Are Your Monthly Reports Leading The Business Astray?

I remember hearing the old sayings about performance measurement early on in my career, and thinking they were pretty astute – catchy and encapsulating a profound truth. Things like: “If you don’t measure it, you don’t manage it!” “What gets measured gets done!” And I’ve always taken them to mean something positive – if you…

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Why Business Needs More Boring Accountants

honesty in accounting is what business needs

When I came out of public practice and went to work for a business in their Finance team, I was fairly naïve. I still had a very black and white view – an auditors view – of accounting. And so, some of the practices of the management accountants were a real shock to me. My…

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Need Big Cost Savings in Overheads? For the Sake of the Business, Do it the Right Way!

How to make overhead cost savings safely

What do you do, as a Finance Director or Senior Finance Manager, when the Board suddenly decides that one of their key strategies is an urgent round of cuts to make cost savings in overheads? And I don’t mean the 5% “budget task” or absorbing inflation. I mean what if there’s a downturn in the…

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