Can commercialism, professionalism co-exist in accounting profession?
What we see today in the accounting profession is troubling. Increased commercial activities threatens the independence cornerstone of the profession that underlies its public interest obligation. Audit firms are pushing the envelope in their involvement with non-audit services that makes it appear as though they might compromise their independence on the audit because of these Read More →
Personal finance really family finance
Personal finance has always been a family affair that involves the interests of children, parents and other relatives. Currently, many trends exacerbate situations where relatives’ assistance is needed, which makes family situations increasingly challenging and difficult to plan for. First, expanded life expectancy brings expanded financial challenges. A longer life does not only imply greater Read More →
Economic development should be part of Ventura County’s general plan
Ventura County is embarking on an important step forward as it weighs the latest update to its general plan. That step would be to include an economic development element to the general plan in the next approval cycle. A letter to county officials from the Economic Development Collaborative of Ventura County recommends the county include Read More →
Smart innovation key to business success
Smart business leaders know that there is an important distinction between risk taking and intelligent risk taking. It is the former that may make the headlines, but it is the latter that often leads to the greatest rewards. There is an increasing awareness within the business community of the world of difference between innovation and Read More →
Proposed peaker plant in Oxnard bad idea because of flood vulnerability
Reliability is the key point emphasized in the Pacific Coast Business Times editorial July 17 (Oxnard peaker plant should be approved). During the CPUC evidentiary hearings held in May regarding the NRG proposal, the city of Oxnard provided proof based on state of the art scientific evidence that storm surge patterns and sea level rise Read More →
Haggen finds it’s tough to be third competitor for tri-county shoppers
The point of anti-trust regulators forcing Albertson’s and Safeway to sell off 146 supermarkets in order to allow for the two companies to merge was to create a viable third competitor in the market. That role was eagerly claimed by Haggen Inc., an independent grocery and pharmacy chain based in the state of Washington whose Read More →
Oxnard peaker plant should be approved
The California Public Utilities Commission held a relatively rare session in Oxnard on July 15 to weigh the pros and cons of replacing aging power stations at Mandalay Beach with a new peaker plant to be operated by NRG. This has been a contentious issue. The city of Oxnard doesn’t like it, the social justice Read More →
