KPMG in the Philippines [kpmgcorner]

KPMG Corner

	Business & Financial Advisory

		Measuring stakeholder value, 8/19/2008 “The problem is that not everything that counts can be counted, and not everything that can be counted counts.” — Albert Einstein Read more...
		From shareholder value to stakeholder value, 6/17/2008 The classical view of a firm’s objective holds that it is a profit maximizing organization operated by professional managers on behalf of the shareholders. Read more...
		Triangles, fraud, and misconduct, 5/13/2008 Just a caveat before you go on reading, the concepts that will be presented below are not new. Read more...
		Change management as critical success factor in post-merger integraion, 4/22/2008 In recent years, companies have started to emphasize the need of the shareholder value creation (SVC). Many companies now state SVC as their most important goal. Read more...
		Driving up enterprise value during tough times, 2/19/2008 Higher returns on investment, profits, market leadership are some of the key business priorities. Read more...
		Forcasting and business performance, 1/22/2008 In the early part of 2007, results of a research commissioned by KPMG International revealed that senior finance professionals saw forecasting as the area of their business which they were most dissatisfied with. Read more...
		Look Who Is Cheating Your Company, 11/27/2007 Despite intense efforts to stamp out corruption, misappropriation of assets and fraudulent financial reporting, sophisticated criminals, dishonest employees or a combination of the two, continue to represent a real threat to the assets and reputation of any company. In the workplace, incidents of fraud are greater than ever. In a recent survey conducted by KPMG among the largest organizations across public and private sectors in Australia and New Zealand, total value of fraud reported is USD154.9 million with an average value for each company of USD714,000. Are you certain your company is not a victim? Read more...
		Debt Restructuring - An Overview, 10/30/2007 Debt is defined as “something that is owed or that one is bound to pay to or perform for another”, according to Webster’s dictionary. Restructuring comes from two words, re meaning “again” and structura, Latin for “to put together”. Read more...
		Growth opportunities not for all, 8/14/2007 The Philippine economy is in a very enviable position. The papers a few weeks ago reported that the approved investments by PEZA and the BOI as of the first semester of this year, have grown by 30 percent to P130 billion compared to P100 billion in the same period last year. This consists of local investments amounting to P65.7 billion, with the balance coming from foreign investments. Read more...
		Smart Due Diligience for a Smart Investment, 8/07/2007 With the improving economy and the trend towards trade and investment liberalization, foreign investors are now being attracted to invest in the Philippines in order to expand their market or to enhance their earnings. Read more...
		Let's talk about cost, 6/26/2007 Many businesses understand that having an efficient cost structure can be a source of competitive advantage. Despite this though, few companies seem able to properly embed a culture of strategic cost reduction into their organization, meaning that many of their cost reduction initiatives devolve into reactive measures which bring nothing more than a short-term fix. Read more...
		Moving Toward Global Banking Compliance, 6/05/2007 Recent accounting and auditing scandals have led to a new resolve on the part of regulators and business leaders to reinforce and improve standard-setting processes and require sound accounting, auditing, and disclosure practices by companies and their auditors. Read more...
		Driving for post deal success: 10 Tips for Acquirers, 5/1/2007 Mergers and acquisitions (M&A) are fast becoming essential elements of corporate strategy. Read more...