Christopher Ram

An eight-page, abridged version of Ram & McRae’s Focus on the 2010 Budget will appear in Thursday’s Stabroek News.

Part 3 Introduction To begin today’s column I conclude with two of the provisions relating to supplementary appropriations in the Fiscal Management and Accountability Act 2003, (FMAA).

Part 1Introduction So often we hear time-worn sayings like ‘Chickens coming home to roost,’ ‘History repeating itself’ and ‘Forgetting the lessons of history,’ and we think they are just platitudes of no consequence.

The Banks Group Comment Ram and McRae has identified and announced as one of the activities and initiatives for its 25th anniversary being observed this year, an award for the best Annual Report by any Guyanese company.

Introduction Accustomed only to the arcane drudgery of a calculator and a columnar pad, I turned to the Angel Gabriel and the Deity Ganesh for divine guidance in looking at the world in 2010.

Business Page Introduction The word ‘merry’ fits in with Christmas as horse goes with carriage.

Brightening prospects Introduction Today’s column draws heavily on the Business Outlook Survey 2010, an annual survey which Ram & McRae has been carrying out for sixteen years.

Part 3 Introduction This is the third and penultimate instalment of a short series reviewing the mid-year financial and economic report presented last month by the Minister of Finance.

Business Page Business Page is dedicated to providing objective information and opinion on issues of interest to the business community and the public at large.

Economy firewall malfunctions Today Business Page begins a short series on the Mid-year Report 2009 which the Minister of Finance is required to submit to the National Assembly under the Fiscal Management and Accountability Act, 2003.

Business Page Business Page is dedicated to providing objective information and opinion on issues of interest to the business community and the public at large.

Business Page is dedicated to providing objective information and opinion on issues of interest to the business community and the public at large.

Business Page Introduction If everything goes according to plan and the new Kingston Power Plant finally comes into operation within the next week or two, Guyanese can expect a reduction in the spate of blackouts that for the better part of 2009 have been plaguing the business sector, torturing households, arousing tempers and making any planning almost impossible.

Introduction Even accountants can benefit from a periodic encounter with history and as this column revisits the never ending journey to arrive at the Nirvana of Corporate Governance, it is good that we recall a few facts.

Answer: the thickness of a prison wall Business Page That is how the former Labour Chancellor of the Exchequer in the UK, Denis Healey defined the two related practices but which have distinctly separate consequences.

Business Page Business Page is dedicated to providing objective information and opinion on issues of interest to the business community and the public at large.

Business Page Introduction How can a financial institution that just a few months ago boasted about a “liquidity of 40% of the total assets or 47% of members’ funds, a position exceeding the approved industry standard” – whatever that means – suddenly start telling current and potential loan customers to come back in six to eight months time?

Business Page By Christopher Ram Introduction After two years before a Special Select Committee, new anti-money laundering legislation was passed by the National Assembly on April 30, 2009 and assented to by the President on August 14, 2009, a gap of close to one hundred days.

Business Page Introduction The stereotypical auditor as a fat, prematurely aging, bald, boring and unenterprising man probably says as much about the audit profession as it does about its practitioners.

Business Page Conclusion Introduction Today we conclude our review of the Low Carbon Development Strategy (LCDS) announced by President Jagdeo to the international community and now the subject of consultations taking place across Guyana.