June2008

           

the  Generalist

www.arkcpa.com June 2008
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 man problem: when it comes to
health, one of the biggest risks a man
faces in his lifetime is being a man.
At every stage of life--from infancy to the
teen years to middle age--a man is at
far higher risk for getting sick and dying
than a woman.  The average life
expectancy of a man--75 years--is more
than five years shorter than that of a
woman.  The reasons for the troubled
state of men's health are complex.  The
fact that men and women react
differently to stress likely plays a role.
Men, taught since boyhood to be stoic in
the face of pain, often are their own
worst enemy, avoiding doctors and
engaging in risky behaviors such as
reckless driving that threaten health.
Men's health issues also get less
public attention and funding at a time
when women's health concerns--such
as breast cancer--are in the U.S.
national spotlight.  Health groups now
are calling on Congress to create an
Office of Men's Health similar to the
current Office of Women's Health, which
was established in 1990 and received a
$750 million for studying major
women's health issues such as
menopause hormones.  Congress
directed $778 million to breast and
ovarian cancer research from 2002 to
2006.  That's 85% more than the $420
million it set aside for prostate cancer
research during the same period.

•  With turmoil rocking financial
markets and housing woes
slowing the U.S. economy,
corporate tax revenues are falling,
says the Treasury Department.
The result?  Big holes in the
federal budget.  Corporate
income-tax revenue since October
1, was $171.1 billion.  That's about
15% lower than during the same
period last year.  Meanwhile,
government outlays rose 7.3%, to
$1.7 trillion, and the federal deficit
ballooned to $152 billion, which is
88% higher than the same period
last year.  Elsewhere, while hotel
occupancy rates have risen slightly
in Hawaii, they're falling in nearly
all other U.S. destinations.
 

• For more of the Generalist,
please visit ARKCPA•COM.

• theGeneralist, a one-page monthly
publication of the accounting firm of
A. R. Kakhsaz Company, is in its 14th
year of providing information, presented
fairly and accurately, from sources we
can depend upon and trust.

•  U.S. Supreme Court, in 1857,
ruled that slaves were not citizens
on Dred Scott case.  But the
decision was overturned a decade
later by the 14th amendment to the
Constitution.

•  Half the world's population will
live in urban areas by the end of
2008 and about 70% by 2050.

•  Your best teacher is
your last mistake!

•  denks: Acronym for
dual-employed, no kids.  Referring
to a family unit in which both
husband and wife work, and there
are no children.  Without the
expense and responsibility for
children, DENKS have a
larger disposable income than
couples with children, making
them a prime target for marketers
of luxury goods, particularly various
types of investments.

•  The U.S. reported the largest
number of births in 45 years,
nearly 4.3 million in 2006.  That's a
trend contrary to other wealthy
nations.  Meanwhile, a majority of
French births, for the first time,
were to unwed mothers in 2006.
That's a sign of further departure
from traditional social mores.

•  White people are more likely
than minorities to receive
medications to relive pain from
emergency room doctors.

•  If Webster wrote the first
dictionary, where did he find the
words?

• We see more in numbers 

than just numbers...

Ali R. Kakhsaz, CPA, MAcc
www.arkcpa.com

 

 



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