EFTA00994830.pdf

From: "Jeffrey E." <[email protected]> To: Richard Joslin Subject: Re: FW: Trends and Reconciliation to Tax Returns Date: Sun, 03 Aug 2014 17:19:53 +0000 revenue? jan 13 payroll? it looks like looses of 6.5 million, she said raised 8.5. plus loans? On Sun, Aug 3, 2014 at 9:05 AM, Richard Joslin < > wrote: Tax returnsfiles and John Murphy comparison of tax return to excel M. I have not discussed with him — not clear on the other expenses on the "trend" file, first tab — row 42. From: John Murphy [mailto: ] Sent: Friday, August 01, 2014 4:45 PM To: Richard Joslin; Eileen Alexanderson Subject: Trends and Reconciliation to Tax Returns Richard/Eileen, I have created a simple spreadsheet (ArtSpace Trends) that shows the major Income statements and Balance Sheet items by month. I will look at this to verify where the cash is going. In the meantime I also used this file to tie back the QB financials to the Tax Returns and highlight any differences. Note 2013 is based on accruals, while 2011 and 2012 was on a Cash basis. As I look at 2012 and 2013 the major differences are disallowable T&E for Tax purposes. Comparing the tax returns to the QB files this gives us a comfort level on the validity of the data. I will perform some substantial testing to verify salaries etc. (I will also question Catherine on some of the classification of 2011 expenses) I will keep you updated as I make progress. EFTA00994830  Regards, John. John Murphy COO/CFO Phaidon Press 65 Bleecker Street New York, NY 10012 phaidon.com please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00994831