Education

  • Variance Analysis

    Variance analysis is the comparison of actual costs with standard costs. The purpose of this article is not to discuss…

  • Vigilant Spreadsheets

    Would you like to be able to scan your company’s financial operations spreadsheet and instantly see which departments are over…

  • A Napster for Financial Data?

    Imagine this: At any time of the day or night, and with just a few clicks of the mouse, a…

  • 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…

  • 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…

  • Ethics and Your Career

    In the wake of recent corporate scandals and increased regulation of accounting practices, ethics has become one of the hottest…

  • 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).…

  • 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…

  • To whom it may concern

    A key skill in accounting is the ability to clearly communicate information to management. Consequently, it is a skill that…

  • Audit evidence

    When external auditors are employed to express an opinion on the financial statements of an entity, they must ensure that…

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