iamnotaparakeet wrote:
What is accounting like out in Europe? My last quarter's textbook had mentioned some about the differences between American and German systems, that the equation is still the same though the reporting order is different to emphasize liabilities. But how about in France and England? Still have the same basic balance sheets, statement of income, statement of owner's equity?
I have three entirely different sets of accounts to fill out. They all vary considerably. One is my personal tax return for France which is a nightmare especially since all the cryptic questions are in French anyway. I also have to do a personal tax return for the English tax authorities and finally a corporate tax return for my company in England - that isn't as grand as it sounds - the company's only employee is me and my income is variable between modest and none-existent - currently the latter. I hate filling in all these forms because the language is often so technical and I don't understand what I'm being asked so usually just enter zero for those things. I only had an accountant because they understand the questions and can fill these forms in correctly. However, I can't afford to use an accountant again so I've got to do a crash course on corporate accounting using a couple of books I've bought. It is all wasted time and effort from my point of view, spending countless hours messing with figures to keep some bureaucrats happy.
Anyway, I win this thread, for the moment at least.
_________________
I've left WP indefinitely.