Education
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Variance Analysis
Variance analysis is the comparison of actual costs with standard costs. The purpose of this article is not to discuss…
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Vigilant Spreadsheets
Would you like to be able to scan your company’s financial operations spreadsheet and instantly see which departments are over…
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A Napster for Financial Data?
Imagine this: At any time of the day or night, and with just a few clicks of the mouse, a…
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Accountants Need to Know IT, Say CFOs
The accounting profession is one of many professions dramatically altered by the technology revolution. A tradition of paper and pencil…
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Standard costs – an effective tool for business?
Standard costing and variance analysis has been in use since the early twentieth century. In recent years the role of…
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Ethics and Your Career
In the wake of recent corporate scandals and increased regulation of accounting practices, ethics has become one of the hottest…
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Internal audit and review reports
Internal auditors, external auditors, and consultants who perform internal audit and review engagements provide reports to management (internal audit reports).…
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The importance of working capital
Many organisations that are profitable on paper are forced to cease trading due to an inabilty to meet short-term debts…
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To whom it may concern
A key skill in accounting is the ability to clearly communicate information to management. Consequently, it is a skill that…
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Audit evidence
When external auditors are employed to express an opinion on the financial statements of an entity, they must ensure that…
