27 Sep 2007
The Tories this week said Alistair Darling should say what he wants companies to disclose on balance sheet, after the chancellor made a call for greater transparency from business. ‘We need effective regulation in international markets and far greater openness to prevent risky investments being hidden off balance sheet,’ Darling told delegates at the Labour Party conference, in a move apparently designed to deflect attention over the Northern Rock fiasco.
However, Justine Greening, a shadow Treasury minister, said: ‘It’s not clear what Mr Darling has in mind. We will have to wait and find out specifically what he feels should have been disclosed that would have been useful.’
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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