The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued their long-awaited converged standard on revenue recognition. The rule governs how and when revenues
Accounting does not show how value is created….
For big multinational insurance groups, like Allianz, Aviva, Aegon and Mapfre, that have their home office in the EU, Solvency II’s long reach
I’m a little concerned, and any professional in accounting and finance who works with small businesses should be just a little concerned, too. Why?
On December 19, 2014 the Prudential Reporting Authority (PRA) published an update letter from the PRA’s Insurance Directors for all Solvency II-affected firms. The implementation date for Solvency II is set for January 2016. Insurers can now actively resume their efforts to become compliant with this long awaited regulation. Solvency II is aimed to establish…
Big Data is a big thing. It will change our world completely and is not a passing fad that will go away. To understand the phenomenon that is big data, it is often described using
How can one explain why seemingly successful companies, such as Borders, Blockbuster, Circuit City, Wang Labs and Digital Equipment, go bankrupt or fall from a successful leadership position?
Every year that passes leaves some reminder of the time – some person or occurrence which touches us and creates a lasting memory. …
Information technology trends follow similar patterns, and what was once in high fashion may now be considered
Dashboards are an integral part of your performance management system and, when designed and developed correctly, will help you achieve revolutionary results.
Rolling Forecasts and Driver-Based Planning are management approaches that …