CalCPA Daily Clips
CalCPA Daily Clips is a great member service that allows you to stay informed, while saving you Each weekday morning, CalCPA scours major media sources and e-mails members headlines Daily Clips is a benefit of membership. If you are not a member, join CalCPA today to begin Sample issue:CalCPA Daily Clips Monday, Nov. 14, 2005 /-------------- Today's Sponsor ------------------- Community Foundations: For good. For ever. Your clients want to give back to the community. They need to meet year-end tax deadlines. You can help. http://www.forgoodforeverCA.org/ads/refr_calcpa_dc.html ---------------------------------------------------------------------- CALIFORNIA Massive State Bond Possible Coming off a losing campaign to curb state spending, Gov. Arnold Schwarzenegger is promoting a statewide public works program that may be financed by a bond sale so large it would dwarf previous state borrowings. http://www.latimes.com/news/local/la-me-sacto14nov14,1,3112367.story?coll=la- headlines-california or Los Angeles Times: http://makeashorterlink.com/?Z6304382C REGULATORY SEC's Cox Defends Dual Regulators in Some Cases Securities and Exchange Commission Chairman Christopher Cox on Friday said he's open to the idea of combining some regulatory units, but stopped short of endorsing the idea saying that some duplication is necessary. http://accounting.smartpros.com/x50633.xml ---- SEC Looking at Backdated Options Grants Backdating is not illegal, but it does boost gains and could signal disclosure problems. http://www.cfo.com/article.cfm/5157183/c_5157587?f=home_todayinfinance BUSINESS Credit Card Hoppers, Bad Debts Hurt Issuer Margins-Report Many credit card issuers are seeing their profit margins shrink -a trend that could push them to introduce annual fees, says an annual report on the industry by PriceWaterhouseCoopers released Monday. http://online.wsj.com/article/BT-CO-20051113-002890.html?mod=INDUSTRY ---- Insurers turning to 'consumer-driven' care to curb health costs The future of health coverage may look more like the Home Shopping Network than "E.R." A fast-growing trend known as consumer-driven health care aims to curb the soaring cost of health insurance by offering tailor-made coverage and increasing deductibles to make patients choosier about doctors, drugs and hospitals. http://www.mercurynews.com/mld/ mercurynews/news/local/states/california/northern_california/13164315.htm ---- Fast-Growth Companies Undaunted by Katrina, PwC Finds Hurricane Katrina dampened optimism about the domestic economy, but did not negatively impact goals and expectations of the nation's fastest-growing private companies. Despite tumultuous business conditions, fast-growth CEOs are expecting solid results. Surveyed CEOs continue to project more-robust revenue growth, hiring, and investments than a year ago. http://accounting.smartpros.com/x50605.xml PERSONAL FINANCE Card-carrying kids The tricycle and training-wheel set are joining the clamor for what has become the winter holiday's perennial top seller, and their parents are listening. http://www.sacbee.com/content/business/story/13849018p-14688972c.html ---- Six Months of Emergency Cash? Get Real. http://online.wsj.com/article/SB113184595155495825.html?mod=COLUMN ---- Lynn O'Shaughnessy: New Roth 401(k) looks dandy, but few can play http://www.signonsandiego.com/news/business/shaughnessy/20051113-9999- 1b13lynn.htmlor San Diego Union-Tribune: http://makeashorterlink.com/?Z3EF2272C ---- When it comes to numbers about ID theft, beware the hype http://www.signonsandiego.com/news/nation/20051113-0923-identitytheft-numbers.html or San Diego Union-Tribune: http://makeashorterlink.com/?Y5002582C ---- Judges' Inaction, Inattention Leave Many Seniors at Risk http://www.latimes.com/news/local/la-me-conserve14nov14,1,428975.story?coll=la- headlines-california or Los Angeles Times: http://makeashorterlink.com/?B2501582C ---- A plan you can stick to is essential when paying off debt http://www.ocregister.com/ocregister/money/moneysmarts/article_765159.php or Orange County Register: http://makeashorterlink.com/?M1901582C ---- Thinking ahead on tuition To help parents -- and generous grandparents -- cope with the soaring cost of higher education, a consortium of private colleges is offering a savings plan that guarantees tomorrow's tuition at slightly less than today's rates. http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2005/11/13/BUGM8FMGB31. DTL or San Francisco Chronicle: http://makeashorterlink.com/?G1122182C TAX GAO: Challenges Remain in IRS Financial Controls http://www.webcpa.com/article.cfm?articleid=16238 EDITORIAL Dan Walters: As status quo remains intact, so does chronic budget gap When California voters rejected, by a strong 3-2 majority, Gov. Arnold Schwarzenegger's budget reform measure last week, it left the fiscal status quo intact -- and that means that the state's deficit-ridden budget continues to gush red ink. http://www.sacbee.com/content/politics/story/13858204p-14697995c.html CLASSIFIEDS Ready. Aim. Hire! Target your job posting /classifieds ---- Find your ideal CPA career /classifieds The following publications require you to register at their sites: San Jose Mercury News, http://www.mercurynews.com Los Angeles Times, http://www.latimes.com New York Times, http://www.nytimes.com Orange County Register, http://www.ocregister.com Paid subscription sites: The Wall Street Journal, http://www.wsj.com |


