Hamilton County Commissioners Discuss Budget Cuts Nov 25, 2008
"I would suggest to you it's important not only we do the payroll for basic accounting, but to prevent fraud, a critical part of our charge.". County Recorder Rebecca Groppe said staff cuts would make it impossible to meet her statutory obligations. (WKRC.com, OH)
Chinese Accounting Lagging But Improving Nov 21, 2008
Now, multinational corporate CFOs are requesting that CCH provide more basic accounting training to their staff, to meet the increasing volume of work while they struggle with complicated compliance issues and a shortage of accounting staff. The staff, hungry for development and career advancement, is eager to attend training seminars on evenings and weekends as long as the company pays and the programs are certified. (Forbes -- Business)
PracticeWEB opens online payroll data collection service Nov 15, 2008
Aweb offers basic accounting / bookkeeping services (per India outsourcing) via their own preferred alliances. Far fetched - maybe but what if does happen. (Accounting Web, UK)
Newsweek: Ex-CIA expert on fighting al-Qaida now Oct 29, 2008
Do you know that they offer basic accounting continuing education classes to lawyers because most lawyers do not understand simple accounting. We have had enough mathematically challenged lawyers screw up our country. (MSNBC -- International)
From Politico Oct 17, 2008
Jonathan Martin's Blog: Joe the Plumber: No new taxes -- and no old ones, either - Politico. WOW, has this country lost its mind or what. (Harper's Magazine)
Cairo-Durham offering nontraditional programs to enhance education Oct 13, 2008
I do basic accounting jobs, data entry, I file basic returns, I balance checkbooks. I sign out (of school) every other day, I leave early, and I m allowed to go to my job. (Catskill Daily Mail, NY)
Calculus should be an elective Oct 11, 2008
Many run small businesses, but lack basic accounting and payroll skills. The 2008 report of the National Mathematics Advisory Panel from the U.S. Department of Education stresses that the goal for math instruction in high school should be the mastery of algebra I and II. No mention was made in the report of including any consumer math component, although it did point out that: Mathematics literacy is a serious problem in the United States 78 percent of adults cannot explain how to compute the... (Atlanta Journal-Constitution -- Opinion)
Murdoch: Obama's economic policies 'naive' and 'old fashioned'......'will ruin our relationships with the rest of the world' Sep 20, 2008
Murdoch: Obama's economic policies are 'naive' --The Live Feed. Murdoch: Obama's economic policies are 'naive. (The Drudge Report)
Web 2.0 Review: DIY business websites Sep 3, 2008
Most importantly, it was also the first to provide a secure PayPal shop, so I could start selling things if I wanted to - and even link into Express Checkout Online Shop for stock control, shipping management and basic accounting. At the end of the first year, Mr Site wanted 39 to renew the domain. (Accounting Web, UK)
Financial literacy points everyone should know Aug 4, 2008
Basic accounting: to know net value, one needs to subtract liabilities from assets, and it makes a big difference between whether we choose market prices versus book prices. The rights and responsibilities of consumers and institutions: people need to know there is a Federal Deposit Insurance Corporation, so bank deposits are safe - up to $100 000 (R726 200). (Business Report, South Africa)
WTO members offered to open up financial services Aug 2, 2008
processing basic accounting transactions posting, verifying and. ca.. (guardian.co.uk)
Aqilla internet accounting system goes live Jul 30, 2008
Those who just want to get their hands on basic accounting functions can log into the and register for a user account with the standing browser-based options. But Aqilla is also working with resellers such as 3r Fundamentals to support more complex customer needs. (Accounting Web, UK)
Microsoft Highlights New York Metro Area Partner Awards Program Recipients - Integrity Partners Jul 26, 2008
Having seen their work result in numerous sales wins and a strong sales pipeline, Integrity Partners continues to spearhead the advancement of Microsoft Dynamics-GP as the ideal solution for companies that need more than a basic accounting software. Integrity Partners' determined effort to exceed their client's expectations has proven beneficial to their Hedge Fund clientele by providing them not only with a new accounting system to fit their needs, but also a true partner relationship. (PR Newswire)
Career Trend: Downshifting Jul 16, 2008
"Starting a new business in something you are passionate about is a great way to find a fulfilling career, but at the same time, you want to make sure you have the knowledge you need to be successful. For example, if you want to become a massage therapist or bed and breakfast owner, you may need to take massage therapy classes, or basic accounting and entrepreneurial courses before making that leap.". "In our Massage Therapy program we find a number of older and career-changing students. This is... (Pekin Times, IL)
Malawi - AfDB Approves US $ 47 Million for National Water Development Programme Jul 3, 2008
