Getting to Grips With Spreadsheet Risk
Every now and then a new story of corporate embarrassment, or worse, caused by spreadsheet errors hits the business headlines. Chilling though the stories may be, finance leaders tend to shrug them off, believing “it could never happen here.” But a slew of academic studies over the last 10 years showing that upwards of 86 percent of spreadsheets contain errors suggests that confidence may be … [ Read more ]
Content: Article | Author: John Cummings | Source: Business Finance Magazine | Subject: Finance
The 7 Merger Types – And Why None of Them Work
Despite the growing volume of studies purporting to show that most M&A deals fail to create shareholder value, companies seem unable to resist the urge to merge. It’s all too easy to succumb to the allure of an apparently game-changing deal. A new study from A.T. Kearney offers insights that might make the most gung-ho growth strategist flinch, but also suggests ways that companies bent … [ Read more ]
Content: Article | Author: John Cummings | Source: Business Finance Magazine | Subject: Mergers & Acquisitions
What’s Wrong With Forecasting — And How to Fix It
Companies still struggle with earnings and sales projections, but determined action can yield big improvements in the forecasting process.
Content: Article | Author: John Cummings | Source: Business Finance Magazine | Subject: Finance