Everyone is watching the economic affect of all the latest changes in the financial & investments markets. The latest bailout of AIG is one of a number of situations of which the effects are unknown.
MSCPA's Business Intelligence Briefs give you day-to-day updates on the economy and the latest news--as well as indepth analysis from the authors--Dr. Chris Kuehl and Keith Prather, both managing directors for the Armada Corporate Intelligence.
You may have seen – or heard – Dr. Kuehl on Kansas City radio or television. He’s a frequent commentator and analyst for both KMBZ radio and Channel 41. He was a professor of international finance and economics for 15 years, teaching in Estonia, Russia, Singapore, Taiwan, Hungary, and the United States.
Keith Prather has served as an active part of senior level strategic planning teams for Fortune 250 clients and has been actively involved in mergers and acquisitions, including pre- and post-merger strategic planning processes. He has extensive global experience and has coordinated an executive level education program in Taiwan.
Armada Corporate Intelligence conducts detailed analysis and assessment of the business environment and competitive landscape in order to provide strategic and tactical guidance. The aim is to provide actionable intelligence that can drive overall corporate profit maximization, return on investment, market expansion and penetration, niche defenses, and so on.
Click here to see today's issue of the MSCPA Business Intelligence Brief:
http://www.mocpa.org/content/files/pdfs/bib091808.pdf
To read more about the Business Intelligence Brief, go to:
http://www.mocpa.org/Content/22593.aspx
Thursday, September 18, 2008
Tuesday, September 9, 2008
Missouri Foreclosure Rates
The company that reports on real estate trends, RealtyTrac, reports Missouri is 18th on the list of states with the most foreclosed properties, but one expert said residents shouldn't really be concerned.
Kansas City and St. Louis are 45 and 46 respectively on RealtyTrac's top 100 cities with foreclosed properties.
http://www.missourinet.com/gestalt/go.cfm?objectid=6BBA8C07-FB35-0469-D6EC9C411F30A76C
Kansas City and St. Louis are 45 and 46 respectively on RealtyTrac's top 100 cities with foreclosed properties.
http://www.missourinet.com/gestalt/go.cfm?objectid=6BBA8C07-FB35-0469-D6EC9C411F30A76C
Wednesday, September 3, 2008
MSCPA is almost 100 years old!
The Missouri Society of CPAs celebrates its centennial during the 2009 calendar year.
To commemorate this significant occasion, CPAs throughout Missouri will gather together for celebratory events and reflect on our profession and association’s history.
An enhanced Annual Members Convention in June 2009, along with a once-only Membership Retreat in Key West, Florida in November 2009 serve as the major events!
The July 2009 issue of the ASSET will be completely dedicated to the MSCPA Centennial celebration. Content will include reflections on the past, lessons learned from leaders, and ways the profession has evolved over the years.
Members will have the opportunity to pen a short congratulatory note to be designed and published by MSCPA to appear in the ASSET in the commemorative issue or provide an ad that is either congratulatory in nature or about the advertiser’s own company history.
Firms/companies will also be given the opportunity to sponsor events and have their company stand out from the crowd among their fellow CPAs during the highest profile, most important MSCPA events of the century!
Already, MSCPA has received $10,000 in centennial sponsorships thanks to Rick Mills and Mayer Hoffman McCann/CBIZ.
The official MSCPA centennial website has already been launched--check it out at www.mocpa100.org.
To commemorate this significant occasion, CPAs throughout Missouri will gather together for celebratory events and reflect on our profession and association’s history.
An enhanced Annual Members Convention in June 2009, along with a once-only Membership Retreat in Key West, Florida in November 2009 serve as the major events!
The July 2009 issue of the ASSET will be completely dedicated to the MSCPA Centennial celebration. Content will include reflections on the past, lessons learned from leaders, and ways the profession has evolved over the years.
Members will have the opportunity to pen a short congratulatory note to be designed and published by MSCPA to appear in the ASSET in the commemorative issue or provide an ad that is either congratulatory in nature or about the advertiser’s own company history.
Firms/companies will also be given the opportunity to sponsor events and have their company stand out from the crowd among their fellow CPAs during the highest profile, most important MSCPA events of the century!
