Sunday, July 31, 2011

Pointers for Finding a Good Accountant - Associated Content

For those who know nothing about filing or organizing their taxes, hiring a tax accountant is a must. You do not just hire any accountant to do organize your finances for you however; you must find a good one so you'll be sure that your taxes are handled properly. Hiring just anyone off the street is risky-you'll be hiring an accountant to make things easier for you, to guide you and help you with your taxes and you shouldn't risk relying on someone you don't have the confidence in to do that job.

If you are one of those people who are looking for a tax accountant, consider these pointers first before hiring anyone.

Ask for recommendations. This is always a good start-off point in hiring a tax accountant. Ask people you know who have their finances in check if they can recommend someone who can do your taxes for you. Business associates or friends are good people to go to to ask for recommendations since they will give you an honest opinion on how their accountant performs as well as the good and bad points about the accountant that they hired. Be sure to ask several friends and colleagues as well, not just one or two.

Once you have asked for accountant recommendations, list down their names and contact information for easy reference. If you can remember the good and bad points given by those who have recommended them, it is good to note them as well in pros and cons.

Source: http://www.associatedcontent.com/article/8189541/pointers_for_finding_a_good_accountant.html

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Thursday, July 28, 2011

Raed Ahmad Appointed Partner at Ernst & Young - Ammon News

AMMAONNEWS - Raed Ahmad, previously Senior Director of Assurance Services at Ernst & Young?s Jordan offices, recently assumed his new position as Partner at the Firm. Ahmad?s extensive career in the field of audit and assurance includes working with clients in the diverse sectors of aviation, retail, telecommunication, consultation, real estate, banking and investment.

Bishr Baker, Office Managing Partner at Ernst & Young Jordan, explained that this step is in line with the Firm?s support of its people?s career development. ?We would like to congratulate Raed on his new appointment and are confident that he will be an invaluable asset to the Firm, where he will undoubtedly continue to grow. We wish him the best of luck in his new role.?

Raed Ahmad holds a B.Sc. in Accounting from Jordan University, is a Certified Public Accountant, and is a member of the American Institute of Certified Public Accountants.

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHbOd6ippbNyr6fTLg9ig1K6bmLqw&url=http://en.ammonnews.net/article.aspx?articleNO=12831

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Wednesday, July 27, 2011

Retired accountant publishes book

A man with a lifelong passion for writing has published his first book, despite spending 25 years of his life as an accountant.

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Martin Bates was made redundant from a US bank in 2008. Unable to face the prospect of finding another job as he approached 60 he took time out to consider his future.

He also dusted down all the unfinished novels that had begun to gather dust under his bed. He then promised to read them all one last time before shredding them.

Yet, one had passed the test of time. Martin told the Recorder: ?There was one that I read and it had a lot of power for me. I thought I can?t shred this. I?m going to re-write this.?

However despite his original conviction about the book, it was another 18 months before he had something that could be presented to publishers.

It was a literary editor who helped Martin produce the finished work, goading him to do better and raising the bar every time he reached a milestone.

Now Martin, who lives in Capel Road, Forest Gate, has published it, calling it The Little Girl of the Favela. It is set in the 1980s and its central character is a psychic girl from the slums of Rio who arrives in London with hopes of making her fortune.

It is an eclectic mix of humour and spiritual insights some of which must stem from his experiences of life, perhaps gained during a decade of travelling the globe. In India he spent time with the Maharishi Mahesh Yogi, famous for teaching The Beatles to meditate.

Although he made a good living as an accountant, writing has always been his passion. Martin said: ?I used to read a lot as a boy. I was very good at creative writing and got an A for ?O? Level English. I used to get a quite a few accolades. Beyond that I used to write casually but it was really in the 1980s that I wrote a lot. That was my most productive period of writing - I wrote lots of short stories and started quite a few novels.?

Martin will have a stall at the Forest Gate Festival in Osborne Road tomorrow where he will be signing copies of his book.

