By Ian Bennett FCA The best approach to budget modelling is choosing a good model design in the first place. Named ranges, on the other hand, are less simple to manage, but may be worth the effort. Whether you’re going through your annual budgeting process, or developing strategic plans for your client’s budgeting, there are… Read More Top modelling tips for budgeting and planning
By Deborah Tarrant Business forecasting, planning and budget setting are evolving rapidly in changing world and it’s hard to keep pace. Finance leaders who are meeting these challenges in established, turnaround and start-up phases, share their secrets on how they make budget. As accounting and finance professionals return to work after the summer holidays, their… Read More Moving target
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 Ken Tysiac and Jack Hagel Finance professionals are taking on strategic duties in addition to traditional reporting and compliance roles, and they’re becoming more influential in their organisations. But they still have an opportunity to make significant improvements, particularly when it comes to the use of forecasts. “[The] increasing speed and complexity of business… Read More How To Better Connect – and Communicate – Planning, Forecasting and Budgeting
By Tamar Satov China’s wealthiest getting richer the number of billionaires in China has tripled in the past five years, according to the Hurun Report’s China Rich List 2013. It counts 315 billionaires — including real estate tycoon Wang Jianlin (above) with a chart-topping US$22 billion — among the country’s 1,000 wealthiest individuals, compared with 101 billionaires in… Read More Financial News and Advice from CPA Canada