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Thursday, November 30, 2017

On Monday, Italian football club AC Milan sacked manager Vincenzo Montella. Gennaro Gatusso, manager of AC Milan’s youth team, was named as Manetella’s successor.

Monetella’s team started this season with winning ten out of twelve fixtures in all competitions. However, in fourteen Italian Serie A league matches played so far, Monetella’s men won just six matches, losing six and drawing two matches. Having spent £205 million in the summer transfer window, AC Milan has won just 20 points in Serie A. They are seventh in the league table, and eighteen points behind the league leaders SSC Napoli.

The Milanese club named Gatusso as their new manager. Gatusso played for Milan from 1999 till 2013. As a player, Gatusso has won two Serie A titles and two UEFA Champions League titles with AC Milan. Since 2013, AC Milan has not finished in the top three spots in the league table.

Milan has qualified for this year’s UEFA Europa League’s knockouut phase. Montella’s last match for the Rossoneri ended in a 0–0 draw against Torino FC at home. Milan has not scored in the last four league matches at home.

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Monday, April 25, 2005

Two car-rigged explosions in Baghdad killed 15 and injured nearly 40 people beside a Shiite Ahl al-Bait mosque Sunday. In Tikrit, 140km northeast of Baghdad, 6 were killed and nearly 26 injured in two suicide bombings. A car bomber drove into police assembled in an academy compound and detonated, then a second car bomber attacked a nearby army liaison office 20 minutes later.

In the Baghdad attack, the bombings took place in the western al-Shoulah district in front of an ice cream shop near the mosque. The first blast was followed within minutes by the second blast after witnesses to the first bomb rushed in to help survivors.

The anti-coalition insurgencies Sunday inflicted its heaviest toll since the national elections held January 30.

The violence, aimed mostly at Iraqi security forces and Shiite strongholds, is partly blamed on the struggling National Assembly’s efforts to gain a consensus in forming a new government. The lack of leadership has led to appointments of police and security officials with no consent from the Interior Ministry, and is against the requirement of the law. The lack of authority diminishes Iraqi efforts to put down and pursue rebel forces.

Ahmed Chalabi, now-exiled, but a one time a seeker the Iraqi Prime Minister position himself and also a provider of US intelligence on weapons programs, said “We need a government immediately. The delay in forming a government has encouraged the terrorists.”

By late Sunday, reports indicate Iraqi Prime Minister-designate Ibrahim al-Jaafari was ready to name a cabinet as early as today or Tuesday, but such hopes have gone unfulfilled in the past. Efforts to include candidates in contentious top cabinet posts with Sunni parliamentarians led by the former PM Iyad Allawi may be abandoned to speed filling the positions.

The dominant Shiite United Iraqi Alliance took 146 of the 275 seats in parliament, while the main Kurdish bloc took 77. To many, exclusion of the Sunni representatives in posts such as defense or interior minister, or either oil and finance minister, is untenable when they control 40 parliamentary seats.

Other reports Sunday include:

  • 30 wounded in car-rigged blast at police station in western Baghdad
  • 6 more arrests in last Tuesday’s downing of a Mi-8 helicopter
  • 3 insurgents killed when their bomb accidentally exploded south of Baghdad in Mahawil
  • 1 US soldier killed, 2 US soldiers and 2 civilians wounded in convoy attack in east Baghdad, several other US convoys were attacked Sunday
  • No one hurt in explosion near a US patrol in western Baghdad
  • Mishan al-Juburi, leader of the reconciliation and liberation bloc, survived a booby-trapped car bomb
  • 1 US sailor killed Saturday and announced today, when the Marine convoy he traveled with was attacked by a roadside bomb near Fallujah

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Saturday, September 29, 2007File:Misza 1980.jpg

For the first time after the fall of the iron curtain Russia will host the Olympic Games – in 2014 the Winter Olympics will take place in Sochi, a Black Sea resort town. The games are considered a matter of national prestige and generate more media attention than the recent changes in Russian government (Russia’s Putin recently installed the new prime-minister, who, incidentally, also became the chair of the Russian Olympic committee.)

