By: Vedder, Price, Kaufman & Kammholz March, 2000 (Vedder, Price, Kaufman & Kammholz) — Today’s changing public markets have caused small to middle-market public companies to re-think the benefits of staying public. These same market characteristics have also spawned a great deal of interest in the private-equity and leveraged buyout markets for companies that present bargain opportunities
uly 28, 2003 (USA TODAY) — BearingPoint has won a controversial U.S. contract to rebuild Iraq’s shattered economy, opening its banks, setting tax rates, issuing a new currency and generating jobs for millions of idle workers. This article originally appeared July 21, 2003 The McLean, Va.-based consulting group in late April looked to be the winner of
HR Professionals Learn to Manage Group as Large as the Boomers By: Dawn Anfuso Feb. 14, 2001 (SmartPros) — First there were Baby Boomers, 76 million people born between 1946 and 1964. They comprised working America — until 1982 when the next generation of folks, generation X’ers, started trickling in. The X’ers were a different breed than
Feb. 13, 2002 (Knight Ridder/Tribune) — Fifteen years ago, when the financial world was rocked by the savings and loan scandal, the accounting industry faced a crisis not unlike the one it faces today. Lawsuits were mounting, millions of dollars were paid out in settlements, and the image of accountants was plummeting. The nation’s largest accounting
By: SmartPros Editorial Staff SAN DIEGO, June 25, 2002 — Managerial accounting of the future will include educating non-financial operational managers on the foundations of managerial accounting and how they support managerial decision making, according to an expert on the subject. Gary Cokins, Director of Industry Relations at ABC Technologies and an expert on activity-based cost management
By: David Gebler July 2004 — Recent statements by Enron’s former CEO Kenneth Lay highlight in stark terms the role leaders need to play in integrity based organizations. In July 2004, as charges were finally filed against Lay, he laid out the basis of his defense by pleading ignorance of the illegal activities that led
Apr. 8, 2003 (Associated Press) — Tax returns have always had a grueling route from scraps of receipts in a shoebox to scrutiny in the halls of the Internal Revenue Service. Now, some are taking a more circuitous detour — through India. The accounting industry has recently begun using the burgeoning India outsourcing and technology markets
By MADLEN READ (AP Business Writer) March 27, 2008 (Associated Press) — NEW YORK – Citigroup Inc. agreed Wednesday to pay $1.66 billion to creditors of Enron Corp. who lost money when the energy trader collapsed in 2001. Citigroup was the last remaining defendant in what was known as the “Mega Claims” lawsuit, a bankruptcy suit
By Vanessa Burnette July 2004 (VSCPA) — Auditors commonly encounter three issues while auditing nonprofit organizations: insufficient staffing of the accounting/finance department, weak internal communications and deficient application of internal control. These issues can affect the reliability of financial information reported by an organization, weaken the competitiveness of the organization at a time when donor pools
FAIRFAX, Virg., July 26, 2002 — Anti-laundering expert Don Temple outlined the 10 most common techniques used to launder money. The following list represents several of the methods used by money launderers to accomplish the first stage of money laundering, the placement stage. Did You Know That Money Launderers… 1. Often exchange small denomination bills for one
Re: Advice to Accounting Students: Smile at the Big Five But Look Elsewhere for a Job From: Bob Jensen, Jesse H. Jones Distinguished Professor of Business, Trinity University, San Antonio, Texas, [email protected], http://www.trinity.edu/rjensen I don’t agree entirely with Ed Ketz, but his article is food for thought. What Ed fails to balance in the article are some of
By: Kenneth Jarvis Nov. 22, 1999 (SmartPros) — Whether you use Excel, Lotus 1-2-3, Quattro Pro, or any other spreadsheet package; the spreadsheet application is one of the most commonly used. Due to this widespread availability and the increased demands in the workplace, spreadsheet models and schedules have significant risks without established quality control practices. Some spreadsheet