For each book sold, Martin will donate �1 to Richard House Children?s Hospice.

Source: http://www.newhamrecorder.co.uk/what-s-on/books/retired_accountant_publishes_book_1_957706

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Sunday, July 24, 2011

Plea deal nears closer in larceny case of former city accountant

STAMFORD -- A former municipal accountant accused of embezzling $21,000 from the city is working out a plea deal with prosecutors that could be resolved during his next court date in August, his defense attorney said.

James Santorella, 64, of Norwalk, was charged last May with a two counts of first-degree larceny, which each carry a maximum penalty of 20 years in prison, for allegedly stealing thousands of dollars in municipal funds while serving as an accountant in the city controller's office. He worked for the city of Stamford since 1974 before resigning and turning himself in to police.

Santorella appeared Thursday at state Superior Court in Stamford. His case was continued to Aug. 11. The alleged thefts spawned two civil suits, one by the city Pension Board targeting Santorella's monthly retirement payouts and the other by the city seeking damages at triple the amount he is accused of embezzling.

His defense attorney, Stephan Seeger, said he hopes to resolve all three matters before the next court date. Seeger said he met with city attorneys and elected officials last month to discuss the pending resolution.

Seeger said Santorella plans to pay back the stolen $21,000 in restitution and more to cover the costs associated with audits that uncovered the scope of the alleged thefts. Paying restitution plays a important role in determining whether defendants serve prison time in non-violent larceny cases.

"He wants the city to be made completely whole," Seeger said.

Santorella was arrested a month after authorities discovered a much larger theft of city funds. Fred Manfredonia, a human resources specialist, admitted to stealing $350,000 from the city over the course of several years.

Manfredonia pleaded guilty to a felony larceny charge and was sentenced this March to five years in prison.

Stamford police began investigating Santorella last year when his co-worker uncovered a questionable payment in his name that lacked documentation. An internal city probe found Santorella altered computer records of that payment and a second questionable transaction.

Santorella admitted during a police investigation to taking thousands in city funds, and turned himself in to police, court records show. He was not held on bond, and instead signed a written promise to appear in court.

Staff writer Jeff Morganteen can be reached at jeff.morganteen@scni.com or 203-964-2215.

Source: http://www.stamfordadvocate.com/news/article/Plea-deal-nears-closer-in-larceny-case-of-former-1457200.php

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Friday, July 22, 2011

Elizabeth Schlosky, 77, of Middleboro, accountant - Boston Herald

Elizabeth L. Schlosky of Middleboro, a retired accountant, died Monday at the Golden Living Center in Middleboro. She was 77.

Ms. Schlosky lived in Jamaica Plain and Quincy before moving to Middleboro.

She graduated from Blessed Sacrament High School in Jamaica Plain and received a bachelor?s degree from Northeastern University in Boston.

Ms. Schlosky worked as an accountant for New England Telephone and Telegraph for 34 years, retiring in 1987.

Companion of the late Richard Cunningham, Ms. Schlosky is survived by two sisters, Dorothy L. Ryan of Middleboro and Vivian G. Begin of Maine; and several nieces, nephews, grandnieces and grandnephews.

A funeral Mass will be celebrated at 10 a.m. Friday at St. Ann?s Church, Quincy.

Burial will be in Blue Hill Cemetery, Braintree.

Arrangements by Keohane Funeral Home, Quincy.

