William asks…
Are these operating or non operating activities ?
Long term deposits and prepayments
Share of (loss) / prot of joint venture, net of prot of associate
Finance cost
Equity accounted investments
kenspong answers:
Operating = prepayments,
Non operating = Long term deposits, finance cost
The other things mentioned are not items that could be straightforward classified as operating or non operating i.e. Profit in itself is not operating or non operating, profit is broken down and analysed, “operating profit” is generally profits generated before financing costs and company taxation, then non operating revenues are applied to achieve the final profit. Equity accounted investments is a term to describe where a subsidiary company’s financial results are included in group accounts as a one line entry, rather than a proportional consolidation of the income statement and balance sheet.
James asks…
help me with translation?
I can understand what this sentence mean:
1 to scramble to paper over cabinet rift
2 a non-interest bearing account
3 overriding say
4 joint venture
5 heavy-lift
6 to face off over
7 high wage structure
kenspong answers:
1. Rushing around trying to stop differences of opinions within the Government becoming public knowledge
2. Money invested wherever does not pay interest.
3.A person in charge makes the decisions, no matter what anyone else says.
4. A partnership between more than one parties( people,Government departments, Companies).
5. No idea.
6. No idea.
7. A Company/Department where the employees are highly (Possibly over) paid.
Donna asks…
Why would Dr.Kanecki be Denied on the ISAC Congress/Purdue Cytometry Mail List & with this Resume?
DR. DAVID KANECKI
> P.O. Box 866 ? Kenosha, WI 53141 ? da…@kanecki.com
> BS, Biological Science (Pre-Med) ? University of Wisconsin
> Certificate, Flow Cytometry ? Becton Dickinson
> Certificate, Cellular Biology and Immunology / National Flow Cytometry
> Resource ? Los Alamos National Laboratory
FACS (Fluorescent Activated Cell Sorter) Laboratory. [Milwaukee
> Medical Research Park]
> EXECUTIVE PROFILE
> CEO ? COO
> Dynamic and accomplished leader with a track history of exceptional
> success in the medical, software, and emergency management arenas.
> Outstanding business communications strategist with expertise in
> negotiating and developing profitable partnerships / coalitions and
> securing new business funding / R&D financing from private and federal
> investors worldwide. Visionary organizational leader, adept at
> change / operations / project management, product and business
> development, and manufacturing oversight. World-class professional
> with extensive experience collaborating with government, regulatory,
> medical, and multi-national organizations.
> Selected Highlights
> * Negotiated multi-million-dollar discount contracts with various
> biomedical companies.
> * Broke 24-year standoff by achieving coalition with Russia Emergency
> Management in 1995 as Chairman of Emergency Management and Planning.
> [Society for Computer Simulation]
> * Successfully managed a $2M per year project to rebuild and recertify
> FACS (Fluorescent Activated Cell Sorter) Laboratory. [Milwaukee
> Medical Research Park]
> * Forged a long-term software joint venture with a European Union
> Medical Company (similar to GE Medical) worth a projected $121M.
> [Nucletron]
> * Negotiated a pending software Joint Venture with a US company worth
> a potential of $41M over 18 years. [Kanecki Associates, Inc.]
> * Secured $8M in long-term research contracts within one year.
> [Milwaukee Medical Research Park]
> * Produced a software portfolio worth $281M (2006) with first five
> being marketed.– [Kanecki Associates]
> * Generated multi-millions in funding for organization by applying
> improved practices, and enhanced quality, and results orientation.
> [Society for Computer Simulation]
> * Drove a potential $162M in joint venture sales with a five-member
> team. [Kanecki Associates, Inc.]
> Areas of Expertise
> Medical Research Human Relations Marketing
> Accounting / Finance Operations Management Organizational Behavior
> Business Communications Business Legal Operations Statistics /
> Research Methods
> PROFESSIONAL SUMMARY
> KANECKI ASSOCIATES, INC.
> Provider and developer of security, medical, and government products
> and services (primarily software)
> President 1993 to Present
> * Drove a potential $162M in joint venture sales with a five-member
> team
> * Effectively liaised with both domestic and European Union companies
> to cooperate on joint ventures.
