Balancing Cost-Cutting Measures/Efficiency Efforts and Risk Management
In the current challenging economy, many businesses have been forced to implement cost-cutting measures and/or find efficiencies in order to survive. Whether you are cutting costs through methods such as workforce reduction or seeking to reduce waste or gain efficiencies through process improvement techniques, you should not lose sight of the resulting impact on internal controls and risk management
Obama Wants International Tax Reform
President Obama introduced his plan to crack down on off-shore tax havens and remove tax incentives available to multinational corporations. Martin DiGiovine explores the implications.
There's No Substitute for Being There...or is there?
Reduce costs, save time, and improve communications through the use of videoconferencing. Whether you’re meeting with a client across town, your
Understanding the Three Basic Elements of Manufacturing Costs
Cost accounting is a fundamental requirement for achieving success in manufacturing. To be competitive and profitable, a manufacturer must understand and control the three basic elements of manufacturing costs: direct materials, direct labor and factory overhead.