Management Accounting (British) back issues from February 2000:
Swapping computer screen for sun screen.
Feb 01, 2000 ... CIMA member Kevin Murphy, 32, will be swapping his office and computer screen for the sun and sand of a Barbados beach after winning the New Management Accountant of the Year competition, sponsored by financial recruitment specialists HW Harrison Willis and CIMA. Kevin, Head of ...
Revolutionising communication for members.
Feb 01, 2000 ... CIMA has launched a `first' for a professional body through an affiliation with YAC (You're Always Connected), an internet-based telecommunications service enabling users to control how, when and where people communicate with them. YAC combines telephone, fax, e-mail and ...
UK business yet to benefit from internet sales.(Statistical Data Included)
Feb 01, 2000 ... Despite current internet fever and predictions of an e-shopping boom for Christmas, only 6% of British companies have made significant sales over the Internet, according to a December survey of Britain's financial directors and financial controllers conducted by CIMA. This finding comes at ...
Accountability for the not-for-profit sector.
Feb 01, 2000 ... If Harvard Business School Professor Regina Herzlinger has her way, the health sector, charitable bodies, the arts and the voluntary sector will be revolutionised by her `Four by Four' system to inject accountability into the not-for-profit sector. Professor Herzlinger was ...
An opportunity for accountants to add value.
Feb 01, 2000 ... CIMA has strongly welcomed recommendations to raise the turnover threshold for statutory audit from 350,000 [pounds sterling] to 4.2m [pounds sterling] as an opportunity for accountants to offer more worthwhile services that add value to small business. Tony Dart, CIMA's ...
CIMA recognised as an Investor in People.(Statistical Data Included)
Feb 01, 2000 ... CIMA received good news at the end of last year when its UK-based operation was formally recognised as an Investor in People. CIMA joins ICAEW in an exclusive band of professional bodies that have reached the standard. Recognition reflects the culmination of more than two years' ...
MBE for Bernadette Windsor.
Feb 01, 2000 ... CIMA's Telephonist, Bernadette Windsor, received the MBE in the New Year Honours List. Bernie has been with CIMA since 1974 and has tremendous enthusiasm for the Institute. Her dedication to her vocation has been a constant thread in a career in which, over the years, has helped tens of ...
Key regulatory appointment announced.
Feb 01, 2000 ... Lord Borrie QC, chairman-designate of the Foundation, has announced that Sir John Bourn KCB had agreed to accept appointment as chairman of the Review Board, the monitoring body that will play a key part in the new system for regulation of the accountancy profession. ...
The internet doesn't add up for accountants.(Statistical Data Included)
Feb 01, 2000 ... Only 6% of small and medium-sized accounting practices consider the internet a key issue that they are currently addressing, according to independent research by Compaq. The study also revealed that only 10% of accountancy firms put IT as the number one business issue on their agenda. In ...
First steps to profiting from the net.
Feb 01, 2000 ... The e-business myths created by the rush to `e-everything' in business must be eradicated if companies are to profit from commerce over the net, according to Graham Oates, Head of Solutions at KPMG Consulting. Speaking alongside Steve Ballmer, President of Microsoft Corporation, at the ...
Inefficient budgeting costs companies dearly.
Feb 01, 2000 ... Inefficient budgeting systems and processes are consuming an average of 20% of senior and financial managers' time, increasing to 30% in some cases, according to John Fanning of KPMG Consulting. Speaking at the ICAEW's `21st Century Budgeting Conference', sponsored by Comshare, John ...
Your Institute needs you!
Feb 01, 2000 ... In an interview with Business Essentials, David Melvill spells out, on the November audio tape, how he would value input into the decision-making process within the Institute from younger members. The task forces committed to reviewing syllabus, continuing personal and professional ...
Accounting for Europe and EMU.
Feb 01, 2000; ... David Harvey presented a paper on the Single Currency at the JDipMA Chapter meeting at the ACCA in October. He began by outlining the origins of the Single Currency, which started from the commitment by the European member states to the Maastrict Treaty to form an Economic and Monetary ...
