Tag Archives: financial statements

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

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The most common pitfalls when implementing a new ERP

Over the past few years I have been heavily involved in the implementation of Oracle, SAP and Salesforce in my roles as financial analyst and financial controller. And from what I saw, it is safe to say that these ERP implementations … Continue reading

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Task list of a controller – part 2

Monthly reporting: a basic component of any controller will be to assemble a ‘monthly pack’ that shows an easy and brief overview of the main P&L items and the highlights the non-financial management will be interested in. VAT return – intrastat: … Continue reading

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Task list of a controller – part 1

Given the huge interest in the topic, I will be spending some more time fleshing out the details of the controller role. Month end is the peak period for any controller. Most people in a company have a vague idea … Continue reading

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Introduction to Financial Ratios

A logical follow-up after working your way through Balance Sheets and P&L is to look into ways to gain additional insights in it. The most logical and easy way is to compare different periods, such as current year vs last year … Continue reading

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How to read any Balance Sheet

As a follow-up to my popular post How to read any P&L, I will elaborate a bit on how to interpret a Balance Sheet and its main components. Only after truly understanding a Balance Sheet, you can make your way … Continue reading

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