Wednesday, 28 June 2017

On 21:52 by Steve John in    No comments

Question No 70:

What is the marketing concept?

A philosophy of business, that holds that the key to organisational success is meeting customers' needs more effectively ad more closely than competitors (a belief system)

Tuesday, 6 June 2017

On 22:34 by Steve John in    No comments
Born in Ghana and an accounting accountant Father Noel Tagoe sleep with Becoming a Mathematician Even if he fell in love with the trade and a new definition decided Darla. Today, El Comercio for Christmas is not a theme for intellectuals a breeding on top or an option of the race has Mint money, but a strategy of life.

CURRENTLY, the Executive Vice President (EVP) of the Institute of Accountants Management (CIMA), based in the UK, are responsible for providing Leadership Thinking Through Research in accounting there finance. In Bangalore for the ceremony of the call for Commerce and deanato management in the University of Christ, Noel has YOU speak. Extracts:

How did El Comercio begin for you?

I love mathematics I did not want to be a mathematician. However, at the birth of the United Nations rape Father insisted that the Tomara accounting. EVEN THOUGH at first I was upset, I finally realized he had taken that decision to better life in me. Soon I fell in love with the subject and became a mid-passion. I realized finances as sin, life is useless. I need it at every step of your life. If you want to make an Investment Retirement, you will have to finance saber if you want to buy a new property, you will have finances of saber. This theme is How It is enormously transformative are alchemy. Everything came back in touch WHEN it's the finance scam.

How was El Comercio in the Past and Now How is it?

In The Past, Commerce was THEME Only For Intellectuals are Most People Who Study It Just Knew By What CATed They Studied. But now the stage has changed student and every one who takes the trade questions the subject and wants to know more about the respect. THAT I place the subject on the map and in general Alento the interconnection between several institutions of the World to the Commerce that they studied.

Previously, El Comercio is restricted only to the lucrative Private Sectors there, but now it is also significant in the public and non-profit sectors. The Technology, El Comercio score still converted into a life strategy and we are importing not exporting knowledge m a through the. The topic has become More Penetrating There is the language of Cost, Benefit, Risk, Religion and Society.

What role does ethics play in trade? Is any specific discipline in ethical trading?


Yes, It's Here and That's What We're Exactly Focusing on at This Moment. Formerly the ethical age Subject to an individual. People used to study ethics as an independent subject and then apply it to trade. However, NOW, we HAVE combined ethics in the trading of How This Last Sin CAN sustain ethics. The Trade is the force of the World Development promoter of it, if it breaks, All That Will be the We have Chaos not Anarchy. What does it do? It is to maintain the ethical United Drive that force the system and prevent it from decomposing. Without ethics The Rules Mere could never sustain the backbone of global development.

Which children are the New Investigations underway in the Field of Commerce?


We are using our retrospective (past) vision, the current (insight) there is (future) foresight to Work in a New business segment called moral. In What We Are Working, Values ​​We CREATE, Preserving, Business Sharing a Global Level, Using Ethics Bring More Paragraph A facilitating and business existence f Peaceful Values ​​and business. We are also focusing on our air No. competing, Technology leverage v But in accounting for ACHIEVE AN EVOLUTION In The Future of Finance.

Monday, 29 May 2017

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The American Institute of Chartered Accountants has presented its budget and finances at its Spring Council meeting in Washington, DC on Monday, while the organization undergoes a transformation in international partnership with the Chartered Institute of Management Accountants.

Eric Hansen, Chairman of the Audit and Finance Committee of AICPA, provided a summary of the finances in the last five months of the organization's fiscal year, which now has a calendar year end, according to CIMA. For the five-month period to December 31, 2016, the AICPA had a net loss of $ 2.6 million, or $ 2.5 million of unfavorable budget. The variation is due to several factors, Hansen said. Net operating revenues decreased by $ 1.3 million above the budget, mainly related to the assumption times for the budget for the five-month period, making most of the amounts expected to be realized in 2017. Expenditure Of total operations was negative by 1.6 million budget. The main factor that contributed was the cost invested in consolidating the new Association of Professional Accountants between AICPA and CIMA.




