<SEC-DOCUMENT>0000892917-11-000046.txt : 20110520
<SEC-HEADER>0000892917-11-000046.hdr.sgml : 20110520
<ACCEPTANCE-DATETIME>20110325154903
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000892917-11-000046
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20110325

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARRETT BUSINESS SERVICES INC
		CENTRAL INDEX KEY:			0000902791
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HELP SUPPLY SERVICES [7363]
		IRS NUMBER:				520812977
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		8100 NE PARKWAY DRIVE
		STREET 2:		SUITE 200
		CITY:			VANCOUVER
		STATE:			WA
		ZIP:			98662
		BUSINESS PHONE:		(800) 494-5669

	MAIL ADDRESS:	
		STREET 1:		8100 NE PARKWAY DRIVE
		STREET 2:		SUITE 200
		CITY:			VANCOUVER
		STATE:			WA
		ZIP:			98662
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">March 25, 2011</font></p>

<p style="margin:0in;margin-bottom:6.0pt;"><u><font face=Georgia lang=EN-US style="font-size:12.0pt;">Submitted on EDGAR under
&quot;CORRESP</font></u><font face=Georgia lang=EN-US style="font-size:12.0pt;">&quot;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Ms. Kathryn Jacobson</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Division of Corporation Finance</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Securities and Exchange Commission</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">100 F Street, NE</font></p>

<p style="margin:0in;margin-bottom:12.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Washington, DC 20549-4561</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:532.799988pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;text-indent:0in;"><font face=Georgia style="font-size:12.0pt;">Subject:</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;text-indent:0in;"><font face=Georgia style="font-size:12.0pt;">Barrett
  Business Services, Inc.<br>
  Form 8-K filed March 17, 2011<br>
  File No. 0-21886</font></p>
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  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-indent:0in;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
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  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-indent:0in;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
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  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-indent:0in;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
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<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;"><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">Dear Ms. Jacobson:</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">We are in receipt of Larry Spirgel's letter dated March&nbsp;18,
2011, regarding the subject filing.&#160; Our response corresponds to the numbered
comment in the letter.</font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; We
note your disclosure that management had concluded that a &quot;change in
accounting method for legal expenses incurred for the administration of
workers' compensation claims by the Company's captive insurance
subsidiary&quot; should be made and that the financial statements for all
periods beginning January&nbsp;1, 2007 should be restated to reflect the effect
of this change.&#160; Additionally, the Company is also evaluating the preferability
of making a conforming change to its accounting method for legal expenses
incurred for the administration of workers' compensation claims that arose
prior to the formation of the insurance captive subsidiary.&#160; We believe that
you should revise your disclosure to refer solely to an &quot;error&quot; in
accounting for the subject legal expenses, and delete any reference to a
&quot;change in accounting method&quot; and additionally, the
&quot;preferability of making a conforming change.&quot;</font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><b><font face=Georgia lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Response:&#160;
</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">We are self insured for workers&#8217; compensation.&#160; Prior to January&nbsp;1,
2007 all claims were administered by Barrett Business Services, Inc. (BBSI or
the Company).&#160; Subsequent to January&nbsp;1, 2007 all new claims are
administered by our captive insurance company, Associated Insurance Company for
Excess, Inc. (AICE).&#160; We have developed our accruals for probable losses using
a fully developed claims expense estimate.&#160; The Company&#8217;s historical accounting
policy has been to expense the legal costs incurred related to the defense of
workers&#8217; compensation claims in the period incurred.</font></p>

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<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Ms. Kathryn Jacobson</font></p>



<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">March 25, 2011</font></p>



<p style="margin:0in;margin-bottom:24.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Page 2</font></p>





