Sometimes, as a Head of Finance who has a big accounting team and wishes to move the finance team forward, you might be confronted with the challenge of how to nurture young accounting professionals to better understand and execute the finance team’s medium to long term strategies, and of course, to retain these professionals.
So […]

As accountants, if we want to be cost effective, one area to look out is the purchasing side, hence the need to seriously consider any implementation of procurements system/processess whether it is e-procurement, conventional, open and or closed tendering concept.
In The Star Malaysia, group chief executive officer Datuk Abdul Wahid Omar of Telekom Malaysia Bhd (one of the government […]

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 […]

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
 

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

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 […]