Jun 12

How Accounting Software Can Benefit Your Business

Submitted by: Mariela Perez-Simons

Accounting software provides many benefits to both small and large businesses. It not only helps a business in the way IT executes, manages and tracks its important financial transactions, but also helps gauge the business s performance.

Financial and accounting activities form the core of all business organizations. An accounting software package is designed to streamline and speed up financing and accounting tasks and procedures all across the organization. Good accounting software delivers several measurable benefits to businesses of all types.


In today s financial environment, there are stringent guidelines for financial reporting. The accuracy of financial data is of utmost importance. Accounting software will automate your transactions, which helps eliminate a chance for error caused due to manual data-entry mistakes. Consequently, it helps to improve data/information consistency and integrity.


Accounting software automates the whole financial and accounting processes thus freeing up staff to focus on the other more important and strategic activities. The need for labor and paper intensive workload is done away with.

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Enhances Teamwork

The finance departments are the core of any organization or business. They are often interacting with other departments, business units, suppliers, vendors, clients, third-party payroll processors, and business partners.

Accounting software integrates all the units in a business. It also provides for quick, dynamic, and effective information sharing among various units across the organization and also with the external constituents. It thus facilitates communication and collaboration across and outside an organization or business.

Enhanced Revenue

Good accounting software provides the financial management team with a complete view of the true financial status and performance of the company. This access to a complete financial picture facilitates improvement in financial planning, budgeting, and decision-making. This in turn leads to greater revenues and increased profit.


All businesses have to adhere to Sarbanes Oxley, BASEL II and other related laws. Financial and accounting teams in various businesses are constantly coming up with new ways in order to minimize the risk of non-compliance. An accounting software data greatly helps in this respect.

Accounting software improves the performance of reporting and analysis, the tracking of transactions, auditing, and data management. All of these activities directly impact adherence to various regulatory standards. This means that with the help of an accounting software a company can achieve faster and more effective compliance.

Furthermore, accounting software also provides businesses with the flexibility they need to adapt new activities and adjust procedures and workflow as, and when, the guidelines change.

New Opportunities

An accounting system offers in-depth ad hoc reporting and analysis of various financial parameters. Businesses can use this financial data to understand the critical trends and patterns that have a positive or negative impact on business performance.

This in-depth analysis can help management identify new opportunities that in turn can help a company maximize its profits.

Accounting software is an important link in the success of a business. It helps a business achieve many of the key performance indicators. It helps business maintain and improve its competitiveness. Accounting software is something that a business can ill afford to neglect.

About the Author: Mariela Perez-Simons provides

SEO (search engine optimization), Internet marketing, website design, and website translations in the Greensboro / High Point / Winston Salem area.

We recommend

Merchant’s Mirror, a Web-based accounting software

, the next evolution in accounting for many businesses. It breaks the mold of traditional accounting systems and challenges what we usually think of when we refer to bookkeeping software.



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Jun 12

Blown for Good author discusses life inside international headquarters of Scientology

Friday, November 13, 2009

Wikinews interviewed author Marc Headley about his new book Blown for Good, and asked him about life inside the international headquarters of Scientology known as “Gold Base“, located in Gilman Hot Springs near Hemet, California. Headley joined the organization at age seven when his mother became a member, and worked at Scientology’s international management headquarters for several years before leaving in 2005.

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Jun 12

Internet group Anonymous hacks No Cussing Club’s website, owner’s e-mail account

Friday, January 23, 2009

Wikinews has learned that the internet group known only as “Anonymous” has hacked the website of the No Cussing Club (NCC), nocussing.com, for at least two days in a row. On day one, the group hacked into the website, replacing the content with links to images of alleged e-mail conversations. The e-mails appear to be from the founder’s e-mail account, accusing organization members of forgery and using the site for their own personal financial gains. The website was also replaced with Anonymous’s logo and a message. On January 22, they again attacked the website, by means of a Distributed Denial-of-service attack (DDoS), bringing it offline periodically throughout the day. Anonymous attacked the Scientology website in 2008 with a DDoS attack, taking it off-line for at least two days.

