Given the power, hoping for glory

Article Abstract:

National Power Finance Dir Brian Birkenhead has been appointed to a two-year term as the chairman of the 100 Group. This prestigious body, whose membership is composed of the finance directors of the UK's largest listed companies, helps shape the economic debate by providing relevant commentary on the key issues of the day. According to Birkenhead, the 100 Group cannot hope to make its influence felt in every area of the debate about the way business is conducted in the UK. However, he does believe that by focusing on a set of clearly defined issues, the 100 Group can help improve the level of productive discussion. Among the issues which he hopes to involve the 100 Group in are the rules that govern the relationship between listed companies and institutional investors, the public debate over the question of the UK's participation in a common European currency, the regulation of the UK's capital markets and the setting of meaningful accounting standards.

Electric Power Generation, Transmission and Distribution, Electric services, Electric Utilities, National, Officials and employees, Electric utilities, Corporate governance, Associations, Chief financial officers, National Power PLC, National electric utilities, Birkenhead, Brian

---

Howard Hyman: accounting advisor to the treasury. A less than full disclosure

Article Abstract:

Price Waterhouse partner Howard Hyman is working on the British privatization program. Although Hyman refuses to discuss anything remotely touching on government policy, including the Byatt Report and current cost accounting (CCA) by nationalized industries, he does view the newer government policies favoring current cost accounting over historical cost accounting as evolutionary, rather than revolutionary. British Telecom used CCA until the year before it was privatized. The Byatt Report stimulated the CCA debate; its effect on the public sector has yet to be assessed.

Auditing, Personalities, Privatization, Privatization (Business), United Kingdom. Treasury, Price Waterhouse and Co., Hyman, Howard

---

Adopting a long-term view

Article Abstract:

Charitable organizations need to be run like professional businesses if they wish to expand. Public scrutiny has brought more attention onto the management decisions and financial record keeping of charities. The largest charities have volunteer boards of trustees whose reputations are at stake so they demand good management. Some charities are reducing staff and paying more for experienced people. The reduction in UK income tax has reduced the total contributions to charities.

Analysis, Finance, Charities, Charitable trusts, Internal auditing, Charitable societies

Similar abstracts:

• Abstracts: Accounting for Kyoto. Creating a new CPD package
• Abstracts: Halifax in the dog house early. Abbey safe as houses. When is a bonus not a bonus?
• Abstracts: Find that needle! Almost all things to all people
• Abstracts: Learn the language of FX. What makes exchange rates move?
• Abstracts: Financial public relations. Strategic planning for corporate success. The corporate lawyers

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.