'Better Driving' Incentive Schemes Boost Profits

Article Abstract:

The principle of better driving is being directed toward company fleets. In the United Kingdom, the Royal Society for the Prevention of Accidents (RSPA) has worked from a moral standpoint for years to promote better driving habits. Now they are marketing safety to companies as a financial benefit. They estimate a savings of 3,318 million pounds a year in industry due to defensive driving. Commercial drivers are high risk due to the number of hours on the road. Defensive driving, unselfish driving, means fewer accidents, lower insurance premiums, lower gas consumption, less wear and tear, and fewer repair hours. Conoco is used as an example. A chart lists costs and savings for defensive driving training. Driving awards can have a positive effect - enough to motivate further training and compliance to standard. Twenty guidelines to prevention of accidents are listed.

Safety and security measures, Incentives (Business), Cost control

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Share options - logic breaks down

Article Abstract:

Issues concerning accounting regulations of share options are discussed. Particular attention is given to regulatory proposals from the Accounting standards Board regarding the accounting of share options. It is argued that the regulations are unwelcome.

Accounting and auditing, Capital stock

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Driving down value

Article Abstract:

Issues are presented concerning the changes to taxation law which will affect the drivers of luxury company cars. The costs associated with the ownership of a BMW 5-series, Jaguar S-type and Mercedes-Benz E-class are discussed.

Taxation, Finance, Automobiles, Company, Company cars, BMW 5-Series (Automobile), Jaguar S-Type R (Automobile), Mercedes-Benz E-Class (Automobile)

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