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Tag Archives: financial literacy
When the numbers don’t add up
Certain companies (e.g. Steinhoff), directors, auditing firms, have received a lot of bad publicity in recent times. How deserved this is will emerge in the fullness of time. It is, however, important to remember that most directors, auditing firms and … Continue reading
How to stay out of trouble: 3 things a manager needs to know…
…every day, three things you need to know every week and another three things you need to know on the last day of the month. Have you ever boarded an aircraft and glanced into the cockpit? Have you wondered, as … Continue reading
A recipe for disaster: business leaders who don’t understand finance
Leadership and Finance Every decision made in a business has financial implications. Financially informed leaders therefore, will make better decisions. Despite this premise there are many senior leaders in technical and other non-financial spheres who, while skilled in their particular … Continue reading
What’s likely to happen if your company goes bust?
Anyone can go bust and end up owing a lot of people a lot of money – and without any hope of being able to repay what is owed. Lawyers so charmingly term it, “being unable to meet maturing obligations”. … Continue reading
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Tagged Alan Bond, bankrupt, bankruptcy, Bernie Madoff, business failure, Credit, Credit Control, Credit controllers, Credit Management, Credit managers, Debt collection, Debt collectors, Enron, Evaluation of a business before extending credit, Evaluation of a company before extending credit, Extending credit, finance for non-financial managers, Financial analysis, financial literacy, Financial Statements, fraud, fraudsters, Insolvency, insolvent, liquidation, Masterbond, scams
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Just what is meant by Financial Intelligence?
In my request on Twitter for blog post topics I could write about I received a few and I am blogging about them as quickly as I can. One topic was ‘Financial Intelligence’. This could have many meanings so I’ll … Continue reading
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Tagged accounting, budgeting, CAPEX, capital espenditure, capital expenditure, cash flow, cashflow, cashflow forecasting, cost allocation, cost management, costing, finance for non-financial managers, financial literacy, management accounting, margins, operational finance, profits, ROI, working capital management
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Mel Brooks - Thoughts on Business, Management & Leadership 