Globalisation has made the transition from VAS accounting to IFRS accounting a pressing issue for many organisations. It does not only apply to global companies operating in Vietnam but also to Vietnamese companies with foreign capital investment, which helps increase mutual understanding and trust for foreign investors, who do not have an insider’s knowledge of VAS.

Hanoi – May 20^th 2013 – The Office of the CFO concept, which encapsulates current challenges as well as solutions for CFOs and the finance function, was introduced for the first time in Hanoi by TRG.  

HCM City – April 18^th 2013 – A record number of guests turned up for TRG’s seminar entitled “Office of the CFO for Hospitality: A new way of working to maximise profits” on April 16^th at New World Hotel.

Human resource is often considered one of the most important assets of an organisation. Companies nowadays pay great attention to its employees’ training and development programme; especially in developing leadership skills for the next-generation staff. To become a competent leader, it requires more than just technical skills and knowledge.

HCM City – March 21^st 2013 – Speakers from TRG, CIMA and Infor walked the audience through the Office of the CFO concept for the first time at an event held on March 20^th at New World Hotel.

(Ho Chi Minh) – TRG Event – 8:00 am, 20 March, 2013 at New World Hotel, Ho Chi Minh, Vietnam

In the previous 2 entries, we have outlined 4 steps of strategy mapping, which include: specify an overriding objective, choose the value proposition (part 1), choose the financial strategies (part 2), choose the customer strategies.

The last post pointed out crucial elements needed in a best-in-class financial management solution. Now we are going to discuss two additional factors that are also necessary for businesses to “future-proof” themselves from unexpected changes.

More and more retailers are recognising that customer management can bring long-term value to their business. Since applying these strategic approaches is not an easy task, retailers should consider implementing an appropriate retail management system to make all processes invariably smoother. Such a system will aid enterprises in:

Human errors are the source of many inventory valuation issues, making it more troublesome for retail officers to certify financial results with confidence. A study by AMR Research in 2004 showed that 15% of retail loss was due to administration errors.