Reported in The Star that:
“ Diagonal Consulting Sdn Bhd, a Britain-based business and technology consultancy company, has relocated its operational headquarters (OHQ) to Kuala Lumpur from Singapore.
“Diagonal invested about RM2mil to establish the OHQ at the Petronas Twin Towers.
The key reason to relocate was the 50% cheaper operational cost compared with Singapore, as well […]

 As MAS is our Malaysian national carrier, much attention has been focused on its re-structuring.
Append below a round up of what’s happening in MAS from the various papers’ reports:

Malaysian Airline System Bhd (MAS) will release over 6,000 employees by 2008
 
(Source: The Edge Daily, 6/7/2006)

Malaysian Airline System Bhd (MAS) will […]

For the individual costing methodology, please refer to my article in BasicCollegeAccounting.com.
This article seeks to explore the most appropriate method of costing stock.
Why is it so crucial to choose the correct method?
Simply speaking, different methods used for valuing the SAME quantity of stocks will give different stock figures. As the closing stock figure is taken […]

In this part of the article, we shall discussed not the traditional type of budgeting but rather look at other alternatives and contemporary type of budgeting.
One of these alternatives is the Zero-based budgeting.
Introduction to Zero-based budgeting:

Zero based budgeting is not at all new. It was started in government budgeting in Great Britain and in 1962, […]

There are many budgeting models. We have the following:

Traditional budgeting;
Zero Based budgeting;
Output Based budgeting;
Incremental Budgeting;
Formula based budgeting;
Program budgeting;
Responsibility Centered Budgeting

Moving forward, there have been some who advocated WITHOUT budgeting as budgeting takes too much time and utilized too much manpower hence forecasting is a better answer.

However whatever budgeting model it is to be successful, we […]