Question:

Once again we see the TRUE agenda of the ‘AIDS’ myth terror campaign. Puritan Victorian sexual repression. What could not be achieved with religion is being done with pseudo science. Fanny how the countries with the longest puritan tradition are always those reporting the highest ‘AIDS’ figures. Liberal nations like Denmark, Holland and Sweden report almost no ‘AIDS’. Puritan England and America have ‘epidemics’. Funny for a so called std.

Response:

Once again we see the TRUE agenda of the ‘AIDS’ myth terror campaign. Puritan Victorian sexual repression.

LOL. Bullshit. HIV does not give a FUCK (but gets in by one) about prudery, Victorianism, or being a libertine. Sex is fun, marvelous and enjoyable often. It can be boring or routine. Then there’s rape which I don’t think any one considers sex but rather an act of violence. HIV does NOT preclude sex or mean people should not have sex any more than syphilis or gonorrhea does. It means people should be aware of risks and take precautions. Skydivers don’t jump without a parachute, for crying out loud, unless they want to die. Indeed, taking that metaphor further, you’re like the skydiver who wants PROOF of the existence of gravity before he’ll don a parachute. Where’s the SINGLE paper that PROVES gravity exists. Oh! You just want to take my joy of jumping away!! Well, Paul, I predict a large, unpleasant splat in your future. Get your T cells checked.                 George M. Carter

Response:

"Get your T cells checked." Get your brain tumor checked.

Response:

At least GM Carter, you ARE an expert in false predictions and estimates that are pure fantasy. That is the stock in trade of the AIDS myth. My prediction (as worthless as yours) is that your brain tumor will kill you if left untreated and there is no real treatment for gross stupidity.

Response:

Once again we see the TRUE agenda of the ‘AIDS’ myth terror campaign. Puritan Victorian sexual repression. Fanny how the countries with the longest puritan tradition are always those reporting the highest ‘AIDS’ figures.

26/06/2001 General Assembly Plenary Twenty-sixth Special Session 4th Meeting (AM) AFFORDABLE TREATMENTS, EXPANDED ACCESS TO CARE, URGENT NEED FOR RESOURCES ARE MAJOR ISSUES AS SPECIAL SESSION ON HIV/AIDS CONTINUES As the General Assembly continued its twenty-sixth special session on HIV/AIDS this morning, Ireland’s Prime Minister urged the international community to take the devastating impact of the pandemic into account when assessing debt relief, and even cancel the debt of those countries with a high prevalence of HIV/AIDS. He also called on the international community to place the debate on access to medicine within a wider context of care, stating that "we must work to support the widows, orphans and the elderly, for their need for support is immediate and they cannot wait".  He expressed strong support for European Community efforts to establish a system of tiered pricing of medicines, and informed the special session that Ireland would spend an additional $30 million per year directly on helping the poorest in the fight against AIDS. Also addressing the issue of affordable treatments, the President of the United Republic of Tanzania said that pharmaceutical companies did not really make most of their profits in developing countries.  The prices of anti-retroviral drugs should therefore be lowered further.  He asked the developed countries to agree to a mechanism which would absorb genuine losses sustained by the pharmaceutical companies. In connection with the Secretary-General’s proposed Global Health Fund, Nauru’s representative submitted a proposal from her Government calling for each Member State to contribute to that Fund an amount equal to $1 per head of its population.  Her Government was ready to pledge its share, she added. The representative of the Philippines said that an effective response to the pandemic must include attention to the plight of migrant workers and their families.  Governments must consider providing a basic minimum package of information on the prevention of sexually transmitted diseases (STDs) and HIV/AIDS and the corresponding diagnostic, early treatment and counselling services to people moving across their borders.  He hoped to see those requirements as part of this session’s collective programme. The Minister for Development Cooperation of Denmark informed the special session that in 2001 her Government would allocate an additional $9.5 million in direct support to specific preventive HIV/AIDS interventions in sub-Saharan Africa in cooperation with the United Nations system.  That amount would also rise substantially over the next two to three years, she added. The Minister of Health and Social Services of Finland said that no single approach would contain the epidemic.  To meet all necessary demands, billions of dollars and other resources were needed.  His Government would therefore contribute some 40 million Finnish marks to UNAIDS this year. Also, in the future, the Finnish Government intended to support HIV/AIDS programmes at a considerably higher level than in the past. The Prime Minister of Benin as well as the Vice-Presidents of Gambia and Panama also made statements. Ministers and high government officials from Kyrgyzstan, Cambodia, Egypt, India, Lao People’s Democratic Republic, New Zealand, Slovenia, Namibia, Croatia, C

Question:

Hints don’t help me man. Is my journal entry correct or is it incorrect because of your "hint?"

– Hide quoted text — Show quoted text – D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000 -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same? hint:  did not extend the life of the asset

Response:

- Hide quoted text — Show quoted text – I’ve posted this before but I still can’t answer with complete confidence letters C, D, or E. The book is not clear and does not include enough examples. A. On January 1, 2004, a van was purchased for $24,000. To acquire the van sales tax of 6% and deal documentation fees of $160 were paid. Tha van was assigned a life of 4 years and a salvage value of $6,000. Van Dr $25,600          Cash Cr  $25,600 B. During the year, expenses of $250 were incurred for oil changes and other routine maintenance. Maintenance Expense Dr $250                            Cash Cr  $250 C. In July 2005, new tires were put on the van at a cost of $450. Maintenance Expense Dr $450                             Cash Cr $450

Yes. Tires are repairs and maintenance expense. or would it be…                                     Van Dr. $450                              Cash Cr. $450 D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000

No. Repairs and maintenance expense. – Hide quoted text — Show quoted text – -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same? E. In January 2007, the engine was overhauled at a cost of $3,500, which extended the life of the van an additiona two year beyond the expected 4 year life, but at that time the van would not have any value. Van Dr $3,500              Cash Cr. $3500 Or Acc Depreciation Dr. 14,700 Loss                    Dr.  10,900                             Van Cr. 25600 and then… Van Dr  $3,500         Cash Cr. $3,500

This I do not know. Anything I see about this would be new to me. Never had practical experience with this. I would think, due to my practical experience, that regardless if the overhaul extended the useful life of the vehicle (which, in my opinion would be fixed at the time the asset was acquired), an engine overhaul is repairs and maintenance expense. Unless the 2 extra years and the 3500 were depreciated separately from the remaining undepreciated value of the van at the time of the overhaul. — Stephanie Serba, AICIA Partner, Accounting & Technology Durham Business Outsource www.dbo.ca

Response:

Hints don’t help me man.

Then you won’t be getting any hints from me. <PLONK

Response:

People like me make the mistake of hiring people like you every now and then.

But as infrequently as possible, I’ll bet. Regards, Bill

Response:

Hey, take your answer and fuck off.

I suppose that you’ll now get lots of answers. I don’t give a fuck.

We know. People like you piss me off.

People like me make the mistake of hiring people like you every now and then. — Paul A. Thomas, CPA taxman at negia.net

Response:

It’s really difficult for such a small problem, right? LOL. Different answers everywhere. I really wish our textbook (Rees & Rees) gave more examples. To think of all the new things I’ve learned in Int Act 1, it’s unbelievable. I just worked on the Sum of the Years Digits and Double Declining Balance Method, did FIFO, LIFO, and Units of producton of a periodic inventory system, learned how to (barely) account for acquiring and exchanging similar and dissimilar assets, learned about the problems with inventory, etc. Intermeidate II should be -REAL- fun.

– Hide quoted text — Show quoted text – I’ve posted this before but I still can’t answer with complete confidence letters C, D, or E. The book is not clear and does not include enough examples. A. On January 1, 2004, a van was purchased for $24,000. To acquire the van sales tax of 6% and deal documentation fees of $160 were paid. Tha van was assigned a life of 4 years and a salvage value of $6,000. Van Dr $25,600          Cash Cr  $25,600 B. During the year, expenses of $250 were incurred for oil changes and other routine maintenance. Maintenance Expense Dr $250                            Cash Cr  $250 C. In July 2005, new tires were put on the van at a cost of $450. Maintenance Expense Dr $450                             Cash Cr $450 Yes. Tires are repairs and maintenance expense. or would it be…                                     Van Dr. $450                              Cash Cr. $450 D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000 No. Repairs and maintenance expense. -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same? E. In January 2007, the engine was overhauled at a cost of $3,500, which extended the life of the van an additiona two year beyond the expected 4 year life, but at that time the van would not have any value. Van Dr $3,500              Cash Cr. $3500 Or Acc Depreciation Dr. 14,700 Loss                    Dr.  10,900                             Van Cr. 25600 and then… Van Dr  $3,500         Cash Cr. $3,500 This I do not know. Anything I see about this would be new to me. Never had practical experience with this. I would think, due to my practical experience, that regardless if the overhaul extended the useful life of the vehicle (which, in my opinion would be fixed at the time the asset was acquired), an engine overhaul is repairs and maintenance expense. Unless the 2 extra years and the 3500 were depreciated separately from the remaining undepreciated value of the van at the time of the overhaul. — Stephanie Serba, AICIA Partner, Accounting & Technology Durham Business Outsource www.dbo.ca

Response:

