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Efficiency, Effectiveness and Value for Money - Launch of Universities UK report 26th Feb 2015
 
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Efficiency, Effectiveness and Value for Money - Launch of Universities UK report 26th Feb 2015 with Sir Ian Diamond
Views: 1400 Universities UK
04. What is Value for Money.wmv
 
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This is the second video session on PFM jargon. We explain the meaning of 'value for money'. Go also to the PFM Board at http://pfmboard.com/index.php?topic=6406.0 to download a brochure issued by the UK Government on best practice for Value for Money in complex procurements.
Views: 2748 napodano
value for money audit
 
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-- Created using Powtoon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 16 Shin Tia
Value for Money Audits
 
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"Everyone can use that extra set of critical eyes to help find waste and inefficiencies in government" ~ Bart Maves
Views: 772 Bart Maves
ASP (VALUE FOR MONEY AUDIT)
 
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-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 317 Tiara Aw
The Value of Audit
 
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A finance director, a venture capitalist, a banker and a corporate governance expert give their perspectives on the value of audit to UK companies. For further information on Audit and Assurance: http://www.icaew.com/en/technical/audit-and-assurance
Views: 4032 ICAEW
The Money Audit For More Success
 
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Are you spending money on the right things? Do you really know what success is? Do you realize that some of the things you're spending money on will give you just a bump of happiness for a week, a month, or even 6-months... but they're not sustainable? In this podcast i'm going to share with you how to put your money in the MOST important places to get you to your next level of life. - To get exclusive bonuses only available to my podcast family... Subscribe to the Millionaire Success Habits Podcast today 👉 http://subscribetodean.com
Views: 4010 Dean Graziosi
Brian Pallister asks acting auditor general to conduct a value-for-money audit
 
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Leader of the Offical Opposition Brian Pallister and MLA Heather Stefanson announced that they have asked the acting auditor general to conduct a value-for-money audit into the construction of Investors Group Field.
Views: 123 WinnipegFreePress
Value For Money Audit
 
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-- Created using Powtoon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 11 Yuu Riz
Value of Audit - An evolving discussion
 
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The Value of Audit program is bringing audit stakeholders together with investors to tackle the issues facing audit. Visit kpmg.com/ValueofAudit to learn more about the current and future direction of audit.
Views: 249 KPMG
Value of Audit: What misperception of audit would you bring clarity to?
 
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Four KPMG audit leaders from across the globe clear up some misperceptions around the audit. Follow #ValueofAudit on Twitter
Views: 1061 KPMG
Value for Money : Senate Wants Full Audit Of $16bn Egina Oil Field Project
 
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The Nigerian Senate has through its committee on local content demanded for full audit of the 16 billion Egina oil field Variation which was launched in 2013, with a target to commence operation in 2018‎. The upper chamber also‎ said that following allegations of corruption embroiled in the project, the Nigeria National Petroleum Corporation (NNPC) ought to have called for audit under the term of its contract. This is coming after the ad-hoc committee investigating the local content elements and cost variation of the Egina oil field contract and presented ‎first phase of it report to Senate‎ before embarking on recess. The chairman of the Committee, Senator Solomon Adeola made the demands while addressing contractors handling the Egina oil field contract, NNPC representative at National Assembly Complex today in Abuja.
Views: 390 Viable Tv
Introducing 'Value For Money' with Michael Weatherhead
 
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http://www.imainternational.com/training/factsheet/Value+for+Money http://www.nef-consulting.co.uk/ http://www.imainternational.com/ Michael Weatherhead, International Director, NEF Consulting introduces our 'Value For Money' course. This unique 5-day programme gives you the tools and knowledge to maximise and embed value for money (VfM) approaches in your projects, programmes and organisation. You learn about best practice in economic theory as well as how to practically apply existing and emerging tools. To develop and deliver this course, we partner with NEF Consulting, the consultancy arm from the leading UK think tank NEF (New Economics Foundation). This partnership combines the technical know-how of NEF Consulting with IMA’s extensive international development experience to deliver this unique course. It is designed for development practitioners responsible for maximising VfM through all elements of programme and project design and delivery. Delivered by development economists NEF Consulting, you will benefit from the latest thinking on how to guarantee your activities deliver maximum value to your organisation and its stakeholders.
Views: 750 IMA International
Value for Money audit for the G8 Legacy Fund
 
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Will the government support the AG in conducting a value for money audit on the G8 Legacy Fund
Views: 169 John McCallum
EAC Procurement: Achieving value for money
 
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East African Procurement Authorities want SME-specific and uniform legislation that will help this segment of the market reap from the 30% government expenditures which generally is spent on procurement. The region's procurement bodies are meeting in Kampala in the 6th East African Procurement Forum. Rheiner Ojon reports For more news visit http://www.ntvuganda.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our FaceBook page http://www.facebook.com/NTVUganda
Views: 118 NTVUganda
Report: 1 in 3 students don't think course is value for money
 
