Job Description:
The Controller provides both operational and programmatic
support to the organization. . The Conroller
reports directly to the President and is responsible for all
strategic and tactical matters as they relate to budget management,
cost benefit analysis, forecasting needs and the securing of new
funding.
Our client provides survey, energy analysis and design of
lighting systems to companies across the U.S.
Duties and Responsibilities:
- Assist in performing all tasks necessary to...
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Hiring should be done at the right
time (... obviously). But when is the right time
to hire new employees?
Here are a couple of questions to answer to help determine if now
is the right time to bring on additional talent:
1. Am
I, my department managers, or staff working too many hours that it
is affecting their quality of life?
2. Are
my customers being serviced the way I want them to be?
3. Do
you we have enough people to support this new client/project?
4. Am I
anticipating someone...
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CLEVELAND, Ohio – Skoda Minotti, a CPA,
business and financial advisory firm, has been named a recipient of
The Plain Dealer’s second annual Top Workplaces 2011 award, for the
second year in a row. This honor was given to 132 companies,
nonprofits and agencies in northeast Ohio companies this year,
based strictly on survey results of their employees.
Survey results were gathered using an independent workplace
consultant. Employees were asked to indicate, on a seven-point
scale, how much they...
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CLEVELAND – Skoda Minotti, a CPA, business and
financial advisory firm with offices in Cleveland and Akron, has
been named a recipient of the 2011 Leading EDGE Award. Presented by
Crain’s Cleveland Business and The Entrepreneur’s
EDGE, this award recognizes companies that have consistently
generated value to the Northeast Ohio economy over the past three
years.
Uniquely positioned to provide business and financial advisory
services to companies of differing sizes and industries...
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CLEVELAND – Skoda Minotti, a CPA, business and
financial advisory firm, with offices in Cleveland and Akron, has
recently received federal and state recognition for demonstrating
leadership and policies that support employee participation in the
National Guard and Reserve. Doug Lundblad, client network engineer
in Skoda Minotti’s Technology
Services Group, serves as First Sergeant for Company B, 1st-
145th Armor Regiment of the Ohio Army National Guard.
On a national level, the firm has been...
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CFO Job Description:
The Chief Financial Officer (CFO) provides both operational and
programmatic support to the organization. The CFO supervises
the finance unit and is the chief financial spokesperson for the
organization. The CFO reports directly to the President and
is responsible for all strategic and tactical matters as they
relate to budget management, cost benefit analysis, forecasting
needs and the securing of new funding.
CFO Duties and Responsibilities:
- Assist in performing all tasks...
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CLEVELAND – Skoda Minotti’s Professional Staffing
Group is pleased to announce that it has expanded its professional
staffing services. The group now provides services for contract,
direct hire or term-to-hire positions, ranging from staff level to
C-level executives, within the following areas of
specialization:
accounting
and finance,
C-level executives,
engineering,
human
resources,
information technology and
sales and marketing.
Leading the newly expanding service offerings is Andrew...
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April 13, 2011 – CLEVELAND –
Skoda Minotti, a CPA, business and financial advisory firm with
offices in Cleveland and Akron, is pleased to announce that Robert
D. Coode has been appointed to the Lake Health Foundation Board of
Trustees.
Lake Health Foundation is the philanthropic affiliate of Lake
Health. On behalf of the health system, the Foundation accepts
contributions of cash and appreciated property. Donations are used
to enhance patient care, including the support of projects that
improve...
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Click
here to view Part 1 of our series and learn more about the
stock option landscape or Part 2 to learn more about the
accounting and tax ramifications of issuing stock
options.
What To Do?
As
discussed above, there are significant risks that a company brings
upon itself if it decides to issue stock options without properly
valuing the options and the equity of the company. Rather than
issuing stock options, if a company wants to offer an employee the
opportunity to obtain an ownership...
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Accounting and Tax
Ramifications of Issuing Stock Options
Click
here to view Part 1 of our series and learn more about the
stock option landscape.
To give
you more perspective, first let us review the accounting treatment
for the issuance of stock options (rest easy - this will not be too
painful). When stock options are issued, an expense must be
recorded based on the value of the option. A stock option’s
value is derived from a variety of factors, two of which are the
value of the stock as of...
