The EC and the East: consultants converge

Article Abstract:

Several funding and assistance initiatives in Europe are providing accounting consultancies with the chance to provide their services to eastern European countries. Two such assistance programs are the Poland and Hungary: Assistance for Restructuring of Economics (PHARE) and Tempus, both based in Brussels, Belgium. These programs provide both short- and long-term benefits using the Brussels-based connection in facilitating the expansion of the consultancies amidst swiftly changing political and economic conditions in eastern Europe. Phare's projects are intended to further the development of market-based economies in eastern Europe through privatization. It has assisted in the initiation of consultancy services of the Federation of European Accountants. Tempus has already assisted in the development of systems of higher education in eastern Europe.

International aspects, Economic policy, Eastern Europe, European Union, Strategic aspects, Brussels, Belgium (City), Europe, Eastern, Brussels, Belgium

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Insolvency's image problem

Article Abstract:

Mark Homan, head of insolvency at Price Waterhouse, will step in as the president of the Society ofPractitioners of Insolvency (SPI) on Apr 2, 1993. One of his objectives in becoming president is to change the way the press portrays insolvency practitioners. He believes that the way to solve this problem is for insolvencypractitioners to develop better relations with the press. He also says that most of the negative perceptions are due to a lack of knowledge. Another objective of Homan is to strengthen SPI's position and ensure that it meets itsmembers' expectations. He also plans to improve practitioners' ability to relate with clients. Homan recommends that companies should remember the lessons they learned during the recession and make the effort to be prepared for changes in either the economy or their market.

Management, Associations, Accountants, Bankruptcy, Homan, Mark

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Cultivating the Commonwealth

Article Abstract:

The UK's Big Six accountancy firms are rapidly expanding into the Commonwealth of Independent States (CIS) despite some problems. The rapid pace of expansion is characterized by the monthly establishment in the CIS of at least one office of a Big Six company. This expansion has been facilitated, despite the recession, the complexity of serving clients in 15 republics, and the barriers of language and culture. Rewards for the investment being poured into the CIS by the Big Six firms, which include Arthur Andersen, Coopers & Lybrand, and KMPG Peat Marwick, are not expected within the decade.

Foreign operations, Economic aspects, Commonwealth of Independent States

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