Tony Dart to address aviation conference.
Feb 01, 2000 ... Tony Dart, CIMA's Director of Technical Services, has been invited to contribute to a major international conference: the 11th International Flight Inspection Symposium, which takes place in Santiago, Chile on 5-6 June. Tony Dart, who has specialist experience of working for the ...
Accounting Education Conference.
Feb 01, 2000 ... The British Accounting Association (BAA) Special Interest Group on Accounting Education will be holding its Annual Conference 2000 at Aberdeen Business School, Robert Gordon University, Aberdeen on 25-26 May. The keynote speakers will be Warren Allen, Chairman of IFAC's ...
Award-winning author goes niche.
Feb 01, 2000 ... Remember any of the various award-winning articles by Gary Ashworth that you may have read in Management Accounting? Written in partnership with a number of different business colleagues, they were all on the broad subject of performance management including topics such as the balanced ...
From Altman to Hiscock and Z-scores to H-scores.
Feb 01, 2000 ... Can failing companies be identified early enough to safeguard your investment--or does the withdrawal of investment precipitate their failure? The TEN (Television Education Network) video for November takes a look at a fully integrated commercial package produced by Company Watch Ltd, ...
ASB proposes changes to accounting for leases.(Brief Article)
Feb 01, 2000 ... The Accounting Standards Board (ASB) has published a discussion paper, Leases: Implementation of a New Approach. The paper presents a position paper that has been developed by the G4+1 international group of accounting standard-setters and sets out an agreed approach to the financial ...
Financial reporting standard on current tax.(Brief Article)
Feb 01, 2000 ... The ASB has published FRS16 Current Tax, which supersedes SSAP8 The treatment of taxation under the imputation system in the accounts of companies. SSAP8, issued in 1974, was framed very much in terms of a tax system whereby companies paid advance corporation tax (ACT) but not withholding ...
Statement of principles for financial reporting.(Brief Article)
Feb 01, 2000 ... The ASB has published in final form its Statement of Principles for Financial Reporting, which sets out the principles that the ASB believes should underlie the preparation and presentation of company accounts. It will be used by the ASB to ensure that proposed accounting standards are ...
Exposure draft on accounting policies.(Brief Article)
Feb 01, 2000 ... The ASB has published for public comment FRED21 Accounting Policies, which sets out its proposals on the selection, application and disclosure of accounting policies. The proposed accounting standard would replace the existing standard SSAP2 Disclosure of accounting policies. ...
Meeting of the G4+1 in Canada.(Brief Article)
Feb 01, 2000 ... The G4+1 group of standard-setters met in Montreal on 30 November-2 December. The group comprises members of national standard-setting bodies from Australia, Canada, New Zealand, the UK and the USA. Representatives of the IASC attend as observers. Stock-based compensation ...
Letters to the Editor.
Feb 01, 2000 ... Forever beginning David Allen (`Forever beginning', January, page 12) regularly writes tosh about share prices and their relevance, the fact that they don't correspond to NPV and so on. He is also wrong when he constantly states that all evidence shows that markets are ...
Progress through sharing.(Brief Article)
Feb 01, 2000; ... Feature report The report, Balancing Measures: Best Practice in Performance Management, was developed to help create high-performing organisations. By establishing clear performance targets and goals and defining performance measures for these goals management can encourage ...
Budget 2000--a wish list.(Brief Article)
Feb 01, 2000; ... The Chancellor gave us a very upbeat Pre-Budget Report in November but there are a number of things he needs to do to get the business community to feel the same way. I am taking this opportunity to look forward to what one would like to see included in the Chancellor's Budget in March ....
The reality of product costing.
Feb 01, 2000 ... CONSIDERS ALTERNATIVE EXPLANATIONS FOR THE CONTINUED WIDESPREAD USE OF ABSORPTION COSTING FOR MANAGEMENT ACCOUNTING PURPOSES AND ASSESSES THE LIKELIHOOD OF ITS FUTURE SURVIVAL It is instructive (and salutary) to observe how contemporary debates in management accounting often ...
