GINA DEVERS RETURNS TO SERVE CITY AS INTERNAL AUDITOR Nov 12, 2008
Two of Devers current projects includes phasing Pine Bluff s Parks and Recreation Department s accounting system into the city s and utilizing a risk assessment tool, in order that the city s controls can be improved. A risk assessment attempts to pinpoint various activities or job responsibilities that are, or could become, a liability to the city. (Pine Bluff Commercial, AR)
Audit finds huge deficit costing jobs Nov 11, 2008
Others have said the shortfall is actually the result of little more than a change in accounting systems from an "accrual basis" to a "cash basis.". "Much has been discussed about the appropriate accounting method for GDOT, and we believe that the findings of this audit effectively resolve any further debate and closes the door on that discussion," said a statement issued by the agency. (The Augusta Chronicle)
Justices to referee $1M disputed jackpot Nov 10, 2008
The $5 Double Top Dollar machine notified Eash on Feb. 19, 2006, that she had won $1 million and sent a signal to the casinos slot accounting system indicating a progressive jackpot was pending. The Gaming Commission in March 2006 agreed with Eash. (The Clarion-Ledger)
Citi, Goldman, Too-Big-to-Fails, Need New Rules: Roy C. Smith Nov 10, 2008
These should be measured by a common accounting system that offers little wiggle room for determining reported asset values, and that severely limits off-balance-sheet parking of assets or contingent liabilities. More Power. (Bloomberg -- Columnists)
SunPower Announces Impact of Recent Foreign Exchange Rate Volatility Nov 5, 2008
In particular, risks and uncertainties that could cause actual results to differ include: (i) the company's ability to obtain and maintain an adequate supply of polysilicon, ingots, wafers and other materials, components and products to manufacture its component products and design and construct its systems, as well as the price it pays for such materials, components and products; (ii) business and economic conditions, including the current uncertain economic environment and credit crisis, and... (PR Newswire)
Infoplex creates Outlook-based ERP suite for TAS Books Nov 5, 2008
Emails that come into and go out of the system are linked to the contact database and accounting system and are immediately accessible from the left-hand Folder pane in Outlook. The accounting, sales order, CRM and stock data is displayed within Outlook, and users can drill from the on-screen records down to records and transactions within the different modules. (Accounting Web, UK)
Pennsylvania Revenue Department Releases October Collections Nov 1, 2008
" Sales tax receipts totaled $734.1 million for October, $30 million below estimate. Sales tax collections, year-to-date, total $2.9 billion, which is $91.2 million, or 3 percent, less than anticipated. Personal income tax (PIT) revenue in October was $730.2 million, $14.2 million below estimate. This brings year-to-date PIT collections to $3.1 billion, which is $72.4 million, or 2.3 percent, below estimate. October corporation tax revenue of $132.7 million which was $61.3 million below... (PR Newswire)
Amos E. Joel Jr., 90; his invention paved way for cellphone Oct 31, 2008
His patent for an automatic accounting system for customers' charges on long-distance dialing filled more than 500 pages and weighed 11 pounds. His wife died in 2000, as did his son, Jeffrey, in 2003. (Boston Globe)
Review: Intuit’s QuickBooks Accounting Premier 2009 Oct 31, 2008
It s a good idea, when setting up a new accounting system, to start it at the beginning of your company s fiscal year. To properly use the online banking features in QuickBooks Premier 2009, you ll need to have a bank statement from the end of your previous fiscal year. (SmallBusinessComputing)
Analysts question AIG's accounting system Oct 31, 2008
Analysts question AIG's accounting system - International Herald Tribune ... Analysts question AIG's accounting system. (International Herald Tribune -- Business)
EAG Services keeps its focus on energy Oct 30, 2008
After earning a business degree from , Gerbel worked for and , where she implemented accounting, financial and cost-accounting systems for clients of those firms ... It was a baptism by fire, and Gerbel crammed to comprehend the industry s complicated accounting systems and procedures. (Houston Business Journal, TX)
Mapping The Boreal Forest Oct 30, 2008
25, 2006) It's time to create a comprehensive accounting system for natural capital to recognize the full value of ecosystem services provided by boreal forests, an ecological economist will urge delegates to. . (Science Daily)
Holland Vies for Laurens County Office of Clerk of Superior Court Oct 30, 2008
