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1. Treasury basics for an overseas expansion  

BY Brad Hardy, CPA and Ken Tysiac
Understanding regulatory requirements and standard operating procedures in international locations is essential for domestic corporations expanding into overseas markets. The following tips, compiled by Wells Fargo’s international banking division, can help companies establish an effective global treasury policy: Consult with key advisers early. Draft the overall scope and plan for international expansion with the help of tax advisers, bankers, legal consultants, and IT experts.

2. Treasury basics for an overseas expansion  

BY Brad Hardy, CPA and Ken Tysiac
Understanding regulatory requirements and standard operating procedures in international locations is essential for domestic corporations expanding into overseas markets. The following tips, compiled by Wells Fargo’s international banking division, can help companies establish an effective global treasury policy: Consult with key advisers early. Draft the overall scope and plan for international expansion with the help of tax advisers, bankers, legal consultants, and IT experts.

3. Treasury basics for an overseas expansion  

BY Brad Hardy, CPA and Ken Tysiac
Understanding regulatory requirements and standard operating procedures in international locations is essential for domestic corporations expanding into overseas markets. The following tips, compiled by Wells Fargo’s international banking division, can help companies establish an effective global treasury policy: Consult with key advisers early. Draft the overall scope and plan for international expansion with the help of tax advisers, bankers, legal consultants, and IT experts.

4. Three common currency-adjustment pitfalls  

BY Scott L. Spencer, CPA and Glenn E. Richards, CPA
Although the rules on accounting for foreign-currency translations have not changed in many years, mistakes in this area persist. Such mistakes can result in misstatements in financial reporting, hurting the bottom line, creating false understandings of business results, and exposing companies to possible regulatory scrutiny. A key factor raising the stakes in foreign-currency reporting is the fact that U.S.

5. Three common currency-adjustment pitfalls  

BY Scott L. Spencer, CPA and Glenn E. Richards, CPA
Although the rules on accounting for foreign-currency translations have not changed in many years, mistakes in this area persist. Such mistakes can result in misstatements in financial reporting, hurting the bottom line, creating false understandings of business results, and exposing companies to possible regulatory scrutiny. A key factor raising the stakes in foreign-currency reporting is the fact that U.S.

6. Three common currency-adjustment pitfalls  

BY Scott L. Spencer, CPA and Glenn E. Richards, CPA
Although the rules on accounting for foreign-currency translations have not changed in many years, mistakes in this area persist. Such mistakes can result in misstatements in financial reporting, hurting the bottom line, creating false understandings of business results, and exposing companies to possible regulatory scrutiny. A key factor raising the stakes in foreign-currency reporting is the fact that U.S.

7. How to Manage Fluctuations in Foreign Currency Rates  

BY Pam Heye, CPA
Managing the P&L and cash flow impacts related to foreign exchange exposures can appear daunting. The following steps, while not all-inclusive, make this task easier: Develop a foreign currency policy and procedure. Include the company goals related to foreign exchange management, types of derivatives that may be employed, and personnel authorized to execute transactions.

8. CPAs Can Help Builders Increase Profits, Cash Flow  

BY Michael J. Otis, CPA
At a time when the construction industry is faced with unprecedented economic conditions, companies must do everything possible to remain profitable and maintain positive cash flows. Consider the following tips to help your clients in this industry: Take every available tax credit. These include, for example, various Enterprise Zone tax incentives, credits and deductions for placing in service energy-efficient properties, and taking advantage of cost segregation.

9. Best of Both Worlds?   CPEDirect

BY Ellen D. Cook, Dan R. Ward and Suzanne Pinac Ward
Over the past several years many companies pursued extremely aggressive growth, resulting in an accumulation of fixed assets on balance sheets. Many of these assets (especially land and buildings) have enjoyed an unprecedented appreciation in value. However, the current recession and accompanying credit crunch have caught some companies in a crisis of having to raise cash or face going out of business.

10. Optimizing Company Cash: A Guide for Financial Professionals  

BY Paul Bonner
by Michèle Allman-Ward and A. Peter Allman-Ward AICPA, 2007, 271 pp. Cash flows, liquidity, the banking system and other touchstones of business finance are laid out in this comprehensive and easy-to-follow guide to cash management, with copious exhibits and examples. Of particular interest to practitioners in this increasingly specialized field are the many points at which the husband-and-wife authors distinguish cash metrics from those of accountants and managers.
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