If you’re still having trouble grasping the relevance of Web 2.0, look no further than the Nov. 4 elections. They served as Web 2.0′s coming-out party in the world of politics, and what a debut it was.
Bill Sheridan explains it all.
Next question: How will Web 2.0 Government work?
If you have the feeling that your office is not as up to speed with technology as it needs to be, you may have plenty of company.
by Rick Telberg
There seems to be a consistent sense of frustration among accountants – in both public practice and in business and industry – that their organizations are falling behind the technology curve and shrinking their bottom lines by failing to move fast enough to the newest efficiency-enhancing systems.
To be sure, the CPA profession is among the most technologically advanced professions in the American economy. But sometimes senior management’s unwillingness to address technology issues can be the biggest hurdle. And with the economy in crisis, finance and accounting workplaces could suffer.
You’d think the small business market must shrink in a recession. But you’d be wrong.
And it can be a fatal mistake, according to Warrillow & Co. researchers.
The net number of small businesses actually grows during a downturn. The number of start-ups actually increases compared with previous years.
The reason: READ MORE →
What’s your best advice for how the next President should try to fix the financial system and the economy?
Hundreds of CPAs have clicked on the survey link and added their comments and ideas for the next President. You can join the survey here; and get the results. Or, just add your comments directly below by clicking here.
Here are a few of the latest comments from finance and accounting professionals around the nation:
1.     STAY OUT OF IT! What makes our capitalism work is that the government does not control it. I believe things will correct themselves faster on their own, than if the government gets involved. That being said, however, I do think the government should look at the possibility of regulations in the banking and mortgage industries that might prevent situations like the Fannie Mae and Freddie Mac fiascos.
2.     Forget about a permanent presidency (i.e. trying to get re-elected immediately after taking office).
3.     Mergers and consolidation of city, county state and federal government. If it is so good for the private sector why not the government?
4.     Get government out of the lives of the citizens. Also, make all people pay some federal income tax. Also, slash government spending in half overnight. Further, send Congress home for six months of each year.
5.     End the tax cuts from the Bush administration effective with the 2009 tax year. Get to work on the country’s infrastructure and health care crises.
Accountants have plenty to say to the next President. Add your comments here.
by Rick Telberg/At Large
Imagine for a moment that you could do more than just vote on Tuesday. Imagine you could whisper in the ear of the next President. What would you say?
Well, we have been asking, “What’s your best advice for how the next President should try to fix the financial system and the economy?”
And after hearing from 153 accountants in just a few days, it’s clear that CPAs seem to be going to the polls this election year with more than their vote. They also have plenty of ideas and a lot to say.
Bob Jensen, a truly legendary accounting professor, has been blogging about accounting since before they were called blogs.
Lately, he’s been taking aim at the SEC’s and FASB’s support of IFRS. He pulls no punches, and even includes in his latest commentary this hilarious Photoshopped picture of Star Trek’s Dr. Mr. Spock decked out in an IFRS-emblazoned green eyeshade.
Jensen says:
The roaring SEC-FASB (read that Cox-Herz) Enterprise for replacing domestic accounting standards such as U.S. and Canadian GAAP is analogous to letting the Federation govern the world. Both the U.N. and the International Accounting Standards Board have lofty intentions, but multinational politics in the Federation is a nightmare to behold.
CPA Trendlines Technology Journal of Accountancy
