ERP is pas`se´, ERC – for GenNext – Governance@best.simplest

ERP is pas`se´, ERC – for GenNext – Governance@best.simplest Autocoder to ERP 1967 the year of 1401 with about three machines one at ESSO, one at BSES Santacruz, and a showcase IBM office at Ballard Estate in Mumbai, was a far cry from the statement in 1943 of Thomas Watson, IBM Chairman, “I think thereContinue reading “ERP is pas`se´, ERC – for GenNext – Governance@best.simplest”

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”

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?”

Lords blame Auditors for Banking Crisis

This is in response to the report in Accountancy Age titled:Lords Enquiry: accounting fuelled banking crisis: http://www.accountancyage.com/accountancyage/news/2272237/audit-enquiry-accounting written by Mario Christodoulou dated 26 Oct. 2010:

Intangible Asset is croupier’s delight.

Extract from the Book Titled: Inactivity based Cost Management; with the sub-title: Measurement of Governance, Ethical & Fiscal Responsibility and Accountability 1995: Exposure Draft: Intangible Assets The year 1995 saw the introduction of exposure draft E50 for Intangible Assets. The stage was set to adopt new policies on changing industrial scene. When IAS 9 AccountingContinue reading “Intangible Asset is croupier’s delight.”