Two important non-operating elements had an impact on the financial statements during the period. First, a 5 million impairment charge was recorded after the management of AICPA assessed several previous software projects and has been determined to actually replaced or translated "non-current." This decrease charge was offset by a pension gain of $ 5.5 million related to an increase in the plan discount rate due to current market conditions. On a combined basis, net assets were reduced by 2.6 million, mainly because of these differences. Last month, the AICPA Board of Directors unanimously approved the audited financial statements, which included an unchanged opinion.

AICPA Vice President of Finance Tim LaSpaluto said that AICPA's investment portfolio performance has increased since 2012 and that the Institute continues to oversee its mix of portfolio. The pension plans of the AICPA and CIMA are liabilities of each respective organization.

For the calendar year 2017, the AICPA will finance the new partnership as a whole. "As reported in the last board meetings, we have provided a net shortfall of $ 10 million due to the association's investment in strategic value generators," Hansen said. "We expect continued growth in our revenue generation activities and we expect growth of 5% compared to 2016."

One of the highlights of the AICPA hopes that 2017 will be a new event in June called Engage, which will feature the most important innovative, influential and profession leaders. Tax revenue is expected to increase by 5 percent, mainly due to the continued growth of membership in all areas and rates to raise the rate based on previous years and inflation. The AICPA is expected to drop 10% of test sales after last month's release of the next generation CPA exam. However, the AICPA has increased the number of candidates who examined the four quarters prior to the change. The new uniform CPA exam puts more emphasis on cognitive tests of higher order candidate skills, such as critical thinking and analytical skills.

From the point of view of expenditure, the AICPA anticipates increases in its operating expenses due to the annual salary increases, which are indicated as being in line with the market. The budget also includes a contingency of $ 1.75 million, in line with previous years, to allow management and the board to deploy the unbudgeted necessary resources.

Membership continues to grow. "We expect to finish 2017 with more than 670,000 members and students, an increase of 10,000 compared to 2016," said LaSpaluto. "Our cash and credit section has increased by 10 percent, 100-76 thousand, which includes newly accredited ratings for entities' certificates and intangible assets, and we continue to generate revenue in all areas, allowing us to invest In programs and initiatives that support our members around the world.

This year, the AICPA launched the new CeIV grade, which should generate additional income. The AICPA also launched a tax reform in the Resource Center to inform

Sunday, 14 May 2017

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The Chartered Institute of Management Accountants (CIMA), all of the company's management managers, has implemented a Certificate in Business Accounting for SMEs (CERTBA for SMEs), a financial and business management program for entrepreneurs in Nigeria. Designed for small and medium-sized entrepreneurs, for SMEs CERTBA responds to the challenge of financial management or a crisis faced by entrepreneurs who strive to improve profitability while managing working capital. More information on: http://www.vanguardngr.com/2017/05/cima- financial management program-smes / Read more at: http://www.vanguardngr.com/2017/05/cima -launches with a financial management program SMS /

The comprehensive program, now available in Nigeria, helps small and medium-sized enterprises create a sustainable framework for good decision-making, effective risk management and cash flow. Ijeoma Anadozie, Associate Director of Nigeria, CIMA, said: "The program aims to increase small and medium-sized enterprises in Nigeria by successfully helping to develop financial management and corporate governance skills necessary for their survival and growth.

Designed for entrepreneurs, especially those with no financial background, have a solid knowledge of business fundamentals and finance, as well as the competence and confidence to run their small business as a corporate CEO.

"The CERTBA program for SMEs is based on extensive studies and consultations with senior managers and companies around the world, ensuring that learning reflects the problems faced by emerging companies and meets their need competent, secure and qualified contractors CIMA CERTBA for SMEs will enable entrepreneurs to have the knowledge and skills to survive in today's competitive marketplace.Among Europe and Asia, the program allowed entrepreneurs to only have better business skills and financial education, But also to improve its operations. "

CIMA, founded in 1919, is the world's largest professional organization of management accountants, with members and students operating in 177 countries, working in the business center. CIMA members and students work in industry, commerce, the public sector and non-profit organizations.

CIMA works closely with entrepreneurs and avant-garde research sponsors, constantly updating their qualifications, requirements in terms of professional experience and ongoing professional development to ensure that it remains the employer's choice in leading business Recruitment.

