Member Since: 19th Jun 2001
13th Dec 2013
A few I like
I enjoy the personal angle blogs – Lilac1, Glennzy and I am sure Sir Digby will come into that category. I’ve always followed The Practitioner as I work for a practice in a rural area and The FC looks like it will be an interesting tale over time – but I do miss the FD.
Flying Scotsman is always thought provoking and Philip Fisher covers a wide range of topics (plus I’m a gadget fan too).
The “selling blogs” I never read – move them into suppliers please!
2nd Dec 2010
Carry the audit files in a bag - I wish!
When I was an audit junior, if you managed to get this years file, last years file and the audit manual into one bankers box then it was a very small audit!
In these days of paperless files, the main thing I need to get in the bag is the laptop and power supply - these new slimline laptop bags are rubbish!
13th Jul 2009
Couldn't agree more with the fishing comment
I have provided a clients entire nominal ledger in Excel and hard copy to HMRC on one case and they still asked for access to to the accounting data. I refused (at the clients instruction) and the response was that they had certain data analysis software which would help them and being a little familiar with the field I asked if it was IDEA which they confirmed.
I couldn't see why they couldn't use IDEA on the Excel data and told them so but they pushed three or four more times before giving up - I think they just wanted an excuse to get in to the clients premises for a nose around!
7th Oct 2004
The trial balance (or is it?)
As someone who has made a mistake before in this area, I'd like to thank David Carter for a very helpful article.
There is one little note of caution in the section on exporting the trial balance though that I have to sound. Use of File --> Send --> Contents to Microsoft Excel does not necessarily generate a trial balance. It looks like a trial balance, and it adds up like a trial balance but it is actually a list of nominal balances at no specific date and will therefore include future dated transactions. Particulary in versions 8 and 9 (where there are less filtering options of the list of nominal accounts) this could cause a real problem to the unwary.
The solution? A fairly simple ODBC link will do it, but is a lot more trouble. Or upgrade to version 11!