Tag Archives: accounting

Hacking the CFO Profile

In my professional network, I know about a dozen CFOs, and as my ambitions after my MBA also go into that direction, I thought it would be a good idea to have a good look at their CVs. And…what better place … Continue reading

Posted in Finance for Curious Managers | Tagged , , , , , | 2 Comments

5 pitfalls of outsourcing financial tasks

More and more, outsourcing financial tasks is becoming standard among companies. It allows for cost savings and FTE reductions. Sourcing from experienced service providers often increases the quality of work, helps complying with international accounting standards and focuses the company on its core … Continue reading

Posted in Finance for Curious Managers | Tagged , , , , , , , , | 1 Comment

Corporate treasurer: the real job description

Recently I got a question about the function of a treasurer. So let’s take 5 minutes to have a closer look at the typical task list of this financial officer. The main task of a treasurer will be to manage … Continue reading

Posted in Finance for Curious Managers | Tagged , , , , , , , | Leave a comment

Business valuation – theory vs practice

Lately the writer of this blog has been asked to value a number of businesses. The parties I did it for were interested in a correct valuation of the shares, and I decided to use the Discounted Future Cash Flow method as these … Continue reading

Posted in Finance for Curious Managers | Tagged , , , , , , , | Leave a comment

The difference between a Business Controller and a Financial Controller (and their typical job description)

Hi, Recently I have seen some discussion about the definition of two roles: that of a Business Controller (BC) and Financial Controller (FC). In most Western European companies, both roles coexist and there is little misunderstanding what they do. What I … Continue reading

Posted in Finance for Curious Managers, Thoughts for Curious Managers | Tagged , , , , , , , , , , | 54 Comments

How to read any Cash Flow statement

As a follow-up to my popular post ‘How to read any P&L statement’, I decided to write ‘How to read any cash flow statement’. Cash flow is an easy to understand concept. But the way of calculating it is not so … Continue reading

Posted in Finance for Curious Managers | Tagged , , , , | 12 Comments

How to read any P&L statement

In my career I met my share of managers that clearly did not have much financial base. And let’s be honest, when you made your way as an engineer or salesman, there’s not much reason to be heavily involved in … Continue reading

Posted in Finance for Curious Managers | Tagged , , , , | 32 Comments