Question:

To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom

Response:

- Hide quoted text — Show quoted text – To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom

Yes. Peter Saxton from London

Response:

– Hide quoted text — Show quoted text – To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom

Tom, It would concern me – possibly an accessory to tax fraud – a felony. Regards, Mark X Rigotti

Response:

Yes and your boss is exactly the kind of person that gives everybody a bad name and the kind of person who should be in jail.  If he goes you might be in the cell next door along with him!  I wonder if the company books are audited?  If so then they should make an extra cell available for the accountant. John – Hide quoted text — Show quoted text – To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom

Response:

– Hide quoted text — Show quoted text – To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom

Gee, I wonder why the controller left the company? Maybe he had second thoughts about what the books looked like. Have you thought about finding another job? — ~~ L~~

Response:

Thanks for everyone’s comments. We have an outside account do the tax returns. He gets the balance sheet, trial balance, P&L, .etc. The Dec P&L for example shows a credit of 6,125.36 in country club dues with a zero YTD balance. I would hope the outside accountant would say something. I was told the controller left because she was working too many hours. Maybe that is what she said but LJ may be correct. IT jobs are pretty scarce here so I’m stuck for a while. Tom IT jons here are pretty scarce

– Hide quoted text — Show quoted text – To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom Gee, I wonder why the controller left the company? Maybe he had second thoughts about what the books looked like. Have you thought about finding another job? — ~~ L~~

Response:

scribbled: Something isn’t adding up in this thread. If your analysis that there is a problem is correct than I wonder if there is a much deeper and much more complex story. Perhaps the current owner was not always the owner and it was a different owner in those previous years?

You are correct that we don’t know the whole story. It is also possible that the OP does not know either. But since the current owner is currently hiding his personal expenses then he is quilty of wrong-doing and the OP is guilty of going along with it. It only compounds the problem if the prior owners, if any, plus the previous controller were hiding the expenses too. Personally, I’d get a lawyer quickly and quit the job. — ~~ L~~

Response:

You are correct that we don’t know the whole story. It is also possible that the OP does not know either. But since the current owner is currently hiding his personal expenses then he is quilty of wrong-doing and the OP is guilty of going along with it. It only compounds the problem if the prior owners, if any, plus the previous controller were hiding the expenses too.

But that’s what seems odd. It just doesn’t add up. That’s an awful lot of people. There may be other current co-owners as well.

Response:

You are correct that we don’t know the whole story. It is also possible that the OP does not know either. But since the current owner is currently hiding his personal expenses then he is quilty of wrong-doing and the OP is guilty of going along with it. It only compounds the problem if the prior owners, if any, plus the previous controller were hiding the expenses too. But that’s what seems odd. It just doesn’t add up. That’s an awful lot of people. There may be other current co-owners as well.

I agree. It seems almost ‘too bad to be true’. The fact that ‘Tom’ has posted in a public place a question about his apparent role in commiting a felony, including information about himself and his company that anyone can trace (despite ‘Tom’ having an IT background) just doesn’t seem quite right? If you are bona fide, Tom, I echo the suggestion that you get yourself a lawyer immediately.

Response:

Yes.

– Hide quoted text — Show quoted text – To all, I’m the network manager for our company and report to the CFO. Since our controller left, the owner has had me managing our accounting system and creating journal entries for the company. The problem I have is the owner has the company pay his country club dues and American Express bills. The Amex bills are sometimes 40K per month and has furniture for his home, cruises, etc. The accounts payable clerk charges these items to general office expense. At years end, I had to create a journal entry to credit out the CC dues, meals and entertainment by debiting our rebates and marketing Co-Op funds. I also had to reduce the general office expense by using the leftover rebate money. It was still to high so they had me transfer the excess to cost of goods. Should I be concerned as to my own personal liability as to tax fraud since I was the one to make the changes? Thanks for any input anyone may have. Tom

Response:

– Hide quoted text — Show quoted text – The P&L the outside accountant received shows two columns; Month of December with the adjusting entry as a credit and the YTD as zero. As in the following:                                                             December YTD Country club dues                                 -6,125.36 0.00 Business Meals                                   -26,103.36 0.00 An entry like that would make me ask some questions. I came in early this morning and looked at past years. The controller made monthly entries to reverse all non/50% deductibles. Any advice as to what I should do to protect myself, if possible? I’m not a CPA but I have to agree that an entry like that would raise some flags with me. That is unless I fully understood what was happening with these numbers. Is it possible thta the accountant knows the whole story and is just looking the other way? That puts him in a very bad situation if the company ever got audited.

I’m not a CPA either, but I am a tax accountant, and I would certainly be asking some questions after seeing that on a P&L. I would go talk to a lawyer. Maybe a tax lawyer. At least one that understands accounting and audits. Your boss is hiding income which is illegal. You are helping him accomplish this so you might be held liable too.

I agree.  See a lawyer, and do it now.  You are leaving yourself open to criminal charges, and you can bet your boss isn’t going to want to be the one left holding the bag.

Response:

You are correct that we don’t know the whole story. It is also possible that the OP does not know either. But since the current owner is currently hiding his personal expenses then he is quilty of wrong-doing and the OP is guilty of going along with it. It only compounds the problem if the prior owners, if any, plus the previous controller were hiding the expenses too. But that’s what seems odd. It just doesn’t add up. That’s an awful lot of people. There may be other current co-owners as well.

The guy charging his personal expenses to the business is the CFO.  What difference does it make if there are other owners if they don’t know what he’s doing because it’s being covered up by the bookkeeper and others who hold jobs that are dependent on his good will?  If there are other owners, he’s not only committing tax fraud, he’s also embezzling money.  If there aren’t, he’s still committing tax fraud.

Response:

– Hide quoted text — Show quoted text – You are correct that we don’t know the whole story. It is also possible that the OP does not know either. But since the current owner is currently hiding his personal expenses then he is quilty of wrong-doing and the OP is guilty of going along with it. It only compounds the problem if the prior owners, if any, plus the previous controller were hiding the expenses too. But that’s what seems odd. It just doesn’t add up. That’s an awful lot of people. There may be other current co-owners as well. I agree. It seems almost ‘too bad to be true’. The fact that ‘Tom’ has posted in a public place a question about his apparent role in commiting a felony, including information about himself and his company that anyone can trace (despite ‘Tom’ having an IT background) just doesn’t seem quite

right? IT does not mean legal training, nor does it mean a tax background. – Hide quoted text — Show quoted text – If you are bona fide, Tom, I echo the suggestion that you get yourself a lawyer immediately.

Response:

- Hide quoted text — Show quoted text – The P&L the outside accountant received shows two columns; Month of December with the adjusting entry as a credit and the YTD as zero. As in the following:                                                             December YTD Country club dues                                 -6,125.36 0.00 Business Meals                                   -26,103.36 0.00 An entry like that would make me ask some questions. I came in early this morning and looked at past years. The controller made monthly entries to reverse all non/50% deductibles. Any advice as to what I should do to protect myself, if possible?