Source: http://www.bostonherald.com/news/obituaries/view.bg?articleid=1349919

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Tuesday, July 19, 2011

Q&A: G Ramaswamy, President, ICAI - Business Standard

Q&A: G Ramaswamy, President, ICAI
'We are working on procedures for audit of cooperatives'
Joe C Mathew / �July 12, 2011, 0:23 IST

G RamaswamyThe Institute of Chartered Accountants of India (ICAI), the country?s accounting standards body, is the latest to join the growing list of official agencies trying to track and, if possible, check unaccounted or ?black? money. ICAI?s attempts to make financial reporting in cooperatives and not-for-profit firms uniform and transparent are significant in this backdrop. G Ramaswamy, president of ICAI, talks on this with Joe C Mathew. Edited excerpts:

What are the current priorities before ICAI on standards for accounting?
We are giving a lot of focus on framing accounting standards and audit guidelines for the cooperative sector. This sector is very important and there is need for better governance and transparency here. Except Maharashtra and Gujarat, no other (state) government is taking strong steps in bringing corporate governance and transparency in the financial statements of cooperative firms. So, we want to lay down certain principles and procedures for our members who audit as well as prepare financial statements for cooperatives. We are meeting all state ministers and requesting them to improve cooperative (sector) audits in their states.

What does this mean? Will these standards also cover non-government organisations (NGOs)?
We will be telling how cooperative audits can be carried out in a transparent way, about the need for a uniform financial statement and also details about the disclosures required for better governance. No, NGOs will not be covered under this set of guidelines. We are working on framing accounting and audit guidelines for NGOs separately. Identification of the source, disclosure of the money and utilisation of the funds to see if it has been used for the purpose the trust was established are all key to NGO accounting guidelines.

Rahman Khan, deputy chairman of the Rajya Sabha, had recently suggested ICAI prepare some standards to assess presumptive losses/gains for a standard assessment. Is it practical?
We have received this suggestion from him. We need to see if there are any practices followed internationally. We have to discuss it with him to understand what his expectation is.

Which industry-specific standards are you working on?
We are preparing a guidance document for audit in rate-regulated sectors such as power, fertiliser, oil and gas, etc. These are areas where the rates are regulated by authorities. The guidance note will tell our members how to recognise the revenues and prepare the reports for these sectors.

The government has allows chartered accountants to form Limited Liability Partnership (LLP) firms. How will it impact the profession?
LLP is an important tool for growth. But we had several apprehensions when the government clarified we can set up LLPs. We wanted to know if LLPs could be statutory auditors, because under current law, body corporates cannot be appointed statutory auditors. The government then clarified that our LLPs formed for this specific purpose will not be treated as body corporate, which means the LLP form of chartered accountant firms can carry out attesting functions or statutory audits. They can be appointed as tax auditors or statutory auditors. It also gives young chartered accountants lot of opportunity to join together and form big audit firms.

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEdnx-dLhw2nAFQiWWiJpE2ThslAg&url=http://www.business-standard.com/india/news/qa-g-ramaswamy-president-icai/442406/

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Monday, July 18, 2011

Mumbai income tax commissioner, two others held for graft - Thaindian.com

July 9th, 2011 - 10:48 pm ICT by IANS ( Leave a comment )

New Delhi, July 9 (IANS) The Central Bureau of Investigation (CBI) arrested an income tax commissioner, his aide and a chartered accountant in Mumbai in a graft case, an official said Saturday.

?Income Tax Commissioner (Appeal) R.P. Meena and chartered accountant U.P. Pai were arrested Friday from Mumbai following a complaint,? said the official.

A tax assessee filed the complaint against Meena with the CBI.

The complainant said that he was being harassed by the commissioner who was not clearing his file. He directed the complainant to pay him money through Pai. On failure to do so, Meena threatened to impose a heavy penalty on them.

?The complainant told us that the commissioner made it clear to him that the closure report would not be given till illegal gratification is paid,? said the official.

Pai on behalf of Meena asked the complainant to give Rs.2.2 lakh as bribe Friday at a restaurant near the Chhatrapati Shivaji Terminus.

?We laid a trap and arrested Pai,? said the official.

During interrogation, Pai told the CBI that he took the bribe to pass it on to an aide of Meena. ?We arrested the aide and then Meena from his residence,? said the official. The CBI also conducted searches at the residences and offices of the accused men.

