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, sour […]

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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!

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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, in […]

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Wow. You’ve gotta see this. And comment on it! (Via The Anonymous Accountant.)

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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 the oil […]

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