Saturday 28 September 2013

Tax havens: excellence or fragility for corporations

Tax havens: where they are?




There is no precise definition on tax havens. The OECD (Organisation of Economic Co-operation and Development) initially defined the folowing features of tax havens:

  • no or low tax;
  • lack of effective exchange of information;
  • lack of transparency;
  • no requirement of substantial activity.


Friday 27 September 2013

European vector for Ukraine - The Diplomatic Insight

Hello to everyone,

today my first article about Ukraine, its history and European vector was published by the Pakistany magazine "The Diplomatic Insight".


Muhammad Asif Noor, the Chief Editor of the magazine, has decided to publish Special issue of The Diplomatic Insight on Ukraine. This issue was devoted to celebration of 22nd of Independence of Ukraine.
I highly appreciate this offer to write about Ukraine. Hope you like my article))


Follow the link above and you can find my article in the pages 9-10. I use Adobe Flash Player to read it.

For someone who could not read my article in The Diplomatic Insight I post this text below.

Friday 16 August 2013

ACCA Advanced Diploma in Accounting and Business

Advanced diploma in accounting and business

If you decide to complete the ACCA Qualification, you will be awarded the Advanced Diploma in Accounting and Business on your way to completing ACCA Qualification.

What's involved?

You will need to register for the ACCA Qualification. When you have completed the Fundamentals level exams (F1-F9) and also the Professional Ethics module, you will be awarded the Advanced Diploma in Accounting and Business. You can progress to the Professional level to continue your ACCA Qualification.

How long will it take to complete?

It's up to you, but please note there is a 10-year time limit to complete the exams when gaining the ACCA Qualification. You can sit exams in June and December at one of 380 exam centres around the world. You can complete Foundations in Professionalism before or after the exams. So you could complete this Diploma in 12 to 18 months.

How can you get your certificate?

Tuesday 2 July 2013

The 50 most common questions for job interview

One my friend usually tells me you need to go to a job interview to become more confident. Thus, you gain valuable experience of communications with HR specialists. It helps you to obtain the dream job in the future.



Some of the employers like to pose unusual interview job questions. They explain the reason for doing it that they need to select the creative workers to boost the company's development. Nevertheless, the most job interview questions are common and we need to be prepared well for them.

Forbes finds the 50 most common interview questions. It is a great list to practice and to prepare for your job interview.

  1. What are your strengths?
  2. What are your weaknesses?
  3. Why are you interested in working for [insert company name here]?
  4. Where do you see yourself in 5 years? 10 years?
  5. Why do you want to leave your current company?
  6. Why was there a gap in your employment between [insert date] and [insert date]?
  7. What can you offer us that someone else can not?
  8. What are three things your former manager would like you to improve on?
  9. Are you willing to relocate?
  10. Are you willing to travel?

Friday 28 June 2013

ACCA procedure of claiming your Practical Experience Requirements (PER)

To become an ACCA member and to call yourself a qualified accountant you need to complete practical experience. You should prove that you are able to apply in the work place the knowledge which has learned in your exams. It helps to demonstrate your potential employer that you have practical skills, not only knowledge and ethical behaviour.

You can gain your PER before, during or after completing your exams. It would be great advantage if you complete your PER at the same time with your exams as it reinforces what you learn for the exams.

What is PER?


PER is a guidance for you which includes 36 months practical experience and 13 performance objectives (POs) requirements. POs are closely linked to the exams syllabus. It would be a benefit to coordinate your study and achieving POs to gain the most from both.

What is the relevant experience?


Tuesday 25 June 2013

How to introduce yourself - ACCA's PO # 5 Communicate effectively

ACCA's performance objective #5 states that we need to communicate clearly in order to work effectively with others.

Every new communication with people starts with the introductory speech or writing the speech introducing yourself.

First impression makes a significant impact on how others perceive you. Be careful with the words introducing yourself. The information can either uphold or harm your credibility.

There are some suggestions I have collected about good introductory speech:

Your name

State your name clearly at the beginning. Name is important for many people. They will think about your name in their mind during your speech, if you do not start with that.

Say your first and last name with any titles you usually use.

Details about your current life

Tell people where you are at your life.

Wednesday 19 June 2013

Five myths about ACCA's Performance Objectives

Many ACCA students focus on their exams progress. In the same time, the employers are keen on their knowledge gained from exams, ethical behaviour and practical experience.

Thus, do not forget about your Ethics module and PER. It makes your value as a professional higher and your chances to get an attractive job offer increase significantly.

ACCA analysed the students' contacts via ACCA Connect and found five myths about Practical Experience Requirements (PER).

Myth #1 "All I need to achieve a PO is to tick right box"

There are three challenge questions for any PO and no any prescribed right or wrong answer. You should describe your own situation (up to 500 words), then your experience gained (up to 500 words) and possible impact if you had not behaved ethically in this situation (up to 500 words).

Myth #2 "I don't need to prove experience - once, I've passed exams, I am ACCA member"

Exams are only part of the story. You need to apply the knowledge gained from exams in the workplace. Exams, ethics and experience are all needed for ACCA membership.