brisbanetimes. (Sydney Morning Herald)
Board OKs dwelling construction code Nov 21, 2008
The accounting firm provided a clear opinion, which is the highest result attainable. Additionally, the board renewed its contract with Webster County for the housing of city prisoners at 25 a day per prisoner, an increase of 5. (Webster Progress-Times, MS)
Idea to aid carmakers: Fee on sales Nov 21, 2008
He says the proposal comes from Tom Dekar, regional managing principal for the accounting firm Deloitte & Touche. Dekar said he only wants to float the idea as his personal view to enhance discussion to solve the crisis. (USA Today -- Autos)
ASIC drops final charge against former HIH chairman Nov 21, 2008
He had also relied on his "highly respected" colleagues at the accounting firm Arthur Andersen, which had audited the accounts of both HIH and FAI for 20 years before he joined the board. The decision by the Commonwealth Director of Public Prosecutions not to proceed follows a similar decision in February relating to a more serious charge. (Sydney Morning Herald -- Business)
> Venture-backed: Gloria Fan Nov 21, 2008
A partner in an accounting firm recommended Fan for the CFO position at Bridgelux. She was in the process of fielding two offers when the opportunity came up. (San Jose Business Journal, CA)
Chinese Accounting Lagging But Improving Nov 21, 2008
The programs--aimed at multinational corporate clients, foreign law firms and Big Four and local accounting firms--address sophisticated topics such as international financial reporting standards, taxation, corporate governance and transfer pricing ... Investments in training by accounting firms and corporations are leading to an improvement in professionalism and compliance, but also to the advancement of individual Chinese people. (Forbes -- Business)
Middle tier can offer tax sector the cohesion it badly needs Nov 21, 2008
Such developments have significantly shackled global accounting firms operating in the listed market, due to the approval processes required. In a global market where shareholdings in international corporate entities change on a minute-by-minute basis, very expensive and sophisticated monitoring systems have been developed and implemented to ensure that accounting firms comply with international independence requirements ... A recent interesting development is the emergence of tax practices in... (Business Report, South Africa)
Ayco lays off dozens Nov 20, 2008
Ayco grew out of a financial and tax accounting firm founded locally in 1966 by William Aydelotte and James Conway to provide financial counseling to high-net worth executives. OTHER STORIES. (Albany Times Union)
GBS Gold Commences Trading on the NEX Under the Symbol GBS.H Nov 20, 2008
The Company's Australian subsidiaries appointed Messrs Andrew Saker, Darren Weaver and Martin Jones of accounting firm Ferrier Hodgson as joint and several voluntary administrators on September 15, 2008. This appointment has placed control of the Australian subsidiaries, including their businesses and assets, with the administrators. (CCNMatthews Press Releases)
PBR 2008: What the pundits predict Nov 20, 2008
Now that Mondays Pre-Budget Report drawing near, Britains accounting firms are now making tentative predictions for the Chancellors next move. Heres what PricewaterhouseCoopers, Baker Tilly and MacIntyre Hudson have to say on possible policies. (Accounting Web, UK)
Seven named to technology council board Nov 20, 2008
Harry Thomasian Jr., strategic growth markets leader at accounting firm in Baltimore. Jim Stanker, an audit partner with. (Baltimore Business Journal, MD)
Madison CPA firm merges with Reilly Penner Nov 20, 2008
Madison accounting firm merges with Reilly Penner n - The Business Journal of Milwaukee ... Madison accounting firm merges with Reilly Penner n ... The certified public accounting firm of in Madison has merged with Wauwatosa accounting firm LLP, the firms said Wednesday. (Milwaukee Business Journal, WI)
The blame for bloated economy Nov 19, 2008
Among its many tough provisions, the law created a new regulatory agency to oversee public accounting firms and auditors, and imposed an array of new requirements for financial reporting and corporate audits. Whatever else might be said about Sarbanes-Oxley, it was no invitation to an uninhibited capitalist bacchanal. (Boston Globe)
Most CPA firms weathering economic storm Nov 19, 2008
Survey: Accounting firms eye growth during downturn - Dayton Business Journal ... Survey: Accounting firms eye growth during downturn ... Most certified public accounting firms reported strong growth during the past two years and are poised to benefit as clients use their services more to stickhandle their way through the troubled economy. (Dayton Business Journal, OH)
BankUnited loses $261M Nov 19, 2008
The parent of the S&L, holding company (NASDAQ: BKUNA), has yet to publicly release its earnings, and spokeswoman Melissa Gracey said the results reported to the , were not audited by BankUnited s accounting firm. BankUnited will release results for the quarter and year-end when numbers are finalized, she said. (South Florida Business Journal, FL)
Magill: Passing of Richard Morris sparks family memories Nov 19, 2008
He went up to New York City joined an accounting firm and became quite wealthy off the stock market. But old-timers still tell a story about Charles Ed and his brother John, who was Charles Ed's catcher on the baseball team. (Athens Banner-Herald)
Online gambling firm in talks with rival Nov 19, 2008
