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CLICK TO THE MAIN PAGE ON ALL ARTICLES ON OUTSOURCING In my earlier articles,I have mentioned many advantages of outsourcing. Reported in The Star pertaining to the outsourcing of CNI Holdings Bhd’s logistic section Points extracted are as follows: With the BPO in place,the company would be able to maximise efficiency and cost [...] The European Commission has just announced an agreement whereby English will be the official language of the European Union rather than German,which was the other possibility. As part of the negotiations,the British Government conceded that English spelling had some room for improvement and has accepted a 5-year phase-in plan that would become known [...] In the earlier articles,the simple concepts of simplify,uniformity,consistency,standardizing and automating have been advocated and practical illustrations given to demonstrate the benefits of practicing them. In today’s article I would like to look at a simple automation deploying the shared service folder. Assuming we have the following scenario: a [...] FRS 110 Events After The Balance Sheet Date take effect for annual periods beginning on or after 1 January 2006 The main changes from FRS 110- 2004 are tabulated as follows: Section Requirements Paragraph 12 &13 The main change from FRS 110-2004 was a limited clarification of paragraphs 12 and 13 (paragraphs [...] Extracted from MASB FRS 124 Related Party Disclosure take effect for annual periods beginning on or after 1January 2006 The main changes from FRS 124- 2004 are tabulated as follows: Section Requirements Scope Expanded to include ALL entities except for exempt entities as defined in MASB SOP 1 Exempt Enterprise. The existing [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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