“It has come to our attention that the creators of the no cussing club, McKay and Brent Hatch have done so at great personal gain. Their material promotes the organization as the brainchild of their 14-year-old son, when actually the material is written by his parents, who also manage his profitable career while using his speaking events to plug their own material,” said Anonymous on the hacked website. On Encyclopedia Dramatica, a satire Wiki, they claim further responsibility for the hack and exposition saying they managed to break into McKay and Brent Hatch’s email accounts. “[the accounts got] haxx0rd and via this astonishing development passwords were got and a certain website got its shit ruined.”

According to the NCC’s website, it has 20,000 members worldwide, was founded in 2007 by McKay Hatch, a 14-year-old boy, and aims at discouraging swearing in public places such as schools. In 2008, McKay even succeeded in making cussing illegal in his hometown of South Pasadena, California and has appeared on various talk shows such as that of Doctor Phil. However, according to e-mails leaked to Wikinews, allegedly written by the boy’s father Brent, a motivational speaker also owning Dawson Publishing, the parents are allegedly using the site and their son’s material for their own personal financial gain. Anonymous also claims that the parents have forged some of their son’s writings and claim it to be his.

The e-mails allege that Brent along with his publishing company, the name which “nocussing.com” is also registered under, were trying to set up assemblies in the No Cussing Club’s name at schools across the United States for US$1,500.00 per show and would then pocket the money, doing the same for postcards they created for churches and schools.

“McKay spoke last night to a group of 40 people, and at the end of his presentation, there wasn’t a dry eye in the crowd. I know this is going to work because the message is so important. Thanks for all you do and I hope we can work together for a long time, and of course make money in the process,” said Brent in an alleged e-mail conversation on November 25, 2008. Earlier in August 2008, Brent spoke about hoping to reach a “goal” of “2.5 million dollars” by selling thousands of postcards to “schools and churches”.

On January 19, 2009, ABC News.com reported that McKay claimed Anonymous was sending him and his family hate e-mail and death threats, nearly 50,000 per day, “almost all of them filled with obscenities” and spam. On the NCC’s website, McKay calls himself the “most cyberbullied kid on the planet” because of Anonymous’s attacks.

“A lot of people were saying I was taking away their freedom of speech,” said McKay to ABC News on January 16. “All I was trying to do was raise awareness.” He says he formed the club because his schoolmates were sick of hearing people swear in public. Wikinews contacted the NCC to confirm or deny the reports, but would only say that “the FBI is [working] on it [the case]” including “our attorney and we will press charges” against those who are responsible for the crimes.

Anonymous is known to prank and hack websites and e-mail accounts. In September 2008, the group hacked into BillOreilly.com, the official website of Fox News Channel commentator Bill O’Reilly, exposing personal information of the site’s users in a document posted on the internet.

The NCC is located in South Pasadena. According to the California Penal Code §502 part C of the computer hacking laws, depending on the offense if caught, punishments could be a “fine not exceeding ten thousand dollars ($10,000), or by imprisonment in the state prison for 16 months, or two or three years, or by both that fine and imprisonment, or by a fine not exceeding five thousand dollars ($5,000), or by imprisonment in a county jail not exceeding one year, or by both that fine and imprisonment”.

On October 20, 2008, Dmitriy Guzner, aged 18 from New Jersey, admitted to the charges related to carrying out the DDoS attack on Scientology’s website. He was subsequently charged with computer hacking crimes and faces a maximum sentence of ten years imprisonment.

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Internet group Anonymous hacks No Cussing Club’s website, owner’s e-mail account
Jun 12

Nokia appoints Microsoft Business Division Head as chief executive

Sunday, September 12, 2010

The Finnish communications corporation Nokia announced that its Head will change on September 21. The previous chief executive Olli-Pekka Kallasvuo will continue to chair in non-executive capacity. The head of Microsoft Business division Stephen Elop will take the position. It is the first time a non-Finn becomes Nokia president and chief executive.

