Precision Economics, LLC: Andrew Parsons
 
 
 
   
Precisionecon Economists

ANDREW C. PARSONS

Precision Economics, LLC
1901 Pennsylvania Avenue NW, Suite 200
Washington, DC 20006
Tel. (202) 530-1113
Fax. (202) 530-1144
andrew@precisionecon.com
www.precisionecon.com

EDUCATION

Georgetown University, The Robert Emmett McDonough School of Business, Washington, DC, 2003
  • M.B.A.
  • Honors: Beta Gamma Sigma; High Distinction (Top five percent of class)
Cornell University, College of Engineering, Ithaca, NY, 1996
  • M.E., Operations Research and Industrial Engineering
  • Honors: Omega Rho; Dean's List
Cornell University, College of Engineering, Ithaca, NY, 1996
  • B.S., Operations Research and Industrial Engineering

ECONOMIC/ FINANCE EXPERIENCE

Precision Economics, LLC,
Washington, DC, February 2003 - present
Vice President
  • Write, present and testify on various economic matters including transfer pricing, international trade and estate valuation.
  • Manage transfer pricing reports/cases for both the Internal Revenue Service and taxpayers regarding tangible and intangible transfers of assets, covering such industries as software, pharmaceuticals, medical products and consumer products.
  • Conduct research using various databases including comparable company searches utilizing Compustat and Bureau Van Dijk databases.
  • Speak at transfer pricing seminars both in the United States and internationally.
  • Draft sections, perform data analysis and provide research assistance for public policy reports covering such diverse topic areas as pharmaceutical price regulations and the profitability levels of trading specialists.
Georgetown University
Washington, DC, August 2002 - May 2003
Research Assistant
  • Researched companies' industry categorization by firms like Value Line, Morningstar and Hoover's for valuation comparable analysis.
Alaytheon Consulting
Washington, DC, August 1998 - August 2002
Financial/Research Consultant
  • Grew sole proprietorship to manage over six million dollars of personal assets for individuals through stock portfolio analysis and fixed income security investments.
  • Increased average clients' cash flow by ten percent through asset reallocation, cutting costs and in-depth cash flow planning.
  • Provided research and reporting services for small businesses on diverse subjects including analysis of publicly-held companies.

PROFESSIONAL SEMINARS/ TESTIMONY/ ARTICLES

"Basic Methods of Transfer Pricing: An Economic Approach," IIR Ltd.: Fundamentals of Transfer Pricing, London, UK, October 29, 2008 (forthcoming).

"Intercompany Transfers of Intangibles and Cost-Sharing Agreements" chapter in U.S. Transfer Pricing Sourcebook, Council for International Tax Education (forthcoming with B. Becker).

"Basic Methods of Transfer Pricing: An Economic Approach," IIR Ltd.: Fundamentals of Transfer Pricing, London, UK, January 30, 2008.

"Basic Methods of Transfer Pricing: An Economic Approach," IIR Ltd.: Fundamentals of Transfer Pricing, London, UK, September 19, 2007.

"Basic Methods of Transfer Pricing: An Economic Approach," IIR Ltd.: Fundamentals of Transfer Pricing, London, UK, January 31, 2007.

"Economic Testimony," United States International Trade Commission, Inv. Nos. 731-TA-706 (Sunset Review), testimony on January 18, 2007, hearing on canned pineapple fruit.

"Economic Testimony," United States International Trade Commission, Inv. Nos. 731-TA-340 E and H (Sunset Review), testimony on September 22, 2005, hearing on solid urea.

"Writing an Economic Transfer Pricing Report," Council for International Tax Education: U.S. Transfer Pricing Planning & Controversies, New York, NY, August 8, 2005.

"The Economics of Transfer Pricing: Independent Arm's Length Analysis," Council for International Tax Education: U.S. Transfer Pricing Planning & Controversies, Los Angeles, CA, October 25, 2004.

"Transfer Pricing: Due Diligence and Risk Review," IIR Ltd.: Corporate Tax Congress, London, UK, September 29, 2004.


COMPUTER SKILLS/INTERESTS

Computer Skills: Compustat, Bureau Van Dijk databases, Minitab, Dreamweaver, Excel
Interests: Basketball, Soccer, Ultimate Frisbee, Stock Valuation, Problem Solving

 

1901 Pennsylvania Ave. NW, Suite 200, Washington DC, 20006   t.202.530.1113 f.202.530.1144   information@precisionecon.com
copyright since 2003 Precision Economics, LLC. All rights reserved.