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A National Audit Office report says 1 in 3 students don't think their course is value for money. Like what you see? Please subscribe http://youtube.com/RTUKnews FOLLOW ON TWITTER: http://twitter.com/RTUKnews FOLLOW ON FACEBOOK: http://fb.com/RTUKnews READ MORE http://rt.com/uk/ WATCH LIVE: http://rt.com/on-air/rt-uk-air/
Views: 194 RT UK
Analysing value for Money Procurement challenges
 
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http://www.ntvuganda.co.ug/ Out of a staggering nine trillion shillings of budgeted expenditure for this financial year ending, over six trillion was within the armpit of planned procurement from within and outside the country. However, numerous investigations from agencies such as the Auditor General, IGG and World Bank continue to raise concern to ministries and gov't departments over procurement related fraud; affecting value for money, real absorption as well as un utilized funds.
Views: 1078 NTVUganda
ASIC interview: The future and value of audit
 
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CA ANZ Assurance & Reporting Leader Amir Ghandar sits down with Doug Niven, ASIC Senior Executive Leader Financial Reporting & Auditing to discuss the future and value of audit.
The National-audit-office at Gradu8.mov
 
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The NAO audits most public-sector bodies in the UK and produces value for money reports into the implementation of Government policies. The National Audit Office are chatting live at GradU8. Register now at www.gradu8.com
Views: 916 TotaljobsGradzone
Value for money analysis in Water, Sanitation and Hygiene (WASH) programming
 
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Value for money (VFM) analysis can be an important tool for programme performance management in the water, sanitation and hygiene (WASH) sector. It can be used across the project cycle – from planning and design through implementation, monitoring and evaluation. It’s often overlooked by project managers, however – or seen as an onerous box-ticking exercise. Drawing on research from a number of DFID-funded WASH programmes in sub-Saharan Africa and South Asia, this film helps bust some common myths surrounding VfM analysis while highlighting its applicability in a range of contexts. For more information, a guidance note on how to do VFM analysis for WASH programmes, and a synthesis report of the studies, visit: www.vfm-wash.org
The role of KM in achieving efficiency, effectiveness and value for Money in the Public Sector
 
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Prof. JOHN ADAMS Head Department of Economics British University in Egypt Cairo, Egypt WASD 2017 15th International Conference Digital revolution, smart cities and performance improvement towards a sustainable knowledge-based inclusive development Under the Patronage of His Royal Highness Prince Khalifa Bin Salman Al-Khalifa, The Prime Minister of the Kingdom of Bahrain, Ahlia University - Kingdom of Bahrain 16th - 18th May 2017 Sheraton Bahrain Hotel Manama – kingdom of Bahrain
A Keynote Speech by Sir Amyas Morse KCB, Comptroller and Auditor General
 
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The Institute invited guests to a keynote speech by the Comptroller and Auditor General, Sir Amyas Morse KCB, as the National Audit Office (NAO) marked the 150th anniversary of the creation of the position of Comptroller and Auditor General. In the last year, the NAO supported over fifty evidence sessions of the Public Accounts Committee on topics ranging from mental health, the criminal justice system and ‘Right to Buy’ to the UK’s response to crises overseas. In his speech, Sir Amyas set out the challenges facing public servants in delivering value for money and good quality public services for citizens. He drew on examples – both good and bad – from across the NAO’s body of work to unpick why, despite the best of intentions, public money is not always spent to best effect. He also highlighted what we can learn from those aspects of public spending that do achieve the gold standard of being good value for money. The event was chaired by Julian McCrae, Deputy Director of the Institute. The speech was followed by a question and answer session.
EU-funded investments in airports provide poor value for money
 
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http://www.eca.europa.eu/en/Pages/NewsItem.aspx?nid=5505 A report published today by the European Court of Auditors (ECA) reveals that EU-funded investments in airports have not generated the expected results and have produced poor value for money. Due to a lack of adequate planning and forecasting, say EU auditors, some of the funded airports were situated too close to one another, while some of the construction projects were too big for the numbers of planes and passengers involved. Find more information on the European Court of Auditors website: http://www.eca.europa.eu/en/Pages/NewsItem.aspx?nid=5505
Public Sector Internal Audit Conference (PSIA) 2015
 
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An effective and efficient government has a powerful impact on a country’s economy. Organized by the IIA Singapore and CSC Singapore, the theme of the Public Sector Internal Audit (PSIA) Conference 2015 was “Unlocking the value of internal audit – For an efficient and effective government”. Internal auditors play a vital role in strengthening corporate governance, internal controls, risk management and value-for-money initiatives in the public sector. With the increasing complex and uncertain external environment, IA must consider broadening its scope and capabilities in these areas. Beyond IA’s primary role in assurance for effective governance, it can play a more significant role in addressing external threats and risks, as well as continuing to address threats within the organisation such as frauds and corruption. It must also work closer with the Board, AC and management to overcome emerging issues and challenges that their organisations may face as a value-creation partner to help agencies operate effectively.
Views: 342 IIASingapore
AuditorProud Myth #1 - Audit is strictly a compliance function.
 
