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Published on: 29 Sep 2010
Last week one of the top policemen in the UK admitted to getting discounted flights for his family by using air miles obtained on tax payer funded flights. John Yates, who is the Assistant Commissioner of the Metropolitan Police (i.e. the Greater London Police), is entitled to fly business class on official trips abroad. This [...]
Published on: 27 Sep 2010
On Saturday Apple officially launched the iPhone 4 in China. They also opened up two new flagship stores in Shanghai and Beijing. China is the world’s largest mobile market with more than 800 million subscribers so it would seem to make sense that Apple sell their products there. Why has is taken them so long [...]
Published on: 24 Sep 2010
Monday could be a big day for a lot of people. Tesco, one of the leading UK supermarkets, will commence selling the erectile dysfunction drug Viagra. Viagra has been a huge success for Pfizer. It’s one of their blockbuster drugs and millions of the little blue tablets have been sold over the last 10 years. [...]
Published on: 22 Sep 2010
Things have changed. You won’t be hearing much about PricewaterhouseCoopers any more. Is this breaking news? Does this mean that we will be talking about the Big 3 rather than the Big 4? Should PricewaterhouseCoopers partners and staff be rushing to recruitment consultants to get another job? There’s no need to panic as all is [...]
Published on: 17 Sep 2010
In the UK, the Professional Oversight Board is one of the bodies that works towards improving the quality of audit work and audit firms. They have just published their 2010 inspection reports into the Big Four audit firms. If you feel so inspired, you can read these reports free here. Obviously, not only the Big [...]
Published on: 15 Sep 2010
“Double, double toil and trouble, fire burn, and cauldron bubble” so goes the famous Witch’s chant from Act 4, scene 1 of Macbeth but was a similar chant taking place last week when a potential Witch Tax was rejected by the Romanian Senate? Like many countries around the world Romania suffered badly during the recession. [...]
Published on: 13 Sep 2010
On Saturday Wayne Rooney the England and Manchester United footballer was dropped for the game against Everton. According to the Manchester United manager Alex Ferguson, he was dropped so that he wouldn’t have to endure excessive abuse from the Everton fans (whilst the married Mr Rooney has recently gone through a barren patch of scoring [...]
Published on: 10 Sep 2010
At this year’s San Francisco World Spirits Competition the best Vodka in the world award was won by a small distillery based in rural England in Herefordshire. Chase Vodka beat off 115 other entries to win. This is a superb achievement by them. I’ve been lucky enough to try some of the vodka. It’s certainly [...]
Published on: 08 Sep 2010
PricewaterhouseCoopers is a great company. It’s one of the top companies in the world and it’s also a truly global company. The latest reported figures show over 160,000 PwC people working around the world including 8,500 partners. On Monday PwC released their UK results for the year ended June 2010. So, how did they do? [...]
Published on: 06 Sep 2010
Toys R Us is one of the largest toy store chains in the world. It’s very successful and has nearly 1,300 stores around the world. What it didn’t have though was a strong internal control system in their UK purchase ledger department. Between 2006 and 2008, married father of two and accounts payable manager Paul [...]