I have a substantial amout of experience with this sort of thing. If you are here asking this question you are in way over your head.  Get out – preferably the same way your predecessor did – quietly.   As a general rule there is no way for you to win. As you probably already know, resistance is difficult and probably futile.   If you don’t do what you are asked to do someone else will. You can stick around, get dirty, and possibly get sick.  If the situation is discovered you will no doubt be blamed, most likely by the person who told you to do it.  At that point he will be lily white and you will be the crook.   You can think about blowing the whistle – but who would you blow it too, and what would you do afterward.   If you want to communicate with me privately you may.  You can find my contact information at http://jim.hudspeth.com. Jim Hudspeth, CFE, CPA

Response:

The P&L the outside accountant received shows two columns; Month of December with the adjusting entry as a credit and the YTD as zero. As in the following:                                                             December YTD Country club dues                                 -6,125.36 0.00 Business Meals                                   -26,103.36 0.00 An entry like that would make me ask some questions. I came in early this morning and looked at past years. The controller made monthly entries to reverse all non/50% deductibles. Any advice as to what I should do to protect myself, if possible? Tom

– Hide quoted text — Show quoted text – Thanks for everyone’s comments. We have an outside account do the tax returns. He gets the balance sheet, trial balance, P&L, .etc. The Dec P&L for example shows a credit of 6,125.36 in country club dues with a zero YTD balance. I would hope the outside accountant would say something. Your outside accounting firm is seeing the reports AFTER you make the adjustments. So unless they are seeing the actual monthly reports and all of the transactions, they are not only not seeing the whole picture but are being mislead as to the true nature of the books. I was told the controller left because she was working too many hours. Maybe that is what she said but LJ may be correct. I was just guessing. Too many hours is a very believable reason that people give. Given the circumtances you have described, I might not last long in that job either. It is one thing being loyal to your company but accountants and bookkeepers are also expected to be honest and loyal to their field. What your boss is asking you to do sounds extremely illegal. IT jobs are pretty scarce here so I’m stuck for a while. Then let’ s hope your company never get audited because I suspect that you will go down with the ship. Get the experiance as a controller and start looking for either an IT or controllers job. — ~~ L~~

Response:

Something isn’t adding up in this thread. If your analysis that there is a problem is correct than I wonder if there is a much deeper and much more complex story. Perhaps the current owner was not always the owner and it was a different owner in those previous years?

– Hide quoted text — Show quoted text – The P&L the outside accountant received shows two columns; Month of December with the adjusting entry as a credit and the YTD as zero. As in the following:                                                             December YTD Country club dues                                 -6,125.36 0.00 Business Meals                                   -26,103.36 0.00 An entry like that would make me ask some questions. I came in early this morning and looked at past years. The controller made monthly entries to reverse all non/50% deductibles. Any advice as to what I should do to protect myself, if possible? I’m not a CPA but I have to agree that an entry like that would raise some flags with me. That is unless I fully understood what was happening with these numbers. Is it possible thta the accountant knows the whole story and is just looking the other way? That puts him in a very bad situation if the company ever got audited. I would go talk to a lawyer. Maybe a tax lawyer. At least one that understands accounting and audits. Your boss is hiding income which is illegal. You are helping him accomplish this so you might be held liable too.

Response:

– Hide quoted text — Show quoted text – The P&L the outside accountant received shows two columns; Month of December with the adjusting entry as a credit and the YTD as zero. As in the following:                                                             December YTD Country club dues                                 -6,125.36 0.00 Business Meals                                   -26,103.36 0.00 An entry like that would make me ask some questions. I came in early this morning and looked at past years. The controller made monthly entries to reverse all non/50% deductibles. Any advice as to what I should do to protect myself, if possible?

I’m not a CPA but I have to agree that an entry like that would raise some flags with me. That is unless I fully understood what was happening with these numbers. Is it possible thta the accountant knows the whole story and is just looking the other way? That puts him in a very bad situation if the company ever got audited. I would go talk to a lawyer. Maybe a tax lawyer. At least one that understands accounting and audits. Your boss is hiding income which is illegal. You are helping him accomplish this so you might be held liable too. — ~~ L~~

Response:

Thanks for everyone’s comments. We have an outside account do the tax returns. He gets the balance sheet, trial balance, P&L, .etc. The Dec P&L for example shows a credit of 6,125.36 in country club dues with a zero YTD balance. I would hope the outside accountant would say something.

Your outside accounting firm is seeing the reports AFTER you make the adjustments. So unless they are seeing the actual monthly reports and all of the transactions, they are not only not seeing the whole picture but are being mislead as to the true nature of the books. I was told the controller left because she was working too many hours. Maybe that is what she said but LJ may be correct.

I was just guessing. Too many hours is a very believable reason that people give. Given the circumtances you have described, I might not last long in that job either. It is one thing being loyal to your company but accountants and bookkeepers are also expected to be honest and loyal to their field. What your boss is asking you to do sounds extremely illegal. IT jobs are pretty scarce here so I’m stuck for a while.

Then let’ s hope your company never get audited because I suspect that you will go down with the ship. Get the experiance as a controller and start looking for either an IT or controllers job. — ~~ L~~

Response:

Yes and your boss is exactly the kind of person that gives everybody a bad name and the kind of person who should be in jail.  If he goes you might be in the cell next door along with him!  I wonder if the company books are audited?  If so then they should make an extra cell available for the accountant.

Actually, there’s a further risk:  The boss can afford better lawyers than the employee can, with the  result that if things turned "very bad," the employee is liable to  take the brunt of the problems. It may be too late to avoid the problem; if the Gentle Employee has already gone along with fraudulent activity, they may be "on the hook" for blame irrespective of whether or not they walk away now… — http://www3.sympatico.ca/cbbrowne/sgml.html "For an adequate time call 555-3321"

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Question:

Actually, she’s from Australia. You know how deprived we are down here. — ~MandaBee~ http://devoted.to/mandabee

– Hide quoted text — Show quoted text – She’s apparently from England, Moron. Need to stop touting yourself as a "genius."  You make yourself look like an idiot. What is ‘Enron’? Tell me again how intelligent you are…..

Response:

Ahhh, thank you rifter! Now that wasn’t hard was it, Ray? — ~MandaBee~ http://devoted.to/mandabee

– Hide quoted text — Show quoted text – Enron is a large company over here in the states that went bankrupt recently. Apparently, the CEOs knew they were going bankrupt but wouldn’t let employees know or allow them to sell their stock, which was part of their reitrement package. What is ‘Enron’? — MandaBee http://devoted.to/mandabee Well she married a WINNER…… Says she lost it on bad investments. be worth more than she is now!

Response:

What is ‘Enron’?

Enron is an energy company, with a headquarter in Texas, that sank to bankruptcy (chapter 11) due to shady partnerships and deceptive accounting. Many investors lost money, including employees who invested their retirement account through 401k. It was considered a highly successful and solid company a year ago but now worth pennies. eric

Response:

Actually, she’s from Australia. You know how deprived we are down here. — ~MandaBee~

My bad.  I didn’t notice "telstra" in the header.  I’ve got a couple of old friends from England that use Big Pond.  :-) – Hide quoted text — Show quoted text – http://devoted.to/mandabee She’s apparently from England, Moron. Need to stop touting yourself as a "genius."  You make yourself look like an idiot. What is ‘Enron’? Tell me again how intelligent you are…..