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Audit opinions contain enormous value for clients. Jeff Burgess, Audit Services national managing partner, explains how financial statements can be a source of deep strategic business insights for clients and how technology will improve audit quality and business decision-making.
Views: 162 Grant Thornton US
Why Fees of CA are Justified for the services offered by them
 
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Views: 669 Sam and Sugar
Value for Money
 
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Fazer mais com o dinheiro público !!!
Views: 570 Canal PPP
Value For Money
 
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Views: 783 Get Rich Slow
Clients explain why accountancy firm is value for money
 
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Gordon Saunders on 07812 576 430 or [email protected] This is one of eight films videoed one day in the offices of ad+, an accountancy practice in Glasgow. Some of the films were aimed at potential customers. Others were targeted at new staff. All enhance the image of this go-ahead firm.
Views: 39 Gordon Saunders
Auditor General put counties on notice
 
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County governments have been put on notice to give residents value for money from the taxpayers’ funds they receive annually. According to Auditor General Edward Ouko, his office is opening up region hubs to enhance supervisory roles on the devolved units. Citizen TV is Kenya's leading television station commanding an audience reach of over 60% and in its over 12 years of existence as a pioneer brand for the Royal Media Services (RMS), it has set footprints across the country leaving no region uncovered. This is your ideal channel for the latest and breaking news, top stories, politics, business, sports, lifestyle and entertainment from Kenya and around the world. Follow us: http://citizentv.co.ke https://twitter.com/citizentvkenya https://www.facebook.com/Citizentvkenya https://plus.google.com/+CitizenTVKenya https://instagram.com/citizentvkenya
Views: 388 Kenya CitizenTV
Let Me Show You How To Grow An 8-Figure Business
 
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Unlike a typical event where you only take notes... We’re going to actually help you execute multiple business strategies -- on the spot, so you walk away with a 3-ring binder, scripts, templates, and as value as possible. Our Mentor Bootcamps are for you if: You have a brand new concept you want to launch You already have a business and want to scale You’re stuck at 6 figures and want to reach a million If you attend, bring your laptop. https://tailopez.com/bootcampYT Because during each of our Mentor Bootcamps in: Beverly Hills Manhattan Miami London ...we’ll be demonstrating multiple strategies for you live, walking you through each of the steps, in addition to providing personalized answers to any questions you have about YOUR business -- be it about going from idea to launching or scaling from 6 to 7 figures. Not only will you be learning from both me, Tai Lopez, and Alex Mehr (note: between the two of us, we’ve spent $500 million on advertising and generated $1 billion in sales)... We’ll be inviting multiple millionaires with a proven track record who’ll walk you through each of their strategies. When is this taking place? Each bootcamp will be from Noon to 7pm in the evening. Food will be provided at the event. The next event is scheduled on March 22nd in New York City. If you can’t make it to this one, don’t worry you have 3 more opportunities. The other event dates are TBA. Some of the main things you’ll get in-person help with include: How to set up an e-commerce business from scratch How to test business ideas on a budget How to build and scale your agency How to set up a phone sales team How to get a MVP online ASAP How to catch trends that have the highest profit margins How to launch ads using Facebook, Google, and Snapchat How to use polls to research your target market How to find investors to invest in your company How to hire staff, outsource, and manage a team How to use video advertising to stand out And much more https://tailopez.com/bootcampYT As you can imagine, workshops like this will be in high demand. Based on my experiences with doing events like these in the past, they reach 80-90% capacity within days. This is why I encourage you to: ACT NOW -- SEATING IS LIMITED! While technically we could plan and sell thousands of seats... That’s NOT our goal with these events. We’d much rather keep each Mentor Bootcamps limited to a handful of entrepreneurs, probably around a few hundred -- TOPS. Full disclosure: It’s on YOU to make it to the event. (We’re not travel agents.) But the good news is with AirBnB and Uber, the logistics aren’t that big of an expense -- in addition to being a tax write off. If you’re at least slightly interested in attending, best save your spot now. We have a 100% refund policy, so you get all your money back if you attend and you’re unsatisfied with the training. (Which, for the record, is something that’s never happened before.) https://tailopez.com/bootcampYT Seats WILL fill up fast. Stay Strong, Tai
Views: 12852 Tai Lopez
The National Audit Office’s Value-for-Money Assessment of Transport Investments - Geraldine Barker
 
