What is the future for small firms?

Article Abstract:

The various probabilities of the viable future of the small and medium sized, independent practices with reference to the changes they need to undergo to retain and prosper in the competitive market place are discussed. Firms should analyze and implement the elements of traditional values relevant to benefit the practice such as focusing on aspects of reliability, integrity and knowledge, which are acceptable to business clients.

Accounting Methods, Accounting, Small and medium sized companies

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A matter of judgment

Article Abstract:

The need for directors, auditors and investors to understand the judgments in banking sector already made in areas that potentially have a large impact on results, key performance indicators and underlying trends, in order to assess financial performance is emphasized.

Commercial Banks, Banking industry, Management, Company business management

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Why it matters

Article Abstract:

Finance directors have to make accurate cash forecasts by taking certain key factors in consideration like time, cycle, and changing business process and risk management.

Cost Accounting, Methods, Financial managers, Process costing, Cash budgets

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