Response:

Pick-up a copy of the Wall Street Journal and read it! It’s the best newspaper in the known-world….oh and the NY Times. We have a little old fashioned newsstand that has all the cool stuff. (Where would I be without it?!) Cora says… – Hide quoted text — Show quoted text -What is ‘Enron’? — MandaBee

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I can’t pick up a copy of the Wall Street Journal or the NY Times because I live in Australia and they don’t sell it this far *out bush*. LOL  Can someone send me a copy?  :-) — ~MandaBee~ http://devoted.to/mandabee **Be bewy bewy quiet, we’re hunting tewwowists*

– Hide quoted text — Show quoted text – Pick-up a copy of the Wall Street Journal and read it! It’s the best newspaper in the known-world….oh and the NY Times. We have a little old fashioned newsstand that has all the cool stuff. (Where would I be without it?!) Cora says… What is ‘Enron’? — MandaBee

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Really? I didn’t know Telstra dealt that far overseas! Hae you heard the latest about the Telstra sell-out? Sad sad stuff… — ~MandaBee~ http://devoted.to/mandabee **Be bewy bewy quiet, we’re hunting tewwowists*

– Hide quoted text — Show quoted text – Actually, she’s from Australia. You know how deprived we are down here. — ~MandaBee~ My bad.  I didn’t notice "telstra" in the header.  I’ve got a couple of old friends from England that use Big Pond.  :-) http://devoted.to/mandabee She’s apparently from England, Moron. Need to stop touting yourself as a "genius."  You make yourself look like an idiot. What is ‘Enron’? Tell me again how intelligent you are…..

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I can’t pick up a copy of the Wall Street Journal or the NY Times because I live in Australia and they don’t sell it this far *out bush*. LOL  Can someone send me a copy?  :-) — ~MandaBee~ http://devoted.to/mandabee **Be bewy bewy quiet, we’re hunting tewwowists*

Wall Street Journal has an online version for $59/yr with 2 weeks trial. http://online.wsj.com/home/us NY Times is free, (must register first. sign up online): http://www.nytimes.com/ eric – Hide quoted text — Show quoted text – Pick-up a copy of the Wall Street Journal and read it! It’s the best newspaper in the known-world….oh and the NY Times. We have a little old fashioned newsstand that has all the cool stuff. (Where would I be without it?!) Cora says… What is ‘Enron’? — MandaBee

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Ray always neglects to mention any actual sales figures or gross revenues.

I wonder if he even posts a profit on the sales of his books to the IRS. I doubt it. C//

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This is a stupid post.  What is broke?   She is just down to her last couple of millions plus whatever was put into trusts. Could you keep current at least, it has been widely reported that legal fees wil eat most of Kenneth Lays  fortune. This is old news.  His wife just verified it. The real question is will they end up living in their mother’s apt. or will they continue to live in an exclusive neighborhood.  My guess is that they will still have the nice house and the country club membership.  You have what. No an investment into a company that is more of hobby is not an investment, it would be a donation to charity.  We bet that they gave more to help the mental ill than your so called company is worth. – Hide quoted text — Show quoted text -Well she married a WINNER…… Says she lost it on bad investments. worth more than she is now!

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Enron is a large company over here in the states that went bankrupt recently. Apparently, the CEOs knew they were going bankrupt but wouldn’t let employees know or allow them to sell their stock, which was part of their reitrement package.   – Hide quoted text — Show quoted text – What is ‘Enron’? — MandaBee http://devoted.to/mandabee Well she married a WINNER…… Says she lost it on bad investments. worth more than she is now!

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Tell me again how off-topic you are… – Hide quoted text — Show quoted text – What is ‘Enron’? Tell me again how intelligent you are…..

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Is Howard Stern broke?  Come on folks, I get ten times the audience of all of you put together.

So does O.J.

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worth more than she is now!

Yeah, $47.53

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She’s apparently from England, Moron. Need to stop touting yourself as a "genius."  You make yourself look like an idiot. – Hide quoted text — Show quoted text – What is ‘Enron’? Tell me again how intelligent you are…..

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And how do you make money from that? Denise – Hide quoted text — Show quoted text – No one would ever buy anything you had to sell. You would be surprised. Very. Is Howard Stern broke?  Come on folks, I get ten times the audience of all of you put together.

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No one would ever buy anything you had to sell. You would be surprised. Very.

Ray always neglects to mention any actual sales figures or gross revenues. * * * New readers are encouraged to familiarize themselves with Ray’s posting history and  opinions. Be sure to check out www.Ray-Gordon.com and click the "RayFaq" button on the top left. "Ray Gordon", who’s real name is Gordon Roy Parker, has publicly stated  that he suffers from numerous mental illnesses.  The site contains many of his archived posts. The site is NOT affiliated with "Ray" and he has made  numerous threats of legal action against it.

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Tell me again how intelligent you are…..

* * * Readers are encouraged to familiarize themselves with Ray’s posting history and opinions. Be sure to check out www.Ray-Gordon.com and click the "RayFaq" button  on the top left. "Ray Gordon", who’s real name is Gordon Roy Parker, has publicly stated that he suffers from numerous mental illnesses. The site  contains many of his archived posts. The site is NOT affiliated with  "Ray" and he has made numerous threats of legal action against it.

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What is ‘Enron’?

Tell me again how intelligent you are…..

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No one would ever buy anything you had to sell.

You would be surprised. Very. Is Howard Stern broke?  Come on folks, I get ten times the audience of all of you put together.

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Well she married a WINNER…… Says she lost it on bad investments. worth more than she is now!

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What is ‘Enron’? — MandaBee http://devoted.to/mandabee – Hide quoted text — Show quoted text – Well she married a WINNER…… Says she lost it on bad investments. worth more than she is now!

Response:

Well she married a WINNER…… Says she lost it on bad investments. worth more than she is now!

Apparently even SHE wouldn’t make an investment THAT BAD. * * * New readers are encouraged to familiarize themselves with Ray’s posting history and opinions. Be sure to check out www.Ray-Gordon.com and click the "RayFaq" button on the top left. "Ray Gordon", who’s real name is Gordon Roy Parker, has publicly stated that he suffers from numerous mental illnesses. The site contains many of his archived posts. The site is NOT affiliated with "Ray" and he has made numerous threats of legal action against it.

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No one would ever buy anything you had to sell. Denise – Hide quoted text — Show quoted text – Well she married a WINNER…… Says she lost it on bad investments. worth more than she is now!

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Question:

I am looking for a website that gives information on industry standards ,so that I can compare a companies financial accounts with the Industry average ,does anybody know of such a site or where I can obtain this sort of information ?