As Russia takes enormous efforts to prepare for the Olympics and build a modern sport infrastructure from scratch, the Russian public is more concerned with the mascot for the upcoming games. When Moscow hosted the Summer Olympics in the 1980, the mascot for the Moscow Games was Misha the Bear, developed by children’s book illustrator Victor Chizhikov. Misha instantly became a graphic-design hit, especially in the Soviet bloc. Olympic posters were snatched up and t-shirts were fought over. And as Sochi is set to become the new Olympic city, Russians are keen to see the old bear return.

There is a long way to the Sochi Olympics, but the Bear is already coming back from retirement. Russia! magazine, an English-language publication distributed in the US and the UK, has commissioned the most prominent designers and artists to do their own renditions of the famed mascot. “The Olympic Bear turns any Russian between the ages of 25 and 50 to quivering jelly. Our artistic compatriots were happy to whip the old bear into shape for 21st century use” – says Ilya Merenzon, the magazine’s publisher. “And the readers’ response was overwhelming. As soon as the new issue arrived at the stores, we constantly get emails requesting the Bear t-shirts. The animal is regaining his popularity”. – adds Merenzon.

It has not been decided, however, on the Sochi Games mascot. Another option is Cheburashka, a famous Russian cartoon character with big ears and humble smile. Cheburashka was the mascot for the Russian Olympic team in Turin and is one of the best-selling children’s toys in former USSR countries and, surprisingly, Japan, where it is known as “Chebu”.

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Thursday, April 7, 2005

Sony’s recently introduced Playstation Portable has proved popular with curious geeks who discovered various talents hidden within the new handheld video console.

The biggest ‘hack’ so far has been the manipulation of a web browser embedded within the PSP game ‘Wipeout Pure’, which can be easily coaxed into accessing the majority of Internet via a suitable portal. Jonathan Terleski was able to monitor the digital conversation held between his PSP and Sony’s website when the browser in his game ‘Wipeout Pure’ would try to download new software from Sony via the Internet. Using a suitably set up DNS server, Terleski configured his handheld console to access his own custom PSP portal, instead of Sony’s website, and then invited other owners to use his gateway to the web. [1]

From this discovery, Robert Balousek later created a web based IRC interface that allows people to talk to each other and hold conversations in real time via the Internet on their PSP consoles. According to Reuters, his IRC website has to date been used by as many as 100,000 visitors and Balousek now plans to introduce a web based interface to the AOL instant messaging network for PSP users.

Other notable recent ‘hacks’ include reading ebooks and comics and watching pre-recorded television shows, taken from a TiVo, on the Sony PSP.

None of the ‘hacks’ have yet employed writing custom software for the device. So far, most are spin-offs of Jonathon Terleski’s web browser hack. Other hacks, like the ebook reader and television show viewer, are made possible through use of the PSP’s built in tools for viewing video and images. Sony has not yet released an SDK which would allow end-users to write ‘homebrew’ software, therefore hackers are tied to manipulating software included with the PSP or available through the games purchased separately.

Speaking to Wikinews, Jacob Metcalf, who documented the web comic’s hack on his website, explained his motivation: “Web comics are already designed for on-screen reading and they have some of the same audience as people who play games – lots of the most popular web comics are about gamers, like PVP and Penny Arcade.”

He added: “I do wish that [Sony] would come out with an actual web browser like the Dreamcast had. South Korea is going to get a real web browser and I have a feeling in my gut that there is going to be Internet software for the PSP like a web browser and email announced at E3 this year.”

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Wednesday, January 4, 2006

Israeli prime minister Ariel Sharon (born Ariel Sheinerman), 77, has been admitted to Hadassah hospital in Jerusalem, after suffering what doctors said was a “massive” stroke.

According to reports from Hadassah Ein Karem hospital in Jerusalem, the Prime Minister was put under an anesthetic prior to surgery to address a massive cerebral hemorrhage. He has increased intracranial pressure due to the bleeding.

White House press secretary Scott McClellan said in Thursday’s press briefing that its “thoughts and prayers” are with the Prime Minister, and that the White House will “continue to stay in touch with the government of Israel.”

With Sharon in the hospital, control of Israel has now been transferred to his deputy, vice-premier Ehud Olmert.

