Morison Menon News

Applying The Brand Valuation Standards ISO 10668

Tue, 05 Mar 2013 10:00:00 +0000

Prior to the release of the new standard by ISO, the valuation of any brand was always questionable as the valuation outcome depended on the specialist choosing the methodology for the valuation.

A Risk Management Approach

Tue, 05 Feb 2013 09:00:00 +0000

This article illustrates a few major risk elements associated with cross border MA deals in the region and mitigation actions for the same.

Demystifying XBRL

Sat, 05 Jan 2013 08:00:00 +0000

The adoption of XBRL provides the framework to support the effective exchange of documents and data across applications, platforms and the internet.

CELEBRATING 29 YEARS OF RETAILING EXCELLENCE

Fri, 30 Nov 2012 15:00:00 +0000

Dubai Duty Free will shortly mark its 29th anniversary on December 20th 2012

VALUATION OF INTERNET

Sun, 25 Nov 2012 14:00:00 +0000

Growth in the case of internet firms often happens through acquisition of other firms.

CAN TECHNOLOGY HELP BUISNESS TO MAKE SENSE FROM UNSTRUCTURED DATA?

Tue, 20 Nov 2012 13:00:00 +0000

To manage the large amount of data there has been a proliferation of data mining and data analytical tools that are sold by software vendors.

THE APPLICATION OF LIFO METHOD IN INVENTORY VALUATION IFRS vs US GAAP

Thu, 15 Nov 2012 12:00:00 +0000

Inventory is the largest and probably the most important asset for many manufacturing and trading corporations.

RISK ASSESSMENT IN CLOUD ENVIRONMENT

Sat, 10 Nov 2012 11:00:00 +0000

The risk that emerges due to adoption of services in the cloud and risk mitigation measures that can help in risk reduction.

EMERGING KERALA 2012

Mon, 05 Nov 2012 10:00:00 +0000

The event brings together government and corporate leaders, heads of regulatory institutions, and economists, from various walks of life to find ways and means and explore new pathways to make Kerala a power-house of sustained economic and social development.

MAXIMISING VALUE FROM INTERNAL AUDIT

Fri, 05 Oct 2012 10:00:00 +0000

There are certain common traits at the organization level and auditor, which have helped the successful organizations from maximizing benefit from their internal audit process.

E-LEARNING STRATEGIES FOR ORGANIZATION

Sun, 30 Sep 2012 10:00:00 +0000

Organizations look to e-learning programmes to make their employees work competitively and to demonstrate competency in new areas.

WHY SMEs SHOULD EVALUATE CLOUD COMPUTING SERIOUSLY?

Tue, 25 Sep 2012 10:00:00 +0000

The increase in bandwidth availability at higher speeds and lower cost has made solutions offered by cloud providers attractive especially for the SMEs.

BUILDING FOR THE FUTURE

Thu, 20 Sep 2012 10:00:00 +0000

Dubai Airports plays no small part in achieving these targets and features prominently in Dubai future plans.

HOW TO IMPLEMENT ISO 9001 IN SMEs

Sat, 15 Sep 2012 10:00:00 +0000

Morison Menon conducted a survey among SMEs to determine the top COBIT controls that SMEs should have in place for securing information assets.

IT Governance

Sun, 20 May 2012 10:00:00 +0000

Morison Menon conducted a survey among SMEs to determine the top COBIT controls that SMEs should have in place for securing information assets.

Dubai FDI

Sun, 20 May 2012 09:00:00 +0000

Dubai FDI aims to bring in more capital and entrepreneurs to Dubai enabling them to grow beyond Dubai, in collaboration with the government and the private sector.

Avoiding M&A Pitfalls in SMEs

Tue, 15 May 2012 08:00:00 +0000

Companies use mergers and acquisitions to build market share, broaden product oferings, and enter new markets. However, the process of M&As, however small the deal may be, should be well thought out and planned.

Why Petroleum Industry Should Adopt Business Analytics More Proactively

Fri, 20 Apr 2012 07:00:00 +0000

Use of Business Analytics makes data driven decisions a reality and outcomes that are more certain and less unlikely. When implemented as an integral part of a company's overall business strategy, Business Analytics and Optimization can help companies manage their business bett

Use of Metrics in Retail Industry in the GCC

Tue, 10 Apr 2012 06:00:00 +0000

Every business has its own set of metrics that helps the business to assess its performance and benchmark itself against others in the business.

Spotlight on Jumeirah: Brand Power and Expansion

Sat, 10 Mar 2012 05:00:00 +0000

Jumeirah Group has established a platform for global expansion and a standard that is now expected at the very top end of the luxury market.

