Reviewing the financial review section of an annual financial report helps to assess various aspects of the business performance and risk from a quantitative perspective. This blog outlines the main questions investors or readers should ask when reading a company’s financial statements.

In 2002 Amazon reported revenue of US$3.93bn, an impressive figure in itself but a drop in the ocean in the US$2.3trn US market; this year Amazon’s revenue should pass the US$50bn mark. Total virtual marketplace accounts for around 10% of the US market and 13.2% in UK market in 2012. Although emerging markets have further to go, the rate of growth is even more rapid.

Hospitality businesses in Vietnam to serve over 6 million tourists

Statistics from Vietnam National Administration of Tourism (VNAT) have revealed a 14% annual growth in international visitors to the country. In November alone, around 656,000 tourists visited Vietnam, bringing the total amount of international arrivals in the first 11 months of 2012 to 6,035,901^(*). The question now is, are hospitality businesses up for the game?

In 2012, China has taken the lead from USA and become the world’s largest food and grocery market. Next year, they are expected to be the biggest player in the luxury good market and surpass USA again by 2016 as the world’s largest retail market. While Western consumers reduce their spending expenditure, the rapid growth in emerging markets will contribute to a hugely different global retail landscape in 2022.

2012 has been a tough year for many businesses. Managers have to struggle to make sure their organisations survive and stay strong through these difficult times. As a result, costs and budgets have become the most important factors to consider when making an investment decision. A strong budget can help managers know when they have a steady stream of cash flow and make better decisions based on that budget information. Here are a few tips for managers to weather the tough times:

Given the strategic planning best practices, it is obvious that the creation of a good plan requires far more than just collecting a set of financial estimates. To achieve a budget and strategy alignment, use the following six steps:

Given the strategic planning best practices, it is obvious that the creation of a good plan requires far more than just collecting a set of financial estimates. To achieve a budget and strategy alignment, use the following six steps:

In order to keep up with rapid changes in the business world, these 2 elements have been identified as crucial criteria to assess a change-supportive financial management system. Below is an excerpt from a TEC blog describing Infor SunSystems’ Unified Ledger and Smart Transactions components:

Since launching their first store in 2004, William Penn – The World Pen Store has become India’s premier purveyor of fine writing instruments and executive lifestyle accessories. Through their elegant products and professional advisors, William Penn has expanded to fifteen locations across six cities. Their commitment to elite style continues to pique the interests of clientele.

Since launching their first store in 2004, William Penn – The World Pen Store has become India’s premier purveyor of fine writing instruments and executive lifestyle accessories. Through their elegant products and professional advisors, William Penn has expanded to fifteen locations across six cities. Their commitment to elite style continues to pique the interests of clientele.