This article makes the argument that Qantas’ cost and price calculations should be independently audited. It is an indisputable fact that large-and small-scale businesses, NGOs and non-profit enterprises all need reliable cost information to take strategic […]
The $60B JobKeeper ‘Windfall’ – Best Used to Boost Local Manufacturing Capabilities It is good to be right; even if it’s for the wrong reasons! In my article entitled, “Financial Modelling Wars: COVID-19 vs. the […]
Key Takeaways Governments borrow money to finance crises by selling government ‘bonds’; which are ‘promises’ to repay borrowed money, plus interest to those who buy them. However, these bond issues will be less in demand […]
Key Takeaways The extreme measures of social isolation, as those being implemented in Australia, are still inadequate to prevent the health system from being overwhelmed at the ‘peak’ of the epidemic. Australia would need a […]
By Janek Ratnatunga (CEO, CMA Australia) and Hiran Richard De Silva (ReimagineExcel) I returned from Sri Lanka after conducting a CMA program and put myself under a 2-week self-quarantine. Three days later, the Australian government made […]
We currently live in a world of constrained resources, growing populations and climate emergencies that indicate that humans are exceeding the planetary boundaries placed on them as a species. If critical tipping points are reached, […]
In conventional business practice, data was collected as a recording activity with no formal recognition that this data was an important intangible asset. Transaction recording systems only collected and analysed data for specific purposes; e.g. […]
Copyright © The Institute of Certified Management Accountants, Australia