Proposal to the Government of Tamil Nadu – Intangible Measuring Governance & deriving Governance-deficit

I give below the executive summary and Table of Contents of my proposal to the State Government of Tamil Nadu for measuring Governance and Governance-deficit of the State. Governments are dependent on Corporate on Revenue generation and Corporate is least interested in Government’s Social Responsibility initiatives. Governments have to know what Corporate is doing. MyContinue reading “Proposal to the Government of Tamil Nadu – Intangible Measuring Governance & deriving Governance-deficit”

Corporate Social Responsibility CSR 2.0

This is my comment submitted on the Article: CSR 2.0 Competitive Advantage for the Future, by Alberto Andreu Pinillos, Global Director of Reputation, CSR, Brand and Sustainability, Telefnica SA., Thanks to Alberto for having sent me his paper titled CSR 2.0 Competitive Advantage for the Future that was originally presented by him at for theContinue reading “Corporate Social Responsibility CSR 2.0”

Angel’s Advocate Recommends on Ethical Responsibility

This page will have regular posting of various topics that: Angel’s Advocate recommends: Resources of an entire nation is handed over to the management of Corporate or duly elected representatives of the Government who collectively have the Fiscal Responsibility to report back to the owners. It is the Ethical Responsibility of the people therefore toContinue reading “Angel’s Advocate Recommends on Ethical Responsibility”

Angel’s Advocate Measuring National Grid of Governance

Angel’s advocate: In Corporate history we often see the role played by Devil‘s Advocate and seldom we come across the use of Angel’s Advocate. The essence of Economics lies in risk taking without which bartering system would be in use even today. Risk taking is very essential to business where entrepreneurship is an expression ofContinue reading “Angel’s Advocate Measuring National Grid of Governance”

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?”

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”

Intangible – the Eternal Seed

Intangible is antimatter and good similarities exist between matter & antimatter in one hand, and tangible & intangible at the other. Intangible in the mundane world of business management has been used in only one instance, otherwise, not surprisingly, not touched at all. A physics textbook describes matter as “that takes up space and hasContinue reading “Intangible – the Eternal Seed”

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:

IPO Mandatory Grading SEBI

Please see below my letters to the Chairman of  Sebi – Securities and Exchange Board of India during Oct. 2010 as well the one in 2007 to the then Chairman of Sebi and the then Managing Director of CRISIL. Sebi had introduced a wonderful ‘mandatory grading’ for companies that go in for IPO. Please haveContinue reading “IPO Mandatory Grading SEBI”

Note to President Obama – what’s the way out

Note sent to President Obama can be found in the eMail forwarded to Kathleen Parker of Washington Post, responding to her article The economic crisis was a ‘inside job’ Wednesday, October 13, 2010 Dear Kathleen I read your article with great interest. I followed it up the same at the website of Inside Job andContinue reading “Note to President Obama – what’s the way out”

Budget for & Govern Cost Consequence

This is an extract from the book: Titled Inactivity Based Cost Management [IBCM]: Sub-titled: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability. This extract is on cost consequence and the readers shall note that there is no separate chapter on Cost Consequence in the book but finds its way to several chapters.

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.”