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Presentation on "The National Audit Office’s Value-for-Money Assessment of Transport Investments " by Geraldine Barker, National Audit Office, UK. Presented at the ITF Roundtable on "Ex-post assessments of transport investments and policy interventions: Prerequisites and methodological challenges" Paris, 15 September 2014.
Views: 401 IntTransportForum
Strategic procurement (Report 1: 2016–17)
 
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Procurement of services and supplies makes up a significant proportion of expenditure for Queensland Government departments. During 2015–16, 21 government departments and 16 Hospital and Health Services made around 2.1 million separate payments to procure about $10 billion of supplies and services from 33 903 suppliers (excluding capital spend). This is about 18 per cent of their total expenditure. Accountable officers — usually departmental directors-general and agency chief executives — are responsible for carrying out their operations efficiently, effectively, and economically. This includes economy in procurement — the cost-effective acquisition of services and supplies of the right quality at the best price. There have been several reviews into whole-of-government procurement between 2007 and 2012. Each review identified significant opportunities for departments to achieve substantial cost savings; however, while the public sector is better positioned to undertake strategic procurement now than it was four years ago, significant financial benefits have not been fully delivered. This audit examines whether Queensland Government departments are enabling and achieving value-for-money procurement outcomes through effective strategic procurement. It also examines if sufficient measures are in place to develop the necessary procurement capability in the staff who work in this field, and whether good quality data is available.
Treasury under pressure to show projects' value
 
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Pressure is mounting on government to introduce value-for-money audits on how the growing annual budgets are helping grow the country's wealth and generating more job opportunities for taxpayers.
Views: 81 The Star Kenya
Tanzania: Advantages of Audit Firm Basil & Alred
 
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"We are a professional services firm offering assurance and auditing, tax advisory, compliance and advisory in general. Basically, we are an audit firm. We all have the big firm experience, but we do it better and for less. It does not mean that we are cheap, rather that you get more value for your money. We know the country and we are not as large as some of our colleagues which means you get a better turnaround time. We are also available. If you were to call me, you could reach me quite easily compared to some of our colleagues in the bigger firms. So you can reach me as the managing partner easier than reaching a managing partner at a much bigger firm because they are dealing with much more. So that is the advantage. Quick turnaround, same service, but we believe our service is superiorly delivered, and value for money. We serve the same clients that the big firms do". To read the full transcript of the MarcoPolis interview with Godfrey Mramba, Managing Partner and CEO at Basil & Alred, visit Marcopolis.net http://www.marcopolis.net/basil-alred-leading-assurance-services-company-in-tanzania-discusses-investments.htm
Views: 194 Marcopolis Net
How to maximize value for money from analyst contracts
 
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2013 webinar with Rachel Godwin (then Harnden), from Progress Software, Duncan Chapple and Bram Weerts from Kea Company. We recommend six steps for firms wanting to get more value from analysts, but there's one over-arching observation: it's a win-win activity. We've found that account executives at analyst firms are generally willing partners in helping clients to get the best value. Of course they want to maximise contract value, but they know that the wrong portfolio of services won't be highly valued. With very few exceptions, you can expect salespeople at analyst firms to be serious partners. Here's how to do it. 1. Audit. Large organizations sometimes lose sight of what is being spent with analyst firms outside of what goes through the primary contract. Identifying this current spend and adding it to total spend, strengthens your position. Having all the data in hand before the contracts are presented puts one in a position of strength. 2. Benefits. Analyst firms should give valuable insight into market changes and developments, future trends, technology insights, what others are doing, and what customers want. The analysts can be an information bridge between vendor and clients. By measuring the benefits of subscriptions, you can establish value for money. 3. Goals. Clients need to establish which firms best allow it to meet business goals. That means understanding who the priority users are, what parts of the value proposition are primary, and what users of analysts services find each firm's strengths and weaknesses to be. 4. Options. Any choice is only as good as its best available alternative. So identify alternative sources of research and inquiry access. There may be some areas of duplication between the analyst firms, and there might be some opportunity to better align analyst access internally. Identify the best alternative provider for every service, so you're not dependent on any one firm. 5. Portfolio design. Analyst firms employ some habitual tricks to get more power, including offering benefits which are either not essential to client success, or presenting established levels of service or access, which are not explicitly placed in the contract, as a special favour. To get around that, identify a portfolio of alternative firms that offer the best value for the analyst services that are critical for success. Consider taking a quarter off from your most long-standing contract, just to ensure you're not dependent on a provider. 6. Negotiate. Work to bring the best value services, shown in the benefits analysis, into the bottom line of the contract negotiation. Review contracts to ensure that the terms include what users need. Negotiate the contracts extensively in advance. Everything depends on those how well the analyst firm understands the client's initial needs, and how proactive it is in making that happen. The rest is mechanics and either account teams deliver or not. If they don't, they don't deserve your business.
Views: 289 Duncan Chapple
Federal Reserve Explained | The History & Future of Money | Full Length HD
 