> * Steered communications with FDA and EU to gain approval of medical
> analysis product.
> * Developed, managed, and delivered multiple products and services to
> develop new business opportunities.
> SOCIETY FOR COMPUTER SIMULATION | SIMULATION COUNCIL, INC.
> Provider of professional and consulting services to multinational
> government and military organizations and agencies, including FEMA,
> DOD, Navy, Air Force, and Army
> Chairman | AVP of Emergency Management 1992 to 1999
> * Broke 24-year standoff by achieving coalition with Russia Emergency
> Management in 1995.
> * Devised and implemented multinational cooperative activities to
> share and implement new ideas and strategies; result: improved
> operations and practices for the United States, European Emergency
> Management, and others from the EU, Russia, South Korea, Japan,
> Canada, United State, Finland, and China.
> * Initiated and developed liaison with the President G.H.W. Bush and
> President Clinton Administrations regarding Natural Emergency
> Management and Non Natural Emergency Management (including terrorism
> and Presidential Directive 63).
> * Improved the operations of Emergency Management and Planning. How
> did you do it?
> MILWAUKEE MEDICAL RESEARCH PARK
> Provider of medical services and research with focus on patient
> application products
> Researcher 1989 to 1993
> * Negotiated multi-million-dollar discount contracts with various
> biomedical companies.
> * Successfully managed a $2M / year project to rebuild and recertified
> FACS (Fluorescent Activated Cell Sorter) Laboratory.
> * Secured $8M in long-term research contracts within one year.
> * Effectively created coalitions with Executive Board to develop and
> formulate strategies to create optimal laboratory conditions.
> * Provided military medical laboratory support during Operations
> “Desert Shield”
http://advenet.com/flowcytometry/blog/archive/2008/09/09/isac-congress-purdue-cytometry-mail-list-overdue-for-congressional-investigation.aspx?CommentPosted=true#commentmessage
kenspong answers:
It’s a case of “who you know” & not what ya know..
Ken asks…
Why would purdue not allow Dr. David Kanecki on the High Content Screening list with this resume?
DR. DAVID KANECKI
> P.O. Box 866 ? Kenosha, WI 53141 ? 262.327-2605 ? da…@kanecki.com
> EXECUTIVE PROFILE
> CEO ? COO
> Dynamic and accomplished leader with a track history of exceptional
> success in the medical, software, and emergency management arenas.
> Outstanding business communications strategist with expertise in
> negotiating and developing profitable partnerships / coalitions and
> securing new business funding / R&D financing from private and federal
> investors worldwide. Visionary organizational leader, adept at
> change / operations / project management, product and business
> development, and manufacturing oversight. World-class professional
> with extensive experience collaborating with government, regulatory,
> medical, and multi-national organizations.
> Selected Highlights
> * Negotiated multi-million-dollar discount contracts with various
> biomedical companies.
> * Broke 24-year standoff by achieving coalition with Russia Emergency
> Management in 1995 as Chairman of Emergency Management and Planning.
> [Society for Computer Simulation]
> * Successfully managed a $2M per year project to rebuild and recertify
> FACS (Fluorescent Activated Cell Sorter) Laboratory. [Milwaukee
> Medical Research Park]
> * Forged a long-term software joint venture with a European Union
> Medical Company (similar to GE Medical) worth a projected $121M.
> [Nucletron]
> * Negotiated a pending software Joint Venture with a US company worth
> a potential of $41M over 18 years. [Kanecki Associates, Inc.]
> * Secured $8M in long-term research contracts within one year.
> [Milwaukee Medical Research Park]
> * Produced a software portfolio worth $281M (2006) with first five
> being marketed.– [Kanecki Associates]
> * Generated multi-millions in funding for organization by applying
> improved practices, and enhanced quality, and results orientation.
> [Society for Computer Simulation]
> * Drove a potential $162M in joint venture sales with a five-member
> team. [Kanecki Associates, Inc.]
> Areas of Expertise
> Medical Research Human Relations Marketing
> Accounting / Finance Operations Management Organizational Behavior
> Business Communications Business Legal Operations Statistics /
> Research Methods
> PROFESSIONAL SUMMARY
> KANECKI ASSOCIATES, INC.
