‘Editor’s note – October 2012’

The world is becoming increasingly volatile. The financial crisis, the eurozone meltdown and the ever-faster response of global markets to events has created a combustible mix.

Therefore, board directors are having to comprehend the degree of risk attached to strategic decisions that they make.

Management accountants have to understand the increasingly complex set of responses that are taking place at the top of their organisations, which we discuss in this issue’s lead feature.

Two major global issues that will continue to impact on corporates are also addressed this month. Jonathan Russell, assistant city editor of The Daily Telegraph, explains why the omnipresent threat of money-laundering will continue to challenge companies as well as banks.

We also consider in our second feature the prospect for carbon taxes as emissions trading becomes a reality in many parts of the world.

Lastly, in an interview with Aongus Hegarty, the president of Europe, Middle East and Africa for technology giant Dell, we hear how the group is successfully meeting the challenge of growing the business in the region.



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