Recent TRG blog posts

 The role of finance in today’s organisations requires a dual approach with finance trying to become more cost and process effective while aiding decision making and performance management. The finance function is evolving and collaborating more with other parts of the business to create further value.

 The role of finance in today’s organisations requires a dual approach with finance trying to become more cost and process effective while aiding decision making and performance management. The finance function is evolving and collaborating more with other parts of the business to create further value.

The CGMA global economic forecast is a leading indicator of global economic growth and contraction that is based on global financial executives’ evaluation of corporate prospects, tangible performance data, and first-hand knowledge of company staffing, spending and financing plans. The survey is conducted quarterly, polling AICPA and CIMA members holding executive positions in both public and privately-owned organizations of all sizes, and across a broad spectrum of industries.

Today’s rapidly changing business conditions mean corporate management has to act on new strategies faster than ever. The shortcomings of fixed annual plans, budgets and forecasts are emerging, as they limit the power to adapt to change. No companies want to forecast just once a year. Many wish to revise forecasts monthly to ensure that financial planning remains continuous, dynamic and relevant.

Since the global economic meltdown, businesses have been forced to be more cautious in their decision making to ensure growth amid uncertainty. Processes such as planning and budgeting, more than ever, need to be fine-tuned and have a degree of flexibility to keep up with change.

After two quarters of sharp declines, CFO optimism turned solidly positive in the first quarter of 2012, moreover, CFOs’ outlooks toward earnings, capital investment and even hiring – have improved; only one sticking point remains – sales.

After two quarters of sharp declines, CFO optimism turned solidly positive in the first quarter of 2012, moreover, CFOs’ outlooks toward earnings, capital investment and even hiring – have improved; only one sticking point remains – sales.

Each company must strike a balance between developed markets such as the US and Europe and rapid-growth markets such as China, Brazil and South Africa. This balance must be appropriate for the company’s sector, strategy and growth prospects. And it must communicate that strategy in a way that meets the different needs of its different investors.

Do you often ask…

Do you often ask…