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Subscribe Now : http://t21c.com/12YTr3X Learn Now : http://21university.com Shop Now : http://store.the21convention.com You can’t do very much if you don’t have money. Gary Korolev will prepare you to understand the origin of money and how you can use the past to protect you from future monetary hardships. In this video, you’ll learn: - What the value of money is. - How to examine the history of money to predict the future. - How money is controlled. About the speaker : Gary Korolev is a CFA (Chartered Financial Analyst) Charter holder. He graduated from the University of Florida with a Bachelor's Degree in Finance in 2004. Prior to joining his current employer Gary worked in a Financial Advisory capacity at Morgan Stanley and Merrill Lynch. He is currently a Consultant on approximately $300 million worth of Private Client assets at a large, well reputed financial services firm which he wishes not to name because the views expressed in this video do not represent the views of his current employer. Gary immigrated to the United States from Russia with his family in 1992 as a political refugee. His father was a publisher of an anticommunist newspaper in the Soviet Union prior to the fall of the Iron Curtain. Gary is a proponent of the Austrian School of Economics of which the most widely known economists are Ludwig von Mises and Murray Rothbard. The Austrian School argues for a completely free market, and extremely limited government if any public government at all. Gary finds credibility in the Austrian School because despite being in the small minority of all economists, the Austrian Economists are credited more than any other with predicting the housing bubble and many other prior financial bubbles as well as explaining how government intervention in the economy, economic central planning and market manipulation by government enforced monopolies such as the Federal Reserve end up causing more harm than good to the economy in the long run. Gary may be contacted at [email protected]
Views: 18521 21 Studios
Value for Money: Christian Aid’s approach
 
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How does Christian Aid deliver the best value for money in its development programmes? Jane East, a former advisor in our Programme Performance team explains the trade off between the ‘4Es’ in Value For Money and how Christian Aid can best measure and achieve Value For Money in what we do.
Views: 1537 thisischristianaid
Statement of Cash Flows -Intro to Financial Accounting-Spring 2013(14)-Victoria Chiu
 
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Principles of Auditing: Professor Liburd Lecture 1 Overview 1/24/14 Please visit our website at http://raw.rutgers.edu TIME STAMPS 0:19 In the Public Interest 1:58 Center for Audit Quality Website (& video) 6:44 Auditing vs. Accounting 11:35 Definition of Auditing 27:03 Purpose of Auditing 30:01 Information Risk 30:59 Assurance vs. Attestation 34:25 Sarbanes-Oxley Act The purpose of this lecture is to provide the student with an overview of auditing and assurance services and the CPA profession as a while. Auditing and accounting are technically two different fields, and thus should be distinguished. Accounting is the recording, classifying, and summarizing of economic events for the purpose of providing financial information used in decision making. Auditing is determining whether information that has already been recorded properly reflects the economic events that occurred during the accounting period. More specifically, auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions (financial statements, including footnotes) about economic actions and events to ascertain the degree of correspondence between the assertions and established criteria (GAAP) and communicating the results (auditor's report and other reports) to interested users (persons who rely on the financial reports to make economic and financial decisions, such as creditors and investors). An audit is performed by a competent, independent person (both independent in fact and independent in appearance). The auditor must be qualified to understand the criteria used and must be competent to know the types and amount of evidence to accumulate to reach the proper conclusion after the evidence has been examined. The competence of the individual performing the audit is of little value if he or she is biased in the accumulation and evaluation of evidence. Overall, auditors lend credibility to the financial statements presented by management. There are numerous factors that have contributed towards the need of independent auditing today. (1) Remoteness of information (i.e. lack of stockholder interaction with management, directors not being involved in daily operations and decision making, and dispersion of the business among numerous geographical locations and complex corporate structures). (2) Biases and motives of the provider. Information will be biased in favor of the provider when his or her goals are inconsistent with the decision maker's goals. (3) Voluminous data. Most business have to deal with millions of transactions processed daily via a sophisticated computerized system. There are also multiple product lines, and multiple transaction locations (probably for EACH of the aforementioned product lines). A fourth is (4) Complex exchange transactions. New and changing business relationships lead to innovative accounting and reporting problems. The potential impact of transactions is not always quantifiable, which in turn leads to increased (and sometimes more complex) disclosures. Auditing plays an important role in reducing information risk. Information risk reflects the possibility that the information upon which the business risk decision was made was inaccurate. Causes of information risk include the fact that it is nearly impossible for a decision maker to have much firsthand knowledge about the organization with which they do business (i.e. information from others must be relied upon). Furthermore, if information is provided by someone whose goals are inconsistent with those of the decision maker, the information may be biased in favor of the provider. The higher the volume of transactions, the greater the risk that improperly recorder information is included in the records. Exchange transactions between organizations have become increasingly complex and therefore more difficult to record properly. There are four major elements of the broad definition of assurance services. (1) Independence-integrity and objectivity. (2) Professional services (which involves some element of judgment based on education and experience). (3) Improving the quality of information or its context (assuring users about the reliability and relevance of information). (4) For decision makers. An attestation service is a type of assurance service in which the CPA firm issues a report about the reliability of an assertion that is the responsibility of another party. To attest means to lend credibility or to vouch for the truth or accuracy of the statements that one party makes to another. It is primarily financial information. There are five categories: (1) audit of historical financial statements, (2) attestation of internal control over financial reporting, (3) review of historical financial statements, (4) attestation services on info technology, (5) other attestation services.
Views: 34018 Rutgers Accounting Web
Are Computers taking Accounting Jobs? (Job Security)
 