C. In July 2005, new tires were put on the van at a cost of $450. Maintenance Expense Dr $450   <===correct because it is                             Cash Cr $450          considered wear and                                                              tear. or would it be…                                     Van Dr. $450                              Cash Cr. $450

I have to make a correction here. I just reread for the third or fourth time this– "As an example, the tires, motor, and body of a (vehicle) depreciate at different rates, but most companies use only one depreciation rate for the entire (vehicle). Separate dep’n rates could be set for each component. If the carrying amount of the old asset cannot be determined, one of two other approaches is adopted."  That being capitalizing the new cost or charging to acc. dep’n. So, with that said, I would change my entry to look like this Acc Dep’n     $450         Cash               $450

Response:

- Hide quoted text — Show quoted text – E. In January 2007, the engine was overhauled at a cost of $3,500, which extended the life of the van an additiona two year beyond the expected 4 year life, but at that time the van would not have any value. Van Dr $3,500              Cash Cr. $3500 Or Acc Depreciation Dr. 14,700 Loss                    Dr.  10,900                             Van Cr. 25600 and then… Van Dr  $3,500         Cash Cr. $3,500 As I just stated, this one is considered a major repair and should be treated as an addition, improvement, or replacement. So here is what my entry would look like. Acc. Dep’n      $3500          Cash                   $3500 My reasoning is that because the carrying amount of the "old" engine is cannot be determined the charging to Acc. Dep’n should be used. Below is the lengthy reasoning as per my text. "There are times when the quantity or quality of the asset itself has not been improved, but its useful life has been extended. Replacements, particularly, may extend the useful life of the asset, yet may not improve its quality or quantity. In these circumstances, the expenditure may be debited to Acc Dep’n rather than the asset account. The theory behind this approach is that the replacement extends the useful life of the asset and thereby recaptures some or all of the past dep’n. The net carrying amount of the asset is the same whether the asset is debited or acc. dep’n is debited." Hope this helped. As always it has certainly helped me. Janice

As an additional comment, because the asset has NOT depreciated sufficiently to reduce the carrying amount to zero, capitalizing on the new cost would not be beneficial. Janice

Response:

Hey there again, done a little more conceptual studying today. Here are my answers and reasons as per my text and brain. – Hide quoted text — Show quoted text – I’ve posted this before but I still can’t answer with complete confidence letters C, D, or E. The book is not clear and does not include enough examples. A. On January 1, 2004, a van was purchased for $24,000. To acquire the van sales tax of 6% and deal documentation fees of $160 were paid. Tha van was assigned a life of 4 years and a salvage value of $6,000. Van Dr $25,600          Cash Cr  $25,600 B. During the year, expenses of $250 were incurred for oil changes and other routine maintenance. Maintenance Expense Dr $250                            Cash Cr  $250 C. In July 2005, new tires were put on the van at a cost of $450. Maintenance Expense Dr $450   <===correct because it is                             Cash Cr $450          considered wear and                                                              tear. or would it be…                                     Van Dr. $450                              Cash Cr. $450 D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000

Okay, this is the explanation my book gives me: Since this type of repair benefits more than one operating cycle it should be handled as an addition, improvement, or replacement. This is mostly a judgement call. My book says, "It is often difficicult to distinguish a repair from an improvement or replacement. The major consideration is whether the expenditure benefits more than one year or one operating cycle, whichever is longer. If a MAJOR REPAIR occurs, several periods will benefit, and the cost should be handled as an addition, improvement, or replacement." With that said here is my solution: Acc Dep’n       $2000        Cash                    $2000 I know the asset account can be debited, but I prefer the Acc Dep’n account. – Hide quoted text — Show quoted text – -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same? E. In January 2007, the engine was overhauled at a cost of $3,500, which extended the life of the van an additiona two year beyond the expected 4 year life, but at that time the van would not have any value. Van Dr $3,500              Cash Cr. $3500 Or Acc Depreciation Dr. 14,700 Loss                    Dr.  10,900                             Van Cr. 25600 and then… Van Dr  $3,500         Cash Cr. $3,500

As I just stated, this one is considered a major repair and should be treated as an addition, improvement, or replacement. So here is what my entry would look like. Acc. Dep’n      $3500          Cash                   $3500 My reasoning is that because the carrying amount of the "old" engine is cannot be determined the charging to Acc. Dep’n should be used. Below is the lengthy reasoning as per my text. "There are times when the quantity or quality of the asset itself has not been improved, but its useful life has been extended. Replacements, particularly, may extend the useful life of the asset, yet may not improve its quality or quantity. In these circumstances, the expenditure may be debited to Acc Dep’n rather than the asset account. The theory behind this approach is that the replacement extends the useful life of the asset and thereby recaptures some or all of the past dep’n. The net carrying amount of the asset is the same whether the asset is debited or acc. dep’n is debited." Hope this helped. As always it has certainly helped me. Janice

Response:

Dude, you are a student.  You have to study and learn on your own.  Asking a few questions to help resolve one or two problems is one thing, and we’re all glad to help.  Reciting your entire homework looking for assurances about your answer isn’t what many of us are here for. Consider forming a study group of fellow students to bounce everything off of. — Paul A. Thomas, CPA Athens, Georgia taxman at negia.net

Response:

D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000 -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same?

hint:  did not extend the life of the asset

Response:

Hey, take your answer and fuck off. I asked a simple question asking for clarification. If you can’t, or won’t help, then don’t post at all. If you don’t like my posts, don’t read them. I don’t give a fuck. I don’t need to hear your shit about "you have to study and learn." No shit bitch. What do you think i’m doing? And why rely on a "study group" when I could come here and get answers from real accountants with experience? Who gives a fuck what you’re here for anyway? Go about your business. People like you piss me off. – Hide quoted text — Show quoted text – Dude, you are a student.  You have to study and learn on your own.  Asking a few questions to help resolve one or two problems is one thing, and we’re all glad to help.  Reciting your entire homework looking for assurances about your answer isn’t what many of us are here for. Consider forming a study group of fellow students to bounce everything off of. — Paul A. Thomas, CPA Athens, Georgia taxman at negia.net

Response:

I’ve posted this before but I still can’t answer with complete confidence letters C, D, or E. The book is not clear and does not include enough examples. A. On January 1, 2004, a van was purchased for $24,000. To acquire the van sales tax of 6% and deal documentation fees of $160 were paid. Tha van was assigned a life of 4 years and a salvage value of $6,000. Van Dr $25,600          Cash Cr  $25,600 B. During the year, expenses of $250 were incurred for oil changes and other routine maintenance. Maintenance Expense Dr $250                            Cash Cr  $250 C. In July 2005, new tires were put on the van at a cost of $450. Maintenance Expense Dr $450                             Cash Cr $450 or would it be…                                     Van Dr. $450                              Cash Cr. $450 D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000 -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same? E. In January 2007, the engine was overhauled at a cost of $3,500, which extended the life of the van an additiona two year beyond the expected 4 year life, but at that time the van would not have any value. Van Dr $3,500              Cash Cr. $3500 Or Acc Depreciation Dr. 14,700 Loss                    Dr.  10,900                             Van Cr. 25600 and then… Van Dr  $3,500         Cash Cr. $3,500

Response:

Or do you just debit the accumulated depreciation account in respect to (E), since the useful life of the asset is extended? The book mentions that you can either debit the accumulated depreciation account of debit the asset account if the life is extended. But in this problem, it says the life is "extended" but by then there would be no salvage value. – Hide quoted text — Show quoted text – I’ve posted this before but I still can’t answer with complete confidence letters C, D, or E. The book is not clear and does not include enough examples. A. On January 1, 2004, a van was purchased for $24,000. To acquire the van sales tax of 6% and deal documentation fees of $160 were paid. Tha van was assigned a life of 4 years and a salvage value of $6,000. Van Dr $25,600          Cash Cr  $25,600 B. During the year, expenses of $250 were incurred for oil changes and other routine maintenance. Maintenance Expense Dr $250                            Cash Cr  $250 C. In July 2005, new tires were put on the van at a cost of $450. Maintenance Expense Dr $450                             Cash Cr $450 or would it be…                                     Van Dr. $450                              Cash Cr. $450 D. On February 2, 2006, the transmission was replaced at a cost of $2,000. This was an unexpected repair, but did not extend the life of the asset. Van Dr $2,000               Cash Cr. $2000 -Now i’m confused. Do I account for this by debiting an expense, or the asset account? If I debit an asset account, how does that effect the depreciation, since i’m adding a cost to the asset? Do I have to make a new depreciation calculation for that year and the next years or can I leave it the same? E. In January 2007, the engine was overhauled at a cost of $3,500, which extended the life of the van an additiona two year beyond the expected 4 year life, but at that time the van would not have any value. Van Dr $3,500              Cash Cr. $3500 Or Acc Depreciation Dr. 14,700 Loss                    Dr.  10,900                             Van Cr. 25600 and then… Van Dr  $3,500         Cash Cr. $3,500

Response:

Question:

Well, I was 31 in 1977 when I graduated.  I was told, quite bluntly, that I was way too old for a career in public accounting.  The partner from Arthur Young complained bitterly to the school placement office because they had wasted his valuable time with such an ancient carcass. I’ve always admired the CSUF placement staff for telling him to get stuffed. I think the only change has been the Federal Age Discrimination Act of 1978.  The change being, they now deny age discrimination while still practicing it.  FWIW, I understand Lawyers are much worse at age discrimination than accountants.  Medical schools are probably the worst, even post Bakke decision.

