I often muse about what makes a good/great CFO, in some respects it is what we would all wish for, calmness,balance, steady under fire etc. This comes not just with training and experience but also how we behave when we are under stress, and is deep rooted in us all. Having a certain amount of 'intelligence helps' but , as with everything else , it is the application of the intellignece that matters ... read on
www.lenejones.com/download/Intelligentaccounting.doc.
These are random thoughts from me on the subject of accounting and the different views that I see dependant on what accounting is for and why users of accounting information often don't always get the intended message. Helping people communicate better via the medium of Numbers is my small contribution to Happiness. If we understand each other , the better we will be.Although numbers tend to be absolute, their interpretation isn't
Monday, 30 July 2012
Sunday, 3 June 2012
Lean Accounting
A lot has been said about this recently with times of Austerity adding to the degree of real time and operational information required which puts the Accounts function under stress to provide this information.
The issue here is that 'Lean Accounting 'is not new, it is just that more transparency and timeliness is required for decision makling purposes. This places a strain on the Accounts function as it is required to produce more timely and reliable information that is relevant to process flow rather than post hoc monthly information. The business landscape has changed it's information demands, The Accounts function must also change.... read on
www.lenejones.com/download/LeanAccounting.doc
The issue here is that 'Lean Accounting 'is not new, it is just that more transparency and timeliness is required for decision makling purposes. This places a strain on the Accounts function as it is required to produce more timely and reliable information that is relevant to process flow rather than post hoc monthly information. The business landscape has changed it's information demands, The Accounts function must also change.... read on
www.lenejones.com/download/LeanAccounting.doc
Sunday, 5 February 2012
Merger Accounting
In one of my alter egos I became involved in a merger of two organisations, the background to this is that it was a bit of a shotgun marriage as it was imposed by a significant third party common to both ( a major funder) who thought it might be a good idea. This led us all on a journey with many twists and turns so the attached download draws on some practical thoughts ...
www.lenejones.com/download/MergerAccounting.doc
www.lenejones.com/download/MergerAccounting.doc
Sunday, 22 January 2012
Behavioural Accounting
I recently was asked to comment on a piece about Behavioural Economics which is currently in vogue. It prompted me to write this piece about how accountants can also influence behaviour
read on.....
www.lenejones.com/download/behaviouralaccounting.doc
read on.....
www.lenejones.com/download/behaviouralaccounting.doc
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