Agreed, but I think it is still possible with a hybrid, say 3 days in the office, 2 days at home model. Especially if remote collaboration tools such as Teams are used effectively.
Indeed, I can't be sure. I certainly don't see any audit planning documentation or completion items (such as going concern review, post balance-sheet events review, contingent liabilities discussions etc).
I'd hoped that too, but Section 382(6) of the Companies Act 2006 states:
"The number of employees means the average number of persons employed by the company in the year, determined as follows—
(a)find for each month in the financial year the number of persons employed under contracts of service by the company in that month (whether throughout the month or not),
(b)add together the monthly totals, and
(c)divide by the number of months in the financial year."
I'm a qualified management accountant - an employee.
My concern would be that there'd be any come back on me by my institute, but I really can't see how I could be held responsible - the accounts are dealt with at director level, I don't have any involvement beyond TB/audit queries as indicated.
It doesn't sit well with me though - perhaps as you say I just leave them to it and move on in due course.
All of these hours could be covered by a flexi-furlough arrangement. Furloughing staff while the shop is closed, but instructing them to undertake a number of admin hours to keep on top of suppliers/stock orders etc seems reasonable.
Although the number of hours for each email trail may only be a handful, if I were the OP I'd be wondering what other work was being undertaken beyond what was hitting my radar. In that sense, they've every right to be a bit miffed at having been told no hours had been done.
The gear provided is certainly of a decent quality. But it would be unfair to hand them out again to new staff in the future after a year of use in which they become faded and stretched - not a great look when you're trying to maintain status as a 5-star attraction.
My answers
Agreed, but I think it is still possible with a hybrid, say 3 days in the office, 2 days at home model. Especially if remote collaboration tools such as Teams are used effectively.
Indeed, I can't be sure. I certainly don't see any audit planning documentation or completion items (such as going concern review, post balance-sheet events review, contingent liabilities discussions etc).
I'd hoped that too, but Section 382(6) of the Companies Act 2006 states:
"The number of employees means the average number of persons employed by the company in the year, determined as follows—
(a)find for each month in the financial year the number of persons employed under contracts of service by the company in that month (whether throughout the month or not),
(b)add together the monthly totals, and
(c)divide by the number of months in the financial year."
No mention it seems of part time or full time.
I'm a qualified management accountant - an employee.
My concern would be that there'd be any come back on me by my institute, but I really can't see how I could be held responsible - the accounts are dealt with at director level, I don't have any involvement beyond TB/audit queries as indicated.
It doesn't sit well with me though - perhaps as you say I just leave them to it and move on in due course.
The auditor's report has not been filed either. There's also no employee numbers note.
Yes, T/O is still below the threshold - gross assets are £7m, average employee numbers is 75 (there are a lot of part time employees!)
Sorry, just noticed this was asked a few days ago by someone else:
https://www.accountingweb.co.uk/any-answers/amazon-and-vat-invoices
Seconded!
Thanks - EC sales lists were never my strong point, never really had cause to give them a second thought...
All of these hours could be covered by a flexi-furlough arrangement. Furloughing staff while the shop is closed, but instructing them to undertake a number of admin hours to keep on top of suppliers/stock orders etc seems reasonable.
Although the number of hours for each email trail may only be a handful, if I were the OP I'd be wondering what other work was being undertaken beyond what was hitting my radar. In that sense, they've every right to be a bit miffed at having been told no hours had been done.
The gear provided is certainly of a decent quality. But it would be unfair to hand them out again to new staff in the future after a year of use in which they become faded and stretched - not a great look when you're trying to maintain status as a 5-star attraction.