Response:

and which industry? – Hide quoted text — Show quoted text – :I am looking for a website that gives information on industry standards ,so :that I can compare a companies financial accounts with the Industry average Dear Philip, For which country?    All the best, Timo — Prof. Timo Salmi ftp & http://garbo.uwasa.fi/ archives 193.166.120.5 Department of Accounting and Business Finance  ; University of Vaasa Acc. Journals Links  http://www.uwasa.fi/~ts/opas/jott/jottjour.html

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:I am looking for a website that gives information on industry standards ,so :that I can compare a companies financial accounts with the Industry average Dear Philip, For which country?    All the best, Timo — Prof. Timo Salmi ftp & http://garbo.uwasa.fi/ archives 193.166.120.5 Department of Accounting and Business Finance  ; University of Vaasa Acc. Journals Links  http://www.uwasa.fi/~ts/opas/jott/jottjour.html

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I am looking for a website that gives information on industry standards ,so that I can compare a companies financial accounts with the Industry average ,does anybody know of such a site or where I can obtain this sort of information ?

http://www.rmahq.com/Ann_Studies/asstudies.html — Jim Hudspeth, CPA – http://home.att.net/~jdhcpa/mainpage.html – Washington, USA Associate Member, Association of Certified Fraud Examiners

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: :I am looking for a website that gives information on industry standards : For which country? :and which industry? That’s usually slightly easier. E.g. take Standard & Poor’s Compustat for the U.S. and you have firms from all the industries. Incidentally, industry standards are occasionally overrated as benchmarks:         http://www.uwasa.fi/~ts/publicat/tytyabs.html         http://www.uwasa.fi/~ts/publicat/rdts.html    All the best, Timo — Prof. Timo Salmi ftp & http://garbo.uwasa.fi/ archives 193.166.120.5 Department of Accounting and Business Finance  ; University of Vaasa Acc. Journals Links  http://www.uwasa.fi/~ts/opas/jott/jottjour.html

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Question:

As cliched as this might sound,  i still think things happen for the best. I’ll be thinking of you, and let us know what opportunities present themselves. Kate     just need to vent, my division where i work got axed.  i have two more weeks at this     job.     so far no panic, though.  i am just disappointed, this was the best job i have ever had,     but the company i work for is having financial difficulties, and i became expendable.  the     company president is a fine man and a good friend of mine and had tears in his eyes     when he let us know.       "ch ch ch changes . . ."     eddie

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- Hide quoted text — Show quoted text – just need to vent, my division where i work got axed.  i have two more weeks at thisjob. so far no panic, though.  i am just disappointed, this was the best job i have ever had,but the company i work for is having financial difficulties, and i became expendable.  thecompany president is a fine man and a good friend of mine and had tears in his eyeswhen he let us know. Eddie, I am sorry that this had to happen. I hope things will work out well for you and perhaps you’ll find an even better job…. "ch ch ch changes . . ." Hmm…*Moby Grape*? eddie Philip

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well that’s kinda sucks doesn’t it? no matter what, it make’s you feel bad that "you’re expendable" no matter the circumstances. At least it does so for me. Anyway, here’s something to consider:  (my real life example) I had once worked for a company that had major money problems, and let many people go, including me. Heartless bastards! But I’m over it, right? But because of that:  - I joined another company, where I found my present girlfriend of 6 years (and sooner than later wife ….yeah, yeah, 6 years is a long time, blah blah blah, yadda yadda yadda….don’t even say it! – I met a friend at that new workplace who moved onto another job— then brough me on board. And it’s been the most incredible 4+ years I could have imagined. Wow! I can’t write enough of what a difference it has made. I guess my point is that it’s amazing how things play out. Decisions you make, or experiences you acquire…where you are now is so delicately constructed upon the past. You never know where things may lead. Take an incident in your life, good or bad, and pretend to remove it from existence.  What else gets removed directly or indirectly because of that? You just never know!  In the end, it will all work itself out. You can count on it. -Z-   just need to vent, my division where i work got axed.  i have two more weeks at this   job.   so far no panic, though.  i am just disappointed, this was the best job i have ever had,   but the company i work for is having financial difficulties, and i became expendable.  the   company president is a fine man and a good friend of mine and had tears in his eyes   when he let us know.     "ch ch ch changes . . ."   eddie

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– TC3   just need to vent, my division where i work got axed.  i have two more weeks at this   job.   so far no panic, though.  i am just disappointed, this was the best job i have ever had,   but the company i work for is having financial difficulties, and i became expendable.  the   company president is a fine man and a good friend of mine and had tears in his eyes   when he let us know.     "ch ch ch changes . . ."   Oh eddie…     I felt that way when I found out I was fired last year(while on dialysis)…   Even though I knew I couldn’t work it still was disappointing…after the time   I put in.  {{{[[eddie}}}}} I hope you find an equally good job.  :o)  Cheryl   eddie

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- Hide quoted text — Show quoted text -just need to vent, my division where i work got axed.  i have two more = weeks at this=20 job. so far no panic, though.  i am just disappointed, this was the best job = i have ever had, but the company i work for is having financial difficulties, and i = became expendable.  the company president is a fine man and a good friend of mine and had tears = in his eyes when he let us know. =20 "ch ch ch changes . . ." eddie

 So sorry, Eddie….I know it sounds corny but a better one WILL come along! (((((((hugs))))) Lorri http://hometown.aol.com/lorr1/myhomepage/index.html

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– Hide quoted text — Show quoted text – just need to vent, my division where i work got axed.  i have two more = weeks at this=20 job. so far no panic, though.  i am just disappointed, this was the best job = i have ever had, but the company i work for is having financial difficulties, and i = became expendable.  the company president is a fine man and a good friend of mine and had tears = in his eyes when he let us know. =20 "ch ch ch changes . . ." eddie

{{{{{{{Eddie}}}}}}}  I am so sorry! Hugs, Di

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| I will keep you in my prayers, Eddie.  I firmly believe that a door | never shuts in your face without something else opening up in it’s | place.  That may be too hoaky for some, but I really believe it! Prayers are way cool and gladly accepted.  I generally keep my belief system out of this room as I do not want to offend someone of another faith.  But I do believe heavily in prayer and receive that with gratitude. thanks! eddie

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Eddie, Since you have no regrets and will be able to collect unemployment I suggest that while you are off you should atleast enjoy the time off as much as possible… smiles, elise   Actually, it is OK.  I have slush fund with about three months of salary, my wife has a   pretty good job, I will qualify for unemployment, so we are OK with the financial end   of things for a while.  The area I live in has more work than workers, so maybe I can   hold out for the right job.  The only difficult I think I will face is that I have a technological   background as a systems designer in the audiovisual and television cable fields.  We   relocated to an area where people scream for computer programmers and accountants,   neither of which I am.   This just caught me completely off guard.  I have bee through two corporate buyouts   where many of us were replaced by the other company’s staff.  So I know the ropes   here.     No regrets, just sad.   Oh well, more time for posting while I job hunt.   eddie

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just need to vent, my division where i work got axed.  i have two more weeks at this job. so far no

hi eddie,  can you draw unemployment.  does your wife work?  i would be on the streets if it werent for my wife.  course i made 2/3 of the money for 15 years of our marriage.  no we live on her 1/3 you will find another job eddie=we have confidence in you. donny

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I am sooooo sorry Eddie. That is horrible. That is really nice though that your boss felt so bad. Sometimes you just can’t help those things. It’s all about the money, right. Well, I am sure you have lots of qualifications and you can find a new job you like as much. I don’t know what else to say. I am sorry. les.     just need to vent, my division where i work got axed.  i have two more weeks at this     job.

