The Barson Group

Volume 10 - Issue 1                                                             

Spring, 2011                                                                                   



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We Have Gone Green.  This is our inaugural e-only issue!!

In This Edition
You Want To Pay Me How Much?
Did You Really Want to Ask That?
Focus on Fun
Quick Links
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 The BARSON GROUP is proud to announce the publication of


"Divorce: The Accountant as Financial Expert" 

 by Kalman A. Barson, CPA/ABV, CFE, CFF 




This is Kal's 6th text focusing on divorce related accounting services, including investigative accounting, business valuations, funds flow tracing and related issues.  While its primary audience is fellow CPAs, as well as attorneys practicing family law and judges sitting in the family section of the court, it is written in such a fashion so that it would be readily understood by the general lay public.  All royalties have been assigned to three charities devoted to helping women and children.


Kal's book can be purchased directly through the AICPA -



Calendar of Recent & Upcoming Events




  • November 8, 2010 - Financial Issues in Divorce - AICPA National Business Valuation Conference (Washington DC)
  • November 14, 2010 - Tax and Financial Planning - Men's Club of Temple Sholom (Bridgewater, NJ)
  • November 17, 2010 - Current Issues in Business Valuation in Divorce Practice - CPA Club (Saddle Brook, NJ)
  • May 11, 2011 - Business Valuation Case Study - Middlesex County Bar Association (Edison, NJ)
  • October 18, 2011 - Financial Issues in Divorce - Pennsylvania Society of CPA's (King of Prussia, PA)
  • November 7, 2011 - Tax & Financial Issues in Divorce - AICPA National Tax Conference (Washington, DC)




"Divorce, It Can Get Personal - Life Style Analysis & Related Matters" - 50 pages, complimentary copies for the asking.  Contact us if you haven't received your copy.


Still available

- our previous books: Reading & Understanding Tax Returns, Financial Issues in Divorce Practice; Business Valuation - The Basics; The Majesty & Glory of Unreported Income - complimentary copies for the asking.  Contact us if you haven't received your copy.

You Want To Pay Me How Much?

Article Subtitle


When it comes to business valuation, putting aside that in some businesses there are very substantial non-recurring issues or heavy personal benefits taken out of the business, what is often the most significant normalization adjustment is in the area of reasonable compensation.  Even where there are no perquisites running through the books, even where there is nothing unusual, nothing non-recurring or of any particular note, we virtually always have to make an adjustment for reasonable compensation, and often, it is a significant adjustment.


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Allow us to suggest that there are a number of questions, routinely asked, which are really a waste of time and are virtually guaranteed to accomplish nothing.  Consider the following as questions or areas better left alone during trial:


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 Focus on Fun


Accountants & Humor

A Sociological Fable


Three accountants were in the urinal performing their morning constitutional.  The first finishes and walks over to the sink to wash his hands.  He then proceeds to dry his hands carefully.  He uses paper towel after paper towel and ensures that every single spot of water on his hands is dried.  Turning to the other two accountants he says, "CPAs are trained to be extremely thorough."  The second finishes his task at the urinal and he proceeds to wash his hands.  He uses a single paper towel and makes sure that he dries every drop of water from his hands using every available portion of the paper towel.  He turns and says, "CPAs are not only trained to be extremely thorough, but also to be extremely efficient."  The third accountant finishes and walks straight for the door.  "Management accountants learn not to piss on their hands." 


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