Private enterprise.
Feb 01, 2000 ... One of the consequences of the rapid rate of technological change, accentuated by the dismantling of trade barriers, has been an intensification of the competition faced by businesses of all kinds. In turn, this competition is increasingly strategic as opposed to tactical: success is ...
The measurement and management of intellectual capital: AN INTRODUCTION.
Feb 01, 2000; ... This article follows a study that was commissioned by the Financial and Management Accounting Committee (FMAC) of the International Federation of Accountants (IFAC).It reviews some of the major issues surrounding the measurement and management of intellectual capital an d the accountant's ...
E-COMMERCE Dangers, promises and profits.
Feb 01, 2000; ... THE APPEARANCE OF A WEBSITE IS EXTREMELY IMPORTANT. TO THIS EFFECT THE ORGANISATION OPERATES IN PARTNERSHIP WITH SOME OF THE TOP DESIGNERS IN THE UK. Many of us view the internet with the fear and mistrust that must have been felt by our forbears at the turn of the century when ...
E-business: WHAT IS IT AND DOES IT MATTER TO ACCOUNTANTS?
Feb 01, 2000; ... E-BUSINESS IS RESHAPING THE BUSINESS WORLD AS ORGANISATIONS DISCOVER THE BENEFITS OF ON-SCREEN TRANSACTIONS. THIS IS EVIDENCED BY THE RESULTS OF A RECENT SURVEY OF 500 LARGE COMPANIES IN WHICH MORE THAN 90% OF TOP MANAGEMENT BELIEVE THAT THE INTERNET WILL TRANSFORM OR HAVE A BIG IMPACT ON ...
Management accountancy in the public sector.
Feb 01, 2000; ... A PAST PRESIDENT OF THE INSTITUTE, ARGUES THAT THE APPLICATION OF MANAGEMENT ACCOUNTANCY TECHNIQUES IS NOW A MATTER OF URGENCY IF THE PUBLIC SECTOR IS TO FULFIL ITS RIGHTFUL ROLE. Consider the following observations of life in the UK at the present time: 1 Police ...
Value-based management in practice.
Feb 01, 2000; ... THE USE OF VALUE-BASED METRICS FOR DIVISIONAL PERFORMANCE MEASUREMENT Graham Francis and Clare Minchington of the Open University Business School report on a recent survey of CIMA members into the use of value-based measures as internal performance measures. ...
Ethical reporting: PAST AND FUTURE.
Feb 01, 2000; ... THE STUDY OF THE NATURE AND EXTENT OF ETHICAL REPORTING IS BOTH LONGITUDINAL AND COMPARATIVE IN NATURE. THE STUDY COVERS THE PERIOD 1985-95 INCLUSIVE, AND FOCUSES ON ALL TYPES OF ETHICAL REPORTING, SHOWING HOW ETHICAL REPORTING PRACTICES HAVE DEVELOPED DIFFERENTLY IN TWO WESTERN EUROPEAN ...
Summary financial statements: COST-EFFECTIVE COMMUNICATION.
Feb 01, 2000; ... Action taken by the last government in the 1980s and early 1990s resulted in the creation of a large and completely new group of shareholders for many UK companies. State-run monopolies, principally the utilities, were privatised and many building societies were demutualised. For the first ...
Energy is getting cheaper.
Feb 01, 2000; ... THIS IS THE TIME OF YEAR WHEN COMPANIES ARE STARTING TO NEGOTIATE NEW ELECTRICITY AND GAS SUPPLY CONTRACTS--AT LEAST IT SHOULD BE. Because of the timing of the liberalisation of the gas and electricity markets--helped by the financial year--April became the month when the vast ...
Technical Services Update.
