Your product costing may not be relevant for decision-making
The purpose of traditional product costing is to value inventory for the balance sheet and calculate the cost of goods sold for the...
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- Jan 25, 2022
Accept that a forecast is a forecast and not a decided plan
Yearning to go golfing tomorrow? If its sunny you are in for a great day. But if it is pouring you might want to make other plans. So...
- Dec 1, 2021
Do you really need a change in ownership to achieve a step change in growth and profitability?
Private equity investors are often seen as change agents. After all, the idea is that they spot potential in a company that for some...
- Nov 6, 2021
A lot of time and effort go into management accounting, but does it always serve its purpose?
Traditional management accounting is an insufficient and artificial proxy for decision-making that overlooks what is really driving cash...
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