Publisher's Note
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!
Rob Nance
Publisher
AccountingWEB, Inc.
publisher@accountingweb.com
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Linda Cavanaugh, CPA:
Plugged In
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....
Gary Levine:
Capitalization Matters
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,
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Tech Better
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.
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Use this with caution, however. Sometimes, ignorance is bliss....
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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.
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