There are numerous professional accountancy bodies- 9 that I can think of. But chances are, if your finance team are working in industry, meaning NOT in an accountancy firm, they will be interested in one of these three: AAT (Association of Accounting Technicians) CIMA (Chartered Institute of Management Accountants) ACCA (Association of Certified and…
If you are thinking of selling your business one day, even if it is in 5 years’ time, you need to begin boosting the sale value today. If and when you finally sell, your buyers, their lawyers, consultants and accountants, will all be looking through your company’s past history… in extreme detail. Possibly for the previous…
When hiring finance staff personality is more important than experience and education. The first you are born with, the other two you can work on. Mark Dumon describes the 7 types of personalities which are deemed to fail in Finance. http://www.investopedia.com/articles/financialcareers/09/7-people-fail-finance.asp They include the Selfish Jerk, the Doormat and the Excel Lightweight. You may be surprised…
There are countless reasons why businesses fail, such as choosing the wrong business partner, not listening to your customers or avoiding having a business website. But if you choose only one thing to get right, make sure it’s your cash. 90% of small business failures are caused by poor cashflow, according to Dun & Bradstreet. Here are…