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Approved Lore VPN Accounting LLP

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Debit: VPN's logo

OUT OF CHARACTER INFORMATION

[*]Company Submission: N/A
GENERAL INFORMATION
  • Organization Name: VPN Accounting LLP
  • Classification: Accounting firm
  • Loyalties: VPN
  • Organization Symbol: See above
  • Description: An accounting firm that provides a multitude of services: bookkeeping, financial reporting, external audit (forensic or not), taxation as well as financial planning advice

GEOGRAPHICAL INFORMATION

SOCIAL INFORMATION
  • Hierarchy: There are five levels in the firm's hierarchy, from highest to lowest:
    Equity partner (the highest level of management)
  • Non-equity partner (a managerial level)
  • Senior staff accountant
  • Junior staff accountant
  • Support personnel

[*]Membership: Currently VPN Accounting LLP has about a hundred staff accountants and a number of support personnel, in addition to five equity partners and another eight non-equity partners. It depends on the level of experience and skill of prospective new hires: new graduates in accounting that have yet to earn their CPA designations will be hired at the junior staff level, while other support personnel, such as accounting clerk and other clerical and maintenance workers, remain at that level until such a time has come to promote them to the support personnel equivalent of a junior staff accountant. Once a junior staff accountant earns a CPA designation, the accountant earns a promotion (and with it, a raise) to senior staff accountant, and new hires with a CPA designation can also become a senior staff accountant at start, with non-equity partners and equity partners left in tightly controlled numbers.
[*]Influence: It is growing in influence within the accounting landscape of Wild Space, but outside of the Outer Rim, it doesn't have much of an influence
[*]Climate: Most clients that are honest will feel welcomed, no matter how wealthy or destitute; discounts are available for low-income clients. However, background checks are often conducted when suspicions arise, especially if the client requests a forensic audit
[*]Reputation: It has gained a reputation in Wild Space for accurate accounting services
[*]Rules: The rules in place at VPN Accounting LLP are the following:
  • Do not disclose a client's financial information unless requested by a regulator or by the client
  • Do not engage in fraudulent transactions or operations, or otherwise criminal actions, on a client's behalf
  • Make sure that the implications of choosing a specific set of accounting standards are clear
  • Make sure all practicable options are disclosed to a client
  • Do not attempt to gouge or defraud your clients

[*]Doctrines: Representational faithfulness is key, and so are discretion, honesty and reliability. Also, it is dedicated to clarity in all financial reporting activities it performs on a client's behalf.
[*]Goals: It provides a wide array of accounting services, as well as financial counseling services, to clients, both individuals and corporate. Long-term, VPN hopes to grow beyond the planet.

MEMBERS

HISTORICAL INFORMATION
After feeling that accounting was, in the context of Wild Space, a rather exotic profession to practice among this sea of spacers and mom-and-pop businesses that arose to support them, Griet, Leastre and a few other CPAs, all of which come from ORC space, decided to take advantage of the opportunity given by the regime overthrow on Akarui to "hang their shingle" (in accounting parlance) and set up shop on Akarui, where the pro-ORC government in place made it easy for ORC-affiliated organizations to set up shop. However, since in Wild Space, accounting was perceived as an unglamorous profession, Griet et al had to look far and wide for staff for setting up an accounting practice and benefit from the economies of scale afforded over a smaller practice.

After the initial success of the firm on Akarui and elsewhere in Wild Space, VPN Accounting LLP sought to expand beyond the means typically used by accounting firms, hitherto operating mostly as cottage industries, and its higher management realized that going public was the best option for ensuring its long-term growth. The resulting initial public offering marked a significant turn in the history of Wild Space's accounting world where an accounting firm actually became publicly traded. Its profile was thus significantly raised as well; however, on a galactic scale, it is still a relatively unknown firm.
 
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