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Posts Tagged ‘Accountants’

REVENUE AUDITS

A financial controller in a manufacturing company with 30 employees writes to The Sunday Business Post seeking advice on how to react when confronted with the prospects of a tax audit. He has noticed an over-claim on Vat and is wondering if he has to disclose this and also wonders if he is duty-bound to disclose commercially sensitive information.

GAMBLING ON THE MARGIN

The Sunday Business Post relates a cautionary tale of an unnamed Irish finance director in a leading international financial services company who is now calling for stricter regulation on spread betting after losing $750,000 “on bets that went spectacularly wrong”.

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