I came across this clever one A3 page Month-end finance report (U.S. standard fanfold). Headings are ‘Areas to Note‘, ‘The Month’s Financial Performance’, ‘Business Unit Performance’, and a very summarized P&L and Balance Sheet. You can also use the back of the A3 for analysing the business units or showing smaller units (retail shops) in three league…

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By David Parmenter I have developed a toolkit to help AP teams optimize their AP.  The toolkit is a 70 page document with accompanying electronic media to help you get started.  It covers the following strategies (the number in brackets are the better practices to adopt). Next steps Purchase my toolkit  50+ Ways To Improve Accounts Payable…

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Around the world teams are implementing projects based on the templates from my books. I can further help these teams in the following ways:Project team support I look forward to opportunity to help project teams implement the better practices in my books via a GoToMeeting session. These sessions are purchased in units of 1.5 hours.…

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Corporate accountants around the world have been making the same mistakes, year-in year-out. Why is it that we spend months on an annual planning process that we know is flawed? Why is it we spend many days preparing a monthly report that is informing management well and truly “after the horse has bolted”? Why do…

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As a manager, you can bully, order, or coerce staff to undertake tasks in a prescribed manner. However, you are unlikely to succeed unless you have learned the lessons and put into practice the traits of the successful ‘servng’ leaders. Based on the leadership exploits of Sir Ernest Shackleton, Sir Edmund Hillary, Sir Winston Churchill,…

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Corporate accountants are running teams that have procedures more akin with Charles Dickens that the 21st century. Whilst many organisations in the USA have been investing in technology and appropriate tools to create a truly paperless office, many of us have watched, as if disinterested or more likely confused. What is appropriate? What should I implement?…

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Annual reporting is seldom an area where the accounting function scores many goals. The annual report is an important regulatory and stewardship requirement. It should be completed expediently and should not consume scarce accounting resources for inordinately long periods of time. This workshop will show you that obtaining audit clearance within 15 working days or…

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It is being increasingly recognised that a planning tool is required for a forecasting and planning process. The stalwart Excel has now been extended beyond it intended boundaries with management accountants building monsters that are beyond any quality assurance programme, littered with logic errors hidden in the formula and designed with out the big picture…

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This workshop is part of the “lean accounting” movement that is gaining momentum around the world. No longer can we lock the finance team into inefficient processes that limit the added value the finance team is contributing. Finance team around the world have freed up time from the accounting routines so they can be active…

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Organisations around the world are spending far too much time on month-end reporting and the annual accounts. Neither of these tasks generates many thanks from the senior management team. We simply need to do these tasks, as quick as possible in a “true and fair” way! This course is a composite course, delivered, by David,…

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