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Actually, it is OK.  I have slush fund with about three months of salary, my wife has a pretty good job, I will qualify for unemployment, so we are OK with the financial end of things for a while.  The area I live in has more work than workers, so maybe I can hold out for the right job.  The only difficult I think I will face is that I have a technological background as a systems designer in the audiovisual and television cable fields.  We relocated to an area where people scream for computer programmers and accountants, neither of which I am. This just caught me completely off guard.  I have bee through two corporate buyouts where many of us were replaced by the other company’s staff.  So I know the ropes here.   No regrets, just sad. Oh well, more time for posting while I job hunt. eddie

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– Hide quoted text — Show quoted text – This is a multi-part message in MIME format. Content-Type: text/plain;    charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable just need to vent, my division where i work got axed.  i have two more = weeks at this=20 job. so far no panic, though.  i am just disappointed, this was the best job = i have ever had, but the company i work for is having financial difficulties, and i = became expendable.  the company president is a fine man and a good friend of mine and had tears = in his eyes when he let us know. =20 "ch ch ch changes . . ." eddie

Eddie, First of all ((((((((((((HUGS)))))))))))))!  I know what it is like to be laid off!!!  :(  Secondly, I admire you for taking it so well!  :) I will keep you in my prayers, Eddie.  I firmly believe that a door never shuts in your face without something else opening up in it’s place.  That may be too hoaky for some, but I really believe it! Good Luck!!!!!! and keep us posted!!!!! Love, Katie — "A word to the wise ain’t necessary.  It’s the stupid who need the advice." —Will Rogers Before you buy.

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just need to vent, my division where i work got axed.  i have two more weeks at this job. so far no panic, though.  i am just disappointed, this was the best job i have ever had, but the company i work for is having financial difficulties, and i became expendable.  the company president is a fine man and a good friend of mine and had tears in his eyes when he let us know.   "ch ch ch changes . . ." eddie

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- Hide quoted text — Show quoted text – just need to vent, my division where i work got axed.  i have two more weeks at this job. so far no panic, though.  i am just disappointed, this was the best job i have ever had, but the company i work for is having financial difficulties, and i became expendable.  the company president is a fine man and a good friend of mine and had tears in his eyes when he let us know. "ch ch ch changes . . ." eddie

Dear Eddie, I don`t know what to say but that I am so sorry that this has happened to you ( I am sure that you will find another job. Take care and please vent when ever you need to, we are here and we will get you though this!! {{{{{Eddie}}}}} Jackie

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- Hide quoted text — Show quoted text -ubject: lost my job. . .eeek! This is a multi-part message in MIME format. Content-Type: text/plain;    charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable just need to vent, my division where i work got axed.  i have two more = weeks at this=20 job. so far no panic, though.  i am just disappointed, this was the best job = i have ever had, but the company i work for is having financial difficulties, and i = became expendable.  the company president is a fine man and a good friend of mine and had tears = in his eyes when he let us know. =20 "ch ch ch changes . . ." eddie -sorry eddie.  i know how you feel.  i was laid off in jan after 15 years.  no

unemployment and now no money donny

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Question:

- Hide quoted text — Show quoted text – Yes he is referring to Robert Milton.  It’s clearly hypocritical for Air Canada to brag about ‘repatriating" jobs to Canada when their last 3 CEOs and many of their upper management are American.  When Air Canada repatriates the CEO and other executive positions then they can brag all they want. Milton and his predecessors had homes in Montreal and paid taxes in Canada. So while he may have very american accents (Harris and Durrett) and attitudes, the AC CEO jobs has remained in Canada. I have respect for Milton. The guys is a smart fox. Doesn’t mean I would trust him, but I still respect him. I have a feeling that it is the employees directly under him who fear the guy and are isolating him from any bad news because they don’t want Milton to be mad at them.

If that is truly the case, then he is doomed.

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Not sure what you mean by this – are you referring to Robert Milton being an American?  For that sake, isn’t Carty at American Airlines in Dallas a Canadian? Yes he is referring to Robert Milton.  It’s clearly hypocritical for Air Canada to brag about ‘repatriating" jobs to Canada when their last 3 CEOs and many of their upper management are American.  When Air Canada repatriates the CEO and other executive positions then they can brag all they want.

I was.   I think people are getting tired of Air Canada’s patriotic baloney. Mapleflot is bad for Canada.  Period.

The "patriotic baloney" is just a way to take the Canadian market for granted. And BTW, I agree with the poster (JF?) who made the comment that Milton is not stupid. AC’s strategy is getting pretty clear, reading between the lines.  And probably smart too, assuming they don’t get into heavy flak from the US. So, they have their domestic monopoly, plus a fairly substantial control on the transborder market.  These have been turned into a cash cow.  And this should go on for a few years, perhaps as long as five, six years. So, they are sitting on that and using some to finance a very agressive move into the US-overseas market.  Using mostly YYZ, but also YUL and YVR as their hubs. If you look around for consolidator fares from the US to either europe or Asia, you’ll quickly discover that these days, AC is undercutting everybody.  Even Malaysia, Air India and the like. So, at the fares they currently charge (I just paid close to CAD 600 for a 21 days ORD-YUL round trip, which was the cheapest available when I booked, although they had a seat sale just a few days later), they break even on 50% load factors or so.  Then they can use the excess capacity at heavy discounts in an attempt to break big time into the US market.  And, except for the shitty plonk they serve in J, and the occasional KGB-trained flight attendant you get, even in J, usually out of Montreal on international routes, it’s true that their service remains distinctly better than the US competition. (And with the cost of living in Canada at least 20% below the US, their costs, especially labor, are low too.) Anyway, this is why they are opening all these apparently silly US destinations. So, who wins and who loses?  Their stockholders are the big winners, and the Canadian consumer pays the bill.  But who cares, let’s wraps them in the Maple Leaf, play the inferiority complex thing which I am sure Milton understands as well as anyone.  And with their Montreal base, this even works in Quebec, how lucky… Of course, if this gets too transparent or if they get too successful, they’ll get in trouble in the US, and rightly so, since it’s clearly unfair competition to the US carriers.  But then again, let’s see how long they can get away with.  And when they get in trouble with the Nafta stuff, they’ll wrap themselves in the flag more than ever and they’ll rally the Canadian crowd behind them against that eveil power south of the border. I must say, with an American in the driver’s seat, it’s kind of funny though. If it weren’t us paying the bill…. Luc — The University of Calgary,         Department of Mechanical Engineering Phone: (403) 220 5792              Fax: (403) 282 8406 http://www.ucalgary.ca/~bauwens/                

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I always wanted to be a Canuck…I just don’t skate so good. -g – Hide quoted text — Show quoted text – Yes he is referring to Robert Milton.  It’s clearly hypocritical for Air Canada to brag about ‘repatriating" jobs to Canada when their last 3 CEOs and many of their upper management are American.  When Air Canada repatriates the CEO and other executive positions then they can brag all they want.

