A Key Task for Finance – Measuring and Managing Customer Profitability
The only value a company will ever create for its shareholders and owners is the value that comes from its customers – current ones and new ones acquired in the future.
Practical Budgeting Advice: Put Your Money Where Your Strategy Is
The budgeting cycle for 2017 is fast-approaching. What types of goals will your organization have for 2017? Revenue growth? Cost reduction? Both?
Management Accounting – Helping Accountants Grow the Beans
Managers are increasingly shifting from reacting to after-the-fact reported outcomes to anticipating the future with predictive analysis and proactively making adjustments with better decisions.
Accounting – The Darkest Time is Just Before Dawn
I will substantially oversimplify the history of accounting mainly for the purpose to provide perspective for the new era that is now emerging.