Definition and Tasks HR-Controlling The Human Resource Controlling includes planning, assessment and control of both, the performance of the employees, as well as the staff working in Human Resources. Here it is important, that on the one hand the internal structure of the company will be screened, as well as […]
Definition of Marketing Controlling The two terms are ambivalent twin sisters. Both, Marketing and Controlling, are cross-cutting concepts that should not be a privilege of individual experts. I would say Marketing has the biggest conflict of interest with Controlling as normally they want to spend money optimistically and Controlling is more conservative. […]
When do you need a business valuation? • Normally, when making a purchase or sale of a business • Liquidation or insolvency proceedings • IPO • Mergers • Change of shareholders or partnerships • Management Buyout • Expropriation Common to these occasions is, that they all lead to a change of […]
Sorry, this entry is only available in German. Related posts: IFRS – International Financial Reporting Standards
Pivottables – Controllers favorite tool In today’s blog post I would like to introduce you in the amazing world of pivottables . As an example we use this Excel table: A B C D E F 2 Company Product Turnover Hours Turn. per hour 3 Meierhans AG Interim CFO Cola 15000 150 100 4 […]
Innovation is literally translated renewal. Economy and society are changing when production factors are linked and exploited together in a novel way. In this case, an enterprise enforces technical or organizational innovations. Nowadays it is very important that a company is innovative and does not rest on successes realized. But […]
Initiation The International Financial and Reporting Standards, IFRS for short, are internationally recognized accounting standards, which the IASB (Int. Accounting Standards Board) issued. These measures should allow that financial statements of companies and large corporations, detached from the national rules, can be compared with each other. Objectives of IFRS The […]
In business planning you differentiate between 3 stages. – Strategic planning (long term – 5 years) – Tactical planning (mid term) – Operational planning (up to 1 year) The well known budgeting process is considered as operational planning, is done in fall and covers a time span of up to […]
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