Beneath the Wraps

            GAAP stands for generally accepted accounting principles .   At least once each year businesses who have stock investors have to go through an audit.   GAAP sets guidelines for business owners to keep accurate records so there is no question about how revenues are made, how money is spent and if there is a profit.   As there have been a number of business owners or other workers who have been found to be dishonest (such as these examples) GAAP has seemingly created so many conditions over the years that the audit can be rather time consuming.   This set of guidelines is set to protect the investor as well as the consumer.             Stockholders can feel more secure with their investments as long as GAAP continues with guidelines, but paying taxes is not the same as investing stock.   Sometimes the government - or some aspects of it rather - can seem t...

            Funny how since giving the lesson on "Divine Design" to the RS sisters almost a month ago, that I have been noticing more parallels and "divine design" examples in so many lives that I hear about.  Last week  Jenna and I watched this story on Sunday Morning - a program that Roland has on almost every Sunday I have known him.                He was in the kitchen making breakfast for Jenna and me when the Steven Hartman shared his piece about an unlikely friendship between Ben Taylor from Ogden, Utah and Joel Willie from Liberia.   Joel was in need of money and has been using facebook to connect with strangers to invest in a business.   Ben Taylor accepted his friendship that he might keep Joel so busy that he wouldn't have time to scam anyone else.   Joel's interest was in an electronics outfit located in New Jersey, but Ben had googled the address...

Sometimes there are stories in the news that just seem oddly interesting.  I am sad for the good Samaritan in this first story. A good Samaritan sees a car crash and calls 911.   He walks toward the accident to see if those involved are okay.   He was injured in the process.  more here This next one made me laugh Officer pulls over to assist driver of stalled car and discovers 22 pounds of Marijuana in the back seat  here  this next story (video) has made the news stations for three days at least student and employee at UVU is arrested after “correcting” a confusing sign.  Here  I really like this story, too :  an off duty officer recognizes bank robber leads to arrest  here and BYU gets a new president’ here and why not throw in a human interest story about Despicable Me and other here