Tag Archives: management

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 [...]

The Shift to Predictive Accounting

There is a widening gap between what the CFO and accountants report and what internal managers and employee teams want. This does not mean that information produced by the accountants is of little value. In the last few decades, management accountants have made significant strides, such as with activity-based costing (ABC), in improving the utility [...]

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. [...]