If you own a business, chances are you have a corporate tax accountant who handles all of your
financial matters. Consider, for a moment, how you would feel if your
corporate tax accountant told the world all the ins and outs of your personal
finances? Chances are, you’d probably feel pretty naked and vulnerable. Well,
that’s exactly how the California Secretary of State’s Office feels right now.
The Office has finally made the decision, after facing months of pressure, to
provide its financial data online.
Of course, putting information online isn’t an entirely new thing for the Office. In fact, much of its financial information was previously available online, albeit in a somewhat jumbled, hard-to-understand format. Now, though, the Office has made the information easier to understand, placing it in separate, searchable files.
The best way for any organization to avoid being
forced into such a vulnerable position is to be honest and forthright in all of
its financial dealings. You can get help being honest and still coming out on
top by contacting Naperville financial firm Susan S. Lewis, Ltd.