I got a job with Andersen at age 30 in 1998.  And I also knew other people around my age or a little younger.  I also met an audit staff from Nebraska who was in his early 40’s.   I think things are more flexible now.   Chris

Response:

When I was 30 it was easy to find a job. When I became 40 it is a big question. If your manager is younger than you, you have immediate problem, especially when age difference is big. 20 something people are not able to understand they will get sometime to same stage. Currently I am applying to lot of jobs, where I know my expertise and skills are perfect fit – except age. With quite predictable result. Either I am overqualified, either under. Either management changes plans – when they cannot find somebody younger with same qualification set. But if you have connections age problem disappears – friends and relatives are much better in dealing with than anonymous recruiters. My 2 pences…

– Hide quoted text — Show quoted text – Well, I was 31 in 1977 when I graduated.  I was told, quite bluntly, that I was way too old for a career in public accounting.  The partner from Arthur Young complained bitterly to the school placement office because they had wasted his valuable time with such an ancient carcass. I’ve always admired the CSUF placement staff for telling him to get stuffed. I think the only change has been the Federal Age Discrimination Act of 1978.  The change being, they now deny age discrimination while still practicing it.  FWIW, I understand Lawyers are much worse at age discrimination than accountants.  Medical schools are probably the worst, even post Bakke decision. I got a job with Andersen at age 30 in 1998.  And I also knew other people around my age or a little younger.  I also met an audit staff from Nebraska who was in his early 40’s. I think things are more flexible now. Chris

Response:

- Hide quoted text — Show quoted text – Well, I was 31 in 1977 when I graduated.  I was told, quite bluntly, that I was way too old for a career in public accounting.  The partner from Arthur Young complained bitterly to the school placement office because they had wasted his valuable time with such an ancient carcass. I’ve always admired the CSUF placement staff for telling him to get stuffed. I think the only change has been the Federal Age Discrimination Act of 1978.  The change being, they now deny age discrimination while still practicing it.  FWIW, I understand Lawyers are much worse at age discrimination than accountants.  Medical schools are probably the worst, even post Bakke decision. I got a job with Andersen at age 30 in 1998.  And I also knew other people around my age or a little younger.  I also met an audit staff from Nebraska who was in his early 40’s. I think things are more flexible now.

Unfortunately, you bring up an N of one for the post 31 attribute and the original poster will be in his mid 30’s when he starts trying to sell himself into a career.  Maybe it will work, I would think the odds would be very long though. I have not seen this flexibility and the staffing people, the Robert Half types, I have talked to say it isn’t there.  Of course, I think the market growth potential is very poor. *             Ronald Lee Todd M.B.A., C.P.A.                  * *  Unemployed for six years, mistake of being an accountant.  * *   Students, when someone tells you of your great future as  * *       an accountant, ask him to show you the job.           *

Response:

- Hide quoted text — Show quoted text – .  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management). I’m not sure if there is a difference between a MS/Accounting and a MAcc, but at the school I am currently attending you could not get a graduate degree in accounting without first getting an undergraduate degree in the same.  Kind of like you could not get a MS in an engineering discipline without first having your BS in an engineering discipline.  Maybe some schools are different.

I thought, could have heard it wrong, that some schools had a straight five year program in which no baccalaureate was awarded.  I haven’t seen the statistics, but I’ve also heard that the straight five year programs are not very popular.  AIR, there was some rather self serving stoties about it being a "turn-off" to students.  I still hold to the postion that the decrease in accounting enrollments is a rational decision. Students are much more world wise than they were when I was in school. Actually, I was thinking, if mlw is one of those rare folks who have management talent he shouldn’t be wasting his time with accounting. Management talent is one of the rarest and most precious attributes in business.  For the one percent who have it, hand who can demonstrate it, Fortune 1000 companies will truely pay princely sums.   — *             Ronald Lee Todd M.B.A., C.P.A.                  * *  Unemployed for six years, mistake of being an accountant.  * *   Students, when someone tells you of your great future as  * *       an accountant, ask him to show you the job.           *

Response:

I thought, could have heard it wrong, that some schools had a straight five year program in which no baccalaureate was awarded.  I haven’t seen the statistics, but I’ve also heard that the straight five year programs are not very popular.

Yes, there are five year programs.  The one at my school is strictly an undergraduate program, but the extra year includes the extra classes needed to sit for the CPA in Florida.  To get the MAcc one still must go the grad school route, I believe. Actually, I was thinking, if mlw is one of those rare folks who have management talent he shouldn’t be wasting his time with accounting. Management talent is one of the rarest and most precious attributes in business.  For the one percent who have it, hand who can demonstrate it, Fortune 1000 companies will truely pay princely sums.

After some recent snafus at work, I am starting to give serious thought about finishing my business degree and then going straight back to fulfill my original degree aspirations and get a BS in electrical engineering.  I should have stuck with that to begin with, but the engineering schools just don’t seem to offer many night courses.  It will be a tough haul, but I really think I’ll be happier doing that type of work. — Todd Stephens

Response:

- Hide quoted text — Show quoted text – I thought, could have heard it wrong, that some schools had a straight five year program in which no baccalaureate was awarded.  I haven’t seen the statistics, but I’ve also heard that the straight five year programs are not very popular. Yes, there are five year programs.  The one at my school is strictly an undergraduate program, but the extra year includes the extra classes needed to sit for the CPA in Florida.  To get the MAcc one still must go the grad school route, I believe. Actually, I was thinking, if mlw is one of those rare folks who have management talent he shouldn’t be wasting his time with accounting. Management talent is one of the rarest and most precious attributes in business.  For the one percent who have it, hand who can demonstrate it, Fortune 1000 companies will truely pay princely sums. After some recent snafus at work, I am starting to give serious thought about finishing my business degree and then going straight back to fulfill my original degree aspirations and get a BS in electrical engineering.  

If I had it to do over again, that is what I would do. I should have stuck with that to begin with, but the engineering schools just don’t seem to offer many night courses.  It will be a tough haul, but I really think I’ll be happier doing that type of work. — Todd Stephens

– *             Ronald Lee Todd M.B.A., C.P.A.                  * *  Unemployed for six years, mistake of being an accountant.  * *   Students, when someone tells you of your great future as  * *       an accountant, ask him to show you the job.           *

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– Hide quoted text — Show quoted text – I thought, could have heard it wrong, that some schools had a straight five year program in which no baccalaureate was awarded.  I haven’t seen the statistics, but I’ve also heard that the straight five year programs are not very popular. Yes, there are five year programs.  The one at my school is strictly an undergraduate program, but the extra year includes the extra classes needed to sit for the CPA in Florida.  To get the MAcc one still must go the grad school route, I believe.

For what it’s worth, Ohio State’s Honors Accounting program lets you start the MAcc courses senior year, and then the 5th year is all MAcc, so it’s a true 5-year BSBA/MAcc program.  (Not that I’m in the Honors program, I hear it’s death by numbers…) John

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.  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management).

I’m not sure if there is a difference between a MS/Accounting and a MAcc, but at the school I am currently attending you could not get a graduate degree in accounting without first getting an undergraduate degree in the same.  Kind of like you could not get a MS in an engineering discipline without first having your BS in an engineering discipline.  Maybe some schools are different. — Todd Stephens

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When I was 30 it was easy to find a job. When I became 40 it is a big question. If your manager is younger than you, you have immediate problem, especially when age difference is big. 20 something people are not able to understand they will get sometime to same stage.

When I was about thirty-five I had a partner use that exact reason.  He thought it would make his managers feel bad to have to supervise someone older. Currently I am applying to lot of jobs, where I know my expertise and skills are perfect fit – except age. With quite predictable result.

Yep, same story.  I’ve seen folks hire absolute crap while they wouldn’t give me an interview.  You just have to accept it as the way life goes. I’ve watched people kill their businesses and waste their resources. That’s life. Either I am overqualified, either under. Either management changes plans – when they cannot find somebody younger with same qualification set.

People who use the "overqualified" line really don’t understand business or the economic environment.  It is why their businesses usually fail. Public Accounting, in the past, has had monopolistic protections, therefore you have many failed practices that have been kept alive by the government’s distortion of the market by licensing.  As many practitioners have come to realize, the environment has been getting a lot tougher and market forces have been comming into the profession. One of the reasons that Bill Gates is so successful is that he doesn’t believe ANYONE is sufficiently qualified to work for MS, so he just takes the absolute best he can find. But if you have connections age problem disappears – friends and relatives are much better in dealing with than anonymous recruiters.

