We all know we should check that our balance sheets actually balance. This technique cuts down the workload by shouting out when there’s a figure we need to look into more closely. IAN BENNETT FCA leads PwC Australia’s deals modelling team and has morethan 17 years’ experience as a professional financial modeller. In the past… Read More Embed error checks in the design
Br Ian Bennett FCA Templates can save time and be very useful, but only if they are developed correctly. Check out some expert tips here. We’ve all done something difficult once and found it a useful experience, but one we wouldn’t want to repeat. In financial modelling, this might push us to develop a template… Read More How to supercharge finance model templates
By David Trahair Thomas J. Stanley and William D. Danko explain how rich people get rich in The Millionaire Next Door. Most people dream of becoming millionaires. They want to live the life of luxury — vacationing on the French Riviera, driving a Lamborghini, wearing the latest Italian designer suits and drinking 50-year-old Chivas Regal.… Read More How Do People Get Rich?
By Deanne Gage Want to improve the bottom line without affecting cash flow? Corporate barter is becoming an increasingly popular solution among Canadian companies. Hubert Wat (above), vice-president of global marketing at Canadian tour operator Rocky Mountaineer in Vancouver, is always looking for ingenious ways to stretch his advertising dollars. In 2014, he really hit… Read More The Importance of Corporate Barter
By George W. Russell New trends and the recent development of proposed global principles have pushed management accounting into the spotlight. George W. Russell looks at the evolution in the field and its practice in Hong Kong and China. Gary Biddle, Professor and Chair of Accounting at the University of Hong Kong and a co-opted… Read More The Importance of Management Accounting for Professional Accountants in Business
By Chris Baysden Large publicly listed companies continue to eliminate the COO position, a development that has important implications for the responsibilities and career paths of CFOs. Just 35% of Fortune 500 and S&P 500 companies employed a COO last year, according to executive search firm Crist|Kolder Associates’ Volatility Report 2013. That was down from 39% in 2012… Read More Study Shows Ambitious Finance Execs Need to Network, Broaden Skillset