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<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">While completing our annual closing procedures for the
year ended December&nbsp;31, 2010, we became aware of ASC 944-40-25-1:3
requiring insurance entities to include legal costs in the estimate of losses.&#160;
We further concluded that ASC 944-10-15-2 specifically includes captive
insurance companies within the scope of the standard.&#160; We evaluated whether or not
these standards were applicable to our consolidated financial statements given
BBSI is not an insurance entity, however, ASC 810-10-25-15 clearly requires
retention of the industry specific accounting in consolidation.&#160; Based on this
guidance we have concluded that the omission of legal costs for all claims
administered by AICE is an error and we intend to restate our financial
statements to correct that error.&#160; </font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">We have
concluded that our accounting policy to exclude legal expenses for claims
administered by BBSI is permissible under generally accepted accounting
principles (GAAP).&#160; For non-insurance entities, estimates for un-insured losses
are governed by ASC 450-20.&#160; ASC 450-20 does not require accrual for legal fees
associated with the settlement of loss contingencies. &#160;Further, an entity shall
select an accounting policy that provides for either the inclusion or exclusion
of estimated legal fees and other directly related costs and consistently apply
such a policy. </font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">The AICPA
discussed the inclusion of probable legal fees associated with loss accruals in
a meeting with the SEC staff held on December&nbsp;3, 1996.&#160; The following is
an excerpt of the minutes from this meeting.</font></p>

<p style="margin:0in;margin-bottom:16.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><u><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">Question</font></u><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">: Should Accruals for Loss
Contingencies Include Probable Legal Fees?</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><u><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">Discussion:</font></u><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;"> FASB Statement No.&nbsp;5,
Accounting for Contingencies, [codified in ASC 450] requires that loss
contingencies be accrued when (1)&nbsp;the &quot;causal event&quot; has
occurred (for example, the event giving rise to the lawsuit), (2)&nbsp;it is
probable a liability has been incurred, and (3)&nbsp;the amount of the loss can
be reasonably estimated. However, Statement&nbsp;5 does not provide any
explicit guidance about whether probable legal fees should be included in the
measurement of the loss contingency.</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">Paragraph&nbsp;20
of FASB Statement No.&nbsp;60, Accounting and Reporting by Insurance
Enterprises, [codified in ASC 944] requires that all costs expected to be
incurred related to settling claims, including legal fees, be accrued when the
related liability for the unpaid claims is accrued.</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">The
recently issued AICPA Statement of Position, Environmental Remediation
Liabilities, addresses accrual of</font></p>





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<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Ms. Kathryn Jacobson</font></p>



<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">March 25, 2011</font></p>



<p style="margin:0in;margin-bottom:24.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Page 3</font></p>





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<p style="margin:0in;margin-bottom:6.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">legal fees and makes a distinction between legal fees
related to defending against assertions of liability and legal fees incurred
after the enterprise concludes it is responsible for participating in a
remediation process. That SOP does not address the accounting for legal fees
related to defending against assertions of liability, although the SOP does
indicate that practice is diverse in accounting for such costs with some
enterprises including such costs in their accrual for loss contingencies and
other enterprises treating such costs as period costs. That SOP does require
the accrual of legal fees expected to be incurred during the remediation process
at the time the enterprise concludes it is responsible for participating in a
remediation process.</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">Arthur
Andersen internal guidance advocates accrual of probable and reasonably
estimable legal fees that relate to loss contingencies. However, our experience
is that practice is mixed on this issue.</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">It is
our understanding that the SEC staff has an informal policy of precluding the
accrual of legal fees related to loss contingencies.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.25in;margin-right:.5in;margin-top:0in;"><u><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">SEC
Staff Response</font></u><font color=black face=Georgia lang=EN-US style="font-size:12.0pt;">: &#160;The
SEC Staff stated that they are internally divided on the appropriate accounting
under GAAP for legal fees. They recommended that we bring this issue to
Emerging Issues Task Force.</font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">After the
December 1996 meeting with the SEC staff, this issue was brought to the
Emerging Issues Task Force, and the Task Force declined to add this potential
issue to its agenda at the January&nbsp;23, 1997 meeting. However, the SEC
Observer indicated that the SEC Staff would expect a registrant&#8217;s accounting
policy to be disclosed and consistently applied.&#160; </font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Based on ASC 450
and the position noted by the SEC Observer at the 1997 Task Force meeting, we that
believe for claims handled by BBSI, our accounting policy to account for legal
costs in the period incurred is in conformity with GAAP. </font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">In light of the
error related to the claims administered by AICE, we have re-evaluated our
accounting policy related to the BBSI claims.&#160; In order to be consistent in our
estimate for all claims we believe it is preferable to conform our accounting
policy for the BBSI claims to the required GAAP accounting for the AICE
claims.&#160; Accordingly, we plan to retroactively apply a change in accounting
policy to accrue legal costs for our BBSI claims as of the beginning of the
year ended December&nbsp;31, 2006.</font></p>