Feb 01, 2000; ... An update on the various activities undertaken by the Technical Services Department, with the invaluable assistance of CIMA members. Information on the progress of UK and International Accounting Standards will be found on the CIMA website in future. CIMA's Visiting Professor ...
Passed Finalists' Page.(Brief Article)
Feb 01, 2000; ... From 1 February, you can elect to use the new Career Profile route when you apply for membership of CIMA ... irrespective of when you passed your Stage 4 examinations. However, before you decide to use this new route, you must do three things: * Read the ...
Things ain't what they used to be.(changing employment picture for British accountants)
Feb 01, 2000; ... We have the career mercenary. We have the portfolio manager. We have the flexible workforce. We wave goodbye to the technocrat, the paternalistic company and the job for life. Welcome to the new century. The world facing today's accountant, though, is not just dramatically ...
CIMA STUDENT.
Feb 01, 2000 ... ON THE VERY FIRST MONTHLY LEADER PAGE, I ENCOURAGED YOU ALL TO WRITE IN WITH YOUR VIEWS ON CIMA STUDENT AND THIS MONTH WE FEATURE SOME OF YOUR COMMENTS IN A LETTERS PAGE It's February 2000 and here at CIMA Student we're celebrating an important birthday. No it's not me hitting ...
Sorry I'm late, I've been to a meeting ...
Feb 01, 2000; ... Have you ever sat in a meeting wondering why on earth you were there? Have you attended meetings where there is no apparent purpose to the gathering and irrelevant and peripheral matters have been discussed ad nauseam? Have you chaired a meeting and felt that you could do better? If the ...
KNOWLEDGE IS A NOUN, LEARNING IS A VERB.(knowledge management and organizational learning)
Feb 01, 2000; ... By the end of the article you should understand: * the concept of the knowledge-based corporation and the significance of intellectual capital; * the difference between data, information, knowledge and learning; * how knowledge might be managed; ...
Examination Centres: May 2000.
Feb 01, 2000 ... <Pre> UNITED KINGDOM 100 LONDON CENTRAL 105 LONDON EAST 110 LONDON NORTH 115 LONDON SOUTH 120 LONDON WEST 125 ABERDEEN 130 BARKING 132 BASILDON 135 BELFAST 140 BIRMINGHAM 145 BLACKBURN 150 BLETCHLEY (May only) 155 BOURNEMOUTH 160 ...
London Examination Centres: May 2000.
Feb 01, 2000 ... Below is the list of London examination centres. Candidates choosing a venue where more than one centre is being used will be allocated automatically to the centres in consecutive order. Unfortunately candidates cannot specify a particular centre within these zones. The information given ...
Beyond 2000.(revised CIMA syllabus )(Brief Article)
Feb 01, 2000 ... THE REVISED CIMA QUALIFICATION As many of you are aware a revised CIMA syllabus will be examined for the first time in May 2001. To keep you up to date with all aspects of the revised qualification, we have created a quick reference calendar of key events (in blue), dates (in ...
Transfer details.(new CIMA Practical Experience Requirements for accountants)
Feb 01, 2000 ... AN UPDATE ON THE NEW PRACTICAL EXPERIENCE REQUIREMENTS In the December issue of CIMA Student, we published the new CIMA Practical Experience Requirements (PERs) which come into effect from January 2000, and also introduced the Career Profile route to membership. Those of you who ...
`YOU'VE OBVIOUSLY GOT THE STUDENTS AT HEART KEEP IT UP!'.(CIMA's Student Support Strategy for accounting students)
Feb 01, 2000 ... So said one student in response to one of our recent `e-mail a tutor' events. These events, which are part of CIMA's Student Support Strategy, enable students to e-mail queries to experienced tutors and receive an individual response. Here, for the benefit of all students, we ...
NOVEMBER TALKBACK LINE.(TalkBack Line for accounting students)(Brief Article)
Feb 01, 2000 ... During and after each examination (for a two-week period), CIMA operates a TalkBack Line. This gives students and lecturers the opportunity to feedback their thoughts and comments on both the examination papers and centres. General There were 41 calls received on the ...
