Sunset over Phnom Bakheng

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I love travelling and as I have said before, when I backpacked around the world in 2003/04 , the temples of Siem Reap were a real highlight. Over the next couple of days I will post you some of the photos that I have been lucky enough to take coming back a second time. There were a lot more tourists at this particular temple than last time but when you see the pictures you will see why. This shows off what a beautiful city Siem Reap is. Read the rest of this entry »

Forecasting … Check…. Budget for 2011 …. Check

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Today has been another day of number , statistics and looking into a crystal ball trying to predict what will happen in 2011.

Rachel did really well with yesterdays homework and managed to compile the data in regards rooms revenues and occupancies for the past two years. She then pet those figures into a spreadsheet that we gave her, to work out Average Room Rate and then allow us to discuss a Budget for the rest of the year. Read the rest of this entry »

Ahhhh Figures and Budgets and Steve Cooking Cambodian Style

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Hey Guys

Hope you are all well where ever you may be. I am currently sitting on the lovely balcony at Rosy’s Guesthouse overlooking Royal Palace gardens and watching the Siem Reap “rush hour”.

This morning started with budgeting! Ahhhhh i hear you cry and yes it is not much fun staring at Excel spreadsheets for hours. Rachel and I worked through the figures that the Guesthouse had historically recorded and how we can use them, and the accounts skills from yesterday, to help create a helpful budget for the guys at Rosys to plan their business for the next year. Read the rest of this entry »

Numbers and Tweets and a market at dusk

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Well Hello all and here is the latest update on the ISTC Skills Exchange (in case you haven’t seen the exchange blog check it out here ).

Today was accounting day … and before I hear you all boo…. there was not an accountant in sight. Rachel and I sat down for run through of their figures, rate strategy and also procedures. Read the rest of this entry »

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