Theory of Interest:- The point at which the supply and demand of capital (funds) matches are regarded as an interest rate and theory through we described the interest rate is known as the theory of interest. It is actually an equilibrium price in the Capital Market at which the lenders and borrowers are ready to […]
Is Shared Services Center best Organizational Answer for Accounting
The accounting activity is a production activity, as any activity must tackle the improvement of quality, while reducing costs and delays. The creation of a Shared Services Center (SSC) is an organizational response that is widely implemented in companies today. Shared Services Center & CSP When a Company sets up a CSP, what are its […]
Chief Financial Officer: Reconciling Expertise and Management
The chief financial officer is most often chosen for his technical expertise. By accessing this function, however, he can no longer consider himself solely an expert, he becomes the hierarchical manager of a team, often acts as a transversal manager, becomes a full member of the management committee. A major challenge becomes for him to […]
Chief Financial Officer and Change Management
Chief Financial Officers are unanimous in declaring that the conduct of change (also called transformation project management) has become for them an indispensable skill related to the management of a project. The human aspect is obviously decisive in driving change. Not applying a few key principles often condemns the project to be a total or […]
Transversal Management and Finance Functions in Business
The growth of companies, the internationalization, the specialization of functions, and the development of matrix organizations explain the development of transversal management. How are financial functions affected? In what way does Transversal Management concern the Finance Function? The cross manager manages a permanent activity or a process and not a team. It requires the contribution […]
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