Letters to the Editor.
Feb 01, 2000 ... This month, we are pleased to publish a selection of your letters and our responses to them. We love hearing from you so keep those letters coming. Send them to Jackie Durham, P.O. Box 240, Darlington DL3 9GR, UK; fax +44(0)1325 4811950 or e-mail cima-jdurham@.dialpipex.com Dear ...
Want to e-mail an examiner?(accounting students e-mail questions to CIMA Examiners)(Brief Article)
Feb 01, 2000 ... If you could ask one question of all Examiner (other than what's on the forthcoming exam paper!) what would you ask? Well, now's your chance to find out. As part of CIMA's Student Support Strategy (more details on page 72) we are running another e-mail event, this time with the ...
Finding the right opportunities.(job hunting strategies for accountants)(Brief Article)
Feb 01, 2000 ... Successful Career Management--3 NO SILVER MEDALS IS A DEFINITIVE GUIDE TO SUCCESSFUL CAREER MANAGEMENT, DESIGNED TO GIVE CANDIDATES THE BEST POSSIBLE CHANCE OF HITTING GOLD WHEN THEY MOVE JOB. LAST MONTH, DAVID HUGHES, MANAGING DIRECTOR OF EXECUTIVE CONNECTIONS, LOOKED AT HOW ...
CIMA International.(accounting education)
Feb 01, 2000 ... MALAYSIA MIDAS and syllabus training Marie Murphy, CIMA's Overseas Training Co-ordinator and Warren Davis, IT Projects and Information Manager, were recently in Malaysia for almost three weeks. Their objective was to train all staff at the CIMA Malaysia Division on ...
PRESIDENTIAL ENGAGEMENTS.
Feb 01, 2000 ... January 24 Presidential visit to Malaysia (until 29 January) 31 Presidential visit to Sri Lanka (until 4 February) February 4 CIMA Hot Issues Forum at the Institute of Physicians, London (Vice-President Mike Jeans to deputise) 8 CIMA ...
Members on the Move.(Brief Article)
Feb 01, 2000 ... Francesca Windsor (Fellow) has been appointed Finance Director of Ellen Group plc, a rapidly expanding operator providing non-regulated credit hire and repair services for motorists involved in non-fault accidents. The company, through its `Ellen Accident Assistance' branded division, ...
Inside the accountant's mind.(Humor)(Brief Article)
Feb 01, 2000 ... Are you an old hand or newly qualified? If you are still relatively inexperienced the following notes could be more useful than the Institute's official terminology. More experienced accountants should recognise the truth in the thoughts behind the cliched statements we all use. Get ...
Your Local Organisation.(accounting organizations)(Directory)
Feb 01, 2000 ... <Pre> Aberdeen and District Branch: J.K.M Dodds BSC(Eng), FCMA, Woodend Cottage, Netherley, Stonehaven, Kincardineshire AB39 3QL. Tel: 01569 731238 (CIMA/home). Basingstoke and North Hampshire Branch: A.G. Taylor ACMA, 1 Weavers Close, Andover, Hampshire SP10 1HY. Tel: 01264 ...
Elections to Membership.
Feb 01, 2000 ... <Pre> Fellows Allen, J.E., Harvey Winning & Co, Peterborough Amarasinghe, G.P.B., Sinha Lanka Intl (Pvt) Ltd, Sri Lanka Brien, B.C., Lowe Howard-Spink, London Casey, J.P., DBS Financial Management plc, Huddersfield Chan Feoi Chun, SME Electric Sdn Bhd, ...
Obituaries.(Brief Article)(Obituary)
Feb 01, 2000 ... Leslie Rice, Institute Medallist We regret to report the death of Leslie Rice BSC(ECOn), FCMA, JDipMA, ACIS, Institute Medallist. Mr Rice passed the final examinations in 1952, gaining the S. Lawrence Gill Prize for first place. He was elected an Associate in 1953, and advanced ...