Tag Archives: change

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 [...]

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. [...]

Circle of Blame

Here is a fictitious story. But how true could it be?
Our company’s quarterly financial results were just announced. Our loss was unexpectedly double last quarter’s loss, and we have now been in the red each quarter for over a year. How can this be happening to us? Our company has been profitable for decades!
I can [...]

Up in the Air

Did you see the movie Up in the Air, starring George Clooney? Those of you who have not seen it probably have heard something about it. It involves a professional with a job who flies in airline jets so much that hotels and airports become his life.
There are parts of this movie I relate to. [...]