This is from the "Accounting Makes Cents" podcast episode #5 released on Monday, 24 January 2022. So what I wanted to do for this episode is to start off from where I got the inspiration for today’s topic. The title of this episode is the Trolley Problem. And for children of ethical studies, you will … Continue reading The CIMA Code of Ethics and the Trolley Problem
Tag: E2
The Barista and the Balanced Scorecard
This is from the "Accounting Makes Cents" podcast episode #4 released on Monday, 10 January 2022. In today’s episode, we will be discussing a performance management tool that’s been around for a very long time, one that is certainly quite popular in CIMA exam circles. And that is the Balanced Scorecard or BSC for short. … Continue reading The Barista and the Balanced Scorecard
Code Word: Strategy…Part Three
So for the past 2 weeks we've been talking up a storm on strategy (see Part 1 here and Part 2 here). We've looked at planning a strategy and working out where we stand. We've looked at making some choices and devising how we will get there. This week, we shout our last battle cry...the … Continue reading Code Word: Strategy…Part Three
Code Word: Strategy…Part Two
Last week saw us starting a three-part series on strategy. This week, we gear up to shout our second battle cry...the strategic choices. So during the first part of strategy formulation, we focused on knowing ourselves, where we are at the moment (point A) and where we want to go in the end (point B). … Continue reading Code Word: Strategy…Part Two
Code Word: Strategy…Part One
Strategy is the plan of action, the grand design, the scheme...the blueprint. Called by many names, but in the world of management accounting, strategy is no different. It is the very definition of a company and the backbone it needs to stand up straight and say to the world, "Lookout, here I come!" And while … Continue reading Code Word: Strategy…Part One