Tom
This is useful thank you.
I think there must be some aspects of this already in place - my ukulele group has a numenr of members and some time back I tried to email all members of the group and the gmail addresses were bounced.
I guess I'd better talk to my service provider!
This is very sad. Best wishes, thoughts, prayers and sympathy to John's family. I think you're absolutely right that he changed accountancy journalism. My big regret is that I never got to discuss ukuleles with him.
I believe there are appeals going on, but basically what's at issue seems to be manipulation of revenue recognition, with a bit of fiddling with what goes in the balance sheet and what goes in the P&L on an acquisition. Oh, there are some consignment sales and the shifting of costs on OEM sales out of gross margin and into expenses which is rather interesting. Ian Griffiths book "Creative Accounting" and Terry Smith's "Accounting for Growth" both came out in the 1980s. It would seem not much has changed since then, in spite of thousands of pages of accounting and auditing standards.
Paul, what a great article. As you know, my father was editor of Taxation magazine back in the 1960s and 70s and used to host Taxation conferences attended by tax professionals on both sides of the Revenue/Practitioner divide. Never having made it into tax practice myself, I feel I have watched these developments as an interested observer over, now, nearly 50 years, in the profession. Nostalgia's not what it used to be, but I wonder what my father would have thought about the deteriorating relationship between the two sides of the fence and the technological developments. I think he would have been excited by the latter, saddened, but not surprised, by the former.
It would be helpful to know the software being used. I know that QB online tries to be helpful and insert dates and if you happen to prepare the payroll a couple of days later than the usual date it can appear as though you have made a late submission, even though payments have not actually been made yet.
I find it interesting that the system I'm using doesn't include a snapshot of accounts payable and receivable on the dashboard, but shows me a graph of monthly billings - which is fine, but not as useful as knowing who I need to pay and who I need to chase. Actually I think the dashboard should allow for a degree of customisation.
My answers
Nah! we don't do ukulele songs, but our Bat out of hell really rocks
Tom
This is useful thank you.
I think there must be some aspects of this already in place - my ukulele group has a numenr of members and some time back I tried to email all members of the group and the gmail addresses were bounced.
I guess I'd better talk to my service provider!
Congratulations Rebecca - richly deserved. It seems a long time since BBH Times
Enjoy your retirement
Best wishes
N
This is very sad. Best wishes, thoughts, prayers and sympathy to John's family. I think you're absolutely right that he changed accountancy journalism. My big regret is that I never got to discuss ukuleles with him.
I believe there are appeals going on, but basically what's at issue seems to be manipulation of revenue recognition, with a bit of fiddling with what goes in the balance sheet and what goes in the P&L on an acquisition. Oh, there are some consignment sales and the shifting of costs on OEM sales out of gross margin and into expenses which is rather interesting. Ian Griffiths book "Creative Accounting" and Terry Smith's "Accounting for Growth" both came out in the 1980s. It would seem not much has changed since then, in spite of thousands of pages of accounting and auditing standards.
Paul, what a great article. As you know, my father was editor of Taxation magazine back in the 1960s and 70s and used to host Taxation conferences attended by tax professionals on both sides of the Revenue/Practitioner divide. Never having made it into tax practice myself, I feel I have watched these developments as an interested observer over, now, nearly 50 years, in the profession. Nostalgia's not what it used to be, but I wonder what my father would have thought about the deteriorating relationship between the two sides of the fence and the technological developments. I think he would have been excited by the latter, saddened, but not surprised, by the former.
Richard - I couldn't agree more. Never mind, when ARGA takes over, all will be well (I think not)
Let's just hope someone will listen to you.
It would be helpful to know the software being used. I know that QB online tries to be helpful and insert dates and if you happen to prepare the payroll a couple of days later than the usual date it can appear as though you have made a late submission, even though payments have not actually been made yet.
Thanks John, useful roundup
I find it interesting that the system I'm using doesn't include a snapshot of accounts payable and receivable on the dashboard, but shows me a graph of monthly billings - which is fine, but not as useful as knowing who I need to pay and who I need to chase. Actually I think the dashboard should allow for a degree of customisation.