Opinion
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The theory of supply and demand
"Teach a parrot to say supply and demand and you have an economist. Discuss" (Question in a higher education final…
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Has the time come for quarterly reporting?
Accountancy currently finds itself in the eye of the hurricane. Financial scandals, changes in the form of Basel II and…
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Equal opportunities
Organisations and businesses are made up of many individuals working together to achieve organisational success. These individuals bring different attitudes,…
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Top 10 Audit Deficiencies
How can auditors learn to more effectively detect financial statement fraud? One of the best ways is to “profit” from…
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Irrational Ratios
Financial statements tell a story,” says accounting professor W. Steve Albrecht, “and the story should make sense.” If not, it’s…
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E-commerce and its future in Pakistan
E-commerce is a very hot issue these days. After the revolution of Internet, more and more countries are getting involved…
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Understanding the importance of communication
If there is one prerequisite that sets accountancy apart from other professions, it is the need to communicate clearly and…
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Getting the Right Balance
For busy accountants, balancing personal and professional lives can seem an impossible task. Many of us often assume we have…
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IAS 41, Agriculture
International Accounting Standard IAS 41, Agriculture, is the first standard that specifically covers the primary sector. The Standard becomes operative…
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Humour at work
A good sense of humour is the least expensive of all medicines to beat stressful moments in our lives. Try…