Tags: , , , , , , , , , , , , , , , , ,

Source: http://www.thaindian.com/newsportal/uncategorized/mumbai-income-tax-commissioner-two-others-held-for-graft_100548566.html

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Saturday, July 16, 2011

Q&A: G Ramaswamy, President, ICAI - Business Standard

Q&A: G Ramaswamy, President, ICAI
'We are working on procedures for audit of cooperatives'
Joe C Mathew / �July 12, 2011, 0:23 IST

G RamaswamyThe Institute of Chartered Accountants of India (ICAI), the country?s accounting standards body, is the latest to join the growing list of official agencies trying to track and, if possible, check unaccounted or ?black? money. ICAI?s attempts to make financial reporting in cooperatives and not-for-profit firms uniform and transparent are significant in this backdrop. G Ramaswamy, president of ICAI, talks on this with Joe C Mathew. Edited excerpts:

What are the current priorities before ICAI on standards for accounting?
We are giving a lot of focus on framing accounting standards and audit guidelines for the cooperative sector. This sector is very important and there is need for better governance and transparency here. Except Maharashtra and Gujarat, no other (state) government is taking strong steps in bringing corporate governance and transparency in the financial statements of cooperative firms. So, we want to lay down certain principles and procedures for our members who audit as well as prepare financial statements for cooperatives. We are meeting all state ministers and requesting them to improve cooperative (sector) audits in their states.

What does this mean? Will these standards also cover non-government organisations (NGOs)?
We will be telling how cooperative audits can be carried out in a transparent way, about the need for a uniform financial statement and also details about the disclosures required for better governance. No, NGOs will not be covered under this set of guidelines. We are working on framing accounting and audit guidelines for NGOs separately. Identification of the source, disclosure of the money and utilisation of the funds to see if it has been used for the purpose the trust was established are all key to NGO accounting guidelines.

Rahman Khan, deputy chairman of the Rajya Sabha, had recently suggested ICAI prepare some standards to assess presumptive losses/gains for a standard assessment. Is it practical?
We have received this suggestion from him. We need to see if there are any practices followed internationally. We have to discuss it with him to understand what his expectation is.

Which industry-specific standards are you working on?
We are preparing a guidance document for audit in rate-regulated sectors such as power, fertiliser, oil and gas, etc. These are areas where the rates are regulated by authorities. The guidance note will tell our members how to recognise the revenues and prepare the reports for these sectors.

The government has allows chartered accountants to form Limited Liability Partnership (LLP) firms. How will it impact the profession?
LLP is an important tool for growth. But we had several apprehensions when the government clarified we can set up LLPs. We wanted to know if LLPs could be statutory auditors, because under current law, body corporates cannot be appointed statutory auditors. The government then clarified that our LLPs formed for this specific purpose will not be treated as body corporate, which means the LLP form of chartered accountant firms can carry out attesting functions or statutory audits. They can be appointed as tax auditors or statutory auditors. It also gives young chartered accountants lot of opportunity to join together and form big audit firms.

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEdnx-dLhw2nAFQiWWiJpE2ThslAg&url=http://www.business-standard.com/india/news/qa-g-ramaswamy-president-icai/442406/

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Friday, July 15, 2011

Emmett accountant appointed to Idaho State Tax Commission - Lewiston Morning Tribune

Idaho Gov. C.L. (Butch) Otter has appointed Emmett accountant Rich Jackson to a six-year term on the Idaho State Tax Commission.

Jackson, 67, has a long history of public service. He previously served as chairman of the Idaho Legislative Compensation Committee, which makes recommendations on pay and benefits for state lawmakers, as well as treasurer of the Idaho House of Representatives Republican Caucus and was a former chairman of the Gem County Republican Central Committee.

To ensure transparency and prevent the appearance of any conflict of interest, Jackson said he will step down from the withdraw from his accounting partnership and will recuse himself from any Tax Commission issues involving former clients, his partner or his employees.

The other appointees to the four-member commission include former Republican Senate President Pro Tem Bob Geddes and Democrats Tom Katsilometes and David Langhorst.

