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Let's get real, says your jaded colleague Jade, our accruals for payroll taxes are such a small part of our overall expenses that our financial
"Let's get real," says your jaded colleague Jade, "our accruals for payroll taxes are such a small part of our overall expenses that our financial statements will be reasonable even if we ignore those taxes completely." This comment was part of a longer conversation in which Jade was making the case for skipping some of the yearend accruals for payroll taxes, warranties, and coupons. How should you respond to this proposal?
"Let's get real," says your jaded colleague Jade, "our accruals for payroll taxes are such a small part of our overall expenses that our financial statements will be reasonable even if we ignore those taxes completely." This comment was part of a longer conversation in which Jade was making the case for skipping some of the yearend accruals for payroll taxes, warranties, and coupons. How should you respond to this proposal?
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