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25 Sep 2012
ACCOUNTANCY AGE READERS are not convinced a state-sponsored business bank proposed by business secretary Vince Cable will provide small and medium-sized enterprises with the help they need.
Some 38% of the 50 readers polled felt the new body would do nothing of benefit for SMEs, while 16% said it would not do enough. About 22% felt the institution would provide some degree of help, while just 14% were sold on the plans. About 10% were not sure on the bank.
Further reading
The proposals put forward by Cable (pictured) would see a bank established to provide help to SMEs under the umbrella of one organisation, rather than the current situation where applying for funding for activities such as employing young people, starting your own business, cheap loans and export support must be done through various different bodies.
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Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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