Boles stresses this point in his book. My 2 pences…

I think you have a mature and rational appraisal of the situation. – Hide quoted text — Show quoted text – Well, I was 31 in 1977 when I graduated.  I was told, quite bluntly, that I was way too old for a career in public accounting.  The partner from Arthur Young complained bitterly to the school placement office because they had wasted his valuable time with such an ancient carcass. I’ve always admired the CSUF placement staff for telling him to get stuffed. I think the only change has been the Federal Age Discrimination Act of 1978.  The change being, they now deny age discrimination while still practicing it.  FWIW, I understand Lawyers are much worse at age discrimination than accountants.  Medical schools are probably the worst, even post Bakke decision. I got a job with Andersen at age 30 in 1998.  And I also knew other people around my age or a little younger.  I also met an audit staff from Nebraska who was in his early 40’s. I think things are more flexible now. Chris

– *             Ronald Lee Todd M.B.A., C.P.A.                  * *  Unemployed for six years, mistake of being an accountant.  * *   Students, when someone tells you of your great future as  * *       an accountant, ask him to show you the job.           *

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I think before one specializes in tax he ought to keep in mind the seasonality of the business. When I began, I looked forward to tax season.  13 years later, when I decided to get out of it (okay, the first time<g), I was dreading it. Paraphrasing what someone once said about battle, "It is 10 months of sheer boredom with 2 months of sheer terror". To each his own; but I wish I had my 13 years back; I’d do something creative with them…

– Hide quoted text — Show quoted text – I’m glad you said that because taxation is what I am leaning towards. Thanks for the input. You should be able to land a job in either corporate accounting or public accounting.  Several years ago, the big firms frowned on taking new staff your age, but the dynamics have changed. By the time you get out, I expect you could start in the range from $35,000 to $45,000, depending on your grades and what type of position you are looking for. On a personal note, I would suggest specializing in tax over audit. Chris I am a 31-year old sales manager for a security company (alarms) and am pretty fed up with all of it, as I’ve always been more into the paperwork aspect of things, rather than the sales/motivation side. .  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management). My question is, what can expect as a 33 or 34 year old recent graduate as far as job prospects are concerned, as well as average starting salaries for CPA’s with Master’s degrees, but no real experience in accounting? Thanks for any and all input.

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I am a 31-year old sales manager for a security company (alarms) and am pretty fed up with all of it, as I’ve always been more into the paperwork aspect of things, rather than the sales/motivation side. .  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management). My question is, what can expect as a 33 or 34 year old recent graduate as far as job prospects are concerned, as well as average starting salaries for CPA’s with Master’s degrees, but no real experience in accounting? Thanks for any and all input.

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You should be able to land a job in either corporate accounting or public accounting.  Several years ago, the big firms frowned on taking new staff your age, but the dynamics have changed. By the time you get out, I expect you could start in the range from $35,000 to $45,000, depending on your grades and what type of position you are looking for. On a personal note, I would suggest specializing in tax over audit. Chris – Hide quoted text — Show quoted text -I am a 31-year old sales manager for a security company (alarms) and am pretty fed up with all of it, as I’ve always been more into the paperwork aspect of things, rather than the sales/motivation side. .  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management). My question is, what can expect as a 33 or 34 year old recent graduate as far as job prospects are concerned, as well as average starting salaries for CPA’s with Master’s degrees, but no real experience in accounting? Thanks for any and all input.

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- Hide quoted text — Show quoted text – I am a 31-year old sales manager for a security company (alarms) and am pretty fed up with all of it, as I’ve always been more into the paperwork aspect of things, rather than the sales/motivation side. .  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management). My question is, what can expect as a 33 or 34 year old recent graduate as far as job prospects are concerned, as well as average starting salaries for CPA’s with Master’s degrees, but no real experience in accounting? Thanks for any and all input.

Well, I was 31 in 1977 when I graduated.  I was told, quite bluntly, that I was way too old for a career in public accounting.  The partner from Arthur Young complained bitterly to the school placement office because they had wasted his valuable time with such an ancient carcass. I’ve always admired the CSUF placement staff for telling him to get stuffed. I think the only change has been the Federal Age Discrimination Act of 1978.  The change being, they now deny age discrimination while still practicing it.  FWIW, I understand Lawyers are much worse at age discrimination than accountants.  Medical schools are probably the worst, even post Bakke decision. — *             Ronald Lee Todd M.B.A., C.P.A.                  * *  Unemployed for six years, mistake of being an accountant.  * *   Students, when someone tells you of your great future as  * *       an accountant, ask him to show you the job.           *

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I’m glad you said that because taxation is what I am leaning towards. Thanks for the input. – Hide quoted text — Show quoted text -You should be able to land a job in either corporate accounting or public accounting.  Several years ago, the big firms frowned on taking new staff your age, but the dynamics have changed. By the time you get out, I expect you could start in the range from $35,000 to $45,000, depending on your grades and what type of position you are looking for. On a personal note, I would suggest specializing in tax over audit. Chris I am a 31-year old sales manager for a security company (alarms) and am pretty fed up with all of it, as I’ve always been more into the paperwork aspect of things, rather than the sales/motivation side. .  I have an opportunity to go back to school full time to get my Masters and am interested getting an MS in Accounting and sitting for the Texas CPA exam.  My BS is in an unrelated field (electronics management). My question is, what can expect as a 33 or 34 year old recent graduate as far as job prospects are concerned, as well as average starting salaries for CPA’s with Master’s degrees, but no real experience in accounting? Thanks for any and all input.

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Question:

Yep, a tongue in cheek, "You gotta be kidding me" kind of way.  And they put a mini driving range on the balcony of his hotel room too.  Some guys… errr… I’m green w/jealousy, but hey, I’d take the money too.  I’m no baseball expert, but he seems to be a better investment than ARod (for now). – Hide quoted text — Show quoted text -Not sure whether you are saying this tongue-in-cheek or not, but I don’t think you will find that the German gnomes were in the least upset at [snip] I think it’s nuts that someone can get over a million bucks to show up and play golf, but obviously the people with the money think different!  -joseph To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.

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As far as Woods hypothetical ranking in the European OoM I suspect he would actually be first – the Deutschbank Open and the Masters would net him a lot of Euros.  And his hypothetical ranking last year would have given him first place too.

Michael Campbell currently heads the European Tour Volvo OOM with E687,000. Woods placings on the current European Tour Schedule are: 1       Johnnie Walker Classic (Thailand)       E225,000 1       US Masters                              E1,146,000 T2      Dubai Desert Classic                    E138,000 1       Deutsche Bank SAP (Germany)             E450,000 Total   4 events                                E1,959,000 Cheers Colin Wilson RSG Roll Call: http://u1.netgate.net/~kirby34/rsg/wilsonc.htm Trentham Golf Club: http://www.trenthamgolf.com

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ESPN reported that Tiger would rank third on the order of

merit on SC the other night if he was qualified to do so.

As already pointed out. What they meant is that he would be 3rd in the ALLTIME European Money List. He would comfortably be first on this year’s OOM.

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To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5.

ESPN reported that Tiger would rank third on the order of merit on SC the other night if he was qualified to do so.

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His European OoM tour ranking is hypothetical because he doesn’t play in enough European Tour events to merit a European Tour card.

Yes, but since we’re being hypothetical, he could decide to play in enough events to get the card, right?  How many events more would he need?

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His European OoM tour ranking is hypothetical because he doesn’t play in enough European Tour events to merit a European Tour card. Yes, but since we’re being hypothetical, he could decide to play in enough events to get the card, right?  How many events more would he need?

Well 11 is the number being bandied about as the minimum number of tournaments required to retain a tour card and so far Woods has played in 4 – the Johnnie Walker Classic (Thailand), the Dubai Desert Classic, the US Masters and the Deutsche Bank SAP.  He therefore needs to play in 7 more events.  The remaining three majors and the remaining two WGC events count towards the European Tour total so he needs to schedule in two more regular European Tour events. Crispin Roche

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If Tiger had standing on the European Tour, he would have led its Order of Merit the past two years.  He needs to play 11 events this year to be considered … let’s see …   Johnnie Walker   Deutsche Bank   Dubai   Masters   US Open   British Open   PGA   NEC   World Championship Now … isn’t he playing in the Trophee Lancome?  That makes 10.  All he needs is one more, if I’m counting right. There will undoubtedly be complaints about the evils of co-sponsoring, but Tiger wins over half the time he plays on the European Tour, so it’s not as if it would be some kind of travesty if he had an Order of Merit title or two (or five) to his credit.   -joseph – Hide quoted text — Show quoted text – To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5.

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Not sure whether you are saying this tongue-in-cheek or not, but I don’t think you will find that the German gnomes were in the least upset at paying Tiger’s appearance fee, whatever it was.  The PGA Tour takes a position against appearance fees, but the situation in Europe is different.  The whole circumstances of professional golf, spectators, sponsors, etc. in Europe and the rest of the "European" Tour are different.  For their money they get more than four rounds of golf out of Tiger.  I’m sure the accounting includes one or more clinics, dinners, etc., which even without his showing up to play golf, attract spectators, television viewers, etc., would be worth a large fraction of the ~$2m. You won’t hear more than the vaguest mutterings from the PGA Tour about whatever fees Tiger collects, because they are still trying to figure out whether the suddenly more-than-doubled revenues and purses in pro golf are 100 percent Tiger’s doing, or just 50 percent. I think it’s nuts that someone can get over a million bucks to show up and play golf, but obviously the people with the money think different!   -joseph – Hide quoted text — Show quoted text – To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.

