Today we celebrate the achievements of women on International Women's Day. But in some areas there is a long way to go to achieve gender equality - and it's important to understand how that equality is measured. We used Numerable…
One of the biggest business networks in the UK is "hidden" in plain sight - it's the network of the UK’s 4.7 million registered companies and their directors, other officers and owners. Many directors and owners are (or have been)…
In my previous blog on financial reporting I described steps 1 to 3, that make up the bookkeeping phase in which accounting records are created. But that looks at the past. It's already happened; it's done and dusted. Hence the…
Do your eyes glaze over when you look at financial reports? Mine do - and I've seen it happen with lots of other people. I've talked about this with both 'producers' of reports (FDs, CFOs, accountants etc.) and 'consumers' (Owners,…
In my last blog I introduced the 6 steps in the financial reporting process. Now I'm going to discuss the first 3 of those and some related problems - and I'll give a few tips on how to solve them.…
In this series of blogs I'm going to discuss the financial reporting workflow in SMEs (small and medium-sized enterprises). I'm doing so as an entrepreneur, so I'll be focusing on business issues, not technicalities. I'm not an accountant. But I've…
One of the fundamental challenges in understanding financial reports is the numbers! Sure, we can pick out a value from a table. We can find the a column, run our eyes (or finger) down it to a row that interests…
