Blog

The Cultured Accountant

  I have written before about how Accountants have been thought to have been responsible for corporate collapses. There is nothing wrong about holding Accountants to account as they are probably in senior positions and should know better. Quite often the real reason for failure can be invisible from the outside and are deeply rooted… Read more »

The CFO and Strategy

The CFO and Strategy   What is the role of the CFO in the strategic process and how involved are they?   Only if they is allowed to, conversations with Chairman/CEO and FD take place on a daily basis at the sharp end, more cerebral thought happens outside of ‘Strategy meetings’ or ‘away days’ A… Read more »

Family Accounting

This is an area of many trade offs which has a slightly different twist to non family companies with shareholders and stakeholders who are not as intertwined as Family 1 what is the minimum cash/working capital requirements required to sustain the day to day operations 2 what is to be done with any surplus cash… Read more »

Aesthetic Accounting

The issue here is that people appreciate beauty and respond more positively when things look right Without exposure to beauty, people don’t feel right, information doesn’t feel right and so therefore decisions made or conclusions drawn leave the user with a sense of unease. If things don’t look right there is a depression of spirit… Read more »

Accounting for Conduct

Accountants will hold responsible positions in many businesses of various size and complexity. They will be applying their specialist skills and knowledge to an ever changing set of challenges. Yet Accounting qualifications have not always had a good PR recognition, and indeed the worst excesses of creative accounting have led to accusations of being a… Read more »

Servitisation, a new business?

Introduction The IOT is a great idea, connected machines of all shapes, uses and sizes feed backing constant data about usage , condition and performance- all for better efficiency . Servitisation is not a new idea, it is merely becoming more widespread as firms find more innovative ways of maintaining customer relations and changing their… Read more »

Resilience and the Accountant

Introduction One of the latest management phrases is Resilience which has moved the topic of sustainability along from simply surviving to being able to counter or spring back from circumstances that were not foreseen. To some extent this has it’s roots in ancient philosophy as it is not so much about events themselves, but rather… Read more »

Driver Based Planning

Introduction   Driver based modelling is becoming a function of the current economic uncertainty (aka the ‘new normal’.) Traditionally, forecasts and models have been prepared along the lines of last year’s actuals plus a control /expectation margin either to increase sales revenue by x % or to decrease certain costs by y%. Throw in a… Read more »

The SME Survival handbook

The SME  Survival Guide     About this download This is written by me based on my 30 years experience in the SME sector, I have used the metaphor of a jungle to set the introductory feel for these series of essays, not because the SME landscape is necessarily threatening , but it is certainly… Read more »

Trust and the Leader

I think the important point for leaders is to understand that organisational Trust and behaviours have their roots in Social Contract theory, or indeed something much baser dating from Aristotle’s time that people move away from pain and try and attain pleasure. Stakeholders therefore want to avoid losses, eliminate risk and move towards sustainable businesses… Read more »