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Recent Acquisition November 2006, Week04

24/11/2006


INTHEBLACK
For People who mean business
November 2006
- The reluctant boom
The value of Australia's chief commodity and resource exports has never been higher. So, why does Australia have a trade deficit despite the commodities boom? Hans Weemaes explains.
- When the (field)work is over
Carmen Ridley looks at the requirements of the auditing standards for the reporting phase of an audit, and underlines its importance.
- Pitfalls and possibilities
There are plenty of CGT traps for the unwary and uninformed surrounding the structure of a small business sale.
- Stairways to Heaven
There is no one path to becoming a CEO. And these days, breadth of experience and agility count more than years spent climbing the ranks.
- Secret garden
Hedge funds offer an alternative investment style, yet remain a mystery to many investors, who can't distinguish the barren dust from fertile ground.
- A simple plan
A well-planned exit strategy will bear fruit in a buoyant market for public practice firms.
- Training wheels
With retirement around the corner, senior finance executives need to get their skates on - and it's not just about the money.

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INTHEBLACK
For People who mean business
October 2006
- The road to independence
Many financial advisers strive to adhere to APS12. But until the law is changed, there is little motivation to pursue the path to full independence.
- Bulls & bears at bay
Some advisers believe volatility is a given in the sharemarket. Volatility, they say, equals opportunity.
  Endangered species
A desperate shortage of academic accounting staff in Australian universities could reach crisis point within the next five years.
  Banking on business
Competition for the Australian business banking dollar has never been more intense.
  Ruling the world
In the convergence of international business regulations one concept stays constant, says IOSCO chairman Dirk E. Witteveen: the need for strong, independent supervisors.
  Identity crisis
Certain businesses operated through entities rather than their own names are drawing Tax Office attention.
  Dossier opener
Look out for: Share-based payments - options for employee share schemes; Marketing - measuring return on marketing investment; Audit - non-financial tests.
  Share-based payments: a serious issue
Philip Gray CPA demonstrates the relative merits of alternate approaches to valuing ESOs under AASB 2.
  Pain is worth the gain, but cost an issue
A CPA Australia survey into effectiveness of the CLERP 9 audit reforms shows interested parties have given the new standards the thumbs up, says Jessie Wong.
- What management and the board need to know about marketing
Quantifying marketing activity has long been the bane of finance departments. However, Dirk Howindt has a method at hand.

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THE ECONOMIST
November 18th-24th 2006

ON THE COVER: Green dreams - the risky boom in the clean-energy business

- America's new thinking on the middle east
- Why hedge-fund fees need clipping
- Can the PlayStation 3 revive Sony?
- The soaring price of luxury assets
- The kidney market

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