Monthly Archives: November 2018
Unforeseen expenses need to be foreseen. Behind this seemingly absurd phrase lies an unfortunate truth: expenses not provided for by the budget are inevitable for any company. Force majeure, unexpected investment opportunities, price increases, forced contractor changes are the reality of any business. It is impossible to build business processes so that costs never arise; which means that you need to learn to live with them. Continue reading
I clearly remember my first leader. In the early 2000s, right after the institute, I got a job as the chief (and only) accountant in a small furniture company. From the conversation with the boss, I learned two things:
There should be several directions in business, because if difficulties are in one industry, others will certainly help to survive. Specifically, he had: agriculture, a water and beer company and a company selling furniture. Continue reading
It is important to note that schemes differ from errors in the awareness of the commission, and therefore the consequences. Let’s start with the mistakes that managers face due to low awareness, lack of experience or excessive courage.
The desire to save on professionals
And, as a result, low competencies of accountants. Continue reading