Part of any audit is attendance at the client’s inventory count. If the company being audited has material inventory in multiple locations, you’ll have to observe each count. I’ve been busy lately with inventory counts. Yesterday I went to one and counted washing machines and dryers. This morning I was counting packages of cottage cheese,Continue reading “Attending inventory counts”
Monthly Archives: September 2006
RSS is supposed to be Really Simple
RSS problems have resurfaced. I’m sorry and if I knew what was causing it, I would stop it immediately. Please bear with NeilMcIntyre.ca!
Incorporate or not: It’s the investment
A small business usually starts out as a sole proprietorship, owned and operated by the founder personally and reporting business income on their annual personal tax return. But as the business grows, the question of incorporation will always arise, and there are several factors to consider when this happens. The most important single factor, inContinue reading “Incorporate or not: It’s the investment”
The Ernst & Young theme song
Wow. You’ve gotta see this. And comment on it! (Via The Anonymous Accountant.)
Global ethics and international accounting standards
The Publish What You Pay campaign is where international politics, financial reporting, and the developing world intersect. The campaign seeks to force companies in extractive industries (such as oil and gas) to make public their payments to governments in the developing world. It began in 1999 with an “exposé of the apparent complicity of theContinue reading “Global ethics and international accounting standards”