Dr. Shlomo Mor-Yosef, director of Hadassah Hospital in Jerusalem said that Sharon suffered “a significant stroke” and that he was “under anesthetic and receiving breathing assistance.” Minutes later, Mor-Yosef said that initial tests showed Sharon suffered a cerebral hemorrhage and that he was suffering “massive bleeding and was being transferred to an operating theater.”

After over 6 hours of surgery Sharon received another CT scan which revealed further bleeding. Sharon was returned to the operating room for additional surgery that is expected to last several hours.

According to Wikipedia, “A stroke or cerebrovascular accident (CVA) occurs when the blood supply to a part of the brain is suddenly interrupted” and many news sources are reporting this situation is life threatening.

Last month on December 18th, Sharon suffered a minor stroke and was admitted to the Hadassah Ein Kerem hospital after feeling unwell driving home and having difficulties with his speech. During his treatment, he was found to have a minor hole in his heart and was scheduled for surgery on January 5th. Sharon was treated and released December 20th.

Sharon’s notorious overeating was a significant risk factor for the health complications he has experienced. Prior to his first stroke, he consumed a meal consisting of hamburgers, lamb, kebabs, steak in chimchurri sauce, and salad. Since that stroke Sharon had lost weight, though he had been known to have his security detail smuggle him pita filled with greasy meat during previous efforts.

On January 6th, in a front-page article in Canada’s The Globe and Mail newspaper, Canadian medical experts questioned the anticoagulent that Sharon had been receiving before his massive stroke, noting that the decision to use it may have cost him his life, and that he would have been unlikely to receive that treatment in Canada. They also noted that his prognosis for recovery is extremely poor.

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By Terry Cartwright

Accounting software is a system of recording financial transactions on a computer across a full range of accounting options almost invariably dependent upon the size of business being catered for. Accounting software can vary from multi million pound solutions for major public companies to simple managed lists of income and expenses.

The requirements from accounting software are diverse with the most complex and comprehensive financial accounting packages incorporating financial reporting information and managed by teams of qualified accountants supported by accounts clerks, bookkeepers and substantial input from automated data sources. At the other end of the scale a self employed sole trader might use accounting software themselves and produce a set of financial accounts for the year in an afternoon.

Different accounting standards are required from accounting software dependent upon the fitness for purpose and client needs. Double entry bookkeeping automated through a database system and probably arranged in financial modules would normally be the choice of the majority of public companies. Single entry bookkeeping would not be an acceptable accounting solution for a limited company due to audit requirements and statutory obligations.

Single entry bookkeeping does however have its place in the market place for the smaller less complex businesses who maintain financial control through a close intimate knowledge of every financial transaction. The main objective of a sole trader is more likely to be the production of the tax accounts and complete the periodic and annual tax return forms.

The most sophisticated level of accounting software in the largest companies mirrors the accounting functions in those organisations with various financial modules for accounts receivable, accounts payable, stock control, general ledger and fixed assets. These accounting modules may also be integrated with non accounting functions such as production and dispatch functions and also divided into separate modules within the accounting function.

[youtube]http://www.youtube.com/watch?v=F41-kxHrLYw[/youtube]

In larger companies the sales daybook and data entry of sales turnover would often be the responsibility of one department while the accounts receivable function might be split with a specialist credit control function within that accounting module. A further division may also include sales administration and customer records. Similarly the accounts payable function might be split between the purchasing department, accounts purchase invoice department and a legal function for overdue payments.

Accounting software for smaller companies and organisations is commonly a system of data entry of prime transactions which include sales income, purchase expenses and cash and bank transactions. The prime entry of these documents being to a database which automates the double entry accounting principles and produces both accounts receivable, accounts payable and general ledger databases.

Some accounting knowledge is usually required tom operate a database accounting software system and that financial knowledge is usually available within the company as most companies that use database accounting software also employ a bookkeeper or accounts clerks to input data and in slightly larger small companies also qualified accountants to manage the accounting function.

The need for accounting knowledge in a database system is partially to understand the data entry principles and the relevancy of the rules that need to be followed but essentially understanding of accounting principles is required to understand what is happening ton the information after input. And most important, a qualified accountant has the financial knowledge, training and experience to know what the system should be producing and how to query the database to retrieve that information.

In addition to inputting the prime income and expenditure details the most benefit of a database accounting system is the level of financial control the information it contains can provide the company management and financial directorship. The accounting function also has the security of producing trial balances, periodic profit and loss accounts, balance sheets and other financial and statements for tax and control purposes.

