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Project Management ++
COSTING MANAGER
Tags :
COSTING DEPPT.
Functional Area :
India
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Accounting of revenues costs in Entertainment Ind. 13 May 2010 2,927 views No Comment A common practice amongst media owners is the bundling of space across various products, programmes, channels, publications and portals. This makes the accounting of revenues or costs challenging. The Indian media and entertainment (M E) industry has transformed in the last 15 years. The segments within the industry include TV broadcasting, publishing, radio, new media, filmed entertainment, software production, music and events. Significant differences between Indian GAAP and IFRS, pose both accounting and business challenges . A common practice amongst media owners is the bundling of space across various products/programmes/channels/publications/portals. The accounting of revenues or costs becomes challenging where such space is marketed for a consolidated amount. There is no specific guidance under Indian GAAP or IFRS. Relative fair value However, under IFRS, the practice is to use the...
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The other day I was in a restaurant and saw a sign advertising "Sliders Fridays." From what I gathered, they offered a deep discount on tiny hamburgers, called sliders, on Friday nights. The interesting thing about this discovery is that I own the restaurant and it's the first I knew of it. (Stacey's at Waterford: www.eatatstaceys.com ) I don't just own the restaurant. I also manage it, although I use that term loosely. I've taken the concept of hands-off management to the next level. Most of the time I have no idea what the staff is up to. They organize customer events, execute marketing ideas, hire and fire, change the menu, and pretty much anything else they want. I only get involved if there is a largish expense that needs to be approved. I see the financials daily, by e-mail, but I'm mostly about the bottom line. As a well-known critic of managers, I painted a big red bulls eye on my back when I started managing the restaurant. For the first year I was involved in the details...
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17 Management Funda's1. "We will do it" means "You will do it" 2. "You have done a great job" means "More work to be given to you" 3. "We are working on it" means "We have not yet started WORKING on the Same" 4. "Tomorrow first thing in the morning" means "Its not getting done "At least not tomorrow!" 5. "After discussion we will decide-I am very open to views" means "I have already decided, I will tell you what to do" 6. "There was a slight miscommunication" means "We had actually lied" Office-management-fundas 7. "Lets call a meeting and discuss" means "I have no time now, will talk later" 8. "We can always do it" means "We actually cannot do the same on time" 9. "We are on the right track but there needs to be a slight extension of the deadline" means "The project is screwed up, we cannot deliver on time." 10. "We had slight differences of opinion "means "We had actually fought" 11. "Make a list of the work that you do and let's see how I can help you" means "Anyway you have to...
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Successful Project Managers - Characteristics and Skills What are the Characteristics of Successful Project Manager ? Project Managers interact with different types of people at different level s within the organization and outside the organization. Since their responsibilities include directing and coordinating various resources through out the life cycle of the project, it is important the Project Managers have certain characteristics to ensure project success. There are five main characteristics they are 1. Flexible – Flexibility is required for a PM especially when dealing with new team members who may need specific , firm direction to get started. PM should be able to adopt various styles of leadership (Authorative, Colloborative etc) with various people. 2. Credible – PM should be Trust Worthy , Competent, Dependable and honest. 3. Tolerant – Considering the fact that the Resources, Goals and Objectives are often vague, PM Should be...
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