CMA - the Management Accounting Magazine articles from February 1998

CMA - the Management Accounting Magazine archives from February 1998

Is your year 2000 management plan ready?
February 1, 1998... Chief executives, regulatory authorities and professionals around the world are concerned about the readiness of organizations to deal with the year 2000 millennium issue. The Year 2000 issue could be described as the most pervasive risk...

Leadership in uncertain times.
February 1, 1998... Uncertainty and freedom now prevail. History refuses to hold us and be our guide. Our best computers dumbly predict, but cannot cleverly anticipate, much less innovate. Uncertainty opens up new ways we ourselves can choose, including, perhaps,...

Communicating corporate goals and trade-offs. (using scorecards instead of budgets)
February 1, 1998... The use of measures to monitor performance is not new to management accountants. Financial measures have been our stock-in-trade, and we've used them not only for monitoring, but also in budgets as a means to communicate direction. But budgets...

Intellectual capital: key to value added success in the next millennium.
February 1, 1998... How to sustain and grow the wealth of your organization through a fundamental shift in strategic focus, and some experimentation with a dynamic new process called intellectual capital management. It has become accepted wisdom that economic...

CMAs in manufacturing: Crossley Carpets fights back. (Crossley Carpet Mills Ltd.)
February 1, 1998... For the past eight years, a revolution has been occurring in the North American carpet industry that has had a profound impact upon Canadian manufacturers and retailers in that sector. Flat demand conditions, combined with dumping of product from...

Stormy waters and the Canadian Coast Guard. (includes related article on cost accountability)
February 1, 1998... Decision makers at Canada Coast Guard have been exposed to some painful public scrutiny over the last couple of years, and accounting methodology is at the root of their dilemma. Here's an anatomy of the problem. One of the goals in deciding...

Growing your business with mezzanine financing.
February 1, 1998... For many Canadian small and medium sized businesses (SMEs), particularly those in high growth and export-oriented sectors, finding a source of capital to finance their development is a real challenge. New, innovative subordinated debt instruments...

Saving money on software.
February 1, 1998... Sure, computer software is less expensive than it used to be. But some of today's top packages can still cost as much as a week-long vacation. The standard version of Microsoft Office 97 can set you back US$450, and the professional version costs...

The power of negative thinking.
February 1, 1998... Canadian companies are placing significant revenue at risk by failing to respond effectively to the problems, questions and complaints of their customers. Negative word of mouth, readiness to defect, and little reason for the customer to be loyal...

Transfer pricing: get it in writing!
February 1, 1998... According to new draft legislation, severe penalties may result from a transfer pricing adjustment, if reasonable efforts are not made to determine an arm's-length price. At the same time, there is more exposure and risk of audit because tax...