Accounting software packages requiring little or no accounting knowledge are available.

Small limited companies must obtain accounting software based upon double entry accounting principles as in addition to producing a profit and loss account and a trial balance to demonstrate accuracy and integrity of the financial records plus a balance sheet is required for reporting purposes. Accounting standards require the limited company to have a system of financial control and accounting software is an essential tool in achieving this.

Some accounting knowledge either from the management or outsourcing the bookkeeping services is usually required with even the simplest database accounting solutions eve3n if this requires the understanding of what accounts receivable ledgers, accounts payable ledger and control accounts mean.

There are other possibilities and those businesses with a minimum of accounting knowledge can consider spreadsheet based accounting software. Accounting software compiled from spreadsheets is less flexible and often does not have the range of options a database system has due to the lack of database queries available. These disadvantages of flexibility being compensated by the fact that all entries are visible, transparent and changes can be made more easily.

Financially at the sole trader and self employed end of the business spectrum then the requirements from accounting software may be completely different. Gone are the sophistications of control accounts, trial balances and many aspects of financial control. The most important aspect of self employed accounting software is often to produce a set of accounts for tax purposes.

Self employed small business that do not require a balance sheet can use accounting software based upon single entry bookkeeping rather than double entry and with the reduced requirement for financial control then less financial queries to the system are required. In these respects the simpler an accounting solution the better and in this market an accounting solution written on spreadsheets that can produce the net taxable profit would meet the requirements.

About the Author: Terry Cartwright designs Payroll and Accounting Software

diyaccounting.co.uk

with UK payroll software for 1 to 20 employees at

diyaccounting.co.uk/payroll.htm

Source:

isnare.com

Permanent Link:

isnare.com/?aid=216233&ca=Business+Management

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Monday, September 12, 2005

The Federal Emergency Management Agency (FEMA) is being criticized for misallocation of personnel in the wake of Hurricane Katrina. FEMA representatives said they requested volunteers from fire departments around the U.S., to handle its community relations campaign. However, a document FEMA sent to local fire departments asked for firefighters with very specific skills and who were capable of working in “austere conditions”. Fire departments around the nation responded by sending crews to the FEMA staging ground in Atlanta. Some of these crews were unaware that they were only going to be used for public relations work. Others, however, merely hoped that FEMA would allocate them to rescue and damage control operations once it saw their qualifications.

The firefighter’s objections are particularly poignant as one of FEMA public relations training seminars coincided with New Orleans Mayor Ray Nagin plea for firefighters on national television, to relieve his own exhausted crews. It is unclear if FEMA’s request for firefighters prevented any municipalities from responding to Mayor Nagin’s request.

Some firefighters have objected to their use as FEMA public relations officers because their municipalities must bear the cost of their salaries, as well as endure reduced firefighting capacity. FEMA has stated that it sought to use firefighters to avoid background checks required of federal employees.

Firefighters began receiving their assignments Monday, September 5th. Among these was a crew of 50 assigned to tour the devastated areas with President Bush and the press.

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Saturday, May 9, 2009

The five largest United States banks need a total of US$74.6 billion in extra funds to increase their cash reserves, according to so-called “stress tests” conducted by regulators to determine whether the banks have enough capital to survive the ongoing recession.

“Our hope with today’s actions is that banks are going to be able to get back to the business of banking,” said Timothy Geithner, the US Treasury Secretary.

The results of the stress-test determined that Bank of America was the bank most at risk, needing $33.9 billion. Wells Fargo will require an additional $13.7 billion, while GMAC needs $11.5 billion.

Seven other banks failed the “stress test”, including: Citigroup, Morgan Stanley, Regions Financial, SunTrust Banks, KeyCorp, Fifth Third Bancorp, and PNC Financial Services.

Nine other banks that underwent stress tests, such as Goldman Sachs, JPMorgan Chase, Bank of New York Mellon, MetLife, American Express, State Street, BB&T, US Bancorp and Capital One Financial, were found to have enough capital in case the recession deepens.

Those banks that need extra money will be set a June 8 deadline to draw up their plans to raise the additional capital and have regulators approve them.