Displaying items 101-110 from a total of 188 item(s).
by Amey Stone | Published on 10/4/2003
In the 1920s, Frank Benford, a physicist at General Electric (GE), discovered an astonishing mathematical law: In just about any given set of numerical data, numbers occur as the first or second digit at a predictable rate. For example, "1" will appear as the first digit 31% of the time, but "9" will appear first only 5%. While that sounds unlikely, Benford tested lists of numbers from many different sources accounting ledgers, geographic data, even magazine articles -- and found that the same probability persisted.
by Roger Adams | Published on 9/25/2003
Much of the post-enron debate has focused upon the particular governance role of the non-executive or "independent" directors, but less comment has been directed at the role (and behaviour) of executive directors such as the Chief Financial Officer (CFO).
by New Straits Times | Published on 9/16/2003
Few would argue today that we are living in a qualitatively different economic environment - the new economy - the electronically-mediated global economy where knowledge-intensive and innovation-driven economic activities and intellectual capital have emerged as new economic drivers.
by Mohammad R. Taheri | Published on 9/11/2003
This paper examines the basic principles and other salient features of Islamic economy, such as the principles of multi-faceted ownership, economic freedom within a defined limit and social justice. Then their effects on users of financial statements and objectives of financial statements have been considered.
by A. B. Shahid | Published on 9/5/2003
Recent revelations about corruption in the corporate sector brought into sharp focus everywhere the flawed relationship between the corporations and the communities, they operate in.
by Lawrence Richter Quinn | Published on 8/29/2003
International standards are ready to fly. But will convergence between the US and the world cause delays? By all accounts - well, by most accounts - it's a done deal. After years of planning, the world is heading toward convergence of accounting standards, with most industrialized countries already pledged to commit by 2007 at the latest.
by L. Gary Boomer | Published on 8/25/2003
There is an old saying about picking the low-hanging fruit first. The same is true when it comes to selecting technology projects. Many firms have already completed the easy projects, only to find that it’s time to move up. And they may also find it more difficult to both select new technology projects and implement them.
by Mario Bognanno | Published on 8/19/2003
The success of organizations that effectively implement strategy and get breakthrough results using the Balanced Scorecard demonstrates the critical importance of executing strategy throughout the organization. Executives must find a way to translate the strategy in a way that motivates individuals throughout the organization to make strategy everyone's everyday job.
by Chris Quick | Published on 8/17/2003
Senior partners at PwC will have been spluttering over their mineral waters last month as they read the annual results of their closest rival Deloitte & Touche. They may have enjoyed a bit of schadenfreude over the last year as tales emerged of culture clashes between Deloitte staff and their new colleagues from Andersen, but Deloitte’s audacious takeover of a large part of Andersen UK’s former business a year ago this month has put PwC’s position as Britain’s biggest firm in danger.
by Roopen Roy | Published on 8/8/2003
As the noise on level playing field, rotation, advertising and fair competition is rising, the real issue is being brushed under the oriental rug — the regulations of the ICAI has remained unaltered, although the world around us has completely changed.