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As part of the role to assist senior management,the financial executive needs to find the best metric to measure the financial performance of his organization. Normally,many companies are still using Earnings per share,Returns on Assets as the key performance metric. Introduction: Economic value-added (EVA) has increasingly gain acceptance amongst many [...] As the taxable profit is computed based on taxation laws which differ from the accounting policies applied to determine the accounting profit,hence the taxable profit and accounting profit can differ. The difference between taxable profit and accounting profit can be classified into: permanent differences timing differences This articles looks at the aforesaid differences and [...] This article looks at some of following reasons / justifications / advantages of having department accounts Advantages Each department is viewed as separate profit centre where department accounts is useful to evaluate performance of individual department by ascertaining trading,profit or loss of each department The financial results namely [...] For those unfamiliar between Joint Venture and Partnership,tabulated below in summary some of the differences: Joint Venture Partnership Whilst analyzing the annual reports of companies,can we spot what are so called growth companies? Let’s look at different definition or interpretation of growth companies from the view point of the following two great investors: Benjamin Graham:- considers it as a company that has performed better than the industry average over a period of [...] |  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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