I love to tour factories and see the processes used to
manufacture and ship products. I suspect that many of you enjoy
this aspect, too, when you're out at client sites. It's mind-boggling when you consider how much manufacturing has changed
in the last 100 years.
While touring Miller Brewing and Jelly Belly around Milwaukee
recently, I heard of a news report that declared Milwaukee the
#1 city in America for clipping coupons. Where I live in
Columbus, Ohio, we proudly come in at #7. I'm hanging my hat on
this big time, let me tell ya!
The full report
So, the next time you're touring a factory or distribution
center, enjoy it. And the next time you're forking over a stack
of coupons to the grocery clerk, relish the fact that you're
saving money. Over and out!
Director - Compliance / Insurance
New York or Phoenix, New York
Group Controller / CFO
Butler Automotive Group
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Questions & Advice
Small Business Zone
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Linda Cavanaugh, CPA:
FAS 161 - Disclosures about Derivative Instruments and Hedging Activities, an amendment to FAS 133
FAS 161 is effective for fiscal years beginning after November
15, 2008 and early adoption is encouraged. Prior year
disclosures are not required at initial adoption (i.e. only
one year in 2009, two years in 2010 and three years in 2011 and
thereafter). For a calendar year company, the first quarter
2009 10Q would need to include the new disclosures....
Which Came First? Common Stock or Employee Stock Option Valuation
It's another one of those chicken or the egg questions. Which
came first: the grant date value of the employee stock options
or the fair market value of the common stock? As we all know,
the fair market value of the underlying common stock is an
input in any stock option formula....
Nutritional Facts On The Go
Have you ever been eating out and wondered about the nutrition
facts of the meal you were about to order? Well wonder no more.
Just send a text message to DIET1 (34381) and type the name of
the restaurant and name of the meal you are about to order.
Within seconds you will receive a reply that will tell you the
number of calories, fat grams, carbs, and protein in the meal.
Use this with caution, however. Sometimes, ignorance is bliss....
The Internal Revenue Service has released for public comment
draft revisions to Form 1065, U.S. Return of Partnership
Income, Form 1120, U.S. Corporation Income Tax Return, and
certain related schedules. Included in the release are new
Schedule B for Form 1120 and Schedule C for Form 1065. These
forms will be for use for tax years ending on or after Dec. 31, 2008.
SEC offers recommendations to improve financial reporting
IRS to release instructions for new Form 990
New regulations 'electrify' Form 5500 filers
"You might make a better salesperson than accountant." That was
the advice Barry Schimel got early in his accounting career,
back in the 60s. Not because he wasn't a good accountant, but
because in addition to his abilities with numbers, he had
significant people skills. Over time, those skills combined
with his genuine concern for the well-being of his clients,
would lead him down a somewhat different path within the
KPMG sponsorship brings baseball to inner city children in Los Angeles
Arizona firm ranked as Great Place to Work
If you're sending your son or daughter off to college, you're
probably warning them about the dangers of alcohol, drugs, or
other habits that might hurt them in the future. The Illinois
CPA Society suggests talking about money, too. Here are four
tips to help them avoid a bad financial start in life.
QuickBooks students get free software trial
Freshman Finance 101: Money management skills for college students
A reader would like to know if real estate obtained through an
insurance claim settlement should be listed as owned property
on Schedule A?. Share your opinion! Respond Now
How should a company account for an insurance claim check
received for a stolen laptop? Add your input! Respond Now