The Woes Of Working For A Public Company

During our earnings call yesterday, it daunted on my how connected I am on the public sector. Here was two extremely important businessmen, our CEO and CFO, discussing our earnings and statistics, and I kept thinking “I hope I calculated everything right.” My main contribution to our company is the constant currency impacts. It wasContinue reading “The Woes Of Working For A Public Company”

Cash for clunkers? No thanks. I’d rather not let the government buy me off…

Really, cash for clunkers? I understand that at the current economic condition, many of us are tightening our belts, and we are hoping something “too good to be true” to come knocking on our door. But this does really seem “too good to be true,” especially since we’re just putting our country into even moreContinue reading “Cash for clunkers? No thanks. I’d rather not let the government buy me off…”

Let’s Move On From AIG Already!!

I’m really getting tired of people blaming AIG already. It’s been proven that they did not break any laws, but continuing to dwell on the subject has gotten old. Rep. Barney Frank just called for the federal government to do a take-over of AIG and try to make it easier to get back the someContinue reading “Let’s Move On From AIG Already!!”

So What If The Markets Keep Going Down??

Being in finance, I often field a lot of questions about the various markets.  One of the most repetitive questions I’ve heard is, “what happens of the stocks keep going down?” Well there are various answers to this.  When you enter the market, you often answer questions about how conservative or aggressive you want toContinue reading “So What If The Markets Keep Going Down??”

Financial Risk and Flying Pigs

There is currently a belief that financial risk is easily measured. That we can stick some sort of risk-meter into the financial system and get an precise measurement of the risk of complex financial instruments. The poorly misguided belief that this risk-meter exists plays a key role in getting the financial system into the messContinue reading “Financial Risk and Flying Pigs”

Difference Between Venture Capitalists and Angel Investors

Every so often, accountants get asked some dumb questions.  Some of the questions I’ve received are “I never signed up for insurance, so why does medicare keeps getting deducted from my check?”  Or “can I get paid in cash so I don’t have to pay my child support?”  Even ones like “I don’t have aContinue reading “Difference Between Venture Capitalists and Angel Investors”

Realistic Forecasting For Start-Ups

Since my experience with start-ups began a few years back, I have seen many examples of top-down forecasting that has left many venture capitalists wondering if the speaker had any credibility whatsoever.  Top-down forecasting is taking the market level from it’s highest point and working down to come up with your sales figures.

Guest Blog –

From time to time, I have found it of great value to share and embrace other start-ups and ingenius business ideas.  With that being said, I have come across a fabulous team from Australia that is making waves on their side of the world with a new business venture that I am sure will beContinue reading “Guest Blog –”

CFO Career Booms During An Economic Crisis

As finance executives are having a hard time finding the silver lining in the credit crisis, its no wonder that the recent problems on Wall Street have forced them to revisit their bank relationships, redo their forecasting, rethink their cash management strategy, and worry a lot more about what tomorrow will bring. But under theContinue reading “CFO Career Booms During An Economic Crisis”

The SEC backs off, and banks still turn coal to diamonds from their @$$

Fantastic!  The SEC issued an interpretation of an accounting standard that could make it easier for banks to report smaller losses, or perhaps even profits, when they announce results for the third quarter, which ended Tuesday. So far, the move on Tuesday drew praise from the ABA, which whined to the SEC that auditors wereContinue reading “The SEC backs off, and banks still turn coal to diamonds from their @$$”