Suboptimal practices in companies are a situation whereby responsible managers fail to do the right thing just to take advantage of existing controls and procedures. Management and decision makers have to continually struggle with highly unpredictable human factors in the quest to provide lasting solution to incongruence actions that various mangers are vulnerable to take. […]
Archives for January 2011
DIRECT FOREIGN INVESTMENTS | WHAT YOU MUST KNOW ABOUT INTERNATIONAL MARKETPLACE AS AN ACCOUNTANT
Foreign investment decision is a tough and often complex investment decision that sharply differs from the traditional domestic decision on investing. The normal financial evaluation of discounted cash flows technique are not fully relied on in making foreign investment decision as we do in making domestic investment decision as well as financing decision. Best practices […]
TRANSFER PRICING | PURPOSES AND REASONS OF FIXING A PRICE WITHIN AN ORGANISATION
Transfer pricing is one single area of managerial accounting that has been generating heat and still generates more heat. The existence of interdependencies in divisional-ised companies creates a problem of determining at what price goods needs to be transferred within a business. Transfer pricing exist because of the existence of interdependent activities within a company. […]
BUSINESS ANALYSIS | TIPS ON BUSINESS ANALYSIS AND VALUATION FOR ACCOUNTANTS
What is Business Analysis? Business analysis is a methodological process of evaluating a company’s economic prospects and risk in the light of the entity’s strengths and weaknesses. It is an attempt to X-ray a business through the lens of a well informed finance professional. This exercise is done in order to come to a consensus […]