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Woods has won three tournaments this year that count on the European OOM: -Johnny Walker Classic in Thailand(first 2001 tournament for Euro) -Masters -Deutsch Bank Regards  John Stephens – Hide quoted text — Show quoted text – I heard that he was third on the ALL TIME European money list.  I forget who he passed — Ian Woosnam?

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Chris, what they meant was he would be 3rd in the ALLTIME Euro Money list! This season he would be comfortably 1st in the Order of Merit and combined with the events he is due to play this year, the majors and the world championships, PLUS the Lancome Trophy is is playing in, he only has to play in ONE OTHER event to qualify for the OOM. Talk on Sky Sports suggests that he may enter the German Masters the week after the Ryder Cup to claim this honor. As we know, Tiger’s into records and this would surely be another… The Sea Ram – Hide quoted text — Show quoted text – To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5. I don’t know about the Order of Merit rankings, but I heard on the radio this morning that he’d be currently third on the European Tour’s money list, if he was actually a member of the European Tour.

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I heard that he was third on the ALL TIME European money list.  I forget who he passed — Ian Woosnam? To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5. I don’t know about the Order of Merit rankings, but I heard on the radio this morning that he’d be currently third on the European Tour’s money list, if he was actually a member of the European Tour.

– John Pflum, Jr. PKG Consultants, Inc. 5533 Fair Lane Cincinnati, Ohio   45227 513/272-5533 Web: http://www.pkgconsult.com

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Tiger Woods has $US1.7 million in winnings derived from official euro tour events. He has played in 4. The Order of Merit leader is Michael Campbell, who has <$US 0.7 million. Gien that Woods will play in the 3 remaining majors and probably 1 of the remaining World Golf events, he wl surpass alll euro regulars in winnings but 2 or 3 million…but he won’t have played in 11 events!!!  They could make him an honorary member, but then none of the euro tour members would have a shot at the OOM, despite playing in 15+ events to Woods’ <10! – Hide quoted text — Show quoted text – To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5.

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To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5.

I don’t know about the Order of Merit rankings, but I heard on the radio this morning that he’d be currently third on the European Tour’s money list, if he was actually a member of the European Tour.

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Woods has only (only ha, ha!) won 7 European Tour events, i.e. his two wins in Thailand, the Asian Honda Classic, his two DeutschBank Opens and the Open Championship. However, in terms of events which count towards the European rankings his 4 other majors and his 3 WGC wins would also have to be counted. As far as Woods hypothetical ranking in the European OoM I suspect he would actually be first – the Deutschbank Open and the Masters would net him a lot of Euros.  And his hypothetical ranking last year would have given him first place too. His European OoM tour ranking is hypothetical because he doesn’t play in enough European Tour events to merit a European Tour card. Crispin Roche

– Hide quoted text — Show quoted text – I dont think he has played many european tour events this year so he wont be ranked at the top. I think I read he as won 11 out of 22 events he has played in Europe over his career though. To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5. Craig

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To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5.

Response:

I dont think he has played many european tour events this year so he wont be ranked at the top. I think I read he as won 11 out of 22 events he has played in Europe over his career though.

To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5.

Craig

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I think he’s won three this year. The one in Thailand was the beginning of this year, plus the Masters which counts also. So I would think he’d probably be first on the money list, if you double counted for each tour.

– Hide quoted text — Show quoted text – I dont think he has played many european tour events this year so he wont be ranked at the top. I think I read he as won 11 out of 22 events he has played in Europe over his career though. To add insult to injury, Woods got 1st prize money in addition to his appearance fee, whatever that is.  Anyone have a guess as to his place on the Order of Merit if he were able to qualify for it?  It’s got to be top 5. Craig

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Question:

L**** (a peer to peer technology provider) said Todd said … an authoritative, "real" reputation server… participants with reputation would get discounts in market pricing, and might even pay a buck for the privilege of putting their reputation data on the host… The question is: who’s buying right now?  Are there accounting customers who would buy in the short term?

Well, after a heavy thanksgiving dinner and wine, I’ll have a try at this. IMO this goes way beyond "accounting clients" because the likelihood that any particular CPA will be deeply involved in cpa2biz might be .1% in year one, and the likelihood any particular small business will plunge into the brave new world of reputation-based webledger settlement, securitized payables or whatever we’re building is also .1% so the conditional probability that any CPA will know the client is 1 in a million. Instead, SMBs who want webledger settlement and reputation services, or digital bearer cash solutions, would plug in with ASPs and BSPs who host the new webledgers, or settlement services or security tunnel, and those hosts would have contractual relationships with CPAs in which the CPA provides certain services i.e. yes, attest services. L****–the AICPA already has at least two different technology attest functions, WebTrust and SysTrust.  Those may provide some components for cpa2biz, but I would suggest cpa2biz take a more raw and aggressive role by actually controlling its own servers and technology, and attesting to reputation scores derived from clients’ webledgers or other reputation systems.   This is different from attesting to security, privacy, etc. of other companies’ websites.  You’re going to need deep security.  But it’s your own system not a client’s system.  And the rules governing a CPA’s opinions regarding reputation would be the traditional rules that govern attest to financial statements, etc. I’m trying to get the CPA into a position where they can do just a little more relevant form of "attest" for a lot lower fees, by virtue of the fact that so much more of the transactions are online, and the general ledger is online.   Consider the unassailable position held by banks in assessing credit risk for the past 100 years, having complete visibility of companies cash accounts.  The position of CPAs serving clients with webledgers will greatly exceed that, if we wake up and seize the opportunity. And to answer your question, who are the clients who have immediate, short-term demand for these weird reputation services?  It is the entire population of small and medium businesses who are fedup with manually keying every transaction, and printing and mailing checks and invoices. The SMBs who want to conduct business online by exchanging POs, invoices, and payments integrated with their trading partners.   THOSE clients are quite numerous and agressively looking for solutions.  They snap up anything new like Paypal that comes along–then drop it when it sucks time by lacking any data integration.   Right now there are around 10 million people sitting out there, stuck, with basic electronic banking and Quicken and Money and Quickbooks.   That’s the dead-end everybody is stuck at right now, and have been stuck at for five years.  You can push a payment to somebody but only very inconveniently, and all data content, xml, payment manifest, etc. is stripped away by the banks. Remember– you may not agree with my basic assumption that the bank is the problem and that business integration cannot go forward as long as payments and settlements go thru banks.  I am trying to build a world where settlements take place by intercompany journal entries between sovereign individuals and companies, and that the sovereign currencies and bank balances sit in the bank vaults where they belong.   If accountants can transfer assets and liabilities as intercompany journal entries with 3rd parties, as they commonly do in affiliated corporations, then trusted settlement agents will assume roles as intermediaries to provide liquidity.  This can be done as a purely mechanical function having no risk.  Or it can be done as a lending function as reputation mechanisms become more evolved.  Finally, it can be done directly among unrelated companies by exchanging their own securitized payables on the webledger host.   Webledger vendors are already working to enable SMBs to submit simple transactions to each other’s ledgers as unposted transaction batches. The objective is to enable small business to create a PO, and have it flippped into a draft sales order that appears in the other company’s ledger –a simple bit of SQL for a webledger and having zero risk. Now think about this a minute and you will understand, this enables webledger settlement and the realization of my vision. I believe it’s absolute certainty, that cpa2biz would fail if it tries to actually choose mechanisms of security and reputation, invest in implementation, or form long-term alliances to assume a posture of being the world’s reputation provider.   The problem is that within months there will always be a new technology, a new market challenge and new technological challenge.   We have to be smart enough to avoid buying an office building or data center, or even owning our own server, or even committing to a particular software.  Rather we CPAs need to be committed to CHANGING our software at such time as somebody proves to us, that they have something better.  Results driven, technology agnostic. cpa2biz should remember, that nobody knows our client’s books and circumstances as well as we do.  And we know the accounting software environment very very well, both legacy and on ASPs and webledgers. We need to work harder to understand who has got the best, most cost-effective payments and ecommerce technologies, and work to get cpa2biz into a position as a sort of kingmaker.   We CPAs can never be king–we don’t have the money, or the power, or the technology, ourselves.  And the marketplace seems to be strongly rejecting anything that looks like a lock-in gateway, anyways. But we can facilitate the relationships between SMBs by pointing to the solution providers.  We can be the catalysts. Rather than endlessly talking about this, verbally, cpa2biz would identify the criteria that decide our recommendation for basic ASP and BSP and webledger functions– performance, security, XML interfaces, support for XBRL, support for each other’s interfaces, etc.   We should identify XML schemas for ledger integration, and solutions for security, and algorithms for deriving reputation scores from webledger transaction flows without compromising privacy.  I have been trying to sell my services to cpa2biz to help with this work.  I created rootLedgerXML schemas and other designs for this same reason. I don’t have anywhere near a complete vision of how all of this will unfold. Like VISA international, you accept that there is never going to be any single king, but a sort of commons.  I envision cpa2biz (or whoever arises to fulfil the role of reputation management) as a sort of headless organization that somehow finds a way to accomplish what its members desperately need: enable secure ecommerce and breakout from the banks. A chaordic organization, if you’ve read Dee Hock’s book. Per totally reliable authentication: in practice, really good decentralized authentication is such a large performance hit that many users may not put up with it.  You have to encrypt absolutely everything.  P2P requires a large volume of transactions, so bad performance of each one adds up to painful performance of the whole. – L****