Software Licensing Agreement How Customers are Taken for a Ride by the software Companies

Mon, 20 Feb 2012 04:00:00 +0000

It is important for organizations while buying enterprise level sofware to carefully analyze the license agreement they enter into before signing and abide by the agreement through proper controls in place once the sofware is installed thereby preventing from geting into non compliant issues with the sofware vendor.

Is Market Research and Analytics Relevent for my Business

Fri, 10 Feb 2012 03:00:00 +0000

Outsourcing market research but retaining analytics within the organization can be a cost efective strategy which organizations should not ignore.

Do You Prefer a Loyal or Obedient Employee

Fri, 20 Jan 2012 02:00:00 +0000

When employee of a company feels responsible for the success and failures of the company, the foundation is formed for performance of team and not individuals and this atitude characterizes loyalty.

Internal Audit Alternative Approach

Tue, 10 Jan 2012 01:00:00 +0000

The internal audit function needs to reorient itself from merely being a cost centre to become a revenue generator and proft centre.

Using Data to Stay Ahead

Sat, 10 Dec 2011 12:00:00 +0000

To become data driven company, you need to relook at the critical business processes where intuitive decision making is the current norm. Identify the reasons why data is not available to make the decisions.

Is Outsourcing Good For My Organization

Sun, 20 Nov 2011 11:00:00 +0000

Outsourcing to established players also helps you to assess the capability of service providers and learn from their processes.

Taking or Giving responsibility

Thu, 10 Nov 2011 10:00:00 +0000

Taking responsibility is one of the best decisions that any individual can make to live meaningful life at personal and organizational level.

Are You Ready To Benefit From Cloud Computing

Thu, 20 Oct 2011 09:00:00 +0000

Doing better business globally using cloud is a sure recipe for success.

The Transformation of Dubai- a Global Trade Hub

Mon, 10 Oct 2011 08:00:00 +0000

The future of Dubai is bright, and DMCC is commited to continuing to help it grow and prosper by enhancing the fow of trade through the Emirate.

SMEs and Cash Flow Management

Sat, 10 Sep 2011 07:00:00 +0000

Better cash fow management helps in spoting potential cash fow gaps. It serves as a reference tool for seeking funds from bankers.

Changing Business Scenario in UAE

Sat, 20 Aug 2011 06:00:00 +0000

Raju Menon, Chairman and Group Managing Partner, Morison Menon Group talks about the new legislation and taxation in the UAE and how businesses are fast changing in the UAE.

Has Direct Tax Code Short Changed The NRI

Wed, 10 Aug 2011 05:00:00 +0000

The DTC is a good atempt by the fnance minister to align Indian Direct Tax regime with taxation laws prevalent in the US and Western World.

Choose the right email solution for your company

Wed, 20 Jul 2011 04:00:00 +0000

It is very important that IT managers take the right steps in deploying the correct mailing solution.

Kizad- the Industrial Zone Of Tomorrow

Sun, 10 Jul 2011 03:00:00 +0000

Kizad will set new standards for industrial zone infrastructure, environment and operation, establishing international industry best practice and reinforcing Abu Dhabi global competitive advantage.

Maximizing Benifit From Internal Audit

Sat, 30 Apr 2011 02:00:00 +0000

Morison Menon launched a survey covering select companies across Middle East and India to understand their experience with internal audit function in their organization.

NRI-The forgotten Hero

Mon, 25 Apr 2011 12:00:00 +0000

NRI need to channelize their money into their homeland, thereby, being part of the development process of the nation they actually belong to.

HR and Technology

Wed, 20 Apr 2011 12:00:00 +0000

In case of Human Resources, technology helps in all processes from recruit to retire functions and has drastically changed the way employees and managers get access to the human resource data.

Gujarat: A preferred place to live and to do business

Sat, 09 Apr 2011 04:00:00 +0000

The Gujarat Government is in turn committed to create a business-friendly environment making the state the leading investment destination.

Retaining talent, A strategic priority

Thu, 31 Mar 2011 10:00:00 +0000

In present day knowledge economy, HR heads of organizations keep promoting the idea of employee as their biggest asset and source of their competitive advantage.

Ras Al Khaimah: Land of opportunity for local and foreign investors

Thu, 20 Jan 2011 03:00:00 +0000

Ras Al Khaimah has been a key contributor to the socioeconomic development of the country, and has over the years successfully established one of the Middle East most dynamic and fastest-growing economies.

