Opinion
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Assess Your Organization's Readiness to Execute Strategy
In these times of economic turbulence, strategy execution has become the new mantra for executives who seek growth. Executives are…
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Accountants Need to Know IT, Say CFOs
The accounting profession is one of many professions dramatically altered by the technology revolution. A tradition of paper and pencil…
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Standard costs – an effective tool for business?
Standard costing and variance analysis has been in use since the early twentieth century. In recent years the role of…
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Finally, Business Talks the Same Language… XBRL
Just as English is the universal language of commercial pilots, so XBRL soon will be the lingua franca for all…
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Ethics and Your Career
In the wake of recent corporate scandals and increased regulation of accounting practices, ethics has become one of the hottest…
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XBRL Leaders Push for Global Acceptance
With standards of corporate reporting under intensifying scrutiny, Extensible Business Reporting Language (XBRL) is the silver lining in the cloud…
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Internal audit and review reports
Internal auditors, external auditors, and consultants who perform internal audit and review engagements provide reports to management (internal audit reports).…
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An accountant wants nothing to do with the sales department
βIt is a truth universally acknowledged, that an accountant in possession of a good fortune, wants nothing to do with…
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The importance of working capital
Many organisations that are profitable on paper are forced to cease trading due to an inabilty to meet short-term debts…
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Contract Auditing: Strategizing for success
Any audit that involves either billings from or billings to third parties falls into the category of contract auditing. Audits…