They can get away with it

[said]

Yet another building company has gone bust in Liverpool, these all follow a set pattern.

A company will set itself up as a Construction Company. They take out a loan for say £12 million from a financial company. Then they purchase a plot of land, have an architect draw up plans, get the plans passed by the council, buy a few materials for building, hire building staff and start constructing whatever. Then they go bankrupt, owing £millions to the loan company (who are insured anyway) The insurance companies are invisible earnings for the government - so basically tax payers pick up the bill.

Meanwhile, the company that has gone bust,, have sister companies that suddenly become very healthy financially, and the directors continue to greater wealth. This is happening on a far too regular basis all across the UK - imagine the £billions it is costing the tax payers? And it is completely legal.

I think that every company under an umbrella scheme should be listed under one record, no matter whose name appears as a Director, and if one goes bust the other sister companies should be made to pay for it.

[Alikado]

Yet another building company has gone bust in Liverpool, these all follow a set pattern.

A company will set itself up as a Construction Company. They take out a loan for say £12 million from a financial company. Then they purchase a plot of land, have an architect draw up plans, get the plans passed by the council, buy a few materials for building, hire building staff and start constructing whatever. Then they go bankrupt, owing £millions to the loan company (who are insured anyway) The insurance companies are invisible earnings for the government - so basically tax payers pick up the bill.

Meanwhile, the company that has gone bust,, have sister companies that suddenly become very healthy financially, and the directors continue to greater wealth. This is happening on a far too regular basis all across the UK - imagine the £billions it is costing the tax payers? And it is completely legal.

I think that every company under an umbrella scheme should be listed under one record, no matter whose name appears as a Director, and if one goes bust the other sister companies should be made to pay for it.

They are the developers not the builders.

[local]

So your not an accountant then Prof?

[Stuartli]

So your not an accountant then Prof?

Jack of all trades, master of none?

Google has a lot to answer for......

[said]

They are the developers not the builders.

That's right!

[said]

So your not an accountant then Prof?

Another field entirely, rather a boring one too!

[said]

Jack of all trades, master of none?

Google has a lot to answer for......

In our family, in addition to our learning skills we were brought up so that we can each turn our hand to many trades, a very useful talent that saves a lot of £££££££££'s, makes a lot of friends and good conversation.

You can use google if you want to - but it does not cover everything you would need to know in depth.

[local]

In our family, in addition to our learning skills we were brought up so that we can each turn our hand to many trades, a very useful talent that saves a lot of £££££££££'s, makes a lot of friends and good conversation.

You can use google if you want to - but it does not cover everything you would need to know in depth.

Well for once I have to agree the ability to be able to turn your hands and brain to many tasks is important.

Knowing when it's not actually saving you anything and the result is poor is important.

[seivad]

Another field entirely, rather a boring one too!

The term 'accountant' is a professional designation. What follows qualification depends on your career choice. You can opt for the dry and dusty world of public accounting, or, even worse, a Government position, which might take you into the snooze inducing world of auditing. These are just a couple of examples of jobs that I would consider boring.

On the other hand, you can chose a job in the cut and thrust world of industry. Initially we all have to pay our dues in the field, but this can be nothing more than the first step on the corporate ladder, with a long term view of progressing to a senior level. Your title will not be 'accountant'. This is just one of the qualifications that got you to a senior level.

I can assure you that once you reach this level, the job is anything but boring. Other people prepare the numbers. One of your functions is to make operating decisions based on the numbers, and numerous other considerations. It's challenging, risky, often stressful, but never, ever boring.

[Stuartli]

You can use google if you want to - but it does not cover everything you would need to know in depth.

Well it took you a long time to work that one out. Probably because you perhaps don't know how to use it properly and and also because it's a long way removed from the original Google capabilities. Advertising now rules the roost....