Presently, there is a dual accounting system being used in the Office of the Clerk of Courts; with digital scanning, the accounting system will be fully computerized, allowing deputy clerks more time to serve customers and keep their workloads current. My plan for implementing digital scanning will keep us within the approved budget. (Dublin Courier Herald, GA)
Nations see REDD in rush for carbon credits Oct 29, 2008
Satellite monitoring as well as developing national carbon accounting systems will be key, and so too will be avoiding "leakage" in which preventing deforestation in one area causes logging to occur in another. Some conservation groups also fear rich nations will merely buy up vast amounts of REDD credits to meet their emissions targets while doing little to clean up their own industries. (Scientific American)
On-demand reconciliation system now available in UK Oct 29, 2008
This sets it apart from the more complex reconciliation modules available in corporate accounting systems such as SAP and Oracle, Coppack said. A more detailed interview with Coppack is available on our sister site. (Accounting Web, UK)
Rants and raves Oct 24, 2008
THE GEORGIA DOT claims it's suddenly zillions in the hole because they changed their accounting system. WHY IS THIS AREA so dumpy. (The Augusta Chronicle)
TNI reports deemed 'unaccountable' Oct 23, 2008
BPK chief Anwar Nasution said here Wednesday the TNI and Defense Ministry did not have a standardized accounting system that would have allowed them to detect such incomes and audit all their assets ... Speaking at the discussion, Juwono vowed to fix the ministry's financial accounting system, saying his office had noted some 4,000 problematic assets. (Jakarta Post, Indonesia)
Case study: CyberSafe steps forward as Coda2Go pioneer Oct 23, 2008
The first 'out and proud' user of CODA's Coda2Go on-demand accounting system is Cybersafe, a long-time Salesforce ... "We were not replacing the entire accounting system. Sage remains in house and every month we'll import a file into it so that it is aware of what invoices have been issued. But as Coda adds new functionality, we'll gradually migrate.". (Accounting Web, UK)
More of this story Oct 22, 2008
That amount, Hill said, wiped out the change in accounting system caused by the 40 percent pullback. "You have to collect enough taxes to offset the 40 percent pullback," he said. (Hamburg Ashley County Ledger, AR)
District hasnt lived within its means Oct 22, 2008
The Institute states that Arizona s handling of its multiple accounting systems makes it hard for the public to know how much is actually spent on public school students and difficult for policymakers to obtain accurate figures to establish school education policy. For example, the National Education Association, the country s largest teachers union, says the state spends 5,222 per student, and Education Week s annual Quality Counts ranking claims Arizona spends 6,331. (Sierra Vista Herald, AZ)
BPK spots massive abuses in energy sector Oct 22, 2008
Anwar said the government should immediately improve its accounting system, starting with the establishment of a single account for pooling all state revenues. Post Your Comments. (Jakarta Post, Indonesia -- Business)
Keeping your cash flowing in Oct 20, 2008
A clear accounting system It might sound like a really basic piece of advice, but I'm amazed at the number of small business owners I meet who have no idea how much they are owed - and by whom ... You should have an accounting system in place that can tell you - at the touch or a button or a click of a mouse - what you're owed, who owes it to you and how long it has been outstanding for. (Sydney Morning Herald -- Business)
CIOs and IFRS: How it will affect accounting systems Oct 15, 2008
How the SEC's proposed IFRS will affect your accounting systems ... But another SEC financial reporting mandate -- a changeover to a new accounting standard called IFRS -- is likely coming down the pike, and CIOs will need to evaluate their accounting systems and financial data to comply with it ... "CIOs, of all people in the organization, may need to be thinking of this now versus later, because of the timeline of making changes to accounting systems and infrastructure around how transactions... (SearchCIO.com)
Canberra Airport curfew turned into political stunt Oct 15, 2008
Voice Navigator imports pickslips/sales orders from your accounting system and verbally directs your order pi. Compact, Powerful Printers Ideal for Retail, Office, Service Industry and Healthcare Settings. (Transport and Logistics News)
Broker 'failed in duty of care' Oct 13, 2008
They argue that a flawed internal accounting system, implemented late last year, contributed to their losses. The system allegedly subdivided client accounts and mistakenly double-counted the equity a client might have in margin loan accounts. (Sydney Morning Herald -- Business)
Economic All-Stars Oct 12, 2008
