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	<title>Phoenix, AZ Accountant Firm</title>
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	<link>http://www.phxaccountant.com</link>
	<description>CPA, Income Taxes, Small Business, Estate Returns</description>
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		<title>Unstated Interest</title>
		<link>http://www.phxaccountant.com/unstated-interest/2010/10/</link>
		<comments>http://www.phxaccountant.com/unstated-interest/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 16:18:29 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Installment Agreement]]></category>
		<category><![CDATA[Interest Rate]]></category>
		<category><![CDATA[Unstated Interest]]></category>

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		<description><![CDATA[Definition of Unstated Interest: Interest which must be determined and the sale price lowered by this amount when interest is not stated in an installment agreement or the interest rate applied is less than the applicable rate.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Vacation Home</title>
		<link>http://www.phxaccountant.com/vacation-home/2010/10/</link>
		<comments>http://www.phxaccountant.com/vacation-home/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 16:07:12 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Expense Deductions]]></category>
		<category><![CDATA[Second Residence]]></category>
		<category><![CDATA[Tax Code]]></category>
		<category><![CDATA[Vacation Home]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=753</guid>
		<description><![CDATA[Definition of Vacation Home: The Tax Code places limitations on taxpayers who rent their residences or vacation homes to others during part of the tax year. The limitations may result in scaling down of expense deductions for the taxpayer.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Vested Benefits</title>
		<link>http://www.phxaccountant.com/vested-benefits/2010/10/</link>
		<comments>http://www.phxaccountant.com/vested-benefits/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 16:00:09 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Pension Benefits]]></category>
		<category><![CDATA[taxpayer]]></category>
		<category><![CDATA[Vested Benefits]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=751</guid>
		<description><![CDATA[Definition of Vested Benefits: Pension benefits belonging to the taxpayer.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wash Sale</title>
		<link>http://www.phxaccountant.com/wash-sale/2010/10/</link>
		<comments>http://www.phxaccountant.com/wash-sale/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 15:55:58 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Substantially Similar Securities]]></category>
		<category><![CDATA[Substantially Similar Stock]]></category>
		<category><![CDATA[Wash Sale]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=749</guid>
		<description><![CDATA[Definition of Wash Sale: A Wash Sale is when a purchase of substantially similar stock or other form of securities within 30 days before or after the sale of the similar stock or security at a loss. A taxpayer cannot claim a wash sale loss; instead, the loss is added to the basis of the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Welfare to Work Credit</title>
		<link>http://www.phxaccountant.com/welfare-to-work-credit/2010/10/</link>
		<comments>http://www.phxaccountant.com/welfare-to-work-credit/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 15:31:11 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Form 8861]]></category>
		<category><![CDATA[Welfare Rolls]]></category>
		<category><![CDATA[Welfare to Work Credit]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=747</guid>
		<description><![CDATA[Definition of Welfare to Work Credit: A tax credit for employers that have hired workers from welfare rolls. The Welfare to Work Credit is claimed on Form 8861.]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/welfare-to-work-credit/2010/10/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Thinking in an Intellectual and Analytical Way</title>
		<link>http://www.phxaccountant.com/thinking-in-an-intellectual-and-analytical-way/2010/10/</link>
		<comments>http://www.phxaccountant.com/thinking-in-an-intellectual-and-analytical-way/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 11:01:25 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Phoenix CPA]]></category>
		<category><![CDATA[accounting resources]]></category>
		<category><![CDATA[achieve]]></category>
		<category><![CDATA[analytical]]></category>
		<category><![CDATA[Analytical Thinking]]></category>
		<category><![CDATA[concept]]></category>
		<category><![CDATA[improve]]></category>
		<category><![CDATA[Individual]]></category>
		<category><![CDATA[process]]></category>
		<category><![CDATA[results]]></category>
		<category><![CDATA[thinking]]></category>
		<category><![CDATA[thinking process]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/thinking-in-an-intellectual-and-analytical-way/2010/10/</guid>
		<description><![CDATA[What is critical thinking? Critical thinking is exactly what the term suggests—it is the process of thinking in an intellectual and analytical way. The concept is designed to improve upon one’s thinking process to achieve better results. This is accomplished through identifying an individual’s strengths...]]></description>
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		</item>
		<item>
		<title>The Effects Technology has on Accounting Professionals</title>
		<link>http://www.phxaccountant.com/the-effects-technology-has-on-accounting-professionals/2010/10/</link>
		<comments>http://www.phxaccountant.com/the-effects-technology-has-on-accounting-professionals/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 08:37:33 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Phoenix CPA]]></category>
		<category><![CDATA[effects]]></category>
		<category><![CDATA[extremely]]></category>
		<category><![CDATA[forms]]></category>
		<category><![CDATA[impacts]]></category>
		<category><![CDATA[internal control]]></category>
		<category><![CDATA[Internal Controls]]></category>
		<category><![CDATA[intuit]]></category>
		<category><![CDATA[major]]></category>
		<category><![CDATA[outputting]]></category>
		<category><![CDATA[turbotax]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/the-effects-technology-has-on-accounting-professionals/2010/10/</guid>
		<description><![CDATA[The effects of technology on the accounting profession: Over the past several decades the effects of technology on the accounting profession have been numerous and extremely influential. Major impacts can be seen in areas of data collection, storing, processing, and outputting into various forms of...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Statement Users</title>
		<link>http://www.phxaccountant.com/financial-statement-users/2010/10/</link>
		<comments>http://www.phxaccountant.com/financial-statement-users/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 06:17:04 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Phoenix CPA]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[accounting data]]></category>
		<category><![CDATA[analyzing]]></category>
		<category><![CDATA[Balance Sheet]]></category>
		<category><![CDATA[balance sheets]]></category>
		<category><![CDATA[decisions]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[Income Statements]]></category>
		<category><![CDATA[indicators]]></category>
		<category><![CDATA[Information]]></category>
		<category><![CDATA[numerous]]></category>
		<category><![CDATA[responsible]]></category>
		<category><![CDATA[simultaneously]]></category>
		<category><![CDATA[stakeholders]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/financial-statement-users/2010/10/</guid>
		<description><![CDATA[Users of financial information: A responsible organization’s management will interpret accounting data for purposes of evaluating the business. Management relies heavily on accounting information, along with numerous other indicators, for analyzing current business decisions; while simultaneously using that data for planning for the future of...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Widow (Widower)</title>
		<link>http://www.phxaccountant.com/widow-widower/2010/10/</link>
		<comments>http://www.phxaccountant.com/widow-widower/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 01:26:41 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Filing Requirement]]></category>
		<category><![CDATA[Filing Status]]></category>
		<category><![CDATA[Widow (Widower)]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=745</guid>
		<description><![CDATA[Definition of Widow (Widower): A woman (man) who hasn’t remarried subsequent to the death of her husband (his wife). Additional Widow (Widower) Information:]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/widow-widower/2010/10/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Withholding Allowances</title>
		<link>http://www.phxaccountant.com/withholding-allowances/2010/10/</link>
		<comments>http://www.phxaccountant.com/withholding-allowances/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 01:18:28 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Reduced Income]]></category>
		<category><![CDATA[Tax Withheld]]></category>
		<category><![CDATA[Withholding Allowance]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=743</guid>
		<description><![CDATA[Definition of Withholding Allowances: A credit available to employers who hire employees from certain destitute groups. The credit is claimed using Form 5884. Additional Withholding Allowances Information:]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Work Opportunity Credit</title>
		<link>http://www.phxaccountant.com/work-opportunity-credit/2010/10/</link>
		<comments>http://www.phxaccountant.com/work-opportunity-credit/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 01:10:07 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Federal Tax Credit]]></category>
		<category><![CDATA[Tax Credits]]></category>
		<category><![CDATA[Work Opportunity Credit]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=741</guid>