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When
selling your home, it is common to use an agent to list, promote
and show the property. In exchange, you pay a portion of the
sales price as a commission to the agent. The benefits of
using an agent include: 1) the listing of your home in a database
so that homebuyers can access information about it; 2) the agent
acting as your middleman during the negotiation process; and 3) the
incentive it gives the agent to sell your home quickly (so that her
or she can earn their commission).
Some
peop...
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Business owners are often so busy on the job site or crunching
numbers that they don't have the time or wherewithal to market
themselves online. Often what they did learn about PR has evolved
ten-fold in the past decade. At
Skoda
Minotti, Cleveland marketing services include social media
and search engine optimization. These are two brand new PR methods
that the most seasoned of public relations professionals learned
nothing about in college.
Many online services like Facebook and blogging were...
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It's like a game of hide and seek for wealthy Americans.
In 2001, the Internal Revenue Service estimated that Americans owed
$345 billion more in tax than they paid, or about 14% of federal
revenues from fiscal year 2001. Where were these tax dollars
hiding? The U.S. government is betting a good portion is
hiding in the Swiss Alps.
In an unprecedented move, the Swiss Justice Department agreed to disclose the names of 4,450
UBS account-holders from 2001 to 2008 that contained more than...
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In
today’s economy, it is crucial to keep good tenants. The
following nine points will help you maintain maximum occupancy in
an uncertain environment:
-
Understand the tenant’s
business. Research
their industry so you can credibly talk about their business, and
make them feel that you understand their concerns in today's
economic conditions.
-
Respond reasonably to rent relief or
downsizing. This
entails a two-step process consisting of listening to the request,
and then formulating a personal...
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Sports Sponsorships – Inside the
Lines
With
the economic downturn hitting the sports world just as hard as any
other business –
just ask the hometown Cleveland Indians – teams are looking to
squeeze out any extra bit of possible revenue.
Walk
into any professional sports stadium today and you’ll immediately
be bombarded by advertising in a variety of different formats. In
fact, it might seem that you see ads everywhere except for on the
field. That is, unless you attend certain NFL training...
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Many companies are unaware of their obligation to obtain a use
tax account and self remit use tax on a regular basis.
Companies should review their purchases for potential risk to use
tax. Reviewing a company's use-tax exposure is a specialized
service tax we are able to offer to our clients.
Who does use tax affect?
Purchasers of tangible personal property or taxable services that
are consumed, used or stored in Ohio can be subject to use tax when
a vendor does not charge sales tax. However,...
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Unfortunately, the downturn in the economy has effected many
not-for-profit organizations that provide invaluable services to
numerous communities and individuals. For some of these
organizations, management has thrown its hands in the air,
determined that they just cannot provide these services anymore,
and closed their doors.
A recent survey of about 100 not-for-profit organizations indicated
that about 90% of those organizations have been directly affected
by the downturn in the economy, some...
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A
business valuation is a just a business valuation – isn’t
it? This would be akin to saying that a steak is just a steak
when, in fact, there are ribeyes, strips, sirloins, and filets
(just to name a few). Likewise, business valuations come in
two distinct “flavors” – conclusions of value and calculations of
value.
As of
January 1, 2008, valuation analysts who hold either the Certified
Valuation Analyst (CVA) credential supported by the National
Association of Certified Valuation Analysts or...
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That’s
right. State officials now say that California’s financial
situation is so serious that many taxpayers may receive IOUs
instead of refunds for state taxes. Warnings of delayed tax
refunds and warrants
started as early as January, 2009.
The
State of California is planning on issuing warrants instead of
refund checks. A warrant is issued by a government agency
when they are unable to pay currently and are redeemable at some
point in the future, usually with interest. Only once since
the...
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This
week is our final update in our series on the changing rules and
regulations and their impact on employee benefit plan
audits.
This
week’s topic:
2009 Cost of
Living Adjustments for Qualified Retirement Plans
The Internal Revenue
Service announced cost-of-living adjustments applicable to dollar
limitations for pension plans and other items for tax year
2009.
Click here for
more of this article.
For more information
on
employee benefit plan audits, please leave a
comment below, or contact Dani...
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