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Accountancy
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Issue # 030 June 16, 2003 |
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Poll Results |
| What do you think of the
budget?
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Good for the masses |
18% |
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Excellent, although i didnt read it ...! |
18% |
| Has some
good areas and some weak |
28% |
| "Best
budget in the current situation!" |
10% |
| "President
shouldn't wear the uniform!!" |
13% |
| Breaks the
back of the masses |
4% |
| Budget??!!
When was it announced? |
9% |
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With standards of
corporate reporting under intensifying scrutiny, Extensible
Business Reporting Language (XBRL) is the silver lining in the
cloud hanging over the corporate world, leaders of the
financial community were told at an investment industry forum.
Read
the full article |
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Just as English is the universal
language of commercial pilots, so XBRL soon will be the lingua
franca for all business reporting—from issuing financial
statements to banks and shareholders to uploading business
information onto a Web site. The development surely will
revolutionize how business data are reported, used and
calculated.
Read
the full article |
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In the wake of recent
corporate scandals and increased regulation of accounting
practices, ethics has become one of the hottest buzzwords in
accounting. And organizations aren't just paying lip service
to this trend, they're taking concrete steps to ensure they
abide by a strong set of values, such as creating a code of
ethics or hiring an ethics officer.
Read
the full article |
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Standard costing and
variance analysis has been in use since the early twentieth
century. In recent years the role of standard costing and
variance analysis as a useful part of the management
accounting tool kit has been increasingly questioned.
Read
the full article |
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