Purpose:
To give America's future
a better chance to succeed
than our forefathers
gave our parents
and our parents gave us. Greensboro CPA CPE "What Could Happen
After What May Happen Next"
September 21, 2010
8:30am to 4:15pm
Drury Inn & Suites,
Greensboro, NC
 $100, 8 Hour CPA CPE "What Could Happen
After What May Happen Next"
September 9, 2010
8:15am to 4:30pm
Days Inn, Raleigh-Airport Research Triangle Park
1000 Airport Drive
Morrisville, NC
$100, 8 Hour CPA CPE "What Could Happen
After What May Happen Next"
September 2, 2010
8:15am to 4:30pm
Drury Inn & Suites,
415 W. T Harris Boulevard
Charlotte, NC
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You are cordially invited to an Eight Hour,
Intermediate / Advanced CPA CPE Workshop entitled:
What Could Happen
After What May Happen Next
Critical analysis and debate for CPAs
in public accounting and industry.
Topics: An overview of current geopolitical and economic events, North Carolina and local municipal budget and finance highlights, America and the States, Bailout, [...]
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July 20th, 2010 | Tags: Accounting Ethics, CPA Continuing Education, Debt, Economic Ethics, Financial Ethics, Generational Ethics, Greensboro, Guilford County, North Carolina, Political Ethics, Risk and Return, Tax EthicsThe Laffer Curve, anyone know what this says?
It says that at this point on the revenue curve
you will get exactly the same amount of revenue as at [...]
Whatever failures I have known, whatever errors I have committed
whatever follies I have witnessed…
have been the consequence of action without thought
Bernard Baruch
American financier, and presidential advisor
Summary of Revenues, Expenditures, and Changes in Fund Balances
Fy 2010 – 2011 Proposed Guilford County Budget: Page 18
FY 2010-11 TOTAL Expenditures $586,299,343
.
Beginning Fund Balance [...]
People do not like to think
If one thinks, one must reach conclusions
Conclusions are not always pleasant
Helen Keller
Summary of Revenues, Expenditures, and Changes in Fund Balances
Fy 2010 – 2011 Proposed Guilford County Budget
Page 18
FY 2009-10 Beginning Fund Balance $ 181,035,639
FY 2010-11 Ending Fund Balance* -$ 91,178,439
[...]
Summary of Revenues, Expenditures, and Changes in Fund Balances
Fy 2010 – 2011 Proposed Guilford County Budget
Page 19 Amended Proposed Change vs. Adopted
FY 2009-10 FY 2010-11 $ %
TOTAL Expenditures $ 596,945,277 $ 568,900,000 $ (17,210,932) -2.9%
Page 18 Amended Proposed Change vs. Adopted
FY 2009-10 FY 2010-11 $ %
TOTAL Expenditures $ 622,179,667 $ 586,299,343 $ (25,045,979) -4.1%
We can ignore reality
but we cannot ignore the consequences of ignoring reality
Ayn Rand
NC forecasters expect 2 percent revenue shortfall
Tax forecasters estimate North Carolina will collect about 2 percent less revenue than first predicted this year.
The Legislature and budget office experts say the state will take in $391 million less than expected [...]
N.C. faces $500 million shortfall: The final figure might be much higher as income and sales tax collections trail legislative projections.
Top lawmakers say North Carolina will come up $500 million short of its $19 billion budget by the end of June.
“It would not surprise me if it hit $600(million) or $700million,” said Sen. David Hoyle, [...]
Chart Via Business Insider
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If some lose their whole fortunes, they will drag many more down with them.
If those revenues are destroyed,
our whole system of credit will come down with [...]
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