Accounting for himself

Article Abstract:

Accounting policies among the UK's leading companies are beginning to improve, but there are still many areas where progress needs to be made, according to Terry Smith, who attracted controversy with his book 'Accounting for Growth' in 1992. This was very critical of the accounting policies of GrandMet, a client of UBS Phillips and Drew, where Smith was working at the time. Most stockbrokers' analysts are too prepared to follow the crowd, and tend not to be critical enough.

Financial analysts, Smith, William (American legislator)

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The best job for a bean counter

Article Abstract:

Heinz UK has seen extensive reorganisation over recent years, according to Malcolm Ritchie, managing director, chief executive and chairman. It has created business divisions supported by service operations, thus ensuring that it can concentrate on serving customers' divisions and consumers' requirements. It has seen improvements in its financial performance, and has been able to reinvest in 'power brands.' It is now looking to develop its export markets.

Food & Kindred Products, Food Manufacturing, FOOD AND KINDRED PRODUCTS, Management, Officials and employees, Food industry, H.J. Heinz Company Ltd., Ritchie, Malcolm

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