This amusing talk by economist Steven Levitt, filmed at TED Talks shows what it is like being at different points in the crack cocaine gang hierarchy. He makes the comparison between the org structure of a modern enterprise and that of the gang, noting many similarities. The final slide (see illustration) has particular potency. As [...]

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The Internet is full of great resources for current and future CPAs to keep up with the latest in their industries and in the world of finance. With so much information at your fingertips, why not take advantage of it? You may just learn something new or find advice on topics you’ve been struggling with. [...]

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While the brooh-ha-ha continues in the US over the introduction of IFRS, I am delighted to see that Francine McKenna nails its importance in unequivocal language when comparing to the way US GAAP operates: Rules are meant to be broken and gotten around. Better to judge professionals on their judgement, and let them take full [...]

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IE8 Beta 2 shows Microsoft is serious about playing catch-up As well as a host of security, stability, and privacy features, the new IE has a raft of new features and user interface improvements that should make using the browser much more enjoyable. tags: ie8 Printer quest - which model is best for personal use? - 26 [...]

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Wow - Xero’s on a tear. The latest announcement talks about a partnership with Acclipse, a New Zealand provider of software that includes practice management: The partnership will see the seamless integration of Xero’s client accounting software with Acclipse’s web-based practice management and tax software, to provide a complete solution for accounting firms. At least it is [...]

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