Category Archives: Cooperatives

Make Your Mission Statement More Than a Wall Ornament

Many companies spend a lot of time and money creating mission statements to highlight their products and services and align employees around a common vision. But the fact is that many mission statements fail, becoming nothing more than a wall ornament or a bunch of words tucked into a seldom-read company handbook. For the most part, […]

Cooperatives: What We Expect to See in 2015

By Dennis Gardiner

This is an article we have been drafting for several years now. As much as we want to provide you some profound insight into what we see coming down in the next year, this will sound like a re-run. Much of what we expected to see over the last year continues to be what we […]

Cooperatives: What We’ve Seen in 2014

By Dave Thomsen

Sales were lower, steady and higher depending on year end – grain volumes rebounded for the most part but grain and agronomy commodity prices were lower. Lower grain margins; inverses and less opportunity to capture carries in the market. Drying revenues up based on 2013 harvest, more agronomy acres covered. Expenses continue to grow – […]

2014 Federal Tax Returns: Something Borrowed, Something New

Tax season is finally here. The deadline for calendar-year corporations to file a return (or an extension) is Monday, March 16. The deadline for individuals to file their income tax returns (or an extension) is Wednesday, April 15. As businesses and individuals start gathering financial records to give to their tax professionals, they should know how […]

Disaster Recovery: Ask ‘What If?’

Disasters never happen at a good time. But the timing is irrelevant. What counts is that your business can recover quickly with minimal long-term effects. And that means having a disaster recovery program in place so that your company is well-positioned to respond to — and rebound from — a wide range of calamities. The issues your […]

Violence Strikes the Workplace

Workplace violence isn’t just limited to high-risk jobs such as police officers, taxi drivers and late night convenience store clerks. It happens everywhere, as illustrated by recent high-profile cases. Workplace shootings have occurred at all types of businesses including factories, hospitals, engineering firms, advertising agencies and colleges. Testing Issues Some employers have tried testing to gauge the propensity for violence […]

The Latest News on the Personal Use of Company Cars

The free use of a company car is one of the best perks an employee may be entitled to as part of a compensation package. But the benefit to the employee isn’t completely “free” under current tax law. Essentially, personal use of a company car is treated as a taxable fringe benefit, subject to income tax […]

Businesses: How to Help Prepare for Audit Season

The busiest time of year for external financial statement auditors generally runs from January to April each year. But CPAs usually start gearing up for audit season in November of the preceding year. Accountants meet with clients, assign staff and schedule fieldwork. Then, the team conducts preliminary financial analytics, observes physical inventory counts, assesses risk factors […]

Successful Strategies Create Successful Mergers

Acquiring another company and merging it with your business can be the most efficient way to grow. But many acquisitions don’t pay off and it’s often management issues — not market conditions — that get in the way. Here are eight key strategies that spell the difference between success and failure in mergers and acquisitions, no […]

Celebrating 50 Years in Business

Our father, Daniel Gardiner, started the firm to audit farmer cooperatives, which is still our primary client base. We have a number of clients who have been with the firm the entire 50 years, all cooperatives. Our history with credit unions and our governmental clients starts in the early 1980’s. We have a lot of good memories from all of the years that we have been in business.