GLG News by IFRS Accounting Specialists

China's banks recently plan take over all over the world, US, Macao, Africa, Hong Kong and UK. This shown that China wants to diversify its investment portfolio to more stable economy and China has plenty of cash due to trade surplus and China's banks have been absorbed the cash from issued shares and...

Environmental  costs  are  becoming real business costs. As  time  progresses,  the  Kyoto  protocol  is  being renegotiated  and  taxes  on  carbon  are  being  considered  in  various  forms. The ...

China restrict capital outflow to Hong Kong share market recently but the banking system had absorbed the overflow funds, as Chinese's banks facing many obstacles to invest abroad , now they plan to acquire Standard Chartered Bank.

As the crude oil price in the world market reach US$100 per barrel, China Petroleum and Chemical Corp.(Sinopec) issued bonds worth 20 billion yuan to build up natural gas pipeline to supply to big cities in the east for this more cheaper and cleaner source of energy.

Business is fast taking a different dimension under the globalised set up . To be competitive in open market scenario where market is the global market place, business needs to be scaled up to attain economy of scale at the same time services has to be customised to the maximum, the structure must be...

Valuation of a target company when question of acquisition arises do not necessary depends on the contemporary valuation models. There has been number of cases of recent acquisition cases where the value paid by the acquirer defied all valuation logic. This phenomenon does not necessarily implies...

Budgeting and financial analysis has always  occupied  pride of place in organization planning and control. In so far as  investment planning  is  concerned  budgeting has not got  the  importance  that  it  deserves. In this  analysis I ...

In modern competitive business environment, it is absolutely important that constant focus is being given on the level of competitive edge of the business. There is no better tool towards this goal than value enhancement to the ultimate customer from the goods or services that are catered to by the...

Activity based  costing  has  made major strides since it  was introduced nearly 20 years ago into the mainstream of accounting and  cost  analysis. ABC  analysis  has  however not yet  made  much  of  an  inroad  into assessing ...

In the scenario of developed Stock market the perceived value of Business to the Investor community is an important indicator of Business valuation. Market Capitalisation, thus is fast becoming an universally accepted indicator of Business Valuation. Unipolar focus on working towards increased Market...