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Disaster And Opportunity

Global Finance

According to the World Economic Forum, globally reported economic losses attributed to climate and water extremes reached $1.48 C by 2100, the world will suffer less than an 8% loss of GDP to disasters and climate change. C by then, causing losses estimated at 24% of the global economy. increase over the previous decade.

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What is Quality of Earnings?

CFO Share

QOE reports go beyond the balance sheet and profit and loss statement – they challenge the underlying data through rigorous testing and management interviews to assess accuracy, and risk. Sales concentrations and/or backlog risk. Analysis of inventory reserves and allowances. Transactions with related parties.

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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Other firms may assume they’re too small, or that international trade volumes are too low, to render FX risk a critical component of their operations. Since FX risk mitigation touches so many aspects of the enterprise, Frey said this area is benefiting from the wave of technology adoption in sectors like accounting and treasury management.

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How to create & use pro forma statements

Cube Software

By plugging the specific transaction into the balance sheet, treasurers can see how it would affect the rest of the company and determine whether the benefits outweigh the potential risks/drawbacks. Communicate the results to stakeholders, who must then perform pro forma analysis and take action.

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