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<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Ms. Kathryn Jacobson</font></p>



<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">March 25, 2011</font></p>



<p style="margin:0in;margin-bottom:24.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Page 4</font></p>





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<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">We estimate the increase to the workers&#8217; compensation
liability resulting from correction of the error for the captive claims to be
approximately $7.2 million and $6.4 million at December&nbsp;31, 2010 and 2009,
respectively.&#160; The increase in the accrual related to the change in accounting
method for claims not administered by our insurance captive is $1.0 million and
$1.7 million at December&nbsp;31, 2010 and 2009, respectively.</font></p>

<p style="margin-bottom:12.0pt;margin-left:74.8pt;margin-right:0in;margin-top:0in;text-indent:-2.8pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">As reflected
in the marked draft of Amendment No.&nbsp;1 to the subject filing attached as
an exhibit to this letter, we have revised the discussion of the issue of
accounting for legal expenses incurred in connection with the administration of
workers' compensation claims to refer to an error in accounting for the subject
legal expenses, except as to claims not handled by our captive insurance
subsidiary, as to which we have determined to make a conforming change in
accounting method.</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">On behalf of Barrett Business Services, Inc. the
undersigned hereby acknowledges that:</font></p>

<p style="margin-bottom:12.0pt;margin-left:2.0in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><font color=black face=Wingdings lang=EN-US style="font-size:12.0pt;">&#167;</font><font color=black face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face=Georgia lang=EN-US style="font-size:12.0pt;">the company is responsible for the adequacy and accuracy of the
disclosures in the filings;</font></p>

<p style="margin-bottom:12.0pt;margin-left:2.0in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><font color=black face=Wingdings lang=EN-US style="font-size:12.0pt;">&#167;</font><font color=black face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face=Georgia lang=EN-US style="font-size:12.0pt;">staff comments or changes to disclosure in response to staff
comments do not foreclose the Commission from taking any action with respect to
the filings; and</font></p>

<p style="margin-bottom:12.0pt;margin-left:2.0in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><font color=black face=Wingdings lang=EN-US style="font-size:12.0pt;">&#167;</font><font color=black face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face=Georgia lang=EN-US style="font-size:12.0pt;">the company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the federal
securities laws of the United States.</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Please feel free to call me at 360-828-0700 if you have
any questions regarding the information contained in this letter.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">UNITED
STATES</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">SECURITIES AND
EXCHANGE COMMISSION</font></p>

<p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Washington,   D.C. 20549</font><font color=blue face=Georgia lang=EN-US style="font-size:12.0pt;text-decoration:line-through;"><br>
</font><font face=Georgia lang=EN-US style="font-size:12.0pt;">___________________________</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">FORM
8</font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">&#8209;</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">-</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">K</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">/A</font></b></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">(Amendment No. 1)</font></b></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">CURRENT
REPORT</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Pursuant to Section
13 or 15(d) of</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">the
Securities Exchange Act of 1934</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Date
of Report (Date of earliest event reported):</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">March
11, 2011</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">BARRETT BUSINESS
SERVICES, INC.</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">(Exact
name of registrant as specified in charter)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Maryland</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">(State
or other jurisdiction of incorporation)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">0-21886</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">(SEC
File Number)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">52-0812977</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">(IRS
Employer Identification No.)</font></p>

