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The ongoing economic downturn offers accountants the opportunity to extend their reach and help their clients at a time when they are most needed.

KPMG, THOMSON REUTERS TEAM ON PAISLEY SERVICES

If ever there was a class of software that could be expected not to change much, it would be accounting software for midsized companies. After all, the companies themselves have survived the worst of their growth pains. The accounting requirements, while slightly more demanding, are well-defined and easily within the range of the systems available on the market.

BIZACTIONS LAUNCHES GOLD PARTNER CENTER

Those of you who work with the construction and manufacturing sects may want to take note – one in five working-age American men do not have a job. And though we don’t like to generalize here at Accounting Tomorrow, we will admit, men are more likely to work in those industries.

I had an uncle who worked for what was then known asBurroughs Corp., a producer of business equipment, most notably adding machinesand printers. But Burroughs was also a major technology player, specifically inthe manufacture of mainframe computers, primarily for banks and largerfinancial institutions.

On Christmas Eve, Koss Corp. fired its vice president of finance for allegedly embezzling up to $31 million over a period of five years from the headphone company, and on New Year's Eve it dismissed its auditor too.

The Internal Revenue Service has filed a tax lien for nearly $185,000 against Marvin Gaye III, the adopted son of the famed Motown singer.

Attorney General Eric Holder said a newly established government task force would crack down on the kinds of financial fraud that led to the Madoff Ponzi scheme and other losses.

BizActions has introduced a Campaign Library aimed at helping accounting firms and other professional services firms with their marketing campaigns.