Tuesday, 2 May 2017

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John Anderson is a graduate of Middlesex University's full-time MBA program in 2006. He has worked in finance related roles in the rail network - which owns and manages most of the rail network in the UK - almost one of each.

Then, in 2014, he decided to continue his career in finance to the next level and pursue a professional degree in accounting CIMA - The Institute of Accountants Management.

CIMA is the largest professional body of management accountants in the world. CIMA supports and invokes 150 000 Public Accountants of Global Management (CGMA) around the world.

 The CIMA qualification is designed in response to the employer's request. It extends beyond the scope of traditional accounting programs - as well as technical accounting knowledge, it focuses on modern topics focused on management, as do the great data, sustainability and leadership. CIMA students were assessed using case studies focused on tasks that reflect the current work environment.

For MBA students, CIMA qualification is a way to excel in the job market. CIMA offers a path to the entrance gate of the main entrance, a fast track for MBA holders that exempts 11 explorations. John received his CIMA degree in less than a year. He is now a registered global management account, ACMA CGMA.

By studying the CIMA qualification, he joined Capita and achieved commercial financial aspects of a 2 billion project of deploying smart meters for energy users in the UK.

After completing the CIMA qualification he was given a leadership position as a Finance Officer for the UK Department of Transportation. An MBA helped, but needed the CIMA qualification for the job. In fact, he would not be where he is now without him.

Why did you decide to follow the CIMA qualification?

The MBA is an excellent qualification and I always use the lessons of that experience in my daily work. However, I wanted my career that focuses on finance.

I saw two main advantages for continuing the CIMA qualification. First, being professionally qualified and maintaining an MBA can open doors for financial positions. There is some seriousness with CIMA qualification that helps you move into the financial community and develop a career based on finances. Secondly, I wanted to develop new financial skills that were not covered in the MBA program.

What is a CIMA qualification gives an MBA, no?

My experience was that while my MBA covers some of the financial elements of the CIMA course, CIMA has more content than the MBA. Although the CIMA strategic level content was excellent for further developing my knowledge in strategic finance, I still use it now. Part of the new course content, such as large data, was very useful - and this has never been covered in my MBA.

How does knowledge apply to your current position?

My role invites me to continue financial elements in large public markets of the railway franchise.

I regularly use CIMA learning as financial risk management, corporate governance and project management in my daily work day. In addition, the problem-solving techniques I have learned in CIMA courses have been of great value to me to discuss and address issues that often involve high levels of ambiguity, complexity, and uncertainty.

How has your CIMA qualification helped your career?

CIMA No, I would not have been able to apply for my current role - being professionally qualified was a prerequisite.

I believe that the depth in the economic content of the CIMA course and addressing the establishment of business and problem solving has enriched my work experience and my existing qualifications. I consider financial roles focused on leadership in the future and the CIMA rating will help support this ambition.

Monday, 24 April 2017

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Businesses in Northern Ireland that process the data must prepare for the significant legal changes taking place next year, regardless of the situation around Brexit.



This was the key message from Dr. Ken McDonald, head of regions for the Information Commissioner, in a speech to the chief executives and chief accountants of public and private sector organizations at a breakfast briefing at a Europe hotel organized by The Management Accountants Collegiate Institute of Ireland (CIMA).

The new General Data Protection Regulation (GDPR) will take effect in May next year, and CIMA held the joint event with the heads of the Forum to highlight the challenges facing organizations.

CIMA Ireland chief Roger Acton said: "The forum aims to address the most difficult challenges facing leaders. This issue is at the top of the agenda of our members who have adopted to listen to the Dr. McDonald about.

"The new principle of accountability in GDPR requires controllers to be able to demonstrate compliance and risk assessments should begin now.

"With fines of up to 20 million pounds or 4% of worldwide turnover, the cost of not receiving the house is very high," he added.

Dr. McDonald has focused on the impact of reputation and potential economic harm from misconduct, requiring companies to now prepare to change with the help of the 12-step guide in the OIC GDPR that is available on their website.

Monday, 10 April 2017

On 21:40 by Steve John in    No comments
The majority shareholder of the consortium that is investing 18 million euros in Marsa racetrack is a partner and a Henley & Partners Holdings Ltd group manager based in Jersey.