Jackson will fill the vacancy created when Otter appointed then-Commissioner Severina Haws to the Idaho Commission on Aging.

� 2011 The Lewiston Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://lmtribune.com/blogs/political_theater/article_b9010eba-a982-11e0-aead-001a4bcf6878.html

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Wednesday, July 13, 2011

Accountant struck off for breaching ASBO - This is london Calling

Accountant struck off for breaching ASBO


An elderly accountant was removed from a professional membership body for breaching an anti-social behaviour order (ASBO).

Roger Gloucester-Trotman, 73, was fined �1000 and excluded from membership of the Institute of Chartered Accountants in England and Wales (ICAEW) after a disciplinary hearing.

The action was taken after he was convicted on September 4 2009 at Croydon Crown court of breaching an ASBO stopping him harassing Jo-Anne Davies, a woman who lived in Cowper Avenue, Carshalton, close to his office in Westmead Road.

A formal complaint was referred to the ICAEW's standards board.

He was found to have committed an act or default likely to bring discredit on himself, the Institute or the profession of accountancy.

The board took into account his disciplinary record, including being reprimanded and fined in December 2001 for making threats and questioning he competence of another advisor, and being severely disciplined and fined �2000 in July 2008 for breaching ASBOs on three occasions.

Mr Trotman appeared at Croydon Magistrates' Court last month accused of further breaching his restraining order and anti-social behaviour order preventing him harassing Mrs Davies.

Mr Trotman's son, a property developer, killed himself in Cowper Avenue in May 2010 after gassing himself in a manhole while embroiled in a legal dispute with his former partner.

Ian Trotman, 41, sealed himself inside the drain near his workshop. He was found inside with an angle-grinder, a petrol can and towels.

Read these London News stories


Source: http://www.thisislocallondon.co.uk/news/londonnews/9119830.Accountant_struck_off_for_breaching_ASBO/

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Tuesday, July 12, 2011

Finance Project Accountant - Banking - financial modelling - data mana - 24dash

Finance Project Accountant - Banking - financial modelling - data mana

Finance Project Accountant - Banking - financial modelling - data management

A leading Retail Bank based in London is seeking a Finance Project Accountant to work on a complex project, which offers the opportunity to work with senior level professionals in a highly respected organisation.

You will report to the Head of Finance Integration Reporting and Analysis within the central Integration Reporting Finance Team.

Key responsibilities will include:

  • Business case review and analysis,
  • Governance reporting of approved projects, by division comparing approved funding to actual and forecast,
  • Financial Modelling of Programme five year plan,
  • Financial report recommendations and executive briefings.

To be considered for this role you must be able to demonstrate the following skills within financial services (ideally retail banking):

  • Financial modelling,
  • Financial control,
  • Data management and control,
  • Financial Reporting,
  • Spreadsheet skills, data manipulation, pivot tables,
  • Reporting tool and ledger query skills,
  • Effective written and oral communication.

Ideally you will have a project accounting background supporting a project management office including business case evaluation; extensive financial modelling, data manipulation within excel including pivot tables and use of SAP and Oracle Financial Analyzer, the project reporting tool.

To be considered for this role, please submit your CV in application.

We will contact you within 72 hours if your skills are relevant to our client's requirement.

EA Consulting Group is acting as an Employment Business for this role under the CEAEBR 2003.

Location:Greater London
Salary:
Start Date:
Duration:12 months
End Date:
Job Ref:JS BFJ5762
Name:Ben Field-Johnson
Tel:
Fax:
Posted:12-07-2011

24housing July 2011 24housing magazine

July Issue
Out Now!

For more details on this issue or how to receive your copy visit our Magazine section.

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Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEOTqJgPhrmdxvsS6DQdDSK32NvCg&url=http://www.24dash.com/jobs/view/12557

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Sunday, July 10, 2011

Emmett accountant appointed to Idaho State Tax Commission - Lewiston Morning Tribune

Idaho Gov. C.L. (Butch) Otter has appointed Emmett accountant Rich Jackson to a six-year term on the Idaho State Tax Commission.

