Search Results for: accountancy

AT a time when the world seems increasingly led by lifelong politicians, it is perhaps refreshing to hear from a political leader who has a solid background in business, and such is former Canadian Prime Minister Paul Martin.

Speaking to Accountancy Futures, he showed how more than half-a-century of business and public life can be brought to bear in financial and commercial mentorship.…

EXPERTS representing accounting bodies from around the world urged accountants in Africa to help reduce corruption and mismanagement in their governments through effective bookkeeping and auditing, as the continent moves towards sustainable growth. The 2^nd Africa Congress of Accountants (ACOA) gathered in Accra, the capital of Ghana, from May 14-16.…

THE PHILIPPINES, which with 95 million people, has the 12th biggest population in the world, is among the world’s most promising emerging markets, and international business and accounting services are taking note. GDP was up by around 7% in 2012, with 6% growth forecast for 2013, and the country’s accounting sector is capitalising on its strong economic growth.…

SUCCESSION issues are a significant and growing challenge for companies and could be an opportunity for qualified accountants who may step up internally or be drafted in to even become the next CEO or CFO.

“Many businesses spend very little time, if any, thinking through who will lead the various aspects of their business in the future,” said Karen Young, a director for the senior finance section of global recruitment experts Hays, and whose remit includes qualified accountancy jobs including finance director, financial controller, management accountant, financial accountant, or practice accounting.…

IT seems for all the world like the setting for a Graham Greene novel: a British-trained chartered accountant in charge of an almost unfathomably wealthy state-owned holding corporation in a distant outpost.

Yet Greene would barely recognise the 21st century context in which Our Man in Kazakhstan operates.…

IS the suitcase or manila envelope full of cash still a favoured means of exchange between briber and bribed, or has bribery become so sophisticated that such basic methods are now foresworn? It would appear so – at least, third parties are now readily employed to obscure a bribe trail.…

Strengths:

China has a booming e-commerce sector, and growing online drinks retailers are building more warehouses nationwide. They need to balance ‘just-in-case’ and ‘just-in-time’ demands and also the need for flexibility versus low inventory. Negotiating these logistical pressures is vital in this huge yet highly fragmented market.…

INDIA’s auditors have had a difficult time in the court of public opinion since the revelations of the USD1 billion Satyam Computer Services scandal. A new Companies Bill might change that – although it will also inflict some pain on India’s auditors.…

CHINESE auditors connected to big accountancy firms are facing a potential ban on them practicing before the US Securities & Exchange Commission (SEC). This might happen if a judge confirms they willfuly withheld details of audits or interim reviews of nine unidentified Chinese firms whose principal operations are in China but whose shares are traded in the US and who are the subject of ongoing SEC fraud investigations.…

THE WEALTHY city state of Singapore seems to have glided through the global financial crisis, but the country only narrowly avoided recession and this slowdown has affected its important accounting sector. GDP growth in Singapore grew in 2012 was projected to be 1.2%, down from 4.9% the previous year.…