Response:

Yes he is referring to Robert Milton.  It’s clearly hypocritical for Air Canada to brag about ‘repatriating" jobs to Canada when their last 3 CEOs and many of their upper management are American.  When Air Canada repatriates the CEO and other executive positions then they can brag all they want.

Milton and his predecessors had homes in Montreal and paid taxes in Canada. So while he may have very american accents (Harris and Durrett) and attitudes, the AC CEO jobs has remained in Canada. I have respect for Milton. The guys is a smart fox. Doesn’t mean I would trust him, but I still respect him. I have a feeling that it is the employees directly under him who fear the guy and are isolating him from any bad news because they don’t want Milton to be mad at them.

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Milton is a Canadian now – he got his citizenship.  Surely you don’t have a problem with immigrants, do you?

ROFL!! It’s a nice PR move but doesn’t change the fact that the last three CEOs hired have been American and many in upper management are American. Please don’t tell me Harris and Lamar are "Canadian" now.  Is Lamar still living in Quebec like AC’s PR department said he would when he retired? Obviously AC knows more about public manipulation…I mean public relations than AMR does.  Obviously AMR should have told all it’s employees in the U.S. working on the CP contract to get their Canadian citizenships. Mike

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Whats so far fetched about it???  Canada lost jobs to the USA when CP signed a deal with the devil (AA) to keep it afloat a few years back – thus the term repatriate – I think this is great.

However, are you sure that those accounting jobs were really in dallas as opposed to working for a dallas based company ? I.E. were the accounting employees living in the USA, paid by SABRE-USA, or were they based in Vancouver/Calgary working for Canadian but paid by Sabre as part of the systems management contract ? Was CP’s web site designed and maintaines in the USA by SABRE, or was it designed and maintained by canadians in Vancouver whose employer happened to be SABRE ? I expect Air Canada to make as much PR mileage as it possibly can, and I expect some exagerations in the benefits. Rememeber, they promised no job losses and no involuntary transfers, so they are not about to start bragging about how they are taking work away from vancouver sabre employees and transefring it to AC employees in winterpeg. They won’t be bragging about hudson general employees losing jobs because baggage handling is shifted to AC employees, or Inter Canadien employees losing their jobs, or Skychefs employees losing jobs etc etc etc etc. Heck, Air Canada’s web sites is just as american as CP’s since it is designed by an american company IBM. (CP’s is designed by SABRE). In both cases, the work is really done locally by canadians who happen to work for a large multinational corporation).

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– Hide quoted text — Show quoted text – Not sure what you mean by this – are you referring to Robert Milton being an American?  For that sake, isn’t Carty at American Airlines in Dallas a Canadian? Yes he is referring to Robert Milton.  It’s clearly hypocritical for Air Canada to brag about ‘repatriating" jobs to Canada when their last 3 CEOs and many of their upper management are American.  When Air Canada repatriates the CEO and other executive positions then they can brag all they want. I think people are getting tired of Air Canada’s patriotic baloney. Mapleflot is bad for Canada.  Period. Mike

Milton is a Canadian now – he got his citizenship.  Surely you don’t have a problem with immigrants, do you?

Response:

Not sure what you mean by this – are you referring to Robert Milton being an American?  For that sake, isn’t Carty at American Airlines in Dallas a Canadian?

Yes he is referring to Robert Milton.  It’s clearly hypocritical for Air Canada to brag about ‘repatriating" jobs to Canada when their last 3 CEOs and many of their upper management are American.  When Air Canada repatriates the CEO and other executive positions then they can brag all they want. I think people are getting tired of Air Canada’s patriotic baloney. Mapleflot is bad for Canada.  Period. Mike

Response:

But for god’s sake, what a wording?  And BTW, you conveniently cut my next sentence: if they care so much, when are they going to "repatriate" the CEO’s job?

Not sure what you mean by this – are you referring to Robert Milton being an American?  For that sake, isn’t Carty at American Airlines in Dallas a Canadian? About the wording: you repatriate the remains of troops who died in foreign wars, things like that.   But sorry, my feeling is that using these words in the current context is just obscene.  The worst kind of spin.  But yes, I am sure it works …

Words can be used in many contexts – there is no right or wrong unless its a gramatical error.  If repatriates offends you in that context in an obscene way – thats your opinion

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AIR CANADA TO CREATE UP TO 170 NEW ACCOUNTING JOBS IN WINNIPEG    MONTREAL, April 11 /CNW/ – Air Canada today announced its plans to create [...] repatriation of accounting work [etc...] For god’s sake…

Whats so far fetched about it???  Canada lost jobs to the USA when CP signed a deal with the devil (AA) to keep it afloat a few years back – thus the term repatriate – I think this is great.

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– Hide quoted text — Show quoted text – AIR CANADA TO CREATE UP TO 170 NEW ACCOUNTING JOBS IN WINNIPEG    MONTREAL, April 11 /CNW/ – Air Canada today announced its plans to create [...] repatriation of accounting work [etc...] For god’s sake… Whats so far fetched about it???  Canada lost jobs to the USA when CP signed a deal with the devil (AA) to keep it afloat a few years back – thus the term repatriate – I think this is great.

Well, it’s clear that their spin was based upon appealing to the nationalist inferiority complex.   Which you seem to endorse. But for god’s sake, what a wording?  And BTW, you conveniently cut my next sentence: if they care so much, when are they going to "repatriate" the CEO’s job? About the wording: you repatriate the remains of troops who died in foreign wars, things like that.   But sorry, my feeling is that using these words in the current context is just obscene.  The worst kind of spin.  But yes, I am sure it works … And on substance, I am sure that if we cared more about competitiveness, and less about "repatriation of jobs," our unemployment figures would actually look better, not worse.   And I wish the governement would recognize that AC’s monopoly is actually bad for the Canadian economy.  Just look at what has been happening to transborder fares lately.   Just one example: If I were in the tourism industry, I would not be terribly happy. Luc — The University of Calgary,         Department of Mechanical Engineering Phone: (403) 220 5792              Fax: (403) 282 8406 http://www.ucalgary.ca/~bauwens/                

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AIR CANADA TO CREATE UP TO 170 NEW ACCOUNTING JOBS IN WINNIPEG    MONTREAL, April 11 /CNW/ – Air Canada today announced its plans to create [...] repatriation of accounting work [etc...]

