Monday 15 December 2008

OVER OR UNDER REGULATION

It's not alright to accept cash payments of more than 15000 euros or equivalent or provide any form of Accountancy service (including self employed book keeping) without being registered with HMRC or an approved professional body.

It is alright to invest billions of other people's money without using one iota of common sense.

If it seems too good to be true it probably is, if a multi-billion dollar fund has a firm of Auditors consisting of one man, his secretary and a retired chap in Florida then the chances are that the accounts may have a few black holes.

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