Power Pivot Cracks Direct Method Cash Flow Conundrum
Many accountants consider that cash flow statements are the most important indicator of a company’s performance, as they do not involve estimates or judgments of the preparers.
Many accountants consider that cash flow statements are the most important indicator of a company’s performance, as they do not involve estimates or judgments of the preparers.
A common accounting task is to consolidate the financial results of subsidiary companies into combined results of a parent company. A parent company can have one or multiple subsidiaries.
How often do you think about quality checking your reports? Sounds about as fun as listening to a lecture from Ferris Bueller’s professor, right?
Not long after I started my career in FP&A, I became interested in KPI development. It’s a natural progression I think: you get the budgeting, forecasting, and reporting under control, and then you begin to dig a little deeper.