		<description><![CDATA[Definition of Work Opportunity Credit: A credit available to employers who hire employees from certain destitute groups. The credit is claimed using Form 5884. Additional Work Opportunity Credit Information:]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/work-opportunity-credit/2010/10/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Worksheet</title>
		<link>http://www.phxaccountant.com/worksheet/2010/10/</link>
		<comments>http://www.phxaccountant.com/worksheet/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 00:58:07 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Accounting Worksheet]]></category>
		<category><![CDATA[Income Tax Worksheet]]></category>
		<category><![CDATA[Worksheet]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=739</guid>
		<description><![CDATA[Definition of Worksheet: Documentation of compiled information that is usually not sent to the IRS with a tax return. Additional Worksheet Information:]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Worthless Securities</title>
		<link>http://www.phxaccountant.com/worthless-securities/2010/10/</link>
		<comments>http://www.phxaccountant.com/worthless-securities/2010/10/#comments</comments>
		<pubDate>Sun, 10 Oct 2010 00:52:07 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Glossary]]></category>
		<category><![CDATA[Income Tax Returns]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Affiliated Companies]]></category>
		<category><![CDATA[Small Business Stock]]></category>
		<category><![CDATA[Special Rules]]></category>
		<category><![CDATA[Worthless Securities]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=737</guid>
		<description><![CDATA[Definition of Worthless Securities: A loss is permitted for a security that becomes worthless during the year. The loss is considered to have occurred on the last day of the year. Special rules apply to securities of affiliated organizations and small business stock. Additional Worthless Securities Information:]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Filing for Bankruptcy, Chapter 7 or Chapter 11?</title>
		<link>http://www.phxaccountant.com/filing-for-bankruptcy-chapter-7-or-chapter-11/2010/07/</link>
		<comments>http://www.phxaccountant.com/filing-for-bankruptcy-chapter-7-or-chapter-11/2010/07/#comments</comments>
		<pubDate>Fri, 02 Jul 2010 22:26:36 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[Chapter 7]]></category>
		<category><![CDATA[Child Support]]></category>
		<category><![CDATA[Income Tax Liens]]></category>
		<category><![CDATA[Payroll Tax Liens]]></category>
		<category><![CDATA[Restructure]]></category>
		<category><![CDATA[United States Bankruptcy Code]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=566</guid>
		<description><![CDATA[What is the typical time span for filing for Chapter 11, confirmation, and successful completion of the reorganization plan? United States bankruptcy laws permits debtors to either dismiss repaying certain debts to creditors or to repay creditors over a given time period. As stated in the U.S. Bankruptcy Code, a company or an individual can [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Critical Thinking for Sales People</title>
		<link>http://www.phxaccountant.com/critical-thinking-for-sales-people/2010/06/</link>
		<comments>http://www.phxaccountant.com/critical-thinking-for-sales-people/2010/06/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 23:37:56 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Analytical Thinking]]></category>
		<category><![CDATA[Buyer Apprehension]]></category>
		<category><![CDATA[Buyer Model]]></category>
		<category><![CDATA[Buyer Satisfaction]]></category>
		<category><![CDATA[Critical Thinking]]></category>
		<category><![CDATA[Intellectual Thinking]]></category>
		<category><![CDATA[Sales Process]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=455</guid>
		<description><![CDATA[Applying critical thinking to a work-related decision: For most individuals that are in various sales positions, and while it is evident that customer attitudes and behaviors must be indulged before determining a best course of action— sales approach, critical thinking must help lead up to the sale. In a simplistic and idealistic buying model, there [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Critical Thinking is Intellectual Thinking</title>
		<link>http://www.phxaccountant.com/critical-thinking-is-intellectual-thinking/2010/06/</link>
		<comments>http://www.phxaccountant.com/critical-thinking-is-intellectual-thinking/2010/06/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 21:40:06 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Corporate Business]]></category>
		<category><![CDATA[Critical Thinking]]></category>
		<category><![CDATA[Intellectual Thinking]]></category>
		<category><![CDATA[Problem Solving]]></category>
		<category><![CDATA[Thought Process]]></category>
		<category><![CDATA[Traits]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=451</guid>
		<description><![CDATA[Applying critical thinking: Applying critical thinking to life’s everyday experiences is something one does cognitively. Whether it is consciously or subconsciously, critical thinking happens for most individuals at every waking moment of the day. The human thought process involves making choices and acting on them. From asking oneself, “what’s for breakfast?”—to, “how can I best [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Information Systems, Auditing and System Controls</title>
		<link>http://www.phxaccountant.com/information-systems-auditing-and-system-controls/2010/06/</link>
		<comments>http://www.phxaccountant.com/information-systems-auditing-and-system-controls/2010/06/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 00:37:58 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Internal Control]]></category>
		<category><![CDATA[Accounting Information Systems]]></category>
		<category><![CDATA[Application Controls]]></category>
		<category><![CDATA[Audit Process]]></category>
		<category><![CDATA[Database]]></category>
		<category><![CDATA[External Auditor]]></category>
		<category><![CDATA[Information Systems]]></category>
		<category><![CDATA[Internal Auditor]]></category>
		<category><![CDATA[Sarbanes-Oxley Act]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[System Controls]]></category>
		<category><![CDATA[Test of Account Balances]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=449</guid>
		<description><![CDATA[Information systems and the audit process: Integrating an information system to perform auditing processes will usually encompass multiple resources and procedures; including people, hardware, data, communications, software, and databases. It is vital that the auditing process examines all components to ensure accurate data for internal and external users. The auditing process consists of a preliminary [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Information System Database Management and Integration</title>
		<link>http://www.phxaccountant.com/information-system-database-management-and-integration/2010/06/</link>
		<comments>http://www.phxaccountant.com/information-system-database-management-and-integration/2010/06/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 00:08:23 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Internal Control]]></category>
		<category><![CDATA[Inventorying]]></category>
		<category><![CDATA[Accounting Information Systems]]></category>
		<category><![CDATA[Database Management]]></category>
		<category><![CDATA[Database Management Systems]]></category>
		<category><![CDATA[General Ledger]]></category>
		<category><![CDATA[Information System Integration]]></category>
		<category><![CDATA[Information Systems]]></category>
		<category><![CDATA[Inventory]]></category>
		<category><![CDATA[Scheduling]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=447</guid>
		<description><![CDATA[Data management and integration: Data is most frequently managed through the use of information systems and databases. A database is a collection of data that is commonly related and stored in computerized linked files. Database use is favored by many users of information systems because of the ability to manipulate the database information into database [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/information-system-database-management-and-integration/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dynamics of Accounting and Information Systems</title>
		<link>http://www.phxaccountant.com/dynamics-of-accounting-and-information-systems/2010/06/</link>
		<comments>http://www.phxaccountant.com/dynamics-of-accounting-and-information-systems/2010/06/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 21:39:11 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Internal Control]]></category>
		<category><![CDATA[Accounting Information Systems]]></category>
		<category><![CDATA[Accounting Software]]></category>
		<category><![CDATA[Departmental Information System]]></category>
		<category><![CDATA[Dynamics of Accounting]]></category>
		<category><![CDATA[Information Systems]]></category>
		<category><![CDATA[Internal Controls]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=444</guid>
		<description><![CDATA[The changing dynamics of accounting: The changing dynamics of accounting is widespread in all accounting functions due to the endless evolving of accounting information systems and technology associated with these systems. It is imperative that accounting systems change, not only to allow an organization to function more effectively and efficiently; but to ensure security from [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/dynamics-of-accounting-and-information-systems/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Small Business and Corporate Accounting Systems</title>
		<link>http://www.phxaccountant.com/small-business-and-corporate-accounting-systems/2010/06/</link>
		<comments>http://www.phxaccountant.com/small-business-and-corporate-accounting-systems/2010/06/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 20:17:22 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Internal Control]]></category>
		<category><![CDATA[Accounting System]]></category>
		<category><![CDATA[Accounts Receivables]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[General System Goals]]></category>
		<category><![CDATA[Human Element]]></category>
		<category><![CDATA[Operating Systems Goals]]></category>
		<category><![CDATA[Small Business]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=442</guid>