Breeding excellence as a habit

Mon, 10 Jan 2011 02:00:00 +0000

If we try to understand how our habits are formed, then it would be easy for us to achieve excellence in whatever we do.

Lease Accounting- Significant changes that can impact your business

Mon, 20 Dec 2010 01:00:00 +0000

In August 2010, International Accounting Standard Board (IASB) and US Financial Accounting Standard Board (FASB) issued an Exposure Draft (ED) on Leases.

Indian President visit to the UAE - Impact on India - UAE Trade

Fri, 10 Dec 2010 12:00:00 +0000

Indian President Her Excellency Pratibha Patils visit to UAE has emerged as one of the driving forces for accelerating the trade and investment between UAE and India.

The Direct Taxes Code Bill,2010

Thu, 25 Nov 2010 11:00:00 +0000

The Direct Taxes Code Bill,2010 consolidates and amends the laws relating to direct taxes such as Income Tax and Wealth Tax in India.

Attestation of Wills by Dubai Courts

Tue, 23 Nov 2010 10:30:00 +0000

From October 1, 2010 the Dubai Courts Notary Public Department assigned to attest Will which is a very important part of estate planning that ensures if the financial affairs are in order.

Overseas Listing

Sat, 20 Nov 2010 10:00:00 +0000

With the strong economic base and infrastructure including very clear transparent laws and regulations, Singapore is one of the favorite place for companies seeking listing.

Challenges in adopting Environmental Accounting

Mon, 15 Nov 2010 09:00:00 +0000

The concept of environmental accounting has its share of challenges unlike conventional accounting

The Importance Of Working Capital

Wed, 10 Nov 2010 08:00:00 +0000

Working capital management is one of the cornerstones of business continuity and acts as a hedge against tightening credit and access to additional capital.

Dubai Airport Free zone Takes Initiative to Promote Entrepreneurship

Fri, 05 Nov 2010 07:00:00 +0000

In an effort to promote innovation and entrepreneurship, the Dubai Airport Free Zone launched Dubai Enterprise Center (DEC) a Business Incubation Center based on international best practices.

Investment Properties - An Overview

Sat, 10 Jul 2010 06:00:00 +0000

Real estate properties are an integral part of the UAE economy. There are many new as well as ongoing real estate projects nearing completion in the UAE, worth billions of Dirhams.

Al Gharbia, an overview

Thu, 15 Jul 2010 05:00:00 +0000

Al Gharbia, the Western Region of Abu Dhabi, which accounts for more than four-fifths of the total area covered by the Emirate, is set on a course to become as wealthy above the ground as the oil and gas reserves are beneath it.

Scorecard In Govt. And Semigovt.Organizations

Sat, 10 Jul 2010 04:00:00 +0000

The Balanced Scorecard is a strategic planning and management system that is used extensively in organizations to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.

Concept Of Environmental Accounting

Mon, 05 Jul 2010 03:00:00 +0000

Environmental accounting at organization level, the focus of this article, aims to address the needs of organization to measure the economic efficiency of their environmental conservation and the business activities of the company as a whole.

Masdar City An Emerging Clean Technology Cluster

Thu, 01 Jul 2010 02:00:00 +0000

Masdar City is positioning itself to be at the centre of the cleantech industry, an industry that will see tremendous growth, both here in the region and across the globe for decades to come.

Internal Auditing Shifting from Inspection mode to Advisory mode

Sat, 15 May 2010 01:00:00 +0000

Shifting the focus of Internal Audit from an inspection to an advisory mode would, over a period of time, create a collaborative approach across the entire organization for driving improvements, with the Internal Audit function playing a very crucial enabling and facilitating role.

Do We Need To Insure Ourselves And Our Properties?

Mon, 10 May 2010 24:00:00 +0000

In order to mitigate the risk arising from unexpected and untimely losses, the best available solution is to cover the risk with an appropriate insurance.

Web 2.0 Technologies

Wed, 05 May 2010 23:00:00 +0000

The most popular web 2.0 technologies are blogs, social networking, wikis, crowd sourcing, video sharing and podcasts.

Be Right - Know Your Consumer Rights

Sat, 01 May 2010 22:00:00 +0000

Campaign to raise awareness to retailers and consumers about the Consumer Rights Law

Tax Information Exchange Agreements[TIEAs] - Part2

Sat, 20 Feb 2010 21:00:00 +0000

The issues involved and challenges in bringing the tax havens to follow the rules of the game of the global economy.

Internal Communication Web2.0 Scenario and Beyond

Mon, 15 Feb 2010 20:00:00 +0000

For an organisation to achieve its goals it is essential to have open and frequent communication between the management and the employees.