Jackson, 67, has a long history of public service. He previously served as chairman of the Idaho Legislative Compensation Committee, which makes recommendations on pay and benefits for state lawmakers, as well as treasurer of the Idaho House of Representatives Republican Caucus and was a former chairman of the Gem County Republican Central Committee.

To ensure transparency and prevent the appearance of any conflict of interest, Jackson said he will step down from the withdraw from his accounting partnership and will recuse himself from any Tax Commission issues involving former clients, his partner or his employees.

The other appointees to the four-member commission include former Republican Senate President Pro Tem Bob Geddes and Democrats Tom Katsilometes and David Langhorst.

Jackson will fill the vacancy created when Otter appointed then-Commissioner Severina Haws to the Idaho Commission on Aging.

� 2011 The Lewiston Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://lmtribune.com/blogs/political_theater/article_b9010eba-a982-11e0-aead-001a4bcf6878.html

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Saturday, July 9, 2011

Man Shing Agricultural Engages Moore Stephens, Hong Kong as Independent ... - MarketWatch (press release)

HONG KONG, Jul 07, 2011 (MARKETWIRE via COMTEX) -- Man Shing Agricultural Holdings, Inc. /quotes/zigman/566999 MSAH 0.00% ("Man Shing" the "Company," "we," "us," or "our"), located in the Shandong Province and one of the largest Chinese exporters of high quality, fresh ginger to Japan, the United Kingdom, and the Netherlands, today announced that it has engaged Moore Stephens, Hong Kong ("Moore Stephens") as the Company's independent registered accounting firm. The decision to change accountants was approved by Man Shing's board of directors.

Moore Stephens will review the financial statements included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2011. There were no disagreements between Man Shing and its former independent accountant from October 29, 2010, the date such accountant was engaged, through June 30, 2011, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

Mr. Shili Liu, Chairman and Chief Executive Officer of Man Shing, stated, "The Company is pleased to announce the appointment of Moore Stephens, one of the largest accounting firms with extensive experience in working with China-based U.S. publicly listed companies, as the Company's new accounting firm."

About Man Shing Agricultural Holdings, Inc. Man Shing Agricultural Holdings, Inc., through its operating subsidiary in Shandong of China, is focused on the production and processing of fresh ginger and other select vegetables such as onion and garlic. The Company produces high quality ginger which meets the requirements of the British Retail Consortium Global Food Standard. The Company focuses on customers located in countries such as Japan and the European Union which are food safety oriented. For further information about Man Shing Agricultural Holdings, Inc., please visit the Company's website at http://www.msaginger.com/

Forward-Looking Statement: Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, expectations of signing new customers and contracts, developing new products, projected revenues and earnings, and the success of new products. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. Man Shing Agricultural Holdings, Inc. undertakes no obligation to update the forward-looking information contained in this press release.


 
 
         
         Company Contact:
         Man Shing Agricultural Holdings, Inc.
         Mr. Shili Liu
         CEO, Chairman and president
         Email Contact
         
         Mr. Kenny Chow
         CFO
         Email Contact
         +86-536-464-4888
         +852-2530-3122
  
 http://www.msaginger.com/            
         Investor Contact:
         HSC Global, LLC
         Alan Sheinwald
         President
         (914) 669-8885
         Email Contact
  
 www.HSCGlobal.net            
         
         
 
 
 

SOURCE: Man Shing Agricultural Holdings


 
 
  
 http://www2.marketwire.com/mw/emailprcntct?id=5E58B9374EB232FF     
 http://www2.marketwire.com/mw/emailprcntct?id=849521A893D36C10     
 http://www.msaginger.com/     
 http://www2.marketwire.com/mw/emailprcntct?id=8FE05502210B7B39     
 http://www.hscglobal.net/            
 
 
 

Copyright 2011 Marketwire, Inc., All rights reserved.

