Tag Archives: Bank

Is It Better to Have No Costing than Bad Costing?

I recently had an exciting conversation with Kris Moreels, founder and managing partner of B&M Consulting, a firm that specializes in designs of managerial accounting and strategy execution performance management systems. Kris and I share a common history as management consultants engaged by organizations to improve a weak and deficient managerial accounting system. He made [...]

Putting the Focus on Cash

So cash is king, once again. Not that it ever was dethroned; it’s just that, for a while, it shared its perch with other corporate goals, like growth. Not anymore. Credit is tight and sales are down, so companies have to wring all they can from the funds they have on hand. This prompts the [...]

Latin America Roars Back To Life

As developed countries floundered last year, Latin America also felt the effects of the global downturn. But unlike developed countries such as the United States, the region’s road to recovery has been swift and sure. The financial markets saw new issuance come to a standstill, but little in the way of negative outcomes occurred. [...]

CORPORATE DEBT ISSUANCE STAYS STRONG, BUT RISK PREMIUMS RISE SHARPLY

While the Federal Reserve is unlikely to raise interest rates significantly this year in light of high US unemployment and subdued inflation, the long-running rally in the corporate bond market could come to a screeching halt as soon as the Federal Open Market Committee changes a few words in a post-meeting press release. This will [...]