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ZACH DE GREGORIO, CPA www.WolvesAndFinance.com I get asked this question a lot. “Are computers taking accounting jobs?” And when I get asked this question, I actually chuckle to myself, because it is something I never worry about. But there are a lot of people out there who worry about this. So I wanted to talk about the issue. The simple answer is, YES, computers are taking accounting jobs. But there is no reason to worry about it. So let me explain what I mean. You really have to look at this from a historical perspective. Imagine how accounting was done before computers. Companies would have these massive rooms that were full of accountants. And these accountants would have these ledger books, and they would write by hand every transaction that happened in the company. Then you would take all these books, add them all up, and that is how you would create a set of financial statements. This took an enormous amount of man power. Then computers come along. Nothing is done by hand anymore. When a transaction happens it is instantly recorded in a computer. So all these jobs instantly become obsolete. None of these accounting jobs exist anymore. So this happened in the 80s and 90s. And here we are today in 2017, and we have more accounting jobs than ever before. So computers destroyed all these jobs but we still need more accountants. So that’s why I never worry about it. Because we have lived through incredible technological advances, and the role of the accountant continues to be in demand. The reason for this is there are business owners around the world. And these business owners need a physical person in their business to watch the money. It doesn’t matter how advanced your computer system is, there still needs to be someone sitting there watching the money. And that accountant, needs another physical person from outside the company to come in and audit them. And then both of those accountants need another accountant to come in and do all of their taxes. Technology will always advance, but accounting jobs are also constantly changing. Business is becoming more complex, and there is more demands on accountants then ever before. I don’t think this question is really about computers. Computers are just a scapegoat. What this question is really about, is job security. Accountants tend to be practical people, and so job security is something they really care about. Job security is one of the reasons people are attracted to accounting. And so when you threaten job security, accountants freak out. So if this is you, if you are worried about job security, there is a couple of things you need to realize. 1) There is no such thing as 100% job security. So stop worrying about. Things happen in life. Your company could unexpectedly go bankrupt, and you would be out of a job. And you know what? You just deal with it. You just go out and find another job. Now I am not making light of being unemployed, because I know it’s difficult and scary. But there is no point in making life choices, based on the fear of something you have no control over. 2) Don’t choose a career by trying to predict the future. Choose a career based on what you love and jobs people are paying for today. Your career is going to be 30-40 years long. You have no clue about what the business world is going to look like in 30-40 years. So stop worrying about it. If accounting stops being a thing in 40 years, than go find another job. 3) Never stop learning. What you learn in college will become obsolete in five years. If you take your first job out of college and never improve your skills, you probably should worry about job security. The world is always moving forward, and you want to make sure your skills are always in demand. 4) Generate tremendous value. If you are generating tremendous value at your job, you will always have job security. If you are making 100k at your job, and you are generating 200k of value for the company, that company is never going to let you leave. So instead of worrying, you should be thinking of ways to really excel at your job. Find every opportunity around you to create tremendous value. I am hoping my message here is hopeful. The world is always changing, but you have control over your destiny. You have the choice to continue improving your skills. You have the ability to create tremendous value at work. So don’t be scared of job security, and don’t be scared of computers. Neither Zach De Gregorio or Wolves and Finance Inc. shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice.
Views: 11776 WolvesAndFinance
EU funds for diversifying the rural economy are delivering only limited value for money
 
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http://www.eca.europa.eu Member States were often driven by a need to spend the allocated budget rather than by an assessment of the appropriateness of the diversification projects themselves. In some Member States, all eligible projects were funded where sufficient budget was available regardless of how the project was assessed in terms of its effectiveness and efficiency. Only later in the period when funding was tight, better projects were rejected. More information on the European Court of Auditors website: http://www.eca.europa.eu
EU WASTE: Taxpayers cash is still being wasted - 11 years after this EU expenses scandal
 
