Sometimes, we might be confused with certain terms used like:

Flash
Best-estimate
Forecast
Budget
Plan

Normally flash is when the company’s cut off is over but the accounting deadline for submission is still a bit far away like about 7 to 10 days.
Local management or your overseas bosses want to see a “ flash” – an image of what might be […]

It is easier said then done by wanting to institute financial discipline into the organization.
To implement accurate and timely financial planning, it is quite difficult for the following reasons:

We need to get data from other operating management of different business unit. We are now crossing outside our own finance border into the operation and the […]

In my articles on transformation of finance role and the recent article on finance personnel embarking another role of gathering and analyzing the financial competitive analysis, I again now touch on another critical mass of finance role which is financial planning.
Gone are the days, when keeping the books of account accurately and the timely submission […]

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Assuming we are a shareholder of a company that has been issuing rights, bonus issue and dividend, do we know how to compute our overall returns versus our initial investment.
Append below is such a scenario to understand our current total returns versus our initial investment. […]