To carry out day-to-day business functions, companies use many different resources, but how many of these resources help the company to distinguish itself from other similar companies/competitors? It is argued that in order to create organisational value, a company must have at least one ‘extraordinary resource’. So what is an extraordinary resource? Extraordinary resources can […]Read more "A 6-step approach to explaining extraordinary resources"
“Annual reports are getting longer but not necessarily more useful”. Critically evaluate the above statement including comments from the current literature and debate, and provide examples from annual reports and make reference to the IASB conceptual framework, where appropriate to support your arguments. Annual reports communicate and present in truth and fairness the activities of […]Read more "Annual reports are getting longer, but are they more useful?"
A five-part series on investment appraisal as part of corporate finance. This article focuses on how company’s account for different types of inflation, and determine which projects to take when restricted by capital funding.Read more "Investment Appraisal, Part III: Inflation and Capital Rationing"
A five-part series on investment appraisal as part of corporate finance. This article focuses on appraisal techniques, and ways of deciding which investment projects to take.Read more "Investment Appraisal, Part I: Payback Periods, ARR, NPV and IRR"
A brief discussion into auditor independence, and the inhibiting factors therein, with a key focus on non-audit services, competition and tenure.Read more "How independent are auditor’s really?"
A brief discussion on the process of budgeting and its uses, as well as the various other forms of alternative budgeting methods available.Read more "The budgeting process and alternative budgeting systems"
A brief discussion of the various methods of control available to managers to help control employee behaviour, and those available to top level management to control lower-level managers behaviour.Read more "Behavioural Aspects of Control"