And, finally, they must reshape the accounting system to give regulators and rating agencies a clearer glimpse at the risks in financial portfolios. "This is a basketball game, a football game, a baseball game, and a hockey game," Fuller said. (Boston Globe)
Town's administrator will resign from post Oct 10, 2008
Today you have a phone system that works, a computer system that works, an accounting system that is efficient with all bank accounts reconciled to the general ledger, financial statements that provide you with timely information and an audit report with an unqualified opinion. Also, the new automated water meter reading system is almost complete as well as the initial phase of the Santee Conference Center. (Orangeburg Times and Democrat, SC)
Palin pledges of Alaska sunshine marred by secrets Oct 7, 2008
But the U.S. government already has a more in-depth public accounting system, a result of legislation sponsored by Democratic presidential nominee Barack Obama and co-sponsored by McCain, Palin's running mate. The site, USASpending. (Atlanta Journal-Constitution)
html>head>title>My Way News - Palin pledges of Alaska sunshine marred by secrets)">Palin pledges of Alaska sunshine marred by secrets Oct 7, 2008
That seemed to stun her," said Erickson, editor of the Alaska Budget Report newsletter. "It's a principle she certainly discovered. Within a few weeks we were running up against difficulty," he added. He described a set of heavily edited records that he only received in full after appealing on legal grounds. Alaska lawmakers found Palin secretive about her budget plans, and they were angered she didn't signal her vetoes before axing projects they supported. "The problem is, she campaigned on... (ABC 7 News, DC)
Practitioner's Diary: How to spot clients in trouble Oct 6, 2008
Deceptively 'good' accounting systems. I have seen any number of businesses come unstuck on this count. (Accounting Web, UK)
WBCNA offers accounting workshop Oct 4, 2008
The instructor, Anita Geinert, is a CPA who specializes in setting up and maintaining computerized accounting systems for small businesses and clients of other CPAs. While she can install any type of accounting system, her area of expertise is QuickBooks. (Madison County Record, AL)
Finance Express Achieves Significant Legal Victory Against DealerTrack Oct 3, 2008
Dave Huber added, "DealerTrack has spent an enormous amount of their shareholders money to stop Finance Express and RouteOne. This decision virtually guarantees that, in the unlikely event they were to prevail on the remaining few claims, the resulting damages to Finance Express would be negligible. Without question, this is a huge victory for Finance Express, and we are looking forward to prevailing on the remaining 3 claims at trial. Yesterday's court rulings are so decidedly in favor of the... (PR Newswire)
State must do more to curb costs, says Medicaid’s chief administrator Oct 3, 2008
Barbour announced early this month that Mississippi s Medicaid budget will be balanced after correcting a 92 million accounting error caused by a misprogrammed computerized accounting system. Two Medicaid administrators in May discovered the state for five years has been paying more state funds than was required for the health-care program. (Columbus Commercial Dispatch, MS)
D.C. faulted for not tracking bioterrorism funds, audit says Oct 3, 2008
D.C. health officials say they have modified their accounting system to comply with the federal government. And the CDC has extended the use of $11. (Washington Business Journal, DC)
Fresno is luring visitors _ in city and county Sep 23, 2008
But Whitehouse said the agency has dealt with those issues with a new accounting system and yearly audits. To boost tourism dollars, Whitehouse and her staff are working on attracting tourists from cities and towns a gas tank away for Fresno County, such as Monterey, Bakersfield and Merced. (Fresno Bee)
Microgen Accounting Hub Delivers Clear View of Mortgage Exposure for Major North American Financial Institution Sep 23, 2008
Until now the primary tool has been the reliance on time-consuming, manual entry spreadsheets, exacerbating the current crisis due to the lack of a clear view of liabilities and counter-parties" said Microgen Chief Operating Officer David Sherriff. "Our ground breaking implementation provides the clarity, accuracy and consistent accounting information that financial institutions need to navigate themselves out of this current crisis (Canada Newswire)
TechCFO Adds Frank Pazera as Partner to Atlanta Office Sep 23, 2008
About TechCFO TechCFO provides comprehensive business infrastructure services, including executive level financial management, project management and staffing, accounting systems and support, human resource and administrative services to emerging and established technology organizations. TechCFO professionals have extensive experience with critical business and financial issues in the software, technology, healthcare IT, and life sciences industries. (Yahoo News -- Press Releases)
