(VSOT) Any Beancounters Around???

"Jay Honeck" wrote:

Jim, if you're already using Quickbooks, the ONLY thing you need an
accountant for is the year-end stuff.

With 39 years exp in accounting/tax, and believe me or not, I've seen
nothing in QB or any such thing which can assure me the results are
accurate beyond the math. If a client has a good, basic understanding
of accounting principles and variances in tax treatment, it may be
safe to provide me with only financial statements for tax prep. This
may be your case, but it's rare in small businesses, and too often
they get just they pay for. I normally counsel at least my one-time,
thorough review of the work, with probable corrective advice to the
person doing it so future years can meet my comfort level. So much
the better if you did that already.

Fred F.

I normally counsel at least my one-time,
thorough review of the work, with probable corrective advice to the
person doing it so future years can meet my comfort level. So much
the better if you did that already.

Yeah, each year my accountant (an aviation nut, by the way) either comes out
and fixes all my previous year's screw-ups, or gives me a list of things to
change -- or both. The list grows shorter every year, but mistakes are
made.

It's always arcane, stupid stuff, like how to figure depreciation on office
equipment...nothing that can't be fixed after the fact.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"