A professor of economics and finance in an informal chat over the weekend jokingly said that the finance dictionary now has a new word. I was shocked when he said Trump. I then asked what it means in the economics and finance dictionary and he said RISKY (emphasis added). According to him, Donald Trump’s response […]
Archives for July 2016
The Accountant- Title of a Movie, can you believe it?
Finally, we have a movie about Accountants and the dangers that most accountants face on a daily basis. I have seen over a dozen of films and series about Doctors and Lawyers but can’t remember seeing any movie or series about accountants. This movie is set to be released on the 14 of October 2016. […]
How to Become a Small Business Accountant
I been asked so many times to explain in a simple language how one can become a small business accountant so I decided to write this article on how to become a small business accountant. Small business accountants are those finance professionals who took time to master both the science and the art of working […]
HOW TO SELECT A SMALL BUSINESS ACCOUNTANT
As entrepreneurs, doing your homework in order to ensure that you know when to hire a small business accountant is not enough as hiring the wrong (there are no bad accountants but you must select the one that is suited for your specific needs) small business accountant is as bad as hiring at the […]
Accounting and Business Strategy to learn from Pokemon GO
In case you haven’t heard, pokemon Go is a game developed by an arm of Nintendo. It has barely been around for about one month at the time of this writing but has more active users per day than Twiter according to a data mining company. Pokemon Go has been in the news everyday […]
Difficulties in using and interpreting qualitative non financial information
Most strategic decision making involves dealing with large amount of non financial and qualitative information. And that is why there are difficulties in using and interpreting qualitative non financial information. Analysing and interpreting commentaries, opinions, debates, other people’s experiences and subjective information are what makes members of top management valuable in organizations. However, dealing with […]
ADVANTAGES AND DISADVANTAGES OF USING LEAGUE TABLES IN PUBLIC SECTOR
This article is written to explore the advantages and disadvantages of using league tables in the public sector as performance management tool. The motivation behind writing this is because in recent years, the adoption and use of league table in measuring and managing the performance of public sectors have been on the increase. The rationale […]
How not to run a business -big or small
Many articles, text books, journals and blog posts have been written on how to manage a business in order to succeed, but not much as far as am aware has been written on how not to run a business. This in my opinion is a fundamental reason why many businesses fail despite the plethora of […]