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March 2004

Technical articles

  • Capital investment appraisal
  • by Ann Irons
  • relevant to Paper 10
  • The taxation of insurance business
  • by Richard Thornton
  • relevant to Paper 3.2

Feature articles

  • Moving forward with CPD
  • student accountant provides an update on continuing professional development (CPD) following extensive consultation with members, employers and other key stakeholders
  • Asian air travel soars to new heights
  • Colette Steckel travels to Kuala Lumpur to meet ACCA member Tony Fernandes, the bringer of a no-frills airline to Asia
  • Fraud?
  • Australia's largest bank, the National Australia Bank, has been rocked by a scandal which has cost it at least A$360m (US$286m), its chief executive, Frank Cicutto, and its chairman Charles Allen
  • South Africa and the corporate fightback against Aids
  • Amanda Vermeulen reports on how the business sector has stepped up to lend a helping hand against the Aids epidemic
  • Pensions
  • Conflicting research findings have created fresh doubt over the capacity of company pension schemes to meet their potential liabilities
  • Clear out the crooks
  • The European Commission has responded quickly to the collapse of Parmalat in extending its agenda of raising audit standards
  • Auditing China
  • Massive losses and possible fraud have been discovered in some of China's state owned enterprises (SOEs) during a comprehensive investigation by the China National Audit Office

Learning centre advice

  • 3 things you should know about - being a good loser
  • How to - be a people person

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