For god’s sake… I should have guessed, following the AF switch to English debacle, that ridicule doesn’t kill, but still?   And BTW, when are then going to repatriate AC’s CEO position, if these things matter so much?   (Oh, and BTW, just back to ORD after a snowed-in weekend in YUL. Seems like the $6 Talus Zin has disappeared from AC’s list of plonk served in J. I suspect the rest of the list probably doesn’t cost them more, it’s just harder to find them at the liquor store so we can confirm how cheap they are.) Oh well… Luc — The University of Calgary,         Department of Mechanical Engineering Phone: (403) 220 5792              Fax: (403) 282 8406 http://www.ucalgary.ca/~bauwens/                

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AIR CANADA TO CREATE UP TO 170 NEW ACCOUNTING JOBS IN WINNIPEG     MONTREAL, April 11 /CNW/ – Air Canada today announced its plans to create up to 170 new accounting jobs at its main accounting operations centre in Winnipeg, Manitoba. The jobs will be created mainly as a result of repatriation of accounting work currently being done by AMR Corp. in the United States on behalf of Canadian Airlines.     The new positions in the areas of general and revenue accounting will be located at Air Canada’s Winnipeg offices on Portage Avenue. The jobs are expected to be created over a 12 month period beginning immediately. Air Canada’s provision of accounting services to Canadian Airlines will be covered by a services agreement.     “We are delighted to contribute to the economic growth of Winnipeg through the creation of additional skilled jobs at Air Canada,” said Paul Garratt, Vice President, Financial Planning and Controller.     Winnipeg is home to 2,100 Air Canada employees including finance, airport, reservations, sales and service staff, flight attendants and pilots. This number also includes more than 750 Air Canada technicians who maintain Airbus A319 and A320 aircraft for Air Canada and other clients at the airline’s technical centre in Winnipeg.

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Question:

After I posted my last message on this thread and then checked it when it appeared, I noticed that there was something wrong with the hypertext link for the ‘martial law’ article.  The article is still there, and I don’t know what caused the problem because you can highlight the link, copy it, and paste it in your location window of your browser and it works just fine.  For convenience, I’m going to repaste it below to see if I can’t get it to work this time: http://x15.dejanews.com/[ST_rn=qs]/getdoc.xp?AN=462801060&CONTEXT=924276338.1523777577&hitnum=3 That link is from the following portion:

snip The military recognizes that things might be so bad that we will need to declare martial law; here is an article of interest regarding that: http://x15.dejanews.com/[ST_rn=qs]/getdoc.xp?AN=462801060&CONTEXT=924276338.1523777577&hitnum=3

snip

Response:

As a friend I *seriously* recommend to you that you (a) are no where near a city at the start of next year, (b) are sufficiently  well-prepared for a few weeks (at least) without electricity, heat,  piped water or supermarkets (c) do not have all your savings in a bank  and (d) do not have any major property investments in or around cities.

What’s with the electricity? will it go off because the comp will deem it "inconcievable" that it was yesterday the year 99 and now it’s a year 00? (I assume you are exagerrating it. Of course, if there will not be a deliberate sabbotage at that time… But I trust our police.) Valdiss Koodeen

Response:

snip What’s with the electricity? will it go off because the comp will deem it "inconcievable" that it was yesterday the year 99 and now it’s a year 00? (I assume you are exagerrating it. Of course, if there will not be a deliberate sabbotage at that time… But I trust our police.)

You appear to be very uninformed about the seriousness of this problem, but you have a lot of company; the vast majority of Americans, and most likely people in other nations as well, do not believe there will be a major problem and are therefore not preparing.  However, the truth of the matter is that there is a significant possibility that we will see our entire economy collapse, and quite possibly the structure of our society and government as well. The regular media reports very little news regarding Y2K, and the gov’t doesn’t want a panic so they aren’t saying much, but if you will start using the Internet to find and read y2K news, your eyes will be opened. For the benefit of those reading this n.g., I am providing a couple of links to some revealing news in this regard, as follows: **** If you are complacent about Y2K because the media has reported successful testing of various computers (setting the clock ahead past 2000), then you really need to read this: http://www.webpal.org/Gas.htm It is a bit technical, but it is a REAL eye-opener about what we might really be facing at the end of the year. **** Interestingly, besides this secondary clock problem which primarily affects microprocessors outside of computers, even when the primary clock can be changed there have been some actual problems such as the PECO (Pennsylvania Electric Company) Peach Bottom nuclear power plant near York, PA that had both of its computers lock-up for seven hours during a y2k test. You can read about it here: http://www.phillynews.com/inquirer/99/Mar/09/sj/JNUKE09.htm **** The military recognizes that things might be so bad that we will need to declare martial law; here is an article of interest regarding that: http://x15.dejanews.com/[ST_rn=qs]/getdoc.xp?AN=462801060&CONTEXT=924276338.1523777577&hitnum=3 The newspaper article that was purportedly published in the Pensacola News Journal appears at the end of the above article. **** Visit us every day at http://www.cyberback.com/~velek for daily comics, links to the BEST Web-Sites, news, sports, interesting polls, and even a FREE "Last Will and Testament" and FREE Bible!

Response:

Here’s part of an email just received from a very credible source, that might be of interest. (some info has been xx’d out to conceal the writer’s identity) I have been a COBOL programmer working on accounting systems for 9 years.  I alone converted [xx-major international airlines-xx] Overseas Accounting  system to be Y2K compliant last year.  I have seen the problems; I have seen the programming standards of most programmers; I have an inkling of the amount of work that remains to be done.  I see no reasons for complacency at the moment… As a friend I *seriously* recommend to you that you (a) are no where near a city at the start of next year, (b) are sufficiently  well-prepared for a few weeks (at least) without electricity, heat,  piped water or supermarkets (c) do not have all your savings in a bank  and (d) do not have any major property investments in or around cities.

Response:

Question:

One reason a man would want to minimize his payments is because no accounting of how the money is spent is required. A lot of child support goes to buy houses in which the child has no ownership interest  and new cars for Mommy and her new hubby.If you pay the minimum support you can then spend the money directly on the kids. Trickle down child support is very inefficient. For information about how to minimize support legally check out http//www.fathers-rights.com     Mothers..If you want more support try giving more visitation and involvement, it will pay dividends.

Response:

Someone wrote. . . Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments.

. . .now let me see. . . write for FREE information about how to get information (NOT FREE) on cheating your own kids. Did I get it right?    / __  / /_  ___ _      __ ____ _  ___  ____   / /  / / / __ / _ | /| / // __ ` / / __ /  __  / / /_/ / / /_/ /  __/ |/ |/ //  /_// / / /   /  / /  /

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Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments. And why, pray tell, Calvin, would a self-respecting parent wish to avail themselves of "legal" techniques to avoid their responsiblity to their children?

test results I have been waiting for my results for 4 months  or you get some incompetent asshole who can’t do his or her own job. I know I am getting it up the ass and get this. my name ain’t even on the birth certifacte how’s this for an answer????

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Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments. This is a "must-read" report that can save you time and money.

Maybe the non-custodial parents should have read the directions on the condom package before they created their kids. That would have saved time and money too. peace. . .adrienne — adrienne fetrow                           "The groove is crucial."

