May 16, 2012
From Excel to Financial Analytics Software: Users,
Experts Share Tips
For many businesses, Microsoft Excel is the application that handles financial tracking and analytics.
As businesses grow, many run into Excel’s limitations for forecasting, profit and loss statements and consider implementing financial analytics software to provide more manageable tracking and reports. For a successful transition, experts and users alike recommend...
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FASB Clarifications Include Plans for Qualitative Disclosures for Financial Instruments
FASB on Wednesday clarified its plans regarding requirements for specific qualitative disclosures and the definition of “financial institution” that will be included in the liquidity disclosures section of its proposed Accounting Standards Update (ASU) on accounting for financial instruments.
The board decided that a reporting entity should provide any additional quantitative or narrative disclosure necessary to help financial statement users understand the entity’s exposure to liquidity risk and interest rate risk, according to a summary of board decisions posted on FASB’s website. To accomplish that objective, FASB decided...
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Conducting Employment Interviews — Hiring How To
Interviews are a critical part of the hiring process. But many managers don’t know how to conduct an interview well. Here’s some advice.
- Prepare in advance. Create an agenda and a structure for the interview, including time limits. Work with HR, peers and your staffers to develop a set of questions and topics.
- Come up with questions in four categories: fact-finding, creative-thinking, problem-solving and...
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Good Data Won’t Guarantee Good Decisions
Global businesses have entered a new era of decision making.
The ability to gather, store, access, and analyze data has grown exponentially over the past decade, and companies now spend tens of millions of dollars to manage the information streaming in from suppliers and customers. For all the breathless promises about the return on investment in Big Data, however...
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Dell Training Program is Here and There
The big technology company’s efforts to educate its top finance talent are marked by a mix of virtual and face-to-face elements, which is a sensible if not-too-common approach.
Most Fortune 100 companies have substantial formal programs for educating their top finance talent, and Dell is no exception. But the technology giant may have a slight edge, thanks in part to its use of a simple tactic that is nonetheless uncommon for such programs. Almost all companies Dell’s size are globalized, and most try to...
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