International associates:

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

• Top-10 careers with
greatest pay and growth
prospects in the U.S.:
  1.  Software Architect
  2.  Physician Assistant
  3.  Management Consultant
  4.  Physical Therapist
  5.  Environmental Engineer
  6.  Civil Engineer
  7.  Database Administrator
  8.  Sales Director
  9.  Certified Public Accountant
 10.  Biomedical Engineer

• New IRS statistics gives details
on audits of individuals during
2010.  The overall audit rate for
individual returns rose to 1.11%.
That's the highest since 1997.
Taxpayers with incomes of $1
million or more got the most
scrutiny.  The IRS audited 8.36% of
these filers.  That's one out of
every 12 returns.  Filers with
incomes of at least $200,000 but
less than $1 million also
experienced significant audit heat
with an audit rate of more than
twice the average.

• I woke up one morning, and all
of my stuff had been stolen and
replaced by exact duplicates!

• Why do people keep running over
a string a dozen times with their
vacuum cleaners, then reach down,
pick it up, examine it, then put it back
down to give the vacuum one more
chance?

• Can you outsmart your foot?
(1)  While sitting at your desk, lift your
right foot off the floor and make
clockwise circles with it.
(2)  Now, while doing this, draw the
number ''6'' in the air with your
right hand.
Your foot will change direction! ?

• An office bulletin shows this:
"This job is a test.  It's only a test.
Had it been an actual job, you would
have received bonuses, raises and
promotions."

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

• the Generalist, a one-page monthly
publication of the accounting firm of
A.R. Kakhsaz Company, is in its 17th
year of providing information, presented
fairly and accurately, from sources we
can depend upon and trust.

• Germany reversed course on
nuclear energy in the wake of the
Fukushima disaster in Japan.
Announcing that all of its nuclear
power stations will be phased out
by 2022.  Nuclear power supplies
around a quarter of German
electricity.  They are hoping to fill
the gap with renewable energy, but
critics say that this will be hard to
achieve.

Battered by a lengthy
recession, a record 51% of
American households are now
considered at risk of not having
enough money to sustain their
standard of living in retirement.
That's the case even if they work
until age 65--two years beyond the
current average retirement
age--and take a reverse mortgage
on their home and use all their
assets, including the mortgage
proceeds, to buy an inflation
adjusted lifetime annuity to
maximize their income.
43% of households were
considered at risk in 2004
and 44% in 2007.

• Raisin: Grape with a sunburn.

• Top-10 exporters of farm
products (in billions of dollars):

	U.S.	$80
	EU	78
	Canada	40
	Brazil	40
	China	24
	Australia	22
	Argentina	17
	Thailand	16
	Russia	14
	Malaysia	13

• We see more in numbers
than just numbers...

Ali R. Kakhsaz
www.arkcpa.com