From 'vicious' to 'virtuous' scorecards

Article Abstract:

The scorecard provides a pictorial analysis of the cause and effect relationships in a corporation's strategy. The scorecard points out that financial measurements are not adequate to assess a company's performance. Financial, business processes, customer services and learning/growth objectives are important to determining the performance of a company's vision.

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Going global - reaching out, making connections

Article Abstract:

Globalization is becoming important to Australian businesses. Companies continue to focus on their core businesses while expanding throughout the world. Several of these companies consult accounting firms to assist them in their global expansion. The value of this advice has an effect on the success of the globalization of a business venture.

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Auditing and outsourcing: an issue of ethics

Article Abstract:

There is a trend toward outsourcing professional services which includes hiring the external auditing firm to provide internal auditing services. There is a concern that the independence of the audit will be compromised. The American Institute of Certified Practicing Accountants has guidelines for this activity but Australia does not.

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