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Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments.

And why, pray tell, Calvin, would a self-respecting parent wish to avail themselves of "legal" techniques to avoid their responsiblity to their children?

Response:

Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments.    "Deadbeat-Dads-R-Us"?

Or deadbeat moms. Why bicker over gender? Mom or dad, you don’t pony up to your responsibility you suck swamp gas through a straw. — Nathan Engle               Shop Steward               Electron Juggler’s Guild, Local #1 "Some Assembly Required"

Byte me. GARRYOWEN!

Response:

Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments. And why, pray tell, Calvin, would a self-respecting parent wish to avail themselves of "legal" techniques to avoid their responsiblity to their children?

Because some people are assholes, my freind. Byte me. GARRYOWEN!

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Go 7th!  Watch out for indians!!

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Keywords: Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments. This is a "must-read" report that can save you time and money.

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Write for free information on how to receive legal methods that non-custodial parents are avoiding paying child support payments.

    "Deadbeat-Dads-R-Us"? — Nathan Engle               Shop Steward               Electron Juggler’s Guild, Local #1 "Some Assembly Required"

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I agree totally, When some dad, can not pay his spouse, money to help her raise the children, What a F**king lame ass SOB. I will try to refrain from cussing, but that kind of shit pisses me off! These men think that by paying there wives this money, the wife is gonna run around town whoring around, and taking luxury cruise lines.. when in all honestly, most do not have the time for it, I know my fiancee did not have the time and sometimes still does not have the time to do all those things with me, which is fine. Like her ex refuses to pay child support sometimes, figuring that the money is going to me or something ( can someone say LOSER). Not to mention he haggled his way to lower his child support, and now he is trying to haggle even more of his child support payments!! God o mighty, there is only so much one women can do with kids, and these dead beat dads don’t pay a dime to them to help them raise not "her" kids, but "there" kids, because that is what they are, they are him and her’s kids, not just one parent, just because you get a divorce does not mean that you can wipe your hands clean of your children or of there finaces that it cost to raise them. I mean the mom gets to buy all there school stuff and cloths, while the dad gets away blind by not helping to pay for none of that, and instead runs up the country side to go camping with his new Whore of a girlfriend, and even though he takes the kids, he does not give them spending money, so the ex wife has to dig into her money and give it to them, those kind of dads i want to take a Towel with a 8-ball in it and whack them upside there heads and knock some sense into them and maybe Say to them " If you can not take care of your children , then don’t do anything at all with them, because you sure as shit did not earn to talk to them" and walk away. If anyone on this board is someone who does not want to pay child support to help raise there kids, I pity you, because it will all reflect on you later, when your children find out about it, or they may know already, and later on, when they can better understand what you are or were doing, you will understand why they will not want to help you or talk to you. because you need to remember, ( jokingly) that those kids will be picking your nursing home when you get older, I wonder what they do to you, or what kinda home they will place you in. Nick

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Question:

Can you close fiscal periods in QB Pro? How do you deal with an invoice that is dated for last month that comes in late but you do not want to change last month’s financials?? Is Peachtree or MYOB better at this??

QB allows posting to prior periods, but you can password-protect prior periods to prevent unintentional posting. I presume you mean a vendor’s invoice ("bill" in QB terminology).  If you want it recorded in the current period, you must enter it with a current date.  Same applies to any accounting software that I know.  You can override the default due-date, set it to any date you wish. Which software is "better" at this?  Depends on your preferences.  I’m satisfied with QB.

Response:

Can you close fiscal periods in QB Pro?

No, except in the sense that you condense transactions for a year after the end of the second year. Yes in the sense that a password can stop someone from changing posts to a period. How do you deal with an invoice that is dated for last month that comes in late but you do not want to change last month’s financials??

Enter it this month, with a memo for the actual date. Is Peachtree or MYOB better at this??

I will let their users answer this. Mike Block, Tax Fighting C.P.A. 954-566-7540, fax 7541 QuickBooks Prof. Advisor & Official #1 QB 6 Top Tester   biz.comp.accounting co-moderator for spam free news    275 E Oakland Park Blvd, Ft. Lauderdale, FL 33334

Response:

Can you close fiscal periods in QB Pro? How do you deal with an invoice that is dated for last month that comes in late but you do not want to change last month’s financials?? Is Peachtree or MYOB better at this??

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Question:

If you won’t be around, dry storage will keep her from sinking while unattended for long periods.  Not to mention growth, electrolices etc. Of course cost has a lot to do with it.       Mike

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In an ideal world, we’d find the perfect cruising boat two weeks before beginning our cruising lifestyle.  This is the real world — ’nuff said.  So if we buy a boat many months before we’re actually prepared to start using it, is it better to store it in or out of the water?  Which would be likely to be less expensive? The place it would be kept would most likely be North Carolina, over the coming winter.  It would probably be trucked there from Florida (I’m figuring that the truckage would be less than the FL sales tax.)  Assume a 40-44 ft. boat.

Response:

In an ideal world, we’d find the perfect cruising boat two weeks before beginning our cruising lifestyle.  This is the real world — ’nuff said.  So if we buy a boat many months before we’re actually prepared to start using it, is it better to store it in or out of the water?  Which would be likely to be less expensive? The place it would be kept would most likely be North Carolina, over the coming winter.  It would probably be trucked there from Florida (I’m figuring that the truckage would be less than the FL sales tax.)  Assume a 40-44 ft. boat.

If you are buying a used boat and don’t plan to sail it this summer, keep it out and work on bringing it up to your standards while it is nice and dry.  It will give you the chance to do jobs like the bottom right without worrying about the launch date

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If you are buying a used boat and don’t plan to sail it this summer, keep it out and work on bringing it up to your standards while it is nice and dry.  It will give you the chance to do jobs like the bottom right without worrying about the launch date

Yeah, it would be a used boat, but we are not going to be working on it for most of the period while it’s stored.  We are not going to be in the same state.  We would be working on it eventually, though, so the suggestion still has merit.

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So if we buy a boat many months before we’re actually prepared to start using it, is it better to store it in or out of the water?  Which would be likely to be less expensive?

I’m not familiar with what is customary in North Carolina, but in our locale the cost of dry winter storage and wet winter storage (in a slip) are similar when not accounting for the rigging costs if it is a sailboat.  Most contracts here are based on summer/winter storage combined and you have a choice whether to stay in or not. Given that your boat will be transported to the new location, it would seem logical to store it dry and handle all those fitting out tasks that are easier on land (bottom painting, hull waxing) before putting it in the water for cruising season.

Response:

Question:

– The Maury Povich special airs on Friday February 28, 1997. Check you local listings. Visit the MagicWeb at Http://magicweb.com Sorry, we have not run a contest in two years, it is Florida.com who is advertising contests, not us!

Response:

— The Maury Povich special airs on Friday February 28, 1997. Check you local listings. Visit the MagicWeb at Http://magicweb.com Sorry, we have not run a contest in two years, it is Florida.com who is advertising contests, not us!

What’s your point?

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