Member Since: 24th Jul 2014
Global Finance Manager/CFO
24th Nov 2017
Usually been lucky with Hotels. Never liked standing up and delivering speeches. However, I used to work for a major international Pharmaceutical Company. Delivering my first ever Main Board report at the overseas head office I was very nervous. I had a second report to deliver in the second session. During lunch the Chairman approached me and told me not to worry. His advice for my second presentation was to look at the Main Board members and to remember that each of them also passed wind. I laughed and the afternoon was much better. As to referee's as a regular attendee at Craven Cottage I can only echo your dismay at the standard of the officials
24th Nov 2017
As a Mature Accountant approaching the old retirement age I have been thinking about this matter. If I can still perform to a good standard then for me it will be about am I still enjoying what I do. The day the answer is no I will be out. Assuming the Pension Fund hasn't taken a dip.
7th Sep 2017
Is it here to stay? No it is going to be like Income Tax, a temporary measure.
3rd Nov 2016
Sorry Tom. Meant to get back to you but ran out of time. Agree with the points made.
I would only add that planning should always be realistic. An unrealistic and unachievable plan is both demoralising and costly.
25th Aug 2016
Unfortunately there is no right or wrong answer. I have enjoyed roles up to divisional Finance Director within large multi nationals. A have also enjoyed roles up to CFO within SME's. The larger companies have excellent support systems and, when necessary the funds to employ "experts" when they are needed. However, the impact of what you do is less than in an SME. Within an SME what you do can and does have a major effect on the organisation. You are no longer a cog in a large wheel However, you will be at the "coal face" a lot more. It comes down to what you want at different periods within your career.
21st Apr 2016
EU payments, Post Brexit
Thank you. A clear and understandable statement of the facts. If only the scaremongering politicians of both sides could do the same we might be able to make an informed decision.
7th Apr 2016
Stepurhan is correct. Management accounts are for management not public use. With over thirty years experience in a variety of organisations I have discovered each has had its own requirements.I have known highly effective managers who only want certain key figures and I have known others who wish to drill down to fairly low levels. The key is to be consistent throughout the organisation on what terms mean and what the key metrics are. Finance are a service and internally it is our role to provide what managers need and, if economically viable,what they want. How can you write a standard for that?
15th Dec 2015
Whilst I can see where memyself-eye is coming from and to a large part agree with him/her I still do give but only to selected charities. There are some excellent hard working charities out there as well as some where the trustees and the management are rewarded (or is that reward themselves?) at full commercial levels and more. The regulations for trustees need to be toughened so that they don't become trustees just because it makes them look good.
11th Nov 2015
About 15 years ago there was a TV Programme that was titled something like "Cons are Us" which illustrated very similar frauds. Do these companies not have internal controls and authorities? No one person should be able to "cradle to grave" a transaction. I would also be highly concerned by the accused assertions that the organisation had endemic corruption. Surely as FD he had a responsibility to stop such a culture. Or am I just old fashioned?
5th Nov 2015
On another Notice Board I once stated my disenchantment with the inefficiency and waste in the
Public Sector. The response I received from Public Sector accountants was at best aggressive.
Having undertaken audit work and projects in various parts of the public sector I stand by my comments and the fact that I would think carefully before undertaking any more work in that sector.