Argy, Wiltse & Robinson, P.C.

Ideas In Action - May 2011



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  Argy, Wiltse & Robinson, P.C.'s News

Does it Rain in the Cloud? The Importance of Having an Umbrella Just in Case.
Business applications are moving to cloud computing with increasing frequency and the trend is likely to continue at a growing pace. 

The forecast for the cloud appears to be mostly sunny, with warm yet mild breezes and consistently pleasant and enjoyable.  

The question is, does the forecast ever change, and does it rain in the cloud?  If so, what type of protection do you need for potentially inclement weather in the cloud?


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Upcoming Events
Michael Fletcher, Partner, Paul Bailey, Partner, and Andrew Stowe, Senior Manager, will be speaking at the Greater Washington Society of CPA's, 7th Annual Government Contract Accounting and Compliance Developments Conference. 

Michael will be presenting on Transaction Tax Planning and Exposure Issues in Government Contracting.  Paul and Ryan will discuss Small Business Reporting Requirements for Government Contractors.

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Looking for Government Contracting Training Opportunities?
Public Contracting Institute (PCI) conducts public seminars, webinars, and customized on-site courses in all areas and every level of the public contracting profession, both for the public and private sectors. Faculty members are practicing and expert professionals, with a wealth of knowledge and experience in their specialties. Current participating faculty members include Argy government contracting partners Mary Karen Wills, Mark Roberts, and Paul Bailey.  PCI's 2011 calendar offers over 150 classes in over 50 topic areas.

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ERP Financial System Health Check
Do you have concerns regarding the well-being of your financial reporting system?  Maybe you've seen some early warning signs but you aren't sure how to begin assessing your system?
Argy's financial system health check is a complimentary service designed to deliver proactive problem identification and suggested solutions.  This review quickly leverages people, processes, and technology to prevent and reduce the likelihood of future incidents while providing you with a snapshot of areas for improvement.  This allows you to focus on more important things...like using the financial data pulled from your system.


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  Timely Opportunities

Help Combat Cyber Attacks with These Steps
Cyber attacks can potentially inflict economic damage, disrupt a company's operations and harm its reputation, as illustrated by Sony's recent security breach. Some attacks even have national security implications. To make matters worse, research shows the number of data breaches occurring is on the rise as more information is stored in cyberspace. This article explains the types of attacks waged against companies, as well as some steps businesses can take to help combat cyber attacks.
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The Enemy Within: Three Cases of Employee Cyber Crime
Who has access to your company's computers? What restrictions have you placed on them? These vital issues should not be taken lightly. As evidenced by three federal court cases this year, it is important to impose security measures that protect against unfettered use -- including unauthorized access from employees. Otherwise, the consequences can be devastating.
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  Personal Finance

Take Care When You Light Up Your Portfolio
Utility stocks are a safe and predictable investment, right? Though utilities can still provide some bright spots in your portfolio, it may be time to take a more critical look before investing. Read the "Full Article" to find out why.
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  Sales

Coach Your Sales Team to Maximum Performance
Shift your sales operation into overdrive by coaching your associates in every aspect of their jobs throughout the year. By setting interim goals, tracking results and providing extra guidance, you can motivate your sales team and watch profits climb. Click "Full Article" for a description of how to go about this.
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  Marketing

Drop Some of Your Customers
Concentrate your company's sales and marketing efforts on those gold-medal customers who generate the most profit. It's a matter of identifying the most lucrative groups. Click "Full Article" to see what data you need to collect to watch your profits soar.
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  Disclaimer of Liability

Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

IRS Circular 230 Disclosure: Please be advised that the tax advice contained herein (including any attachments) is not intended or written by the practitioner to be used and cannot be used by the taxpayer for the purpose of avoiding any U.S. tax-related penalties that may be imposed on the taxpayer.

 

 

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