Accountant Volunteers Relocate
¤ Accountants for the Public Interest has moved
to offices on the campus of the University of Baltimore. The
new address is Accountants for the Public Interest, University
of Baltimore, Thummel Business Center, Room 155, 1420 North
Charles Street, Baltimore, MD 21201. Phone: 410-837-6533; fax:
Consultants for the
¤ The National Executive Service
Corps is a nonprofit organization of retired and working
executives that provides low-cost consulting services to
nonprofit clients. For details, call NESC vice president
Heather Weston at 202-835-1579.
Winning Big by
Helping the Small
¤ The U.S. Small Business
Administration has named Peter Beck, a partner of Umble,
Gayhart and Jacobsen, in West Chester, Ohio, Accountant
Advocate of the Year. The SBA cited Beck's ability to help
small business clients with complex tax and accounting
problems and his willingness to volunteer his time helping
fellow business owners through the Mason Landen Kings Chamber
The Family Client: Not Much Has
¤ Census Bureau figures on the
American family show little difference between 1990 and 1997.
In 1990, married couples with own children under 18 made up
26% of all households. In 1997, that figure was 25%. The
biggest difference was in the percentage of mother-child
family groups with a never-married mother, which rose from 33%
The Competent Insider
The Institute of Internal Auditors is publishing The
Competency Framework for Internal Auditing (CFIA).
Covered topics in the six-volume publication include the
global landscape, best practices and competent practitioners,
internal auditing knowledge, the future of internal auditing,
assessing competency and conceptual foundations. The set costs
$349 for IIA members and $399 for nonmembers. For details,
call the IIA at 407-830-7600 or visit it online at www.theiia.org .
And You Thought Y2K Was Bad
problem programmers seemed to miss: the Dow may someday reach
10,000. At least one consultant is warning that some Wall
Street computers will not be able to handle a five-digit Dow.
The SEC, however, says that an informal review shows that most
affected systems are prepared for the change.
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People Reach Out and Touch Someone
According to the Census Bureau, the communications industry
had a big boom in 1996, the latest year for which statistics
are available. Revenues in radio and TV broadcasting services
increased by 9%, although expenses were up by 10% over 1995.
In the same period, telephone communications industry revenues
increased by 10%, while expenses went up by 7%.
What Is in a Name?
¤ In early June, the
Office of Management and Budget said the official reference
manual for using the new North American Industry
Classification System (NAICS) would be available at the end of
that month. NAICS, a joint project of the United States,
Canada and Mexico, replaces the Standard Industrial
Classification (SIC) system. Federal agencies will phase in
NAICS from 1999 to 2004. To order, call the National Technical
Information Service at 800-553-6847 or 703-605-6000.
Hardcover, paperback and CD-ROM versions are available. For
details, or to order online, go to www.ntis.gov/naics .
Lybrand Is Out
¤ On July 1, the
largest accounting firm in the world officially became
PricewaterhouseCoopers, with a new logo and monogram. Go to
www.pricewaterhouse.com and www.colybrand.com
CPA Is Treasury Trailblazer
¤ Deborah Walker, former chairwoman of the AICPA tax
executive committee, is the new deputy benefits tax counsel
for the Treasury Department. She will serve under benefits tax
counsel J. Mark Iwry, who said that for the first time the
employee benefits team will have a CPA in a high-ranking
position. The other team members are lawyers and actuaries.
Well, We Were Wrong
wisdom said that the Internet was a heavily male preserve, but
at least among business owners that's an incorrect assumption.
According to the National Foundation for Women Business
Owners, 47% of female business owners subscribe to an online
service, as compared with 41% of the men.