		<description><![CDATA[Contribution to the development of the system: A study team will need to properly analyzed the views and inputs from the accounts receivables participants; not only to analyze the current system, but to ensure that the proposed system will meet the organization’s goals—general systems goals, top management systems goals, and operating management system goals. General [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/small-business-and-corporate-accounting-systems/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Arizona Business Resource Center</title>
		<link>http://www.phxaccountant.com/arizona-business-resource-center/2010/06/</link>
		<comments>http://www.phxaccountant.com/arizona-business-resource-center/2010/06/#comments</comments>
		<pubDate>Mon, 28 Jun 2010 05:50:55 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Database]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Information]]></category>
		<category><![CDATA[Journals]]></category>
		<category><![CDATA[Resources]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Statistics]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=439</guid>
		<description><![CDATA[Our Business Resource Center is the perfect place for small business owners and corporate employees to find premium information pertaining to their organizations, including research articles and industry journals...]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/arizona-business-resource-center/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Debt Securities and Equity Securities</title>
		<link>http://www.phxaccountant.com/debt-securities-and-equity-securities/2010/06/</link>
		<comments>http://www.phxaccountant.com/debt-securities-and-equity-securities/2010/06/#comments</comments>
		<pubDate>Mon, 28 Jun 2010 02:00:31 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Securities]]></category>
		<category><![CDATA[Available-for-Sale Securities]]></category>
		<category><![CDATA[CDOs]]></category>
		<category><![CDATA[CDs]]></category>
		<category><![CDATA[Corporate Bonds]]></category>
		<category><![CDATA[Debt Securities]]></category>
		<category><![CDATA[Derivative Instruments]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Equity Securities]]></category>
		<category><![CDATA[Financial Instruments]]></category>
		<category><![CDATA[Held-to-Maturity Securities]]></category>
		<category><![CDATA[Municipal Bonds]]></category>
		<category><![CDATA[Trading Securities]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=425</guid>
		<description><![CDATA[Distinguish between a debt security and an equity security: A debt security can be classified as held-to-maturity; however an equity security has no maturity date. Furthermore, a debt security can easily by either bought or sold between two parties. Examples of debt securities include: municipal bonds, CDs, CDOs, and corporate bonds. What are the main [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/debt-securities-and-equity-securities/2010/06/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>State of Arizona Government-Wide Statements and Reporting Entities</title>
		<link>http://www.phxaccountant.com/state-of-arizona-government-wide-statements-and-reporting-entities/2010/06/</link>
		<comments>http://www.phxaccountant.com/state-of-arizona-government-wide-statements-and-reporting-entities/2010/06/#comments</comments>
		<pubDate>Sun, 27 Jun 2010 22:32:16 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[Arizona]]></category>
		<category><![CDATA[Arizona Health Care]]></category>
		<category><![CDATA[Arizona Lottery]]></category>
		<category><![CDATA[Business-Type Activities]]></category>
		<category><![CDATA[CAFR]]></category>
		<category><![CDATA[Comprehensive Annual Financial Report]]></category>
		<category><![CDATA[Department of Transportation]]></category>
		<category><![CDATA[Government-Wide Statements]]></category>
		<category><![CDATA[Governmental Activities]]></category>
		<category><![CDATA[Governmental Reporting Entity]]></category>
		<category><![CDATA[Independent Auditor Report]]></category>
		<category><![CDATA[Special-Purpose Governments]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=423</guid>
		<description><![CDATA[Either using a previous selected government entity CAFR or another government entity, identify where the government-wide statements have been presented using the fund statements: In the State of Arizona’s 2008 CAFR, government-wide statements are presented in the Independent Auditor’s Report. State of Arizona Government-wide Statements include governmental activities – Arizona Health Care Cost Containment System, [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/state-of-arizona-government-wide-statements-and-reporting-entities/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Statements and Reports Required by the AARP</title>
		<link>http://www.phxaccountant.com/financial-statements-and-reports-required-by-the-aarp/2010/06/</link>
		<comments>http://www.phxaccountant.com/financial-statements-and-reports-required-by-the-aarp/2010/06/#comments</comments>
		<pubDate>Sun, 27 Jun 2010 17:29:44 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[AARP]]></category>
		<category><![CDATA[CAFR]]></category>
		<category><![CDATA[Comprehensive Annual Financial Report]]></category>
		<category><![CDATA[Donor-Imposed Restrictions]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Independent Auditor Report]]></category>
		<category><![CDATA[Non-Profit]]></category>
		<category><![CDATA[Not-for-Profit]]></category>
		<category><![CDATA[Statement No. 117]]></category>
		<category><![CDATA[Statement of Activities]]></category>
		<category><![CDATA[Statement of Cash Flows]]></category>
		<category><![CDATA[Statement of Financial Position]]></category>
		<category><![CDATA[Temporarily Restricted Net Assets]]></category>
		<category><![CDATA[Unrestricted Net Assets]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=421</guid>
		<description><![CDATA[Either using a previous selected NFP CAFR or another NFP CAFR you are interested in; identify what financial statements are required of that organization? The not-for-profit financial reports for the AARP – a nonprofit, nonpartisan membership organization that helps people 50 and over improve the quality of their lives. How are they different or comparable [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/financial-statements-and-reports-required-by-the-aarp/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Not-for-Profit Contributions and the AARP</title>
		<link>http://www.phxaccountant.com/not-for-profit-contributions-and-the-aarp/2010/06/</link>
		<comments>http://www.phxaccountant.com/not-for-profit-contributions-and-the-aarp/2010/06/#comments</comments>
		<pubDate>Sun, 27 Jun 2010 16:33:05 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[AARP]]></category>
		<category><![CDATA[Charitable Contributions]]></category>
		<category><![CDATA[Commensurate Value]]></category>
		<category><![CDATA[Contributions]]></category>
		<category><![CDATA[Donations]]></category>
		<category><![CDATA[Legal Counsel for the Elderly]]></category>
		<category><![CDATA[Not-for-Profit]]></category>
		<category><![CDATA[Pledges]]></category>
		<category><![CDATA[Statement of Activities]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=419</guid>
		<description><![CDATA[Many of us make pledges such as to NPR, or other organizations (religious groups, social organizations, etc&#8230;) When a not-for-profit (NFP) receives these they must account for them. Sometimes though, they may have a &#8220;gift&#8221; for making a donation. And this may have different consequences. Think of an NFP that you know of. How do [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/not-for-profit-contributions-and-the-aarp/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fiduciary Funds and Permanent Funds</title>
		<link>http://www.phxaccountant.com/fiduciary-funds-and-permanent-funds/2010/06/</link>
		<comments>http://www.phxaccountant.com/fiduciary-funds-and-permanent-funds/2010/06/#comments</comments>
		<pubDate>Sun, 27 Jun 2010 04:12:52 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Balance Sheets]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[Agency Funds]]></category>
		<category><![CDATA[Balance Sheet]]></category>
		<category><![CDATA[Fiduciary Funds]]></category>
		<category><![CDATA[GASB]]></category>
		<category><![CDATA[Government Statements]]></category>
		<category><![CDATA[Investment Trust Funds]]></category>
		<category><![CDATA[Pension Trust Funds]]></category>
		<category><![CDATA[Permanent Funds]]></category>
		<category><![CDATA[Private Purpose Trust Funds]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=416</guid>
		<description><![CDATA[What is the distinction, as drawn by the GASB, between a fiduciary fund and a permanent fund? Permanent funds are government funds that are accounted for on the modified accrual basis. These funds are reported the same as other governmental funds, though each permanent fund is displayed in a separate column. Fiduciary funds can be [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/fiduciary-funds-and-permanent-funds/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Main Components of A Comprehensive Annual Financial Report</title>
		<link>http://www.phxaccountant.com/the-main-components-of-a-comprehensive-annual-financial-report/2010/06/</link>
		<comments>http://www.phxaccountant.com/the-main-components-of-a-comprehensive-annual-financial-report/2010/06/#comments</comments>
		<pubDate>Thu, 24 Jun 2010 17:34:00 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[CAFR]]></category>
		<category><![CDATA[Comprehensive Annual Financial Report]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[GASB]]></category>
		<category><![CDATA[Government Accounting]]></category>
		<category><![CDATA[Government Accounting Standards Board]]></category>
		<category><![CDATA[Independent Auditor Report]]></category>
		<category><![CDATA[Letter of Transmittal]]></category>
		<category><![CDATA[Management Discussion and Analysis]]></category>
		<category><![CDATA[Non-Profit]]></category>
		<category><![CDATA[Not-for-Profit]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=413</guid>
