Internal controls are designed to protect a company from loss or misuse of its assets. Internal controls also ensure that all transactions are properly authorized and that the information contained in financial reports are reliable.
I received my security device just yesterday. I tested the device at online@hsbc and so far it seems to be working, except for some returned error by the website.
The device and the procedure to be employed by HSBC to secure the access of customers over their accounts at HSBC over the internet, to me, is innovative. This will definitely put HSBC Continue reading →
That is the news, ok. According to money.inquirer.net, the San Miguel group changed auditors from SGV & Co. to Laya Mananghaya & Co. Starting 2006, Laya Mananghaya (KPMG) will be auditing SMC. SGV was the appointed auditor since 1997.
Inq7 offered to report the following reasons for the change in auditor:
Inq7 reports today that Lipa Archbishop Ramon Arguelles has urged Philippine film censors to ban in local theaters the Hollywood film “The Da Vinci Code,” dismissing it as blasphemous.My question is, did they make the same move to ban the distribution in the country of the very source of the movie, i.e., the book itself?
January 28, 2006 – I bought a Nokia 6230i at Novacell Telecom Corp. in Robinson’s Place in Malate, as a replacement for my old Nokia 5210. The phone cost P16,000 cash.
Just two days ago, May 3, 2006, I checked for the same phone at KingCom in Makati Cinema Square and guess what, they were already selling it at only P13,138. Just couldn’t believe my eyes when I saw the price, I asked around the stalls selling those phones for even cheaper prices (with warranty periods ranging from none to only one month, of course, you know what I mean), and they were selling it for as low as P11,800. Continue reading →
An article in The Manila Times states that he once appeared in a TV commercial for a popular brand as a “gifted child,” (Promil Kid, I suppose). And now, Wesley So has proved his genius by becoming the youngest member of the national men’s team to the 37th Chess Olympiad from May 19 to June 5, 2006 in Turin, Italy.
So is currently a FIDE master at an age of 12 years. The Chess Olympiad is a six-man team representing each country against other countries. In a Kibitzer’s corner in one of So’s games in chessgames.com, the young So conducted a 20-board Simul play in Meralco last March 13, 2006. The 12-year-old wiz kid scored 19.5 in 20 games against 20 opponents whose accumulated age could be over 500 years.