EBITDA-Alternative Performance Measure!
EBITDA- Alternative Performance Measure! By Tom Clendon, ACCA SBR online lecturer, UK In our highly regulated world, financial statements of UK quoted companies must be drawn up and published in accordance with IFRS GAAP. Thus, the format of the income statement is prescribed and standardised….
Management Accountants as Consultants. A Way Forward
Management Accountants as Consultants. A Way Forward. By Qamar Hussain, President of CMA Toastmasters Club, UAE, Business Analyst National Cement Factory, UAE Inside every Management Accountant is a business consultant and deeper inside is the desire to be an entrepreneur. However, running a business…
I am haunted by a zombie ….are you too?
Zombie Companies Are Multiplying and Fueling New Risks.
Even before the Covid-19 crisis, a decade of low interest rates helped to fuel a rise in the number of “living dead”: companies unable to cover their debt-servicing costs from profits in the long term.
Internal Auditor’s Navigation COVID-19- “Here Be Dragon”
Internal Auditor’s Navigation COVID-19- “Here Be Dragon” By Alia Noor, Associate Partner at Ahmad Alagbari Chartered Accountants, UAE According to ancient myth, “Here Be Dragons” was a phrase frequently used in the 1700s and earlier by cartographers (map makers) to mark on maps identifying uncharted…