Comments for Accounting Courses Blog

Comment on The end of the Premier League’s pricing game by Pub game over | Accounting Courses Blog

Pub game over | Accounting Courses Blog — Wed, 05 Oct 2011 18:14:54 +0000

[...] cannot be justified”. This should surprise nobody and is entirely in accordance with the ECJ Advocate General Kokott’s opinion earlier this year in the same matter. The court even considers the position of the unfortunate [...]

Comment on Brain training on an accounting course by myob training sydney

myob training sydney — Sat, 03 Sep 2011 10:45:37 +0000

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Comment on OECD looks at the books by IMF’s Limited Financial Wisdom | Accounting Courses Blog

IMF’s Limited Financial Wisdom | Accounting Courses Blog — Wed, 03 Aug 2011 14:14:29 +0000

[...] with the previous OECD report, the IMF is generally supportive of the Coalition government’s fiscal policy. The headlines [...]

Comment on Accounting for plumbers by Does Liechtenstein have an income tax? - OnlineMoneyMunchers::Reply

Does Liechtenstein have an income tax? - OnlineMoneyMunchers::Reply — Tue, 19 Jul 2011 05:22:41 +0000

[...] http://taxworry.com/did-government…account-holders/ http://www.abcollege.co.uk/news/ac…ing-for-plumbers http://news.maars.net/blog/2011/06…chtenstein-list/ http://www.intltaxcounselors.com/blog/?p=1791 [...]

Comment on Good statistics or bad accounting? by Jonathan Smith

Jonathan Smith — Tue, 22 Feb 2011 19:53:13 +0000

I doubt whether George Osborne is reading this blog, but he should.

Comment on BIS for Accounting by Christopher Poll

Christopher Poll — Wed, 08 Dec 2010 08:15:49 +0000

You are fundamentally missing the point of DBT – and actually of CreditPal.
On DBT, the key issue is increasing the ability of business to connect with providers of finance and credit. As the recent CBI/ACCA survey concluded “Producing and processing financial information will be crucial to navigating this new landscape; the ability of smaller businesses to automate, standardise, outsource or otherwise manage this workload could have substantial implications for access to finance. One implication of our findings is that SMEs cannot grow without making the leap to producing more and higher quality information as well – therefore the obstacles discussed above could in fact be obstacles to wider economic growth”

Without some form of standardisation, automation leads to depersonalisation and ‘apples cannot be compared with apples’.

All supporters of DBT have an interest doing business with SMEs, in fact CreditPal is far more neutral as we only connect and usage depends on both providers and receivers of financial information using our services. This will only happen if mutual benefit is obtained.

Since you mentioned CreditPal – it is about increasing efficiency and effectiveness of book keeping and accounting that basically has not changed its methods since Amatino Manucci invented double book keeping some 600 years ago. The ACCA has spend some 3 years working with us to ensure our goals were achieved and the result is increase in book keepers and productivity of between 2.5 and 4 times.
As everyone knows moving from an annual processing of annual accounts to a monthly evaluation of business involves a 12-fold increase in cost whether by SMEs or banks etc. CreditPal Essentials is free to every SME in the UK so owners can save a great deal of money and time and send free of charge their P&L, Balance Sheet and portable credit history to a provider of finance or credit. Professionals (like book keepers and accountants) can significantly increase their efficiency and effectiveness by using the other versions that cost between £4 and £10 per week. Why are you commenting without even speaking with me and understanding DBT – and CreditPal?
Your comments are in danger of misleading your members and their clients. Why not investigate how by adopting modern technology your members will improve their services to their clients. So this is why are you deliberately missing the point?

You and your members also need to understand that banks and other providers of finance and credit need to increase productivity, otherwise costs to SMEs will increase significantly. The Credit Crisis occurred and banks failed not because of systemic risk failure but because SMEs could not provide the required information in a cost-effective, timely manner. Doing things the same old way caused the credit crisis in the first place and delays the banks etc from being able to have the required financial information to provide liquidity to the SME sector . Everyone must adopt modern technology and methods – irrespective of brand.

We would welcome your membership of DBT (and would like to demo CreditPal) – please email me chris.poll@future-route.com.

Comment on Simple taxes and benefits by Accounting for Innocents | Accounting Courses Blog

Accounting for Innocents | Accounting Courses Blog — Tue, 23 Nov 2010 17:53:14 +0000

[...] was simply ‘to make food cheap’ not, as they imagined, to encourage healthy eating. As so often, ‘clear social purpose’ looks remarkably like ‘political expediency’. Even [...]

Comment on Tim Bush: Accounting Hero by RBS accounts | Accounting Courses Blog

RBS accounts | Accounting Courses Blog — Tue, 09 Nov 2010 17:36:07 +0000

[...] Stephen Hester seems to feel betrayed, as we all should, by ‘fair value’ accounting describing it as a ‘non-cash’ item as it [...]

Comment on Accounting for Higher Education by Tuition fees: a very imperfect market | Accounting Courses Blog

Tuition fees: a very imperfect market | Accounting Courses Blog — Wed, 03 Nov 2010 16:57:35 +0000

[...] Accounting & Bookkeeping College Courses blog discussed previously the students, either wealthy or entrepreneurial, who are likely to gamble [...]

Comment on Simple taxes? by rachael owusu-ansahboakye

rachael owusu-ansahboakye — Thu, 28 Oct 2010 17:58:17 +0000

i ‘m interested in this course,