Transfer pricing

Posted on 27/04/2017 by Jonathan Rooks

A good introductory presentation to the principles of Transfer Pricing.

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Constructing a Balanced Scorecard

Posted on 26/04/2017 by Jonathan Rooks

The organisation behind the Balanced Scorecard has a favoured approach for developing a BS in an organisation.

https://www.balancedscorecard.org/BSC-Basics/The-Nine-Steps-to-Success

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Yes, the planet got destroyed….

Posted on 21/03/2017 by Jonathan Rooks

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Advice on studying methods

Posted on 06/01/2016 by Jonathan Rooks

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Pricing – not all straight lines

Posted on 10/12/2015 by Jonathan Rooks

Interesting graphics showing the impact on consumers of changes in prices. It’s not the straight line relationship we so often talk about and calculate in class.

pricing graphic

http://www.ritholtz.com/blog/2015/12/science-of-pricing/

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How to work out Labour Costs – Apprentice style.

Posted on 19/11/2015 by Jonathan Rooks

Candidates on The Apprentice demonstrate how they calculate costs – eventually.

http://bobnational.net/record/_w4IpPKwFn2X8iYIvIDI6I3

The Apprentice (BBC 11/11/15)

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How not to do pricing – The Apprentice

Posted on 18/11/2015 by Jonathan Rooks

Love this moment in The Apprentice (8/11/15).

Demonstrating that prices go down the fewer you buy!?

Takeaway from this “that’s why we establish the prices in advance”.
http://bobnational.net/record/_GzIRBQOsGe6WueIwINIyI5

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An architect, an artist and an accountant….

Posted on 15/11/2015 by Jonathan Rooks

…were discussing whether it was better to spend time with one’s wife or mistress.

The architect said he wanted to spend time with his wife, building a solid foundation for an enduring relationship.

The artist said he enjoyed time with his mistress because of the passion and mystery.

The accountant said “Both”.

“Both?” queries the other two.

“Yes” says the accountant. If you have a wife and a mistress then both will assume when you are away that you are spending time with the other”.

“Then you can go to the office and get some work done”.

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Your boss may think you are evil….

Posted on 06/11/2015 by Jonathan Rooks

Download the PDF file .

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It’s not just the rate of pay we need to take into account when calculating labour rates

Posted on 28/10/2015 by Jonathan Rooks

In our seminar and exam questions we tend to use a simple hourly rate of pay when calculating Direct Labour costs. The reality of course is more complicated.

In addition to the money we give our employee per hour, there are National Insurance payments we need to make to the Government and now, everyone has the opportunity to be in a pension at the employers’ expense.

You will have seen the adverts!

 

https://www.youtube.com/watch?v=WhOp8BJa2hk

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