Advices, tips, experiences

Management reporting and management accounting: the cornerstones of informed decision making
ADVICES, TIPS, EXPERIENCES / 16. 2. 2024
In today’s rapidly changing business environment, it is crucial to not only understand market dynamics, customer behaviour and internal processes, but also to closely monitor the financial health of the company and its long-term development. Management reporting and management accounting are invaluable tools that lead to a deeper understanding of these aspects and enable business...
The beginning of the year from an accounting and inventory perspective
ADVICES, TIPS, EXPERIENCES / 6. 1. 2024
Here we are in the new year 2024. We wish you all good health, good luck and of course professional success and may it carry us through this year. At the beginning of the new year, we will be closing the previous one in the accounts. Don’t leave the delivery of last year’s and December’s...
Why (not) keep accounting data at an accountant’s home or at a firm that doesn’t know how to treat it
ADVICES, TIPS, EXPERIENCES / 13. 10. 2023
Accounting data: what a company should keep and what should be left to the accountant Accounting data is an important source of information for managing, planning and directing a company. Every company should systematically and regularly work with the data it holds in its accounts and use it to have a comprehensive view of its...