Should financial information used for internal decision support have an internal control structure?  This is sometimes a criticism of using financial ...

Managers are increasingly shifting from reacting to after-the-fact reported outcomes to anticipating the future with predictive analysis and proactive...

Accountants have a lot of tasks to juggle, from managing financial records to preparing reports and offering insights. ChatGPT, a type of artificial i...

I’ve heard a hundred reasons, been part of the debate. Users of accounting information suffer. Let’s save them before it is too late.   CFOs claim the...

In an era where global competition is fiercer than ever, simply growing revenues is not enough. Companies must delve deeper to understand the true pro...

I want to argue that management accounting should primarily be contributing to the Offensive function in an organization. What am I talking about?   A...

What does it take to successfully and effectively implement the PACE Profitability Analytics Framework (PAF)?   First, let’s describe some examples of...

In the era of big data, the accounting field is significantly transforming. Advanced analytics is revolutionizing the industry, enabling accountants t...

Introduction In the evolving corporate finance landscape, the Chief Financial Officer (CFO) role is undergoing a transformative shift. Driven by advan...

Many often question why organizations are hesitant or slow to move forward with implementing systems and adopting progressive management accounting me...

Private capital is assuming an increasing role in today’s business environments.   More companies, large and small, new and old, are choosing to stay ...

I was recently reading about the “n-1” problem in science.  It’s the problem that constrains scientists in any attempt to answer the question, “What i...

It was time for some scheduled maintenance on my car and I needed something to entertain myself while I waited in my auto dealership’s customer waitin...

Introduction In the dynamic world of global manufacturing, staying competitive requires efficient production lines and a deep understanding of the com...

This is a bold question.  Corporations are enormously successful.  They compete to hire the smartest people who work hard and creatively.  Why wouldn’...

Although my career has primarily been involved with enterprise and corporate performance management (EPM/CPM) methods, including management accounting...

Imagine you are the leader of a company that operates in a world where nothing is certain, everything is changing, and nothing makes sense. How do you...

By Seb Kerr and Neil Milner The Problem A hospital needed to meet patient demand, reduce waiting times and reduce hospital admissions but had no more ...

By Larry White One important aspect of profitability is the need for growth.   You can improve profitability through optimization, but without revenue...

Santa Claus is not just a jolly old man who delivers gifts to children around the world every Christmas Eve. He is also the CEO of Santa Claus Inc., a...