2 results for tag: Business Rules
Rules Today Mean an Understanding of Political Nomenclature
In the modern business-world, anticipating the future requires an understanding of political nomenclature and chaos.
The world recently changed for many business owners in the United States. If you’ve historically conducted a successful business in the U.S., you better keep your eyes and ears open on the latest legislative developments.
Good governance and in particular tax legislation has always been about ways to increase revenues at all times without killing the “golden goose”. Nobody wants to pay and everybody wants more things; so the pendulum swings from corporate to the individual to global. The challenge we have today is that ...
Principled Leadership is Always Superior to Rules-Based Methods
Regardless of your profession, I am convinced there is a conflict between those that believe in principle-driven decisions (Principled Leadership) and those that are rule-driven. I can guarantee you that in accounting this is true.
Our principles are outstanding. There are six of them.
We have duties to:
Enhance and Develop Your Profession
- if you don’t take care of yourself how can you ever take care of anyone else?
Protect the Public
- We have a duty to think about the users of our work, reports, and opinions. When there is a conflict between what say management wants and what protects the public from mismanagement and financial ...