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The lawsuit contends that Citibank continued to do business with Mr. Viola for years, ignoring irregularities in the documentation for the account and the large financial transactions as money flowed in and out.
The investigation is examining "the timing and support documentation for certain accounting entries or adjustments," the company said.
Begin your documentation with the account identification clearly stated.
It said the probe also concerns the timing and documentation for certain accounting entries or adjustments.
You may wish to consult your tax advisor for further information regarding US withholding and information reporting guidelines and the appropriate documentation for your account.
At the end of the transition period, the acquirer will be permitted to rely upon the predecessor's determination as to the chapter 4 status of the account holder only if the documentation that the acquirer has for the account holder, including documentation obtained from the predecessor or transferor, supports the chapter 4 status claimed.
Tester's staff has released no documentation for the accusations, offering only that each charge is supported by the accounts of at least two individuals.
Tiempo also integrates with other software and right now the company is partnered with QuickBooks Online to track and keep records of documentation for accounting purposes.
Now for the accounting.
In a similar case, Parmalat was unable to provide Grant Thornton documentation for an account, supposedly held at Bank of America, that contained $4.2 billion.
He did not have documentation for the other transactions.
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