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 »MANAGEMENT MINDFULNESS: NEW WAYS TO UNDERSTAND THE PEOPLE WE MANAGE
I find it interesting when management work is often referred to as either the hard science or the soft science. The hard science refers to deliverables, tasks,goals, and plans while…
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 »HEALTH SCIENCE, ANGELS AND EARTHLY TALENT
Among the thrills I experience in working in the health science industry are the amazing changes that happen. One of those is happening now. Let’s call it “angels on a…
Read more »DON’T GET MARRIED AFTER THE FIRST INTERVIEW DATE: HOW ASSESSMENTS HELP YOU MAKE WISE CHOICES
Hiring has significant consequences for any organization. If you make the right choice, performance improves, capability deepens and teams mature. If you make the wrong choice, morale and performance drops…
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…
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