As an accountant, you may be faced with some ethical dilemmas in which you have to make difficult decisions or you hardly know what to do. These ethical situations do not always have a clear cut response, and often involves an apparent mental conflict between moral imperatives, in which to obey one would result in transgressing the other.
Recent TRG blog posts
Professional ethics: what should you do with confidential information?
Posted by Rick Yvanovich on Thu, Jan 24, 2013
Blood donation: The most precious Tet gift
Posted by Linh Dao on Thu, Jan 24, 2013
In 2012, the World Health Organisation (WHO) reported that over a period of 10 years, Vietnam’s total blood donation rose from 268,394 to 776,420 units of blood. Impressive as it seems, the amount collected annually only meets about 45% of national demand. In fact, there are only 62 countries in the world that are self-sufficient in blood supplies. With the Lunar New Year (Tet) coming, can Vietnam cope?
What retailers must keep in mind: customer convenience
Posted by Thai Pham on Wed, Jan 23, 2013
For the key supermarket players in mature markets, the high street is becoming an avenue of opportunity to exploit evolving shopping habits. As more and more goods are purchased online, including a rising proportion of groceries, big-box out of town one-stop-shop formats are becoming increasingly undermined. Although this has been a defining retail trend for the last two decades, retailers may have overextended themselves. Not only do online channels compete effectively in non-food areas that larger stores were designed to support, but the rate of growth has become unpopular with communities and prompted planning issues with regulators. As a result, and certainly in the years preceding the economic downturn, retailers have placed renewed emphasis on convenience formats.
Blog Topics: Retail Management System
Citrix Receiver for Windows 3.4 – Just Released
Posted by Cuong Le on Tue, Jan 22, 2013
Citrix has released the new version of Citrix Receiver for Windows in responds to requests for first time use and login simplifications and supports StoreageZones with a new a ShareFile Sync upgrade. It also works well on Windows 8 Pro machines. You can update your PC to the latest standard version (CitrixReceiver.exe) by visiting http://receiver.citrix.com/. As before, you can configure the standard version of Receiver using an email or server address or activate it by opening a provisioning file.
The challenges of application and desktop virtualization
Posted by Cuong Le on Mon, Jan 21, 2013
In the first part of a 4-part series Better Virtualisation with Citrix — Brief overview of the virtualization stack — we discussed overview architecture of a virtualization and its benefits such as isolation and workload portability. In this part, we will examine the challenges related to application and desktop virtualization.
Professional ethics – The key to success during the recession
Posted by Rick Yvanovich on Fri, Jan 18, 2013
Professional ethics are a sensitive definition in any professions, especially during the recession. According to a survey by ACFE (Association of Certified Fraud Examiners), the recession has led to an increase in corporate fraud. In Vietnam, there have been neither official reports nor statistics about the state of professional ethics in companies. However, when looking at recent Transparency International’s corruption perceptions index, Vietnam is listed in the red zone with alarming professional ethics.
Retailers need to focus on satisfactory customer experiences
Posted by Rick Yvanovich on Fri, Jan 18, 2013
Retailers constantly strive to provide great experiences for customers who visit their brick-and-mortar locations. With the strong emergence of internet shopping, these satisfactory experiences are becoming even more vital for merchants with physical storefronts. Recent research has revealed that consumers are highly likely to stop frequenting businesses that offer poor experiences, which could lead to sharp decreases in retention and loyalty for retailers. To prevent this, there are several strategies that companies can use to effectively bring shoppers into their stores.
Blog Topics: Retail Management System
How to evaluate and categorise business performance (part 2)
Posted by Rick Yvanovich on Tue, Jan 15, 2013
In the last post, three out of five criteria to assess business performance in relation to the corporate planning, budgeting and forecasting process were discussed. The last two, pointed out by Aberdeen Group in its 2011 study, are technology and performance management.
Blog Topics: Planning and Budgeting, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM)
Don’t skip non-financial data in corporate reports
Posted by Rick Yvanovich on Sun, Jan 13, 2013
Investors are usually tempted to skip the seemingly wordy introductory pages as well as footnotes. If the financial statements are all about figures and hard data, these non-financial sections of the corporate report add the “human touch”.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software, Infor SunSystems
Brief overview of the virtualization stack
Posted by Cuong Le on Tue, Jan 8, 2013
IT organizations successfully deploy virtualization every day to maximize utilization of existing computing resources and more quickly provision systems, services, applications and desktops. Virtualization helps reduce datacenter capital and operating expenses while increasing the availability of critical business systems. The result is an IT organization with greater agility and a new ability to address even the most complex business imperatives.
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