		<description><![CDATA[What is CAFR and what are its main components? CAFR is a comprehensive annual financial report for government agencies. It includes the organization’s year-end financial statements. Main components of a CAFR typically include an introductory section, which includes a letter of transmittal, an organizational overview, and details about organizational officials. The next main component is [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Audit Engangement Planning</title>
		<link>http://www.phxaccountant.com/audit-engangement-planning/2010/06/</link>
		<comments>http://www.phxaccountant.com/audit-engangement-planning/2010/06/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 22:49:36 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Auditing]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Engagement]]></category>
		<category><![CDATA[Financial Reporting Systems]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Predecessor Auditor]]></category>
		<category><![CDATA[Scope Limitations]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=399</guid>
		<description><![CDATA[What is the purpose of engagement planning? The purpose of engagement planning is to ensure that both the auditor possesses the knowhow and capabilities needed to address the client’s needs, and that the client is of integrity and has not imposed any restrictions that may cause the auditor to issue an unqualified opinion. What critical [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Auditing and Public Accounting as a Guarantor of Results</title>
		<link>http://www.phxaccountant.com/auditing-and-public-accounting-as-a-guarantor-of-results/2010/06/</link>
		<comments>http://www.phxaccountant.com/auditing-and-public-accounting-as-a-guarantor-of-results/2010/06/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 05:40:24 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Auditing]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[AICPA]]></category>
		<category><![CDATA[Bond Holders]]></category>
		<category><![CDATA[Creditors]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[GAAS]]></category>
		<category><![CDATA[Guarantor of Results]]></category>
		<category><![CDATA[Independent Analysis]]></category>
		<category><![CDATA[Public Accounting]]></category>
		<category><![CDATA[Shareholders]]></category>
		<category><![CDATA[SOX]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=397</guid>
		<description><![CDATA[Why is public accounting often viewed as a guarantor of results, or even as a provider of assurance that one’s investment is of high quality? Often public accounting is viewed as a guarantor of results, or even as a provider of assurance that one’s investment is of high quality for several reason. First, public accounting [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Private Securities Reform Act of 1995 and Audit Liability</title>
		<link>http://www.phxaccountant.com/private-securities-reform-act-of-1995-and-audit-liability/2010/06/</link>
		<comments>http://www.phxaccountant.com/private-securities-reform-act-of-1995-and-audit-liability/2010/06/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 18:14:47 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Auditing]]></category>
		<category><![CDATA[Liabilities]]></category>
		<category><![CDATA[Audit Liability]]></category>
		<category><![CDATA[Auditor Liability]]></category>
		<category><![CDATA[Frivolous Lawsuits]]></category>
		<category><![CDATA[Private Securities Reform Act]]></category>
		<category><![CDATA[Punitive Damages]]></category>
		<category><![CDATA[Securities Fraud]]></category>
		<category><![CDATA[Stay of Recovery]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=361</guid>
		<description><![CDATA[What are some ways in which the Private Securities Reform Act of 1995 will potentially change auditors’ legal liability and what is the potential benefit to the auditor? Some of the ways that the Private Securities Reform Act of 1995 changed both the responsibilities and at the same time benefited auditors are detailed below. Legal [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sarbanes-Oxley Act and Auditing</title>
		<link>http://www.phxaccountant.com/sarbanes-oxley-act-and-auditing/2010/06/</link>
		<comments>http://www.phxaccountant.com/sarbanes-oxley-act-and-auditing/2010/06/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 21:28:01 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Auditing]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Accountability]]></category>
		<category><![CDATA[Apprasal Services]]></category>
		<category><![CDATA[Bookkeeping]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Internal Audit Services]]></category>
		<category><![CDATA[Quality Control]]></category>
		<category><![CDATA[Sarbanes-Oxley Act]]></category>
		<category><![CDATA[SOX]]></category>
		<category><![CDATA[Valuation Services]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=345</guid>
		<description><![CDATA[What is the Sarbanes-Oxley Act? The Sarbanes-Oxley Act of 2002, also referred to as SOX, was enacted in reaction with the public’s outcry to more closely regulate corporate and auditor accountability. After the numerous corporate scandals that wound up costing shareholders their entire life savings, it was clear that new legislation was needed in order [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/sarbanes-oxley-act-and-auditing/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Non-Financial Performance Measures</title>
		<link>http://www.phxaccountant.com/non-financial-performance-measures/2010/06/</link>
		<comments>http://www.phxaccountant.com/non-financial-performance-measures/2010/06/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 20:51:06 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Diversifying]]></category>
		<category><![CDATA[Employee Productivity]]></category>
		<category><![CDATA[Facility Capabilities]]></category>
		<category><![CDATA[Innovative Capabilities]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Non-Financial Performance Measure]]></category>
		<category><![CDATA[Product Line]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=342</guid>
		<description><![CDATA[Non-financial performance measures: Non-financial performance measures are methods for an organization, and often consumers, vendors, and investors, to determine how well the company is doing based on quality of service or their product(s), employee productivity, innovative capabilities, and facility capabilities. Quality of service can go a long way. It’s often a word-of-mouth branding tool, one [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>International Accounting, US GAAP and Financial Reporting</title>
		<link>http://www.phxaccountant.com/international-accounting-us-gaap-and-financial-reporting/2010/06/</link>
		<comments>http://www.phxaccountant.com/international-accounting-us-gaap-and-financial-reporting/2010/06/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 19:39:13 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[International Accounting Standards]]></category>
		<category><![CDATA[Accounting Standards Board of Japan]]></category>
		<category><![CDATA[ASBJ]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[Generally Accepted Accounting Principles]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[International Financial Reporting Standards]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Securities and Exchange Commission]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=340</guid>
		<description><![CDATA[How does GAAP affect financial reporting? GAAP affects financial reporting in numerous ways. GAAP sets the guidelines, principles, laws, and framework for accounting professionals to follow when conducting accounting work and when reporting financial information. The Securities and Exchange Commission (SEC) requires that publically traded companies prepare their financial reports following GAAP. How does GAAP [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/international-accounting-us-gaap-and-financial-reporting/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Codification of Generally Accepted Accounting Principles</title>
		<link>http://www.phxaccountant.com/codification-of-generally-accepted-accounting-principles/2010/06/</link>
		<comments>http://www.phxaccountant.com/codification-of-generally-accepted-accounting-principles/2010/06/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 18:05:00 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Codification System]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Accounting Standards Executive Committee]]></category>
		<category><![CDATA[AcSEC]]></category>
		<category><![CDATA[AICPA]]></category>
		<category><![CDATA[American Institute of Certified Public Accountants]]></category>
		<category><![CDATA[Codification]]></category>
		<category><![CDATA[EITF]]></category>
		<category><![CDATA[Emergina Issues Task Force]]></category>
		<category><![CDATA[Financial Accounting Standards Board]]></category>
		<category><![CDATA[FSBA]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[Generally Accepted Accounting Principles]]></category>
		<category><![CDATA[Statement 162]]></category>
		<category><![CDATA[Statement 168]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=336</guid>
		<description><![CDATA[Codification of GAAP: According to the American Institute of Certified Public Accountants (AICPA), changes were recently made that affected the previous Financial Accounting Standards Board (FSBA) Statement No. 162. The new statement, FASB Statement No. 168, The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles, provides literature on how accounting professionals [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/codification-of-generally-accepted-accounting-principles/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Goodwill in the Consolidation Process</title>
		<link>http://www.phxaccountant.com/goodwill-in-the-consolidation-process/2010/06/</link>
		<comments>http://www.phxaccountant.com/goodwill-in-the-consolidation-process/2010/06/#comments</comments>
		<pubDate>Thu, 17 Jun 2010 21:28:59 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Liabilities]]></category>
		<category><![CDATA[Consolidation Process]]></category>
		<category><![CDATA[Expenses]]></category>
		<category><![CDATA[Financial Statement Consolidation]]></category>
		<category><![CDATA[Goodwill]]></category>
