December 2003

           

the  Generalist

www.arkcpa.com December 2003
A. R. Kakhsaz Company

an accountancy corporation

                                   

Member
American Institute of
Certified Public Accountants

                                   

International associates:

Tavana & Co.
Chartered Accountants
Toronto, Canada
Tel.416-229-2221

•Tansistorized?  Yes.  Aren't we all?  More transistors are made each year than number of rain drops fall on California.

•"Warning: the discussion gets a little technical and may cause drowsiness! "  That's how a Deutsche Bank client report begins on explaining a tax issue.

•Would you rather have more time or more money?  Here's how people in six different countries responded:

Time

Money
MEXICO 75 % 25 %
INDIA 62 37
JAPAN 38 62
U.S. 35 57
FRANCE 30 67
RUSSIA 21 70

Not every row, in above, adds up to 100%.  Because some people chose "neither," implying that they're happy with what they have.

•Teamwork: "The possibility of putting the blame on others."

•33 million people living in the U.S. have been born outside of the U.S.   That's about 12% of the total population.

•The price of China's prosperity: China's share of the world's growing demand for oil, accounts for a third of the global rise in oil use in 2003 and 2004.  China now takes Japan's place as the number 2 oil consumer in the world after the U.S.  Furthermore, China's surging economy is creating a huge demand for ships to import the basic raw materials the country needs to build infrastructure, supply its massive manufacturing sector and satisfy a growing consumer market.  As more ships go to China, fewer are available to ferry goods between other countries.  The result: A nearly tripling of the freight rates just in the past three months.  There are no signs of relief on the horizon in terms of lower prices or additional supplies of vessels, says industry officials.  "We are at a price spike that has never been seen before, the highest-rate market of all."  That's going to be paid for, by the consumers across the world. 

•May you have enough happiness to make you sweet, enough trials to make you strong, enough sorrow to keep you human and enough hope to make you happy.

 

•Wishing you the season's peace, joy and blessings.  Happy 2004 and THANK YOU for being the greatest clients and friends.

theGeneralist, a one-page monthly publication of the accounting firm of A. R. Kakhsaz Company, is in its ninth year of providing information, presented fairly and accurately, from sources we can depend upon and trust. 

•Psychologist : "A person who looks at everyone else when an attractive woman enters the room."

•The typical U.S. household owns 1.9 cars, trucks or SUVs but has only 1.8 licensed drivers.

•Sherlock Holmes and Dr. Watson went on a camping trip.  As they lay down for the night, Holmes asked: "Watson, look up into the sky and tell what you see."  Watson said, "I see millions and millions of stars."  Holmes: "And what does that tell you?"  Watson: "Astronomically, it tells me that there are millions of galaxies and potentially billions of planets.  Theologically, it tells me that God is great and that we are small and insignificant.  Meteorologically, it tells me that we will have a beautiful day tomorrow.  What does it tell you?"  Holmes: "Elementary, my dear Watson.  Somebody stole our tent."

We see more in numbers than just numbers… 

Acknowledgement: We offer thanks to Farzin Tabatabai, Andrew Walker, John Milani, Ali Kazemi, Steve Keal, Bijan Shahidi and Kioumars Ghobad for their contribution of good material that made it in this publication in 2003.  Our thanks to S. R. Nair for the use of material out of his "ITN's China Update."  Special thanks to Shahrzad Ardalan who quoted from this publication in her popular program on KIRN 670 AM during 2003.  And many thanks to Journal-e-Pezeshki for reprinting this page for many years in their monthly magazine for their readership.  We look foreword to beginning the year 2004 as another one of theGeneralist.

ARLENE T. CHUA

RAVEN A. DAVIS

ROSA MARIA BANUELOS

AMIR R. KAKHSAZ 

ALI R. KAKHSAZ

Ali R. Kakhsaz, CPA, MAcc

www.arkpca.com

 

 



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