Calxa Articles
By Author: Mick Devine
The Best Way To Do Group Consolidation Reporting
Group consolidation reporting, also referred to a multi-company consolidation, can be a time-consuming task for any CFO (Chief Financial Officer). Often, it involves a plethora of spreadsheets with multiple interconnecting worksheets. The effort you need to keep this environment balanced and reconciled is agony for many. It can fall over just by overriding one formula. And, sometimes, you may not even notice the error until months down the track. The desired outcome is the need to see several business activities wrapped up into a combined financial statement. A view to give a snapshot across all companies and to track the overall performance.
5 Signs You Might Be Trading Insolvent
Trading insolvent is a dirty phrase in business. The reality is, many of us run our businesses very close to the wind at times. There are many successful businesses who have struggled with cash flow at some point in their existence. Just having tight cash flow does...
Cash Flow Scenarios to Mitigate a Crisis
Preparing multiple cash flow scenarios will help you think through the implications of different situations and be prepared. This means that you’ll come to a much quicker decision later on, when you’re under pressure to act fast.