/quotes/zigman/566999

Volume: 15,400

July 5, 2011 12:00a

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH0QHioqxtHjjjtZQhnpk5ABqOiBw&url=http://www.marketwatch.com/story/man-shing-agricultural-engages-moore-stephens-hong-kong-as-independent-registered-accountants-2011-07-07?reflink=MW_news_stmp

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Thursday, July 7, 2011

New BICA council, top accountants honored - Nassau Guardian

[unable to retrieve full-text content]

New BICA council, top accountants honored
Nassau Guardian
Julian Rolle of Ernst & Young Chartered Accountants will take the leadership mantle of the Bahamas Institute of Chartered Accountants (BICA) after securing the presidency in recent council elections. Joining Rolle to lead the institute, now in its 40th ...

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFPSBcn-4ocu1Hlkbe2pdDDhBqYDw&url=http://www.thenassauguardian.com/index.php?option=com_content&view=article&id=11422&Itemid=2

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Wednesday, July 6, 2011

Curtiss J. Jones Sr. | Accountant, 76 | Philadelphia Inquirer | 2011-07-01 - Philadelphia Inquirer

Curtiss J. Jones Sr., 76, an accountant and the father of City Councilman Curtis J. Jones Jr., died of lung cancer Wednesday, June 29, at Penn Hospice at Rittenhouse.

The councilman's Fourth District covers parts of Overbrook, Wynnefield, East Falls, Manayunk, and Roxborough.

Born in Philadelphia, Mr. Jones earned an associate degree in 1953 at William Penn Business Academy, now at Broad and Master Streets, and studied accounting at Temple University.

Mr. Jones served in the Air Force in the 1950s, the councilman wrote in biographical material, and while stationed in England, he fought the Connecticut middleweight Willie Eaton in a Britannia Shield Boxing Tournament.

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEuNSnpzL2pAGXXqbyJPE8Wfesp3Q&url=http://www.philly.com/philly/obituaries/124837434.html

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Monday, July 4, 2011

ACCOUNTANT SCAMMED: Accountant gets prison time for pocketing taxes - Atlantic City Press

As the majority owner of a Montale accounting firm, Barry S. Malkin knew he was courting trouble with Uncle Sam when he pocketed payroll taxes withheld from his employees - to give money to a woman in Costa Rica who lured him in with a tale.

The woman initially sought help to pay fees to recover a large inheritance, promising a quick return on Malkin's investment, with interest. Then she was stricken with cancer and needed help to pay her medical bills. Over 14 years, Malkin, 69, of Upper Saddle River, a certified public accountant who had never run afoul of the law, shelled out more than $1 million.

He never got a cent back. Instead, on Wednesday, he got a sentence of prison time from a federal judge perplexed by Malkin's behavior.

Source: http://www.pressofatlanticcity.com/news/press/new_jersey/accountant-scammed-accountant-gets-prison-time-for-pocketing-taxes/article_cb6dc49c-a308-11e0-9012-001cc4c002e0.html

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Sunday, July 3, 2011

Oil & Gas Tax Accountant

Employer:

W&T Offshore

Updated: Jun�30�2011

Desired Expertise: Accounting or Finance, Tax (Public/O&G), ASC 740, FAS 109, FIN 48 ------NO Agencies Experience: 4+ years Minimum Education: Bachelors/3-5 yr Degree Salary: BOE Location: Houston (Greenway Plaza), TX Reference Code: ACT 03-11
Job Description: W&T OFFSHORE, INC.
We are an independent oil and natural gas exploration & production company, operating offshore properties for over 25 years. We are focused primarily in the Gulf of Mexico area, where we have developed significant technical expertise and where the high production rates associated with hydrocarbon deposits have historically provided us the best opportunity to achieve a rapid payback on our invested capital. Our senior management team has achieved considerable technical expertise and industry experience and is continuing to attract top talent in the energy industry.
We are headquartered in Houston, Texas and trade on the NYSE under the symbol ''WTI''.

