Udhara de Silva
Pillars of Planning: Identify the Drivers that Matter
The fourth pillar of planning identifies key business drivers (read about the first, second, and third pillars in our previous articles). These drivers may be resources, processes or conditions that…
Pillars of Planning: Plan to the right frequency
Now that we’ve looked at what level to plan and at what horizon, we can take a look at the third ‘Pillar of Planning’ – planning frequency, which depends on…
Pillars of Planning: Plan to the Right Horizon
Every corporate plan has a beginning and an end. The time between the two points is the planning horizon. It’s the amount of time an organisation will look into the future…
Pillars of Planning: Plan to the Right Level
Financial planning should focus on planning, rather than budgeting. There are five pillars of planning when building a great forecasting and planning environment: Plan to the level that matters…
IFRS 16: The biggest rethink in Lease Accounting in 40 years
International Financial Reporting Standards (IFRS) issued IFRS 16 in January 2016, which kicks in from the start of 2019. IFRS 16 comes in response to the US Securities and Exchange…
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