The change follows Nokia’s fall in world markets. It includes a decrease in Nokia’s American market share to less than ten percent after failed negotiations with a number of leading American phone providers. An analyst at a market analyst company Canalys Pete Cunningham said, “Despite holding 38 percent market share of the smartphone market, Nokia’s failure to compete with the iPhone and high-tier Android devices, combined with its lack of progress in gaining significant traction in the United States, has led to press and investor dissatisfaction.”

Some commenters suggested that Nokia chose Mr. Elop partly because he is a Canadian, following criticism of American candidates by the Finnish press. However a Nokia spokesman rejected this, saying, “Nationality was not a selection criteria.”

Stephen Elop was president and CEO of the graphics and web-development software house Macromedia prior to its acquisition by Adobe in 2005. He then joined Microsoft as President of Microsoft’s Business Division in January, 2008. Commenting on his new role he said, “Nokia has a unique global position as well as a great brand upon which we can build. The Nokia slogan clearly states our key mission: Connecting People, which will acquire new dimensions as we build our portfolio of products, solutions and services.”

In the announcement the Chairman of the Nokia Board of Directors Jorma Ollila stressed an expected shift of focus from hardware to software. “His [Stephen Elop’s] strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company. We believe that Stephen will be able to drive both innovation and efficient execution of the company strategy in order to deliver increased value to our shareholders”.

Nokia stated in an official blog post, “Nokia is transitioning from a hardware manufacturer of mobile devices to a software and solutions business. …Stephen’s background in the software industry is one of his key strengths.”

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Jun 04

Finding An Excellent Ford Car Parts Online}

Finding an Excellent Ford Car Parts Online


Pamela G. Grizzle

Ford has been manufacturing automobiles for over 100 years. That means that there are literally thousands and thousands of different makes and models and hundreds of thousands of Ford car parts made. Eventually, no matter how well made, components of your vehicle will break down. If you are looking to get quality replacement Ford car parts then this article is here to help.

Researching and Finding Your Ford Car Parts

A quick online search for Ford car parts reveals a multitude of different websites that offer parts for you. Choosing which site to use can be difficult however. The first thing you want to make sure of is that the website is selling genuine Ford parts and not knock off copies. The genuine article is what your car was designed with and as such will perform up to standard. Make sure that the part is approved by Ford Motor Company.

In addition to that there are many sites that offer parts from different manufacturers for all makes and models. Personally I would avoid those sites and look for a Ford car parts specialty store. These sites will generally have better inventory and sometimes a better price as well.

While having both inventory and a competitive price is important, the other thing that a Ford car parts specialty site can offer is their expertise. You can purchase a part with confidence if you actually talk to some one and they help guide you to the correct part. It is definitely in the sites best interest that you get the right part and are satisfied with it.

You can also find many used parts online although I would use extreme caution in those cases. Many times used parts will be of inferior quality and sometimes can be stolen. Although this is very rare it does happen. You do not want to risk compromising your vehicle with stolen parts so I would suggest only buying new.

If you are looking to buy used you can probably do much better at a junkyard or used specialty dealer. These places you can physically examine the part before you purchase so that you can get it with confidence.

Hopefully you have a better idea of how and where to get your auto parts. While it can be somewhat confusing it is in your best interest to spend some time doing research before getting something. Good luck and hopefully your car project goes well.

If you love this article, you will also love another article written by this article’s author on

motorcycle radar detector


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Jun 04

New legislation may effectively ban iPod use in parts of New York state

Friday, February 9, 2007

New legislation introduced in the New York State Senate today would effectively ban the use of all electronic devices on the streets of New York City and Buffalo.

Senator Carl Kruger (D-Brooklyn) has plans to introduce the bill to the State Senate floor. The legislation would ban the use of any electronic device while crossing a street. The impetus for the legislation is the recent deaths of three people in Brooklyn and Manhattan, all of which were attributed to the distraction caused by the use of electronic devices.