all qualified candidates must have: degree in accounting or finance 4 years big4 or public accounting firm must have passed or working. ca.. (Yahoo News -- Gambling & Lottery)
20 Questions with Patrick Augustyn Nov 19, 2008
I want to be working for an accounting firm, living day-by-day. I would like to be thin too. (Und.com)
County to keep its auditor Nov 18, 2008
In September, the committee ranked Cherry, Bekaert nd LLP as the commission's No. 1 choice out of six competing accounting firms ... Scarborough said the county undertook a technical, detailed search for accounting firms. (Florida Today)
Longtime auditor expected to get $1M Brevard job Nov 18, 2008
Cherry, Bekaert nd planned to subcontract with a Melbourne accounting firm -- Whittaker Cooper Financial Group -- for 5 percent to 10 percent of the county audit work. "Whittaker Cooper Financial Group has been a viable Brevard County business for the past 24 years," managing partner Wayne Cooper told the commission last month. (Florida Today)
Survey: Accounting firms eye growth during downturn Nov 18, 2008
Most certified public accounting firms reported strong growth during the past two years and are poised to benefit as clients use their services more to stickhandle their way through the troubled economy. According to the 2008 National Management of Accounting Practice survey, 75 percent of CPA firms surveyed reported growth ranging from 1 percent to 19 percent over the two years from May 2006 through June 2008. (Houston Business Journal, TX)
World crisis plan criticized as new trading dawns... Nov 17, 2008
Chicago area accounting firm Extended Hours During Tax Season. www. (The Drudge Report)
Indictment links Deutsche Bank to tax-shelter inquiry Nov 17, 2008
Since at least 2004, prosecutors have been examining Deutsche Bank for its role in two related, abusive tax shelters that were sold to investors and involved collaboration between banks, law firms and accounting firms. Homer and its cousin, Cobra, are both considered by the IRS to be variations on one widely sold abusive tax shelter of the late 1990s, Son of Boss, itself related to Boss, or bond and options sales strategy. (International Herald Tribune -- Business)
Grads finds jobs scarce Nov 17, 2008
The number of accounting firms looking for University of Southern Maine students is up, a USM career services official says. Career counselors also say this generation of college students knows all about networking reaching out to family, friends of parents and alumni for help in job searches. (Seacoast New Hampshire)
Andersen Will Settle Suit Over WorldCom Nov 17, 2008
NEW YORK, April 25 -- Defunct accounting firm Arthur Andersen LLP has agreed to pay $65 million to settle its part of a massive WorldCom Inc. class-action shareholder lawsuit, sources familiar with the deal said Monday ... Sources said that Andersen's settlement was delayed by demands from plaintiffs that the accounting firm disclose all its current holdings ... Andersen, once among the world's biggest and most profitable accounting firms, was convicted in 2002 of obstructing a federal probe... (Yahoo News -- WorldCom/MCI)
School board receives 2008-09 audit report Nov 16, 2008
Brad Travis, one of the owners with Leitchfield accounting firm Buckles, Travis and Sloan presented the board with the 2008-09 Audit report. According to the report the financial statement of the Grayson County Board of Education as of June 30, 2008 and the respective changes in financial position and cash flow, where applicable, for the year ended in the conformity with the accounting principles generally accepted Government Auditing Standards. (Leitchfield Grayson County, KY)
Business Whirl: Burford, Farr join Trinity Accounting Nov 16, 2008
Before coming to Trinity, Burford worked for various Atlanta accounting firms. He brings more than 12 years of experience to Trinity and specializes in audits of employee benefit plans, real estate and retail. (Athens Banner-Herald)
Nothing for creditors in lawyers' talkfest Nov 16, 2008
A LIQUIDATOR was entitled to pursue "recalcitrant directors" in court even if the entire proceeds went to a litigation funder and creditors received no return, the accounting firm, PricewaterhouseCoopers, has told the NSW Court of Appeal. The firm is trying to prevent a court inquiry into whether an insolvent trading case against the board of Reynolds Wines was a "churn and burn" exercise primarily designed to benefit the liquidators and their litigation funder, IMF (Australia) Ltd.. (Sydney Morning Herald -- Business)
Over the Hill ... No Way!: Service with a smile Nov 15, 2008
She worked part-time and met her husband James, at Arthur Andersen, a Boston accounting firm. In 1996, Mona and Jim moved from North Reading to Lexington into Jim s childhood home. (Lexington Minuteman, MA)
Land OLakes revised Q3 earnings Nov 15, 2008
Land O Lakes said its accounting firm hasn t been able to audit MoArk s results because of inadequate books and records. Correction:This story incorrectly reported third-quarter earnings for Land O'Lakes' agronomy business. (Twin Cities Business Journal, MN)
Wedding: Wilson Lyons Nov 15, 2008
She is a certified public accountant for Kernutt Stokes Brandt ny accounting firm in Eugene ... He is a certified public accountant for Jones Eugene accounting firm. (Corvallis Gazette Times, OR)
Regulators Lean On Needy Banks To Make Changes Nov 15, 2008
The orders do put people on notice that "the clock's ticking," said John Ziegelbauer, national managing partner at accounting firm Grant Thornton. "There's an accountability," Ziegelbauer said. (New York Post -- Business)
