Thunder Good-Oil
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- Dec 2, 2011
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Wow, nothing worse than working for people who don't want to do things correctly. I ran into a few like that, and it made me wonder if the attitude came from upper mgt. I looked at a large manufacturer that intentionally failed to pay or accrue a substantial number of invoices for expense items late in the year. They were trying show more/improved profit to get a better year end bonus/raise. Stupid.
I've also seen Management say we better not owe money for a tax audit, and the person in charge materially over pay taxes. failing to question the taxability of some things. Thing is the tax examiners/auditors often don't quest items were tax has been paid so overpayments are gone forever.
Some of it was so bad it was comical. I had a marketing director have extra money in their budget thinking that all they had to do to keep it was to call vendors at quarter end and order a bunch of stuff. They also did the opposite. Hold off on submitting invoices after goods were delivered or services rendered to stay under budget for the period close. I have a lot of respect for those that run their businesses ethically.
Sales people would also have the misconception that if the company traded for a product and they took it as compensation/commission that it shouldn’t hit their W-2s. Newly hired manages also thought that paying for their moving expenses and apartments were non-accountable freebies that were tax exempt. I wish that I kept good notes over the years. I could have written a few books.