Reconciliation

Q. What is the best practice for validation of credits shown on statements? We’ve had several… Read More

Q. What's the best practice for vendor statement review? A. (Answered by the IOFM Advisory… Read More

Q. Currently our Treasury team creates our bank accounts with the intent to have all activity (AR,… Read More

Q. I have unresolved invoices on my accounts payable aging dating back to 2015. The suppliers are… Read More

Q. We are currently going through an exercise to review our tolerances. Do you have any… Read More

Q. Our supplier had dual payment methods, credit card and ACH. Each payment method has its own… Read More

Q. As I am sure this is a topic of frustration at other companies, where there are both Purchasing… Read More

Budgeting is one of the key functions in every controller’s job description. A sound budget can mean the difference between maintaining a strong bottom line and falling short of strategic financial

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Finance can go beyond closing the books to make a strong impact on the performance of the enterprise as a whole. "Innovative finance teams are adopting the tenets of business excellence, which

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While the approach you describe does have a distorting impact on DPO, more importantly, it is

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