This site under reconstruction.
It could be just an impression I have, but sometimes when an accountant is asked to put together a plan, he will balk. Accountants are used to certainty (for the most part): set closing schedules, set GAAP rules to follow, things you should and should not do, mathematical steps to reconcile imbalances, and so on….
Huh, didn’t know that there was an economic theory that posits that under certain conditions, companies will want to increase wages for labor because such wage increase will provide benefits. Those benefits could be reduced turnover, increased productivity or whatever else. This theory certainly isn’t mentioned much, if at all. I have heard increasing engagement…
Read an article earlier in the week about an interview with a famous investment fund manager who always preached low-cost fund management and fiduciary duty to your investors. He said that financial management companies are now starting to have the philosophy of managing for your clients and not just for themselves. The article was investor this…
I’m working on a new project that entails a lot of data which unfortunately Excel does not handle well – not on top of all of the formulas I need to use to generate categories and analyses, plus the pivot tables. Eventually, I scrunched the data down to just what my boss needed but then…
Oh boy! The chutzpah of it. I read an article earlier in the week about two financiers who are suing the government for illegal seizure (I think. The article also mentioned they were suing because they were not benefiting enough.) One was a former CEO of AIG who was indicted for playing a role in setting…
Paul Krugman, a New York Times economist and a Nobel prize winner, offers a very good advice when you are seeking data to support your viewpoint. When searching for supporting documentation or data that supports your belief or assertions, you need to be very wary of uncritically accepting the data. In fact, you may need to…
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