| 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
|
• The
U.S. dollar has fallen 16% against a basket of
other currencies over the past three years. That should make
U.S.-made goods more competitive with those made abroad and therefore,
boosting U.S. economic growth and employment. However, a growing
number of economists warn that the U.S. budget and trade deficits will
lead to a crisis in which the dollar falls much more sharply, driving up
interest rates and squeezing the economy.
• Economics
of the nations (Part 8 of 8)
Traditional
economics:
You have
two cows.
You sell
one and buy a bull.
Your herd
multiplies and the economy
grows.
You
retire on the income.
Russian economics:
You
have 2 cows.
You count
them and learn you have five
cows.
You count
them again and learn you have
42 cows.
You count
them again and learn you have
17
cows.
You give
up counting and open another
bottle of
vodka
• U.S. population grew
by three million to 294 million
in 2004 and Nevada was the fastest growing state in 2004.
• A Florida women who
said her 10-year-old grilled cheese sandwich bore the image of the Virgin
Mary, managed to sell the sandwich for $28,000 on e-Bay.
• You
are from California if
(Part 2 of
7)
A really great parking space
can totally
move you to tears,
A low speed police pursuit will
interrupt
any TV broadcast,
and
You can't
remember ....... Is pot legal?
• Tax refunds:
Most taxpayers get refunds each year from the IRS. The average
refund last year was $2,126, up 4.6% from the year before. Total IRS
refunds given last year was $216 billion, up 6.6% from the year before.
• A federal appeals court
ruled that a casino had the right to fire a woman-bartender who refused to
wear makeup since the company required male workers to be equally
well-groomed.
•
For more of the Generalist, please visit our website
at ARKCPA.COM.
|
• theGeneralist, a one-page monthly
publication of the accounting firm of A. R. Kakhsaz Company,
is in its 11th year of providing information, presented fairly and
accurately, from sources we can depend upon and trust.
• Women in the Arab
world: From the Persian Gulf in the east
to Mauritania North Africa, women who are rounded in figure, are
more desirable. Because that's the pervasive belief or
culture. "Beauty is more important than health - it's
thin women who are not healthy." Combine that culture
with the flow of Western food and habits, and you see widespread
obesity. Here's the percentage of women who are overweight or
obese:
| U.S.A. |
%62 |
| Bahrain |
83 |
| Lebanon |
75 |
| U.A.E. |
74 |
| Morocco |
52 |
| Tunisia |
51 |
• Grizzly deaths:
31 grizzly bears in and around Glacier National Park in Montana, 18
of them female, were killed in 2004 as a result of human
actions. That's the most of any year since 30 years ago and
nearly doubled the number killed in 2003. Seven were hit by
trains or cars. Ten were killed illegally, often shot and left
to die. Thirteen were killed by officials because they had
menaced humans, and one was killed in self-defense.
• More than 60% of
Japanese women in their 20s and 30s say
they have been groped on trains, subways or at transit stations in
Tokyo.
• Fraud in U.S.
businesses: Occupational fraud is a
widespread phenomenon that affects practically every
organization. Dishonest executives and employees are plying
essentially the same schemes with the same results. And
although large financial statement frauds have received the most
attention they remain relatively uncommon compared to asset
misappropriations and corruption. For more on Fraud, see the
upcoming April issue of the.
• We see more in numbers
than just numbers...
Ali R. Kakhsaz, CPA, MAcc
www.arkpca.com
|