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EU WASTE: Taxpayers cash is still being wasted - 11 years after this EU expenses scandal THE EUROPEAN Parliament kept secret breaches of rules which were discovered in 2008, allowing abuses of staff perks and expenses and nepotism to continue unchecked for at least three years, it is claimed. The Parliament’s internal auditor is said to have found significant breaches were common among the 7,000 unelected officials. Despite the auditor warning of the risk of "conflicts of interests", staff were allowed to continuing authorising their own expenses and pay allowances to family members. The reports obtained by The Daily Telegraph in 2008 identified instances when officials were being given double payments or allowances to which they were not entitled to. And a recent attack on EU chiefs from Italy’s Five Star Movement suggests little has changed in relation to waste of taxpayer cash. A top Italian MEP revealed their monthly salary was not only “exorbitant” but a “slap in the face of more than 100 million in poverty”. Ignazio Corrao, an Italian MEP from the Five Star Movement, formally launched his party’s campaign for the European Parliament elections in May on January 17 in Strasbourg. The populist politician attacked the EU Commission, saying that in 2019 “taxpayers will spend €12.6million (£11million) to support the Commission body”. With figures in his hand, he also started pointing his fingers at the highest EU officials. According to Mr Corrao, the President of the Commission, Jean-Claude Juncker receives €27,436 (£24,006) a month. The High Representative of the European Union for Foreign Affairs, Federica Mogherini, "earns €25,845 (£22,614) a month” and the Vice President, Frans Timmermans “€24,852 (£21,745) a month”. Mr Corrao called for the EU to change as soon as possible, noting how the bloc gives "absurd privilege to politicians while imposing sacrifices on citizens in the name of budget constraints". Over the years the European Union has been often at the centre of scandals and controversy, in particular over the waste of taxpayers money. The reports in 2011 also highlighted how staff failed to secure the best value for money for taxpayers and found irregularities and conflicts of interest concerning awarding contracts worth more than £600 million a year. Despite the findings, the audits had been kept secret from most MEPs, allowing the abuses to continue unchecked for more than three years. EU staff tried to stop the release of the reports as they argued that public exposure of the audits would “disrupt decision-making”. However, Diana Wallis, a Liberal Democrat member of the "bureau", which administers the assembly, told the Daily Telegraph that openness would have helped MEPs to improve the working of the parliament. She said at the time: “We had had plenty of time to look at the internal audit report and implement recommendations, and therefore I believe that we had to ensure that these documents were released." Marta Andreasen, former whistle-blowing chief accountant at the European Commission and a member of the parliament’s budgetary control committee, commented on the 2011 scandal, saying: “The parliament’s bureaucracy operates with a total lack of transparency, which is how it gets away with these irregularities.” A European Parliament spokesman said after the release of the reports: “The very aim of these reports is to improve the parliament’s management by identifying risks and weaknesses. "The auditor makes recommendations to the management, which are then carried out and followed up again by the auditor, as the internal auditor points out himself.”
Views: 19 Vigorously Live
Neither justice nor value for money
 
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This week we are discussing the recent findings of the National Audit Office with regards to cuts to Legal Aid. The report shows that the reforms have not delivered value for money for the taxpayer, but have put additional strain on a range of services. With people unable to access justice, and the taxpayer not receiving value for money, it is hard to see how this is anything but a lose/lose scenario for anyone but the Treasury. You can read the report here: http://www.nao.org.uk/wp-content/uploads/2014/11/Implementing-reforms-to-civil-legal-aid1.pdf and for more about the impact upon women who are survivors of violence, click here: http://www.theguardian.com/society/2014/sep/10/women-die-legal-aid-rules-domestic-violence-victims
The Auditor-General's annual audit work program
 
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The Auditor-General publishes an annual audit work program in July each year, which takes regard of the priorities of the Parliament as outlined in the Auditor-General Act. The purpose of the program is to inform the Parliament, government sector entities and the public of the audits we propose to deliver throughout the financial year. The program covers financial statement and performance audits, and other assurance activities.
Views: 214 ANAO Communication
Catherine Austin Fitts – Federal Government Running Secret Open Bailout
 