Henley and partners are the distributors of the Malta Capital Sales Program - Individual Investment Program (IPP) - which was controversial at the local level and to some extent at EU level. In October 2016, Justice Minister Owen Bonnici revealed that the controversial PII had generated 310.3 million euros. The PN had mentioned a number of allegations about the program in the past, including the one used to buy votes.

Hugh Morshead owns 72 000 shares (100 000) issued shares in the company registered in Malta, called Marsa Race Track Ltd., the consortium that will receive the runway concession.

On March 22 of this year, the government signed an agreement with Marsa Race Track Ltd for a concession on the Marsa track. The company, Marsa Race Track Ltd, has also been included on the same day. The consortium said it will develop a facility at the forefront of horse racing technology, which would include a family park. The prime minister said it was the largest private investment in the sports sector and that the project attracts thousands of tourists each year. The memorandum of understanding was signed in Castilla.

So far, only lawyer Pio Valletta was a member of the consortium, but this newsroom can now reveal another. In addition to Dr. Valetta and M. Morshead, British citizens, Kusam Sharma and Irish nationals, Aldred Kenneth Alexander, also have shares in Marsa Race Track Ltd. In addition, two companies: F. Schembri Holdings Ltd (a Maltese company- Company Owns 5,000 shares), owned by Frank Schembri and true to its type Ltd (Ireland-based company with 10 000 shares).

According to Henley and Associates website, Hugh Morshead is also a qualified accountant and an Associate of the Chartered Institute of Management Accountants, and relied on Jersey for many years. He has also registered as Henley Maltese company director and partners.

He addressed the international press of the Malta IIP program. For example, the EU Observer reported that M. Morshead said: "We have many advised the government regarding the creation of legal, promotion and implementation of our own malta office."

During the signing of the Memorandum of Understanding, architect Edwin Mintoff said that once the necessary permits from the Planning Authority had been obtained, the project would require approximately 18 months to complete.

When asked if he would or would not publish the MOU, Dr. Valetta told the newsroom that they are not willing to publish it for the time being because there is a confidentiality clause. "This should be an agreed version. At this point, I do not think this is the scope for now. I do not think that's going to be a problem later." He said that once negotiations on the concession contract begin, which will be soon, this will probably be the time of its publication.

When asked if he had a problem of delivery of the MOU if the government had no objection, he said: "We would have no problem. There is no reason why anyone has a problem, if both parties agree."

Thursday, 30 March 2017

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The American Institute of CPA establishes a new brand in collaboration with the Institute of Accountants Management and its joint venture, the Association of Certified International Professional Accountants.

The measure will create a unified brand for the three organizations, sharing the logo of the sphere and the same color palette. At present, only the logo of the association was published; The rest of the brand change that takes place in the coming weeks and should be completed by the end of 2017.

The renommement was announced in a letter to members of the institute's president, Kimberly-Ellison Taylor, and president and president of the CIMA Association, Andrew Miskin.

"This new brand signals that we are part of a global family with a shared commitment to accounting and management when we are within the framework of the Public Association," they wrote. "The same logo, colors and other attributes appear in all our brands to represent a constant beacon of quality and integrity in the world."

Sunday, 26 February 2017

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Savant Capital Management, a national wealth management company, added Ambari Prakash Pinto to his McLean office and recognized Joel Cundick to receive the designation of Accredited Portfolio Management Advisor and Yonas Bedane having received the title of general accountant authorized management.

Ambari Prakash Pinto Savant joined in January as a financial advisor. She is a member of the advisory team and is responsible for managing all aspects of financial planning and the investment process for Savant's customers. She meets regularly with clients, advisors, portfolio managers, accountants, lawyers and financial advisors to formulate and coordinate effective strategy planning, investment and taxation.

Pinto has been involved in the financial services industry since 2011. Prior to joining Savant, he worked with asset managers, accountants, and the insurance industry. She was also a lawyer company, as a partner in a law firm in Washington, DC and New York. Pinto received a bachelor's degree in political science from the University of Vermont and a law degree and a Financial Planning Certificate from Georgetown University.

The planning and tax specialist on Yonas Bedane was awarded the Global Management Accountant (CGMA). According to the American Institute of Chartered Accountants and the Institute of Management Accountants, CGMA is a general accounting management designation that recognizes the unique role of men and women in organizations around the world that combine financial and accounting expertise With strategic knowledge. Better business decisions.