Water system sustainability will be enhanced through the training of over 8,000 people in basic accounting, three-quarters of whom will be women. The total cost of the NWDP, which is in line with the Malawi Country Strategy Paper, is estimated at UA 147 million. (allAfrica.com)
Pentagon Lost $15 Billion in Iraq: Audit May 24, 2008
The lack of accountability of the funds, intended for purchases of weapons, vehicles, construction equipment and security services, amounted to a 95 percent failure rate in basic accounting standards, according to the report. "We estimated that the army made 1.4 billion dollars in commercial payments that lacked the minimum documentation for a valid payment, such as properly prepared receiving reports, invoices, and certified vouchers," deputy inspector general Mary Ugone told a Congressional... (Newsmax)
A Better Way To Help Those Caught In The Mortgage Crisis? Mar 21, 2008
"The servicers' workout failure is due to their use of statistical data from the Department of Labor and the Census Bureau to account for the borrower's cost of living. This method heavily skews the servicers' perception of the borrowers' ability to pay by showing positive net income when there is an obvious monthly deficit. Servicers are offering workouts based on the equivalent of stated information. Basic accounting principals tell you that if one number in an income statement is stated, they... (RealtyTimes)
Keeping Your Accounts Straight (2) Mar 1, 2008
Understanding Basic Accounting - The Income Statement. What your Profit (Income) Statement is all about, and the easiest ways to set up your accounts for a small business. (Suite101.com)
Kincaid counters critics at MEA Feb 26, 2008
akboy30 wrote on Feb 24, 2008 10:43 PM:" By the way, where do the MEA bylaws say anything about balancing contributions with expenditures? It doesn't, and it really should. Basic accounting really folks. Reading through the bylaws, there seem to be a number of things that should be explained, defined, or otherwise reworked. ". akboy30 wrote on Feb 24, 2008 10:37 PM:" Dennis- Oh, one other thing...the forms they filed aren't actually blank...they just show that they haven't received any... (Wasilla Frontiersman, AK)
Profile: Dorothy Pole, Hammanskraal's queen of ice cream Feb 14, 2008
Armed with her newly acquired knowledge of drafting a business plan, basic accounting and bookkeeping, she qualified for a R20 000 loan from Umsobomvu. Pole says she used this loan to open another branch in Lefatlheng, where she employs another 10 vendors. (Business Report, South Africa)
Former deputy clerk sentenced in stealing case Feb 7, 2008
go_fish wrote on Feb 5, 2008 4:39 PM:" Another victim of poor accounting practices and a complete lack of checks and balences. The county that is. Even a convenience store matches their cash register to their receipts at the end of every shift. The clerks office lacked the basic accounting practices that most entities involved in handling money institute. I'm not trying to blame the victim for the crime, but I've also worked around unlocked work stations and stuff does happen while the cat's... (Jefferson City News Tribune, MO)
Tax Season Drives Demand for Accountants Feb 4, 2008
These services cover a wide range of specialties from basic accounting that analyzes revenues, costs, liabilities and assets, to forensic accounting that investigates white collar crimes. Government Accountant/Auditor. (Fairfax Chronicle, VA)
Students have finger on business pulse Dec 14, 2007
He said teachers should also play a part in the project by teaching students about basic accounting processes. Post Your Comments. (Jakarta Post, Indonesia -- City)
Panel has blueprint for SUNY of future Nov 30, 2007
So he took basic accounting again. Paid for it again, too. (Albany Times Union)
So You Want to Work in a Casino? Nov 10, 2007
Basic accounting experience is ideal for this position, as you ll not only be counting money, but creating detailed invoices involving large amounts of cash, chips, credit cards, coupons, and in-house vouchers. Organizational skills are a must. (Suite101.com)
Bank targets 160 panel cooperatives next year Nov 6, 2007
The workshops will cover leadership, discipline, motivation, basic accounting and application of coop values and principles, he said. Bernama. (The Star Online, Malaysia -- Business)
Oct. 11: Our readers write Oct 26, 2007
BostonTParty wrote on Oct 12, 2007 8:19 AM:" No Restaurants are eating this tax. You are! Restaurants can't afford to take this kind of hit to the TOP line! Most people don't understand basic accounting. 2.12% of Total Sales is a HUGE amount for ANY business to absorb. Ask any business owner if they could GIVE AWAY 2.12% of thier SALES. ". Data Please wrote on Oct 12, 2007 6:36 AM:" Before allowing a statment of "Its a proven fact" to be published in an article, editorial, or letter to the... (News Enterprise Online)
School of Hard Knocks Oct 16, 2007
Go to your local jr. college basic accounting. Learn about the Statement of cash flows, a Balance sheet, financial footnotes. (SmartMoney)
Hold agencies accountable Sep 25, 2007
A recent Associated Press review found that 10 years after Congress ordered federal agencies to have outside auditors review their books, neither the Defense Department nor the new Department of Homeland Security has met even basic accounting requirements. The Defense Department never has passed an audit, which, because defense spending represents 20 percent of federal spending, has significant repercussions for the entire federal government. (Herald Online, SC -- Opinion)
