Cool, calm and quintessentially English

Article Abstract:

Ian Plaistowe's 20 years of service in the Institute of Chartered Accountants in England and Wales began with his involvement in the London Society's main committee and will be capped by his assumption of the Institute's presidency. His career in accountancy began with his stint at Arthur Andersen first as manager, then as London office partner, and finally as practice director for audit and business advisory practice in the UK, Ireland and Poland. In 1983 he took on the chairmanship of an accounting and disclosure working party at Lloyd's. As the new president of the Institute, Plaistowe plans to focus his efforts on addressing the 'trade association argument' issue, the professional liability of auditors, and the enhancement of accountancy's public relations. Plaistowe also seeks to ensure that the Institute maintain close communications with EC legislators.

Professional organizations, Officials and employees, Institute of Chartered Accountants in England and Wales, Behavior, Accountants, Plaistowe, Ian

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Slipping off the core

Article Abstract:

An increasing number of companies are now outsourcing the accounting function. This trend started in the oil industry, with BP Exploration leading the way. The company began to outsource its accounting to Andersen Consulting in 1991 and now has 90% of its accounting work done outside the organization. The only tasks it chose to manage in-house are business interpretation and analysis, and judgment, policy and service specification. This move provides many benefits for BP, including expectations of a 50% reduction in accounting costs and a 50% increase in business between 1991 and 1999. The firm also managed to reduce its staff and to achieve better service. Other oil companies, such as Sun Oil and Conoco, have followed BP's lead and have also enlisted the help of Andersen.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Case studies, Accounting and auditing, Accounting, Petroleum industry, Contracts, Outsourcing, BP Exploration Company Ltd.

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Winning the war

Article Abstract:

Issues are presented concerning the techniques which can be used to retain high-quality staff following their successful recruitment. The payment of bounties to existing staff for the introduction of suitable recruits is discussed.

Management, Recruiting, Employee recruitment, Business enterprises

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