The world of profitability analytics for internal decision support and accounting suffers from a severe terminology problem. This makes it possible f...

It's important to distinguish between measurements made from the financial accounting perspective and those made from the managerial accounting perspe...

A managerial movement is now in motion and picking up steam. It is the application of business analytics for organizations to gain insights to determi...

I was at a conference very recently, in a session on cost management, and the question came up: “How can we rationalize or control the number of SKU’s...

Over a period of five years, Alpha Corporation’s sales to Omega, Inc. averaged $9 million and its gross margin $1.8 million. To maintain that level o...

Some organizations have strict rules to determine the acceptance for proposals to invest and spend money on equipment or projects. Sometimes the admin...

Your first reaction may be that this is an “invalid” question because both are important, but please bear with me for a moment because I think there i...

Recycling an article originally published on Linkedin Executive summary: Interpreting data is difficult and may results in mis-communication potential...

Dr. Alred R. Oxenfeldt was eminent mid-twentieth century managerial economist, professor of business economics and marketing at the Columbia Universit...

Company finance departments should maintain an inventory of their skills sets and insure it is in adequation with their needs. It involves most probab...

The word “law” has two quite distinct meanings. It may describe arbitrary regulations made by human consent in particular circumstances for a parti...

The real answer is that closing the strategy-execution gap is hard; really, really hard. Building a great organization, attracting and retaining the r...

One major informational gap, from an internal decision support point of view, with typical financial accounting and reporting information is insight i...

Profitability is obviously looked at through the company consolidated statutory figures and in the focus of both CFO and company management board. Yet...

Many of the PACE Forum blogs and articles have a recurring message. It is to nudge, and more strongly push, CFOs and accountants to get out of the 196...

A recent PACE survey asked: What percentage of time does your finance staff spend on decision support as opposed to traditional accounting tasks? ...

Imagine that you are a data analyst or perform financial planning and analysis (FP&A) who works for an organization with executives, managers and coll...

It was a little recognized bombshell! A few years ago the International Code of Ethics for Professional Accountants (published by the International F...

There were interesting results from PACE’s recent poll asking what assumed volume and mix of business organizations use when setting the costing rates...

Your organization has come to the realization that its traditional financial accounting and reporting information is simply not adequate for your inte...