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Accounting Solver

Archive for January 2008

January 31st, 2008

CONTROLLERSHIP BEYOND ACCOUNTING

Anne of The Golden Pencil and Rachel of Behind the Buzz , one of the pairings in the current b5 media posting challenge, ODD BLOG COUPLE, wrote on the question:
Should the government monitor content on the internet as closely as it does content for television and radio?
(http://www.thegoldenpencil.com/2008/01/27/should-the-government-monitor-net-content-an-odd-couple-posting/ […]

By ren -- 0 comments

January 30th, 2008

ACCOUNTING FOR THE YOUTH VOTE 2

Exit poll statistics (from cnn.com) on the past two presidential elections:

In the 2000 elections, 39% of voters were card-carrying Democrats, 35% were Republicans. Of the 39% Democrat voters, 86% voted Democrat (thus, 14% crossed the party line and voted Republican). Of the 35% Republican voters, 91% voted Republican (thus, 9% crossed the party […]

By ren -- 0 comments

January 29th, 2008

ACCOUNTING FOR THE YOUTH VOTE 1

Miki Saxon at Leadership Turn asks the question: does youth have follow-through (http://www.leadershipturn.com/can-youth-lead/), while Eric Eggertson at Common Sense PR lists seven tasks that a candidate has to accomplish to capture the youth vote (http://www.commonsensepr.com/2008/01/21/obamas-goal-getting-out-the-youth-vote/).
Chiming in, I remember one political analyst (I don’t remember who, when, or where) said that, in almost all US […]

By ren -- 0 comments

January 28th, 2008

ACCOUNTING FOR SUCCESS IN REJECTION: Renaldo Lapuz

In a recent episode of AMERICAN IDOL, a Filipino American –Renaldo Lapuz– got rejected and gained instant global fame.
AI judges, Paula Abdul and Randy Jackson, for 15 minutes on the show, danced to the song of Renaldo Lapuz –We’re Brothers Forever– as he was turned down for the AI Hollywood Round. […]

By ren -- 1 comment

January 26th, 2008

SMALL BUSINESSES: How to determine Working Capital that will work 2

If you do not put up enough money for Working Capital, you will be forced to incur debt or inordinately prolong accounts payable so that you get into trouble with your suppliers. Not having adequate Working Capital will place your business in an unsustainable cycle of debt.
After you have determined the amount you need […]

By ren -- 1 comment

January 25th, 2008

SMALL BUSINESSES: How to determine Working Capital that will work 1

After you have determined that you have a marketable product or service and there is an accessible market sufficient to meet your profit objectives, you want to know how much money you need to put up for the business (Equity). Oftentimes, the focus is on the fixed assets; e.g., office improvement, production & office […]

By ren -- 1 comment

January 24th, 2008

ACCOUNTING FOR THE CAPACITY OF SOCIAL SECURITY TO MEET PAYMENTS

Recent posts of
Mary Emma

(http://www.homebiznotes.com/social-security-the-home-business-ownerwhat-should-we-do/ and http://www.homebiznotes.com/social-security-follow-up/)
and Bob

(http://www.projectmanagement411.com/counting-on-social-security-your-next-project-better-be-your-retirement-plan/
addressed the issue:
“At current rates, Social Security payouts will exceed payments made into the system within the next ten years. What should we do about Social Security?”
The ensuing debate / comments centered on the concept of social security itself, whether it still serves its original purpose, or be scrapped […]

By ren -- 4 comments

January 23rd, 2008

NFL STARS & PERSONAL FINANCE

As the Super Bowl kicks off and the spotlight is on NFL stars, I would like to look beyond the football field and give some unsolicited advice to NFL stars with regard to their personal finances.

The prime earning period of NFL stars (as well as other personages in entertainment) is usually short, besides being uncertain. […]

By ren -- 1 comment

January 22nd, 2008

TAX AVOIDANCE, TAX EVASION, and TAX PLANNING

Tax avoidance is an ex ante (before the fact) situation. It is legal and is good business practice. You need a good Tax Lawyer (there’s one at Tax Girl) and an experienced accountant. Both can do tax planning for you or your business, e.g., income recognition & reporting, applicable tax rates, allowable […]

By ren -- 0 comments

January 21st, 2008

ACCOUNTING FOR A FREE MARKET & THE WGA WRITERS STRIKE

Anne Wayman at The Golden Pencil started a discussion on the WGA Strike which attracted a lot of discussions and comments (http://www.thegoldenpencil.com/2008/01/16/writers-strike-and-the-myth-of-the-free-market/).
One of the central issues was the existence or non-existence of a free market.

A free market works efficiently & effectively if two conditions are present in the market:
1 if the operators […]

By ren -- 2 comments