The financial world is constantly changing, and as we learn of the latest news we want to share it with you. Weve pulled news items we think will be of interest to you with perspectives from governmental to corporate.
There are 31 items in the archive.
Click on a title to read the complete entry.
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Accounting For Profits - Dairy Industry Could Use Some Assistance
8/10/10 // Ralph Lizardo
The milk pricing system, milk supply management and the recession that the nation is currently facing are critical factors in the crisis in the industry and dairymen across the nation must unite to find a common solution. From Western Dairy Business at www.dairybusiness.com
Demand For CPAs Strong as Accounting Firms Continue to Hire
5/31/10 // Jan Cottingham
Working with agricultural and food-processing businesses has provided "a good cushion in a challenged economy," Peregrin said. Daniel M. Peregrin Interview
Accounting for Profits - Where Do We Go from Here?
5/25/10 // Bob Matlick
We are all aware that 2009 was one of the worst years in the dairy industry as far as profitability. The average dairy operation lost $600-$900 per cow for the period ending Dec. 31, 2009, but it appears the losses slowed somewhat in the first quarter of 2010. However, the return to profitability in the industry has not occurred, and it may not be until the 3rd quarter of 2010 before any sustained profitability will occur in the overall dairy industry. From Western Dairy Business at www.dairybusiness.com
Bankings Top PerformersPart 1: banks over $3bil.
5/7/10 // Vanessa Mambrino & Nick Robin
In the 18th Annual ABA Banking Journal performance rankings, the gap between the top performers and their peers widened substantially. The average return on average equity for the top 25 institutions at yearend 2009 was 15.43% compared with the average for all 148 publicly traded banks, thrifts, and holding companies of -5.74%. Visit this article and Part 2: banks under $3 bil. at www.ababj.com
Accounting For Profits - Keeping Current with Ag Labor Laws
4/10/10 // Tim Gulling
Now, more than ever, it is important to stay current with labor laws. In agricultre labor, there are some exceptions, but the key is to properly know the exceptions and how apply them on your operation. From Western Dairy Business at www.dairybusiness.com
Dairy Farm Operating Trends, December 31, 2009
4/1/10 // Tim Gulling, Sharon A. Davis, Mike Edwards and Bob Matlick
Frazer Frost, LLP has been associated with the dairy industry since the early 1950's. At that time, many immigrants from Europe were arriving in California's "Dairy Valley" and establishing their farming operations. These early dairies averaged 50 cows and the families provided most of the labor. Frazer Frost, LLP's partners, situated in "Dairy Valley," were instrumental in the creation of federal and state laws to help dairymen. We have consistently supported pro-agricultural organizations in their efforts to help shape policy and better the living and working environments for dairy families. For the full 78 page downloadable Dairy Farm Operating Trends, please contact Tim Gulling tgulling@frazerfrost.com or Sharon A. Davis sdavis@frazerfrost.com at our LA office (714) 990-1040 and Mike Edwards medwards@frazerfrost.com or Bob Matlick bmatlick@frazerfrost.com at our Visalia office (559) 732-4135
Accounting for Profits - Estate taxes: The Good, the Bad, and the Uncertain
3/26/10 // Ralph Lizardo
There is currently no estate tax legislation for 2010. Did the government actually eliminate a type of tax even when the U.S. deficit is rising? Im glad you asked. Let me tell you how we got here and what experts believe is going to happen in the future. From Western Dairy Business at www.dairybusiness.com
Top 25 Most-Read 2009 Articles: Should I Get Out Now or Ride It Out?
12/9/09 // Bob Matlick
In February, dairy financial consultant Bob Matlick said things were turning out even worse than he had imagined. He offered three scenarios, worst-case, most likely and best case, and suggestions for each. Is it possible to be halfway in between the worst-case and most likely scenarios? From Progressive Dairyman at www.progressive dairy.com
Hoards: Arizona Conference Has a Sharp Financial Focus
12/5/09 // Hoards Dairyman Staff (Gary Genske, Michael Swanson, Bob Matlick)
At last month's Arizona Dairy Production Conference in Phoenix, the program had a sharp financial focus, thanks to three speakers whose outlook messages were much the same: The worst is over and things are starting to improve. Unfortunately, all three believe the dairy financial situation still won't be good in 2010 and few dairies will be profitable.