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Despite a year of bad
headlines, we all know that most accountants are “good
guys”—that is, intelligent men and women of character who
respect their role as the cornerstone of the capital formation
process. Nevertheless, recent company failures caused by a few
bad apples have vividly demonstrated some of the profession’s
weaknesses and brought a spotlight to bear on the quality of
audit and attest services. 
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the full article |
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XBRL - eXtensible business reporting
language - the Internet-based computer language for business
reporting, has steadily gained visibility and momentum over
the past two years. While it's still regarded by many as a
back-office technology best left to computer geeks who
understand taxonomies, schemas, mark-up language and all that
jargon, XBRL is poised to revolutionize business reporting --
and in the process, upset the delicate balance characterizing
today's corporate reporting supply chain.
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the full article |
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| So you are at the
verge to decide what career to choose? Accountancy profession
in Pakistan and elsewhere is generally considered to be
monotonous, time consuming and 'boring' as compared to other
professions like Engineering, Arts etc. Accountants are often
projected as boring people with nothing to do except for
talking in terms of numbers, facts and figures. This may
however, be true in some circumstances, but may not hold true
in totality.
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the full article |
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| This article will
discuss the relevance of the three Cs (commitment,
coordination and communication) when developing and
implementing information systems (IS). Empirical research and
experience suggest that these three conditions are necessary,
at the least, to implement IS successfully. However, the
successful application of the three Cs alone will not
guarantee a successful information systems project, though it
can be concluded that unsuccessful application of the three Cs
may lead to possible project failure.
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the full article |
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