Overcoming Customer Behaviour Pattern Part 2

Wed, 10 Feb 2010 19:00:00 +0000

Understanding customer behaviour is a complex subject and many years of field experience in handling different situations comes handy just as in any profession.

Preparing For 2009 year-end reporting under IFRS

Fri, 05 Feb 2010 18:00:00 +0000

Recent years have seen major changes in financial reporting worldwide with the adoption of IFRS being the common language in the financial reporting world.

Guest Article: One Customised Solution for Multiple Needs

Mon, 01 Feb 2010 17:00:00 +0000

Recent years have seen major changes in financial reporting worldwide with the adoption of IFRS being the common language in the financial reporting world.

Overcoming Customer Behaviour Pattern - Part1

Sun, 15 Nov 2009 16:00:00 +0000

It is important for sales person to understand customer behaviour pattern before deciding what and how to sell.

Tax Information Exchange Agreements (TIEAs) - Part1

Tue, 10 Nov 2009 15:00:00 +0000

Offshore jurisdictions, which are normally considered tax havens, play a very important role in international business transactions.

Integrating Risk Performance Management : Why - How

Thu, 05 Nov 2009 14:00:00 +0000

Long term and sustained success of an organization is a function of two key factors; risk management and performance management.

Guest Article: DuBiotech

Sun, 01 Nov 2009 13:00:00 +0000

DuBiotech is intended to be the hub and the centre of excellence in the region bridging research, education and industry because it is the first and only of its kind in biotechnology in the Middle East.

DFSA Updates - Funds Regime in DIFC

Sun, 30 Aug 2009 12:00:00 +0000

DFSA proposes to make significant enhancements to the DIFC Collective Investment Funds regime.

RAS AL KHAIMAH OFFSHORE RE-DOMICILIATION PROVISION

Tue, 25 Aug 2009 11:00:00 +0000

The companies formed under RAK International Companies Regulations (RAK Offshore Companies Regulations) can now exercise the option of re-domiciliation.

Amendment to UAE Federal Law No. 8 of 1984

Thu, 20 Aug 2009 10:00:00 +0000

A decree has been issued amending some provisions of Law No.8 of 1984 in regard to corporate law to reduce cost of setting up new businesses.

MacIntyre Hudson joins as new UK member of Morison International

Sat, 15 Aug 2009 09:00:00 +0000

MacIntyre Hudson, the UKs 20th ranked firm, is to join Morison International (MI) from 1st April 2010.

Twofour54 - Abu Dhabi Media Free Zone (First operating Free Zone in Abu Dhabi)

Mon, 10 Aug 2009 08:00:00 +0000

twofour54 creates a new industry opportunity for the region by providing a collaborative and fully-equipped centre that brings together local, regional and international companies from across the breadth of the film, broadcast, digital, publishing and music industries.

Registration of freehold properties in Offshore Companys name

Wed, 05 Aug 2009 07:00:00 +0000

Dubai Land Department has introduced a new regulation prohibiting the registration of freehold properties in the name of Offshore Companies from foreign jurisdictions

Fujairah Creative City

Sat, 01 Aug 2009 06:00:00 +0000

Creative City is completely a new media innovation cluster and an addition to the media-hubs in the region after Dubai Media City and twofour54 of Abu Dhabi.

The Global Recession

Wed, 20 May 2009 05:00:00 +0000

The global financial crisis is sucking countries into a world of deep recession. The effects seem to be, actually, beyond the imagination of political leaders of major economies.

Rediscovering The Pearl Of The Middle East Bahrain

Fri, 15 May 2009 04:00:00 +0000

Bahrain offers multiple benefits - excellent infrastructure, taxfree business opportunities, a strategic location, a cosmopolitan and liberal culture, and fabulous amenities all at lower costs relative to other Gulf countries.

Time To Upgrade Talents Within Organisation

Sun, 10 May 2009 03:00:00 +0000

Employers while planning for headcount reductions need to emphasise talent in cost cutting efforts, strengthen value proposition they offer to current and future employees and position themselves strongly for growth when tide turns in their favour.

What Is Wrong With Six Sigma

Tue, 05 May 2009 02:00:00 +0000

Six Sigma does have its own benefits, its efficacy can be deceiving. Hapless managements, anxious to save on costs, eagerly lap up the promises offered by Six Sigma projects.

Guest Article: Introduction To The Dubai Accreditation Department

Fri, 01 May 2009 01:00:00 +0000

The Dubai Accreditation Department (DAC) is the leading accreditation body working in the Arabian Gulf region.