B
bagel01
Guest
I've already posted this on boards.ie but it was suggested I might get a better respone here so here's hoping......
I'm a CIMA qualified accountant who up to now has always worked for big companies/public sector. I've just started a new job and am two months into a job in the service industry working as a Financial Controller. A firm of external accountants does the year end audit.
I'm uncomfortable with the type of expenses the owner is getting reimbursed for as business expenses (most are very obviously personal and not business expenses). The owner's children are drawing a PAYE salary from the business all year around yet only work during the summer holidays. There are other things too but these are the two ongoing things I'm aware off.
I have an idea of how I'm going to approach this but am just wondering if anyone has any experience of this and could give me an idea of what you did/would do in this circumstance.
I'm a CIMA qualified accountant who up to now has always worked for big companies/public sector. I've just started a new job and am two months into a job in the service industry working as a Financial Controller. A firm of external accountants does the year end audit.
I'm uncomfortable with the type of expenses the owner is getting reimbursed for as business expenses (most are very obviously personal and not business expenses). The owner's children are drawing a PAYE salary from the business all year around yet only work during the summer holidays. There are other things too but these are the two ongoing things I'm aware off.
I have an idea of how I'm going to approach this but am just wondering if anyone has any experience of this and could give me an idea of what you did/would do in this circumstance.