> Provider and developer of security, medical, and government products
> and services (primarily software)
> President 1993 to Present
> * Drove a potential $162M in joint venture sales with a five-member
> team
> * Effectively liaised with both domestic and European Union companies
> to cooperate on joint ventures.
> * Steered communications with FDA and EU to gain approval of medical
> analysis product.
> * Developed, managed, and delivered multiple products and services to
> develop new business opportunities.
> SOCIETY FOR COMPUTER SIMULATION | SIMULATION COUNCIL, INC.
> Provider of professional and consulting services to multinational
> government and military organizations and agencies, including FEMA,
> DOD, Navy, Air Force, and Army
> Chairman | AVP of Emergency Management 1992 to 1999
> * Broke 24-year standoff by achieving coalition with Russia Emergency
> Management in 1995.
> * Devised and implemented multinational cooperative activities to
> share and implement new ideas and strategies; result: improved
> operations and practices for the United States, European Emergency
> Management, and others from the EU, Russia, South Korea, Japan,
> Canada, United State, Finland, and China.
> * Initiated and developed liaison with the President G.H.W. Bush and
> President Clinton Administrations regarding Natural Emergency
> Management and Non Natural Emergency Management (including terrorism
> and Presidential Directive 63).
> * Improved the operations of Emergency Management and Planning. How
> did you do it?
> MILWAUKEE MEDICAL RESEARCH PARK
> Provider of medical services and research with focus on patient
> application products
> Researcher 1989 to 1993
> * Negotiated multi-million-dollar discount contracts with various
> biomedical companies.
> * Successfully managed a $2M / year project to rebuild and recertified
> FACS (Fluorescent Activated Cell Sorter) Laboratory.
> * Secured $8M in long-term research contracts within one year.
> * Effectively created coalitions with Executive Board to develop and
> formulate strategies to create optimal laboratory conditions.
> * Provided military medical laboratory support during Operations
> “Desert Shield” and “Desert Storm,”
> * Directed project that created a 10-mile WAN link between two
> research sites to facilitate communication of research information.
> EDUCATION & PROFESSIONAL DEVELOPMENT
> Hon.PhD Intelligent Thinking Systems
> BS, Applied Computer Science ? University of Wisconsin, Parkside
> BS, Biological Science (Pre-Med) ? University of Wisconsin
> Certificate, Flow Cytometry ? Becton Dickinson
> Certificate, Cellular Biology and Immunology / National Flow Cytometry
> Resource ? Los Alamos National Laboratory
> MBA, Masters of Business Administration ? University of Phoenix
> Not on the PURDUE CYTOMETRY MAIL LIST
> APPLIED FOR THE PURDUE CYTOMETRY HIGH CONTENT SCREENING
> BUY NO REPLY AT ALL.
> HMMMM
> MISTER?
> YACH YORSCH?
> ZWIE TACH PRAVDA?
> HNEITZ SCAMMERS!
> Purdue Cytometry Mail List Rules and Regulations did they BREAK
> the …
> Using Purdue University mailing lists for organized political
> activity … DOES IT SAY TO NOTIFY CORPORATIONS THAT THEIR EMAIL IS
> JUNK MAIL FOR. NO REASON? …
kenspong answers:
Because more qualified candidates applied.
Because a University of Phoenix degree isn’t very valuable to the academic world. A university of Purdue’s caliber would want to hire someone with adequate education.
Because he included an honorary doctorate as though it’s relevant to anything. (Hint: An honorary doctorate does not imply anything about a person’s abilities.)
Richard asks…
India Specific – Recommend bank a/c for startup?
I am starting a small business venture and would like for recommendations as to which bank I should open an a/c with.
also what kind of account should i go with ? current ?
Since we will hardly be breaking even the first year would like to work with a bank with minimum running costs.
also is it possible to open a joint account where it is mandatory for both parties to sign a draft before it is payable ?
kenspong answers:
Hi!!
If for the employees, you go for a Salary account and of all the accounts UTI and ICICI have good offers , you might want to talk to them befor yoy go ahead.
Yes, it is possible, with salary accounts, or for that matter any account.
Http://www.banknetindia.com/banking/bopacc.htm
Hope it helped!!
Geeta
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