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Tuesday, 31 January 2012

Travel Journal China

Written by BWD Magazine

BWD Magazine, Winter 2011-12 Detroit Chinese Business Assocaition China trade mission In late September, I had the privilege to be among the delegates on the Detroit Chinese Business Association (DCBA) trade mission to China. The following are just a few highlights of the trip. Leaving Detroit, we flew due north over the North Pole. The flight was a 14-hour, non-stop to Shanghai...

Tuesday, 31 January 2012

Moving Expanding Growing

Written by BWD Magazine

BWD Magazine, Winter 2011-12 Steady growth and continued regional commitment As the economy begins to show signs of improvement, companies are beginning to show signs of that growth. Rehmann is leading the charge with its own contributions. In late October, the firm’s Troy, Michigan office moved to a 40,000-square-foot space at 1500 W. Big Beaver Road...

Tuesday, 31 January 2012

New Pension Laws for Michigan Taxpayers

Written by Cathy Lambert, CPA

BWD Magazine, Winter 2011-12 The recent Corporate Income Tax law passed by the Michigan legislature includes several changes to individual pensions. So what does it mean for you? It depends. There are three methods: 1...

Tuesday, 31 January 2012

China Business Team

Written by BWD Magazine

BWD Magazine, Winter 2011-12 Rehmann has a broad range of experience assisting multi-national businesses and individuals with an array of assurance, tax planning and consulting services. Within our international services practice area, our China Business Team includes multilingual professionals with the experience and local knowledge necessary to help our clients identify and successfully leverage international opportunities. Recently, some talented new associates joined the team.. "The team's goal is to help clients structure their inbound and outbound operations in a manner that reduces worldwide effective tax rate and increases current cash flow while providing other value added consultation related to mergers and acquisitions, cross-border employee matters, and business restructurings," said Daniel J...

Friday, 29 October 2010

Understanding Public Accountability and Transparency

Written by Stephen W. Blann, CPA, CGFM, CGMA

BWD Magazine, Fall 2010 When it comes to demonstrating their stewardship of public resources, state and local governments face an interesting challenge. Even the smallest governments are subject to numerous funding sources and spending constraints. Additionally, they are accountable to a wide array of stakeholders - from citizens, to legislators, to creditors, to federal and state grantor agencies. In order to meet these disparate obligations, governments use fund accounting and produce "general purpose financial reports" to present information to all of these various constituents at once...

Monday, 31 May 2010

Governmental Budgeting in a Recession

Written by Stephen W. Blann, CPA, CGFM, CGMA

BWD Magazine, Spring 2010 As our state and national economies continue to suffer, organizations of every size and type are faced with the necessity to "do more with less." This is particularly true for governmental entities. Operating on revenue streams that are dependent on the prime economic indicators of personal/business income and property values, governments are often in the unenviable position of needing to provide increasing levels of critical public services on an ever diminishing budget. What’s more, the public often doesn't understand the complexities of the governmental budgeting process, which causes frustration for citizens and elected officials alike...

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