A new dawn for western management?
Article Abstract:
The concept of activity-based costing (ABC)is one of the most highly debated topics in accounting. While critics argue that ABC is basically a slightly modified version of old costing doctrines, itsadvocates contend that the method is revolutionizing not only the way costing is performed but also the way western businesses are managed. Moreover, the assertion of some of its defenders that the ABC technique has actually got little to do with pure costing further obscures the controversy. In fact, ABC is being called activity-based management in some quarters because its management application is proving to be more important than its elementary goalof generating more accurate costing. Despite the disputation, many companies have already tested or implemented ABC practices in their organization. They include IBM, Unipart, Norwich Union, the Royal Bank of Scotland and British Aerospace.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1993
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DTI inspections: beleaguered but better off
Article Abstract:
Inspecting companies for the Department of Trade and Industry (DTI) is a reliable source of work for many UK accountancy firms. Demand for accountant inspectors is on the rise as the recession increases the need for investigations of businesses. Being a DTI inspector, however, can be a very difficult job. Inspectors can expect long working days, demanding deadlines, and a wide variety of tough problems. They also need to keep their findings confidential and must ensure the safety of documents. Most of all, inspectors can expect to be widely critized particularly by the legal profession. Nevertheless, accountant inspectors are performing an essential role in the investigation process. They are in the best position to provide the necessary resources and in-depth understanding of financial matters.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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Not honoured in their own country
Article Abstract:
The British Members of the European Parliament (MEPs) have become more influential since the passage of the Single European Act of 1986. The MEPs role in reviewing draft directives of the European Commission has given them considerable influence over key issues that could have a decisive impact on the British economy. The mainstream MEPs, 45 from the Labor Party and 32 from the Conservative Party, are now increasingly active in pan-European Community (EC) political alliances. The Labor MEPs are members of the Democratic Socialist Party, while the Conservative MEPs are considering membership of the European People's Party. The British MEPs are expected to play an increasingly decisive role in both groupings.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
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