November 28, 2011 – CLEVELAND
– Skoda Minotti, a CPA, business and financial advisory firm,
is proud to announce that Michael Trabert, CPA, CVA, CMAP, CEPA
recently earned the Certified Exit Planning Advisor (CEPA)
designation, after completing the Institute’s intensive CEPA
program. With this designation, Trabert joins an exclusive group of
business advisors worldwide who have received this credential.
Leading Skoda Minotti’s Exit
Planning Services Group, Trabert helps clients by creating...
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August 30, 2011 – CLEVELAND – The Marketing
Services Group at Skoda Minotti is pleased to announce that online
marketing manager, Robert C. Goricki has successfully fulfilled the
requirements needed to become a Certified Search Engine Marketer
(SEM), as presented by the Search Engine Marketing Professional
Organization (SEMPO).
Achieving Certified SEM status validates that Goricki understands
and adheres to the search marketing industry’s resources, best
practices and standards. The certification...
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Summary of Responsibilities
- Responsible for managing the collection of outstanding
receivables and the allocation of cash received from tenants,
establishes and maintains bad debt reserves, and the credit
analysis process.
About the company:
- Our client is a publicly traded real estate investment
firm.
Essential Functions:
- Manages the collection of deliquent accounts to minimize
losses.
- Work closely with other other departments to resolve
unpaid balances.
- Work closely with Legal department to process...
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Job Opening Title: Senior Corporate
Accountant
Position Summary: Prepare monthly financial
reporting, and quarterly and annual preparation for external
reporting requirements, including assistance and coordination with
external auditors.
Job
Description:
- Prepare initial formats of quarterly press release, 10-Q,
annual report, 401K statements and other required filings, and
assists with final documents.
- Assists in quarterly and year-end audit process.
- Prepares and analyzes financial...
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December 20, 2011 – CLEVELAND – Skoda Minotti,
a CPA, business and financial advisory firm, is pleased to announce
that Michael Trabert, CPA, CVA, CMAP, a partner with Skoda
Minotti’s Transaction Advisory Services Group has recently earned
the Chartered Merger & Acquisition Professional (CMAP)
credential, awarded by the Middle Market Investment Banking
Association (MMIBA) and endorsed by the National Association of
Certified Valuation Analysts (NACVA).
MMIBA is an organization established to...
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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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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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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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The Magis Advisory Group of John Carroll University is offering a
seminar providing continuing legal education credits for attorneys,
continuing education credits for certified financial planners, and
continuing professional education credits for certified public
accountants in estate planning, advanced planning for the family
owned business and business and asset valuation.
Our own Robert A Ranallo, CPA/ABV, JD, CVA, CFF, will be presenting
the "Business and Asset Valuation" session on Friday,...
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“Corporate Vigilance in Desperate Times” was the
title of a presentation I made to a group of corporate controllers
on behalf of the Ohio Society of Certified Public
Accountants.
It’s
hard not to pick up a newspaper these days and see dismal economic
results. The next article discusses employee
layoffs. “Happy Days Are Here Again” will not be heard on your
car radio on the way home. And once home, chances are that you
don’t want to look at your stock portfolio or 401k statement that
came in the...
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For an Ohio small business looking for additional
funding to grow its employment force, the Small Business Linked
Deposit Program may be an enticing option.
The program, which is run through the Ohio Treasurer,
provides reduced rate loans to businesses that use the funds to
create new, full-time jobs. One full-time equivalent job must be
created or saved for every $50,000 requested. A maximum of $400,000
may be requested.
The loan is a two-year loan with a possible two-year
renewal if all...
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