Many finance directors have been through some of the most challenging times of their careers, with even the strongest businesses having to cope with dwindling cash reserves. FDs have emerged from the financial crisis with a renewed respect for the importance of good cashflow management, but overcoming cash management habits is not easy.
Stephen Loffler, director at REL, joins Financial Director to discuss how FDs can effectively create a cash culture within their organisations.
Lack of skills in finance teams hamper CFOs delegation abilities, EY claims
Certain FDs have been tempted to exaggerate the profit impact of industrial action incurred when presenting their results
A joint report revealed that a large chunk of FTSE 100 firms are painting “an inaccurate picture” for shareholders in company reports