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Re: tkc

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 31 Mar 12 7:39 PM | 47 view(s)
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Msg. 07155 of 54959
(This msg. is a reply to 07154 by tkc)

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Hi tkc,

thx for the explanation. I was thinking of looking back at previous years. I doubt they would have changed their treatment, so makes a good way to discover the answer.




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Re: tkc
By: tkc
in ALEA
Sat, 31 Mar 12 7:32 PM
Msg. 07154 of 54959

CF, re: accruing for bonus. For years, when the co. was much smaller, few employees, one could clearly see the the jump in payroll expense in Q1 w/o the Quarterly requisite increase in accrued payroll expense (when that was separated out). Also the incentive portion really shouldn't be accrued as there shouldn't be any anticipated that the BoD will award them or how much (of course that logic isn't applicable to Wave's BoD - but appearances..).


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