I agree.  Encryption seems to be a race which can only be won by continually buying faster processors.  I hate that.   That’s why I want reputation tied to latititude/longtitude and real, local, legal identity.  Anything having local physical control instead of being a wide-open, globally-visible hacker’s paradise.  Real people having real credit are being cheated out of their right to conduct business on the internet because of a generalized lack of security.   Now, cpa2biz is in a great position to overcome that problem. It is very obvious the PC can never be hardened enough to enable an unskilled person to conduct payments, without a hardware addon.   There are some low cost hardware devices that can provide sufficient authentication of users to enable webledger settlement among a trusted community of webledger subscribers.  You say performance sucks?  Hardware coprocessors are cheap, compared with the vast amounts of money we spend on PCs. Todd * Todd F. Boyle CPA    http://www.GLDialtone.com/ * XML accounting, webledgers, BSPs, ASPs, whatever it takes

Response:

Following, I crosspost this information here on alt.accounting so that the people who are interested, becomes aware of these long running, and very informative, discussions on other mailing lists I hope all CPAs note the significance of these admissions by the crypto community.  I repeat, all credit really derives from individuals and companies not banks, and there is a true gold mine awaiting CPAs who join together to provide reputation mechanisms and assured identity to creditworthy companies.   The CPA’s compilation is really the currency of credit in America.   Why not wake up, and get serious about making money with it?  CPAs have been technologically lazy, while clever geeks in the techno industry made money on the web.  Bricks and mortars clawed back their markets and now, it’s time for CPAs to clawback our markets and roles in attestation.  We have been getting sued attesting to the wrong things for the wrong people.  Webledgers will make reputation and credit a great business for CPAs if they wake up and do it before VISA or Verisign or NetLedger do it, -TODd * Todd F. Boyle CPA    http://www.GLDialtone.com/ * XML accounting, webledgers, BSPs, ASPs, whatever it takes Sent: Thursday, November 16, 2000 3:53 PM To:  RAH Digital Bearer Settlement List http://www.anu.edu.au/people/Roger.Clarke/II/PKIMisFit.html Public Key Infrastructure: An Artifact Ill-Fitted to the Needs of the Information Society Abstract It has been conventional wisdom that, for e-commerce to fulfill its potential, each party to a transaction must be confident in the identity of the others.

This is the law for commerce, except for cash transactions of non-controlled goods. Firearm sales usually require proof of identity (at least) even for a cash transaction. Digital signature technology, based on public key cryptography, has been claimed as the means whereby this can be achieved.

No.  The only thing claimed in digital signature technology is that a message was signed by a key which has a strong binding to an identifier:   Section 11.2 of X.509v3

Question:

Setting up a new account is more than a one step process. I would guess that the new account was not set up properly. If you would like to call Ed on our help desk he could walk you though the set up process. Our help desk is open during normal business hours. I hope this helps — Myron Joy CPA       Joy & Associates P.C.       Phoenix Az Accountants and Information Technology Consultants.  Developers of ClientLink E-Accounting Software. Visual AccountMate Business Partner.

– Hide quoted text — Show quoted text – I am an accounting student currently doing an internship. The company I am working for is changing accounting systems from QuickBooks to Visual AccountMate. I added new accounts to chart of accounts, but when I try to post an entry it says the account doesn’t exist. The account shows up in the chart of accounts. Any suggestions? — Reed Neagle

Response:

I am an accounting student currently doing an internship. The company I am working for is changing accounting systems from QuickBooks to Visual AccountMate. I added new accounts to chart of accounts, but when I try to post an entry it says the account doesn’t exist. The account shows up in the chart of accounts. Any suggestions? — Reed Neagle

Response:

Question:

        Panther ( yes she does have a sick sense of humor……and wouldn’t change it in the world!!) – Hide quoted text — Show quoted text – Ways to Annoy Your Public Bathroom Stall-Mate   1.      Stick your open palm under the stall wall and ask your neighbor,   "may I borrow a highlighter?"   2.      Say, "uh oh, I knew I shouldn’t have put my lips on that."   3.      Cheer and clap loudly every time somebody breaks the silence   with a bodily function noise.   4.      Say, "Damn, this water’s cold."   5.      Drop a marble and say, "Oh no! My glass eye!"   6.      Say, "Hmmm, I’ve never seen that color before."   7.      Grunt and strain real loud for 30 seconds and then drop a   cantelope into the toilet bowl from a height of six feet. Sigh relaxingly.   8.      Say, "Now how did that get in there."   9.      Say, "Humus.  Reminds me of humus."   10.     Fill up a large flask with Mountain Dew. Squirt it erratically   under the stall walls of your neighbor’s while yelling, "Whoa!  Easy boy!"   12.     Using a small squeeze tube, spread peanut butter on a wad of   toilet paper and drop the wad under the stall of your neighbor.  Then   say, "Whoops, could you kick that back over here please?"   13.     Say, "C’mon Mr. Happy! Don’t fall asleep on me now."   14.     Fill a balloon with cream corn. Rush into the stall with your   hand over your mouth and let out a lengthy vomit impression while you   squeeze the balloon and splatter cream corn all about. Apologize   profusely and blame it on the fettucine alfredo you had for breakfast.   15.     Say, "Boy, that sure looks like a maggott."   16.     Say, "Damn, I knew that drain hole was a little too small.  Now   what am I gonna do?"   17.     Play a well known drum cadence over and over again on your butt   cheeks.   18.     Before you un-roll toilet paper, conspicuously lay down your   "Cross-Dressers Anonymous" newsletter on the floor visible to the   adjacent stall.   19.     Lower a small mirror underneath the stall wall, adjust it so you   can see your neighbor and say, "Peek-a-boo!"   20.     Drop a D-cup bra on the floor under the stall wall and sing   "Born Free."

– C:DOS C:DOSRUN RUNDOSRUN

Response:

        Panther – Hide quoted text — Show quoted text – ove, Lust, or Marriage?   How do you know if you’re in love, in lust, or really married? For those   of you who have any questions, or misplaced envy, this should clear it up:   LOVE – When your eyes meet across a crowded room.   LUST – When your tongues meet across a crowded room.   MARRIAGE – When you lose your child in crowded room.   LOVE – When intercourse is called "making love."   LUST – When intercourse is called "screwing."   MARRIAGE – What the hell are you talking about?   LOVE – When you share everything you own.   LUST – When you steal everything they own.   MARRIAGE – When the bank owns everything.   LOVE – When it doesn’t matter if you don’t climax.   LUST – When the relationship is over if you don’t climax.   MARRIAGE – What’s a climax?   LOVE – When you write poems about your partner.   LUST – When all you write is your phone number.   MARRIAGE – When all you write is cheques.   LOVE – When you show concern for your partner’s feelings.   LUST – When you couldn’t give a &*%$   MARRIAGE -When your only concern is what’s on TV.   LOVE – When your farewell is "I love you, darling…"   LUST – When your farewell is "So, same time next week…"   MARRIAGE – When your farewell is a relief.   LOVE – When you are proud to be seen in public with your partner.   LUST – When you only see each other naked.   MARRIAGE – When you never see each other awake.   LOVE – When your heart flutters every time you see them.   LUST – When your groin twitches every time you see them.   MARRIAGE – When your wallet empties every time you see them.   LOVE – When nobody else matters.   LUST – When nobody else knows.   MARRIAGE – When everybody else matters and you don’t care who knows.   LOVE – When all the songs on the radio describe exactly how you feel.   LUST – When the song on the radio determines how you do it.   MARRIAGE – When you listen to talk radio.   LOVE – When breaking up is something you try not to think about.   LUST – When staying together is something you try not to think about.   MARRIAGE – When just getting through today is your only thought.   LOVE – When you’re only interested in doing things with your partner.   LUST – When you’re only interested in doing things TO your partner.   MARRIAGE – When you’re only interested in your golf score.

– C:DOS C:DOSRUN RUNDOSRUN

Response:

Oh oh oh!!  I SEE A NEW TAGLINE COMING!!! -Julie Some mornings, it’s just not worth chewing through the leather straps.

Response:

Women Vs. Men  Why are men given larger brains than dogs?  So they don’t hump women’s legs at cocktail parties.

When did they stop? Brenda —             z         z   |  z   _,,,–,,   /,`.-’`’   ._  -;;,_  |,4-  ) )_   .;.(  `’-’ ‘—”(_/._)-’(__)  "Love makes you real"   — The Velvetine Rabbit — http://www.GeoCities.com/SoHo/Nook/7680

Response:

Women Vs. Men  Why are men given larger brains than dogs?  So they don’t hump women’s legs at cocktail parties. When did they stop? Brenda

        Panther —             z         z   |  z   _,,,–,,   /,`.-’`’   ._  -;;,_  |,4-  ) )_   .;.(  `’-’ ‘—”(_/._)-’(__)  "Love makes you real"   — The Velvetine Rabbit — http://www.GeoCities.com/SoHo/Nook/7680

– Life is the childhood of our immortality.                      –Johann Wolfgang von Goethe

Response:

When did they stop?

