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Stewart Twynham’s IT security diary - The tip of the iceberg

HMRC's loss in transit of 25 million confidential records is a catastrophic failure of internal controls, poor planning, inadequate training and circumstances that came together in a perfect illustration of Murphy's Law. Stewart Twynham looks at the underlying causes and predicts yet more trouble for the government.
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Dave Hartnett chosen as acting HMRC chairman

HMRC has confirmed Dave Hartnett as acting chairman following the sudden resignation this week of his predecessor Paul Gray.
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IFRS: ‘Buckle your seatbelts’

The “date certain” for conversion to International Reporting Standards (IFRS) may be as soon as 2014, according to Kenneth Marshall, a partner in E&Y’s Assurance & Advisory Business Services practice, which, with three-year comparative reporting, will mean that U.S. companies should begin the process of adapting their accounting and other business systems within the next eighteen months.

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Mobile banking expected to soar

More and more, people are ready to go mobile with their banking needs whether their money is at one of the nation's largest banks or their neighborhood credit union.
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Forty awards distributed to honor top marketing tactics

The Association for Accounting Marketing distributed 40 Marketing Achievement Awards (AAM-MAAs) to 30 different firms to recognize their outstanding achievements in the areas of accounting marketing and communications.
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PricewaterhouseCoopers and students help community

Last month, a unique partnership came together to make a difference in a park in Binghamton, NY.
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Las Vegas CPA firm presents student art award

On Thursday, May 29 at 10 a.m., team members from Johnson Jacobson Wilcox CPAs and branding/design firm one11 visited Kermit R. Booker Sr. Empowerment Elementary School at 2277 N. Martin Luther King Boulevard to award the winner of the firm's annual art contest.
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Business and accounting students lend helping hand to music venue

A Manchester College business class is setting its students on the path of corporate philanthropy even before they enter the real business world. On May 14, in the middle of finals, students in BUS-474 Case Studies in Business suited up to present the profits of their mock corporation to a local youth hangout very much in need.
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New debit/credit card law protects merchants

After hundreds of retailers and restaurants ran afoul of the law by printing expiration dates of credit and debit cards on receipts, a change protects them from frivolous lawsuits.
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CPA Technology awards reward innovation

Technologies focused on increasing productivity and efficiency through streamlined workflow processes and management stole the spotlight at the 2008 Tax & Accounting Technology Innovation Awards, held Tuesday, June 12, at the California Accounting and Business Show & Conference in Los Angeles.
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EditGrid introduces Excel Add-in

EditGrid, the web-based spreadsheet as a service system, has introduced an Excel Add-in that links online files to Excel applications running on your PC desktop.
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Panorama and Alchemex spearhead ‘analytics as a service’ push

The recent addition of a pivot table gadget for Google Spreadsheets signalled the beginnings of an online attack on Microsoft Excel's hold over business analysis.
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ExcelZone Compendium: Printing tips (Excel 2007 update)

Simon Hurst presents techniques to give you greater control on how you output your spreadsheets - some of which could help you save on paper.
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New tax penalties: Unrepresented taxpayers don’t stand a chance

Unrepresented taxpayers will not stand a chance under HMRC’s new penalty regime thinks Accountingweb.co.uk’s tax editor Nichola Ross Martin after attending the ICAEW Tax Faculty’s London conference, “The new HMRC powers and their effect on your practice”...
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Ministers asked to look into mileage allowance rates

Many tax commentators have not picked up on the fact that HMRC "is content" for its new approved fuel only mileage rates to be implemented immediately ie from 1 June.

HMRC said "We have agreed with employers that we should give them one month's notice...

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Zero penalties – a thing of the future. By Rebecca Benneyworth

Rebecca Benneyworth continues her review of the new tax penalty regime. It is all a matter of behaviour...
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Apple adds 3G capabilities to $199 iPhone

Apple has cut the price of its new standard 8GB iPhone 3G to $199 - but the new versions won't be available until July.
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Wenham Major chairman still indisposed

Wenham Major chairman still indisposed

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CEO’s Diary: Absurd

The shareholders have imposed impossible conditions on the CEO being a non-exec
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CODA adds to its success in the Care Home sector with two new customers

CODA Group, the finance software specialist, today announced the signing of two Care Homes providers.
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Finance Bill: Bad Ideas ‘R’ US. By Simon Sweetman

So we have more legislation that is just a nuisance and which apparently serves no useful purpose : legislation that was not consulted on or discussed...
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AccountingWEB’s Technology Top 10

Technology editor John Stokdyk presents a selection of essential hardware devices and peripherals for the practicising accountant
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Everything you need to know about business intelligence from MyCustomer.com

AccountingWEB's sister site MyCustomer.com has published a supplement on business intelligence offering insights that will also be helpful to finance managers and accountants.
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Business software news: Microsoft introduces Dynamics AX 09

New edition of Microsoft's youngest enterprise resource management system shows how the company's strategy is evolving....
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Overseas travel : New guidance was too tricky

Just months after publishing details of how employers can reimburse employees for accommodation and subsistence expenses when their duties take them overseas, HMRC has decided to withdraw its benchmark tables from its site and also drop the requirement f...