Already, MSCPA has received $10,000 in centennial sponsorships thanks to Rick Mills and Mayer Hoffman McCann/CBIZ.
The official MSCPA centennial website has already been launched--check it out at www.mocpa100.org.
Wednesday, August 27, 2008
Tech Knowledge Gains in Importance for Top Finance Executives
Finance and technology go hand-in-hand in companies today, a new survey confirms.
Half (50 percent) of chief financial officers (CFOs) interviewed recently said other than knowledge of accounting and finance, information technology experience is most useful in their careers.
This is nearly double the response when this question was asked five years ago. Operations experience also ranked high, with 45 percent of the response.
http://www.mocpa.org/Content/files/newsletters/2008/RobertHalfmr082608.htm
Half (50 percent) of chief financial officers (CFOs) interviewed recently said other than knowledge of accounting and finance, information technology experience is most useful in their careers.
This is nearly double the response when this question was asked five years ago. Operations experience also ranked high, with 45 percent of the response.
http://www.mocpa.org/Content/files/newsletters/2008/RobertHalfmr082608.htm
Wednesday, August 20, 2008
AICPA Study Reveals Pessimism About The Economy
AICPA reports that CFOs and senior-level CPAs surveyed remain negative about the economy.
For a third consecutive quarter, CPAs continue to foresee slowing economic growth ahead. They also report increased pressure on profits from rising costs without the ability to raise prices.
In addition, 62 percent of CPA respondents said they were pessimistic or very pessimistic about the economic outlook over the next 12 months.
http://www.aicpa.org/download/news/2008/AICPA_UNC_3rd_Q_RELEASE_Final.pdf
For a third consecutive quarter, CPAs continue to foresee slowing economic growth ahead. They also report increased pressure on profits from rising costs without the ability to raise prices.
In addition, 62 percent of CPA respondents said they were pessimistic or very pessimistic about the economic outlook over the next 12 months.
http://www.aicpa.org/download/news/2008/AICPA_UNC_3rd_Q_RELEASE_Final.pdf
Wednesday, August 13, 2008
So...What Is Web 2.0 Anyway?
Wondering about all the talk about blogging, social technologies, and more?
Our counterparts in Maryland have developed a blog to help CPAs learn more about Web 2.0 concepts and strategies.
You may not think you'll ever want to twitter, blog, or facebook someone...but the younger generations and future employees you'll be working with will.
It might not be a bad idea to take a look and begin learning about it. The explosive growth of Web 2.0 and social technologies have proven that it is not only here to stay, but continue to grow!
http://www.cpalearning2.com/
Our counterparts in Maryland have developed a blog to help CPAs learn more about Web 2.0 concepts and strategies.
You may not think you'll ever want to twitter, blog, or facebook someone...but the younger generations and future employees you'll be working with will.
It might not be a bad idea to take a look and begin learning about it. The explosive growth of Web 2.0 and social technologies have proven that it is not only here to stay, but continue to grow!
http://www.cpalearning2.com/
Tuesday, August 5, 2008
Who Will Teach Our Future CPAs?
The Accounting Doctoral Scholars program has been created to help reverse a shortage of Ph.D. accounting faculty in U.S. colleges and universities.
The program seeks to encourage persons with significant public accounting experience to become PhDs in the audit and tax disciplines.
To date, more than 70 of the country’s largest firms, along with several state CPA societies, have committed a total of $15 million to the program.
The MSCPA Board of Directors voted at it's last meeting to contribute $25,000 to the Accounting Doctoral Scholars program. We are really happy to do our part to help this crisis in accounting education.
The program will be administered by the AICPA Foundation. Read the press release. For further information contact ADSprogram@aicpa.org, 919-402-4524 or visit www.adsphd.org.
The program seeks to encourage persons with significant public accounting experience to become PhDs in the audit and tax disciplines.
To date, more than 70 of the country’s largest firms, along with several state CPA societies, have committed a total of $15 million to the program.
The MSCPA Board of Directors voted at it's last meeting to contribute $25,000 to the Accounting Doctoral Scholars program. We are really happy to do our part to help this crisis in accounting education.
The program will be administered by the AICPA Foundation. Read the press release. For further information contact ADSprogram@aicpa.org, 919-402-4524 or visit www.adsphd.org.
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