Sheriff's letter warns budget cutbacks spell disaster Sep 20, 2008
Young also outlined the changes he has made to help ensure fiscal responsibility, include the following: A new accounting system has been implemented. Bank reconciliations are performed monthly on all accounts. (Gadsden County Times, FL)
EPiC Energy Resources Announces New Board Member Sep 19, 2008
While employed at a start-up directional drilling service company, he implemented financial controls and installed an enterprise accounting system in numerous locations. That start-up was later sold to a global oilfield services company. (PR Newswire)
Audit: DOT $456 million short Sep 19, 2008
Officials thought the deficit was shrinking, but just a few weeks ago, staff stumbled across contracts and change orders that never had been entered into the state's accounting system. Together they cost the state $360 million. (Athens Banner-Herald)
The Great Debate: The paperless office - opening speeches Sep 19, 2008
The Great Debate is brought to you in conjunction with accountsIQ, your first choice for online accounting and business intelligence (Accounting Web, UK)
IT Outsourcing for Small Business Sep 18, 2008
This consisted of harnessing third-party software that made its accounting system and its existing Web-based administrative system communicate with one another. Barram Software made it so that the information was synchronized between the two systems, said Camarena. (SmallBusinessComputing)
Lost papers raise DOT deficit Sep 18, 2008
Turns out the pledged dollars in that paperwork had never been entered into the state s accounting system ... You would think the state would have their Accounting systems in order given they lost track of $1. (Atlanta Journal-Constitution)
Grant won't pay for new stop light Sep 18, 2008
The city is moving to an accrual accounting system based on a recommendation by auditor John Faulhaber. Faulhaber is assigning values to all the city's infrastructure it owns, including sewer and water pipes, buildings, roads, and more. (Carthage (Hancock County) Journal Pilot, IL)
Foundation acts to protect its finances Sep 17, 2008
She orchestrated her theft by creating legitimate-looking expenses in the foundation s accounting system, then writing checks to cash, said Tom Anglim, the assistant district attorney who prosecuted the case. She was either creating transactions falsely within the computer system of the hospital foundation or inflating actual transactions, Anglim said. (Washington Daily News, NC)
Daimler announces electric car project Sep 7, 2008
"The accounting system should be as simple and convenient as when using one's mobile phone," he said. Shares of Daimler were down 3. (Sydney Morning Herald -- Business)
Daimler, RWE announce Berlin electric car project Sep 6, 2008
In addition, business-to-business partners such as shopping centers, car park operators and fleet customers can be connected into the infrastructure, said Juergen Grossmann, the CEO of RWE. The accounting system should be as simple and convenient as when using one's mobile phone, he said. Shares of Daimler fell 4. (San Diego Union-Tribune -- Business)
Govt to make its directives to civic bodies binding Sep 5, 2008
However, no binding directives on issues like making rain water harvesting, solar panels for buildings and double entry accounting systems mandatory could be issued, but only suggestions can be made in this regard by the state. The cabinet also approved additional FSI to private hospitals in Mumbai on the payment of a premium and decided to amend the development control regulations accordingly. (Expressindia.com)
Hard work goes into preparing for school Sep 2, 2008
For their annual workshops, teachers trained on the new student accounting system, received updates on curriculum and attended other informative sessions. My job is not to teach English, it's to teach students, Drewlow said. (Wahpeton Daily News, ND)
Witness reveals more on Paskah Sep 2, 2008
Lukman said Anwar suggested the matter be handled according to legal and accounting systems. Previous hearings have indicated Paskah had a key role in the graft case. (Jakarta Post, Indonesia)
Perkins & Marie Callender's Inc. Reports Results for the Second Quarter Ended July 13, 2008 Aug 29, 2008
J. Trungale, President and Chief Executive Officer of Perkins Callender's Inc., commented, "During the second quarter of 2008, top line sales for both Perkins Callender's continued to be impacted by the difficult economic environment and shifts in consumer spending habits. It has been a delicate balancing act taking price increases on both brands while maintaining a strong price/value ratio, managing food costs and continuing to offer a favorable guest experience. Our management team at Foxtail... (PR Newswire)