		<category><![CDATA[Parent Company]]></category>
		<category><![CDATA[Revenues]]></category>
		<category><![CDATA[Subsidiaries]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=326</guid>
		<description><![CDATA[The significance of goodwill in the consolidation process: When consolidating the financial statements of two or more firms into a single set of financial statements it is necessary, not to mention extremely important, to consolidate all assets, liabilities, expenses, and revenues. If any major factor of any of the firms is left out, i.e. goodwill, [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/goodwill-in-the-consolidation-process/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>International Accounting Standards Board</title>
		<link>http://www.phxaccountant.com/international-accounting-standards-board/2010/06/</link>
		<comments>http://www.phxaccountant.com/international-accounting-standards-board/2010/06/#comments</comments>
		<pubDate>Thu, 17 Jun 2010 17:40:36 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[International Accounting Standards]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[IASB]]></category>
		<category><![CDATA[IASC]]></category>
		<category><![CDATA[IASC Foundation]]></category>
		<category><![CDATA[IFRIC]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[International Accounting Standards Board]]></category>
		<category><![CDATA[International Accounting Standards Committee]]></category>
		<category><![CDATA[International Financial Reporting Interpretations Committee]]></category>
		<category><![CDATA[International Financial Reporting Standards]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[SAC]]></category>
		<category><![CDATA[Standards Advisory Council]]></category>
		<category><![CDATA[Trustee Appointments Advisory Group]]></category>
		<category><![CDATA[United Kingdom]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=324</guid>
		<description><![CDATA[International accounting standards: As a result of the 2001 restructuring of the International Accounting Standards Committee (IASC) Foundation, which provided a standard for how members conducted international accounting for several decades, the International Accounting Standards Board (IASB) was developed to establish a set of standards and convergence on international financial reporting. Below is a brief [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fair Value Cash Flow and Foreign Currency Hedges</title>
		<link>http://www.phxaccountant.com/fair-value-cash-flow-and-foreign-currency-hedges/2010/06/</link>
		<comments>http://www.phxaccountant.com/fair-value-cash-flow-and-foreign-currency-hedges/2010/06/#comments</comments>
		<pubDate>Mon, 14 Jun 2010 18:48:39 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Income Statements]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Exchange Rates]]></category>
		<category><![CDATA[Fair Value Cash Flow Hedging]]></category>
		<category><![CDATA[Foreign Currency Hedging]]></category>
		<category><![CDATA[Foreign Currency Transactions]]></category>
		<category><![CDATA[Foreign Currency Translations]]></category>
		<category><![CDATA[Income Statement]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=322</guid>
		<description><![CDATA[The differences between fair value cash flow and foreign currency hedges: Fair value cash flow hedges are intended to hedge the potential changes in a firm’s anticipated cash flow. The effective portion of the gain or loss on foreign currency hedging is recognized as a component of other comprehensive income; and that the ineffective portion [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/fair-value-cash-flow-and-foreign-currency-hedges/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Pooling of Interest Accounting</title>
		<link>http://www.phxaccountant.com/pooling-of-interest-accounting/2010/06/</link>
		<comments>http://www.phxaccountant.com/pooling-of-interest-accounting/2010/06/#comments</comments>
		<pubDate>Sun, 13 Jun 2010 22:27:34 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Carrying Forward Book Values]]></category>
		<category><![CDATA[Carrying Forward Retained Earnings]]></category>
		<category><![CDATA[Goodwill]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Pooling of Interest]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=320</guid>
		<description><![CDATA[Should pooling of interest have been eliminated? The pooling of interest method of accounting for business combinations was abused by companies in an attempt to report more favorable year-end figures. As history has shown us, many companies will take advantage of loopholes when given the opportunity, which isn’t fair for investors and other stakeholders. So [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/pooling-of-interest-accounting/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deducting Bad Debt and Home Office Expenses</title>
		<link>http://www.phxaccountant.com/deducting-bad-debt-and-home-office-expenses/2010/06/</link>
		<comments>http://www.phxaccountant.com/deducting-bad-debt-and-home-office-expenses/2010/06/#comments</comments>
		<pubDate>Sun, 13 Jun 2010 21:29:27 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Accounting Resources]]></category>
		<category><![CDATA[Bad Debt]]></category>
		<category><![CDATA[Home Office]]></category>
		<category><![CDATA[Bad Debts]]></category>
		<category><![CDATA[Casualty Losses]]></category>
		<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Mortgage Interest]]></category>
		<category><![CDATA[Operating Expenses]]></category>
		<category><![CDATA[Real Estate Taxes]]></category>
		<category><![CDATA[Repairs and Maintenance]]></category>
		<category><![CDATA[Tax Law Exceptions]]></category>
		<category><![CDATA[Tax Returns]]></category>
		<category><![CDATA[Utilities]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=317</guid>
		<description><![CDATA[How is the write-off of a bad debt handled on the tax return? Taxpayers generally use the specific write-off method of accounting in deducting bad debt. To determine whether a bona fide loan transaction has actually taken place: Does a note or other written instrument exist which evidences on obligation to repay? Have the parties [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/deducting-bad-debt-and-home-office-expenses/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SFAS 116 and 117 Executive Summary</title>
		<link>http://www.phxaccountant.com/sfas-116-and-117-executive-summary/2010/06/</link>
		<comments>http://www.phxaccountant.com/sfas-116-and-117-executive-summary/2010/06/#comments</comments>
		<pubDate>Sat, 12 Jun 2010 21:53:48 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[Statement of Cash Flows]]></category>
		<category><![CDATA[Accounting for Contributions]]></category>
		<category><![CDATA[Donor-Imposed Restrictions]]></category>
		<category><![CDATA[Non-Profit]]></category>
		<category><![CDATA[Not-for-Profit]]></category>
		<category><![CDATA[SFAS]]></category>
		<category><![CDATA[Statement 116]]></category>
		<category><![CDATA[Statement 117]]></category>
		<category><![CDATA[Statement of Activities]]></category>
		<category><![CDATA[Statement of Financial Position]]></category>
		<category><![CDATA[Statements of Financial Accounting Standards]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=315</guid>
		<description><![CDATA[Statements of Financial Accounting Standards (SFAS) 116 and 117 SFAS 116 underlies accounting for contributions received and contributions made. This statement requires that not-for-profit organizations distinguish between the contributions received that increase permanently restricted net assets, temporarily restricted net assets, and unrestricted net assets. In addition the statement requires that recognition of the expiration of [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/sfas-116-and-117-executive-summary/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Comprehensive Annual Financial Reporting</title>
		<link>http://www.phxaccountant.com/comprehensive-annual-financial-reporting/2010/06/</link>
		<comments>http://www.phxaccountant.com/comprehensive-annual-financial-reporting/2010/06/#comments</comments>
		<pubDate>Fri, 11 Jun 2010 14:37:20 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[CAFR]]></category>
		<category><![CDATA[Capital Assets]]></category>
		<category><![CDATA[Comprehensive Annual Financial Report]]></category>
		<category><![CDATA[Federal Government]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[GASB]]></category>
		<category><![CDATA[GASB 34]]></category>
		<category><![CDATA[Governmental]]></category>
		<category><![CDATA[Non-Profit]]></category>
		<category><![CDATA[Not-for-Profit]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=312</guid>
		<description><![CDATA[The purpose of CAFR: The purpose of CAFR (Comprehensive Annual Financial Report) is to report specific information to the different groups that use the financial report. As almost all non-profits are dependent on grants and public support, they must clearly define their primary activities and programs to report on a yearly basis the revenue and [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/comprehensive-annual-financial-reporting/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government and Not-for-Profit Accounting</title>
		<link>http://www.phxaccountant.com/government-and-not-for-profit-accounting/2010/06/</link>
		<comments>http://www.phxaccountant.com/government-and-not-for-profit-accounting/2010/06/#comments</comments>
		<pubDate>Fri, 11 Jun 2010 14:07:55 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Government / Not-for-Profit]]></category>
		<category><![CDATA[American Heart Association]]></category>
		<category><![CDATA[American Red Cross]]></category>
		<category><![CDATA[FASB]]></category>
		<category><![CDATA[GASB]]></category>
		<category><![CDATA[Goodwill Industries]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Non-Profit]]></category>
		<category><![CDATA[Not-for-Profit]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Small Business Administration]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=310</guid>
