Posts Tagged ‘management accounting’

Are You Measuring the Right Things?

In business there seems to be an unlimited number of things to measure. But the question is, are you measuring the right things? Read the rest of this entry »

Share

Financial Literacy for Business Owners

If you are a business owner you may already be financially literate, but just how strong is that literacy? Even if you are there are likely some things your CFO, Controller, or in-house accountant can do to improve your understanding of your financial situation. On the other hand if you aren’t financially literate then these same people should be helping you to become so. Read the rest of this entry »

Share

Accounting is More Than Theory

Some business owners think accounting is boring and they may be right, but then again maybe not. What does that mean? Read the rest of this entry »

Share

The Latest is Not Always the Greatest

We live in a time of constant change. As a result of this and effective marketing, some companies get people to buy things they don’t really need. What do I mean by that? Read the rest of this entry »

Share

Financial Details Can Mask the Big Picture

Do you sometimes find yourself bogged down in the financial details of your business? If so you may be missing some important insights. By insights I mean seeing and comprehending the true essence of something. When it comes to the financial aspects of your business the financial details can mask the big picture if you get caught up in them. Read the rest of this entry »

Share

The Details Matter in Business

How well do you know the details of your business’s expenses? Just as in your personal life, the details matter in business. Read the rest of this entry »

Share

Every Business Needs Accounting Done Right

Whether you’re a sole proprietor or a multi-employee small company, every business needs accounting done right. In the article Does a Part-time CFO Makes Sense? I touched on this issue, but let’s look a little deeper. Read the rest of this entry »

Share

Return on Equity

I’ve wondered how many companies calculate their return on equity. It’s a revealing statistic of just how well the owners’ investment is performing. Read the rest of this entry »

Share

Where is the Cash?

Occasionally when I’ve first started with a new client I find myself wondering “where is the cash?” This is especially true when they are fairly profitable.

It’s There, But Where?

Unless there is theft, the cash is there somewhere. Unfortunately I’ve also seen situations Read the rest of this entry »

Share

Avoiding Obsolete Inventory

Why do so many companies have difficulty disposing of slow-moving inventory? Inaction can be costly.

If It’s Not Selling

I’ve worked for or consulted for a few companies that seemed to struggle greatly with inventory control. Frequently they simply hated to acknowledge that certain items were not selling. Interestingly these same companies Read the rest of this entry »

Share

Enter your email address:

Delivered by FeedBurner