GTB will ensure quality service in hotels Sep 21, 2007
The 28 participants were educated on "Facility Management", "Having a Positive Attitude Towards Work", "Basic Accounting", "Front Office", "Food and Beverage" and "Housekeeping". 21 Sept. 07. (Ghana Web, Ghana)
Outsourcing Gains Traction in U.K. Legal Market Sep 19, 2007
To date, the firm has focused on moving basic accounting and IT functions to India, covering such things as payments to suppliers, invoices, expenses and IT system development. In contrast to outsourcing efforts by other Magic Circle firms, Clifford Chance's Indian staff are all direct employees of the firm. (Law.com)
More of this story Sep 19, 2007
The Owasco Republicans can't do basic accounting or write checks properly. What a disgrace and where is our DA's office investigation in this election year. (Auburn Citizen, NY)
Defense, DHS fail audits Sep 15, 2007
Ten years after Congress ordered federal agencies to have outside auditors review their books, neither the Defense Department nor the newer Department of Homeland Security has met even basic accounting requirements, leaving them vulnerable to waste, fraud and abuse. An Associated Press review shows that the two departments financial records are so disorganized and inconsistent that they have repeatedly earned disclaimer opinions, meaning that they simply cannot be fully audited. (MSNBC -- Terrorism)
Audit finds botched bookkeping in Owasco Sep 14, 2007
"In order to have accurate financial reports, these items need to reconciled monthly," Ward said, noting many basic accounting practices had not been followed. "You'd rather catch those errors immediately than four months down the road.". (Auburn Citizen, NY)
Does SOA need MEST on top of REST? Sep 12, 2007
Parastatidis sees REST as being primarily about resources at the end of URLs where MEST would be the paradigm for the basic message in a business applications, such as an invoice requiring an action in a basic accounting system ... Parastatidis sees REST as being primarily about resources at the end of URLs where MEST would be the paradigm for the basic message in a business applications, such as an invoice requiring an action in a basic accounting system. (Search Webservices)
Real Estate Investors and the Paper Trail Sep 12, 2007
That's just basic accounting for the buy ... And again, that's the basic accounting part. (RealtyTimes)
Software review: MYOB Accounting Plus v16. By Nigel Harris Aug 15, 2007
Missing from other basic accounting packages, but nicely incorporated here is the facility to change quotes and orders to invoices and switch back and forth, a very basic requirement that Sage has failed to introduce in its Instant Accounts software. MYOB will also track the source of your sales. (Accounting Web, UK)
OpenMFG Takes on QuickBooks With PostBooks Jul 28, 2007
Lilly noted that PostBooks is a 'substantial' step up from QuickBooks in that PostBooks is more than just basic accounting software. "The name is also certainly intended as a nod to Postgres, our favorite database," Lily said. (CIO Information Network)
Adult Education Jul 2, 2007
A hairdresser needs to know basic accounting principles an actor needs to know basic marketing skills and any adult needs to know retirement planning. As one grows older, the wisdom of ages becomes increasingly important. (Suite101.com)
Systems are key to success Jul 2, 2007
It is necessary to know basic accounting. I must not only think of how to expand but also keep track of earnings that will partly go into investment, Gunasegaran told StarBiz in an interview. (The Star Online, Malaysia -- Business)
Bank Manager Calls For Micro Finance Bank Jun 22, 2007
The bank is now going to provide its clients business development skills, marketing techniques, prudent use of credit facilities and basic accounting programmes, he said. He added that the plans to offer free of charge, legal, health, social obligations and other counseling services to its clients by contacting experts to handle such issues. (Ghana Web, Ghana)
Setting IT Strategic Priorities Jun 8, 2007
Back-office systems provide functions for basic accounting and other internal administrative functions. The front-office systems are used to operate the business. (Datamation)
Professor uses Monopoly to teach accounting May 25, 2007
"This simulation is notorious for being challenging, yet students are engaged in the activity and feel that it made a huge difference in truly understanding the accounting cycle and basic accounting principles.". Peterson said she has been using the simulation for most of her teaching career, including the past eight years at Monmouth, where her office includes a brightly-colored Monopoly rug. (Monmouth Daily Review Atlas, IL)
Bookkeeper, Accountant, or CPA May 22, 2007
An accountant should be educated in all basic accounting functions and will most likely have a bachelor s degree in accounting or business and possibly a master s degree as well. Hiring an accountant may be appropriate for your business if the complexity of the daily entries is greater than a bookkeeper may be comfortable with. (Suite101.com)
