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Home   Join   Members   Resources   Events   Foundation Aug. 3, 2010

Initiative to overhaul global reporting standards
Financial Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
A coalition of businesses, regulators, accountants, securities exchanges and not-for-profit groups is launching an initiative intended to overhaul international company reporting in the wake of the financial crisis. The crisis has raised concerns about the value of company reporting, with the annual reports and financial statements of banks especially criticized for having failed to alert investors to the risks companies were running. Investors are focusing more on the effect issues such as climate change may have on company finances. More



When does desire become inside information?
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail
article
Tucked in the fraud complaint that the Securities and Exchange Commission filed against the Texas billionaire brothers Samuel E. Wyly and Charles J. Wyly is a charge that they traded on inside information about a planned sale of one of their companies, Sterling Software, to Computer Associates, now known as just CA. Unlike the complex fraud claims based on the failure to disclose the use of offshore trust accounts to sell shares, the insider trading count seems much simpler for the SEC. to prove by alleging trading before the announcement of the sale of Sterling Software in February of 2000. More

How business owners can benefit from contemporary forensic accounting
Smart Business Network    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With increased regulatory demands and constant threats of fraud and misconduct, businesses have to watch their backs, especially when it comes to finances. And in many cases, having a traditional accountant is not enough. Instead, you may need someone who has not only accounting skills, but investigative and analytical skills, as well. In other words, you need a forensic accountant. More



We need work life policy
BlogHer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For over two years, The Four Hour Work Week has been a national bestseller. Why? Because most of us resent feeling tethered to our jobs, and we know we could still do great work even if we had the ability to control our schedules and factor family needs into our day. But workers are completely on their own to figure it out. Out of 168 nations, 163 have some form of paid maternity leave, leaving the United States in the company of Lesotho, Papua New Guinea and Swaziland. Nice. We are grown ups who have home and work demands. Why don’t employers get it? More

Online sales tax gains momentum in Congress
Information Week    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Internet retailers, bricks-and-mortar stores, and elected officials battle over whether states should collect taxes on online sales. After gathering some momentum, the latest Congressional effort to impose sales taxes on online purchases has run into a hurdle in the form a resolution from New Hampshire Rep. Paul Hodes urging his House colleagues to reject the legislation. Efforts to tax online purchases have foundered for years, although individual state efforts have had some success. More
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Assurance Services
As the world struggles to balance the dream of international accounting standards with the realities of national customs and laws, the Emerging Issue Task Force (EITF) of the Financial Accounting Standards Board (FASB) is stepping up to new issues with answers that might affect you. More info
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Tap into the power of Visual Studio
Visual Studio Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Daily coding is a lot easier when you know how to use Visual Studio effectively. To optimize your experience with the latest Microsoft IDE, try these practical tips and shortcuts. In the first part of this three-part series on getting the most out of Visual Studio 2010, we looked at some tips that can help developers get started with the new version and personalize the layout of the user interface. In this installment, we look the updated project dialog in Visual Studio 2010, as well as opportunities to improve navigation. More

Paperless office: A reality or dream?
Ecopreneurist    Share    Share on FacebookTwitterShare on LinkedinE-mail article
There has been buzz of the paperless office for some time now. Although it sounds nice in theory, is it actually possible? Did you know that, "the typical U.S. office worker uses more than 10,000 sheets of paper per year, which is about two cases of paper per employee. With an average price of $40 for a case of standard copy paper, this is an $80 annual cost per employee," according to a study conducted by California's Alameda County. Document management software has been around for some time, and can really organize your files and can help you make the move to a paperless office. For the marketing department though, this could pose a problem if you use mailers or pamphlets as part of your marketing strategy. Below are some tips to get your marketing department to cut down on paper. More

'Attrition risk' credit score may get you a better card deal
CreditCards.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Fallen out of love with your credit card issuer? Chances are, the bank already knows about your wandering eye, thanks to an obscure credit scoring model. Like credit scoring models, attrition-risk scores are used to predict a consumer's behavior, in this case the likelihood they could start a new relationship with a business' competition. "Attrition modeling is focused on which current customers are most likely to go elsewhere within a certain amount of time," says Gregg Weldon, chief analytical officer with AnalyticsIQ Inc. in Atlanta, via e-mail. More

Microsoft releasing urgent security patch
RedOrbit    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Microsoft is issuing an urgent security flaw update for the Windows' shortcut feature. The bug allows attackers to booby-trap shortcuts which help them take over a target computer. According to BBC, the software giant said that it released the patch because it had seen an increase in the number of attacks on the vulnerability. The patch is being released today and will be sent out to those that automatically update their machines. It will also be available via the Windows Update site. More

Youth changing the workplace
Daily Nation    Share    Share on
FacebookTwitterShare on LinkedinE-mail article
They are tech-savvy, ambitious and easily bored and they are presenting new challenges to managers in many companies. These youths born in early 1980s, and labelled Generation Y, did not experience major political happenings like the 1982 coup or the fight for multi-party democracy in the 1990s. They were too young to comprehend. They are in their 20s but have arrived at the work place with fresh demands that have set the human resource managers cracking their brains. More


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