This year Remote Accountant has launched nationwide franchisee accounting services, to provide multiple franchisees with seamless accounting integration, in multiple locations, and across all 50 states nationally.
Dallas, TX (PRWEB) February 18, 2014
The national accounting, bookkeeping, and tax firm Remote Accountant LLC prides itself on protecting its clients' money. Their mission is to provide unsurpassed service to individual taxpayers, entrepreneurs, small & large businesses; adhering to three key principles of professionalism, responsiveness, and quality. As businesses experience accounting blunders, it is imperative that businesses find a financial adviser who keeps abreast with federal and local tax changes.
On February 3rd The New York Times declared that Hewlett-Packard (HP) reported massive accounting errors at Autonomy, which is a British software maker that HP acquired in 2011. On behalf of HP, Ernst & Young conducted an audit on the fledgling Autonomy- resulting in an 81% cut in operating profits, and a 54% deficit in revenue. “The substantial work necessary to prepare these accounts has revealed extensive accounting errors and misrepresentations in the previously issued 2010 audited financial statements, including the problems previously identified by HP,” Michael Thacker, an HP spokesman, wrote in an emailed statement on Monday. HP warns that other accounting blunders may be inevitable. For more from The New York Times visit dealbook.nytimes.com/2014/02/03/h-p-revises-autonomy-financial-reports-citing-accounting-errors/?_php=true&_type=blogs&_r=0.
On February 3rd Business Insider declared that former chief executive Mike Lynch denied fault on Autonomy's behalf, protesting that the differences in accounting standards between the United States and Britain are to blame for the accounting deficit. Lynch has mandated that evidence be provided to support HP's claims. Business Insider quoted an Autonomy spokesperson, " We continue to reject these allegations by HP. Given the size of HP's write-down, we are very surprised by the small size of the adjustments in Autonomy Systems Limited that are attributed to the ongoing accounting dispute, which represent a few per cent of group revenue. We know even these include revenue that will be recognized at a later time, under HP's new approach." To read Business Insider's full commentary visit businessinsider.com/hp-restates-autonomys-2010-financials-2014-2. To view a revised Autonomy financial report for 2010 go to scribd.com/doc/204282173/Revised-Autonomy-Systems-Ltd-2010-Financial-Report.
This year Remote Accountant has launched nationwide franchisee accounting services, to provide multiple franchisees with seamless accounting integration, in multiple locations, and across all 50 states nationally. Understanding how to garner the greatest return for every tax dollar is a job within itself; the specialists at Remote Accountant LLC know taxpayers work hard for their money. As rates, incentives, breaks, and penalties vary both federally and by state, it is imperative that businesses secure a reliable taxation firm.
The professionals at Remote Accountant LLC utilize the newest cutting edge technology to provide clients with accounting services. Including live video chat and encrypted pc to pc log on for automatic updating, so that accounting, bookkeeping, and tax filings are streamlined. Remote Accountant LLC provides a wide range of services that can be found on their website at http://www.remoteaccountantllc.com, or on their firm introduction video.