Exposure Draft Hedge Accounting

Given below is the extract from IASB on Hedge Accounting inviting comments on the Exposure Draft before the same is released as a Standard. It is a good opportunity, possibly the last, to look at the corrective steps needed in this field that has played havoc to the detriment of World and US Economy. PleaseContinue reading “Exposure Draft Hedge Accounting”

HACCP of Governance

Announcing The Implementation of Chapter II Preventive Measures of United Nations Convention Against Corruption [UNCAC] for Organizations in Corporate & Government e Learning – Implementation – Assessment by IBCM

Where does Governance exist?

Extract from the book: Inactivity Based Cost management: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Acountability Where does Governance exist? The interesting quote of Robert Doniger, [from Timeline by Michael Crichton], I’m not interested in the future; I’m interested in the future of the future, possibly has a clue. To-day was the futureContinue reading “Where does Governance exist?”

Government for the People

Dana Milbank writes in today’s Washington Post, Abolish the party committees, [http://t.co/p6b3qin] “The committees are behind the dehumanizing of lawmakers, causing the two parties to view each other not as colleagues but as targets. Through the party committees, Democratic lawmakers work to recruit, raise money and campaign for challengers to their Republican colleagues – andContinue reading “Government for the People”

Role Model – Thanksgiving

IBCM defines Ethical Responsibility and Fiscal Responsibility. Ethical Responsibility could not have been defined but for the Role Models who appeared on this planet. An extract from the book on the occasion of the forthcoming Thanksgiving Day: There are four categories of people. 1. People of wisdom; 2. People pursuing knowledge; 3. People pursuing wealthContinue reading “Role Model – Thanksgiving”

White Paper ERC – Rejoinder by IBCM

A Rejoinder to the White Paper “Too Big to Regulate? Preventing Misconduct in the Private Sector” by IBCM What’s IBCM? Please click the video of 3.24” before you proceed further on the Rejoinder.

Governance = Resolving Paradox

Search for intangible Protons, anti-protons, electrons, positrons etc. are the terms of the scientific community and one shall trust them as one has from Newton to Darwin to Einstein and leave those terms without affecting the day-to-day life of a common man. Business management too have those extra-ordinary terms to prove a point, such asContinue reading “Governance = Resolving Paradox”

7 Steps to Corporate [America] Governance

Steps Corporate America should take for recovery of the World Economy: Shift the focus from Balance Sheet to Governance. Have the optimum control of Governance, based on the book, Inactivity Based Cost Management [IBCM]: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability:

IESB

International Ethical Standards Board I give below mails I have sent to several supporters of UNCAC coalition initiatives, UNDP, Vigilance Commission and Special Prosecutors [known as Lokayukta in India], with a purpose to establish International Ethical Standards Board [IESB] in the same line as IASB. Your contribution towards this objective is welcome.

Measuring Corporate Social Responsibility

Vacuum is a space empty of matter, but cannot be explained without matter surrounding it. Antimatter is explained as antiparticle within matter and outside of it cannot be even thought about. Non-existence is relative to existence. All of them are in the same plane – matter. This is the law of nature. This is aContinue reading “Measuring Corporate Social Responsibility”