<div align=center>

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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia style="font-size:12.0pt;">8100 N.E. Parkway Drive, Suite&nbsp;200</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia style="font-size:12.0pt;">Vancouver, Washington</font></p>
  </td>
 <td valign=top width=4% style="height:28.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=blue face=Georgia style="font-size:12.0pt;text-decoration:line-through;"><br>
  </font><font face=Georgia style="font-size:12.0pt;">98662</font></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia style="font-size:12.0pt;">(Address of principal executive offices)</font></p>
  </td>
 <td valign=top width=4% style="height:17.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia style="font-size:12.0pt;">(Zip
  Code)</font></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Registrant</font><font color=blue face=Georgia lang=EN-US style="font-size:12.0pt;text-decoration:line-through;">'</font><font face=Georgia lang=EN-US style="font-size:12.0pt;">s telephone number, including area code:</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">(360)
828-0700</font></p>

<p style="margin:0in;margin-bottom:6.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</font></p>

<p style="margin:0in;margin-bottom:6.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&#61608;&#160; Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>

<p style="margin:0in;margin-bottom:6.0pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&#61608;&#160; Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&#61608;&#160; Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>

<p style="margin:0in;margin-bottom:6.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&#61608;&#160; Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>





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<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman" lang=EN-US style="background:silver;font-size:10.0pt;">Explanatory Note:&#160; This Amendment No.&nbsp;1 to our
Form&nbsp;8-K originally filed on March&nbsp;17, 2011 (the &quot;Original
8-K&quot;) is being filed to revise the explanation of the reasons that we are
restating our previously issued financial statements listed below.&#160; The
discussion below amends and supersedes in its entirety the disclosure in the
Original 8-K.</font></b></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Item&nbsp;4.02
Non-Reliance on Previously Issued Financial Statements or a Related Audit
Report or Completed Interim Review.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">On March&nbsp;11, 2011, the Audit Committee of the Board of
Directors of Barrett Business Services, Inc. (the &quot;Company&quot;), determined
that the Company's previously issued financial statements (i)&nbsp;for the
fiscal years ended December&nbsp;31, 2006, 2007, 2008 and 2009, as presented in
its Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2009,
and (ii)&nbsp;as of and for the quarters ended March&nbsp;31, 2010,
June&nbsp;30, 2010 and September&nbsp;30, 2010, as presented in the Company's
Quarterly Reports on Form&nbsp;10-Q for those periods, can no longer be relied
upon.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">The Audit Committee reached this conclusion after the
Company's management informed the committee that management had concluded that </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">a change</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">the financial
statements listed above reflected an error</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> in accounting </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">method </font><font face=Georgia lang=EN-US style="font-size:12.0pt;">for</font><b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> </font></b><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">the</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">
legal expenses incurred for the administration of workers' compensation claims
by the Company's captive insurance subsidiary </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">should be made </font><font face=Georgia lang=EN-US style="font-size:12.0pt;">and that the financial
statements for all periods beginning January 1, 2007 should be restated to </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">reflect the effect of</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">correct</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">
this </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">change</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">error</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">.&#160;
The Company </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">is
also evaluating the preferability of making</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">has also determined to
make</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> a conforming change to its accounting method for legal
expenses incurred for the administration of workers' compensation claims that
arose prior to the formation of the insurance captive subsidiary</font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">.</font><b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> </font></b><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">on January 1, 2007.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">The Company's historical accounting method for legal
expenses incurred for workers' compensation claims administration </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">has been</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">was</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> to
recognize the expense in the period incurred.&#160; </font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">This accounting method was not correct for our
insurance captive subsidiary.&#160; </font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">The correction </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">and potential change in
accounting method, as</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">of the error</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> discussed above</font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">,</font><font face=Georgia lang=EN-US style="font-size:12.0pt;"> would </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">reflect</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">include</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">
estimated legal expenses in the Company's liability for open workers'
compensation claims, as well as incurred but not reported claims.&#160; We estimate
the increase to the workers</font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">&#8217;</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">'</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> compensation liability resulting from
</font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">these changes</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">correction of this
error</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> to be approximately $</font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">8.2</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">7.2 million and $6.4</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> million at
December&nbsp;31, 2010 and </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">2009.&#160; Based on the retroactive</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">2009, respectively.&#160;
An additional increase will be recorded for the change in accounting method for
those claims not administered by our insurance captive in the amount of $1.0
million and $1.7 million at December 31, 2010 and 2009, respectively.&#160; Based on
the retrospective</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> application of the correction of the error and
the change in accounting method, we estimate the impact on the results of
operations for each of the years ended December&nbsp;31, 2006 through
December&nbsp;31, 2010 will not be material.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">The adjustments required </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">by</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">to correct</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> the </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">aforementioned</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">error and reflect the</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">
change in accounting </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">for legal expenses</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">method described above</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> will be </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">included within</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">reflected in</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">
the Company's annual report on Form&nbsp;10-K for the fiscal year ended
December&nbsp;31, 2010, which the Company intends to file with the Securities
and Exchange Commission no later than March&nbsp;31, 2011.</font></p>





