Bury my heart at Broken Hill

Article Abstract:

Broken Hill Property Co. Ltd. is a multinational company with different businesses in 170 locations in 50 countries around the world. It is the second largest copper producer in the world, second in such minerals as coal and iron ore, and involved in oil and steel businesses, transport and information technology. Moreover, it has a stake in the Australian brewer Foster's. As the executive general manager of finance for the company, Graeme McGregor is responsible for managing the coffers of the $35 billion giant. He says his biggest challenge is to understand the complexities of managing an international business, identifying the risks and managing them. The global nature of his work instills in him the belief that there is a need to harmonize accounting standards around the world, which he says is severely lacking despite efforts toward accounting unification.

Diversified Companies, Conglomerate corporations, Accounting and auditing, BHP Billiton Ltd.

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A timeless concept

Article Abstract:

UK pub group JD Wetherspoon is determined to open a pub house on every high street in the country. It currently has 141 pubs, primarily in London, and is opening new pubs at a rate of 30 to 40 a year. The company's strategy in finding new sites is to look for large unoccupied retail units, such as banks and shops. It then converts these empty properties into attractive, high quality pubs that offer a wide variety of beers, an all-day food service, no-smoking areas, and noise-free fruit machines. Finance Dir. Richard Pennycook believes that the British market is ready for 1,000 Wetherspoon pubs, but claims that the company has no timetable for achieving this ambitious goal. He claims that Wetherspoon would rather expand at a rate that it finds comfortable.

Drinking places, Drinking Places (Alcoholic Beverages), Management, Bars, saloons, etc., Bars (Drinking establishments), Hospitality industry, J D Wetherspoon PLC

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The pig, the frog and the bean counter

Article Abstract:

Jim Henson Productions (UK) Finance Dir. Michael Bolingbroke is convinced that an accountant has a critical role to play in the success of any business. His own organization is a highly successful one, posting pre-tax profits of 315,000 pounds sterling on a turnover of 1.773 million pounds in 1994. However, despite Bolingbroke's recognition of the accountant's importance to any company, he admits that he prefers to be known as someone who 'worked in the film industry' than as a bean counter. His interest in the entertainment business was fuelled when he had singer Elton John as an audit client while he was still employed at Price Waterhouse. He realized then that he could relate better to the media industry than to pure accounting work.

Game, Toy, and Children's Vehicle Manufacturing, Data Processing Services, Data processing and preparation, Computer Animation Services, Other Animals & Toys incl Puppets, Officials and employees, Information technology services, Interview, Entertainment industry, Jim Henson Co., Computer animation, Bolingbroke, Michael

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