Financial Advisor Joel Cundick received the Accredited Portfolio Manager (APMA®). APMA® the designation process involves hands-on practice in more than one course of study that integrates client assessment and relevance, risk / reward investment objectives, fixed income portfolio theory and stock and psychology of Investors. Individuals must pass an end-of-course exam that tests their ability to synthesize complex concepts and apply theoretical concepts to real situations.

Sunday, 19 February 2017

On 21:28 by Steve John in    No comments
Savant Capital Management, a National Asset Management firm, added Ambari Prakash Pinto knew office and McLean acknowledged Joel Cundick who has received the manager of the APPOINTMENT accréditéSM portfolio not Yonas Bedane of Received the DESIGNATION public accountant of global management.

Ambari Prakash Pinto Savant is in Unió January de As financial advisor to the United Nations. She is an Advisory Team Member and is not responsible for the management of All Aspects of Financial Planning and the Investment Process for Savant clients. She meets regularly with clients, advisors, portfolio managers, accountants, attorneys and financial advisors to formulate non-coordinated planning of effective investment strategies and taxes.

Pinto involved this in the Financial Services Industry from 2011. Prior to UniRSE a Savant, I work with Asset Managers, accountants, and in the Insurance sector. She was also a Lawyer Company, as a partner at a law firm in Washington, DC not New York. Pinto received a bachelor's degree in Political Science from the University of Vermont not as a law and Financial Planning in a Certificate from Georgetown University.

Planning specialist and title tax Yonas Bedane received Global Accountant Management (CGMA). According to the American Institute of Chartered Accountants and the Institute Collegiate Institute of Accountants of Management, the CGMA is a general accounting designation that recognizes the role of single men and women in organizations around the world that combine accounting and The Experience with a Strategic Financial Vision. Best Business Decisions.

Financial Advisor Joel Cundick received the Accredited Portfolio Manager (APMA®). APMA® The Process of DESIGNATION Implications The practical practical in a more than course of study that integrates the Evaluation and clients pertinence, the Risk Investment Objectives / reward theory of the fixed income portfolio and Actions and Psychology Investors. Individuals Must pass a final exam that tests the Course unable to synthesize Complex Concepts and Theoretical Concepts APPLY has Real Situations.

Sunday, 12 February 2017

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Businesses have long relied on financial professionals to measure value and provide feedback on business decisions.

The role of finance and accounting is at the heart of measurement, transactions and the value of expression through concrete figures. For many years, this system has worked well, because business models focused on tangible issues, operations and properties.

However, more and more business models are born of technological problems, and converge towards something that is more futuristic, values-based and intangible. In this climate - economic value and knowledge - traditional measures are no longer applicable.

There is a disconnection

There is a fundamental change that occurs between the time the finance and accounting have been and where it goes. Business models today are based on the creation of value to intangible assets. In the knowledge economy, organizations use their unique skills to meet the needs of their clients - this is where their value. Disconnection occurs when funding continues to try to measure value and success in a traditional way. The shoe no longer fits.

So how do CEOs make business decisions when they can not rely on traditional measures like finance and accounting have always been used? And how do financial executives find new ways to measure the value of making better decisions? In essence, how to navigate companies in the new normal value of the economy?

Creating a new package

Finance and accounting should make some adjustments to better supporting organizations operating in the value-based economy. These companies need a new set of tools: a new way to measure value and success, and to make decisions. There are three key steps to building this new toolbox in your organization:

1. Identify new key performance indicators

To understand and manage the value of your intangible assets, it is important to measure. This means identifying a new set of key performance indicators (KPIs). Although KPI must evolve, its application is an important starting point for controlling the company and its progress.

The ICP for intangible assets must consider some key elements: they must be measurable, have an impact on the activities and be linked to the specific data. According to a recent study by the American Institute of CPA (AICPA) and the Chartered Institute of Management Accountants (CIMA), key performance indicators identified by companies measuring intangible assets are as follows:

  • Quality of data
  • The return on invested capital (ROIC)
  • Employee productivity
  • Experience and customer satisfaction
  • Employee Engagement and Withholding
  • Competitive activity
  • Pipeline and customer retention
  • Brand awareness and equity

However, another ICR to consider include:

  • Supply of talent
  • Social commitment
  • Social sentiment
  • Effectiveness of Digital Marketing

2. Connect the key performance indicators to assess factors

It is important to also understand the value drivers behind the KPI is measured. In other words, how does this KPI really affect the business?