SEC filings may soon require XBRL -- to your advantage Aug 29, 2008
He recommends that CIOs or their staff contact their accounting system vendor to determine the vendor's ability to support the XBRL requirement ... "Accounting systems are designed to summarize data and pass it upwards," Willis said ... He recommends that CIOs or their staff contact their accounting system vendor to determine the vendor's ability to support the XBRL requirement. (SearchCIO.com)
Dell Disappoints Aug 29, 2008
Dell's servers--the back-office gear that keeps corporate e-mail and accounting systems rolling along--were up 5% worldwide. Tech tracker Gartner had predicted that Dell would crank out an increase of 15% in server sales. (Forbes -- Markets)
Bell Labs Kills Fundamental Physics Research Aug 29, 2008
As I understand it, Xerox PARC had something similar going on but for a different reason: a strange accounting system. One of the first things PARC did was to design a "new control panel" (and brain) for Xerox copiers. (Slashdot)
Dell Likely To Grind Out Gains Aug 27, 2008
Most boring of all, Dell's servers--the unsexy back office gear that keeps corporate e-mail and accounting systems perking along--may be on a roll. Tech tracker Gartner predicts that Dell cranked out a 15% increase in server sales revenue during the second quarter (measured against sales a year ago). (Forbes -- Technology)
Franklin among 1st Democratic convention speakers Aug 26, 2008
And the reason the City is showing a deficit at all at this point is that the Mayor instituted a new accounting system to replace the archaic one that had been around for decades, and the real nature of the City s finances appeared. She could have just left the old system in place, and no one would have been the wiser. (Atlanta Journal-Constitution -- Metro)
Ex-official bilks Shriners Hospital (49) Aug 22, 2008
Brodzin has also helped the hospital identify flaws in its accounting systems, Schwartz said. Hanaway stressed that Shriners had cooperated fully and that there was no evidence that others were involved. (Chippewa Falls Chippewa Herald, WI)
New law to help school districts with bookkeeping Aug 20, 2008
Gorla said the system won t affect DeKalb s bookkeeping too much, since the district has been on a modified accrual accounting system since Fiscal Year 2006. That means revenue and expenses are accounted for in the fiscal year for which they belong even if payments came after July 1, Gorla said. (DeKalb Daily Chronicle, IL)
Companies start to get progressive with IT initiatives Aug 18, 2008
One example is a sluggish accounting system overburdened by transaction numbers and/or users. Another is a group of people editing a document by emailing it back and forth instead of creating a central online repository where everyone can comment and have their edits reflected on one master document. (Denver Business Journal, CO)
Netxen Uses Magma's Integrated IC Implementation Flow for the NX3031 Next-Generation Networking Chip Aug 18, 2008
Complete with online bookings, powerful accounting system and other timesaving features. Manage daily, weekly, monthly and annual rentals. (Primezone Releases)
Work continues on new K-8 school, Sandy Run addition Aug 15, 2008
Chief Financial Officer Jerry Sullivan said his department has spent the summer implementing the new accounting system, Infinite Visions, which is paperless and should be much more cost effective and efficient. T&D Correspondent Larry P. Jordan can be reached by phone at 803-874-3276. (Orangeburg Times and Democrat, SC)
EDITORIAL; Let Iraq spend surplus Aug 15, 2008
It has weak accounting systems and is plagued by corruption and political conflicts that stall rebuilding decisions. Nonetheless, if Iraq wants to stand on its own, it is time for it to begin picking up the bill for its development. (New Haven Register, CT)
Business Intelligence round-up: good or bad for SMEs Aug 15, 2008
Yet the data from which much SME information was derived such as most small company accounting systems- was pointless for such a purpose. He acknowledge their had been much IT hyperbole over BI in the past, but there was real value to be had now. (Accounting Web, UK)
How hotels help themselves to your money Aug 14, 2008
The latest hotel accounting systems let you see your room charges in real time, often from your TV screen ... Remember, most hotel accounting systems are lightning-fast. (CNN -- Travel)
Commissioners propose 42.6 tax rate Aug 13, 2008
A resolution certifying that Washington County has granted funds in 2008 to the Washington County Healthy Living Association and that the county approves its accounting system or fiscal agent, so that the WCHLA can be eligible for the Texas Department of Agriculture s Home-Delivered Meal Grant Program, the maximum grant being 35,000. A plat for J. Gunderson subdivision on Wm. (Brenham Banner, TX)