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$21 trillion in “missing money” at the DOD and HUD that was discovered by Dr. Mark Skidmore and Catherine Austin Fitts in 2017 has now become a national security issue. The federal government is not talking or answering questions, even though the DOD recently failed its first ever audit. Fitts says, “This is basically an open running bailout. Under this structure, you can transfer assets out of the federal government into private ownership, and nobody will know and nobody can stop it. There is no oversight whatsoever. You can’t even know who is doing it. I’m telling you they just took the United States government, they just changed the governance model by accounting policy to a fascist government. If you are an investor, you don’t know who owns those assets, and there is no evidence that you do. . . . If the law says you have to produce audited financial statements and you refuse to do so for 20 years, and then when somebody calls you on it, you proceed to change the accounting laws that say you can now run secret books for all the agencies and over 100 related entities.” In closing, Fitts says, “We cannot sit around and passively depend on a guy we elected President. The President cannot fix this. We need to fix this. . . . This is Main Street versus Wall Street. This is honest books versus dirty books. If you want the United States in 10 years to resemble anything what it looked like 20 years ago, you are going to have to do it, and there is no one else who can do it. You have to first get the intelligence to know what is happening.” Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, Publisher of “The Solari Report.” Donations: https://usawatchdog.com/donations/ Stay in contact with USAWatchdog.com: https://usawatchdog.com/join/ All links can be found on USAWatchdog.com: https://usawatchdog.com/secret-money-for-private-armies-catherine-austin-fitts/
Views: 249007 Greg Hunter
Fox News May Have Broken The Law By Killing Trump Affair Story
 
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**Want to read 5 books in one sitting? Try Blinkist for free → https://www.blinkist.com/nc/partners/ring-of-fire/   A lawyer for Diane Falzone, the woman who wrote the story on Trump’s affair and payoff to Stormy Daniels for Fox News, suggests that the network may have violated federal laws by killing the story and silencing the reporter. This could easily be viewed as an in-kind campaign contribution, exactly like the hush money payment itself. Ring of Fire’s Farron Cousins explains what this could mean for the network.   Link – https://www.alternet.org/2019/03/it-sure-looks-like-fox-news-may-have-broken-the-law-to-help-trump-and-the-lawyer-for-a-reporter-suing-the-network-thinks-congress-should-subpoena-her-client/ Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content! Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire Be sociable! Follow us on: Facebook: http://www.facebook.com/RingofFireRadio Twitter: http://www.twitter.com/RingofFireRadio Google+: http://plus.google.com/118415831573195648557 Instagram: https://www.instagram.com/ringoffirenetwork/ Follow more of our stories at http://www.TROFIRE.com Subscribe to our podcast: http://www.ROFPodcast.com *This transcript was generated by a third-party transcription software company, so please excuse any typos. According to Attorney Nancy Erica Smith, who's client happens to be Diane Falzone, the Fox News reporter who had actually uncovered these Stormy Daniels hush money payment story prior to the 2016 election. And then Fox News killed it. Uh, Nancy Smith, the attorney for this woman appeared on MSNBC earlier this week where she hinted at the fact that Fox News may have actually broken the law by killing this story so that it doesn't effect Donald Trump's campaign. Now, the decision to not err this story that was damning to Donald Trump was made by a man, a man by the name of Ken Look Court, who is now a former Fox news executive. But according to, uh, the filings, he was the guy who said, no, we're not going to run with that story. And he totally claims that it wasn't because Rupert Murdock wanted Trump to be president. They just considered the story not publishable, even though it was about a presidential candidate having an affair after his wife had given birth four months ago and that he tried to cover it up with the hush money payment. So, yeah, kind of seems like a big deal. But according to the executives at Fox News, it was not publishable, but it's not because it was not publishable because they love Trump. They just didn't think anybody would care about it I guess. But here's the thing, and this is what, uh, the attorney Nancy Smith pointed out, how is this not an in kind campaign contribution? Fox News obviously felt that this was something of value for the Trump campaign and therefore they did not publish it. Giving them that value of not having published it. Now I know there's a lot of gray areas in the law right there, but this would not be a difficult argument for really any attorney in this country to prove Fox News knew that this story could damage the presidential nominee that they had been supporting. So they intentionally didn't publish it in order to help him. To me, that seems like an in kind unreported campaign contribution, which would be a violation of federal law. So Nancy Smith is saying that at the very least, we need to have some kind of hearing about this. These people need to go and testify, preferably before Congress, and explain why exactly they killed this story, why they felt it wasn't important enough, why they deemed it unpublishable and whether or not they feel that it provided value to the Trump campaign. Because it did. Also, she wants her client to be called before Congress to testify because as it stands right now, she is restricted by nondisclosure agreement. That was part of a settlement after she sued the network, not for that story not being published, but for gender and disability discrimination. So after they didn't publish your story, apparently they were discriminating against her. So this woman has had it very rough with that particular network and part of that settlement was a nondisclosure. So she can't even talk about what she uncovered and what they told her about not publishing it. Hearings need to take place. We need some answers on this because we need to find out, as Nancy Smith pointed out, is Fox News actually a news slash entertainment company or are they simply an extension of the Trump administration? I think all of us deserve answers to that question. #rof #trofire #theringoffire #progressivenews
Views: 37956 The Ring of Fire