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New legislation may effectively ban iPod use in parts of New York state
Jun 04

Japanese researchers create smell sensor using genetically engineered frog eggs

Sunday, August 29, 2010

A University of Tokyo group of researchers, led by bioengineer Shoji Takeuchi, has made an electronic sensor capable of smelling gases. The sensor uses genetically engineered frog cells. Since previous sensors were not very accurate, the scientist decided to try a biological approach. The invention was revealed in a US scientific journal yesterday, and is supposed to be used to design better machines to detect polluting gases in the atmosphere.

Previous smell sensors were based on quartz rods, which vibrate when a substance binds to them. The gases are distinguished by their molar masses, which can be similar for molecules with different structure, thus relatively often triggering a false positive. Trying to find a more accurate solution, Takeuchi decided to follow an example from insect world. As he explained, “when you think about the mosquito, it is able to find people because of carbon dioxide from the human. So the mosquito has CO2 receptors. When we can (extract) DNA (from the mosquito) we can put this DNA into the frog eggs to detect CO2.”

Genes of several insects (the silk moth, diamondback moth and fruit fly), injected into African clawed frog Xenopus laevis eggs, allowed them to produce relatively inexpensive and useful sensors. The choice of the species was caused by their widely studied and well-understood protein expression mechanism.

The modified cells responded to three kinds of pheromones and one odourant, which have similar chemical properties. When a molecule of an odorous substance adhered to the receptor on the membrane protein, ion channels opened for a certain period of time, and a current was generated. Its magnitude was clearly different for all four tested substances, allowing to distinguish between them accurately.

The colleagues embedded the sensor into a mannequin, so that it could shake its head when a gas was detected. It was easier to observe. Pheromones and molecules with quite similar molecule structure produced clearly distinguishable reaction, with higher accuracy than other biological or human-made sensors. As the research group said, the detection sensitivity of the odor sensor is several tens of parts per billion (ppb), and it is as high as the sensitivity of an existing odor sensor that uses an oxide semiconductor. The distinctive feature of the new sensor is its capability to selectively detect some odorous substances, rather than its sensitivity. Very few false positives were possible due to the biological mechanism involved.

At normal temperature, the sensor lifetime is about 12 hours, which can be extended by putting it into a refrigerator before first use.

Shoji Takeuchi says has a great hope for research use in future, since the frog eggs are very practical for genetic engineering, and can be conveniently used to develop smell sensors for a wide range of gases. He said, “The X. laevis oocyte has high versatility for the development of chemical sensors for various odorants. We believe that a shared ability to smell might open a new relationship between man and robot. .. The research will have wide implications… If the sensor is embedded in a nursing robot, it will be able to identify certain mouth odors or body odors. Also, it can be used for detecting CO2, air pollution, water pollution and food. It’s very important for the environment.”

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Jun 03

Judge orders residents and city to come to agreement on partially collapsed building in Buffalo, New York

Thursday, June 19, 2008

Buffalo, New York — Judge Justice Christopher Burns of the New York State Supreme Court has ordered a halt to an emergency demolition on a 19th century stable and livery on 428-430 Jersey Street in Buffalo, New York that partially collapsed on Wednesday June 11, initially causing at least 15 homes to be evacuated. At least two homes remain evacuated.

Burns orders that both the city and the group Save The Livery (www.savethelivery.com) have to come to an agreement on what to do with the building, and try to work out ways of saving at least some portions if it including the facade, side walls and a lift tower. Save The Livery is comprised of concerned area residents who have grown to love the building’s historic and unique character. On June 14, they won a temporary restraining order to stop demolition. The court ruled that the city was only allowed to remove material in immediate danger to residents and pedestrians, but stated that the demolition could only be performed with “hand tools.” The court also ordered that any rubble which had fallen into neighboring yards when the building collapsed, to be removed.

“It is in the interest of the city to have a safe environment–but also important to maintain a sense of historical preservation,” stated Burns in his ruling. Burns has given the sides until tomorrow (Friday June 20) to come to an agreement and has ordered both parties to return to court at 9:30 a.m. (eastern time) “sharp.” Activists of Save The Livery urge supporters of the stable to “fill the courtroom” to show “continued and ongoing support.” The hearing is scheduled to take place at 25 Delaware Avenue in the Supreme Court building, 3rd Floor, trial part 19.

