A MATCH MADE IN HEAVEN – FP&A AND RPA
The mission of the Financial Planning and Analysis function (FP&A) is providing insight into a company’s future financial performance. One of the keys to success for FP&A is building strong,…
Read more »NEW LEASE ACCOUNTING STANDARDS CURFEW DECEMBER 31… DO YOU KNOW WHERE YOUR BALANCE SHEET IS?
Lease accounting to comply with new Accounting Standards Update (ASU) under FASB 842(US) and IFRS 16(European) is about to change in fundamental ways not seen in decades. First to be…
Read more »LEADERSHIP
As we come to the end of another hectic year I want to pause and reflect on a conversation I have regularly with clients that has little to do with…
Read more »IMPROVING FINANCIAL REPORTING TO THE BOARD: IS YOUR BOARD BORED?
At a next board meeting, study the behaviors of the directors when they listen to the CFO as he or she reports on the financials for the company. Are eyes…
Read more »HOW COST SEGREGATION CAN IMPROVE ROI ON YOUR HEALTHCARE FACILITY
Owners/operators of healthcare facilities (laboratories, physician offices, assisted living and long-term care facilities) must continually be adding new or improving existing facilities to keep up with growth, changing technologies and patient needs….
Read more »ACCOUNTING FOR FOREIGN CURRENCY: WILL YOU GET LOST IN TRANSLATION?
Introduction Figures from the World Trade Organization show that since the 1980’s global trade has more than quadrupled in volume and has grown with an average of almost 5% per…
Read more »I ALREADY HAVE AN ACCOUNTING TEAM. WHY DO I NEED FINANCIAL PLANNING & ANALYSIS (FP&A)?
One of the top priorities of a growing company is to build a finance team that can scale with its business. Given the critical importance of accurately recording and reporting…
Read more »THE FAMILY BANK
Three years ago I helped a business owner rescue his succession plan from imminent failure. We restructured the plan to both enable him to withdraw from the business (with enough…
Read more »CONSULTING CFOS: THE POWER OF AFFILIATION
Serving as a trusted consultant financial professional is a deeply rewarding career. Working with a client is a special relationship built on trust, both for the value of work and…
Read more »IS THE ANNUAL BUDGET A COLOSSAL WASTE OF TIME?
In today’s world, it’s rare to find a topic that generates agreement across a broad cross-section of people, but it’s a reasonably safe bet that most finance and non-finance people…
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