		<description><![CDATA[Examples of government / not-for-profit organizations: Examples of government / not-for-profit organizations include the American Red Cross – a humanitarian organization, the Small Business Administration – provider of support to small businesses, the American Heart Association – a voluntary health organization, the Goodwill Industries – provider of education, training, and career services, and even the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>QuickBooks®, Peachtree &amp; TurboTax Advisors</title>
		<link>http://www.phxaccountant.com/quickbooks-certified-proadvisor/2010/06/</link>
		<comments>http://www.phxaccountant.com/quickbooks-certified-proadvisor/2010/06/#comments</comments>
		<pubDate>Fri, 11 Jun 2010 04:31:13 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Accounting Software]]></category>
		<category><![CDATA[ProAdvisor]]></category>
		<category><![CDATA[QuickBooks]]></category>
		<category><![CDATA[QuickBooks Help]]></category>
		<category><![CDATA[Troubleshooting]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=296</guid>
		<description><![CDATA[Our accountants are QuickBooks®, Peachtree, and TurboTax advisors and are available to help you with your accounting software needs, including data entry, financial reports, inventory, and invoices...]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/quickbooks-certified-proadvisor/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Full Disclosure and Financial Statement Reporting</title>
		<link>http://www.phxaccountant.com/full-disclosure-and-financial-statement-reporting/2010/06/</link>
		<comments>http://www.phxaccountant.com/full-disclosure-and-financial-statement-reporting/2010/06/#comments</comments>
		<pubDate>Tue, 08 Jun 2010 18:47:49 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Auditor Notes]]></category>
		<category><![CDATA[Financial Statement Notes]]></category>
		<category><![CDATA[Financial Statement Reporting]]></category>
		<category><![CDATA[Forecasting Reports]]></category>
		<category><![CDATA[Full Disclosure]]></category>
		<category><![CDATA[Management Notes]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=292</guid>
		<description><![CDATA[Does full disclosure mean more than including notes to the financial statements? Full disclosure could very well entail providing additional reports, such as projection and forecasting reports, or perhaps an accompanying note from management that states personal views and analyses of particular areas. However, full disclosure does mean more than adding notes to financial statements. [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/full-disclosure-and-financial-statement-reporting/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Failure to Fully Disclose Balance Sheet Items</title>
		<link>http://www.phxaccountant.com/failure-to-fully-disclose-balance-sheet-items/2010/06/</link>
		<comments>http://www.phxaccountant.com/failure-to-fully-disclose-balance-sheet-items/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 20:44:39 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Balance Sheets]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Balance Sheet]]></category>
		<category><![CDATA[Bear Stearns]]></category>
		<category><![CDATA[Cash Flow Assumptions]]></category>
		<category><![CDATA[Enron]]></category>
		<category><![CDATA[Full Disclosure]]></category>
		<category><![CDATA[Sarbanes-Oxley Act]]></category>
		<category><![CDATA[SOX]]></category>
		<category><![CDATA[Tyco]]></category>
		<category><![CDATA[WorldCom]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=290</guid>
		<description><![CDATA[Ramifications associated with the failure to fully disclose items related to the balance sheet: There can be numerous ramification of failure to fully disclose items related to the balance sheet. For example, corporate records would be distorted, such as inventory counts, future cash flow assumptions would be imprecise, user judgment would be less than shrewd, [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/failure-to-fully-disclose-balance-sheet-items/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Revenue Recognition and Income Statements</title>
		<link>http://www.phxaccountant.com/revenue-recognition-and-income-statements/2010/06/</link>
		<comments>http://www.phxaccountant.com/revenue-recognition-and-income-statements/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 19:57:11 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Revenue Recognition]]></category>
		<category><![CDATA[Bear Stearns]]></category>
		<category><![CDATA[Department of Justice]]></category>
		<category><![CDATA[Financial Data]]></category>
		<category><![CDATA[Fines]]></category>
		<category><![CDATA[Income Statements]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[JPMorgan Chase]]></category>
		<category><![CDATA[Matthew Tannin]]></category>
		<category><![CDATA[Penalties]]></category>
		<category><![CDATA[Ralph Cioffi]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=286</guid>
		<description><![CDATA[Why is it important to properly recognize revenue when preparing income statements? It is important to properly recognize revenue when preparing income statements for a variety of reasons. Perhaps the most important reason is to ensure investors, potential investors, and other firm stakeholders are not misled when taking risks associated with the company. Whether a [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Revenue Recognition Methods and Policies</title>
		<link>http://www.phxaccountant.com/revenue-recognition-methods-and-policies/2010/06/</link>
		<comments>http://www.phxaccountant.com/revenue-recognition-methods-and-policies/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 18:29:55 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Revenue Recognition]]></category>
		<category><![CDATA[Alternative Revenue Recognition Methods]]></category>
		<category><![CDATA[Restatements]]></category>
		<category><![CDATA[Revenue]]></category>
		<category><![CDATA[Revenue Recognition Methods]]></category>
		<category><![CDATA[Revenue Recognition Policies]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=284</guid>
		<description><![CDATA[Why are there so many revenue recognition methods and why is it so subjective? There are multiple revenue recognition methods due to the diversification of products and services and the varying means at which they are marketed and sold. Problems associate with organization&#8217;s revenue recognition policies have caused the Securities and Exchange Commission (SEC) to [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/revenue-recognition-methods-and-policies/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Operating Leases Versus Capital Leases</title>
		<link>http://www.phxaccountant.com/operating-leases-versus-capital-leases/2010/06/</link>
		<comments>http://www.phxaccountant.com/operating-leases-versus-capital-leases/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 03:54:51 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Capital Lease]]></category>
		<category><![CDATA[Capitalization]]></category>
		<category><![CDATA[Declining-Balance Method]]></category>
		<category><![CDATA[Lease Agreement]]></category>
		<category><![CDATA[Lease Classification]]></category>
		<category><![CDATA[Lease Costs]]></category>
		<category><![CDATA[Operating Lease]]></category>
		<category><![CDATA[Straight-Line Method]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=282</guid>
		<description><![CDATA[The criteria for classifying a lease as operating or capital: Leases that do not transfer substantially all the benefits and risks of ownership are operating leases. The criteria for capitalization of leases are as follows: first, it is considered inappropriate to capitalize any leased assets; second, leases should be capitalized that are similar to installment [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/operating-leases-versus-capital-leases/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Current Liability or Long-Term Liability?</title>
		<link>http://www.phxaccountant.com/current-liability-or-long-term-liability/2010/06/</link>
		<comments>http://www.phxaccountant.com/current-liability-or-long-term-liability/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 03:17:54 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Liabilities]]></category>
		<category><![CDATA[Accounts Payable]]></category>
		<category><![CDATA[Classifying Liabilities]]></category>
		<category><![CDATA[Current Liabilities]]></category>
		<category><![CDATA[Income Taxes Payable]]></category>
		<category><![CDATA[Long-Term Debt]]></category>
		<category><![CDATA[Long-Term Liabilities]]></category>
		<category><![CDATA[Maturities]]></category>
		<category><![CDATA[Notes Payable]]></category>
		<category><![CDATA[Operating Cycle]]></category>
		<category><![CDATA[Sales Taxes Payable]]></category>
		<category><![CDATA[Short-Term Debt]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=280</guid>
		<description><![CDATA[The criteria for classifying an item as a current liability: The criteria for classifying an item as a current liability is an item that is expected to require the use of an existing resource, otherwise known as a current asset, such as cash, within the firm’s regular operating cycle (usually within a year). Examples of [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/current-liability-or-long-term-liability/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Accounting for Research and Development Costs</title>
		<link>http://www.phxaccountant.com/accounting-for-research-and-development-costs/2010/06/</link>
		<comments>http://www.phxaccountant.com/accounting-for-research-and-development-costs/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 02:42:46 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Research & Development]]></category>
		<category><![CDATA[Amortization]]></category>
		<category><![CDATA[Equipment]]></category>
		<category><![CDATA[Fair Market Value]]></category>
		<category><![CDATA[Goodwill]]></category>
		<category><![CDATA[Intangible Assets]]></category>
		<category><![CDATA[Plant]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[R&D]]></category>
		<category><![CDATA[Tangible Assets]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=278</guid>
