Since you're the professional here, would The Talon need to do a stocktake? Pure curiousity here. Just a case of in Aus, a business as small as the Talon wouldn't need to report changes in stock unless it was an increase/decrease of over $2000 (or $5000, I'm too lazy to check my notes.)
They wouldn't have to, no. Which is good, because they're a pain in the ass.
Took me a while, but I decided that I think that depreciation is sexier than accruals. That could be why I didn't get any further... Sat around imagining Lex saying those two in his sexiest voice, over and over again.
Mmmm...compare and contrast, good strategy.
I have to admit, though, that the word "depreciation" gives me a headache. (Too many clients who want to deduct their luxury car as a business vehicle, and take the whole cost in the first year.) Perhaps if Lex said it to me...repeatedly...I'd overcome my fear of it.
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zvi and
Re: Yay!!!!!
Date: 2003-01-06 02:30 am (UTC)Since you're the professional here, would The Talon need to do a stocktake? Pure curiousity here. Just a case of in Aus, a business as small as the Talon wouldn't need to report changes in stock unless it was an increase/decrease of over $2000 (or $5000, I'm too lazy to check my notes.)
They wouldn't have to, no. Which is good, because they're a pain in the ass.
Took me a while, but I decided that I think that depreciation is sexier than accruals. That could be why I didn't get any further... Sat around imagining Lex saying those two in his sexiest voice, over and over again.
Mmmm...compare and contrast, good strategy.
I have to admit, though, that the word "depreciation" gives me a headache. (Too many clients who want to deduct their luxury car as a business vehicle, and take the whole cost in the first year.) Perhaps if Lex said it to me...repeatedly...I'd overcome my fear of it.