At that time, stock broking was a sideline business conducted by accountants, auctioneers, estate agents and lawyers who met to exchange prices over a cup of coffee.
A jurisdiction relying on financial statement income tends to place reliance on the judgment of local accountants for determinations of income under locally accepted accounting principles.
This kind of individual asset involves reputation, what accountants call goodwill, and/or what others call street cred, along with fame, honor, and prestige.
The other employees indicted include a pharmacy manager, a principal pharmacist, 3 senior pharmacists, 2 pharmacy accountants, the chief cashier and a stores assistant.
This alleviates the requirement for the umbrella company but requires additional capability within the organisation including professional accountants and adherence to fiscal laws.
