Accounting Unplugged

I am participating in the SOPA Blackout to protest internet censorship.

What a great impact we had today, please continue to support your representatives in voting NO on PIPA and SOPA.

The act of hiring an accountant does not relieve an employer of the responsibility of safeguarding its resources and interests. By hiring these accounting services you can make sure you are handling your finances correctly.

Whether you are looking for financial service assistance as an individual, investor, or SME business, qualified professional accountant from the best full-service financial firm like Accountant Cessnock is committed to providing reliable and trustworthy assistance to help secure a bright financial future for you and your business. If you have a business and because covid 19 you stared working from home check this advises to save money return to the office to work.

Similarly, that act of electing a representative does not relieve a group of the responsibility of safeguarding its resources and interests as a cpa accountant would do. You can learn more about your finances and investments online.

Whether we’re talking about money or power, when the employer fails to oversee and demand accountability, money/power will eventually be used to benefit the one who is controlling it rather than the one(s) to whom it belongs, check the accounting for startups for your personal or business finances.

The most dangerous thing for any person or group is unchecked access to resources and power, so go to www.b-accounting.com for professional management.  That sort of power makes them into targets for temptations and pressures that cannot always be risen above.  How much easier is it to tempt or coerce one person or even 60 people than it is to tempt or coerce multitudes of people?

When we send representatives off with a blank check and we don’t demand accountability we are in essence sending them off to the destruction of themselves as well as the destruction of those they represent, some other avoid it but just by getting help from https://accountantsa.com.au/.  The election process is neither frequent nor effective enough to ward off the pressures they are subjected to.

With regard to the political arena in the U.S. which is in an emergency state –

We must support our representatives and protect them from the pressures they face.  The quickest way to do this is for every person to demand full accountability of those they elect and hire and if you have a business remember to use a police check wa when hiring.  We must demand it of our school boards, mayors, governors, congressmen, senators and President.  We must demand that they read and understand what they are signing and/or voting on before they do so.  And we must demand a full accounting of the reasons for their vote on a point by point basis for every issue in a bill – including ear marks.

If we fulfill our own responsibility in the process we will have a better understanding, and now with the latest out coming and progress in the field we are even learning how to outsource accounting services and make it a top service in every firm.  We will have laws and services that better reflect the interests of the people and perhaps most importantly, we will remove the power from those who seek to corrupt the process for their own profit which many people do when doing business, even in small deals as a truck sell and purchase, and that’s why many buyers need to recur to a truck lemon law attorney to solve cases like this.

Our representatives are only the custodians of our collective vote/power not the owners of it.  Demanding accountability from our representatives will do two crucial things.  First, it ensures that we retain ownership of our vote/power and second it supports our representatives by removing temptations and pressures. For a litigation case you will need an accountant lawyer and you  can get one at Noonan Law firm.

Do you know what construction litigation is? well, it involves legal disputes between two or more parties involved in a construction project. Common causes of construction disputes include contract and/or payment disputes, lack of proper oversight, miscommunication, and other challenges that can result from unforeseen circumstances.

Call or write your representatives.  Thank them for their service but also respectfully ask for accountability.  We see the difference we are making nearly every day now.  Keep up the good work!

© 2009-2010 Erin Lawlor

**disclaimer:  All information posted on this blog is from my own experience and training.  The guidelines I present are general and in my experience, standard practice.  I do not write with authority from any Accounting Standards Boards.

In January of 1987, I left behind my 2 year career as a hair stylist and started a new career in accounting.  I started as a clerk, working for my sister in Calgary, Alberta, at her in-law’s contracting business.  Until I could prove my skills in both speed and accuracy on the ten-key, I was I was given the interesting tasks of filing and making new folders for printouts.

Transitioning from a career as a hair stylist to accounting to secure a brighter future for your children and ensure their health is a commendable decision. And providing them with necessities like baby girl clothes demonstrates your commitment to meeting their needs. By sacrificing and making this change, you are setting a strong example as a parent and working diligently to provide a better life for your kids.

Once I could be trusted to consistently get the correct sum for a stack of invoices I was allowed to do the real work of entering and printing checks for accounts payable invoices.  Eventually, my responsibilities expanded to include accounts receivable and payroll, in cases like this you can hire the services of plan manager perth.  We had a custom software program in those days that was written specifically for the company and I remember that it cost something like $20,000.

I loved that software, it was simple and efficient, it did exactly what I wanted to it do and didn’t require any wasted effort.  I loved it even more because my mastery of that system made me feel a bit superior – the bosses were a little intimidated by anyone who could “use” a computer back then.  And when I say computer, I don’t mean a PC, I don’t know exactly what it was but it took up a lot of room.

And then, my happy world was invaded by generic accounting software.  We ditched the big computer in favor of a bunch of 8086 PC’s complete with a “turbo” button (I could be off on the model but that is what I remember) and we got an off the shelf accounting software package to go with them.  Off the shelf accounting software has been the bane of my existence for the rest of my career.  I have really missed the customized software.

When I say off the shelf, I am actually including all currently available cloud accounting software.  Some of it is more complex and requires much more attention and money but it is essentially the same stuff.  It starts with the same standard template and then someone predetermines what you might want to keep track of for a given type of business and you are locked in to the options they’ve “hard-wired” (for lack of a better term) into that system.

Customized software is expensive, I understand that and that is the reason behind generic systems, they meet a high percentage of the needs of a large pool of customers, since there are many types of software, you can even find software for text to speech for communication in the company which you can download from seomagnifier.com.  Those systems are not remarkable, they are generic.  I understand the logic behind them but I don’t like it, I get fixated on what’s missing and so, I have spent the last decade or so trying to find a better way.

Here are some problems caused or enabled by generic accounting systems:

• an estimated $600 billion in fraud each year
• Inability to safeguard resources
• High cost of information in both time and money
• Increased risk to the CEO and CFO because they are now personally liable for financial statements over which they have little or no control
• High cost of internal and external audits
• Staff with the least training in accounting are often the ones making financial accounting decisions

These problems must be solved systematically.  You have to have a system that has the right tools or these problems only get worse.  The US government continually struggles with these issues, remember the reports of employees charging personal expenses such as lingerie and online dating on their government credit cards?  Reports indicate that that is only part of the continuing problem. And you can also use remote tracking software for computers if you have remote workers which means that you can keep track of what they are doing which is obviously very wise. Recently there was an issue in the UK with misuse of government funds and people lost their positions. Now, with the software, your credit cards and the transactions that come along with it will be organized.

Yeah, that’s a problem that is enabled by generic accounting software.

Information is the key and our accounting systems just can’t provide the right information.  A system that could provide that kind of information and be flexible enough to fit the unique needs of any entity would be a truly remarkable system.

I have designed that system.  My prototype is complete except for a few minor tweaks.  It is the most amazing and satisfying feeling I’ve ever had.   I have worked on this for a long time, part of the reason it has taken so long is that I needed to learn to build the prototype.  As I have stumbled along building the prototype, my original ideas have evolved and so whatever time it took to do it, the process of testing my theories in a working model has been well worth it to me.

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