Production Allocation Specialist


Summary:
This newly created position will assist the Director of Tax in a multitude of tax related items including Federal and State tax income and Franchise tax compliance, tax provisions, related analyses and ASC 740.

Primary Responsibilities:

  • Prepare the monthly/quarterly/annual tax provisions
  • Prepare sales and use tax returns, property tax renditions and coordinate payments to various tax authorities
  • Assist in the preparation of federal and state income tax returns
  • Assist in the preparation of annual audited financial statements and related footnote disclosures
  • Assist in the research of tax issues and special projects as needed
  • Assist with the automation of the income tax compliance & provision processes including analyses of various software packages
  • Support tax audits
  • Assist or prepare Annual tax preparation work papers for external tax preparers
  • Assist or prepare tax forecasts for planning and cash flow purposes
  • Duties as assigned by management
Qualifications:
  • Degree in Accounting or Finance, required. CPA is preferable
  • 2-4 years public accounting and/or industry tax experience with a solid tax technical background including a good working knowledge of the IRS code and regulations as they relate to the offshore E&P industry
  • Strong understanding and experience with tax provision preparation and analysis including ASC 740 Accounting for Income Taxes is required
  • Ability to research tax related issues and respond to tax questions from management and various internal users of data
  • Experienced tax preparation and provision software user is a plus
  • Strong organizational and communication skills including the ability to effectively communicate with all levels of management
  • Strong Proficiency in Excel and Microsoft Office Suite including: Outlook, Word and PowerPoint
  • Experience with coordinating various external audits is a plus
  • Must be legally authorized to work in the United States (i.e., US Citizen, Green Card or Permanent Resident)
Working Conditions:
  • Office environment primarily, Operations site environment when specific evaluation/problems require such or possibly partner/client site when required
  • Requires occasional travel outside service area
  • Requires standing, sitting, walking, kneeling, twisting, climbing steps and/or ladders to inspect equipment when necessary
  • Requires operation of a personal computer
  • Must be legally authorized to work in the United States (i.e., US Citizen, Green Card or Permanent Resident)

Only candidates who meet the above requirements will be considered for employment.
No Agency or third party submissions or calls.

Must be US Citizen, Permanent Resident of the United States or have Green Card.

Note: No relocation assistance has been approved, only local candidates will be considered.
EOE- M/F/D/V

Apply Now

If you've already posted your resume to the Rigzone Career Center, you can send your resume to this employer for free.

Source: http://www.rigzone.com/jobs/postings/120144/Oil_Gas_Tax_Accountant.asp

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Friday, July 1, 2011

Tuckahoe accountant gets prison for phony tax documents - LoHud.com

WHITE PLAINS ? A Tuckahoe accountant has been sentenced to five months in prison for preparing phony tax documents for clients.

Pierce Perrine, 52, pleaded guilty in September to obstruction of justice, admitting he had fabricated IRS documents.

Perrine was charged in April 2010 in a criminal complaint filed by agents with the federal Treasury Department.

In the complaint filed by Agent William Kalb, investigators said Perrine created four bogus documents for two clients that purported to remove tax levies on the clients.

Those bogus documents releasing the levies were then sent to the clients' banks, freeing up funds that should have remained held.

As a result, $28,252 in taxes went unpaid.

A lawyer for Perrine did not return calls seeking comment. His wife hung up on a reporter.

In court papers filed before his sentencing by U.S. District Judge Cathy Seibel, Perrine's lawyer, Lawrence Maffei, said Perrine never intended for the government to suffer any loss. Maffei said Perrine never intended to deprive the IRS of money owed but "sought to rectify stories that he thought were inaccurate."

Seibel also fined Perrine $10,000 and sentenced him to one year of post-release supervision during which time he can not do any work involving taxes.

Source: http://www.lohud.com/article/20110628/NEWS02/106280320

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