Tag Archives: government

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 [...]

Job Creation’s Ground Zero

Department of Energy CFO Steve Isakowitz was first appointed DOE CFO by President George W. Bush in 2007 and was last year reappointed to that role by President Obama. We recently spoke to Isakowitz and asked him about the DOE’s business hand.
BF: As CFO of a large government agency, what is your top priority today?
Isakowitz: [...]

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 [...]

GLOBAL MARKET BRACE FOR THE AFTERSHOCK

Just as the mood was lifting worldwide—and many markets had returned to their pre-Lehman Brothers bankruptcy highs—a new risk has reared its head. While the focus for much of the financial crisis has been on banks and corporate, investors have belatedly noticed the huge hazards that have built up at country level. The world has [...]