Organizations today have to demonstrate the market the way they are different, and the customer is usually at the beginning and end of the value chain. Therefore, most value drivers must relate to the customer in one way or another. Therefore, according to the same research mentioned above, the top five factors to consider are:

  • Customer satisfaction
  • The quality of business processes
  • Customer relations
  • Quality of people (human capital)
  • Brand reputation

3. Measure, measure, measure

In order to measure intangibles, companies have to establish links between financial results and prefinancing measures that they can use as main indicators, usually on the basis of a causal relationship or correlation. Going back to the first step, this means that your key performance indicators should be linked to the data, and you should be able to collect and analyze these data accurately to measure the value of your intangible assets. With advances in large data, there are now many more tools available to assemble, track and analyze intangibles than ever before.

For example, companies can use social analysis tools as a means to measure the equity of their brand or

Monday, 9 January 2017

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While Ireland is trying to prepare for the impact of the Brexit crash for the world economy, several industries are planning their way into some unknown waters.


Bernie Cullinan, CEO of Pragma Adviser and a member of the Chartered Institute of Management Accountants, thinks there may be a special role for the creative industries, as the impact of the UK's decision to leave the EU continues.

Pragma, which provides strategic planning for national and international companies, works with companies in various industries, including software, creative industries, professional services organizations, government, manufacturing, construction, sports and the nonprofit sector.

Cullinan sees the creative industries as key opportunities and plays a central role for Ireland in the post-Brexit era.

It is expected that funds for Creative Europe for this sector to reach 1.4 billion by 2020, but the Irish sector's funding by the Irish government should increase substantially, given heavy cuts during the recession. This is a sector in which there is a considerable multiplier effect, and the government has a very good value of its investment in the sector.

Award-winning animation studios to major Hollywood movies that revolve around the country of Ireland is already growing, but could grow even more as companies start looking outside of the UK.

"The film industry is a great example," Cullinan said. "The tax structure is now very favorable and after some initial problems in implementation, it attracts a lot of international interest in this industry.

"Ireland has an intellectual property management framework for Robuste.L'impact Brexit means that the UK is in danger of losing certainty around the management of intellectual property rights, which are long active term and so Both need long-term visibility of the legal situation.

We have a large infrastructure studio, including Troy Studios recently launched at the old Dell plant in Limerick. The size of these studies, and other factors already mentioned, Ireland makes a very attractive proposal for large budget productions, "added Mr Cullinan.

While the creative industries are in a good position, Cullinan said that there are real threats to the situation in Ireland as a place to invest, since the decline in funding for education and the lifestyle that the country can offer.


"The issue of financing is critical and must be addressed along with the quality of life affecting employees, housing and personal taxation." FDI determines its location based on its ability to attract and retain employees from High caliber. Lifestyle is an important consideration for them. "

"In terms of research, particularly in areas such as cancer, autoimmune diseases, nanotechnology and innovation in medical devices, Ireland is at the forefront with a reputation and world-class facilities.

"This is a great asset to invest in." It provides Ireland with a very strong platform to create new indigenous companies capable of playing on the world stage and anchoring FDI businesses here to continue to participate in the research ecosystem. It is noteworthy that after the vote Brexit, many British scientists are trying to place Ireland in particular to gain access to EU research funding.

Anatomy is an appropriate term to use for frustrated scientific calling, working with newly formed and established companies to reach the next level while also providing a response to companies in "life support."

"I have developed an interest in the business from an early age, which comes from a family business," Cullinan said, "so the next natural step after BComm degree was to get into management accounting. From inside the anatomy companies. "

Lifelong learning lawyer, Cullinan has a great admiration for the model of the DCU, which provides access to all to education. His personal mantra is to learn something new every day, and it is established that the CIMA qualification that supported his career is a very valuable springboard that the world continues to adapt and change over the next few years.

"CIMA offers great flexibility to enter any pays.