		<description><![CDATA[Are research and development costs expensed? Research and development costs are expensed because the funds are used to create intangible assets, and costs incurred internally to create intangibles are generally expensed. The reason for this is because the costs incurred internally to create intangibles bears no relationship to their real value. Is this consistent with [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/accounting-for-research-and-development-costs/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Methods Used to Calculate Depreciation</title>
		<link>http://www.phxaccountant.com/methods-used-to-calculate-depreciation/2010/06/</link>
		<comments>http://www.phxaccountant.com/methods-used-to-calculate-depreciation/2010/06/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 01:58:01 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Activity Method]]></category>
		<category><![CDATA[Declining-Balance Method]]></category>
		<category><![CDATA[Decreasing Charge Method]]></category>
		<category><![CDATA[Straight-Line Method]]></category>
		<category><![CDATA[Sum-of-the-Years Digits Method]]></category>
		<category><![CDATA[Units-of-Production Method]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=272</guid>
		<description><![CDATA[The different methods used to calculated depreciation: There are several different methods used to calculate depreciation. The activity method, also referred to as the units-of-production method, depreciates assets as a function of productivity, instead of the passage of time. The straight-line method, unlike the activity method, depreciates assets as a function of time; calculated by [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/methods-used-to-calculate-depreciation/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Estimating Bad Debt and the Effect on Net Income</title>
		<link>http://www.phxaccountant.com/estimating-bad-debt-and-the-effect-on-net-income/2010/06/</link>
		<comments>http://www.phxaccountant.com/estimating-bad-debt-and-the-effect-on-net-income/2010/06/#comments</comments>
		<pubDate>Sat, 05 Jun 2010 20:59:05 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Revenue Recognition]]></category>
		<category><![CDATA[Account Receivable]]></category>
		<category><![CDATA[Bad Debts]]></category>
		<category><![CDATA[Estimating Bad Debt]]></category>
		<category><![CDATA[Misstatement]]></category>
		<category><![CDATA[Net Income]]></category>
		<category><![CDATA[Overstated]]></category>
		<category><![CDATA[Trade Receivables]]></category>
		<category><![CDATA[Understated]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=270</guid>
		<description><![CDATA[The different ways to estimate bad debt: Some of the different ways that companies choose to estimate bad debt include: using past years bad debt amounts, general economic conditions, the amount of time receivables are past due, and other factors associated with not being able to collect the funds. How does this affect net income [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/estimating-bad-debt-and-the-effect-on-net-income/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Perpetual and Periodic Inventory Systems</title>
		<link>http://www.phxaccountant.com/perpetual-and-periodic-inventory-systems/2010/06/</link>
		<comments>http://www.phxaccountant.com/perpetual-and-periodic-inventory-systems/2010/06/#comments</comments>
		<pubDate>Sat, 05 Jun 2010 20:06:57 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Inventorying]]></category>
		<category><![CDATA[Cost of Goods Sold]]></category>
		<category><![CDATA[Inventory]]></category>
		<category><![CDATA[Periodic Inventory System]]></category>
		<category><![CDATA[Perpetual Inventory System]]></category>
		<category><![CDATA[Purchases]]></category>
		<category><![CDATA[Wal-Mart]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=268</guid>
		<description><![CDATA[The perpetual method of tracking inventory: The perpetual method for tracking inventory is a continuous tracking method that records all purchases and sales as they occur. The following are accounting features of a perpetual inventory system: The purchase of raw materials for production, or merchandise for resale, is debited to Inventory (rather than to Purchases). [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/perpetual-and-periodic-inventory-systems/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Operating Activities and the Statement of Cash Flows</title>
		<link>http://www.phxaccountant.com/operating-activities-and-the-statement-of-cash-flows/2010/06/</link>
		<comments>http://www.phxaccountant.com/operating-activities-and-the-statement-of-cash-flows/2010/06/#comments</comments>
		<pubDate>Thu, 03 Jun 2010 03:36:12 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Statement of Cash Flows]]></category>
		<category><![CDATA[Cash Inflows]]></category>
		<category><![CDATA[Cash Outflows]]></category>
		<category><![CDATA[Dividends]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Future Cash Flows]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Operating Activities]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=263</guid>
		<description><![CDATA[Why do operating activities appear first on the statement of cash flows? Operating activities are presented first on the statement of cash flows because of the importance that net cash has on the usefulness of the financial statement. One of the main objectives of a statement of cash flows is to help investors, and other [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Components of Pension Expense and Interest Rates</title>
		<link>http://www.phxaccountant.com/components-of-pension-expense-and-interest-rates/2010/06/</link>
		<comments>http://www.phxaccountant.com/components-of-pension-expense-and-interest-rates/2010/06/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 04:17:49 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Actual Returns]]></category>
		<category><![CDATA[Amortization]]></category>
		<category><![CDATA[Benefit Plans]]></category>
		<category><![CDATA[Gain]]></category>
		<category><![CDATA[Interest on Liability]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Loss]]></category>
		<category><![CDATA[Pension Expense]]></category>
		<category><![CDATA[Pension Plans]]></category>
		<category><![CDATA[Service Cost]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=255</guid>
		<description><![CDATA[The components of pension expense: The components of pension expense include: (i) service cost – the increase in the projected benefit obligation to employees, due to services rendered during the current year; (ii) interest on the liability – interest accrued each year on the projected benefit obligation; (iii) Actual return on plan assets – return [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Benefits of Net Operating Losses</title>
		<link>http://www.phxaccountant.com/tax-benefits-of-net-operating-losses/2010/06/</link>
		<comments>http://www.phxaccountant.com/tax-benefits-of-net-operating-losses/2010/06/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 03:14:25 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Deferred Tax Asset]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Income Statement]]></category>
		<category><![CDATA[Loss Carryback]]></category>
		<category><![CDATA[Loss Carryforward]]></category>
		<category><![CDATA[Net Operating Losses]]></category>
		<category><![CDATA[Tax Benefits]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=253</guid>
		<description><![CDATA[The tax benefits of net operating losses (NOL) are disclosed on financial statements by: The tax benefits of net operating losses are disclosed on financial statements in either one of two methods. The first is the Loss Carryback approach, which allows a company to carry the net operating loss back two years and receive refunds [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Does Taxable Income and Financial Income Differ?</title>
		<link>http://www.phxaccountant.com/how-does-taxable-income-and-financial-income-differ/2010/06/</link>
		<comments>http://www.phxaccountant.com/how-does-taxable-income-and-financial-income-differ/2010/06/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 22:35:23 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Financial Income]]></category>
		<category><![CDATA[Future Pretax Financial Income]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[Pretax Sum]]></category>
		<category><![CDATA[Tax Liability]]></category>
		<category><![CDATA[Taxable Income]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=251</guid>
		<description><![CDATA[Differences between taxable and financial income: The main difference between taxable income and financial income is that financial income is reported as a pretax sum, specifically for users of financial statements – investors and creditors; while taxable income is a sum used to indicate the amount used to compute income tax payable according to IRS [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/how-does-taxable-income-and-financial-income-differ/2010/06/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Classifications of Investments and Financial Statement Impact</title>
		<link>http://www.phxaccountant.com/classifications-of-investments-and-financial-statement-impact/2010/06/</link>
		<comments>http://www.phxaccountant.com/classifications-of-investments-and-financial-statement-impact/2010/06/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 19:25:44 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Financial Reports]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Available-for-Sale Securities]]></category>
		<category><![CDATA[Classification of Investments]]></category>
		<category><![CDATA[Fair Market Value]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Held-to-Maturity Securities]]></category>
		<category><![CDATA[Trading Securities]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=249</guid>
		<description><![CDATA[How do the various classifications of investments impact financial statements? Different forms of investments can impact financial statements in various ways. For example, held-to-maturity securities will not increase the volatility of reported earnings or reported capital; whereas trading securities and available-for-sale securities will. Available-for-sale securities are reported at fair value on the balance sheet, but [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Keeping Paid-in Capital Separate from Earned Capital</title>
		<link>http://www.phxaccountant.com/keeping-paid-in-capital-separate-from-earned-capital/2010/05/</link>
