vd Berg_ D_reference letter IPMG
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Danette van den Berg worked as a financial services clerk, personal assistant, and bookkeeper at IPMG from February 2013 to December 2014. She performed various tasks including FICA verification, financial services administration, personal assistant work, accounting, tax, and bookkeeping. Danette has excellent communication skills, pays close attention to detail, is reliable and client-focused. While IPMG could no longer support her goals of becoming a CA(SA), her former employer highly recommends her and believes she would be a tremendous asset for any company.
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CHAPTER 26?
Bim Consultants Inc.
JOHN R.S. FRASER
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Bim Consultants Inc. is a medium-sized consulting firm. It is a corporation with 30 partners who own most of the shares. It has 10 offices across Canada with 3,000 staff, and has been in business for 30 years. Senior staff also own shares and participate in an annual bonus scheme. Salaries are generally on the low side, but bonuses in good years can be quite high. The balance sheet is sound (see?Exhibit 26.1).
Bim Consultants Inc.
Summary Balance Sheet
As of December 31, 2014
2014
2013
Year ended December 31 (Canadian dollars in millions)
$
$
Current Assets
Cash and Short-Term Investments
12
7
Accounts Receivable
175
168
187
175
Current Liabilities
Accounts Payable
34
27
Short-Term Loans
100
110
134
137
Working Capital
53
38
Fixed Assets
Leasehold Improvements
196
178
Furniture and Equipment
100
94
Less Accumulated Depreciation & Amortization
(153)
(128)
143
144
Net Assets
196
181
Share Capital
Common Shares
100
100
Retained Earnings
96
81
196
181
Exhibit 26.1?Bim Consultants Balance Sheet
The company has always prided itself on its customer focus. ¡°Customers are number one¡± has been the mantra from the chairman, Mr. Smooth, for many years. Recently, however, revenue has been stagnant, and the younger partners are getting restless, wondering if the older partners have lost their edge and whether changes are needed to return to the glory days of large bonuses.
At a recent strategic planning meeting of the major partners, the decision was made to continue focusing on customers as number one, but also to explore how to increase revenue from within the existing clientele and to explore what additional services could be provided to enrich the client experience (and revenues). It was agreed that the strength of the firm was in its blue-chip client base and that this high-quality reputation was worth preserving. Some discussions were also held around the idea of selling a minority share of the company at a large multiple, if such a deal was identified. Bim Consultants' profit and loss and retained earnings are provided in?Exhibit 26.2.
Bim Consultants Inc.
Summary Profit and Loss and Retained Earnings
For the Year Ended December 31, 2014
2014
2013
Year ended December 31 (Canadian dollars in millions)
$
$
Revenue
300
290
Expenses
Salaries
220
207
Other
20
18
Net Profit before Income Tax
60
65
Income Tax Provision
27
29
Net Income after Tax
33
36
Retained Earnings¡ªBeginning of Year
81
65
114
101
Dividends
18
20
Retained Earnings¡ªEnd of Year
96
81
Exhibit 26.2?Bim Consultants Profit and Loss and Retained Earnings
Earlier this week, the chairman received a call from the president of the Canadian subsidiary of a U.S.¨Cowned competitor, Bravado International, saying that Bravado was pulling out of Canada and would consider an offer to sell the subsidiary to Bim Consultants Inc. The Bravado subsidia.Msa
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This document provides a firm profile and overview of services for a professional services firm in the Philippines. The firm offers accounting, auditing, tax, legal, and business support services. Its vision is to be a leading provider of high quality professional services in the Philippines. The firm's mission and core values center around reliability, efficiency, integrity, and client focus. Services offered include company registration, bookkeeping, internal auditing, and tax consultancy to help clients with business setup, operations, and compliance.More from Danette van den Berg (9)
vd Berg_ D_reference letter IPMG
vd Berg_ D_reference letter IPMGDanette van den Berg
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Danette van den Berg worked as a financial services clerk, personal assistant, and bookkeeper at IPMG from February 2013 to December 2014. She performed various tasks including FICA verification, financial services administration, personal assistant work, accounting, tax, and bookkeeping. Danette has excellent communication skills, pays close attention to detail, is reliable and client-focused. While IPMG could no longer support her goals of becoming a CA(SA), her former employer highly recommends her and believes she would be a tremendous asset for any company.Sage Pastel Training course certificate
Sage Pastel Training course certificateDanette van den Berg
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Danette Van Den Berg successfully completed an assessment for Sage One Accounting in 2013, achieving an 89.51% score. The assessment was numbered T1V01119888 and was certified by Avril Zanato, the Training Manager.vd Berg_ D_reference letter IPMG
- 1. Empowering clients to make informed decisions IPMG TAX CC¨C REG NO: 2011/072274/23 - MEMBER SG GEDDIS ¨C ACCOUNTANTS - RD BEKKER AGA(SA) - D.SMITHERS AGA(SA) NATIONAL OFFICE: MILTON HOUSE, 29 MILTON ROAD, GOODWOOD, 7460 PO BOX 123, GOODWOOD, 7459 TEL: (021) 592 4488 FAX: (021) 592 4452 123@IPMG.CO.ZA - WWW.IPMG.CO.ZA Page 1 of 2 Ref: / rb / V2015-1.1 REFERENCE LETTER Date our ref your ref 15 September 2015 RB/rb/42160 To whom it may concern, Dear Sir / Madam MISS D. VAN DEN BERG I highly recommend Danette van den Berg as a candidate for employment. Danette was employed by IPMG as a financial services clerk, personal assistant and bookkeeper in the accounting and tax department from February 2013 ¨C December 2014. Danette¡¯s competencies included but were not limited to: Client Services Desk ? FICA verification ? Financial Services Administration oInvestments oLife Assurance oEmployee Benefits oTrust & fiduciary services ? Personal Assistant work oDiary Management for Owners oScheduling of flights ¨C price comparisons oFile management Accounting, Tax and Bookkeeping oProcessing customer & supplier invoices oCompilation and evaluation of client information provided / supporting documentation, after which the completion and submission of EMP201, ITR12, ITR14, VAT201 followed. oCompletion of IRP6 oCompletion and submission of CK2A, IT77R oRecording of client information provided, (individual and business taxes) medical aid taxes, capital gains taxes, offshore investment taxes, donation taxes, inheritances, retirement fund taxes, pension fund taxes, fringe benefits, after which data was used to compile Income Tax submissions. oApplication & Submission of tax directives Danette has excellent communication skills and is tactful re. confidentiality of client information. In addition, she is extremely organized, pay attention to detail, reliable and client focused. Danette can work independently, under pressure and is able to follow through to ensure the
- 2. Empowering clients to make informed decisions Page 2 of 2 work gets done. She is flexible and willing to work on any project assigned to her. Danette was quick to volunteer to assist in other areas of company operations. IPMG was no longer able to offer her the opportunity to complete her CA(SA) articles (we are a Professional Accountants firm) and furthering her studies, we suggested she seeks an opportunity outside of IPMG where she can evolve, excel and qualify as a CA(SA). We still support her in her goals of growing in her career and would welcome her back should she decide to re-join us once she qualifies as a CA(SA). Danette would be a tremendous asset for your company and has my highest recommendation. Should you have any further questions with regard to her background or qualifications, please do not hesitate to call me. Yours faithfully RD BEKKER