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What I learned today:

The Sarbanes-Oxley Act of 2002, known as SOX, has caused some major changes in the way public companies must do their accounting. This act imposes strict regulations on companies in the wake of Enron and other accounting catastrophes of recent years. Audits are now much more time consuming and expensive. Many businesses have been “fired” by their Big Four accountants (Deloitte, Ernst & Young, KPMG and Price Waterhouse Cooper) since there is so much more work available. These displaced businesses are now forced to find accountants elsewhere and have turned to smaller (and less expensive) auditors.

Exciting stuff, huh? Maybe not, but what it means is that accountants are more in demand now than ever. If you (or someone you know) is looking for a career, maybe they should consider going into accounting.

Source – INC Magazine, August 2005 Page 19

I also found XPize today, which makes Windows XP look a lot like Windows Media Center–a nice change. I found Crimson Editor also for Windows–it’s a free text editor with tabs, file browsing, projects and syntax highlighting. I really it like so far. I came across Temptation, software that tries to prevent you from web-browsing when you should be working. Finally, StrongSpace, basically a glorified SFTP server with a web GUI, by TextDrive opened today and looks really nice. It’s nice to see another real-world implementation of Ruby on Rails (which I’m learning).

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