LOL! Liz http://www.geocities.com/wellesley/7368 "I will go where my own nature leads me;  It vexes me to be guided by another’s"

Response:

OOps….that first one is fun things to do at a funeral…and the second was Seuss books…

Response:

okay why do ob docs spank newborn babies? to knock the penises off the smart ones <ducking and running like hell! – Hide quoted text — Show quoted text – Women Vs. Men   Why are men given larger brains than dogs?   So they don’t hump women’s legs at cocktail parties. (no offense to our guys here  *g*)

Response:

Panther – Hide quoted text — Show quoted text – okay why do ob docs spank newborn babies? to knock the penises off the smart ones <ducking and running like hell! Women Vs. Men   Why are men given larger brains than dogs?   So they don’t hump women’s legs at cocktail parties. (no offense to our guys here  *g*)

– C:DOS C:DOSRUN RUNDOSRUN

Response:

WHY?!

Response:

Why do OB docs spank newborns? To knock the penises off the smart ones, of course ; – Hide quoted text — Show quoted text – WHY?!

Response:

Why do OB docs spank newborns? To knock the penises off the smart ones, of course ; WHY?!

–         LOL C:DOS C:DOSRUN RUNDOSRUN

Response:

v<

Oh god…lol…I bet that went over big with some of our members….*ggg*

Response:

Why do OB docs spank newborns? To knock the penises off the smart ones, of course ;

Response:

*giggle* i’m sure i’ve seen that one before, but thanks for the laugh anyhow.

Response:

why do men name their penis? coz they don’t want 90% of their decisions to be made by a complete stranger. (i’d apologize to all the men here, but i’m too busy giggling)

Response:

why do men name their penis? coz they don’t want 90% of their decisions to be made by a complete stranger. (i’d apologize to all the men here, but i’m too busy giggling)

–         Better watch it or averti may never talk to you again!         Panther Life is the childhood of our immortality.                      –Johann Wolfgang von Goethe

Response:

Ways to Annoy Your Public Bathroom Stall-Mate   1.      Stick your open palm under the stall wall and ask your neighbor,   "may I borrow a highlighter?"   2.      Say, "uh oh, I knew I shouldn’t have put my lips on that."   3.      Cheer and clap loudly every time somebody breaks the silence   with a bodily function noise.   4.      Say, "Damn, this water’s cold."   5.      Drop a marble and say, "Oh no! My glass eye!"   6.      Say, "Hmmm, I’ve never seen that color before."   7.      Grunt and strain real loud for 30 seconds and then drop a   cantelope into the toilet bowl from a height of six feet. Sigh relaxingly.   8.      Say, "Now how did that get in there."   9.      Say, "Humus.  Reminds me of humus."   10.     Fill up a large flask with Mountain Dew. Squirt it erratically   under the stall walls of your neighbor’s while yelling, "Whoa!  Easy boy!"   12.     Using a small squeeze tube, spread peanut butter on a wad of   toilet paper and drop the wad under the stall of your neighbor.  Then   say, "Whoops, could you kick that back over here please?"   13.     Say, "C’mon Mr. Happy! Don’t fall asleep on me now."   14.     Fill a balloon with cream corn. Rush into the stall with your   hand over your mouth and let out a lengthy vomit impression while you   squeeze the balloon and splatter cream corn all about. Apologize   profusely and blame it on the fettucine alfredo you had for breakfast.   15.     Say, "Boy, that sure looks like a maggott."   16.     Say, "Damn, I knew that drain hole was a little too small.  Now   what am I gonna do?"   17.     Play a well known drum cadence over and over again on your butt   cheeks.   18.     Before you un-roll toilet paper, conspicuously lay down your   "Cross-Dressers Anonymous" newsletter on the floor visible to the   adjacent stall.   19.     Lower a small mirror underneath the stall wall, adjust it so you   can see your neighbor and say, "Peek-a-boo!"   20.     Drop a D-cup bra on the floor under the stall wall and sing   "Born Free."

Response:

Women Vs. Men   Why are men given larger brains than dogs?   So they don’t hump women’s legs at cocktail parties. (no offense to our guys here  *g*)

Response:

ove, Lust, or Marriage?   How do you know if you’re in love, in lust, or really married? For those   of you who have any questions, or misplaced envy, this should clear it up:   LOVE – When your eyes meet across a crowded room.   LUST – When your tongues meet across a crowded room.   MARRIAGE – When you lose your child in crowded room.   LOVE – When intercourse is called "making love."   LUST – When intercourse is called "screwing."   MARRIAGE – What the hell are you talking about?   LOVE – When you share everything you own.   LUST – When you steal everything they own.   MARRIAGE – When the bank owns everything.   LOVE – When it doesn’t matter if you don’t climax.   LUST – When the relationship is over if you don’t climax.   MARRIAGE – What’s a climax?   LOVE – When you write poems about your partner.   LUST – When all you write is your phone number.   MARRIAGE – When all you write is cheques.   LOVE – When you show concern for your partner’s feelings.   LUST – When you couldn’t give a &*%$   MARRIAGE -When your only concern is what’s on TV.   LOVE – When your farewell is "I love you, darling…"   LUST – When your farewell is "So, same time next week…"   MARRIAGE – When your farewell is a relief.   LOVE – When you are proud to be seen in public with your partner.   LUST – When you only see each other naked.   MARRIAGE – When you never see each other awake.   LOVE – When your heart flutters every time you see them.   LUST – When your groin twitches every time you see them.   MARRIAGE – When your wallet empties every time you see them.   LOVE – When nobody else matters.   LUST – When nobody else knows.   MARRIAGE – When everybody else matters and you don’t care who knows.   LOVE – When all the songs on the radio describe exactly how you feel.   LUST – When the song on the radio determines how you do it.   MARRIAGE – When you listen to talk radio.   LOVE – When breaking up is something you try not to think about.   LUST – When staying together is something you try not to think about.   MARRIAGE – When just getting through today is your only thought.   LOVE – When you’re only interested in doing things with your partner.   LUST – When you’re only interested in doing things TO your partner.   MARRIAGE – When you’re only interested in your golf score.

Response:

1.I think animal testing is a terrible idea; they get all nervous and give the wrong answers.

Question:

We are now able to offer on line accountancy services for the UK and with our associates also Canada and the U.S.A. If you are fed up with only having figures at the year end or want to be part of the most modern accounting system visit our web site at http://151.196.77.240/mall/ptrfs.htm and try the on line demo. If you want

Response:

– Hide quoted text — Show quoted text – We are now able to offer on line accountancy services for the UK and with our associates also Canada and the U.S.A. If you are fed up with only having figures at the year end or want to be part of the most modern accounting system visit our web site at http://151.196.77.240/mall/ptrfs.htm and try the on line demo. If you want

Response:

Accept Checks by Fax/Phone/E-Mail… Download a Free Demo Today.. http://ddconsultants.com/check WebHosting; 50Mbs plus loads of goodie for $15.95 per Month. http://utahusa.com/dave Pssss…. Sign up and pay In full and I’ll toss In the Software..

Response:

Question:

Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month, What are you doing using child support money to pay for your Internet charges?  That’s exactly what gets men so pissed off and makes it so hard for those of us women who are trying to fight deadbeats who refuse to pay support.  

Did you really think about this reply before you posted it?  If one parent doesn’t pay his/her half of the child support, that other half comes from *guess where*!  The money APART from the money  you already used to pay for your own half of the childs support !  SO are you saying that this woman has no right to anything for herself because she is the custodial parent and the non-custodial parent didn’t pay his share?  What do you suppose the non custodial parent (ncp) did with that child support money that he didn’t send?  I would imagine he would be able to pay for a lot more than an ISP monthly payment with it. THis person came looking for some support, someone who could hear her anguish and offer some empathy and instead she gets her teeth bashed in.  What a  GREAT group!

Response:

YAAAAYYY, Patricia! Glad to hear it, congratulations and all!!! Tracey

Response:

- Hide quoted text — Show quoted text – Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month, What are you doing using child support money to pay for your Internet charges?  That’s exactly what gets men so pissed off and makes it so hard for those of us women who are trying to fight deadbeats who refuse to pay support.  This kind of thing is exactly what those men are afraid of – women who use the money for the wrong things.  so hes defaulting on payments…one more fight for me.  My unemployment insurance ends in a week. Ever thought of getting a job? So do the math….no support payments, no job = homeless very quickly.  My lawyer wants to be paid, but I cant pay him.  This is all a nightmare. IF any of you live in Orange County California and can use a good employee who is computer literate, please email me. You may be computer literate but your English and grammar are hopeless – you’ll have difficulty getting a job in the computer world without those skills. My internet charges are only 19 a month…less than 30 cents a day.  How much do you spend on beer or cigarettes?  I use my computer for more than this "support" group.  I am accessing newspapers, on line job boards, faxing my resume out, and I use it for my daughter’s homework. I could go spend $50 a session for a shrink.  I thought being on this NG would be support enough that I could get a support "group" along with my internet charges…..maybe Im wrong.  Why dont you go throw your rocks at your own house? Pat

Susan:  Im sure many of the people who use this NG and casual emails would agree that grammar and spelling go on the wayside when used in this venue.  This is not a business situation where I would watch my P’s and Q’s.  My spelling and grammar are excellent.  You are way too smug to be in a support group. For the rest of my friends out there:  I FOUND A JOB!!! I will be working in a legal office 5 days a week.  The hours are perfect, and pay is adequate.  And you know WHAT SUSAN??? I’ll be paying for the internet with my OWN money. Patricia

Response:

Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month, What are you doing using child support money to pay for your Internet charges?

