A&A news January 2007

A&A

A Conversation With Barry Goldwater: The Root of the Problem

This is a quote I picked up from a CPA written article; “We don’t help our clients or prospects when we wait for them to come to us with problems. Often they don't seek help because every time they talk to us we are so busy.
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A&A

Survey: High Energy Costs Impact Margins

Managers at production and manufacturing companies responded on the impact of high, volatile energy costs in Industry Direction's second annual study, The Energy Cost Factor: Transforming the Supply Chain to Offset Margin Squeeze. Responses from 139 respondents from a wide range of industrial companies were recorded."This year's findings are significant because they demonstrate that companies are not simply bearing the brunt of high energy costs in the most obvious areas of the supply chain,'" said William Brandel, Principal at Industry Directions.
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A&A

Brand Value Important to Small, Mid-Sized Businesses

Even for business to business companies, brand value is usually the largest component in a company's market value. As reported annually in Business Week, the value of the Coca-Cola brand is 58.9 percent of the market capitalization of the entire company and the IBM brand is 39.1 percent of the market cap. Still, for the most part, in today's capital markets the value of brands is greatly underestimated. These facts are not only important to large corporations and famous brands. In fact, the same proportions apply to small and medium-sized companies (SMB), both public and private.
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A&A

Use Safe Harbors to Navigate Manufacturing Deductions

From The Tax Strategist, http://thetaxstrategist.netAt this point in the year, you’ve probably figured out which business clients qualify for the Section 199 “manufacturing deduction.” But a tax law enacted last year changed the way the annual limit is imposed on business entities.Visit www.microsoft.com/forecaster for more information.
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A&A

The Future Looks Bright to Western Small Businesses but Not to Southern Firms

A recent national study reported on the opinions of small business managers and owners on how national and international issues could impact their businesses in the coming year and the results showed marked differences in separate regions of the country.Advertisement
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A&A

Small Companies Lead Pack of Restatements

Smaller companies more often restated their financial results through the third quarter of 2006 than the largest companies, a financial research firm has found.Glass, Lewis & Company, which tracks the number of restatements by U.S. companies, said companies with market capitalizations of less than $75 million filed the most restatements in the first nine months of 2006, compared with the same period in 2005.
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Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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