Skip to main content

Enhancing MA blog

I have been exploring ways how to enhance the value of MA blog to readers. You may have noticed that there are changes on the layout and contents of the blog. I receive feedback from the readers by email and I try to incorporate those keeping in mind that they benefit the readers in general. Similarly RV posts good articles on Accountancy and happenings around the world.

Each time you visit MA blog, you will find updates on

You will also notice as you do a page down on the blog, there are news updates from Financial Times, UK, Economic Times & Financial Express so you get the best diet in Finance & Accounting.

I thought of removing Finance Jobs from the contents several times as I feel that you may be keeping track of it anyway through your own sources. But then I felt that it should remain on the blog to make it look complete. However if you feel that they occupy space, you may comment on the blog.

As a rule, when you start doing something, you start to learn new things and new ways of doing it. I noticed a website that provides video feeds for the website and I incorporated on the MA blog. One of the best thing is that they show a demo of "How the Stuff Works". For those readers, who are inquisitive about it, should play the videos which is at the bottom of the MA blog.

One of the motto of MA blog is "Help Us to Help You". Please provide your comments wherever necessary and we will make it a point to meet upto your expectations and make positive contributions to our profession.


Regards,

Santosh Puthran
AICWA




Did you like the remain updated in Accountancy?
Subscribe to Management Accountant by Email

Related Posts


  1. iGoogle - Your friend, philosopher and guide
  2. IT posts on MA Blog
  3. ICWAI applies for name change
  4. The word "Chartered" hot debate in India
PS: A letter written by President & Chairman - Committee for Change of Name of the ICWAI Institute to Honorable Minister of Corporate Affairs on July 1, 2007 highlights two points

  1. changing name of our Institute to “The Indian Institute of Cost & Management Accountants” and
  2. deleting the word “CHARTERED” from the name of Institute of Chartered Accountants of India.
The first request for name change of ICWAI has been outstanding for long time and the second request for change in name of ICAI has just begun. - Blogging Helps !!!


Post a Comment

Popular posts from this blog

Learning Curve Theory

Learning Curve Theory is concerned with the idea that when a new job, process or activity commences for the first time it is likely that the workforce involved will not achieve maximum efficiency immediately. Repetition of the task is likely to make the people more confident and knowledgeable and will eventually result in a more efficient and rapid operation. Eventually the learning process will stop after continually repeating the job. As a consequence the time to complete a task will initially decline and then stabilise once efficient working is achieved. The cumulative average time per unit is assumed to decrease by a constant percentage every time that output doubles. Cumulative average time refers to the average time per unit for all units produced so far, from and including the first one made.

Major areas within management accounting where learning curve theory is likely to have consequences and suggest potential limitations of this theory.


Areas of consequence:
A Standard Costing

Throughput Accounting

Throughput accounting (TA) is an alternative to cost accounting proposed by Eliyahu M. Goldratt. It is not based on Standard Costing or Activity Based Costing (ABC). Throughput Accounting is not costing and it does not allocate costs to products and services. It can be viewed as business intelligence for profit maximization. Conceptually throughput accounting seeks to increase the velocity at which products move through an organization by eliminiating bottlenecks within the organization.


Cost (or Management) accounting is an organization's internal method used to measure efficiency. Since no one outside the organization uses such internal accounts for investment or other decisions, any methods that an organization finds helpful can be used.


Throughput accounting improves profit performance with better management decisions by using measurements that more closely reflect the effect of decisions on three critical monetary variables (throughput, inventory, and operating expense — defin…

Resistence to Change - Approaches of Kotter and Schlesinger

The Six (6) Change Approaches of Kotter and Schlesinger is a model to prevent, decrease or minimize resistance to change in organizations.
According to Kotter and Schlesinger (1979), there are four reasons that certain people are resisting change: Parochial self-interest (some people are concerned with the implication of the change for themselves ad how it may effect their own interests, rather than considering the effects for the success of the business)Misunderstanding(communication problems; inadequate information)Low tolerance to change (certain people are very keen on security and stability in their work)Different assessments of the situation (some employees may disagree on the reasons for the change and on the advantages and disadvantages of the change process) Kotter and Schlesinger set out the following six (6) change approaches to deal with this resistance to change: Education and Communication - Where there is a lack…