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<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Management has further determined
that, as a result of the issues described above, the Company's internal control
over financial reporting was not effective as of December&nbsp;31, 2010.&#160;
During the quarter </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">ended</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">ending</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> March&nbsp;31,
2011, the Company has implemented changes in its control processes, which it
believes </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">has</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">have</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;">
remediated the control deficiencies in its financial reporting.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">The Audit Committee of the Board of Directors of the Company
has discussed the matters </font><font color=blue face=Georgia lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">disclosed</font><b><font face=Georgia lang=EN-US style="background:silver;font-size:12.0pt;">described</font></b><font face=Georgia lang=EN-US style="font-size:12.0pt;"> in this Item&nbsp;4.02 with
the Company's independent registered public accounting firm, Moss Adams LLP.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">Forward Looking Statements:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman Bold" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;">The foregoing
information regarding the </font><font color=blue face="Times New Roman" lang=EN-US style="background:white;font-size:12.0pt;text-decoration:line-through;">evaluation of possible
changes in accounting treatment</font><b><font color=black face="Times New Roman" lang=EN-US style="background:silver;font-size:12.0pt;">impact of the correction
of an error in accounting for legal expenses incurred for workers' compensation
claims administration in the Company's financial statements</font></b><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;"> includes forward-looking statements that
are subject to risks and uncertainties. Additional considerations and other
important risk factors affecting the Company's business are described in the
Company's reports on Forms 10-K and 10-Q and other filings with the Securities
and Exchange Commission.&#160; The forward-looking statements in this report speak
only as of the date hereof.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">SIGNATURES</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.</font></p>

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  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="height:17.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:12.0pt;">BARRETT
  BUSINESS SERVICES, INC.</font><font color=blue face="Times New Roman" style="font-size:12.0pt;text-decoration:line-through;"><br>
  <br>
  </font></p>
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
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  </font></b><font face="Times New Roman" style="font-size:12.0pt;"><br>
  Dated:&#160; March </font><font color=blue face="Times New Roman" style="background:white;font-size:12.0pt;text-decoration:line-through;">17,</font><b><font face="Times New Roman" style="background:silver;font-size:12.0pt;">25</font></b><b><font face="Times New Roman" style="background:silver;font-size:10.0pt;">,</font></b><font face="Times New Roman" style="font-size:12.0pt;"> 2011</font></p>
  </td>
 <td valign=bottom width=11% style="height:28.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="height:28.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:12.0pt;">By: </font></p>
  </td>
 <td valign=bottom width=47% style="border-bottom:solid black 1.0pt;height:28.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=blue face="Times New Roman" style="background:white;font-size:12.0pt;text-decoration:line-through;">/s/ James D. Miller</font></p>
  </td>
 </tr>
<tr style="height:43.25pt;page-break-inside:avoid;">
  <td valign=top width=36% style="height:43.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="height:43.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=6% style="height:43.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=47% style="height:43.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:2.0pt;"><font face="Times New Roman" style="font-size:12.0pt;">James D. Miller<br>
  Vice President-Finance, Treasurer and Secretary</font></p>
  </td>
 </tr>
</table>

</div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Georgia lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