Currently the building is owned by Bob Freudenheim who has several building violations against him because of the buildings poor condition. He has received at least five violations in three months and residents who live near the building state that Freudenheim should be “100% responsible” for his actions. Many are afraid that if the building is demolished, Freudenheim’s charges of neglect will be abolished.

On June 17, developer and CEO of Savarino Companies, Sam Savarino was at the site of the stable, discussing the building with residents and preservationists. In 2006, Savarino proposed and planned The Elmwood Village Hotel, a ‘botique’ hotel on the Southeast corner of Elmwood and Forest Avenues. The project was later withdrawn after residents filed a lawsuit against Savarino and the city. Wikinews extensively covered the story, and contacted Savarino for his professional opinion on the building.

“[I would] love to see it preserved. I was there to see if there was anything we could do to help, to see if anything can be salvaged. I just want to see the right thing happen, and so does the city,” stated Savarino to Wikinews who added that he was allowed inside the building for a brief period.

“The side walls are beyond repair. The roof has rotted and it could come down at any time,” added Savarino who also said that the building “below the second floor appears to be stable.” He also states that the back wall of the building, which borders several homes, appears to be intact.

“Eliminating the back wall could be a problem for the neighbors. It is not unreasonable to leave at least 12 feet” of the back wall standing, added Savarino.

Savarino did not say if he was interested in buying the property, but did state, “I am sure there are a couple of people interested” in buying the property. On Thursday, Buffalo News reported that a “businessman” might be interested in purchasing the property, though Wikinews is not able to independently confirm the report. Savarino says that with the property still slated for emergency demolition, a potential buyer could face tax fees of nearly US$300,000.

Freudenheim gave the city permission to demolish the building on Thursday June 12 during an emergency Preservation Board meeting, because he would not be “rehabilitating the building anytime soon.” Freudenheim, along with his wife Nina, were part-owners of the Hotel Lenox at 140 North Street in Buffalo and were advocates to stop the Elmwood Village Hotel. They also financially supported a lawsuit in an attempt to stop the hotel from being built. Though it is not known exactly how long Freudenheim has owned the stable, Wikinews has learned that he was the owner while fighting to stop the hotel from being built. Residents say that he has been the owner for at least 22 years.

The building was first owned by a company called White Bros. and was used as a stable for a farm which once covered the land around the building for several blocks. The Buffalo Fire Department believes the building was built around 1814, while the city property database states it was built in 1870. Servants and workers of the farm were housed inside resident quarters situated at the rear of the building on what is now Summer Street, but are now cottages where area residents currently reside. Some date as far back as 1829.

At about 1950, the stable was converted into an automobile body shop and gasoline station.A property record search showed that in 1950 at least four fuel storage tanks were installed on the property. Two are listed as 550 square feet while the other two are 2,000 square feet. All of the tanks are designated as a TK4, which New York State says is used for “below ground horizontal bulk fuel storage.” The cost of installing a tank of that nature according to the state, at that time, included the tank itself, “excavation and backfill,” but did not include “the piping, ballast, or hold-down slab orring.” It is not known if the tanks are still on the property, but residents are concerned the city was not taking the precautions to find out.

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Judge orders residents and city to come to agreement on partially collapsed building in Buffalo, New York
May 31

A Guide To Selling Your Yacht}

Submitted by: Ian Morris

There are three key fundamental elements to selling your yacht; enlist the services of a yacht broker, present your yacht in good condition and set the price at market value.


First impressions are very important and buyers expect to see a well maintained vessel both inside and out. A badly presented boat will significantly diminish in value. Work on the exterior of your craft to get it looking clean and appealing to buyers. Have her looking like new with a wax and a polish tending to any poor varnish work.

