the end of the year? It's not enough that there are holidays that require a high level of involvement. I'm ok with that because I love spending family and friends! :)
Is anyone familiar with the term SOX or Sarbanes-Oxley? It is a United States federal law enacted on July 30, 2002 in response to a number of major corporate and accounting scandals including those affecting Enron, Tyco International, Adelphia, Peregrine Systems and WorldCom. These scandals, which cost investors billions of dollars when the share prices of the affected companies collapsed, shook public confidence in the nation's securities markets. This only affects public companies like the one I work with not any privately owned companies.
Basically it states that in order for something to be billed in against a specific calendar year, the work must have happened or at least started in that calendar year. Sooooo, if your company has a surplus of money at the end of the year and doesn't need office chairs or copy machines that you must use it on projects that year otherwise you lose it and it disappears into a black hole called the bottom line for that corporation. Hence why I've worked 3 twelve hour days in a row getting projects started and moving so we can bill against the 2008 budget instead of the itsy bitsy 2009 budget.
However, being gainfully employed at an economic time such as now is a good thing so I just shut my mouth and plug along. Is anyone else out there dealing with the same craziness or is this all some big joke being played on me?
3 comments:
Okay... call me obsessed, but this is JUST like last week's episode of "The Office." They found a $4000 surplus and had to use it by the end of the day... chairs or copy machine? Chaos ensued. (I should be a summary writer, right?!)
I was just going to ask if you worked at Dunder Mifflin...
Sometimes I feel like it! :)
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