The Latest

Business management application provider NetSuite has rolled out a new function that will allow users to integrate the software with the Apple iPhone.The SuitePhone offers NetSuite customers the opportunity to run their company’s customer relationship management, enterprise resource planning and e-commerce business applications through the iPhone. The new capability provides native support for Safari, the iPhone and Mac browser, which allows for interface technologies such as drop-down menus, drag-and-drop, and in-line editing.

Sage Software has hired a new head of human resources functions in North America, appointing Lisa Codispoti as chief people officer.The company, a subsidiary of the U.K.-based Sage Group, employs more than 5,000 people.

The Institute of Internal Auditors has appointed Gerald D. Cox as chairman of the board and elected a slate of other board members.Cox heads the internal audit partnership at South West Audit Partnership in Yeovil, U.K. Joining him on the board is Patricia K. Miller, a partner at Deloitte & Touche in Pleasant Hill, Calif., who was elected as senior vice chairwoman.

The lightning flashed across the western plains sky with boom rolling into Denver . But rain never game. It was all flash, no substance. Microsoft’s Worldwide Partner Conference in Denver this week has been a lot like the storms—all flash. Oh, there are thousands of people here. But this is a show that has never gained focus.

The Securities and Exchange Commission voted to adopt a sweeping anti-fraud rule that targets money managers who deliberately mislead investors.The new rule, which was first proposed by the SEC in December, also has been expanded to include hedge funds.

The IRS said it is reconsidering some of the private letter rulings its associate chief counsel’s office has issued regarding the gift tax consequences of trusts that employ distribution committees.The IRS’s chief counsel has discovered that some of the conclusions in the rulings may disagree with some prior revenue rules.

Intentional disregard of the law is the primary contributor to the tax collection gap experienced by the IRS, according to nearly half the CPAs surveyed in an online poll by the AICPA.

Chief financial officers are split on the importance of an accounting graduate’s university when evaluating a candidate for an entry-level job, says a new survey.Forty-nine percent of the 1,400 U.S. CFOs polled by the staffing service Accountemps said the prestige of the candidate’s university was not important at all.

CCH said it will begin reselling tax exemption certificate management software and services from Imaging Science and Services Inc. on an exclusive basis worldwide.The products automate the organization of sales tax exemption and resale certificates. They include TeamsExpress on Demand, a hosted system for managing a database of tax documents, and LineLinkXL, a Microsoft Excel add-in.

Thomson Tax & Accounting released Version 8.0 of its ePropertyTax software, adding extra edit, query and data entry features to the Web-based system for commercial property taxpayers.The upgrade expands the mass-editing tool to help users copy, paste, import and export data throughout the system. Users can now customize queries in any data field to search for information.