Archive for the ‘Financial Strategy’ Category
FRS 112-Reconciliation Of Effective Tax Rate To Statutory Rate
In FRS112 on Income Taxes or IAS 12, there is a requirement for a reconciliation statement between the Effective tax rate (ETR) to the Statutory Rate in the notes to the financial statement wherein the following are normally taken up:
Non allowable expenses
Deferred tax assets not recognized
Expenses not allowed for tax purposes
Non taxable income
Differential tax rate-SME’s [...]
October 20, 2008
Tags: Corporate Tax, Effective Tax Rate Posted in: Corporate Tax, EVA, Financial Strategy, Others 
No Comments
Cash Is King
The recent world financial crisis again proves that Cash is king. Earlier article in my other blog explains about Profit Vs Cash concept wherein profit is not cash hence a highly profitable entity can also go down under without proper cash/liquidity supports.
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Companies with the right balance of surplus cash can derive certain good opportunities. Let’s [...]
October 8, 2008
Tags: Cash, Cash flows Posted in: Cash Management, Financial Strategy No Comments
Typical Role Of Manager- Corporate Strategy
Normally, in the Finance’s Organization Chart, we might see but quite rarely the post of Manager for Corporate strategy reporting to the CFO.
As this post is quite crucial to the company’s business growth, it will normally be directly reporting to the senior management
So what does normally this role entails
Append below perhaps are some of the [...]
March 27, 2008
Posted in: FINANCE ROLE, Financial Strategy No Comments
Branding & Expanding Overseas
As discussed, two of the main agenda in any Board Meeting should at least include branding as a strategy to boost sales and strategizing to go overseas for business expansion.
A good example is the recent announcement by F& N’s CEO Tan Ang Meng pertaining to the aforesaid two subjects:
Branding:
to consolidate their products under one F&N [...]
March 27, 2008
Posted in: Branding, Financial Strategy No Comments
Sukuk And Islamic Capital Market
The emergence of the Islamic capital market in 2002 with the inaugural sukuk issued by the Malaysian Governement spearheaded the capital markets exponentially as it became the blue print to an increasing variety of instruments which can be used to create an efficient Islamic portfolio in line with portfolio theory and financial planning.
Increasingly, many companies [...]
May 23, 2007
Tags: Capital markets, Islamic, sukuk Posted in: Financial Strategy, Islamic Capital markets, Sources of Financing No Comments
Who In The World Is Entrepreneurial?
Extracted from CNNMoney.com (23/5/07) the below ranking for countries which are the most and least friendly to small business:
Most and least friendly countries to small biz
Rank
Country
Fortune Small
Business Score
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1
New Zealand
2.03
2
United States
2.01
3
Canada
1.99
4
Australia
1.93
5
Singapore
1.88
6
Hong Kong, China
1.86
7
United Kingdom
1.85
8
Ireland
1.85
9
Denmark
1.75
10
Iceland
1.75
11
Norway
1.70
12
Sweden
1.64
13
Japan
1.64
14
Finland
1.60
15
Thailand
1.60
16
Chile
1.59
17
Israel
1.59
18
Latvia
1.57
19
Switzerland
1.57
20
France
1.50
21
Jamaica
1.49
22
Netherlands
1.45
23
Belgium
1.45
24
Germany
1.37
25
Portugal
1.36
26
Peru
1.33
27
South Africa
1.32
28
Malaysia
1.31
29
Colombia
1.29
30
Russia
1.29
31
Austria
1.28
32
Mexico
1.26
33
Turkey
1.26
34
Korea
1.25
35
Czech Republic
1.24
36
Italy
1.20
37
Taiwan, China
1.15
38
Spain
1.11
39
Hungary
1.11
40
Slovenia
1.10
41
Uganda
1.05
42
China
1.05
43
Argentina
1.04
44
Poland
1.02
45
Croatia
0.95
46
India
0.94
47
Jordan
0.94
48
Uruguay
0.92
49
Ecuador
0.92
50
Brazil
0.92
51
Philippines
0.90
52
Greece
0.76
53
Indonesia
0.61
May 23, 2007
Posted in: Financial Strategy No Comments
To Diversify Or Not To Diversify
I believe the aforesaid subject-matter has been and is still presently a most challenging decision for a company to make. In spite of it, the rewards and risks are extraordinary.
It has been noted that some public listed companies who are in the sun-set business or pressures from investors to generate more sterling results could have [...]
February 16, 2007
Posted in: Financial Strategy No Comments