Have you considered the possibility that she was using the support money to pay the _proper_ expenses, and using her own to pay for internet? Brian (no, the other one)

Response:

- Hide quoted text — Show quoted text – Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month, What are you doing using child support money to pay for your Internet charges?  That’s exactly what gets men so pissed off and makes it so hard for those of us women who are trying to fight deadbeats who refuse to pay support.  This kind of thing is exactly what those men are afraid of – women who use the money for the wrong things.  so hes defaulting on payments…one more fight for me.  My unemployment insurance ends in a week. Ever thought of getting a job? So do the math….no support payments, no job = homeless very quickly.  My lawyer wants to be paid, but I cant pay him.  This is all a nightmare. IF any of you live in Orange County California and can use a good employee who is computer literate, please email me. You may be computer literate but your English and grammar are hopeless – you’ll have difficulty getting a job in the computer world without those skills.

My internet charges are only 19 a month…less than 30 cents a day.  How much do you spend on beer or cigarettes?  I use my computer for more than this "support" group.  I am accessing newspapers, on line job boards, faxing my resume out, and I use it for my daughter’s homework.   I could go spend $50 a session for a shrink.  I thought being on this NG would be support enough that I could get a support "group" along with my internet charges…..maybe Im wrong.  Why dont you go throw your rocks at your own house? Pat

Response:

Like this happened overnight….right? You LET yourself deteriorate to being homeless! Get up off your god damn lazy ass and get a freaking job at McDonald’s or something. STop your sniveling crap expecting sympathy. You brought this upon yourself by doing nothing, how long has this been in the works?

Response:

 This is all a nightmare. IF any of you live in Orange County California and can use a good employee who is computer literate, please email me.

I’m not from California, but you might try contacting several temporary agencies such as Manpower, Kelly, etc.–there’s probably dozens in your area.  Temp agencies are great ways of getting quick jobs that are better than working in the service industry.  You can get quick data entry, computer programming, office & secretarial, etc. which will pay better than average.  They are also a great way to get full-time permanent positions.  Often companies will hire temps as a way to screen for new employees.  Good luck! You can do it!

Response:

Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month,

What are you doing using child support money to pay for your Internet charges?  That’s exactly what gets men so pissed off and makes it so hard for those of us women who are trying to fight deadbeats who refuse to pay support.  This kind of thing is exactly what those men are afraid of – women who use the money for the wrong things.    so hes defaulting on payments…one more fight for me.  My unemployment insurance ends in a week.  

Ever thought of getting a job? So do the math….no support payments, no job = homeless very quickly.  My lawyer wants to be paid, but I cant pay him.  This is all a nightmare. IF any of you live in Orange County California and can use a good employee who is computer literate, please email me.

You may be computer literate but your English and grammar are hopeless – you’ll have difficulty getting a job in the computer world without those skills.

Response:

Pat, I don’t live in Orange County, but maybe these can help… I worked at what is now called Peek Traffic – Signal Control Company in Salem OR.  I’ve made some friends, but didn’t keep in contal (kick myself in the butt for that one)…  I ran the A/P department, and had the last name of Brown.  It has been only eight years since I’ve been there, so this is the best I can do… Econolite Control Products, Inc. 3360 E. La Palma Ave. Anaheim, CA 92806 Phone (714) 630-3700 I knew someone by the name of Chuch Crews.  Loved talking to him on the phone.  He had the best sounding voice I’ve ever heard, and would have loved to gone skiing with him.  He asked if I’d go one time when he was planning on coming to Oregon, but I left my job there and went on to II Morrow Inc.  He would work in the Accounting Department if he is still there.  I don’t think he’ll remember me, but you can try…. Once again I went by the name of Tracy Brown.  And just in case you do mention me, and he remembers me… tell him I’d still love going skiing with him and he can teach me… Peek Traffic – Signal Maintenance Inc. 2283 Via Burton Street Anaheim, CA 92806 Telephone 714-563-4000 Sub company of Peek Traffic and Signal Control… Signal Control Company was bought out by Peek Traffic a fews years ago.  Since then I know they have been doing many changes, but it is a try.  I don’t think anyone still works there that I dealt with.  One of my job functions was to take their a/p stuff, verify it, and send it on it’s merrily way to be paid.  Quite interesting job…. Good luck, Tracy http://www.engr.orst.edu/~browntr/      | http://www.teleport.com/~tracyh/ I would like to find a man who wants    | Have you told your children to be married and a father for life.    | you love them today? "The only safe computer is a dead computer" – Hide quoted text — Show quoted text – Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month, so hes defaulting on payments…one more fight for me.  My unemployment insurance ends in a week.  So do the math….no support payments, no job = homeless very quickly.  My lawyer wants to be paid, but I cant pay him.  This is all a nightmare. IF any of you live in Orange County California and can use a good employee who is computer literate, please email me.

Response:

Well, this may be my last posting for a while, looks like Im going to have to give up my internet service unless a miracle happens!  My ex says he cant pay support this month, so hes defaulting on payments…one more fight for me.  My unemployment insurance ends in a week.  So do the math….no support payments, no job = homeless very quickly.  My lawyer wants to be paid, but I cant pay him.  This is all a nightmare. IF any of you live in Orange County California and can use a good employee who is computer literate, please email me.

Response:

Question:

We are relatively new users of Applied. Had previously been on an AMS system. As you we have six users, pentium file server, fax from each work station, and download from our companies.  Applied 5.0C has some bugs, but the update which is due soon(we’ve been hearing that for some time) is due out soon.  Bugs include: inability to do a BOP app. under prospects, lack of some ACORD forms, errors in some applications. However the faxing from each terminal is great and it does have accounting, billing, all policy detail, marketing and a lot of reports. No payroll program however, even though they tell you they do.  Watch the Applied hardware. After purchasing some of it and using some of our own previously purchased I’m convinced theirs is all reconditioned and we’ve had a lot of problems with it.  Overall for the money, Applied is great when everything is working right.

Response:

You said: I am new to this newsgroup, and I am in the process of selecting an Agency Management system.  I have narrowed my selection down to Agena for Windows, AMS PathFinder, And Applied System’s TAM (their Windows product). I would appreciate any insights on these systems from current/past users. Rick DiGiacomo What do you want it to do?  Define that first and then it is easy to measure what is on the market to what you need. Frank E. Novak

As a frustrated AMS Pathfinder plus user,  and a non impressed Agena for Windows user,  all I can say is GOOD LUCK!  Dont let AMS feed you the 15 months till our full blown windows wysiwyg mamma jamma bannanna version will be released.  We’ve been hearing that bandini for 4 years! Steve

Response:

I am new to this newsgroup, and I am in the process of selecting an Agency Management system.  I have narrowed my selection down to Agena for Windows, AMS PathFinder, And Applied System’s TAM (their Windows product).  I would appreciate any insights on these systems from current/past users. Rick DiGiacomo

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I just started an agency…presently it is me and me alone–hiring 2-3 producers in coming months…looking into a bottom end system…we are an Allstate independent so we put most of our personal lines through their computers, but commercial is another deal completely…so any info would be of help… william I have been evaluating a variety of agency management systems over the past couple of months.  I found what appeared to be a fuctional low-end system in Agency1.  Its by AMS, its DOS Based, and I’m pretty sure it can handle commercial lines.  They will send you a Test Drive Diskette if you ask for it, you get to test drive the system in your office for 30 days. They will require that you let them do a 1 hour tlelphone walk through. The price of the system runs abut $125/month.  Call them at 208-772-8900. If you are in the New England area, your rep will be Tim Davis.  I suggest asking for him anyway, he was very knowledgeable and helpful. We are looking for a top end Windows based product, but for the money, Agency1 looked like the best of the low end systems. Best of luck. Rick DiGiacomo

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I just started an agency…presently it is me and me alone–hiring 2-3 producers in coming months…looking into a bottom end system…we are an Allstate independent so we put most of our personal lines through their computers, but commercial is another deal completely…so any info would be of help… william love is a dog from hell….WOOF ! william redfern or possibly michail ruane

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You said: What do you want it to do?  Define that first and then it is easy to measure what is on the market to what you need. Frank E. Novak Thank you for your response. We are looking for a comprehensive, Windows based agency management system which will work on a 6 workstation network.  The system will be used to manage a customer database including policy information, inquiries, customer history, Acord forms, integrated rating as well as general ledger functions (billing, management reporting ect.).  The system will need to be compatible i.e. be able to import/export information into software packages such as MicroSoft Office 4.3 and have desktop fax capabilities. We will be using Pentium workstations and a Pentium server.  In addition, we plan to download and upload information to our insurance companies.  A plus would be integrated marketing capabilities. Rick DiGiacomo My original message: I am new to this newsgroup, and I am in the process of selecting an Agency Management system.  I have narrowed my selection down to Agena for Windows, AMS PathFinder, And Applied System’s TAM (their Windows product).  I would appreciate any insights on these systems from current/past users. Rick DiGiacomo

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