This webinar is designed for Heads of FP&A and those that work in the FP&A function, although anyone can join. This is the second installment from a four-part Financial Planning & Analysis Series, in which we will discuss emerging topics and tactics employed by progressive organizations to combat the uncertain economic environment. This webinar will [...]
Read more(Supply & Demand Chain Executive, 4 May 2012) In Brief: Companies can’t expect to improve performance simply by applying Business Intelligence solutions. They must also select the right metrics and integrate them into management processes in a “level-appropriate way,” this consultant says. He offers 11 tips, including: tying metrics to operational capabilities and financial outcomes, [...]
Read moreMore than 50% of the S&P 500 is experiencing cost creep in 2012. That is to say that costs are increasing faster than, or in lockstep with, revenues. As uncertain economic conditions, rising input costs, and lower consumer demand are continuing to place significant strain on corporate margins, it comes as no surprise that CFOs [...]
Read more(CFO, 11 April 2012) In Brief: The global business community has “overwhelmingly positive support” for internal corporate reports that include governance, environmental, and social information, according to a new study by the International Integrated Reporting Council (IIRC). More than 60 companies – more than half of them from Europe – are taking part in a [...]
Read more(The Guardian, 19 March 2012) In Brief: Companies that include governance, environmental, and social information in their reports will have a clearer picture of the risks they face and the opportunities available to them, this writer says. Our View: Sustainable and ethical practices have the potential to deliver positive financial results, so a reporting system [...]
Read more(BusinessFinance, 24 February 2012) In Brief: To streamline financial reporting, companies should adopt a “structured methodology” of Lean or Six Sigma concepts, automated process steps, and best practices, according to this writer. Our View: Many controllers are focused on reducing costs and improving processes for collecting, analyzing, and reporting financial information, particularly as it relates [...]
Read more(Big Fat Finance Blog, 10 February 2012) In Brief: Primitive “Homo Accounticus” accountants have fewer capabilities than their more evolved counterparts, who tend to challenge traditional practices and models. These “higher forms” of accountants are logical and deliberate, and consequently, they produce more reliable reports for decision makers. Our View: One could argue that an [...]
Read more(CFO.com, 17 January 2012) In Brief: Despite a sluggish economy and persistent market volatility, corporate profitability – measured by “aggregate EVA margin (economic profit as a percentage of sales)” – has been at its highest rate in 15 years. However, with margins at their current levels, there is little opportunity for increasing economic profits by [...]
Read more(CFOWorld, 5 January 2012) In Brief: According to a new survey of over 300 companies, XBRL was “somewhat or significantly easier” the second time they went through it. Results also indicated that XBRL had a “limited impact” on filing dates, the market share of built-in and in-house solutions continued to increase significantly, and companies used [...]
Read moreGiven a choice between a million dollars and a penny doubled every day for 30 days, which would you choose? Of course, this is a trick question. A million dollars sounds tempting, but it is better to take the penny: doubled every day for 30 days, it yields over $5 million. The same concept can [...]
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