Civic center time-crunch eased May 17, 2007
wrote on May 16, 2007 5:17 PM:" Give me a break. Our mayor needs a basic accounting course. If the civic center does not cover its expenses and the citizens of RC do not pay, who does? Pretty simple all revenues in our city come from tax payers. Maybe they will grant all homeowners of Rapid City a TIF on their current real estate owned. ". CDA wrote on May 16, 2007 5:15 PM:" I admire the mayor for having the guts to grow such a full beard as summer approaches. He looks like he sort of strolled... (Rapid City Journal, SD)
China Small Biz Big IT Spenders May 4, 2007
According to the research house, the first wave of IT adoption involves the establishment of basic IT infrastructure such as personal computers, as well as basic accounting and HR tools. The second wave consists of building connections with external parties beyond the enterprise, including suppliers, resellers, channel partners and customers. (BusinessWeek)
1 Comment(s) Judge orders external audit of diocese Apr 12, 2007
wrote on April 11, 2007 10:25 PM:"A multimillion dollar organization and they can't do basic accounting. Now you know where your donations go...somewhere else that you can't trace...easy to steal this way and even easier to conceal. Hope this judge throws the book of contempt at them.". Add Your or. (North County Times)
Is Microsoft Office 2007 Right for You? Apr 5, 2007
But if your business isn't a "knowledge business" and doesn't create or use a lot of data other than e-mail and basic accounting information, Office 2007 probably offers more than youll ever need. Youll do fine upgrading organically--getting the new Office when you buy a new computer or upgrade your software in its normal life cycle. (MSNBC -- Business)
Springing forward Mar 21, 2007
"Companies have been willing to way overpay to get a very senior resource to do basic accounting just so they don't get the scary temporary [worker]," Folkestad said. He and Langer also want to give people the chance to work toward a consulting career with Salo and its spinoffs, they said. (Twin Cities Business Journal, MN)
Khodorkovsky Calls Charges a Farce Feb 8, 2007
Yukos' former CFO Bruce Misamore on Wednesday defended the oil company's sales practices, saying the latest charges against Khodorkovsky and Lebedev were a result of the Russian government's misunderstanding of basic accounting principles. "From what I know about the charges, they are 100 percent completely false and they arise from the complete ignorance by the Russians of international accounting standard practice," he said in a conference call from Tampa, Florida. (The Moscow Times)
Business in Brief (Th) Feb 3, 2007
Employees of the Hunt Valley-based company learned basic accounting skills and received training on a new company-wide accounting system. Although the system's vendor conducted the training, half of the training costs were provided through the county's training grant program. (Towson Jeffersonian, MD)
Diocese: FBI, U.S. attorney altered it to 'hidden' account Jan 23, 2007
Despite Moynihan's promises, Lori said little changed at St. Michael after a 2004 review of parish finances that revealed a lack of basic accounting practices, such as preparing a budget and tracking expenses. Last summer, St. Michael's became the first of seven parishes targeted by the diocese for external audits. (Stamford Advocate)
Commission hires new administrator Jan 23, 2007
"The basic accounting structure is the same whether it is a county school system or city or county government. The one difference I see is the variety of challenges ahead in dealing with department heads, but we do that even with the board.". District 2 Commissioner Charles Shaw said he is confident Beck will be able to adjust to the inner workings of county government with little problem. (Alexander City Outlook, AL)
Some defend ousted pastor: Diocese details financial mismanagement Jan 22, 2007
St. Michael's review came in 2004 and showed that basic accounting practices were lacking, such as documenting expenses and preparing a budget, Lori said. Moynihan assured Lori that things would improve, the bishop said. (Stamford Advocate)
NEVADAN AT WORK: Jackpots to cook pots: Slot-floor boss-turned video producer sizzles with Cheflive Jan 8, 2007
Question: Was it difficult to balance the books or handle basic accounting. Answer: No. Early on, I made sure I kept track of everything and I got an accountant. (Las Vegas Review-Journal -- Business)
Rewarding corporate honesty Jan 2, 2007
One type should apply to every public company -- for example, basic accounting regulations. With good reason, the act specifies activities companies have to report, how to calculate various items in their accounting statements, and so on. (Boston Globe)
CFIT's Web-based accounting services help small companies stay focused on business Jan 2, 2007
Small- and medium-size businesses that don't have the capability or desire to do basic accounting and bookkeeping in-house now have an option with Corporate Finance & IT Solutions. is a Web-based accounting firm that can handle such functions as general ledger, accounts payable and receivable, bank reconciliation and payroll functions using Sage Mid-Market Accounting Solutions software products, for which CFIT is a licensed reseller. (Memphis Business Journal, TN)
