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Accountancy
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Issue # 031 June 25, 2003 |
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Poll Results |
| What do you think of the
budget?
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Good for the masses |
15% |
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Excellent, although i didnt read it ...! |
18% |
| Has some
good areas and some weak |
30% |
| "Best
budget in the current situation!" |
9% |
| "President
shouldn't wear the uniform!!" |
17% |
| Breaks the
back of the masses |
4% |
| Budget??!!
When was it announced? |
7% |
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In these times of
economic turbulence, strategy execution has become the new
mantra for executives who seek growth. Executives are
demanding more of their strategy efforts; a strategy must be
sound and executed before any benefits can be realized. The
Balanced Scorecard explains that one major risk confronts all
organizations who hope to achieve strategic success.
Read
the full article |
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Leasing companies have a problem or two
on their hands. In about the last three years, commercial
banks have entered the arena and are wrestling away market
share from the leasing sector. There is doubtless, nothing
illegal about that, but leasing companies complain that banks
are not bringing in fresh new business but because of the
financial muscle that they enjoy, banks are 'poaching' from
that share of the 'critical mass' which leasing companies had
laboriously built up over the last 14 years.
Read
the full article |
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The accounting
profession is one of many professions dramatically altered by
the technology revolution. A tradition of paper and pencil is
now replaced by a highly competitive accounting software
industry, and a new technical language called XBRL will soon
transform financial reporting. So it should come as no
surprise that chief financial officers expect accounting job
candidates to have technical expertise in addition to a gift
for numbers.
Read
the full article |
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Imagine this: At any
time of the day or night, and with just a few clicks of the
mouse, a financial planner or an individual investor can
access a company’s present and past financial reports in
extraordinary detail. In addition, an array of instant
analyses of those data can be performed, which displays them
either graphically or as conventional financial statements.
Within seconds a user can compare a company’s balance sheets
with those of several competitors, examine an enterprise’s
debt-to-equity ratio in any fiscal period, chart its stock
price history and download an audit client’s major
non-financial news.
Read
the full article |
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