		<comments>http://www.phxaccountant.com/keeping-paid-in-capital-separate-from-earned-capital/2010/05/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 05:08:12 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Revenue Recognition]]></category>
		<category><![CDATA[Basic EPS]]></category>
		<category><![CDATA[Capital Stock]]></category>
		<category><![CDATA[Diluted EPS]]></category>
		<category><![CDATA[Dilutive Common Shares]]></category>
		<category><![CDATA[Dilutive Securities]]></category>
		<category><![CDATA[Earned Capital]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Owner's Equity]]></category>
		<category><![CDATA[Paid-in Capital]]></category>
		<category><![CDATA[Stockholders]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=246</guid>
		<description><![CDATA[What is owner&#8217;s equity? Owners’ equity refers to the interest that common stockholders and preferred stockholders have in a company. Stockholders are individuals who have paid-in capital to a company to provide funding intended to be used for operations of the business. Below is a discussion of the importance of keeping paid-in capital separate from [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Purpose of Derivative Instruments</title>
		<link>http://www.phxaccountant.com/the-purpose-of-derivative-instruments/2010/05/</link>
		<comments>http://www.phxaccountant.com/the-purpose-of-derivative-instruments/2010/05/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 04:28:03 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Bonds]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Derivative Gains]]></category>
		<category><![CDATA[Derivative Instruments]]></category>
		<category><![CDATA[Financial Assets]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Stock Composite]]></category>
		<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Traditional Instruments]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=244</guid>
		<description><![CDATA[The differences between traditional and derivative instruments: The main difference between traditional and derivative instruments is that derivatives are traded on forward markets. The term derivative means to derive a value from financial assets i.e. stocks, bonds, or commodities; or from indices i.e. interest rates, stock composite, and/or price indices. Why do companies use derivative [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is the Benefit of Offering Stock Options?</title>
		<link>http://www.phxaccountant.com/what-is-the-benefit-of-offering-stock-options/2010/05/</link>
		<comments>http://www.phxaccountant.com/what-is-the-benefit-of-offering-stock-options/2010/05/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 04:02:55 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Financial Accounting]]></category>
		<category><![CDATA[After-tax Benefit]]></category>
		<category><![CDATA[After-tax Cost]]></category>
		<category><![CDATA[Business Operations]]></category>
		<category><![CDATA[Issuing Stock]]></category>
		<category><![CDATA[Net Income]]></category>
		<category><![CDATA[Retained Earnings]]></category>
		<category><![CDATA[Stock Options]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=241</guid>
		<description><![CDATA[A company will offer stock options when: The main reason for a company to offer stock is to gain capital (raise money) intended to be used in the operations of the business. The biggest benefit to a company, when issuing stock, is that the company doesn’t have to pay back the funding; like it would [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/what-is-the-benefit-of-offering-stock-options/2010/05/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Purpose and Benefits of a Stock Split</title>
		<link>http://www.phxaccountant.com/the-purpose-and-benefits-of-a-stock-split/2010/05/</link>
		<comments>http://www.phxaccountant.com/the-purpose-and-benefits-of-a-stock-split/2010/05/#comments</comments>
		<pubDate>Sun, 30 May 2010 19:53:22 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Company Ownership]]></category>
		<category><![CDATA[Fair Market Value]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Price Per Share]]></category>
		<category><![CDATA[Public Relations]]></category>
		<category><![CDATA[Shareholders]]></category>
		<category><![CDATA[Stock Split]]></category>
		<category><![CDATA[Stockholders]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=224</guid>
		<description><![CDATA[The purpose and benefits of a stock split: The main purpose of a stock split is to widen ownership of a company’s stock. When a stock splits, it reduces the market price per share, which entices new investors. The benefit of creating more shares at a lower price per share is that more investors will [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Common Stock or Preferred Stock?</title>
		<link>http://www.phxaccountant.com/common-stock-or-preferred-stock/2010/05/</link>
		<comments>http://www.phxaccountant.com/common-stock-or-preferred-stock/2010/05/#comments</comments>
		<pubDate>Thu, 20 May 2010 00:11:36 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Common Stock]]></category>
		<category><![CDATA[Dividends]]></category>
		<category><![CDATA[Fixed Rate of Return]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[Preferred Stock]]></category>
		<category><![CDATA[Shareholders]]></category>
		<category><![CDATA[Stockholders]]></category>
		<category><![CDATA[Voting Rights]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=215</guid>
		<description><![CDATA[Similarities and Differences Between Common Stock and Preferred Stock: Similarities between common stock and preferred stock are that shareholders both contribute capital, intended for use in the company&#8217;s business activities, and both forms of stock receive dividends. Differences can vary greatly depending on the entitlements and restrictions associated with the terms of the stock purchase. [...]]]></description>
		<wfw:commentRss>http://www.phxaccountant.com/common-stock-or-preferred-stock/2010/05/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Tax Planning Services</title>
		<link>http://www.phxaccountant.com/tax-planning-services/2010/04/</link>
		<comments>http://www.phxaccountant.com/tax-planning-services/2010/04/#comments</comments>
		<pubDate>Wed, 28 Apr 2010 17:46:14 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Practices]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Federal Income Tax]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Income Tax Return]]></category>
		<category><![CDATA[Income Tax Savings]]></category>
		<category><![CDATA[Tax Planning]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=196</guid>
		<description><![CDATA[We closely follow reliable and proven tax planning principles, including (i) shaping the plan to the client’s needs and desires, (ii) keeping sufficient records, (iii) forecasting the effect of future events, basing the plan on sound legal advice, (iv) supporting the plan with a sound business purpose, (v) not carrying a good plan too far, (vi) making the plan flexible, (vii) integrating the tax plan with other factors in decision making, (viii) conducting research to learn whether a similar plan has previously proved unsuccessful (i.e. a prior court case with similar circumstances where a decision may have been in favor of the IRS’s position), (ix) considering the maximum risk exposure to the client...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Financial Statement Preparation</title>
		<link>http://www.phxaccountant.com/financial-statement-preparation/2010/04/</link>
		<comments>http://www.phxaccountant.com/financial-statement-preparation/2010/04/#comments</comments>
		<pubDate>Sat, 24 Apr 2010 02:28:02 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Practices]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Arizona Small Business]]></category>
		<category><![CDATA[Balance Sheet]]></category>
		<category><![CDATA[Cash Flow Statement]]></category>
		<category><![CDATA[Corporate Financial Statement Preparation]]></category>
		<category><![CDATA[Financial Statements]]></category>
		<category><![CDATA[Income Statement]]></category>
		<category><![CDATA[Statement of Retained Earnings]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=97</guid>
		<description><![CDATA[Jacobsen &#38; Wachterhauser, PLC is dedicated to providing corporations and small business owners with accurate financial statement preparation and analysis services. We prepare all forms of financial statements for Arizona businesses, including all standard documents, such as income statements, cash flow statements, balance sheets, and statements of retained earnings. Financial statement preparation is conducted by a CPA and we guarantee the highest quality of work to ensure an accurate and precise representation of your financial...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Income Tax Preparation</title>
		<link>http://www.phxaccountant.com/income-tax-preparation/2010/04/</link>
		<comments>http://www.phxaccountant.com/income-tax-preparation/2010/04/#comments</comments>
		<pubDate>Fri, 23 Apr 2010 22:29:39 +0000</pubDate>
		<dc:creator>Jacobsen &#38; Wachterhauser, PLC</dc:creator>
				<category><![CDATA[Practices]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Arizona Income Tax]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[Federal Income Tax]]></category>
		<category><![CDATA[Income Taxes]]></category>
		<category><![CDATA[Individual]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Tax Preparation]]></category>

		<guid isPermaLink="false">http://www.phxaccountant.com/?p=54</guid>
		<description><![CDATA[Jacobsen &#38; Wachterhauser, PLC offers you fast and accurate federal and state income tax preparation services. Our friendly and knowledgeable Arizona income tax professionals make customer service a top priority, guaranteeing client satisfaction. We can get your income tax refund processed and returned to you faster via e-filing. Our standard income tax returns, prepared by CPAs, are more precise and even cost less than similar services offered by national tax preparation companies, such as Liberty Tax or H&#38;R Block. We are always available to assist you. Our offices are conveniently located in the Camelback area, contact us to schedule a consultation...]]></description>
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