Just as you would if you were selling a house, have a good de-clutter of the interior and remove any personal belongings making sure everything is clean and tidy. Check that the bilges are dry and fresh to avoid a damp and musty smell that may be off-putting to buyers. Get the hull as clean as you can get it paying attention to detail, and hire professionals if necessary.

Engine and Mechanics

Before you bring buyers on board make sure the yacht is in satisfactory working order. Keep sufficient fuel to ensure services operate and be prepared for prospective buyers to test everything on board. Make sure the lights, radio, autopilot, toilets, water systems and other amenities are all in good working order as any defects could encourage buyers to make a lower offer. If the bilges are dirty, clean them as an oil spill can give the impression of an oil leak. Keep the engine room clean and organize a service, if the last one was a while ago. Above all else ensure everything is presentable and in working condition.


To avoid setting the wrong price for your yacht, a common mistake made by many unaided vendors, always do your market research. An unrealistic price that does not reflect your yachts true value is likely to discourage potential buyers. Do not be temped to set a high price with a view to lowering the price through negotiations. There is plenty of choice on the market for used boats and if you price too high this could result in your yacht being passed up in favour of a more reasonably priced vessel or worst still your yacht could remain unsold for months on end, whilst still costing you money. The age of the yacht, condition and accessories all need to be taken into account when comparing other similar yachts for sale. The initial asking price must be checked regularly which is why its best to seek the advice of a yacht broker to get an honest appraisal of the current market value of your yacht. Even the most well presented vessel will not sell quickly if the price is not right.


The more paperwork you can provide the better. Assemble all the manuals and service history you have for your craft and store them in a safe place. Make copies for the broker and keep manuals onboard for prospective buyers. Appropriate paperwork should include a Declaration of Conformity (if built after 16th June, 1998), and the original sales invoice which will show that VAT has been paid.

There is also advertising/marketing of the vessel and a pre-sale survey to consider. The process of selling your yacht should not be rushed into and as a seller you will undoubtedly benefit from the expertise and skill of a yacht brokers selling service who will work to ensure you a successful sale.

About the Author: For more information on

selling a yacht

and yacht selling advice please visit

Inwards Marine

at http://www.inwardsmarine.com. Based in Europe Inwards Marine have offices in London, Monaco, Southampton and Genoa.



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May 31

Congressman Cunningham admits taking bribes

Monday, November 28, 2005

U.S. Representative Randy “Duke” Cunningham (RCA) pled guilty today to conspiring to take bribes in exchange for using his influence as a member of the House Appropriations Committee to help a defense contractor get business. In total he pled guilty to one count of income tax evasion and four counts of conspiracy, namely mail fraud, wire fraud, bribery of public official and accepting bribes. U.S. District judge Larry A. Burns scheduled Cunnigham to be sentenced on February 27. He is facing up to 10 years in prison and nearly $500,000 in fines, as well as forfeiture of unspecified amounts of cash and property.

In the court hearing, Cunningham admitted to accepting “bribes in exchange for performance of official duties” between “the year 2000 and June of 2005”, taking “both cash payments and payments in kind” and following up by “trying to influence the Defense Department”.

The federal investigation against Cunningham was triggered by his sale of his California residence to defense contractor Mitchell Wade in late 2003. However, Wade never moved in and sold the house at a $700,000 loss three quarters of a year later. At the same time Wade’s company MZM won tens of millions of dollars in defense contracts. Subsequent investigations discovered more questionable business transactions, including interactions with the defense contractor ADCS. In his plea agreement he testified that, among other charges, he “demanded, sought and received at least $2.4 million in illicit payments and benefits from his co-conspirators in various forms, including cash, checks, meals, travel, lodging, furnishings, antiques, rugs, yacht club fees, boat repairs and improvements, moving expenses, cars and boats.”

Cunningham announced his resignation after the hearing. In a written statement released by his law firm O’Melveny & Myers LLP he declared “The truth is — I broke the law, concealed my conduct, and disgraced my high office. I know that I will forfeit my freedom, my reputation, my worldly possessions, and most importantly, the trust of my friends and family.”

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Congressman Cunningham admits taking bribes