Creative accounting, a term first introduced by Ian Griffiths (1986), is commonly defined in the UK as “a form of accounting which, while complying with all regulations, nevertheless gives a biased impression (generally favourable) of the company’s performance” (CIMA, 2000 cited by Jones, 2011). However, this definition is very narrow in comparison to others such […]Read more "Creative accounting and the IASB conceptual framework – a futile relationship?"
A brief discussion about the importance of recognising the distinction between profitability and liquidity, detailing the factors of risk associated with both, and measures which can be taken to help balance these, with particular emphasis on the Miller-Orr Model.Read more "Liquidity v Profitability: sink or swim?"
A brief discussion on the benefits and drawbacks of taking on additional finance in the form of equity or debt, with a focus on the balance needed between the two for maximum financial saving.Read more "Equity v Debt: the on-going battle"
A brief discussion into the effects of changing dividend policy, and the common policies available and adopted by businesses today.Read more "Dividend Policy – which is the best policy?"
A brief discussion of the sources of finance available to all companies, the funding gap for small and medium-sized companies and financial markets.Read more "Corporate finance and capital markets"
A brief discussion of and introduction to monetary and fiscal policy, giving a basic, understandable level of detail surrounding the mechanisms and functions of each type of policy.Read more "Macroeconomic and monetary policy: the basics"
A brief discussion into the different ways of measuring performance within a company, and within different business sectors.Read more "The importance of measuring business performance"