CFOTips, Cranford, NJ (2026)

10/15/2015

This year will be remembered as the year the economics of employment changed greatly; and the following year will be the year the impact of these changes will be absorbed by businesses. New regulations cover areas such as minimum wage, employment practices, overtime, background checks, and employee classification, i.e. independent contractor vs. employee. With any regulation change there are three separate cost levels – cost of review – every entity assumes the cost of reviewing the requirements to understand if they apply to their situation; cost of planning - If the regulation applies, costs include developing an approach to implement, communicating the approach, and if required, training; and finally, cost of implementation - the actual financial impact of the change, which varies based on your organization. [ 634 more words. ]

http://cfotips.com/the-changing-economics-of-employment/

This year will be remembered as the year the economics of employment changed greatly; and the following year will be the year the impact of these changes will be absorbed by businesses. New regula…

08/07/2015

Good evening, For the past three years, I have written the blog www.CFOTips.com. It must be worthwhile as I have more than 3,350 WP subscribers and 23,676 views since January 2012. At the current time I am attempting to win The Plutus Awards for financial blogging. The category I am nominated for is "Best Entrepreneurship Blog," If you agree, please go to my site at www.cfotips.com. [ 69 more words. ]

http://cfotips.com/the-plutus-awards/

Good evening, For the past three years, I have written the blog www.CFOTips.com. It must be worthwhile as I have more than 3,350 WP subscribers and 23,676 views since January 2012. At the current t...

08/03/2015

Some senior managers take a passive or reactive approach to protecting their company’s systems from cyberattacks and other risks. While they may acknowledge the risks, they believe that the risks are too minimal—or the costs too high—to actively address the causal issues. Their solution may be to purchase cyber insurance to prevent a monetary loss if a breach were to occur. [ 1033 more words. ]

http://cfotips.com/manage-risk-dont-react-to-it/

Some senior managers take a passive or reactive approach to protecting their company’s systems from cyberattacks and other risks. While they may acknowledge the risks, they believe that the risks a...

07/07/2015

The act of “stress testing” banks, allows regulators to understand the effect on a bank’s economics during a severely adverse scenario, i.e. what is the likelihood that the institution will continue to transact business and survive a prolonged economic downturn. Based on the results of the testing, regulators and bankers understand if the bank has the proper capitalization or alternatively what capital cushion is required to sustain itself. [ 726 more words. ]

http://cfotips.com/the-value-of-stress-testing-your-business/

The act of “stress testing” banks, allows regulators to understand the effect on a bank’s economics during a severely adverse scenario, i.e. what is the likelihood that the institution will continu...

06/25/2015

Following is a letter that was forwarded to the Securities and Exchange Commission, in response to a request for comment, regarding the Pay vs. Performance proposal. June 24, 2015 Mr. Brent J. Fields Secretary U.S. Securities and Exchange Commission 100 F. Street, N.E. Washington, D.C. 20549-1090 RE: File No. S7-07-15 Release No. 34-74835- Pay for Performance (the "Proposing Release") Dear Mr. [ 1006 more words. ]

http://cfotips.com/pay-versus-performance-a-comment-letter-to-the-sec/

Following is a letter that was forwarded to the Securities and Exchange Commission, in response to a request for comment, regarding the Pay vs. Performance proposal.

06/01/2015

On May 4th2015, McDonald's Corporation announced initial steps in a turnaround plan which included the following activities – restructure the business into four segments, beginning July 1, 2015 – U.S., International Lead Markets, High Growth Markets, and Foundational Markets; refranchise 3,500 restaurants by the end of 2018; capture approximately $300 million in annual general & administrative expense savings; and, embark on a three-year return of cash program to shareholders totaling $18 to $20 billion. [ 748 more words. ]

http://cfotips.com/mcdonalds-turnaround/

In any turnaround, transparency and communications are integral for investors, analysts, potential franchise owners, rating agencies and employees. When the turnaround is transparent, interested p...

05/08/2015

Metrics Linking KPIs with Business Strategy http://wp.me/p2aImN-ma

In most organizations, the accounting or finance group is responsible for assembling a series of reports after month-end and after the accounting close. The reports are assembled and distributed to senior managers to provide them with a clear understanding of the state of the business. An effective reporting package should include four items: an Income Statement, Variance of Actual to Plan, Production and Financial Forecast for the Balance of the Year, and a Scorecard with Key Performance Indicators (KPIs). [ 784 more words. ]

04/14/2015

Growth through Mergers and Acquisitions http://wp.me/p2aImN-lN

Companies seek growth through mergers and acquisitions to satisfy one or more of the following – adding a related product or service; expanding geographic reach; purchasing assets, i.e. real estate, patent, brand; and/or, acquiring clients. The justification for two companies coming together to either expand or further strengthen a competitive position is logical and easy to support from a financial perspective. [ 920 more words. ]

04/08/2015

Pricing Strategy – Tips and Caveats for Discount Pricing http://wp.me/p2aImN-lG

Discounts have their place, but more often than not, they are used incorrectly. Prior to offering a discount, controllers involved with establishing pricing strategy need to take the following steps: Understand your business economics. If you have a 15 percent profit margin and for a period of time you are willing to give up a third of the margin to offer a discount, that may be a correct business decision. [ 772 more words. ]

03/24/2015

Growing through Productivity Increases http://wp.me/p2aImN-l1

Productivity is an economic concept that is discussed in the press quite often. Increases in productivity occur when the quantity of inputs declines, to produce a measure of output. The sub-set that is referred to is labor productivity, i.e. the amount of labor required to produce a measure of output. The importance of the statistic is based on its relationship to growth. [ 759 more words. ]

02/26/2015

Business Disruption Survival Techniques http://wp.me/p2aImN-kW

Establishing a twelve month budget/business planand a business continuity plan are still the best ways to prepare a business for the most probable known threats. But what can you do for unanticipated shocks that negatively affect your ability to achieve your profit goals? When companies are faced with unanticipated situations, that threaten their business, and they realize these disruptions are not short-term issues, they may need to employ “survival techniques.” [ 673 more words. ]

01/23/2015

Who Owns the Customer, i.e. the Company or the Sales Agent? http://wp.me/p2aImN-kA

This question was less important when the job market was in decline. But as the economy recovers, business owners and senior managers will be faced with this question, more and more. Depending on who you ask, there are two popular, but contradicting opinions. If you ask the owner/CEO of the entity - "The customer belongs to the company. They come to us because of our quality products/services. [ 710 more words. ]

CFOTips

10/15/2015

08/07/2015

08/03/2015

07/07/2015

06/25/2015

06/01/2015

05/08/2015

04/14/2015

04/08/2015

03/24/2015

02/26/2015

01/23/2015

Address

Telephone

Website

Alerts

Shortcuts

Share

Category