Wednesday, September 16, 2009

Accounting

So the low down on the business side of things is that our accountant has only just starting our accounts this week. She hopes to be finished by 28/09/09. I have booked an auditor myself as it seems a lot of accounting firms are no longer doing audits due to a new government regulation or something like that.

While phoning around and trying to find an auditor, I came across a firm that is part of Nexia International which is a worldwide known accounting firm that independent firms can align with. The company going to do our audit is a part of this and I found a company in Bangalore who is also aligned with them. I sent off an e-mail to them to say hi and introduce ourselves and ask if they take on foreign owned companies. I got a response within a few hours to say they can help us with the start up of our branch office. I loved the closing statement in the e-mail. It said, "Looking forward for fruitful and long term association with you." It is such an Indian way of speaking, I LOVE IT.

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