A new kind of recovery service

Article Abstract:

Dependence on online computer systems make it more and more of a disaster when systems fail. Thus, computer disaster recovery services are becoming increasingly necessary, available to subscribers for a fee. Natural disasters such as fire, lightning, floods, or man caused disasters like leaky plumbing, explosions, or sabotage, as well as hardware problems can all lead to computer failure. There are two types of disaster recovery services - warm restart services, which try to provide access on short notice to an alternative fully operational installation available for contracted subscribers and cold services which provide subscribers with accommodation, but not hardware. The industry is still developing and its profitability is not yet proven.

Data processing and preparation, Computer related services, not elsewhere classified, Services, Maintenance and repair, Natural disasters, Electric power systems, Disaster recovery (Computers), Electronic data processing departments, Data processing departments

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The management accountant's wider horizons

Article Abstract:

There are several advantages and disadvantages for accountants in qualifying for membership in the Institute of Chartered Management Accountants. Management accounting training can change accountants' attitudes about risk management, value, and effective utilization of resources. Management accounting experience can also increase accountants' knowledge base by introducing them to management accounting practices, and decision-making practices. The management accounting qualification involves a series of examinations covering information technology management, management accounting techniques, and general practice. The qualification also requires three years of verified management accounting experience.

United Kingdom, Analysis, Professional education, Managerial accounting, Great Britain, Chartered Institute of Management Accountants

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Trusteeship is not a sinecure

Article Abstract:

The 1985 Charity Commissioners Report for England and Wales revealed abuses in some trustees' exercise of their fund-raising powers. The report enumerates these abuses, citing the Trustee Investments Act of 1961 as its authority. Trustees cannot trade in speculative securities such as traded options. Nor may trustees underwrite stocks or shares in charities' names. Another issue is the definition of 'charity', which is governed by the Charities Act of 1960. The definition is so antiquated that many charities seek to conform by applying for charity status under a vague 1891 statute and-or reorganizing themselves.

Educational, religious, etc. trusts, Management, Laws, regulations and rules, Charities, Charitable trusts, Charitable societies

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