Extract from “Pareto’s 80/20 Rule for the Corporate Accountant” published by John Wiley & Sons Inc
Background
This sounds impossible yet it is achieved. It takes good organization and recognition that the annualplanning process is not adding value, instead it is undermining an efficient allocation of resources,encouraging dysfunctional budget holder behaviour, negating the value of monthly […]

I recently attended your ‘Quick Month-end Reporting’ through CIMA and although somewhat skeptical on the day, I thought you would be interested in some feed back on what was achieved in month one.
Our reporting timetable was somewhat flexible and figures tended to be prepared for BPG (Business Planning Group) 3rd Wednesday of the Month and […]

Built to honour the Duke of Marlborough’s victory over the French, this fine stately home is one of the treasures of England.The Finance team, after attending David’s course have managed a sweet victory of their own.Following our attendance at your inspiring two days of presentations we went away convinced we could achieve our month end […]

In my article “How much time are you wasting on month-end reporting” July 2005 I talked about the irrelevance of late reporting and about some case studies. This article will look the lessons and guidelines for implementing quick month-end reporting(QMR).To anyone who has seen the film “The day after tomorrow” a late month-end has the […]

Is your team one of the many who are sucked in by processes that have more in common with the Charles Dicken’s era that the 21st century? When I was an corporate accountant each period end was a disaster waiting to happen. Each month end (m/e) had a life of its own. You never knew […]