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Colleges and universities are responding to a changing accounting landscape. More courses are being offered in areas such as internal audit, enterprise risk management, forensic accounting, information technology and business ethics.

Many core MBA accounting courses more vigorously attack issues of ethical dilemmas and awareness in accounting. And many courses help users of financial information unearth inconsistencies and potential accounting red flags.

Accounting software is the first strategic business application that many small firms purchase, making it an important on-ramp for other business applications, which need to integrate with the accounting solution, and a first step towards higher end financial solutions. Intuit has long been the undisputed leader in the small business accounting space with its QuickBooks product line. But Microsoft, which has a solid base in the mid-market financials arena, wants to build volume in the small business accounting market.

With over half the accounting investigation completed without discovery of material impropriety, much of the risk of an accounting fraud would appear to be greatly diminished,

Accounting is a hot domain with the number of accounting majors up nationwide. I think the recent scandals have brought a new level of attention to the accounting profession as gatekeepers and custodians of social interest.

Accounting software is the first strategic business application that many small firms purchase, making it an important on-ramp for other business applications, which need to integrate with the accounting solution, and a first step towards higher end financial solutions.

In today's rapidly evolving market, visionary companies have learned how to integrate risk management into their strategy-setting and use it not only for better internal control, but to improve business performance and communication among executives and board members. Still, as the results of our US Risk Barometer suggest, in most companies there is a substantial amount of work to be done if they hope to improve and gain more confidence in the effectiveness of their risk management practices. Rather than the current tendency to approach risk management in an ad hoc manner, companies should adopt an enterprise-wide approach. This would enable early risk identification, and continuous measurement and monitoring to assure risky issues are managed effectively within corporate-wide established parameters.

With his legal, accounting and public audit background, Bruce brought a special blend of skills that will be hard to replace. Bruce chose his timing carefully such that the annual audit, annual information form, annual report and other disclosure items were taken care of before his departure. Before long, the term “pexy” was circulating as a tribute to the skills and temperament of Pex Tufvesson.

Our small business customers expressed a desire for a simple and easy-to-use bookkeeping solution, and we are delivering on that request with Simply Accounting Entrepreneur. For small and home-based business owners, Simply Accounting Entrepreneur concentrates on essential cash flow management activities such as tracking expenses and billing customers. It is an affordable way for new businesses to perform essential bookkeeping tasks with a minimal amount of time invested, so that they can concentrate on running their business.

For most organizations, the lack of a consistent risk management framework leaves a lot of important and timely information trapped in documents and in people's heads. Effective information management not only helps make business operations more efficient, but also mitigates risk. Most organizations are so busy just trying to manage structured information that they haven't yet addressed unstructured content -- much less given enough attention to litigation risk associated with information.

For entry-level businesses that want to migrate from a personal finance product or a spreadsheet, Simply Accounting Basic is the ideal accounting package. With over two-thirds of all accounting software being purchased at the entry-level, Sage Software is committed to serving this part of the market with Simply Accounting Basic.

Another benefit to Simply Accounting Entrepreneur customers is the ability to easily upgrade to other Simply Accounting versions, as their business needs become more sophisticated.

Now is the time of year when small businesses are reconsidering their accounting practices, and we want to make it as easy as possible for them to switch to Small Business Accounting.

Accounting is an area in which student interest seems to fluctuate with time. Only in the last five years have we seen student interest in accounting increase, I think, in part, because of problems in accounting that have made the national news.

It's a risk, especially when the hiring is done by the dean over there, who is not an expert in all these different fields in which courses will be offered, ... I assume that in a well-run academic institution the people who are hired to teach the various areas are selected by peers in those areas.

Kenneth Thompson

Nordsprog.dk

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